Understanding effective factors affecting brand equity

The purpose of this research is to know the most effective factor that has a relationship with the brand equity of Disney at Disney shop, DLF Mall, Noida, India. The factors that are tested in this research include brand awareness, brand image, perceived quality, brand association, and brand loyalty...

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Main Authors: Bhumiphat Gilitwala, Amit Kumar Nag
Format: Article
Language:English
Published: Taylor & Francis Group 2022-12-01
Series:Cogent Business & Management
Subjects:
Online Access:https://www.tandfonline.com/doi/10.1080/23311975.2022.2104431
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author Bhumiphat Gilitwala
Amit Kumar Nag
author_facet Bhumiphat Gilitwala
Amit Kumar Nag
author_sort Bhumiphat Gilitwala
collection DOAJ
description The purpose of this research is to know the most effective factor that has a relationship with the brand equity of Disney at Disney shop, DLF Mall, Noida, India. The factors that are tested in this research include brand awareness, brand image, perceived quality, brand association, and brand loyalty. A convenient sampling technique was used to collect data from 400 respondents by using online questionnaires. The questionnaire was sent to the people who had visited Disney shop, DLF Mall, Noida, India. The reliability and validity of various factors affecting the brand equity of Disney were examined by confirmatory factor analysis and structural equation modelling. This research found that brand image has the highest relationship and is able to create brand equity for Disney the most, whereas perceived quality and brand association have a low relationship with the brand equity of Disney. In addition, brand awareness has a negative effect on brand equity with a regression weight of-0.086. This research has implications for the brand equity of Disney. There are five factors that can be related to the brand equity of Disney. These five factors are brand awareness, brand image, perceived quality, brand association and brand loyalty. This research helps to develop an insight about the most important factor having an impact on the brand equity of Disney at Disney shop.
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spelling doaj.art-32bb1f9e45ff4771b82d3dd6be8f48002022-12-22T04:02:01ZengTaylor & Francis GroupCogent Business & Management2331-19752022-12-019110.1080/23311975.2022.2104431Understanding effective factors affecting brand equityBhumiphat Gilitwala0Amit Kumar Nag1Graduate School of Business (GSB), Assumption University, Bangkok, ThailandDepartment of Commerce, the Bhopal School of Social Sciences (BSSS), Bhopal, IndiaThe purpose of this research is to know the most effective factor that has a relationship with the brand equity of Disney at Disney shop, DLF Mall, Noida, India. The factors that are tested in this research include brand awareness, brand image, perceived quality, brand association, and brand loyalty. A convenient sampling technique was used to collect data from 400 respondents by using online questionnaires. The questionnaire was sent to the people who had visited Disney shop, DLF Mall, Noida, India. The reliability and validity of various factors affecting the brand equity of Disney were examined by confirmatory factor analysis and structural equation modelling. This research found that brand image has the highest relationship and is able to create brand equity for Disney the most, whereas perceived quality and brand association have a low relationship with the brand equity of Disney. In addition, brand awareness has a negative effect on brand equity with a regression weight of-0.086. This research has implications for the brand equity of Disney. There are five factors that can be related to the brand equity of Disney. These five factors are brand awareness, brand image, perceived quality, brand association and brand loyalty. This research helps to develop an insight about the most important factor having an impact on the brand equity of Disney at Disney shop.https://www.tandfonline.com/doi/10.1080/23311975.2022.2104431Marketing ManagementBusiness, Administration and ManagementBrand awarenessbrand imageperceived qualitybrand association
spellingShingle Bhumiphat Gilitwala
Amit Kumar Nag
Understanding effective factors affecting brand equity
Cogent Business & Management
Marketing Management
Business, Administration and Management
Brand awareness
brand image
perceived quality
brand association
title Understanding effective factors affecting brand equity
title_full Understanding effective factors affecting brand equity
title_fullStr Understanding effective factors affecting brand equity
title_full_unstemmed Understanding effective factors affecting brand equity
title_short Understanding effective factors affecting brand equity
title_sort understanding effective factors affecting brand equity
topic Marketing Management
Business, Administration and Management
Brand awareness
brand image
perceived quality
brand association
url https://www.tandfonline.com/doi/10.1080/23311975.2022.2104431
work_keys_str_mv AT bhumiphatgilitwala understandingeffectivefactorsaffectingbrandequity
AT amitkumarnag understandingeffectivefactorsaffectingbrandequity