Exploring the Effects of Brand Promotion and Brand Image Perception on Business Outcomes of Small-sized Agribusiness Firms

To date there is hardly any empirical evidence in academic literature that branding, particularly brand promotion and brand image perception, plays any significant role in the performance of small-sized agribusiness, especially those in the Sub-Saharan (SSA) region. This study was triggered by the n...

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Main Authors: Chux Gervase Iwu, Christian Nedu Osakwe, Joseph Omotosho Ajayi
Format: Article
Language:English
Published: Mendel University Press 2015-01-01
Series:Acta Universitatis Agriculturae et Silviculturae Mendelianae Brunensis
Subjects:
Online Access:https://acta.mendelu.cz/63/5/1661/
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author Chux Gervase Iwu
Christian Nedu Osakwe
Joseph Omotosho Ajayi
author_facet Chux Gervase Iwu
Christian Nedu Osakwe
Joseph Omotosho Ajayi
author_sort Chux Gervase Iwu
collection DOAJ
description To date there is hardly any empirical evidence in academic literature that branding, particularly brand promotion and brand image perception, plays any significant role in the performance of small-sized agribusiness, especially those in the Sub-Saharan (SSA) region. This study was triggered by the need to fill this vacuum. Survey data were collected from small-sized agribusiness firms in one of the SSA economic ‘powerhouses’, which is Nigeria. Employing a contemporary research technique, specifically the Consistent Partial Least Square Structural Equation Modeling (denoted as PLSc), the study found that both brand promotion and brand image perception are instrumental for enhancing the organizational performance of small agribusinesses. In sum, the findings lend empirical support to the extant literature on brand promotion and brand image perception as precursors to the performance of firms regardless of a its size and business location. The implications of study, limitation and future research directions are further highlighted in the concluding section of the paper.
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spelling doaj.art-370b232db8674dbb970e96ce8a61136e2022-12-22T01:49:01ZengMendel University PressActa Universitatis Agriculturae et Silviculturae Mendelianae Brunensis1211-85162464-83102015-01-016351661166910.11118/actaun201563051661Exploring the Effects of Brand Promotion and Brand Image Perception on Business Outcomes of Small-sized Agribusiness FirmsChux Gervase Iwu0Christian Nedu Osakwe1Joseph Omotosho Ajayi2Faculty of Business and Management Sciences, Cape Peninsula University of Technology, South AfricaDepartment of Management and Marketing, Faculty of Management and Economics, Tomas Bata University in Zlín, nám. T. G. Masaryka 5555, 760 01 Zlín, Czech RepublicDepartment of Agricultural and Resource Economics, Federal University of Technology, Akure, NigeriaTo date there is hardly any empirical evidence in academic literature that branding, particularly brand promotion and brand image perception, plays any significant role in the performance of small-sized agribusiness, especially those in the Sub-Saharan (SSA) region. This study was triggered by the need to fill this vacuum. Survey data were collected from small-sized agribusiness firms in one of the SSA economic ‘powerhouses’, which is Nigeria. Employing a contemporary research technique, specifically the Consistent Partial Least Square Structural Equation Modeling (denoted as PLSc), the study found that both brand promotion and brand image perception are instrumental for enhancing the organizational performance of small agribusinesses. In sum, the findings lend empirical support to the extant literature on brand promotion and brand image perception as precursors to the performance of firms regardless of a its size and business location. The implications of study, limitation and future research directions are further highlighted in the concluding section of the paper.https://acta.mendelu.cz/63/5/1661/brandingbrand promotionbrand image perceptionNigeriaorganizational performancesmall-sized agribusiness
spellingShingle Chux Gervase Iwu
Christian Nedu Osakwe
Joseph Omotosho Ajayi
Exploring the Effects of Brand Promotion and Brand Image Perception on Business Outcomes of Small-sized Agribusiness Firms
Acta Universitatis Agriculturae et Silviculturae Mendelianae Brunensis
branding
brand promotion
brand image perception
Nigeria
organizational performance
small-sized agribusiness
title Exploring the Effects of Brand Promotion and Brand Image Perception on Business Outcomes of Small-sized Agribusiness Firms
title_full Exploring the Effects of Brand Promotion and Brand Image Perception on Business Outcomes of Small-sized Agribusiness Firms
title_fullStr Exploring the Effects of Brand Promotion and Brand Image Perception on Business Outcomes of Small-sized Agribusiness Firms
title_full_unstemmed Exploring the Effects of Brand Promotion and Brand Image Perception on Business Outcomes of Small-sized Agribusiness Firms
title_short Exploring the Effects of Brand Promotion and Brand Image Perception on Business Outcomes of Small-sized Agribusiness Firms
title_sort exploring the effects of brand promotion and brand image perception on business outcomes of small sized agribusiness firms
topic branding
brand promotion
brand image perception
Nigeria
organizational performance
small-sized agribusiness
url https://acta.mendelu.cz/63/5/1661/
work_keys_str_mv AT chuxgervaseiwu exploringtheeffectsofbrandpromotionandbrandimageperceptiononbusinessoutcomesofsmallsizedagribusinessfirms
AT christianneduosakwe exploringtheeffectsofbrandpromotionandbrandimageperceptiononbusinessoutcomesofsmallsizedagribusinessfirms
AT josephomotoshoajayi exploringtheeffectsofbrandpromotionandbrandimageperceptiononbusinessoutcomesofsmallsizedagribusinessfirms