Advertising vs. R&D: Relative effectiveness on brand equity

This study examines whether advertising can contribute directly to brand equity and, if it can, determines how much value advertising can deliver to brands and firms using the secondary data from various sources. The findings show that advertising can not only work to improve market performance meas...

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Bibliographic Details
Main Author: J. Jeong
Format: Article
Language:English
Published: AOSIS 2015-09-01
Series:South African Journal of Business Management
Online Access:https://sajbm.org/index.php/sajbm/article/view/99
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author J. Jeong
author_facet J. Jeong
author_sort J. Jeong
collection DOAJ
description This study examines whether advertising can contribute directly to brand equity and, if it can, determines how much value advertising can deliver to brands and firms using the secondary data from various sources. The findings show that advertising can not only work to improve market performance measures but also to develop and maintain brand equity. R&D is also found to positively affect brand equity. With regard to the relative effectiveness of advertising and R&D, R&D is more effective than advertising in contributing to brand equity when measuring absolute effects of expenditures. When measuring simple changes in brand equity, however, changes in advertising are more effective than changes in R&D.
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spelling doaj.art-a40e70aeeedc4a549772260a0899614e2022-12-22T02:25:36ZengAOSISSouth African Journal of Business Management2078-55852078-59762015-09-01463314710.4102/sajbm.v46i3.9985Advertising vs. R&D: Relative effectiveness on brand equityJ. Jeong0Graduate School of Pan-Pacific International Studies, Kyung Hee UniversityThis study examines whether advertising can contribute directly to brand equity and, if it can, determines how much value advertising can deliver to brands and firms using the secondary data from various sources. The findings show that advertising can not only work to improve market performance measures but also to develop and maintain brand equity. R&D is also found to positively affect brand equity. With regard to the relative effectiveness of advertising and R&D, R&D is more effective than advertising in contributing to brand equity when measuring absolute effects of expenditures. When measuring simple changes in brand equity, however, changes in advertising are more effective than changes in R&D.https://sajbm.org/index.php/sajbm/article/view/99
spellingShingle J. Jeong
Advertising vs. R&D: Relative effectiveness on brand equity
South African Journal of Business Management
title Advertising vs. R&D: Relative effectiveness on brand equity
title_full Advertising vs. R&D: Relative effectiveness on brand equity
title_fullStr Advertising vs. R&D: Relative effectiveness on brand equity
title_full_unstemmed Advertising vs. R&D: Relative effectiveness on brand equity
title_short Advertising vs. R&D: Relative effectiveness on brand equity
title_sort advertising vs r d relative effectiveness on brand equity
url https://sajbm.org/index.php/sajbm/article/view/99
work_keys_str_mv AT jjeong advertisingvsrdrelativeeffectivenessonbrandequity