Investigating the differences in consumer evaluations of search, experience and credence brand extensions and their effects on the parent brand.

Drawing on the fundamental differences among goods lying along the continuum of search, experience and credence attributes, we investigate its application to brand extension. This research paper investigates the effects of perceived fit and the search-experience-credence continuum on brand extensio...

Full description

Bibliographic Details
Main Authors: Goh, Sara Qian Yu., Lee, Denise Mei Zhen., Ong, Song Qin.
Other Authors: Ng, Sharon Sok Ling
Format: Final Year Project (FYP)
Published: 2008
Subjects:
Online Access:http://hdl.handle.net/10356/11043
_version_ 1811694644011991040
author Goh, Sara Qian Yu.
Lee, Denise Mei Zhen.
Ong, Song Qin.
author2 Ng, Sharon Sok Ling
author_facet Ng, Sharon Sok Ling
Goh, Sara Qian Yu.
Lee, Denise Mei Zhen.
Ong, Song Qin.
author_sort Goh, Sara Qian Yu.
collection NTU
description Drawing on the fundamental differences among goods lying along the continuum of search, experience and credence attributes, we investigate its application to brand extension. This research paper investigates the effects of perceived fit and the search-experience-credence continuum on brand extension evaluations, together with their corresponding effects on the parent brand. Particularly, we predict that given a high image and high quality parent brand, evaluations of brand extensions will be higher as they move towards the credence end of the continuum. Any dilution effect on the parent brand will also be lesser as extensions move towards the credence end of the continuum. The key reason for our expectations is because we believe that as goods move towards the credence end of the continuum, consumers will draw transfer more positive attitudes and beliefs from a high image and high quality parent brand. With the usage of three pretests and a market survey, data was gathered from a total sample of 366 undergraduates. Key findings of the study revealed that perceived fit had an effect on brand extension evaluation and parent brand evaluation. Secondly, experience based brand extensions were evaluated least favourably among the three continuum categories. Thirdly, dilution effects on the parent brand were observed to be most pronounced in experience brand extensions and least pronounced in credence brand extensions.
first_indexed 2024-10-01T07:10:51Z
format Final Year Project (FYP)
id ntu-10356/11043
institution Nanyang Technological University
last_indexed 2024-10-01T07:10:51Z
publishDate 2008
record_format dspace
spelling ntu-10356/110432023-05-19T06:09:04Z Investigating the differences in consumer evaluations of search, experience and credence brand extensions and their effects on the parent brand. Goh, Sara Qian Yu. Lee, Denise Mei Zhen. Ong, Song Qin. Ng, Sharon Sok Ling Nanyang Business School DRNTU::Business::Marketing::Consumer behavior Drawing on the fundamental differences among goods lying along the continuum of search, experience and credence attributes, we investigate its application to brand extension. This research paper investigates the effects of perceived fit and the search-experience-credence continuum on brand extension evaluations, together with their corresponding effects on the parent brand. Particularly, we predict that given a high image and high quality parent brand, evaluations of brand extensions will be higher as they move towards the credence end of the continuum. Any dilution effect on the parent brand will also be lesser as extensions move towards the credence end of the continuum. The key reason for our expectations is because we believe that as goods move towards the credence end of the continuum, consumers will draw transfer more positive attitudes and beliefs from a high image and high quality parent brand. With the usage of three pretests and a market survey, data was gathered from a total sample of 366 undergraduates. Key findings of the study revealed that perceived fit had an effect on brand extension evaluation and parent brand evaluation. Secondly, experience based brand extensions were evaluated least favourably among the three continuum categories. Thirdly, dilution effects on the parent brand were observed to be most pronounced in experience brand extensions and least pronounced in credence brand extensions. 2008-09-24T07:50:38Z 2008-09-24T07:50:38Z 2008 2008 Final Year Project (FYP) http://hdl.handle.net/10356/11043 Nanyang Technological University application/pdf
spellingShingle DRNTU::Business::Marketing::Consumer behavior
Goh, Sara Qian Yu.
Lee, Denise Mei Zhen.
Ong, Song Qin.
Investigating the differences in consumer evaluations of search, experience and credence brand extensions and their effects on the parent brand.
title Investigating the differences in consumer evaluations of search, experience and credence brand extensions and their effects on the parent brand.
title_full Investigating the differences in consumer evaluations of search, experience and credence brand extensions and their effects on the parent brand.
title_fullStr Investigating the differences in consumer evaluations of search, experience and credence brand extensions and their effects on the parent brand.
title_full_unstemmed Investigating the differences in consumer evaluations of search, experience and credence brand extensions and their effects on the parent brand.
title_short Investigating the differences in consumer evaluations of search, experience and credence brand extensions and their effects on the parent brand.
title_sort investigating the differences in consumer evaluations of search experience and credence brand extensions and their effects on the parent brand
topic DRNTU::Business::Marketing::Consumer behavior
url http://hdl.handle.net/10356/11043
work_keys_str_mv AT gohsaraqianyu investigatingthedifferencesinconsumerevaluationsofsearchexperienceandcredencebrandextensionsandtheireffectsontheparentbrand
AT leedenisemeizhen investigatingthedifferencesinconsumerevaluationsofsearchexperienceandcredencebrandextensionsandtheireffectsontheparentbrand
AT ongsongqin investigatingthedifferencesinconsumerevaluationsofsearchexperienceandcredencebrandextensionsandtheireffectsontheparentbrand