impact of brand image on purchase intention
TRANSCRIPT
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Presented By: M.Ejaz-ul-haq
Impact of Brand Image on Purchase Intention
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Introduction
• Brand Image
• A company is well acknowledged only when
it has a brand name. A brand name is one
which speaks for your company
• The overall vision or position of Brand in
the minds of consumer
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Stakeholders
• Companies• Consumers• Celebrities
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Problem Statement
• Marketers are using different techniques to attract customers and to gain an advantage over the competitors. One of them is Brand Image, this study is aimed at finding how Brand Image effects the purchase behavior of customers and also in the process to check weather it is a effective tool or not
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Research Question
Does Brand Image has any impact on the purchase behavior of consumers?
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Objective of Study
• To find out the effect of Brand Image on Purchase Intention
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Significance of Study
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Literature Review
• Aaker, D. A., & Keller, K. L. (1990). Consumer evaluations of brand extensions.
• Aaker, D.A. (1996), Building Strong Brands, The Free Press, New York, NY.
• Cobb-Walgren, C.J., Ruble, C.A. and Donthu, N. (1995), “Brand equity, brand preference, and purchase intent”
• Keller, K., S. Heckler, et al. (1998). "The effects of brand name suggestiveness on advertising recall.
• Rust Anthony, J. and T. Roland (1993). "Customer satisfaction, customer retention, and market share.
• Sethuraman, R., C. Cole, et al. (1997). Why do consumers pay more for national brands than for store brands?
• Yasin, N., M. Noor, et al. (2007). "Does image of country-of-origin matter to brand equity?“
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Methodology
• Questionnaire Development• Sample Size
A total sample size of 120 respondents were taken
• Data SourceData was gathered from people of
Rawalpindi and Islamabad
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Models
• Descriptive Statistics• Correlation• Regression Model
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Variables
• Independent Variable
• Brand Image
• Dependent Variable
• Purchase Intention
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Data Analysis
• In order to analyze the data regression
method was used
• Model was chosen because study has to
analyze the relation/ effect of Brand Image
on the purchase behavior of consumers
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Descriptive Statistics
Descriptive Statistics BRAND IMAGE and PURCHASE INTENTION
Mean 4.0542 3.41
Median 4 3.4
Standard Deviation 0.48119 0.37291
Minimum 2.38 1.8
Maximum 5.13 4.2
Count 120 120
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Correlation
Brand Image
Purchase Intention
Brand Image 1
Purchase Intention
0.186621609 1
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Analysis
Description Coefficient t-statistics
Brand Image 0.2408146 2.06348108
R square 0.034827625
Significance of F 0.041260184
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Conclusion
• Brand Image has a positive impact on the purchase behavior of consumer.• These results are same as Claire A.
Boudreaux and Stephen E. Palmer (2007)
• These results are opposite to Nadia Huitzilin (2007) who found that there is no significant impact of Brand Image on the purchase behavior of consumers.
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Future Recommendation
• The future researches should be conducted on the areas other than this. Such as what other factors like company image, advertisement or company country of origin affects the purchase intention of the consumer
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