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INTRODUCTIONEmpirical research has consistently demonstrated a significant and positive relationshipbetween brand equity and desirable organisational outcomes such as return on investment,brand extension opportunities, more effective organisational communication, and increasedlevels of consumer preference and purchase intentions (Madden, Fehle & Fournier, 2006;Yeung & Ramasamy, 2008). The greater majority of the brand equity literature is based onquantitative measures of the concept's definitional tenets, the strengths of the relationshipbetween these tenets and desired organisational outcomes, and models of its functionality(see Buil, de Chernatony & Marinez, 2008; Yeung & Ramasamy, 2008).More recently, however, there have been calls in the literature for researchers to gobeyond identifying the benefits of effective brand equity management to explore how brandequity is constructed as a strategic organisational process, and to consider how its use may bemoderated by national/cultural differences (Banerjee, 2008; Broyles, Schumann &LITERATURE REVIEWBrand equity has received considerable academic attention since it was firstconceptualised in the early to mid-1990s (Eagle, Kitchen, Rose & Moyle, 2003; Pappu &Quester, 2008). According to Aaker (1991, 1996), the concept of brand equity comprises fourmain components:• brand awareness which refers to the level of target customers' familiarity with a brandname within a given market and/or for a specific need;
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