Critical factors for developing brand equity: an empirical investigation in Malaysia

The power of branding is most often powerful than the product itself. Renowned brands like Procter and Gamble paid Richardson-Vicks 2.6 times of its book value. Nabisco was sold for 3.2 times of its book value and General Motors was sold for 3.5 times its book value. Whilst these corporations succee...

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Main Authors: Silva, Suranga, Nikhashemi, Seyed Rajab, Haque, A. K. M. Ahasanul, Yasmin, Farzana, Khatibi, Ali
Format: Article
Language:English
Published: International Organization of Scientific Research (IOSR) 2012
Subjects:
Online Access:http://irep.iium.edu.my/26457/
http://irep.iium.edu.my/26457/
http://irep.iium.edu.my/26457/1/Critical_Factors_for_Developing_Brand_Equity_An_Empirical_Investigation_In_Malaysia.pdf
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recordtype eprints
spelling iium-264572012-12-05T08:00:46Z http://irep.iium.edu.my/26457/ Critical factors for developing brand equity: an empirical investigation in Malaysia Silva, Suranga Nikhashemi, Seyed Rajab Haque, A. K. M. Ahasanul Yasmin, Farzana Khatibi, Ali HF5001 Business. Business Administration The power of branding is most often powerful than the product itself. Renowned brands like Procter and Gamble paid Richardson-Vicks 2.6 times of its book value. Nabisco was sold for 3.2 times of its book value and General Motors was sold for 3.5 times its book value. Whilst these corporations succeeded in using their brand as a source for their company's worth, others lagged behind, trying to comprehend the real value of branding. This study draws upon past literatures in branding and proposes the use the brand equity concept towards formulating a meaningful plat for a Malaysian Internet service called TMnet, Jaring and Maxis to nest. This study develops a brand equity construct which nestles upon brand concept of functionality, image, perceived quality and brand loyalty. Developing brand equity is not an easy task. Therefore, this study tries to identify the important factors for creating brand equity. Results of this study shows that perceived quality is the most important factor for developing brand equity. The results of this study confirm the significant influence of these four utmost important factors on brand equity. In conclusion, practitioners can derive a better understanding of the activities that are undertaken by these organizations and how the way these activities are being dealt with. Keywords: Functionality, image of brand, perceived quality of brand and brand loyalty International Organization of Scientific Research (IOSR) 2012-07 Article PeerReviewed application/pdf en http://irep.iium.edu.my/26457/1/Critical_Factors_for_Developing_Brand_Equity_An_Empirical_Investigation_In_Malaysia.pdf Silva, Suranga and Nikhashemi, Seyed Rajab and Haque, A. K. M. Ahasanul and Yasmin, Farzana and Khatibi, Ali (2012) Critical factors for developing brand equity: an empirical investigation in Malaysia. IOSR Journal of Business and Management, 1 (4). pp. 13-20. ISSN 2278-487X http://iosrjournals.org/iosr-jbm/pages/v1i4.html
repository_type Digital Repository
institution_category Local University
institution International Islamic University Malaysia
building IIUM Repository
collection Online Access
language English
topic HF5001 Business. Business Administration
spellingShingle HF5001 Business. Business Administration
Silva, Suranga
Nikhashemi, Seyed Rajab
Haque, A. K. M. Ahasanul
Yasmin, Farzana
Khatibi, Ali
Critical factors for developing brand equity: an empirical investigation in Malaysia
description The power of branding is most often powerful than the product itself. Renowned brands like Procter and Gamble paid Richardson-Vicks 2.6 times of its book value. Nabisco was sold for 3.2 times of its book value and General Motors was sold for 3.5 times its book value. Whilst these corporations succeeded in using their brand as a source for their company's worth, others lagged behind, trying to comprehend the real value of branding. This study draws upon past literatures in branding and proposes the use the brand equity concept towards formulating a meaningful plat for a Malaysian Internet service called TMnet, Jaring and Maxis to nest. This study develops a brand equity construct which nestles upon brand concept of functionality, image, perceived quality and brand loyalty. Developing brand equity is not an easy task. Therefore, this study tries to identify the important factors for creating brand equity. Results of this study shows that perceived quality is the most important factor for developing brand equity. The results of this study confirm the significant influence of these four utmost important factors on brand equity. In conclusion, practitioners can derive a better understanding of the activities that are undertaken by these organizations and how the way these activities are being dealt with. Keywords: Functionality, image of brand, perceived quality of brand and brand loyalty
format Article
author Silva, Suranga
Nikhashemi, Seyed Rajab
Haque, A. K. M. Ahasanul
Yasmin, Farzana
Khatibi, Ali
author_facet Silva, Suranga
Nikhashemi, Seyed Rajab
Haque, A. K. M. Ahasanul
Yasmin, Farzana
Khatibi, Ali
author_sort Silva, Suranga
title Critical factors for developing brand equity: an empirical investigation in Malaysia
title_short Critical factors for developing brand equity: an empirical investigation in Malaysia
title_full Critical factors for developing brand equity: an empirical investigation in Malaysia
title_fullStr Critical factors for developing brand equity: an empirical investigation in Malaysia
title_full_unstemmed Critical factors for developing brand equity: an empirical investigation in Malaysia
title_sort critical factors for developing brand equity: an empirical investigation in malaysia
publisher International Organization of Scientific Research (IOSR)
publishDate 2012
url http://irep.iium.edu.my/26457/
http://irep.iium.edu.my/26457/
http://irep.iium.edu.my/26457/1/Critical_Factors_for_Developing_Brand_Equity_An_Empirical_Investigation_In_Malaysia.pdf
first_indexed 2023-09-18T20:39:25Z
last_indexed 2023-09-18T20:39:25Z
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