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Exciting on Facebook or competent in the newspaper? Media effects on consumers’ perceptions of brands in the fashion category

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Abstract

Media investments are continuously shifting from traditional media like newspapers to digital alternatives like websites and social media. This study investigated if and how media choice between the two rival channels can influence consumers’ perceptions of a novel brand. 504 Swedish retail fashion customers participated in an experiment to evaluate the identical advertisement placed either in a national newspaper or on Facebook. The results revealed that advertising in a newspaper can have a positive effect on brand equity facets and purchase intention through brand personality perceptions of being competent, while advertising on Facebook have similar effects but through perceptions of being exciting. Besides some evidence that choice between traditional and new media affects brand personality this study is one of the first attempts to incorporate media channel choice into the broader customer-based brand equity framework. The results from this particular study suggest that media channel choice should be considered from a brand equity building perspective at least in the fashion category. This study shows that different media channels could complement each other strategically, as traditional media channels still can have valuable and unique contributions to brand building through brand personality perceptions, especially for brands striving to be perceived as competent.

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This study examines the preferences and purchase intentions of young South-east Asian consumers. Specifically, the study focuses on the non-product brand associations proposed by Keller (1998) and tests their effects on brand preference rating and purchase intentions toward different brands of fashion apparel. Data were gathered in Singapore via a self-administered survey and the results indicate differential effects of brand associations such as price perceptions, brand personality, brand-elicited feelings, self-image and brand-user-image congruency on consumer brand preferences and purchase intentions.
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The statistical tests used in the analysis of structural equation models with unobservable variables and measurement error are examined. A drawback of the commonly applied chi square test, in addition to the known problems related to sample size and power, is that it may indicate an increasing correspondence between the hypothesized model and the observed data as both the measurement properties and the relationship between constructs decline. Further, and contrary to common assertion, the risk of making a Type II error can be substantial even when the sample size is large. Moreover, the present testing methods are unable to assess a model's explanatory power. To overcome these problems, the authors develop and apply a testing system based on measures of shared variance within the structural model, measurement model, and overall model.
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Business managers that use the Internet as a major component of their marketing communications strategy face great challenges. The popularity of the Internet with consumers and businesses drives thousands of firms to promote their products and services using World Wide Web (known hereinafter as the Web) sites. Technology has created a competitive arena that enables exposure to consumers worldwide, who can now easily communicate with each other. This potential for exposure has dramatic implications for any business considering the Internet as a promotional vehicle. The growing popularity of Internet sites, where users may discuss their feelings about companies and products, allows an increased scrutiny of all aspects of business. If companies do not deal effectively with this scrutiny, brand equity is vulnerable to erosion. Therefore, all contingencies inherent in promotional efforts on the Internet must be weighed carefully. Businesses which examine the ramifications of on-line exposure are better able to create and maintain a positive Internet presence which facilitates effective Web site promotion. Planning, implementation and control must be integrated into the on-line marketing communications of businesses, regardless of business size.
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Although a considerable amount of research has been conducted to conceptualize brand personality, no study yet examined the structure of brand personality dimensions in China. This research identifies a theoretical framework of six brand personality dimensions in China. Of the six dimensions identified, three dimensions (Competence, Excitement, and Sophistication) are consistent with those found in the USA, whereas three dimensions carry culture-specific meaning (Traditionalism, Joyfulness, and Trendiness), supporting our prediction that Chinese brand personality structure shows the coexistence of traditional and changing cultural values in contemporary Chinese society. The findings suggest that the symbolic meaning embedded in Chinese commercial brands is under considerable influence of both western modernism and Chinese traditionalism. Theoretical and managerial implications regarding the symbolic use of commercial brands are discussed.
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The antecedents of brand equity are considered to be brand attitude and brand image, and the consequences of brand equity are considered to be brand preference and purchase intentions. This study concentrates on service brands, selecting 18 from 3 service categories. A structural equation model is presented. Not only does it show a good fit with the research constructs but also the relationships between brand image and brand equity, and brand attitude and brand equity. The impact of brand equity on customer preference and purchase intentions is confirmed as well, which tends to validate the proposed research framework.
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Spector (1987) recently concluded that there is little evidence of method variance in multitrait-multimethod studies of self-reported affect and perceptions at work. In this article we propose that this conclusion was incorrect and was the result of improper analytical procedures. Spector's data were reanalyzed by using a more powerful approach: confirmatory factor analysis. Model comparisons and variance partitioning indicated that method variance is present and accounts for approximately 25% of the variance in the measures examined by Spector. (PsycINFO Database Record (c) 2012 APA, all rights reserved)
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Management is increasingly under pressure to increase shareholder value. Given the immediate pressures of meeting short-term targets, many managers opt for reductions in long-term investments to achieve short-term goals. An empirical study conducted by Mizik and Jacobson (2006) found that 65% of organisations were applying this "myopic management", thus harming intangible marketing assets and consequently destroying shareholder value in the long term. Part of the challenge lies in the increasing importance of intangible assets to the value of the firm. For the S&P 500 companies in 1980, traditional accounting assets composed on average 80% of market value; by 2002, this had fallen to 25% (Ballow, Abstract Marketers are under increasing pressure to become more accountable and build shareholder value. Two major marketing intangibles at their disposal are Customer Equity, the net present value of the future profit streams from all its customers, and Brand Equity, the inherent value of the brand to the firm and the customer. This paper reviews the current state of the Brand Equity/Customer Equity debate, analysing the different models of Customer Equity and the different measurements of Brand Equity, and draws some comparisons between the similarities and differences of the two approaches. It then develops a model or framework to guide research and to drive an organisation's focus on either or both of the two concepts.
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This article examines the adequacy of the “rules of thumb” conventional cutoff criteria and several new alternatives for various fit indexes used to evaluate model fit in practice. Using a 2‐index presentation strategy, which includes using the maximum likelihood (ML)‐based standardized root mean squared residual (SRMR) and supplementing it with either Tucker‐Lewis Index (TLI), Bollen's (1989) Fit Index (BL89), Relative Noncentrality Index (RNI), Comparative Fit Index (CFI), Gamma Hat, McDonald's Centrality Index (Mc), or root mean squared error of approximation (RMSEA), various combinations of cutoff values from selected ranges of cutoff criteria for the ML‐based SRMR and a given supplemental fit index were used to calculate rejection rates for various types of true‐population and misspecified models; that is, models with misspecified factor covariance(s) and models with misspecified factor loading(s). The results suggest that, for the ML method, a cutoff value close to .95 for TLI, BL89, CFI, RNI, and Gamma Hat; a cutoff value close to .90 for Mc; a cutoff value close to .08 for SRMR; and a cutoff value close to .06 for RMSEA are needed before we can conclude that there is a relatively good fit between the hypothesized model and the observed data. Furthermore, the 2‐index presentation strategy is required to reject reasonable proportions of various types of true‐population and misspecified models. Finally, using the proposed cutoff criteria, the ML‐based TLI, Mc, and RMSEA tend to overreject true‐population models at small sample size and thus are less preferable when sample size is small.