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  • 标题:DETERMINANTS INFLUENCING CONSUMER'S LOYALTY TOWARDS A PRIVATE BRAND
  • 本地全文:下载
  • 作者:Alić, Adi ; Peštek, Almir ; Merdić, Ehlimana
  • 期刊名称:Business Excellence
  • 印刷版ISSN:1846-3355
  • 出版年度:2019
  • 卷号:13
  • 期号:2
  • 页码:31-51
  • DOI:10.22598/pi-be/2019.13.2.31
  • 出版社:Znanstvena knjiga
  • 摘要:
    In modern consumer society, consumers become all the more demanding with
    the right to possess the final statement on selection of a product, and thus the role of a
    brand as a means of communication is the key, since brands are powerful enough to
    attract and keep a consumer. Consumers create a relationship with a brand based on
    quality guarantee and positive experience. The main purpose of this paper is to explore
    determinants influencing consumer’s loyalty towards a private brand. The research is
    based on private brand R-Time owned by the trade chain Robot. Data were collected
    through a field survey, and the sample consisted of 439 respondents. Data were analyzed
    using SEM analysis. The results of the survey show that the determinants of price and quality perception affect consumers' loyalty towards a product of the private brand RTime,
    whereas there is no difference among tested ethnocentric and non-ethnocentric
    group of consumers. Building on our results, retailers are encouraged to scrutinize both
    price and quality perception of their own brands, in order to build long-term consumerbrand
    loyalty. The novelty and value of this research is reflected in the fact that the given
    results confirm that the size of the effect of price and quality perception on private brand
    loyalty among ethnocentric and non-ethnocentric consumers is not significant, so there
    is no need for retailers to focus on highlighting the brand’s domestic origins. The main
    limitations of the study are related to data collection process, in terms of geographical
    coverage and product category. These limitations constitute areas for future research.
  • 关键词:brand; private brand; consumers; R-Time; Bosnia and Herzegovina
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