Examining Brand Equity through Loyalty and Quality: A Cross-Sector Analysis
DOI:
https://doi.org/10.53573/rhimrj.2025.v12n5.005Keywords:
Brand Equity, Brand Loyalty, Perceived Quality, FMCG, Sector-wise AnalysisAbstract
In the contemporary competitive business landscape, brand equity has become a vital strategic asset influencing consumer behavior, market performance, and long-term organizational value. Among its key antecedents, Brand Loyalty and Perceived Quality play a central role in shaping consumer perceptions and enhancing brand strength. This study investigates the impact of these two constructs on Brand Equity across three prominent sectors: Automobile, Banking, and FMCG. Drawing from Aaker’s Brand Equity Model and the Resource-Based View (RBV), the research adopts a quantitative methodology, utilizing a structured questionnaire to collect primary data from 323 respondents. The study employs descriptive statistics, reliability analysis, correlation, and regression techniques to examine the strength and significance of relationships between the variables. The results confirm that both Brand Loyalty and Perceived Quality serve as critical drivers of Brand Equity across all three sectors, underscoring their strategic importance in consumer brand evaluation. This research contributes to existing literature by offering a sector-wise empirical perspective and highlights the need for brand managers to prioritize loyalty-building efforts and consistent quality delivery to strengthen brand equity in a dynamic and diverse marketplace.
References
Aaker, D. A. (1996). Building strong brands. New York: Free Press.
Bapat, D., & Hollebeek, L. D. (2023). Perceived quality and brand relationship quality: A customer-based brand equity perspective. Journal of Product & Brand Management, 32(1), 90–104.
Chinomona, R. (2016). Brand communication, brand image and brand trust as antecedents of brand loyalty in a retail store context. Journal of Retailing and Consumer Services, 30, 172–181.
Fu, X., Wang, Y., & He, H. (2023). How brand loyalty shapes consumer engagement in emerging markets. Journal of Business Research, 161, 113800.
Gallegos, L. C., & Vasquez, C. (2019). Emotional brand attachment and brand loyalty in the digital era. International Journal of Marketing Studies, 11(3), 12–23.
Gunawan, D. D., & Huarng, K. H. (2015). Viral effects of social network and media on consumers’ purchase intentions. Journal of Business Research, 68(11), 2237–2241.
Hsu, M. H., Chiu, C. M., & Ju, T. L. (2012). Determinants of continued use of the social networking site: The integration of trust and quality. Information & Management, 49(6), 215–222.
Keller, K. L. (2003). Strategic brand management: Building, measuring, and managing brand equity (2nd ed.). Upper Saddle River, NJ: Prentice Hall.
Kapferer, J. N. (2012). The new strategic brand management: Advanced insights and strategic thinking (5th ed.). London: Kogan Page.
Oliver, R. L. (1999). Whence consumer loyalty? Journal of Marketing, 63, 33–44.
Parris, D. L., & Guzmán, F. (2023). Emotional branding and loyalty in the age of social media. Journal of Brand Management, 30(2), 113–130.
Rashid, N., Abdul Aziz, N., & Sidek, Y. (2020). The role of trust and brand loyalty in the automobile industry. International Journal of Business and Society, 21(1), 183–196.
Sasmita, J., & Mohd Suki, N. (2015). Young consumers’ insights on brand equity: Effects of brand association, brand loyalty, brand awareness, and perceived quality. Asian Journal of Business Research, 5(1), 155–163.
Sridhar, S., & Fang, E. (2019). Examining the roles of customer trust and perceived quality in financial services. Journal of Services Marketing, 33(2), 243–255.
Wang, H., & Sengupta, J. (2016). Resource-based view and brand equity: Leveraging intangible assets for sustainable advantage. Journal of Business Strategy, 37(5), 12–20.
Yu, C. C., Chang, H. L., & Wang, Y. C. (2008). Brand equity, brand preference, and purchase intentions in the FMCG sector. International Journal of Research in Marketing, 25(3), 201–212.
Zeithaml, V. A. (1988). Consumer perceptions of price, quality, and value: A means–end model and synthesis of evidence. Journal of Marketing, 52(3), 2–22.