Impact of Purchase Involvement Factors on Brand Extension Acceptance in High and Low Involvement Products

Article Type:
Research/Original Article (دارای رتبه معتبر)
Abstract:
One of the main companies’ goals in today’s markets is to maintain their market shares. So, as brands are one of the main assets of companies; therefore, marketers try to vitalize the companies’ brand, in order to maintain their situations in market. Whereas, creation of a new brand is very costly and time consuming and its chance of success is limited, nowadays, more than ever, marketers are trying to achieve their goals through brand extension strategy. Of course, there are some numerous factors which can effect on brand extension acceptance among consumers. In this research some factors such as interest, risk acceptance, situation, and social visibility are recognized as factors that influence brand extension acceptance. But, because of the importance of involvement, this research is conducted to evaluate acceptance of brand extensions in both high and low involvement products. So, the goal of this research is to analyze the impact of interest, risk acceptance, situation, and social visibility on brand extension acceptance. Thus, consumer’s responses about eight new presumptive products which are used eight established brands –four high involvement products and four low involvement products-. In this descriptive survey, the data has been collected by a self-administrated questionnaire. For data analysis, repeated measures, ANOVA, andANCOVA have been used. Research findings indicate, among others, that: interest is the only factor that influences the acceptance of brand extensions in all products.
Language:
Persian
Published:
Journal of Business Management, Volume:13 Issue: 3, 2014
Pages:
141 to 158
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