Identifying the Determinants of Revitalizing of Dead Brands:A Consumer Perspective Approach (Case Study: Meli Shoes)
Companies can successfully revive a brand by leveraging the lost positive aspects of the brand among existing and old customers and by using effective revitalization strategies combined with integrated marketing communications. The purpose of this study is to identify the determinants of revitalization of destroyed brands: a consumer perspective approach. Based on the research background, from the consumer perspective, 5 indicators affecting the revitalization of destroyed brands were identified. A standard questionnaire was used to measure research variables. The statistical population of the study includes 350 people who have used national footwear products in the past and were selected by simple random sampling. SPSS and LISREL software were used to analyze the data and structural equation modeling was used to analyze the hypotheses. The results of data analysis showed that functional brand usefulness, brand social usefulness, brand value utility, brand superiority have a positive effect on the revitalization of destroyed brands and nostalgia plays a moderating role between social utility, brand value utility and revitalization. The brand has been destroyed.
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