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Title: BRAND EQUITY AND CUSTOMER PATRONAGE OF ELECTRONIC PRODUCTS IN
RIVERS STATE |
Authors: Dr. Ikeche Obinna P and Ambille, Beauty Eric |
Abstract: This determined the relationship between brand equity and customer patronage of electronic products
in Rivers State. The study has three objectives, research questions and null hypotheses. The data were
collected through well-structured questionnaire. The questionnaire was administered to 2-selected
major electronic companies in Rivers State. Descriptive statistics using frequency and percentage were
adopted for research question analysis while linear regression statistical tool was used to test the
hypotheses at 5% significance level. The findings showed that there was significant relationship
between perceived quality and customer loyalty of electronic products in Rivers State and its environs;
also that perceived value have significant relationship with customer referral of electronic products in
Rivers State. Again, it revealed that perceived price is the major instrument for customer satisfaction
of electronic products’ purchase in Rivers State. In conclusion, brand equity has a role dominantly to
explain consumer satisfaction compared with service quality. Product/service quality that is thought
well still occurred because of a good service quality giving through consumer satisfaction and referral.
Brand equity is a strong mechanism for customer patronage. It is recommended that electronics
product marketers should create awareness on the perceived quality of the brand so that the customer
may be fully acquainted with the quality, also create a strong customer-relationship-marketing through
home services. Hence, create a room for special appreciation to loyal customers for customer referral
through discounts (cash or trade) and finally, create a complete image of the brand in the mind of
audience and reinforce the brand image crated through social-media. |
Keywords: Brand Equity, Customer Patronage, Electronic Products, Rivers State |
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