Consumer-based brand equity and status-seeking motivation for a global versus local brand

Purpose: The purpose of this research is to explore how a successful global and a local brand may compete side by side in an existing market place based on consumer‐based brand equity and consumers' status‐seeking motivation for purchasing a global versus local brand. Design/methodology/approac...

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Main Authors: Roy, Rajat, Chau, Ryan
Format: Journal Article
Published: Emerald Group Publishing Limited 2011
Subjects:
Online Access:http://hdl.handle.net/20.500.11937/62472
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author Roy, Rajat
Chau, Ryan
author_facet Roy, Rajat
Chau, Ryan
author_sort Roy, Rajat
building Curtin Institutional Repository
collection Online Access
description Purpose: The purpose of this research is to explore how a successful global and a local brand may compete side by side in an existing market place based on consumer‐based brand equity and consumers' status‐seeking motivation for purchasing a global versus local brand. Design/methodology/approach: The data for this research were collected through a self‐administered survey from students in a large Western Australian university. Findings: The results show that a global brand is generally preferred in terms of all the dimensions of consumer‐based brand equity over a local brand. However, a significant interaction emerged between the type of brand and high versus low status‐seeking motivation consumers. A global brand is strongly favoured in terms of awareness, perceived quality and overall brand equity by high status seekers while a local brand seems to enjoy loyalty and overall brand equity among low status seekers. A global brand is also clearly preferred over a local brand along all dimensions of consumer‐based brand equity amongst high status‐seeking consumers. Further, a local brand is clearly preferred in terms of consumer‐based brand equity over the global brand by Australians whereas the global brand remains a clear favourite with non‐Australians. Research limitations/implications: Findings may not generalize beyond Australian sample and the product category. Originality/value: This empirical research explores how global and local brands may compete with each other based on their strengths. This research also addresses a theoretical gap identified by Yoo and Donthu.
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spelling curtin-20.500.11937-624722018-04-17T05:37:59Z Consumer-based brand equity and status-seeking motivation for a global versus local brand Roy, Rajat Chau, Ryan global and local brands Status seeking motivation Consumer based brand equity Purpose: The purpose of this research is to explore how a successful global and a local brand may compete side by side in an existing market place based on consumer‐based brand equity and consumers' status‐seeking motivation for purchasing a global versus local brand. Design/methodology/approach: The data for this research were collected through a self‐administered survey from students in a large Western Australian university. Findings: The results show that a global brand is generally preferred in terms of all the dimensions of consumer‐based brand equity over a local brand. However, a significant interaction emerged between the type of brand and high versus low status‐seeking motivation consumers. A global brand is strongly favoured in terms of awareness, perceived quality and overall brand equity by high status seekers while a local brand seems to enjoy loyalty and overall brand equity among low status seekers. A global brand is also clearly preferred over a local brand along all dimensions of consumer‐based brand equity amongst high status‐seeking consumers. Further, a local brand is clearly preferred in terms of consumer‐based brand equity over the global brand by Australians whereas the global brand remains a clear favourite with non‐Australians. Research limitations/implications: Findings may not generalize beyond Australian sample and the product category. Originality/value: This empirical research explores how global and local brands may compete with each other based on their strengths. This research also addresses a theoretical gap identified by Yoo and Donthu. 2011 Journal Article http://hdl.handle.net/20.500.11937/62472 10.1108/13555851111143213 Emerald Group Publishing Limited fulltext
spellingShingle global and local brands
Status seeking motivation
Consumer based brand equity
Roy, Rajat
Chau, Ryan
Consumer-based brand equity and status-seeking motivation for a global versus local brand
title Consumer-based brand equity and status-seeking motivation for a global versus local brand
title_full Consumer-based brand equity and status-seeking motivation for a global versus local brand
title_fullStr Consumer-based brand equity and status-seeking motivation for a global versus local brand
title_full_unstemmed Consumer-based brand equity and status-seeking motivation for a global versus local brand
title_short Consumer-based brand equity and status-seeking motivation for a global versus local brand
title_sort consumer-based brand equity and status-seeking motivation for a global versus local brand
topic global and local brands
Status seeking motivation
Consumer based brand equity
url http://hdl.handle.net/20.500.11937/62472