Exploring the role of spiritual leaders as celebrity business founders and brand endorsers

Purpose: This paper aims to explore the role of spiritual leaders as celebrity business founders and brand endorsers by investigating the mediating role of perceived value in the impact of normative community pressure and perceived brand credibility on purchase intention. Design/methodology/appr...

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Main Authors: Sharma, Piyush, Sardana, Deepak, Gupta, Narain, Arli, Denni
Format: Journal Article
Published: Emerald 2021
Subjects:
Online Access:http://hdl.handle.net/20.500.11937/86307
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author Sharma, Piyush
Sardana, Deepak
Gupta, Narain
Arli, Denni
author_facet Sharma, Piyush
Sardana, Deepak
Gupta, Narain
Arli, Denni
author_sort Sharma, Piyush
building Curtin Institutional Repository
collection Online Access
description Purpose: This paper aims to explore the role of spiritual leaders as celebrity business founders and brand endorsers by investigating the mediating role of perceived value in the impact of normative community pressure and perceived brand credibility on purchase intention. Design/methodology/approach: The authors collected data from two studies in India, one with urban (N = 307) and another with rural (N = 206) consumers of fast moving consumer goods brands being endorsed by popular celebrity business founders. The authors tested all our hypotheses using partial least squares structural equation modeling (PLS-SEM) approach with SmartPLS software. Findings: Perceived value mediates the positive impact of normative community pressure and perceived brand credibility on purchase intention for the brands endorsed by celebrity business founders, and these mediating effects are stronger for urban (vs rural) consumers. Research limitations/implications: The results from Indian consumers may not be generalizable to other emerging markets with diverse cultural and socio-economic conditions. Practical implications: This research would help international marketers understand the unique branding and marketing strategies used by local players to learn how to successfully target both urban and rural consumers in the emerging markets. Originality/value: This paper extends the celebrity endorsement literature by exploring the role of spiritual leaders as celebrity business founders and brand endorsers, a growing trend in the emerging markets with high cultural and religious diversity (e.g. India and Indonesia).
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spelling curtin-20.500.11937-863072021-12-09T01:09:00Z Exploring the role of spiritual leaders as celebrity business founders and brand endorsers Sharma, Piyush Sardana, Deepak Gupta, Narain Arli, Denni 1505 - Marketing Purpose: This paper aims to explore the role of spiritual leaders as celebrity business founders and brand endorsers by investigating the mediating role of perceived value in the impact of normative community pressure and perceived brand credibility on purchase intention. Design/methodology/approach: The authors collected data from two studies in India, one with urban (N = 307) and another with rural (N = 206) consumers of fast moving consumer goods brands being endorsed by popular celebrity business founders. The authors tested all our hypotheses using partial least squares structural equation modeling (PLS-SEM) approach with SmartPLS software. Findings: Perceived value mediates the positive impact of normative community pressure and perceived brand credibility on purchase intention for the brands endorsed by celebrity business founders, and these mediating effects are stronger for urban (vs rural) consumers. Research limitations/implications: The results from Indian consumers may not be generalizable to other emerging markets with diverse cultural and socio-economic conditions. Practical implications: This research would help international marketers understand the unique branding and marketing strategies used by local players to learn how to successfully target both urban and rural consumers in the emerging markets. Originality/value: This paper extends the celebrity endorsement literature by exploring the role of spiritual leaders as celebrity business founders and brand endorsers, a growing trend in the emerging markets with high cultural and religious diversity (e.g. India and Indonesia). 2021 Journal Article http://hdl.handle.net/20.500.11937/86307 10.1108/MIP-07-2021-0225 Emerald fulltext
spellingShingle 1505 - Marketing
Sharma, Piyush
Sardana, Deepak
Gupta, Narain
Arli, Denni
Exploring the role of spiritual leaders as celebrity business founders and brand endorsers
title Exploring the role of spiritual leaders as celebrity business founders and brand endorsers
title_full Exploring the role of spiritual leaders as celebrity business founders and brand endorsers
title_fullStr Exploring the role of spiritual leaders as celebrity business founders and brand endorsers
title_full_unstemmed Exploring the role of spiritual leaders as celebrity business founders and brand endorsers
title_short Exploring the role of spiritual leaders as celebrity business founders and brand endorsers
title_sort exploring the role of spiritual leaders as celebrity business founders and brand endorsers
topic 1505 - Marketing
url http://hdl.handle.net/20.500.11937/86307