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A Model for Assessing the Influence of Lifestyle on Brand Equity

Author

Listed:
  • Pagalea Andreea

    (Academy of Economic Studies, Bucharest)

  • Munteanu Catalin

    (Academy of Economic Studies, Bucharest)

Abstract

A strong and successful brand has become the goal of many organizations, especially in the current socioeconomic context. The conceptual framework developed to achieve this goal sums up several viewpoints on content and measurement of brand equity. Depending on the perspective on brand equity, there are several relevant approaches: customer-based, financial or owner-based brand equity. The approach used in this article is the one proposed by Keller. Benefits associated with a strong brand equity are vast, especially as brand equity has grown to be one of the most important assets of a company. Thus determining factors that have a significant influence on each dimension of brand equity proves to be essential for the success of demarche to build brand equity. A strong determinant but still insufficiently or only partly taken into account is consumer lifestyle. The aim of this paper is to develop a model that provides an integrated conceptualization of lifestyle in building brand equity. .

Suggested Citation

  • Pagalea Andreea & Munteanu Catalin, 2012. "A Model for Assessing the Influence of Lifestyle on Brand Equity," Ovidius University Annals, Economic Sciences Series, Ovidius University of Constantza, Faculty of Economic Sciences, vol. 0(3), pages 1-51, Decembre.
  • Handle: RePEc:ovi:oviste:v:xii:y:2012:i:3:p:51
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    More about this item

    Keywords

    brand equity; customer-based brand equity; lifestyle;
    All these keywords.

    JEL classification:

    • M31 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Marketing and Advertising - - - Marketing

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