IDEAS home Printed from https://ideas.repec.org/a/bal/3seasj/2661-51502021214.html
   My bibliography  Save this article

Peculiarities Of The Consumer Perception Of Ukrainian And Foreign Brands

Author

Listed:
  • Olena Vartanova

    (Cherkasy State Technological University, Ukraine)

  • Inna Korol

    (Cherkasy State Technological University, Ukraine)

Abstract

Ensuring sustainable competitive advantages is the main goal of the company in a chaotic and unpredictable change in the business environment. Sustainable and long-term competitive advantages are formed mainly on the basis of the new combinations or new ways of using intangible assets: they give impetus to the company's development and innovation in a rapidly transforming environment. One of such unique assets of the enterprise becomes a brand. The brand is the bearer of the value of the product in the consumer perception, and is often more attractive to the consumer than the actual consumer value of the product. Consumer perception of the brand is determined by a large number of factors, including personal and psychological factors that reflect the patterns of human consumer behavior and order its coexistence habits. The study of these aspects of consumer behavior is an extremely important task of marketing. The subject of the research is theoretical-methodical and practical aspects of peculiarities and factors of consumer perception of Ukrainian and foreign brands. The purpose of the article is to form a theoretical and methodological basis for determining and comparing the characteristics of the perception of domestic and foreign brands by Ukrainian consumers with different socio-demographic characteristics. In line with this goal, the research methodology is based on the use of expert survey methods to determine the characteristics of consumer perception of brands using Google Forms. The sample size is 169 people. Respondents were asked to rate 14 foreign and 11 Ukrainian most popular clothing brands according to selected parameters. To confirm the hypotheses formed in the study, the calculation of the Fisher's angular transformation criterion φ was used. According to the results of the study of features and factors of consumer perception of Ukrainian and foreign brands by Ukrainian consumers, the hypotheses about the greater commitment of Ukrainian consumers to foreign brands was confirmed (consumer perception of the ZARA brand exceeds the perception of the H&M brand, consumer confidence in foreign brands exceeds the trust in Ukrainian brands). Fisher's angular transformation criterion is used to confirm the hypotheses.

Suggested Citation

  • Olena Vartanova & Inna Korol, 2021. "Peculiarities Of The Consumer Perception Of Ukrainian And Foreign Brands," Three Seas Economic Journal, Publishing house "Baltija Publishing", vol. 2(1).
  • Handle: RePEc:bal:3seasj:2661-5150:2021:2:1:4
    DOI: 10.30525/2661-5150/2021-1-4
    as

    Download full text from publisher

    File URL: http://www.baltijapublishing.lv/index.php/threeseas/article/view/1142/1182
    Download Restriction: no

    File URL: http://www.baltijapublishing.lv/index.php/threeseas/article/view/1142
    Download Restriction: no

    File URL: https://libkey.io/10.30525/2661-5150/2021-1-4?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    More about this item

    Keywords

    brand; confidence; consumer perception; consumer behavior; brand quality; Fisher's angular transformation criterion; brand perception; consumers; trust to brand;
    All these keywords.

    JEL classification:

    • D11 - Microeconomics - - Household Behavior - - - Consumer Economics: Theory
    • D19 - Microeconomics - - Household Behavior - - - Other

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:bal:3seasj:2661-5150:2021:2:1:4. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Anita Jankovska (email available below). General contact details of provider: .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.