The Effects of Customer-Based Brand Equity(CBBE) for Stock Farm Products Brand on Brand Trust, Customer Satisfaction and Repurchase Intentions - Focus on Hoengsung Hanwoo Brand -

축산물 브랜드에 대한 고객기반브랜드자산이 브랜드 신뢰, 고객만족도 및 재구매의도에 미치는 영향 - 횡성한우를 중심으로 -

  • Kwon, Young-Guk (Dept. of Culinary and Food Service Management, Kyung Hee University) ;
  • Kim, Young-Joong (Dept. of Hotel and Tourism Management, Dongguk University)
  • 권영국 (경희대학교 조리.서비스경영학과) ;
  • 김영중 (동국대학교 호텔관광경영학부)
  • Received : 2016.03.07
  • Accepted : 2016.04.03
  • Published : 2016.04.30

Abstract

The purpose of this study is to understand the influence of customer-based brand equity(CBBE) on brand trust, customer satisfaction, and repurchase intention in the stock farm products brand, Hoengsung hanwoo. Based on a total of 301 samples obtained from empirical research, this study reviewed the reliability and fitness of the research model and verified a total of 5 hypotheses using the AMOS program. The hypothesized relationships in the model were tested simultaneously by using a structural equation model(SEM). The proposed model provided an adequate fit of the data, ${\chi}^2=635.175$(p<0.001), df=233, CMIN/DF=2.726, GFI=0.863, NFI=0.859, CFI=0.903, TLI=0.885, RMSEA=0.068. The model's fit, as indicated by these indexes, was deemed satisfactory, thus providing a good basis for testing the hypothesized paths. The SEM showed that the sublevels of CBBE of stock farm product brand such as perceived product quality(${\beta}=.562$) and brand image(${\beta}=.377$) had a positive significant influence on brand trust. In addition, brand trust had a positive significant influence on customer satisfaction(${\beta}=.525$) and repurchase intention(${\beta}=.669$). This study confirms that a firm brand management works as a significant factor in forming brand trust, and, as a result, has a positive impact on its consumer's satisfaction and repurchase intention. Through the studys' results, it is study proposed that there is a needs for establishing effective marketing strategies to improve of regional economies.

본 연구에서는 횡성한우를 중심으로 축산물 브랜드의 고객기반브랜드자산이 브랜드 신뢰와 고객만족도 및 재구매의도에 미치는 인과관계를 고찰하였다. 실증연구를 위해 확보된 301개의 표본을 바탕으로 연구모형의 신뢰성, 적합성 등을 검토하였고, 구조방정식 모형을 사용하여 총 5개의 가설을 검증하였으며, 모형의 적합도는 ${\chi}^2=635.175$(p<0.001), df=233, CMIN/DF=2.726, GFI=0.863, NFI=0.859, CFI=0.903, TLI=0.885, RMSEA=0.068로 조사되었다. 연구결과, 고객기반브랜드자산의 하위 차원인 지각된 품질(${\beta}=.562$), 브랜드 이미지(${\beta}=.377$)는 브랜드 신뢰에 유의한 영향을 주는 것으로 조사되었으며, 이러한 브랜드 신뢰는 고객만족도(${\beta}=.525$)와 재구매의도(${\beta}=.669$)에 유의한 영향을 주는 것으로 나타났다. 따라서 본 결과를 통해 확고한 브랜드관리는 브랜드 신뢰를 형성하게 되어 결과적으로 고객만족도와 재구매 의도에 긍정적인 영향을 미치는 것을 확인할 수 있었다. 아울러 지역브랜드 한우를 지속적으로 구매하기 위한 효과적인 마케팅 관리의 전략 수립과 함께 지역경제의 활성화를 위한 시사점을 제시하였다.

Keywords

References

  1. 연합뉴스 (2015). "횡성한우축제 궂은 날씨에도 인산인해, 83만 명 찾아". 2015년 10월 11일.
  2. 연합뉴스 (2016). "횡성한우 품질인증 마크로 브랜드 지킨다". 2016년 1월 26일.
  3. Aaker AD (1996). Measuring brand equity across products and market. California Management Res 38(3):102-120. https://doi.org/10.2307/41165845
  4. Aaker AD (1992). The value of brand equity. J Business Strategy 13(4):27-32. https://doi.org/10.1108/eb039503
  5. Anderson EW, Sullivan MW (1993). The antecedents and consequences of customer satisfaction for firms. Marketing Science 12(20):125-143. https://doi.org/10.1287/mksc.12.2.125
  6. Chaudhuri A, Holbrook MB (2001). The chain of effects from brand trust brand affect to brand performance : The role of brand loyalty. J Marketing 65(2):81-93. https://doi.org/10.1509/jmkg.65.2.81.18255
  7. Choi DH (2014). The effects of a brand rogo on brand trust and purchase intention. J Foodservice Management Soc Korea 17(4):125-141.
  8. Choi SG, Choi SW, Khan HS (2011). The effect of rice brand name types including region of origin and recognition on consumer's brand attitudes. J Commodity Science and Technology 29(4):169-178.
  9. Choi SW, Lee BS (2013). The effect of country-of-origin of beef on consumer's quality perception, attitude and purchase intention. The Korean J Culinary Res 17(3):89-103.
  10. Cho SS, Kwon YJ (2012). A study of the effects of consumption experiences on brand trust, consumer satisfaction, repurchase intention: Focused on the starbucks coffee shop. J Tourism & Leisure Res 24(4):357-377.
  11. Cho SW (2013). The relationships between brand trust dimensions and loyalty behavior types:Analyzing moderating effect of perceived difference in brand competences. Korean J Psychology 14(1):47-67.
  12. Cobb-Walgren CJ, Ruble CA, Donthu N (1995). Brand equity, brand preference and purchase intent. J Adverting 34(3):25-44.
  13. Doney PM, Canon JP (1997). An examination of the nature of trust in buyer-seller relationships. J Marketing 61(Apr):35-51. https://doi.org/10.2307/1251829
  14. Farquhar, PH (2000). Brand waves: Building momentum throughout the ownership cycle. Marketing Management 9(2):14-21.
  15. Ganesan S (1994). Determinant of long-term orientation in buyer-seller relationships. J Marketing 58(2):1-29. https://doi.org/10.2307/1252265
  16. Hong JH, Bae SY, Kim MS (2014). The impact of in-flight food service quality on customer's satisfaction and loyalty. J Foodservice Management Soc Korea 17(4):209-227.
  17. Jin YH, Park MY, Ryu JW (2013). The effect of sommelier service quality on customer's emotional response and revisit intention. The Korean J Culinary Res 19(1):70-84.
  18. Keller KL (1993). Conceptualizing, measuring, managing customer-based brand equity. J Marketing 57:1-22.
  19. Keller KL (2003). Strategic Brand Management:Building, Measuring and Managing Brand Equity, 2nd edition, Upper Saddle River, NJ : Prentice-Hall Inc. 75-76.
  20. Keller KL, Lehmann DR (2003). How do brands create value?. Marketing Management 12:26-31.
  21. Kim DJ (2012). Effect of hotel brand equity on perceived value and customer's loyalty. J Foodservice Management Soc Korea 15(4):85-104.
  22. Kim HR (2011). The influence of local festival experience on satisfaction and image of culture tourism oriented traditional marketplace: Focusing on 2011 gumsan world ginseng expo. J Hospitality & Tourism Research 43:69-81.
  23. Kim JG, Choi HY (2014). A study of perceived brand quality on customer satisfaction, brand trust and brand loyalty. Asia-Pacific J Business & Venturing 9(4):163-173.
  24. Kim MM, Lee SB (2013). The effect of customerbased brand equity of regional product brand on brand familiarity, regional image and continuity purchase intention: Focused on Incheon rice brand. J Tourism & Leisure Res 25(7):95-112.
  25. Kim SA, Lee JS, Kwon KD (2013). An exploratory study on relationship between local food's brand equity, origin effect and loyalty in Korea. Korean J Food Marketing Economics 30(3):93-118.
  26. Kim SW, Jang YH (2014). A study on the relationship of brand equity components of agricultural products brand attitude and repurchase intention. Korean Management Science Rev 22(4):223-237.
  27. Kim WG, Bongran JS, Kim HJ (2008). Multidimensional customer-based brand equity and its consequences in mid-priced hotels. J Hospitality & Tourism Research 32(2):235-254. https://doi.org/10.1177/1096348007313265
  28. Kim YJ, Kwon YK, Yoon HH (2012). The effects of consumption value perceived by resort customers on customer satisfaction and behavioral intention : Focusing on moderating effects by gender and marital status. The Korean J Culinary Res 18(3):72-89.
  29. Kim YS, Kim YS (2014). The effect of regional special industry's performance on rooms operation regional hotel industry. J Foodservice Management Soc Korea 17(4):229-246.
  30. Kwon SH, Kim TW, Lee YK (2003). The roles of customer's perceived value, satisfaction, trust and their relationship with loyalty in internet shopping environment. Korean Management Science Rev 20(1):149-164.
  31. Kwon SM, Kim SH (2009). The Effect of Customer Based Brand Equity(CBBE) on festival image and attitude toward the host region: A case of hampyeong butterfly festival. J Tourism Science 33(6):195-214.
  32. Kwon YD (2009). The value of national and local brand equity assets and brand management of rice, apple and beef. J Industrial Economics & Business 22(4):1891-1909.
  33. Kwon YK, Kim YJ, Yoon HH (2012). The influence of consumption value and service quality in resort on the consumer satisfaction. Korean J Hospitality Administration 21(3):69-85.
  34. Lassar W, Mittal B, Sharma A (1995). Measuring customer based brand equity. J Consumer Marketing 12(4):11-19. https://doi.org/10.1108/07363769510095270
  35. Lee BS, Park KH (2014). The effects of local food's brand equity on customer satisfaction and customer loyalty: Focusing on wanju local food. J Foodservice Management Soc Korea 17(4):367-393.
  36. Lee GH, Jung NH (2000). Effect of virtual reality-driven shopping mall and consumer's purchase intention. Korean Management Rev 29(3):377-405.
  37. Morgan RM, Hunt SD (1994). The commitmenttrust theory of relationship marketing. J Marketing 58(3):20-38. https://doi.org/10.2307/1252308
  38. Oh JH, Kim CW (2019). Developing customerbased festival brand equity measurement scale:A comparative evaluation of two festivals using multiple-group factor analysis (MGFA). J Tourism Science 33(6):237-260.
  39. Oh JH, Kim CW, Kim JG (2010). Identifying a model of customer-based festival brand equity and festival service quality as antecedents affecting CBFBE: Focused on the global fair & festival 2009 Incheon Korea. Korean J Tourism Res 25(2):157-178.
  40. Oliver RL (1996). Varieties of value in the consumption satisfaction response. Advances in Consumer Res 23(1):143-147.
  41. Park SH, Kim WB (2009). Measurement of brand equity for agricultural products: Cases of rice, beef and peach in Korea. Korean J Agricultural Economics 50(4):1-29.
  42. Seo KY, Kim DS (2011). The effect of food service companies's cultural marketing on reliability and loyalty. Korean J Tourism Res 25(6):131-154.
  43. Suh CH (2010). Influence of brand awareness, image, commitment in the Munkyung traditional tea bowl festival on the brand loyalty. Tour Res 25(1):167-184.
  44. Tse DK, Wilton PC (1988). Model of consumer satisfaction formation: An extension J Marketing Res 25(2):204-212. https://doi.org/10.2307/3172652
  45. Westbrook RA, Reilly MD (1983). Value-percept disparity: An alternative to the disconfirmation of expectations theory of consumer satisfaction. Advances in Consumer Res 10:256-261.
  46. Yim KH (2008). A study on marketing strategy for the brand name of Korea's meat in the globalization era. International Commerce and Information Rev 10(3):391-406.
  47. Yoo B, Donthu N (2001). Developing and validating a multidimensional consumer-based brand equity scale. J Business Research 52(1):1-14. https://doi.org/10.1016/S0148-2963(99)00098-3
  48. ZaithamL VA (1988). Consumer perception of price, quality and value: A means-end model and synthesis of evidence. J Marketing 52(2):2-22. https://doi.org/10.2307/1251446