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Impact of Brand Equity on Purchase Intentions Buying Food Products in Lithuania

Author

Listed:
  • Kyguoliene Asta

    (Assoc. prof., PhD., Vytautas Magnus University, K. Donelaicio st. 58, LT-44248, Kaunas, Lithuania.)

  • Zikiene Kristina

    (Assoc. prof., PhD., Vytautas Magnus University, K. Donelaicio st. 58, LT-44248, Kaunas, Lithuania.)

Abstract

Increasing significance of brand equity encourages to analyse brand equity concept, its dimensions, and their impact on purchase intentions. Understanding why customers are willing to purchase certain food brands can help both retailers, and food product’s manufacturers build brands and compete in the market. Thus, the aim of this research is to evaluate the impact of brand equity dimensions on purchase intentions buying food products in Lithuania. Research methods: literature analysis, comparative, systematic analysis, questionnaire survey as a quantitative method, data analysis, regression analysis was used to achieve the aim. Results indicate that brand awareness doesn’t have significant impact on purchase intentions buying food products in Lithuania. Brand image, perceived quality and brand trust are deeply associated with purchase intentions buying food products in Lithuania and influence purchase intentions in a given order by their impact.

Suggested Citation

  • Kyguoliene Asta & Zikiene Kristina, 2021. "Impact of Brand Equity on Purchase Intentions Buying Food Products in Lithuania," Management Theory and Studies for Rural Business and Infrastructure Development, Sciendo, vol. 43(3), pages 373-382, September.
    • Handle: RePEc:vrs:mtrbid:v:43:y:2021:i:3:p:373-382:n:8
    DOI: 10.15544/mts.2021.34
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    More about this item

    Keywords

    brand awareness; brand equity; brand equity dimensions; brand image; brand trust; perceived quality; purchase intentions;
    All these keywords.

    JEL classification:

    • M31 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Marketing and Advertising - - - Marketing
    • M11 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Business Administration - - - Production Management
    • Q02 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - General - - - Commodity Market
    • L66 - Industrial Organization - - Industry Studies: Manufacturing - - - Food; Beverages; Cosmetics; Tobacco

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