How Cultural Involvement in Different Brand Types Influences Willingness to Pay Premium: The Mediating Role of Brand Happiness

被引:1
|
作者
Zhou, Zhimin [1 ]
He, Yuan [1 ,2 ]
Xie, Yufeng [3 ]
Mehmood, Shafaqat [1 ]
机构
[1] Shenzhen Univ, Coll Management, Shenzhen 518060, Peoples R China
[2] Shenzhen Univ, China Ctr Special Econ Zone Res, Shenzhen 518060, Peoples R China
[3] Sun Yat Sen Univ, Sch Business, Guangzhou 510275, Peoples R China
基金
中国国家自然科学基金;
关键词
brand culture; rand enriching benefits; willingness to pay a premium; brand type; brand happiness; CONSUMERS PERCEPTION; CONCEPTUAL-FRAMEWORK; MODERATING ROLE; AUTHENTICITY; SATISFACTION; CONSUMPTION; LOYALTY; ANTECEDENTS; CUSTOMERS; HERITAGE;
D O I
10.3390/bs14100908
中图分类号
B84 [心理学];
学科分类号
04 ; 0402 ;
摘要
This study examines the impact of cultural involvement on brand enriching benefits and consumers' willingness to pay a premium (WPP). Additionally, it explores the underlying mechanisms behind this impact. A partial least squares structural equation model was used to analyze the data collected from a pretest (N = 70) and an online survey (N = 1053) conducted in China. The moderating effect of brand type was examined using a multi-group analysis. The results indicate that cultural involvement has a significant and positive impact on brand enriching benefits, consequently enhancing consumers' WPP. Additionally, brand happiness mediates the relationship between brand enriching benefits and WPP. Through a multi-group analysis, the impact of brand culture on brand equity is found to be more pronounced in functional brands compared with symbolic brands. Additionally, high perceived quality facilitates the transformation of brand enriching benefits into WPP. Managers value the ability of a brand culture to create brand equity and implement differentiation strategies based on different brand types. It is critical for managers to use a culture and its rich benefits wisely and to consider consumer happiness in the brand experience. Although brand culture and its impact on brands are crucial, previous studies have only focused on qualitative analyses, while empirical research on the direct link between brand culture and equity has been lacking. This study empirically tests a conceptual model that elucidates the relationship between brand cultural involvement, brand enriching benefits, brand happiness, WPP, brand type, and perceived quality. It extends previous research and offers suggestions for academics and brand managers interested in effectively leveraging brand culture for brand building.
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页数:17
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