Private Label and Brand Equity. Opportunities in New Trends

Author(s):  
Anna Claudia Pellicelli
Keyword(s):  
Author(s):  
S. Shyam Prasad ◽  
Shampa Nandi

In India the private label brands (PLBs) are growing at a faster pace than retail. This supposes that PLBs should have brand equity. Although brand equity is one of the most important aspects of a brand in creating competitive advantage, earlier studies have not paid much attention to measuring and conceptualising the factors influencing the brand equity of private label brands. Many researches have looked into the consumer based brand equity (CBBE) of national brands only and hence this study was taken up to examine the dimensions of consumer based brand equity for private label brands including the impact of store image on brand equity.An empirical study was done considering survey instrument from previous study of Girard et al. (2017). The data was collected during December 2016 – January 2017 and SPSS and AMOS were used for analysing data.This study found that <strong>Brand Awareness, Brand Loyalty, Perceived Image, Perceived Value, Perceived Risk, Store Image and Price</strong> are the seven dimensions that build into the brand equity of the private label brands.


2016 ◽  
Vol 25 (1) ◽  
pp. 39-56 ◽  
Author(s):  
Tulay Girard ◽  
Paul Trapp ◽  
Musa Pinar ◽  
Tanses Gulsoy ◽  
Thomas E. Boyt
Keyword(s):  

Author(s):  
Natalia Rubio ◽  
Nieves Villaseñor ◽  
Maria Jesús Yague

This chapter develops a comprehensive analysis of the self-perception of value that the customer brings to the different retail chains present in the Spanish consumer goods retail sector. The authors incorporate a metric to determine the value that costumers have for the retail chains included in the study, and the brand equity of their store brands. The value supplied by their customers is defined as the perception of their loyal behavior and profitability on a long-term context. The measurement of this concept is based on personal judgments on repurchase intention and recommendation at present (named actual value), as well as their intention to acquire different products and brands sold by the company in the future (named potential value). Also, the chapter develops an analysis of the components that generate the brand equity of private label brands and their contribution to building customer value for the chains.


Author(s):  
Musa Pınar ◽  
Tulay Girard

This chapter examines the CBBE of two different product category PLBs of the same retailer, holding the retailer constant. Specifically, the study presented examines and compares the CBBE and its underlying dimensions and their relationships for Walmart's Great Value (grocery, consumable household goods) and Equate (beauty, health, pharmacy) PLBs. Based on a total of 421 surveys (270 for the Great Value brand and 151 for the Equate brand), the study found that 1) while consumers seem to have accepted PLBs in general, Great Value and Equate have lower levels of acceptance among consumers and 2) the comparison of models for Great Value and Equate brands displayed similarities and a few differences in significant relationships among the CBBE dimensions. The findings of this study provide important insights to the management of the retail stores to identify the areas for improvements and develop strategies based on similarities and differences of the two brands.


2010 ◽  
pp. 121-144
Author(s):  
Guido Cristini
Keyword(s):  

Nel processo di concentrazione tra gruppi distributivi a livello nazionale ed internazionale in corso da diversi anni, uno degli aspetti piů ricorsivi č costituito dalla stra- tegia di unificazione delle insegne. Tale strategia si traduce nell'analisi del valore delle insegne acquisite e, di norma, nell'eliminazione di quelle che operano ad una scala dimensionale inferiore e/o che manifestano una brand equity minore. In tale contesto, non č infrequente rilevare come l'obiettivo perseguito dal gruppo distributivo acquisitore sia quello di disporre di un'unica insegna in grado di generare economie di scala non solo esterne (sul versante della contrattualistica con i fornitori), quanto interne (comunicazione, logistica, marketing, etc.), propedeutiche al raggiungimento di gradi piů elevati di efficienza. In realtÀ, in diverse occasione, la cancellazione di una determinata insegna a favore di un'altra si č tradotta, nel breve termine, in una perdita di valore per il gruppo driver, in particolare sul versante delle vendite di marca commerciale in offerta. Nel quadro appena richiamato, obiettivo del presente articolo risulta quello di verificare se i vantaggi derivanti dall'adozione di una marca privata di Gruppo, pur in presenza della storica insegna di canale, risultino superiori a quelli ottenuti disponendo di una private label consolidata, rispondente in termini di immagine a quella caratterizzante la situazione pre-esistente. In particolare, interessa comprendere, se nel processo di cambiamento in atto non solo se il trade off risulti positivo, ma anche se i tempi e le risorse investite nel processo di conversione siano, nel complesso, da considerarsi accettabili per il distributore driver in relazione ai vantaggi raggiunti ex post.


2017 ◽  
Vol 6 (4) ◽  
pp. 17-29
Author(s):  
Renato Giovannini ◽  
Marcello Sansone ◽  
Bruno Marsigalia ◽  
Annarita Colamatteo

This paper aims at identifying which factors should be considered in the building of an economic evaluation model for the private label brand. In fact, some specific characteristics of private label, with respect to industrial brand, make unusable the consolidated models available. The results of the paper are the definition of some specific factors of private label, the assumptions about how these features impact on the traditional economic evaluation models and how these could be included in a model. Because of the complexity of the topic, the hypothesis is to build a model of synthesis, made of two parts: one part for a Financial-Based evaluation of Brand Equity, with the addition of some specific factors and indicators to the traditional formulas, while the other part is for a Consumer-based evaluation of Brand Equity, thanks to an index that summarizes the strength of private label brands from the consumer perspective. The private label economic evaluation has some relevant managerial implications on the retail system, on the vertical supply chain relationships and on the understanding of the strategic nature of this asset.


Author(s):  
Flavio Gnecchi

Global retailers define strategies coherent with local cultures and traditions, as also develop products centered on internationally diffused products. In this perspective, private labels become fundamental for such strategies as far as they contribute directly to store loyalty consolidation and indirectly, to retailers brand equity reinforcement. Moreover, private label products prove the retailer’s sensibility in front of local customer’s needs and preferences. As a consequence, global and local trade operators turn to local manufacturers, giving them a possibility to strengthen their corporate brand and the company itself by means of strategic alliances.  


Author(s):  
Tamer A. Awad ◽  
Sahar Mohsen

This paper was developed to investigate the different factors affecting the Brand Equity of Private Label Brands and Perceived Value in the Egyptian market. 578 random shoppers in 26 branches all over Egypt completed questionnaire about their perception of different factors affecting Brand Equity. Brand Associations, Perceived Value and Brand Loyalty are considered the most important factors that affect the Brand Equity of Private Label Brands; However, Perceived Quality, Brand Image and Brand Awareness are considered to be the least effective factors. Demographics were found to be insignificant. Marketers should focus on the top three effective factors, which are Brand Associations, Perceived Value and Brand Loyalty in order to increase the Brand Equity of the Private Label Brands. The results will offer direction to marketers and decision makers, especially that Private Label Brands are increasing dramatically.


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