Brand equity and competitive advantage in alcoholic beverage products

In the face of growing competition in modern business environment as a result of globalisation and development in information and communication technology, firms are required to gain and sustain competitive advantage. This study therefore investigated the effect of brand awareness, brand assoc...

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Main Authors: Emenike O., Kalu, Moses, Agaba
Format: Article
Language:en_US
Published: Inderscience Enterprises Ltd 2022
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Online Access:http://hdl.handle.net/20.500.12493/713
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author Emenike O., Kalu
Moses, Agaba
author_facet Emenike O., Kalu
Moses, Agaba
author_sort Emenike O., Kalu
collection KAB-DR
description In the face of growing competition in modern business environment as a result of globalisation and development in information and communication technology, firms are required to gain and sustain competitive advantage. This study therefore investigated the effect of brand awareness, brand association, brand loyalty, perceived quality, and other proprietary brand assets on competitive advantage in alcoholic beverage products and producers in Kabale District Uganda. The study employed descriptive and multiple regression analyses. The estimates from the multiple regression model indicated that brand equity has significant effect on competitive advantage among alcoholic beverages products and producers. This is evident in the statistical significance of the brand awareness, brand loyalty, and perceived quality variables at the 5% significant. We conclude therefore that brand equity has positive and significant predictive effect on competitive advantage. Hence, firms could enhance competitive advantage by paying attention to brand equity variables.
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publisher Inderscience Enterprises Ltd
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spelling oai:idr.kab.ac.ug:20.500.12493-7132024-01-17T04:44:57Z Brand equity and competitive advantage in alcoholic beverage products Emenike O., Kalu Moses, Agaba brand equity; competitive advantage; alcoholic beverages; Uganda In the face of growing competition in modern business environment as a result of globalisation and development in information and communication technology, firms are required to gain and sustain competitive advantage. This study therefore investigated the effect of brand awareness, brand association, brand loyalty, perceived quality, and other proprietary brand assets on competitive advantage in alcoholic beverage products and producers in Kabale District Uganda. The study employed descriptive and multiple regression analyses. The estimates from the multiple regression model indicated that brand equity has significant effect on competitive advantage among alcoholic beverages products and producers. This is evident in the statistical significance of the brand awareness, brand loyalty, and perceived quality variables at the 5% significant. We conclude therefore that brand equity has positive and significant predictive effect on competitive advantage. Hence, firms could enhance competitive advantage by paying attention to brand equity variables. Kabale University 2022-10-17T09:02:04Z 2022-10-17T09:02:04Z 2019 Article Agaba, M.. and Kalu, E.O. (2019) ‘Brand equity and competitive advantage in alcoholic beverage products’, Int. J. Management and Network Economics, Vol. 4, No. 3, pp.246–262. http://hdl.handle.net/20.500.12493/713 en_US application/pdf Inderscience Enterprises Ltd
spellingShingle brand equity; competitive advantage; alcoholic beverages; Uganda
Emenike O., Kalu
Moses, Agaba
Brand equity and competitive advantage in alcoholic beverage products
title Brand equity and competitive advantage in alcoholic beverage products
title_full Brand equity and competitive advantage in alcoholic beverage products
title_fullStr Brand equity and competitive advantage in alcoholic beverage products
title_full_unstemmed Brand equity and competitive advantage in alcoholic beverage products
title_short Brand equity and competitive advantage in alcoholic beverage products
title_sort brand equity and competitive advantage in alcoholic beverage products
topic brand equity; competitive advantage; alcoholic beverages; Uganda
url http://hdl.handle.net/20.500.12493/713
work_keys_str_mv AT emenikeokalu brandequityandcompetitiveadvantageinalcoholicbeverageproducts
AT mosesagaba brandequityandcompetitiveadvantageinalcoholicbeverageproducts