Abstract
Prior research on brand extensions has shown that consumers’ attitude toward the extension brand depends on the similarity of its concept with that of the original brand(Park, Jaworski, and MacInnis, 1986). However, particularly among consumers with diverse needs, successful brand extension products’ concepts do not always match the parent brand’s concept(Bhat, and Reddy, 1998; McEnally, and De Chernatony, 1999). This paper takes up this lacuna and proves that despite concept inconsistency between parent brand and extension product, the extension brand can succeed in markets if the parent brand’s image and consumer self-image are congruent with one another. Observed findings showed a pronounced three-way interaction effect of the parent brand concept, the extension product concept, and congruity between parent brand image and self-image on consumers’ attitude toward the extension brand.
Talk to us
Join us for a 30 min session where you can share your feedback and ask us any queries you have
Disclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.