Open Access
Subscription Access
Open Access
Subscription Access
Reciprocal Effects of Brand Extension on Brand Equity:A Literature Review
Subscribe/Renew Journal
Branding is an important area of research in marketing. With increasing use of brand extension as a strategy it is important to understand whether it has an impact on parent brand equity or not. The paper is a review paper which examines the changes of the scholarly research in brand extension and brand equity. It has incorporated the changes in the background of branding. It emphasizes the affects of brand extension on brand equity. The bibliography is taken from the database of Emerald and Science Direct. The paper is based on the research done during the time span of 20 years and has reviewed articles published in the time span of 1995 to 2015. The originality of the paper depends on the findings and conclusion reported by various researchers in India and abroad.
Keywords
Brand Equity, Brand Extension, Branding, Literature Review.
Subscription
Login to verify subscription
User
Font Size
Information
- Aaker, D. A. (1991). Managing brand equity. Free Press, NY.
- Aaker, D. A., & Keller, K. L. (1990). Consumer evaluations of brand extensions. Journal of Marketing, 54(1), 27-41.
- Ailawadi, K. L., Lehmann, D. R., & Neslin, S. A. (2003). Revenue premium as an outcome measure of Brand Equity. Journal of Marketing, 67(4), 1-17.
- Ambler, T. (1997). How much of brand equity is explained by trust? Management Decision, 35/4, 283-292.
- Anderson, J. (2011). Measuring the financial value of brand equity, Journal of Business Administration Online, 10(1), 1-11.
- Anwar, A., Gulzar, A., Sohail, F. B., & Akram, S. N. (2011). Impact of brand image, trust and affect on consumer brand extension attitude: the mediating role of brand loyalty. International Journal of Economics and Management Sciences, 1(5), 73-79.
- Barrett, J., Lye, A., & Venkateswarlu, P. (1999). Consumer perceptions of brand extensions: Generalising Aaker & Keller’s Model. Journal of Empirical Generalisations in Marketing Science, 4, 1-21.
- Bong Na, W., Marshall, R., & Keller, K. (1999). Measuring brand power: Validating a model for optimizing brand equity. Journal of Product & Brand Management, 8(3), 170-184.
- Buil, I., Chernatony, L. D., & Hem, L. E. (2009). Brand extension strategies: perceived fit, brand type, and culture influences. European Journal of Marketing, 43(11/12), 1300-1324.
- Chaudhuri, A. (1995). Brand equity or double jeopardy? Journal of product & Brand Management, 4(1), 26-32.
- Chen, A. C. H. (2001). Using free association to examine relationship between the characteristics of brand associations and brand equity. Journal of Product & Brand Management, 10(7), 439-451.
- Chen, A. C. H., & Chen, S. K. (2000). Brand dilution effect of extension failure a Taiwan study Journal of product & brand management, 9(4), 243-254.
- Chen, K. F., & Liu, C. M. (2004). Positive brand extension trial and choice of parent brand. Journal of product & Brand Management, 13(1), 25-36.
- Choi, J. P. (1997). Brand Extension as Informational Leverage, Discussion Paper Series No. 9697-26.
- Chun, H., Park, C. W., Eisingerich, A. B., & MacInnis, D. J. (2015). Strategic benefits of low fit brand extensions: When and why? Journal of Consumer Psychology. Retrieved from http://dx.doi.org/10.1016/j.jcps.2014.12.003
- Chung, H., & Soyoung, K. (2014). Effects of brand trust, perceived fit and consumer innovativeness on fashion brand extension evaluation. Atlantic Marketing Journal, 3(1), 1-24.
- Dall’Olmo Riley, F., Lomax, W., & Blunden, A. (2004). Dove vs. Dior: Extending the Brand Extension Decision-Making Process from Mass to Luxury. Australasian Marketing Journal, 12(3).
- Delvecchio, D., & Smith, D. C. (2005). Brand extension price premiums: The effects of perceived fit and extension product category risk. Journal of the Academy of Marketing Science, 33(2), 184-196.
- Dodd, C. C., & Louviere, J. J. (1999). Brand equity and retailer acceptance of brand extensions, Journal of Retailing and Consumer Services, 6, 1-16.
- Dwivedi, A., Merrilees, B., & Sweeney, A. (2010). Brand extension feedback effects: A holistic framework. Journal of Brand Management, 17, 328-342
- Dwivedi, A., & Merrilees, B. (2013). Brand-extension feedback effects: An Asian Branding perspective. Asia Pacific Journal of Marketing and Logistics, 25(2).
- Hakkyun, K., & Roedder, J. D. (2008). Consumer response to brand extensions: Construal level as a moderator of the importance of perceived fit. Journal of Consumer Psychology, 18, 116-126.
- Hariri, M., & Vazifehdust, H. (2011). How does brand extension affect brand image? International Conference on Business and Economics Research, 1. IACSIT Press, Kuala Lumpur, Malaysia.
- Hem, L., Chernatony L. D., & Iversen N. M.(2003). Factors influencing successful brand extensions. Journal of Marketing Management, 19(7-8), 781-806.
- Hem, L. E., Iversen, N. M., & Olsen, L. E. (2014). Category characteristics effects on brand extension attitudes: A research note. Journal of Business Research, 67, 1589-1594.
- Kaur, H., & Pandit, A. (2014). Consumer evaluation of brand extension: Empirical generalization and comparative analysis. Journal of Empirical Generalizations in Marketing Science, 15(1).
- Keller, K. (1993). Conceptualizing, measuring and managing customer based brand equity. Journal of Marketing, 57(1), 1-22.
- Kim, C. K., & Lavack, A. M. (1996). Vertical brand extensions: Current research and managerial implications. Journal of product & brand management, 5(6), 24-37.
- Klink, R. R., & Athaide, G. A. (2009). Consumer Innovativeness and the use of new versus extended brand names for new products. Journal of Product Innovation & Management, 27, 23-32.
- Martinez, E., & Chernatony, L. D. (2004). The effect of Brand extension strategies on Brand Image. Journal of consumer Marketing, 21(1), 39-50.
- Martinez, E., & Pina, J. M. (2010). Consumer responses to brand extensions: a comprehensive model. European Journal of Marketing, 44(7/8), 1182 - 1205
- Matarid, M. N., Youssef, M. A., M., & Alsoud, A. G. (2014). The impact of brand extension strategy on the brand equity of fast moving consumer goods (FMCG) in Egypt. European Journal of Business and Management, 6(21).
- Michel, G., & Donthu, N. (2014). Why negative brand extension evaluations do not always negatively affect the brand: The role of central and peripheral brand associations. Journal of Business Research, 2611-2619.
- Motameni, R., & Shahrokhi, M. (1998). Brand equity valuation: A global perspective. Journal of Product & Brand Management, 7(4), 275-290.
- Munthree, S., Bick, G., & Abratt, R. (2006). A framework for brand revitalization through an upscale line extension. Journal of Product & Brand Management, 15/3 157-167.
- Nijssen, E. J., & Agustin, C. (2005). Brand extensions: A manager’s perspective. Journal of Brand Management, 13(1), 33-49.
- Park, C. (1991). Evaluation of brand extensions: The role of product feature similarity and brand concept consistency. Journal of Consumer Research, 18(2).
- Park, C. (2010). Brand attachment and brand attitude strength: Conceptual and empirical differentiation of two critical brand equity drivers. Journal of Marketing, 74, 1-17.
- Pitta, D. A., & Katsanis, L. P. (1995). Understanding brand equity for successful brand extension. Journal of Consumer Marketing, 12(4), 51-64.
- Rajasekar, D. (2014). Study on factors influencing consumer preferences towards brand extension and their impact on parents brands. International Journal of Applied Engineering Research, 9(4), 2539-2548.
- Saha, I. (2014). Brand Extension in the FMCG Segment – An Empirical Study on Perception of Brand Extension by Consumers of Kolkata. IOSR Journal of Business and Management, 16(4), 28-35.
- Sarwat, A. (2013). Factors influencing successful brand extension into related and unrelated product categories. Asian Economic and Financial Review, 3(2), 216-226.
- Sinapuelas, I. C., & Sisodiya, S. R. (2010). Do line extensions influence parent brand equity? An investigation of supermarket packaged goods. Journal of Product & Brand Management, 19(1), 18-26.
- Sunde, L., & Brodie, R. (1993). Consumer evaluations of brand extensions: Further empirical results. International Journal of Research in Marketing, 10(1), 47-53.
- Soomro, Y. A., Kaimkhani, S. A., Hameed, I., & Shakoor, R. (2013). Consumer evaluation of brand extension: Pakistani context. African Journal of Business Management, 7(35), 3643-3655.
- Taleghani, M., & Almasi, M. (2011). Evaluate the factors affecting brand equity from the perspective of customers using Aaker’s model. Arabian Journal of Business & Management Review, 1(4).
- Tauber, E. M. (1988). Brand leverage: Strategy for growth in a cost control world. Journal of Advertising Research, 26-30.
- Thanwarani, A., Virani, A., & Thanwarani, M. ( 2014). Customers evaluation of Brand Extension: An empirical study of skin care products. International conference on Marketing.
- Tim, A., & Styles, C. (1996). Brand development versus new product development: towards a process model of extension decisions. Marketing Intelligence & Planning, 14/7, 10-19.
- Vukasovi, T. (2012). Launching of a new product with the brand extension strategy. Management knowledge and learning International Conference.
- Wang et al (2007). Comparing structural equation models with discrete choice experiments for modelling brand equity and predicting brand choices. Australasian Marketing Journal, 15(2).
- Wood, L. (2000). Brands and brand equity: Definition and management. Management Decision, 38/9, 662-669.
- Zimmer, M. R., & Bhat, S. (2004). The reciprocal effects of extension quality and fit on parent brand attitude. Journal of product and Brand Management, 13(1), 37-46.
Abstract Views: 470
PDF Views: 0