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Dep 1
Dep 1
This study showed the relationship between brand equity, brand loyalty
and customer satisfaction. in this research they showed that there is a
huge impact of brand equity on both customer satisfaction and loyalty.
Brand equity of a company is nothing but the commercial value that is
derived from customers perceived image of that brand. So with higher
brand equity the brand image will be improved and will drive more
towards brand loyalty and customer satisfaction. in our research as well
brand equity will play an important role as in cases of phones also the
customer satisfaction and loyalty is important in order to retain the
customers. The learning from this paper was that Brand equity can also
affect the brand loyalty, given that the competition is very high in the
mobile phone industry this criterion can play a major role.
In this research paper they have discussed that the demand for
electronic goods have increased over period due to greater disposable
income and changing lifestyle. The demand for these goods is not only
including in the urban areas but also in rural areas. They have considered
advertising as key factor in order to influence the consumer buying
patterns. The study focused on why particular electronic product is sold
from retail mall and what factors influence more consumer preference
in purchasing a product from organised retail mall. It focused on the
current scenario of retail in India and the future potential. The study
found that the factors like specific cost benefit, technological factors,
promotional factors, social- culture, trust factors, satisfaction for retail
mall which influence the consumer preference. Demographical factors
are also important factors like age, occupation, education, income and
family structure. From the study we were able to learn about more
factors like demographic which can influence consumer preferences, and
how the purchase pattern is if they are buying from retail malls.
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