The Effect of Brand Equity on Export Brand Competitiveness: The Role of Strategic Orientation

Document Type : Original Article

Authors
1 Assistant Professor, Faculty Member, Pardisan Higher Education Institute, Fereydoonkenar, Iran.
2 Master's Degree, Department of Business Management, Sari Branch, Islamic Azad University, Sari, Iran.
10.22034/jmek.2024.153160
Abstract
Brand equity is increasingly regarded as a strategic asset that enables firms to sustain their position in competitive international markets. This study aimed to identify the effect of brand equity on export brand competitiveness, considering the mediating role of strategic orientation. In terms of purpose, the research was applied; in terms of data collection and design, it was descriptive–survey, and since it examined relationships among variables, it was correlational. The statistical population consisted of the customers of export brands. The sample size was determined as 384 respondents using Morgan's table and selected through simple random sampling. Data were collected using a questionnaire developed on the basis of the dimensions, components and indicators of the research constructs. The Kolmogorov–Smirnov (K–S) test was applied to examine distribution normality, and its results confirmed that the data were normally distributed. Accordingly, linear regression was employed to test the hypotheses, alongside the Durbin–Watson test and analysis of variance. The findings showed that brand equity had a significant effect on export brand competitiveness and on strategic orientation. Strategic orientation also exerted a significant effect on export brand competitiveness. Furthermore, the mediation analysis indicated that strategic orientation played a partial mediating role in the relationship between brand equity and export brand competitiveness. Accordingly, managers of export-oriented firms can improve their competitive position in international markets by strengthening brand equity and reinforcing strategic orientations. These results provide a basis for integrating brand-building investments with strategic decision-making in export markets.
Keywords
Subjects

Aaker, D. A., & Jacobson, R. (2001). The value relevance of brand attitude in high-technology markets. Journal of Marketing Research, 38(4), 485–493. https://doi.org/10.1509/jmkr.38.4.485.18899
Ajitab, N., & Momaya, K. (2004). Competitiveness of Indian pharmaceutical industry: Evaluation and selection of key determinants. Global Journal of Flexible Systems Management, 5(2–3), 1–14. https://doi.org/10.1007/BF03396689
Alavijeh, M. R. (2016). The relationship between customer-based brand equity, behavioral brand equity, and brand performance in the market. New Marketing Research Quarterly, 2(1), 182–195. [In Persian]
Amini, T., Nouri, M., et al. (2015). Fundamentals of strategic management. University of Tehran Press. [In Persian]
Azizi, S., Jamali, S., & Rezaei, M. (2012). Examining the relationship between brand equity, personality congruence, and customer equity. Modern Marketing Research, 6(2), 6–61. [In Persian]
Baversad, A., Tavanbakhsh, M., & Aliabadi, M. (2013). Examining the effect of brand equity on the continuity and promotion of customer relationships. Marketing Management Research Quarterly, 8(2), 45–62. [In Persian]
Bovee, C. L., & Arens, W. F. (2012). Contemporary advertising (14th ed.). McGraw-Hill.
Feiz, D., Motameni, A., Kardanayej, A., Zarei, A., & Dehghani Soltani, M. (2017). The effect of brand performance on brand competitiveness: Explaining the role of technological opportunism. Public Management Research, 10(35), 159–182. [In Persian]
Fornari, E., Tinnirello, A. M., & Visconti, G. (2016). The competitive effects of retail brands: A lifecycle perspective. Journal of Retailing and Consumer Services, 32, 145–154. https://doi.org/10.1016/j.jretconser.2016.07.008
Gil, J. M., & Martinez, L. F. (2007). Internal branding: A key role played by employees? Corporate Communications: An International Journal, 12(4), 456–470. https://doi.org/10.1108/13563280710832709
Gupta, S., & Kumar, V. (2020). Impact of brand equity on brand competitiveness: The mediating role of marketing orientation. Journal of Business Research, 112, 345–356. https://doi.org/10.1016/j.jbusres.2020.02.034
Herrero, C., San Martín, H., & García de los Salmones, M. M. (2017). An analysis of the hierarchical brand image of destination brands: A study of Spanish regional destinations. Tourism Management Perspectives, 22, 89–98. https://doi.org/10.1016/j.tmp.2017.02.005
Hersey, P., Blanchard, K. H., & Johnson, D. E. (2007). Management of organizational behavior: Leading human resources (9th ed.). Prentice-Hall of India.
Iglesias, O., Markovic, S., Bagherzadeh, M. R., & Singh, J. J. (2019). Co-creation: A key link between corporate social responsibility, customer trust, and customer loyalty. Journal of Business Ethics, 163(1), 151–166. https://doi.org/10.1007/s10551-019-04127-5
Karimimazidi, A., Zeynvandilorestani, H., & Shirzad, A. (2013). Investigating the effect of brand identity on customer loyalty from a social identity perspective. Iranian Journal of Management Studies, 6(2), 153–178.
Keller, K. L. (1993). Conceptualizing, measuring, and managing customer-based brand equity. Journal of Marketing, 57(1), 1–22. https://doi.org/10.1177/002224299305700101
Keller, K. L. (2007). Building customer-based brand equity: A blueprint for creating strong brands. Marketing Science Institute.
Khazaei, A., et al. (2012). Examining the role of brand image in the formation of customer loyalty. Marketing Management Quarterly, 6(4), 89–112. [In Persian]
Koksal, C. D., & Ozer, D. M. (2011). The impacts of self-brand congruence on brand loyalty: A study on cellular phone users. International Journal of Social Sciences and Humanity Studies, 4(2), 91–110.
Kotler, P., & Armstrong, G. (2003). Principles of marketing (A. Parsaeian, Trans.). Jahan-e No Publishing. [In Persian]
Kotler, P., & Keller, K. L. (2006). Marketing management (12th ed.). Prentice-Hall of India.
Krezmali, A., Zeynvandilorestani, H., & Shirzad, A. (2013). Investigating the effect of brand identity on customer loyalty from a social identity perspective. Iranian Journal of Management Studies, 6(2), 153–178.
Mahmoudi Meymand, M., & Harandi, A. (2013). Explaining the role of organizational citizenship behavior in customer-based brand equity. Marketing Management Journal, 23, 45–68. [In Persian]
Mehrnoush, M., & Tahmasebi Aghbalaghi, D. (2017). The effect of brand equity and social capital on brand image: A case study of the Samand automobile brand. Faculty of Management, University of Tehran, 9(4), 45–68. [In Persian]
Mohammadian, A., Dehesthi Shahrokh, M., & Moghadam Shahri, R. (2012). Prioritizing the factors affecting the brand equity of internet companies. Marketing Management Quarterly, 6(1), 23–45. [In Persian]
Momeni-Doost, T., Kheiri, M., & Saberi Hakami, M. (2020). Examining the effect of brand sensory experience on customers’ affective commitment and brand equity in the Persian Gulf food company. New Research Approaches in Management and Accounting, 27(1), 115–138. [In Persian]
Moradi, B., Jazini, N., Alam Tabriz, A., & Hadizadeh Moghaddam, A. (2015). A core brand model based on brand value propositions for customers and employees in agile Iranian organizations. Business Management Outlook, 24, 13–30. [In Persian]
Najmaei, A., & Sadeghinejad, M. (2011). The role of knowledge management in creating sustainable competitive advantage. Information Technology Management Studies Quarterly, 6(2), 78–95. [In Persian]
Omidi-Kia, K., Meshbaki, A., Khodadad Hosseini, S. M., & Azizi, S. (2012). Identifying organizational capabilities and company brand positioning in the food industry using grounded theory. Strategic Management Thought, 6(1), 35–72. [In Persian]
Pena-Vinces, J., Roldan, J. L., & Leal, A. (2014). The effect of brand equity on brand competitiveness: An empirical study. Journal of Business Research, 67(5), 890–897. https://doi.org/10.1016/j.jbusres.2013.08.012
Rahimnia, V., Fatemi, S. M., & Harandi, A. (2012). Examining the role of perceived quality in the formation of brand equity. Marketing Management Quarterly, 7(3), 115–138. [In Persian]
Richard, N., & Neitemeyer, J. (2010). Brand image and customer loyalty: The mediating role of perceived quality. Journal of Brand Management, 18(3), 215–228. https://doi.org/10.1057/bm.2010.15
San-Martin, H., Herrero, C., & Garcia de los Salmones, M. M. (2018). Exploring the cognitive-affective nature of destination image and the role of psychological factors in its formation. Tourism Management, 65, 263–273. https://doi.org/10.1016/j.tourman.2017.10.015
Santos-Vijande, M. L., Lopez-Sanchez, Y., & Trespalacios, J. A. (2013). How firms evaluate customer value and firm competitiveness. Journal of Business Research, 66(8), 1103–1112. https://doi.org/10.1016/j.jbusres.2012.03.008
Seo, Y., & Park, J. (2018). Effects of social media marketing activities on brand equity and customer response in the airline industry. Journal of Air Transport Management, 71, 123–132. https://doi.org/10.1016/j.jairtraman.2018.04.008
Seifali Zarbei, M. (2012). Examining the role of strategic orientation in strengthening brand equity. Marketing Management Quarterly, 6(3), 67–89. [In Persian]
Shirkhodaei, M., & Masoumi, S. (2013). Examining the effects of market orientation and learning orientation on brand performance: The mediating role of innovation. In Proceedings of the Second International Conference on Management, Entrepreneurship, and Economic Development. Payame Noor University. [In Persian]
Tan, C. L., & Nasurdin, A. M. (2015). Human resource management practices and organizational innovation: Assessing the mediating role of knowledge management effectiveness. Electronic Journal of Knowledge Management, 13(1), 11–25.
Vukasovic, T. (2009). Searching for competitive advantage with the aid of the brand potential index. Journal of Product & Brand Management, 18(3), 165–176. https://doi.org/10.1108/09604520910985678
Wang, C., & Teo, T. S. H. (2016). The impact of perceived quality on brand equity: An empirical study in the smartphone industry. Journal of Retailing and Consumer Services, 32, 78–86. https://doi.org/10.1016/j.jretconser.2016.06.009
Zeithaml, V. A. (1988). Consumer perceptions of price, quality, and value: A means-end model and synthesis of evidence. Journal of Marketing, 52(3), 2–22. https://doi.org/10.1177/002224298805200302

Supplementary File

  • Receive Date 06 December 2023
  • Revise Date 01 January 2024
  • Accept Date 10 March 2024