Investigating Factors Affecting Brand Equity with Respect to Mediating Role of Productivity in Major Steel Companies
Subject Areas : Business Managementali shafiei 1 , Vahid Reza Mirabi 2
1 - Ph.D. Student, Department of Marketing Management, Central Tehran University, Islamic Azad University, Tehran, Iran
2 - Associate Professor, Department of Business Administration, Tehran Central Branch, Islamic Azad University, Tehran, Iran
Keywords: supply chain management, Corporate Social Responsibility, Brand equity value, Customer engagementInternal marketing,
Abstract :
This applied descriptive and correlational survey sought to examine the factors affecting the brand equity in big steel companies. The research sample comprised 384 experts in iron and steel industries who were randomly selected based on the Morgan Table from the population of all experts in the field. The research data were collected via 384 questionnaires and were analyzed through Structural Equation Modeling. The findings revealed that internal marketing and social responsibility of the company had positive impacts on customer engagement, that internal marketing had a positive effect on the productivity of iron and steel companies and that productivity and supply chain management had an impact on the price. Also, supply chain management and customer engagement were found to have a positive impact on the products of iron and steel companies. The impacts of price and product on brand performance, and thereby, on brand equity were also verified. However, the effect of customer engagement on brand performance and brand equity, that of corporate social responsibility on brand performance, and that of prices on the brand equity of iron and steel companies were not confirmed.
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Gupta, S., Väätänen, J., & Khaneja, S. (2016), Value Added Reseller or Value at Risk: The Dark side of Relationships with VARs. Industrial Marketing Management, 55, 110-118.
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Huang, Y.T., & Rundle-Thiele, S.(2015), A Holistic Management Tool for Measuring Internal Marketing Activities. Journal of Services Marketing, 29(6/7), 571-584.
Kotler, P., & Keller, K.L.(2012), Marketing Management. New Jersey: Prentice Hall.
Lee, J.,Park, S.Y., Baek, I., & Lee, C.-S.(2008), The Impact of the Brand Management System on Brand Performance in B–B and B–C Environments. Industrial Marketing Management, 37(7), 848-855.
Linda, D., Jillian, F., Maria, P., & Alfonso, S.(2016), Corporate Social Responsibility: Engaging the Community. Qualitative Market Research: An International Journal, 19(2), 225-240.
Liu, M. T., Wong, I. A., Tseng, T. H., Chang, A. W. Y., & Phau, I. (2017), Applying Consumer-Based Brand Equity in Luxury Hotel Branding. Journal of Business Research, 81, 192-202.
McQuiston, D. H.(2004), Successful Branding of a Commodity Product: The Case of RaexLaserSteel. Industrial Marketing Management, 33(4), 345-354.
O'Cass, A., & Weerawardena, J.(2010), TheEffects of Perceived Industry Competitive Intensity and Marketing-Related Capabilities: Drivers of Superior Brand Performance. Industrial Marketing Management, 39(4), 571-581.
Reijonen, H., Hirvonen, S., Nagy, G., Laukkanen, T., & Gabrielsson, M.(2015), The Impact of Entrepreneurial Orientation on B2B Branding and Business Growth in Emerging Markets. Industrial Marketing Management, 51, 35-46.
Stoner, J.L.(2016), Perceptions of Power in Brands and an Investigation into Market Dominance. University of Minnesota.
Tedla, T.B.(2016), The Impact of Organizational Culture on Corporate Performance. Walden University.
Wu, H., L.V., K., Liang, L., & Hu, H.(2017), Measuring Performance of Sustainable Manufacturing with Recyclable Wastes: A Case from China’s Iron and Steel Industry. Omega, 66, 38-47.
Yang, D., Sonmez, M. M., Li, Q., & Duan, Y. (2015), The Power of Triple Contexts on Customer-Based Brand Performance-A Comparative Study of Baidu and Google from Chinese Netizens’ Perspective. International Business Review, 24(1), 11-22.
Yu-Ting, H., & Sharyn, R.-T.(2015), A Holistic Management Tool for Measuring Internal Marketing Activities. Journal of Services Marketing, 29.
Zhang,J., Jiang,Y., Shabbir, R., & Du, M.(2015), Building Industrial Brand Equity by Leveraging Firm Capabilities and Cocreating Value with Customers.Industrial Marketing Management,51,47-58.
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Aaker, D. A. (1996), Measuring Brand Equity Across Products and Markets. California Management Review, 38(3), 102-120.
Alhouti, S., Johnson, C. M., & Holloway, B. B. (2016), Corporate Social Responsibility Authenticity: Investigating Its Antecedents and Outcomes. Journal of Business Research, 69(3), 1242-1249.
Bates, M.O.(2016), Prahalad's Market Approach Impacting Brand Loyalty in Base of the Pyramid Philippines: Anderson University.
Chang, A., Chiang, H. H., & Han, T.-S. (2015), Investigating the Dual-Route Effects of Corporate Branding on Brand Equity. Asia Pacific Management Review, 20(3), 120-129.
Chilan. (2016), Steel Industry.Available on http://www.iransteel.net/, (In Persian).
Deigh, L., Deigh, L., Farquhar, J., Farquhar, J., Palazzo, M., Palazzo, M., &Siano, A. (2016), Corporate Social Responsibility: Engaging the Community. Qualitative Market Research: An International Journal, 19(2), 225-240.
Gunasekaran, A., Papadopoulos, T., Dubey, R., Wamba, S. F., Childe, S. J., Hazen, B., & Akter, S. (2017), Big Data and Predictive Analytics for Supply Chain and Organizational Performance. Journalof Business Research, 70, 308-317.
Gupta, S., Väätänen, J., & Khaneja, S. (2016), Value Added Reseller or Value at Risk: The Dark side of Relationships with VARs. Industrial Marketing Management, 55, 110-118.
havaldar,K. (2012). Industrial Marketing. Tehran: Azad University(In Persian).
Huang, Y.T., & Rundle-Thiele, S.(2015), A Holistic Management Tool for Measuring Internal Marketing Activities. Journal of Services Marketing, 29(6/7), 571-584.
Kotler, P., & Keller, K.L.(2012), Marketing Management. New Jersey: Prentice Hall.
Lee, J.,Park, S.Y., Baek, I., & Lee, C.-S.(2008), The Impact of the Brand Management System on Brand Performance in B–B and B–C Environments. Industrial Marketing Management, 37(7), 848-855.
Linda, D., Jillian, F., Maria, P., & Alfonso, S.(2016), Corporate Social Responsibility: Engaging the Community. Qualitative Market Research: An International Journal, 19(2), 225-240.
Liu, M. T., Wong, I. A., Tseng, T. H., Chang, A. W. Y., & Phau, I. (2017), Applying Consumer-Based Brand Equity in Luxury Hotel Branding. Journal of Business Research, 81, 192-202.
McQuiston, D. H.(2004), Successful Branding of a Commodity Product: The Case of RaexLaserSteel. Industrial Marketing Management, 33(4), 345-354.
O'Cass, A., & Weerawardena, J.(2010), TheEffects of Perceived Industry Competitive Intensity and Marketing-Related Capabilities: Drivers of Superior Brand Performance. Industrial Marketing Management, 39(4), 571-581.
Reijonen, H., Hirvonen, S., Nagy, G., Laukkanen, T., & Gabrielsson, M.(2015), The Impact of Entrepreneurial Orientation on B2B Branding and Business Growth in Emerging Markets. Industrial Marketing Management, 51, 35-46.
Stoner, J.L.(2016), Perceptions of Power in Brands and an Investigation into Market Dominance. University of Minnesota.
Tedla, T.B.(2016), The Impact of Organizational Culture on Corporate Performance. Walden University.
Wu, H., L.V., K., Liang, L., & Hu, H.(2017), Measuring Performance of Sustainable Manufacturing with Recyclable Wastes: A Case from China’s Iron and Steel Industry. Omega, 66, 38-47.
Yang, D., Sonmez, M. M., Li, Q., & Duan, Y. (2015), The Power of Triple Contexts on Customer-Based Brand Performance-A Comparative Study of Baidu and Google from Chinese Netizens’ Perspective. International Business Review, 24(1), 11-22.
Yu-Ting, H., & Sharyn, R.-T.(2015), A Holistic Management Tool for Measuring Internal Marketing Activities. Journal of Services Marketing, 29.
Zhang,J., Jiang,Y., Shabbir, R., & Du, M.(2015), Building Industrial Brand Equity by Leveraging Firm Capabilities and Cocreating Value with Customers.Industrial Marketing Management,51,47-58.