BRAND BENEFIT POSITIONING STRATEGY AND REPURCHASE INTENTION OF CONSUMERS OF FOOD AND BEVERAGES BRANDS IN RIVERS STATE, NIGERIA
Keywords:
Brand Benefit Capability, Repurchase Intention, Food and Beverages SMEsAbstract
The study investigated the effect of brand benefit positioning strategy on repurchase intention of customers towards food and beverage products in Rivers State, Nigeria. The descriptive survey research gathered data from 490 entrepreneurs and customers who patronise SMEs in Port Harcourt. A well structured questionnaire containing 8 items, with five demographic items was used to generate data from the respondents. The reliability analysis of the instrument with Chronbach Alpha produced a value of 0.775, which confirmed the consistency of the research items. The inferential statistics showed that brand benefit positioning strategy had significant predictive capabilities repurchase intentions. In conclusion, brand benefit positioning strategies had significant statistical influence on repurchase intentions towards food and beverage brands in Rivers State. Precisely, 81.5%, changes in customers’ repurchase intentions were significantly predicted by brand benefits. Therefore, this study recommended that food and beverage manufacturing companies should focus on enhancing brand benefits accruable to consumers to enhance repeat patronage
References
Aaker, A. Kumar, V. & Day, G. (1998). Marketing Research. New York: John Wiley
Asika, N. (2000).Research Methodology in Behavioural Sciences. Lagos: Longman Nigeria Plc.
Baridam, D. M. (2001). Research Methods in Administrative Sciences. Port Harcourt: Sharebrooke Associates.
Begum, K. W. & Sarala, KS. (2016). Impact of Brand Positioning on Customer Purchase Decision of Men Apparel Brands in Udupi. International Multidisciplinary Research Journal, 5(10), 213-224.
Blankson, C. (2008). Impact of Positioning Strategies on Corporate Performance. Retrieved from:www.journalof advertisingresearch.com (Assessed 23/7/2018).
Chand, S. (2016). How a company can differentiate its market offering along five dimensions? Retrieved from www.yourarticlelibrary.com/ (Accessed 15/9/2018)
Chelumbrun, J. (2014). The Concept of Product Differentiation in Marketing. Retrieved from https://www.linkedin.com/in/jag-chelumbrun(Assessed 23/8/2018).
Dirisu, J. I., Iyiola, O. & Ibidunni, O. S. (2013). Product Differentiation: A Tool of Competitive Advantage and Optimal Organizational Performance (A study of Unilever Nigeria Plc). European Scientific Journal, 9, (34), 258-281.
Ebrahim, R., Ghoneim, A., Irani, Z. & Fan, Y (2016) A brand preference and repurchase intention model: the role of consumer experience. Journal of Marketing Management, 32:13-14, 1230-1259.
Gibson, M. (2013).Using Brand Positioning and Content Creation to Move into New Markets. Admarco. Retrieved from: www.admarco.net (Accessed 20/10/2018).
Hickey, C. (2017). Marketing Strategies. London: Cambridge University Press.
Ibeh, K. (2004). “Further Export Participation in Less Performing Developing Countries”. International Journal of Social Economics, 31, (1/2), 94 – 110.
Janiszewska, K., & Insch, A. (2012). The Strategic Importance of Brand Positioning in the Place Brand Concept: Elements, Structure and Application Capabilities. Journal of International Studies, 5(1), 213-221.
Kamau, A. N. & Wafula, M. K. (2015). Effects of Strategic Positioning of Service Delivery on Customer Satisfaction - A Case Study of FINA Rank. International Journal of Scientific and Research Publications, 5 (1), 1-15.
Kongalla, R. (2013). Online Marketing - Differentiation and Positioning. India: India Institute of Tourism and Travel Management.
Kotler, P. & Armstrong, G. (2004): Principles of Marketing, Upper Saddle River, New Jersey: Pearson Education.
Kotler, P. (2006). Marketing Management: Planning, Analysis and Implementation(9th ed.). New Jersey: Prentice Hall Publications.
Lauga, D. O. (2011). Product Positioning in a Two-Dimensional Vertical Differentiation Model: The Role of Quality Costs. Marketing Science, 30(5),903 - 923.
Moosa, M.Y & Hassan, Z. (2015). Customer Perceived Values associated with Automobile and Brand Loyalty. International Journal of Accounting, Business and Management, 3(1), 99-115.
Mulei, A. (2005).Evaluation of Effectiveness of Positioning Strategies on Customer Choice: The Case of Laundry Detergents. MBA Thesis, University of Nairobi.
Musau, S.K (2012). Effectiveness of Positioning Strategies on Consumer Loyalty. International Journal of Business and Social Research, 6 (2), 42-65.
Nazmul, A. K., Islam, M. S., Hossain, F. & Chowdhury, M. T. (2012). Product Positioning: A Study of Soap Industry in Dhaka City. European Journal of Business and Management, 4(12), 83-95.
Reibstein, D. (2010). Product Positioning. New York: John Wiley & Sons Ltd.
Shivashankar, S. C. & Uma, T. G. (2017). Brand Positioning and Customer Perception towards Apparels — A Study in Bangalore. International Journal of Applied Research, 3(2): 213- 218.
Trochin, W. (2006). The Research Methods Knowledge. Cincinnati: Atomic Dog Pub.
Walsh, P. P., & Whelen, C. (2002). Product Differentiation and Firm Size Distribution: An Application to Carbonated Soft Drinks. A Paper Presented at the Network of UK Industrial Economists in Royal Holloway College, the Industry Group in STICERD, London School of Economics and Political Science.
Downloads
Published
How to Cite
Issue
Section
License
This work is licensed under a Creative Commons Attribution-NonCommercial-NoDerivatives 4.0 International License.