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Impact of Brand Equity on Purchase Intentions Buying Food Products in Lithuania Cover

Impact of Brand Equity on Purchase Intentions Buying Food Products in Lithuania

Open Access
|Oct 2021

Abstract

Increasing significance of brand equity encourages to analyse brand equity concept, its dimensions, and their impact on purchase intentions. Understanding why customers are willing to purchase certain food brands can help both retailers, and food product’s manufacturers build brands and compete in the market. Thus, the aim of this research is to evaluate the impact of brand equity dimensions on purchase intentions buying food products in Lithuania. Research methods: literature analysis, comparative, systematic analysis, questionnaire survey as a quantitative method, data analysis, regression analysis was used to achieve the aim. Results indicate that brand awareness doesn’t have significant impact on purchase intentions buying food products in Lithuania. Brand image, perceived quality and brand trust are deeply associated with purchase intentions buying food products in Lithuania and influence purchase intentions in a given order by their impact.

DOI: https://doi.org/10.15544/mts.2021.34 | Journal eISSN: 2345-0355 | Journal ISSN: 1822-6760
Language: English
Page range: 373 - 382
Submitted on: Aug 23, 2021
Accepted on: Aug 30, 2021
Published on: Oct 19, 2021
Published by: Vytautas Magnus University, Institute of Foreign Language
In partnership with: Paradigm Publishing Services
Publication frequency: 4 issues per year

© 2021 Asta Kyguoliene, Kristina Zikiene, published by Vytautas Magnus University, Institute of Foreign Language
This work is licensed under the Creative Commons Attribution-NonCommercial-NoDerivatives 3.0 License.