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IMPACT OF BRAND IMAGE ON
CUSTOMER LOYALTY
by
Siddharth Bhatnagar
i
EXECUTIVE SUMMARY
The Purpose of the study was to investigate the effect of brand image benefit on customer
satisfaction and Loyalty intention directly and indirectly based upon different analytical tools
and methods. The measures were reconstructed and re-standardized to make it suitable for the
purpose of the study. Numbers of factors were identified through chi square technique. The
results of chi-square analyses through SPSS method revealed that there is a strong positive
relationship between brand image and loyalty intention, While, the relationship between
customer satisfaction and loyalty intention was found to be less weak. This indicates that
there might be a mediation effect of customer satisfaction between brand image and loyalty
intention. A mediating effect of customer satisfaction was found between Brand Image and
Loyalty Intention. A survey was carried out on 111 respondents which comprised of 67 male
respondents and 44 female respondents. Though the percentage of male respondents was
higher, being 60.3% while females being 39.6%, it was deduced that gender does not have
any impact on customer loyalty or brand image. The results also indicated that overall
satisfaction does influence customers' loyalty which implies that marketers should focus on
brand image benefits to achieve customer loyalty.
ii
CONTENTS
Particulars Page No.
Disclaimer i
Declaration ii
Acknowledgement iii
Executive Summary iv
List of Tables & Figures vi
Chapter-1: Introduction 1
1.1 Research Question 2
1.2 Investigative Questions 2
1.3 Research Objective 2
1.4 Hypothesis 2
1.5 Limitations 3
Chapter-2: Literature Review 4
Chapter-3: Research Methodology 6
3.1 Method 6
3.1.1 Data 6
3.1.2 Reasoning 6
3.1.3 Research Tools 7
3.2 Sampling Design 7
3.3 Sample Size Calculations 7
3.3 Questionnaire Design 8
Chapter-4: Data Analysis & Interpretation 9
4.1 Demographic Presentation 9
4.2 Hypothesis Testing 15
4.3 Findings 17
Chapter-5: Conclusion 19
References 20
Appendix A 21
Appendix B 22
iii
LIST OF TABLES & FIGURES
Table/Figure Number and Name Page Number
Table 2.1: Important findings of Literature Review 5
Table 4.2.1: Null Hypothesis Test for the Impact of Brand Image 15
on Customer Loyalty to Gender.
Table 4.2.2: Null Hypothesis Test for the Impact of Brand Image 15
on Customer Loyalty to Age.
Table 4.2.3: Null Hypothesis Test for the Impact of Brand Image 15
on Customer Loyalty to Monthly Income.
Fig. 4.1.1: Gender 9
Fig. 4.1.2: Age Groups 10
Fig. 4.1.3: Monthly Income 10
Fig. 4.1.4: Brand Favourability to Customer Loyalty. 11
Fig. 4.1.5: Brand Ambassador Endorsement to Customer Loyalty. 11
Fig. 4.1.6: Attractive Packaging / Delivery to Customer Loyalty. 12
Fig. 4.1.7: Brand Strength to Customer Loyalty. 12
Fig. 4.1.8: Variety of offerings to Customer Loyalty. 13
Fig. 4.1.9: After sales service to Customer Loyalty. 13
Fig. 4.1.10: Brand Uniqueness to Customer Loyalty. 14
Fig. 4.1.11: Unique Offerings to Customer Loyalty. 14
Fig. 4.1.12: Unique Experiences to Customer Loyalty. 14
1
Chapter-1
INTRODUCTION
There have been a reasonable number of studies that have proved that brand image is the
image that any brand has in the market. In a similar fashion, there is another term called
customer satisfaction which also has been proved as a psychological condition of a
consumer that may have significant advantages to different parties or organizations. There
are a number of factors that critically influence brand image and customer satisfaction.
There have been compelling findings by different researchers that suggest the impact of
brand image on the loyalty of a customer for any organization. There are research
findings that closely examine the relationship between factors like Brand Image,
Customer Satisfaction and Customer Loyalty.
This study is essential in a number of ways. Brand Image is conducive for purchasing or
marketing programs. Martin (1995) deduced that the development and management of a
strong brand image is an essential element of an organization’s marketing program. Brand
Image has also been studied along some other major build ups such as brand favorability,
brand strength and brand uniqueness.
We conducted a preliminary survey of 111 respondents regarding the impact of brand
image on customer loyalty. The results show that gender does not have any impact on
customer loyalty or brand image. Also, age has a direct relationship with brand
favorability, which means that age has a direct impact on brand image as well as brand
loyalty of the customer. Monthly income of the customer also has a direct relationship
with brand favorability, brand strength and brand uniqueness and hence has a direct
impact on customer loyalty.
2
1.1 Research Question
Is there an impact of Brand Image on Customer Loyalty?
1.2 Investigative Questions
1. What is the relationship between gender and Impact of Brand Image on Customer
Loyalty?
2. How age is related with the Impact of Brand Image on Customer Loyalty?
3. What is the relationship between Monthly Income and the Impact of Brand Image
on Customer Loyalty?
1.3 Research Objectives
1. To determine the impact of brand image on customer loyalty.
2. To determine the relationship between gender and different aspects of brand
image.
3. To understand the relationship between age and different aspects of brand
image.
4. To analyze the relationship between monthly income and different aspects of
brand image.
1.4 Hypothesis
HO1: There is no significant impact of favorability of Brand on Customer Loyalty.
HA1: There is significant impact of favorability of Brand on Customer Loyalty.
HO2: There is no significant impact of Brand strength on Customer Loyalty.
HA2: There is significant impact of Brand strength on Customer Loyalty.
HO3: There is no significant impact of uniqueness of Brand on Customer Loyalty.
HA3: There is significant impact of uniqueness of Brand on Customer Loyalty.
3
1.5 Limitations
1. The number of respondents taken is not much due to the time constraint.
2. Only three major contributing factors to brand image are considered for the study,
the usage of scale is kept simple for the ease of understanding and analysis.
3. More descriptive statistical analysis methods such as the factor analysis aren’t
employed since the nature of the study was confined to the validation of
relationships among different variables.
4
Chapter-2
LITERATURE REVIEW
The aim of the research is to study the impact of Brand Image on the Customer Loyalty
throughout the country. This research utilized a more holistic measure of the relevant
parameters than previous studies. The measures accounts for the Brand Image’s expanded
relevance in the realm of trust, customer satisfaction and customer loyalty. Presently,
Brand Image is a dominant and defining characteristic in the domain of marketing and
intersecting disciplines.
In this study, we developed three hypotheses to examine the relationship between formed
variables and the impact of Brand Image on the Customer Loyalty. Hsieh and Lindridge
(2005) states that Brand image is the perception of a brand through brand association in
the minds of customers and Sondoh, S.L.; Ishak, I. and others (2007) add that it is a set of
brand associations formed and attached to the minds of customers.
Keller (2009) deduced the inclusion of the whole elements of brand image, such as
favorability of brand, strength of brand, and uniqueness of brand for analysis while Kotler
(2005) found out that the elements of uniqueness include variation of service provided,
the variation of the price, as well as differentiation of the physical appearance of a
product.
Da Silva (2010) inferred that the idea behind brand image is that the consumer is not
purchasing just the product or service but also the image associated with it while Schultz
(2005) concluded that customers who are loyal to certain brand will recommend it to
other people and are not easily influenced by competitors to make purchases.
5
Table 2.1: Important findings of Literature Review
S. No. Author(s) Year Key Findings
1. Hsieh and Lindridge 2005
Brand image is the perception of a brand through
brand association in the minds of customers.
2.
Sondoh, S.L.; Ishak, I.
and others.
2007
Brand image is a set of brand associations formed
and attached to the minds of customers.
3. Keller, K.L. 2009
Inclusion of the whole elements of brand image,
such as favourability of brand, strength of brand,
and uniqueness of brand for analysis.
4. Kotler, P. 2005
Elements of uniqueness include variation of service
provided, the variation of the price, as well as
differentiation of the physical appearance of a
product.
5.
Davies, B.A. and
others
2003
Strong brand image results in the overall customer
satisfaction for a product/service.
6. Vinhas and Faridah 2008
Brand image has something to do with product
appearance.
When customers are satisfied with the
product/service they will become loyal to the
brand even though they have other optional
brands.
7. Earls and others 2004
Strong brand image results in customer satisfaction
and therefore in customers loyalty.
8. Schultz, D.E. 2005
Customers who are loyal to certain brand will
recommend it to other people.
Customers Loyal to a Brand are not easily
influenced by competitors to make purchases.
9.
Vazquez-Carrasco, R
and Foxall, G.R.
2006
Social, confident and special brand image has
positive impact on loyalty intention.
10. da Silva, R.V. 2010
Idea behind brand image is that the consumer is
not purchasing just the product or service but also
the image associated with it.
6
Chapter-3
RESEARCH METHODOLOGY
3.1 Method
To analyze the Impact of Brand Image on Customer Loyalty, mixed approach was used
which included both exploratory and inductive reasoning in order to accumulate
background information on the given topic to filter the research questions. The
identification of the information which is to be used along the sample to derive the
response and their analysis, investigative questions were formulated.
3.1.1 Data
Primary Data:
Survey data gathered from questionnaire is used as the primary source of data.
Secondary Data:
The various scholarly journals & research articles were used as the secondary source of
data.
3.1.2 Reasoning
We employed inductive and exploratory reasoning because it satisfies the exploratory
nature of our research.
7
3.1.3 Research Tools
A study is conducted on the sample population using a self-framed questionnaire which is
forwarded to the respondents through the web-link.
The steps used to conduct the survey include:
 Defining the objective of the survey
 Determining the sampling group
 Preparing the questionnaire
 Registering the responses
 Data analysis
3.2 Sampling Design
Sampling is selecting some elements in a population and drawing conclusion about the
entire population. Population is the total collection of elements about which we wish to
make some references. Convenience sampling is used in the study of the population as it
is a non-probability sampling technique where respondents are selected as per the
accessibility and proximity. The population involved is very large in number it’s clear
that individual interaction in impossible to carry out. Convenience sampling being very
fast, inexpensive is the most relevant choice for sampling design.
3.3 Sample Size Calculation
The Population (Population of India) is N = 1339200000
Confidence Interval (e) = 6%
Sample proportion (p) = 0.5
q = 1 – p = 0.5
Confidence Level = 95%
Z-Score = 1.96
Formula to calculate Sample Size:
For larger or infinite population;
S = (Z2* p * q) / e2
And Sample Size (n) = S / [1 + (S - 1)/N]
8
3.4 Questionnaire Design
The questionnaire has been thoughtfully designed keeping the research objectives in
mind. It consists of 12 questions in total; out of which 3 are demographic and the
remaining 9 are intended to capture data at all the levels (Nominal, Ordinal, Interval and
Ratio).
We have kept the questionnaire as concise as possible to get the maximum reliable
responses.
The questionnaire consists of the following kinds of questions and scales:
 Demographics
 Likert Agreement Scale
9
Chapter-4
DATA ANALYSIS & INTERPRETATION
This chapter consists of the analysis and interpretation of 111 responses collected on an
unbiased basis from people of different parts of the country. Analysis was done with the help
of Google Forms and then generating useful graphs in Microsoft excel. Hypothesis testing was
done by chi-square method using the SPSS software and various graphs were obtained from
MS Excel and Google sheets.
4.1 Demographic Presentation
The total samples collected from population are 111, out of which 44 are female and 67 are
male students. This is shown in Fig 4.1.1
Fig. 4.1.1: Gender
44
67
0
Gender
Female Male Other
10
As seen in Fig. 4.1.2, 75 respondents are in the age group 18-24, 24 in 25-34 age group. From
this we can conclude that most of the respondents are in the age group of 18-24.
Fig. 4.1.2: Age Groups
Of all the respondents, when it comes to their Monthly Income 66 earn under 15000 ₹, 19
earn in the range of 30000₹ to 49999 ₹. This is given in Fig. 4.1.3
Fig. 4.1.3: Monthly Income
4
75
24
2 5 1
Age
below 18 18-24 25-34 35-44 45-55 above 55
66
15
19
6 2 21
Monthly Income
under 15000₹ 15000₹ to 29999₹ 30000₹ to 49999₹ 50000₹ to 74999₹
75000₹ to 99999₹ 100000₹ to 150000₹ over 150000₹
11
From the Fig. 4.1.4 it is clear that a majority of the respondents (59) said that they agree with
the fact that Brand Favorability is an important factor in repurchase and recommendation of a
brand.
Fig. 4.1.4: Brand Favorability to Customer Loyalty.
From the Fig. 4.1.5 we can see that 52 of the respondents agree with the fact that Brand
Ambassador Endorsements is a contributing factor in brand repurchase and recommendation.
Only 19 respondents selected strongly disagree or disagree.
Fig. 4.1.5: Brand Ambassador Endorsement to Customer Loyalty.
2 0
15
59
35
0
10
20
30
40
50
60
70
Strongly
Disagree
Disagree Neutral Agree Strongly Agree
Brand Favorability
5
14
30
52
10
0
10
20
30
40
50
60
Strongly
Disagree
Disagree Neutral Agree Strongly Agree
Brand Ambassador Endorsement
12
For the question related to Attractive product packaging / service delivery being a decisive
factor in repurchase and recommendation of a brand, most respondents (56) agreed to the
argument.
Fig. 4.1.6: Attractive Packaging / Delivery to Customer Loyalty.
A majority of the respondents agree (58) with the fact that Brand Strength is an important factor
in brand repurchase and recommendation.
Fig. 4.1.7: Brand Strength to Customer Loyalty.
3 3
15
56
34
0
10
20
30
40
50
60
Strongly Disagree Disagree Neutral Agree Strongly Agree
Attractive Packaging / Delivery
3 2
13
58
35
0
10
20
30
40
50
60
70
Strongly Disagree Disagree Neutral Agree Strongly Agree
Brand Strength
13
From Fig. 4.1.8 it is evident that majority of the respondents (59) agree that Variety of offerings
is a factor in repurchase and recommendation of products/services offered by a brand.
Fig. 4.1.8: Variety of offerings to Customer Loyalty.
From the Fig. 4.1.9 it is evident that majority of the respondents (60) strongly agree that after
sales service is a major reason in repurchase and recommendation of a brand.
Fig. 4.1.9: After sales service to Customer Loyalty.
2 4
13
59
33
0
10
20
30
40
50
60
70
Strongly Disagree Disagree Neutral Agree Strongly agree
Variety of offereings
2 3
6
40
60
0
10
20
30
40
50
60
70
Strongly Disagree Disagree Neutral Agree Strongly agree
After Sales Service
14
From the Fig. 4.1.10 it is clear that majority of the respondents (55) agree that Brand
Uniqueness is a decisive factor in repurchase and recommendation of a brand.
Fig. 4.1.10: Brand Uniqueness to Customer Loyalty.
From the Fig. 4.1.11 it can be inferred that majority of the respondents (62) agree that Unique
set of offerings by a brand is an important reason of repurchase and recommendation.
Fig. 4.1.11: Unique Offerings to Customer Loyalty.
From the Fig. 4.1.12 it is evident that majority of the respondents (86) either agree or strongly
agree that unique buying experience is decisive in repurchase and recommendation of a Brand.
Fig. 4.1.12: Unique Offerings to Customer Loyalty.
3 4
16
55
33
0
10
20
30
40
50
60
Strongly Disagree Disagree Neutral Agree Strongly Agree
Brand Uniqueness
3 4
18
62
24
0
10
20
30
40
50
60
70
Strongly Disagree Disagree Neutral Agree Strongly Agree
Unique Offerings
5 4
16
49
37
0
10
20
30
40
50
60
Strongly Disagree Disagree Neutral Agree Strongly Agree
Unique Experiences
15
4.2 Hypothesis Testing
The three hypotheses developed in the earlier stages were put to test with the help of a chi-
square analysis. For this purpose, we have used SPSS for analysis. To complete the analysis,
the three hypotheses were put to test with the different attributes i.e. impact of different factors
and their outputs are presented in the tables below:
Table 4.2.1: Null Hypothesis Test for the Impact of Brand Image on Customer Loyalty to Gender.
S. No. Factor df Chi-Square
Value
Table
Value
Null
Hypothesis
1. Brand Favorability 3 6.472 7.815 Accepted
2. Brand Ambassador Endorsement 4 3.615 9.488 Accepted
3. Attractive Packaging/Delivery 4 4.182 9.488 Accepted
4. Brand Strength 4 0.719 9.488 Accepted
5. Variety of Offerings 4 3.152 9.488 Accepted
6. After Sales Service 4 3.031 9.488 Accepted
7. Brand Uniqueness 4 2.923 9.488 Accepted
8. Unique Offerings 4 6.407 9.488 Accepted
9. Unique Experience 4 3.560 9.488 Accepted
*Significance Level=95% (α=0.05)
16
Table 4.2.2: Null Hypothesis Test for the Impact of Brand Image on Customer Loyalty to Age.
S. No. Factor df Chi-Square
Value
Table
Value
Null
Hypothesis
1. Brand Favorability 15 8.740 24.996 Accepted
2. Brand Ambassador Endorsement 20 34.462 31.410 Rejected
3. Attractive Packaging/Delivery 20 32.680 31.410 Rejected
4. Brand Strength 20 14.102 31.410 Accepted
5. Variety of Offerings 20 9.964 31.410 Accepted
6. After Sales Service 20 32.084 31.410 Rejected
7. Brand Uniqueness 20 13.236 31.410 Accepted
8. Unique Offerings 20 7.579 31.410 Accepted
9. Unique Experience 20 20.077 31.410 Accepted
*Significance Level=95% (α=0.05)
17
Table 4.2.3: Null Hypothesis Test for the Impact of Brand Image on Customer Loyalty to Monthly Income.
S. No. Factor df Chi-Square
Value
Table
Value
Null
Hypothesis
1. Brand Favorability 18 41.336 28.869 Rejected
2. Brand Ambassador Endorsement 24 30.826 36.415 Accepted
3. Attractive Packaging/Delivery 24 43.613 36.415 Rejected
4. Brand Strength 24 30.215 36.415 Accepted
5. Variety of Offerings 24 51.402 36.415 Rejected
6. After Sales Service 24 44.540 36.415 Rejected
7. Brand Uniqueness 24 38.826 36.415 Rejected
8. Unique Offerings 24 45.064 36.415 Rejected
9. Unique Experience 24 27.797 36.415 Accepted
*Significance Level=95% (α=0.05)
4.3 Findings
Questions 1 to 3 are related to the impact of brand favorability aspect of the brand image on
the customer loyalty.
Questions 4 to 6 are related to the impact of brand strength aspect of the brand image on the
customer loyalty.
Questions 7 to 9 are related to the impact of brand uniqueness aspect of the brand image on the
customer loyalty.
Table 4.2.1: Gender
The relationship between the impact of brand image on customer loyalty and gender is non-
existing due to the fact that none of the different factors have any sort of relationship with the
gender of population.
18
Table 4.2.2: Age
The relationship between the impact of brand image on customer loyalty and age is evident
from the data as brand ambassador endorsement, attractive packaging / delivery and after sales
service factors of the brand image has a significant relationship with the age of the population.
Table 4.2.3: Monthly Income
The relationship between the impact of brand image on customer loyalty and monthly income
is evident from the data that brand favorability, attractive packaging / delivery, variety of
offerings, after sales service, brand uniqueness and unique offerings has a significant
relationship with the monthly income of the population.
19
Chapter-5
CONCLUSION
The results of this project are based on the analysis of data collected from a sample of 111
people across the country. Participating population in the survey were from various income
brackets and different age groups.
The main objective of this research was to understand the impact of brand image on customer
loyalty, the analysis of the data showed that gender has no significant relationship with the
brand image in impacting the customer loyalty while age and especially monthly income has
significant relationship with the brand image in impacting the customer loyalty.
 None of the three major contributing factors to brand image including brand
favorability, brand strength and brand uniqueness has a significant relationship with the
gender of the population.
 Brand ambassador endorsement, attractive packaging / delivery and after sales service
are the major attributes which have a significant relationship with the age of the
population, It can be concluded that brand favorability is the major contributing factor
in association with the age to the brand image in impacting the customer loyalty.
 Brand favorability, attractive packaging / delivery, variety of offerings, after sales
service, brand uniqueness and unique offerings are the attributes which have a
significant relationship with the monthly income of the population. The conclusion
which can be drawn out of this is that all of the three contributing factors to the Brand
Image namely: Brand Favorability, Brand Strength and Brand Uniqueness has a
significant relationship with the Monthly Income and hence they surely have an impact
on the customer loyalty.
20
REFERENCES
 https://www.emeraldinsight.com/doi/abs/10.1108/10610420510583716
 http://eprints.usm.my/35951/1/AAMJ_12-1-6.pdf
 https://www.tandfonline.com/doi/abs/10.1080/13527260902757530
 http://socioline.ru/files/5/283/kotler_keller_-
_marketing_management_14th_edition.pdf
 https://www.emeraldinsight.com/doi/abs/10.1108/09590551011085957?mobileUi=0
&journalCode=ijrdm
 https://www.researchgate.net/publication/233664260_Online_corporate_brand_image
_satisfaction_and_loyalty
 https://www.researchgate.net/profile/Fransisca_Andreani/publication/267784984_The
_Impact_of_Brand_Image_Towards_Loyalty_with_Satisfaction_as_A_Mediator_in_
McDonald%27s/links/546461d70cf2c0c6aec50910/The-Impact-of-Brand-Image-
Towards-Loyalty-with-Satisfaction-as-A-Mediator-in-McDonalds.pdf
 https://www.researchgate.net/publication/215915908_Bringing_the_corporation_into
_corporate_branding
 https://www.sciencedirect.com/science/article/pii/S0969698905000585
 https://www.researchgate.net/publication/233664260_Online_corporate_brand_image
_satisfaction_and_loyalty
21
APPENDIX A
Distribution of Chi-Square
DF 0.99 0.975 0.95 0.90 0.10 0.05 0.025 0.01
1 __ 0.001 0.004 0.016 2.706 3.841 5.024 6.635
2 0.020 0.051 0.103 0.211 4.605 5.991 7.378 9.210
3 0.115 0.216 0.352 0.584 6.251 7.815 9.348 11.345
4 0.297 0.484 0.711 1.064 7.779 9.488 11.143 13.277
5 0.554 0.831 1.145 1.610 9.236 11.041 12.833 15.086
6 0.872 1.237 1.635 2.204 10.645 12.592 14.449 16.812
7 1.239 1.690 2.167 2.833 12.017 14.067 16.013 18.475
8 1.646 2.180 2.733 3.490 13.362 15.507 17.535 20.090
9 2.088 2.700 3.325 4.168 14.684 16.919 19.023 21.666
10 2.558 3.247 3.940 4.865 15.987 18.307 20.483 23.209
11 3.053 3.816 4.575 5.578 17.275 19.675 21.920 24.725
12 3.571 4.404 5.226 6.304 18.549 21.026 23.337 26.217
13 4.107 5.009 5.892 7.042 19.812 22.362 24.736 27.688
14 4.660 5.629 6.571 7.790 21.064 23.685 26.119 29.141
15 5.229 6.262 7.261 8.547 22.307 24.996 27.48 30.578
16 5.812 6.908 7.962 9.312 23.542 26.296 28.845 32.000
17 6.408 7.564 8.672 10.085 24.769 27.587 30.191 33.409
18 7.015 8.231 9.390 10.865 25.989 28.869 31.526 34.805
19 7.633 8.907 10.117 11.651 27.204 30.144 32.852 36.191
20 8.260 9.591 10.851 12.443 28.412 31.410 34.170 37.566
21 8.897 10.283 11.591 13.240 29.615 32.671 35.479 38.932
22 9.542 10.982 12.338 14.042 30.813 33.924 36.781 40.289
23 10.196 11.689 13.091 14.848 32.007 35.172 38.076 41.638
24 10.856 12.401 1.848 15.659 33.196 36.415 39.364 42.980
25 11.524 13.120 14.611 16.473 34.382 37.652 40.646 44.314
26 12.198 13.844 15.379 17.292 35.563 38.885 41.923 45.642
27 12.879 14.573 16.151 18.114 36.741 40.113 43.194 46.963
28 13.565 15.308 16.928 18.939 37.916 41.337 44.461 48.278
29 14.257 16.047 17.708 19.768 39.087 42.557 45.722 49.588
30 14.954 16.791 18.493 20.599 40.256 43.77 46.979 50.892
22
APPENDIX B
Questionnaire
Hello! We are a group of Management students trying to analyze the Impact of Brand Image
on Customer Loyalty, please fill the following Questionnaire. Your responses will be kept
confidential. Thank You!
1. Brand Favorability is an important factor in repurchase and recommendation of a brand.
Strongly Disagree
Disagree
Undecided
Agree
Strongly Agree
2. Brand Ambassador Endorsements is a contributing factor in brand repurchase and
recommendation.
Strongly Disagree
Disagree
Undecided
Agree
Strongly Agree
23
3. Attractive product packaging / service delivery is a decisive factor in repurchase and
recommendation of a brand.
Strongly Disagree
Disagree
Undecided
Agree
Strongly Agree
4. Brand Strength is an important factor in brand repurchase and recommendation.
Strongly Disagree
Disagree
Undecided
Agree
Strongly Agree
5. Variety of offerings is a factor in repurchase and recommendation of products/services
offered by a brand.
Strongly Disagree
Disagree
Undecided
Agree
Strongly Agree
24
6. After sales service is a major reason in repurchase and recommendation of a brand.
Strongly Disagree
Disagree
Undecided
Agree
Strongly Agree
7. Brand Uniqueness is a decisive factor in repurchase and recommendation of a brand.
Strongly Disagree
Disagree
Undecided
Agree
Strongly Agree
8. Unique set of offerings by a brand is an important reason of repurchase and
recommendation.
Strongly Disagree
Disagree
Undecided
Agree
Strongly Agree
25
9. Unique buying experience offered by a brand is decisive in repurchase and
recommendation of a Brand.
Strongly Disagree
Disagree
Undecided
Agree
Strongly Agree
Section: Demographics
1. Gender
Female
Male
Other
2. Age
>=18
19-30
29-40
39-50
49-60
60<
26
3. Income
under ₹ 15,000
₹ 15,000 to ₹ 29,999
₹ 30,000 to ₹ 49,999
₹ 50,000 to ₹ 74,999
₹ 75,000 to ₹ 99,999
₹ 100,000 to ₹ 150,000
over ₹ 150,000

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Report on Impact of Brand Image on Customer Loyalty.

  • 1. IMPACT OF BRAND IMAGE ON CUSTOMER LOYALTY by Siddharth Bhatnagar
  • 2. i EXECUTIVE SUMMARY The Purpose of the study was to investigate the effect of brand image benefit on customer satisfaction and Loyalty intention directly and indirectly based upon different analytical tools and methods. The measures were reconstructed and re-standardized to make it suitable for the purpose of the study. Numbers of factors were identified through chi square technique. The results of chi-square analyses through SPSS method revealed that there is a strong positive relationship between brand image and loyalty intention, While, the relationship between customer satisfaction and loyalty intention was found to be less weak. This indicates that there might be a mediation effect of customer satisfaction between brand image and loyalty intention. A mediating effect of customer satisfaction was found between Brand Image and Loyalty Intention. A survey was carried out on 111 respondents which comprised of 67 male respondents and 44 female respondents. Though the percentage of male respondents was higher, being 60.3% while females being 39.6%, it was deduced that gender does not have any impact on customer loyalty or brand image. The results also indicated that overall satisfaction does influence customers' loyalty which implies that marketers should focus on brand image benefits to achieve customer loyalty.
  • 3. ii CONTENTS Particulars Page No. Disclaimer i Declaration ii Acknowledgement iii Executive Summary iv List of Tables & Figures vi Chapter-1: Introduction 1 1.1 Research Question 2 1.2 Investigative Questions 2 1.3 Research Objective 2 1.4 Hypothesis 2 1.5 Limitations 3 Chapter-2: Literature Review 4 Chapter-3: Research Methodology 6 3.1 Method 6 3.1.1 Data 6 3.1.2 Reasoning 6 3.1.3 Research Tools 7 3.2 Sampling Design 7 3.3 Sample Size Calculations 7 3.3 Questionnaire Design 8 Chapter-4: Data Analysis & Interpretation 9 4.1 Demographic Presentation 9 4.2 Hypothesis Testing 15 4.3 Findings 17 Chapter-5: Conclusion 19 References 20 Appendix A 21 Appendix B 22
  • 4. iii LIST OF TABLES & FIGURES Table/Figure Number and Name Page Number Table 2.1: Important findings of Literature Review 5 Table 4.2.1: Null Hypothesis Test for the Impact of Brand Image 15 on Customer Loyalty to Gender. Table 4.2.2: Null Hypothesis Test for the Impact of Brand Image 15 on Customer Loyalty to Age. Table 4.2.3: Null Hypothesis Test for the Impact of Brand Image 15 on Customer Loyalty to Monthly Income. Fig. 4.1.1: Gender 9 Fig. 4.1.2: Age Groups 10 Fig. 4.1.3: Monthly Income 10 Fig. 4.1.4: Brand Favourability to Customer Loyalty. 11 Fig. 4.1.5: Brand Ambassador Endorsement to Customer Loyalty. 11 Fig. 4.1.6: Attractive Packaging / Delivery to Customer Loyalty. 12 Fig. 4.1.7: Brand Strength to Customer Loyalty. 12 Fig. 4.1.8: Variety of offerings to Customer Loyalty. 13 Fig. 4.1.9: After sales service to Customer Loyalty. 13 Fig. 4.1.10: Brand Uniqueness to Customer Loyalty. 14 Fig. 4.1.11: Unique Offerings to Customer Loyalty. 14 Fig. 4.1.12: Unique Experiences to Customer Loyalty. 14
  • 5. 1 Chapter-1 INTRODUCTION There have been a reasonable number of studies that have proved that brand image is the image that any brand has in the market. In a similar fashion, there is another term called customer satisfaction which also has been proved as a psychological condition of a consumer that may have significant advantages to different parties or organizations. There are a number of factors that critically influence brand image and customer satisfaction. There have been compelling findings by different researchers that suggest the impact of brand image on the loyalty of a customer for any organization. There are research findings that closely examine the relationship between factors like Brand Image, Customer Satisfaction and Customer Loyalty. This study is essential in a number of ways. Brand Image is conducive for purchasing or marketing programs. Martin (1995) deduced that the development and management of a strong brand image is an essential element of an organization’s marketing program. Brand Image has also been studied along some other major build ups such as brand favorability, brand strength and brand uniqueness. We conducted a preliminary survey of 111 respondents regarding the impact of brand image on customer loyalty. The results show that gender does not have any impact on customer loyalty or brand image. Also, age has a direct relationship with brand favorability, which means that age has a direct impact on brand image as well as brand loyalty of the customer. Monthly income of the customer also has a direct relationship with brand favorability, brand strength and brand uniqueness and hence has a direct impact on customer loyalty.
  • 6. 2 1.1 Research Question Is there an impact of Brand Image on Customer Loyalty? 1.2 Investigative Questions 1. What is the relationship between gender and Impact of Brand Image on Customer Loyalty? 2. How age is related with the Impact of Brand Image on Customer Loyalty? 3. What is the relationship between Monthly Income and the Impact of Brand Image on Customer Loyalty? 1.3 Research Objectives 1. To determine the impact of brand image on customer loyalty. 2. To determine the relationship between gender and different aspects of brand image. 3. To understand the relationship between age and different aspects of brand image. 4. To analyze the relationship between monthly income and different aspects of brand image. 1.4 Hypothesis HO1: There is no significant impact of favorability of Brand on Customer Loyalty. HA1: There is significant impact of favorability of Brand on Customer Loyalty. HO2: There is no significant impact of Brand strength on Customer Loyalty. HA2: There is significant impact of Brand strength on Customer Loyalty. HO3: There is no significant impact of uniqueness of Brand on Customer Loyalty. HA3: There is significant impact of uniqueness of Brand on Customer Loyalty.
  • 7. 3 1.5 Limitations 1. The number of respondents taken is not much due to the time constraint. 2. Only three major contributing factors to brand image are considered for the study, the usage of scale is kept simple for the ease of understanding and analysis. 3. More descriptive statistical analysis methods such as the factor analysis aren’t employed since the nature of the study was confined to the validation of relationships among different variables.
  • 8. 4 Chapter-2 LITERATURE REVIEW The aim of the research is to study the impact of Brand Image on the Customer Loyalty throughout the country. This research utilized a more holistic measure of the relevant parameters than previous studies. The measures accounts for the Brand Image’s expanded relevance in the realm of trust, customer satisfaction and customer loyalty. Presently, Brand Image is a dominant and defining characteristic in the domain of marketing and intersecting disciplines. In this study, we developed three hypotheses to examine the relationship between formed variables and the impact of Brand Image on the Customer Loyalty. Hsieh and Lindridge (2005) states that Brand image is the perception of a brand through brand association in the minds of customers and Sondoh, S.L.; Ishak, I. and others (2007) add that it is a set of brand associations formed and attached to the minds of customers. Keller (2009) deduced the inclusion of the whole elements of brand image, such as favorability of brand, strength of brand, and uniqueness of brand for analysis while Kotler (2005) found out that the elements of uniqueness include variation of service provided, the variation of the price, as well as differentiation of the physical appearance of a product. Da Silva (2010) inferred that the idea behind brand image is that the consumer is not purchasing just the product or service but also the image associated with it while Schultz (2005) concluded that customers who are loyal to certain brand will recommend it to other people and are not easily influenced by competitors to make purchases.
  • 9. 5 Table 2.1: Important findings of Literature Review S. No. Author(s) Year Key Findings 1. Hsieh and Lindridge 2005 Brand image is the perception of a brand through brand association in the minds of customers. 2. Sondoh, S.L.; Ishak, I. and others. 2007 Brand image is a set of brand associations formed and attached to the minds of customers. 3. Keller, K.L. 2009 Inclusion of the whole elements of brand image, such as favourability of brand, strength of brand, and uniqueness of brand for analysis. 4. Kotler, P. 2005 Elements of uniqueness include variation of service provided, the variation of the price, as well as differentiation of the physical appearance of a product. 5. Davies, B.A. and others 2003 Strong brand image results in the overall customer satisfaction for a product/service. 6. Vinhas and Faridah 2008 Brand image has something to do with product appearance. When customers are satisfied with the product/service they will become loyal to the brand even though they have other optional brands. 7. Earls and others 2004 Strong brand image results in customer satisfaction and therefore in customers loyalty. 8. Schultz, D.E. 2005 Customers who are loyal to certain brand will recommend it to other people. Customers Loyal to a Brand are not easily influenced by competitors to make purchases. 9. Vazquez-Carrasco, R and Foxall, G.R. 2006 Social, confident and special brand image has positive impact on loyalty intention. 10. da Silva, R.V. 2010 Idea behind brand image is that the consumer is not purchasing just the product or service but also the image associated with it.
  • 10. 6 Chapter-3 RESEARCH METHODOLOGY 3.1 Method To analyze the Impact of Brand Image on Customer Loyalty, mixed approach was used which included both exploratory and inductive reasoning in order to accumulate background information on the given topic to filter the research questions. The identification of the information which is to be used along the sample to derive the response and their analysis, investigative questions were formulated. 3.1.1 Data Primary Data: Survey data gathered from questionnaire is used as the primary source of data. Secondary Data: The various scholarly journals & research articles were used as the secondary source of data. 3.1.2 Reasoning We employed inductive and exploratory reasoning because it satisfies the exploratory nature of our research.
  • 11. 7 3.1.3 Research Tools A study is conducted on the sample population using a self-framed questionnaire which is forwarded to the respondents through the web-link. The steps used to conduct the survey include:  Defining the objective of the survey  Determining the sampling group  Preparing the questionnaire  Registering the responses  Data analysis 3.2 Sampling Design Sampling is selecting some elements in a population and drawing conclusion about the entire population. Population is the total collection of elements about which we wish to make some references. Convenience sampling is used in the study of the population as it is a non-probability sampling technique where respondents are selected as per the accessibility and proximity. The population involved is very large in number it’s clear that individual interaction in impossible to carry out. Convenience sampling being very fast, inexpensive is the most relevant choice for sampling design. 3.3 Sample Size Calculation The Population (Population of India) is N = 1339200000 Confidence Interval (e) = 6% Sample proportion (p) = 0.5 q = 1 – p = 0.5 Confidence Level = 95% Z-Score = 1.96 Formula to calculate Sample Size: For larger or infinite population; S = (Z2* p * q) / e2 And Sample Size (n) = S / [1 + (S - 1)/N]
  • 12. 8 3.4 Questionnaire Design The questionnaire has been thoughtfully designed keeping the research objectives in mind. It consists of 12 questions in total; out of which 3 are demographic and the remaining 9 are intended to capture data at all the levels (Nominal, Ordinal, Interval and Ratio). We have kept the questionnaire as concise as possible to get the maximum reliable responses. The questionnaire consists of the following kinds of questions and scales:  Demographics  Likert Agreement Scale
  • 13. 9 Chapter-4 DATA ANALYSIS & INTERPRETATION This chapter consists of the analysis and interpretation of 111 responses collected on an unbiased basis from people of different parts of the country. Analysis was done with the help of Google Forms and then generating useful graphs in Microsoft excel. Hypothesis testing was done by chi-square method using the SPSS software and various graphs were obtained from MS Excel and Google sheets. 4.1 Demographic Presentation The total samples collected from population are 111, out of which 44 are female and 67 are male students. This is shown in Fig 4.1.1 Fig. 4.1.1: Gender 44 67 0 Gender Female Male Other
  • 14. 10 As seen in Fig. 4.1.2, 75 respondents are in the age group 18-24, 24 in 25-34 age group. From this we can conclude that most of the respondents are in the age group of 18-24. Fig. 4.1.2: Age Groups Of all the respondents, when it comes to their Monthly Income 66 earn under 15000 ₹, 19 earn in the range of 30000₹ to 49999 ₹. This is given in Fig. 4.1.3 Fig. 4.1.3: Monthly Income 4 75 24 2 5 1 Age below 18 18-24 25-34 35-44 45-55 above 55 66 15 19 6 2 21 Monthly Income under 15000₹ 15000₹ to 29999₹ 30000₹ to 49999₹ 50000₹ to 74999₹ 75000₹ to 99999₹ 100000₹ to 150000₹ over 150000₹
  • 15. 11 From the Fig. 4.1.4 it is clear that a majority of the respondents (59) said that they agree with the fact that Brand Favorability is an important factor in repurchase and recommendation of a brand. Fig. 4.1.4: Brand Favorability to Customer Loyalty. From the Fig. 4.1.5 we can see that 52 of the respondents agree with the fact that Brand Ambassador Endorsements is a contributing factor in brand repurchase and recommendation. Only 19 respondents selected strongly disagree or disagree. Fig. 4.1.5: Brand Ambassador Endorsement to Customer Loyalty. 2 0 15 59 35 0 10 20 30 40 50 60 70 Strongly Disagree Disagree Neutral Agree Strongly Agree Brand Favorability 5 14 30 52 10 0 10 20 30 40 50 60 Strongly Disagree Disagree Neutral Agree Strongly Agree Brand Ambassador Endorsement
  • 16. 12 For the question related to Attractive product packaging / service delivery being a decisive factor in repurchase and recommendation of a brand, most respondents (56) agreed to the argument. Fig. 4.1.6: Attractive Packaging / Delivery to Customer Loyalty. A majority of the respondents agree (58) with the fact that Brand Strength is an important factor in brand repurchase and recommendation. Fig. 4.1.7: Brand Strength to Customer Loyalty. 3 3 15 56 34 0 10 20 30 40 50 60 Strongly Disagree Disagree Neutral Agree Strongly Agree Attractive Packaging / Delivery 3 2 13 58 35 0 10 20 30 40 50 60 70 Strongly Disagree Disagree Neutral Agree Strongly Agree Brand Strength
  • 17. 13 From Fig. 4.1.8 it is evident that majority of the respondents (59) agree that Variety of offerings is a factor in repurchase and recommendation of products/services offered by a brand. Fig. 4.1.8: Variety of offerings to Customer Loyalty. From the Fig. 4.1.9 it is evident that majority of the respondents (60) strongly agree that after sales service is a major reason in repurchase and recommendation of a brand. Fig. 4.1.9: After sales service to Customer Loyalty. 2 4 13 59 33 0 10 20 30 40 50 60 70 Strongly Disagree Disagree Neutral Agree Strongly agree Variety of offereings 2 3 6 40 60 0 10 20 30 40 50 60 70 Strongly Disagree Disagree Neutral Agree Strongly agree After Sales Service
  • 18. 14 From the Fig. 4.1.10 it is clear that majority of the respondents (55) agree that Brand Uniqueness is a decisive factor in repurchase and recommendation of a brand. Fig. 4.1.10: Brand Uniqueness to Customer Loyalty. From the Fig. 4.1.11 it can be inferred that majority of the respondents (62) agree that Unique set of offerings by a brand is an important reason of repurchase and recommendation. Fig. 4.1.11: Unique Offerings to Customer Loyalty. From the Fig. 4.1.12 it is evident that majority of the respondents (86) either agree or strongly agree that unique buying experience is decisive in repurchase and recommendation of a Brand. Fig. 4.1.12: Unique Offerings to Customer Loyalty. 3 4 16 55 33 0 10 20 30 40 50 60 Strongly Disagree Disagree Neutral Agree Strongly Agree Brand Uniqueness 3 4 18 62 24 0 10 20 30 40 50 60 70 Strongly Disagree Disagree Neutral Agree Strongly Agree Unique Offerings 5 4 16 49 37 0 10 20 30 40 50 60 Strongly Disagree Disagree Neutral Agree Strongly Agree Unique Experiences
  • 19. 15 4.2 Hypothesis Testing The three hypotheses developed in the earlier stages were put to test with the help of a chi- square analysis. For this purpose, we have used SPSS for analysis. To complete the analysis, the three hypotheses were put to test with the different attributes i.e. impact of different factors and their outputs are presented in the tables below: Table 4.2.1: Null Hypothesis Test for the Impact of Brand Image on Customer Loyalty to Gender. S. No. Factor df Chi-Square Value Table Value Null Hypothesis 1. Brand Favorability 3 6.472 7.815 Accepted 2. Brand Ambassador Endorsement 4 3.615 9.488 Accepted 3. Attractive Packaging/Delivery 4 4.182 9.488 Accepted 4. Brand Strength 4 0.719 9.488 Accepted 5. Variety of Offerings 4 3.152 9.488 Accepted 6. After Sales Service 4 3.031 9.488 Accepted 7. Brand Uniqueness 4 2.923 9.488 Accepted 8. Unique Offerings 4 6.407 9.488 Accepted 9. Unique Experience 4 3.560 9.488 Accepted *Significance Level=95% (α=0.05)
  • 20. 16 Table 4.2.2: Null Hypothesis Test for the Impact of Brand Image on Customer Loyalty to Age. S. No. Factor df Chi-Square Value Table Value Null Hypothesis 1. Brand Favorability 15 8.740 24.996 Accepted 2. Brand Ambassador Endorsement 20 34.462 31.410 Rejected 3. Attractive Packaging/Delivery 20 32.680 31.410 Rejected 4. Brand Strength 20 14.102 31.410 Accepted 5. Variety of Offerings 20 9.964 31.410 Accepted 6. After Sales Service 20 32.084 31.410 Rejected 7. Brand Uniqueness 20 13.236 31.410 Accepted 8. Unique Offerings 20 7.579 31.410 Accepted 9. Unique Experience 20 20.077 31.410 Accepted *Significance Level=95% (α=0.05)
  • 21. 17 Table 4.2.3: Null Hypothesis Test for the Impact of Brand Image on Customer Loyalty to Monthly Income. S. No. Factor df Chi-Square Value Table Value Null Hypothesis 1. Brand Favorability 18 41.336 28.869 Rejected 2. Brand Ambassador Endorsement 24 30.826 36.415 Accepted 3. Attractive Packaging/Delivery 24 43.613 36.415 Rejected 4. Brand Strength 24 30.215 36.415 Accepted 5. Variety of Offerings 24 51.402 36.415 Rejected 6. After Sales Service 24 44.540 36.415 Rejected 7. Brand Uniqueness 24 38.826 36.415 Rejected 8. Unique Offerings 24 45.064 36.415 Rejected 9. Unique Experience 24 27.797 36.415 Accepted *Significance Level=95% (α=0.05) 4.3 Findings Questions 1 to 3 are related to the impact of brand favorability aspect of the brand image on the customer loyalty. Questions 4 to 6 are related to the impact of brand strength aspect of the brand image on the customer loyalty. Questions 7 to 9 are related to the impact of brand uniqueness aspect of the brand image on the customer loyalty. Table 4.2.1: Gender The relationship between the impact of brand image on customer loyalty and gender is non- existing due to the fact that none of the different factors have any sort of relationship with the gender of population.
  • 22. 18 Table 4.2.2: Age The relationship between the impact of brand image on customer loyalty and age is evident from the data as brand ambassador endorsement, attractive packaging / delivery and after sales service factors of the brand image has a significant relationship with the age of the population. Table 4.2.3: Monthly Income The relationship between the impact of brand image on customer loyalty and monthly income is evident from the data that brand favorability, attractive packaging / delivery, variety of offerings, after sales service, brand uniqueness and unique offerings has a significant relationship with the monthly income of the population.
  • 23. 19 Chapter-5 CONCLUSION The results of this project are based on the analysis of data collected from a sample of 111 people across the country. Participating population in the survey were from various income brackets and different age groups. The main objective of this research was to understand the impact of brand image on customer loyalty, the analysis of the data showed that gender has no significant relationship with the brand image in impacting the customer loyalty while age and especially monthly income has significant relationship with the brand image in impacting the customer loyalty.  None of the three major contributing factors to brand image including brand favorability, brand strength and brand uniqueness has a significant relationship with the gender of the population.  Brand ambassador endorsement, attractive packaging / delivery and after sales service are the major attributes which have a significant relationship with the age of the population, It can be concluded that brand favorability is the major contributing factor in association with the age to the brand image in impacting the customer loyalty.  Brand favorability, attractive packaging / delivery, variety of offerings, after sales service, brand uniqueness and unique offerings are the attributes which have a significant relationship with the monthly income of the population. The conclusion which can be drawn out of this is that all of the three contributing factors to the Brand Image namely: Brand Favorability, Brand Strength and Brand Uniqueness has a significant relationship with the Monthly Income and hence they surely have an impact on the customer loyalty.
  • 24. 20 REFERENCES  https://www.emeraldinsight.com/doi/abs/10.1108/10610420510583716  http://eprints.usm.my/35951/1/AAMJ_12-1-6.pdf  https://www.tandfonline.com/doi/abs/10.1080/13527260902757530  http://socioline.ru/files/5/283/kotler_keller_- _marketing_management_14th_edition.pdf  https://www.emeraldinsight.com/doi/abs/10.1108/09590551011085957?mobileUi=0 &journalCode=ijrdm  https://www.researchgate.net/publication/233664260_Online_corporate_brand_image _satisfaction_and_loyalty  https://www.researchgate.net/profile/Fransisca_Andreani/publication/267784984_The _Impact_of_Brand_Image_Towards_Loyalty_with_Satisfaction_as_A_Mediator_in_ McDonald%27s/links/546461d70cf2c0c6aec50910/The-Impact-of-Brand-Image- Towards-Loyalty-with-Satisfaction-as-A-Mediator-in-McDonalds.pdf  https://www.researchgate.net/publication/215915908_Bringing_the_corporation_into _corporate_branding  https://www.sciencedirect.com/science/article/pii/S0969698905000585  https://www.researchgate.net/publication/233664260_Online_corporate_brand_image _satisfaction_and_loyalty
  • 25. 21 APPENDIX A Distribution of Chi-Square DF 0.99 0.975 0.95 0.90 0.10 0.05 0.025 0.01 1 __ 0.001 0.004 0.016 2.706 3.841 5.024 6.635 2 0.020 0.051 0.103 0.211 4.605 5.991 7.378 9.210 3 0.115 0.216 0.352 0.584 6.251 7.815 9.348 11.345 4 0.297 0.484 0.711 1.064 7.779 9.488 11.143 13.277 5 0.554 0.831 1.145 1.610 9.236 11.041 12.833 15.086 6 0.872 1.237 1.635 2.204 10.645 12.592 14.449 16.812 7 1.239 1.690 2.167 2.833 12.017 14.067 16.013 18.475 8 1.646 2.180 2.733 3.490 13.362 15.507 17.535 20.090 9 2.088 2.700 3.325 4.168 14.684 16.919 19.023 21.666 10 2.558 3.247 3.940 4.865 15.987 18.307 20.483 23.209 11 3.053 3.816 4.575 5.578 17.275 19.675 21.920 24.725 12 3.571 4.404 5.226 6.304 18.549 21.026 23.337 26.217 13 4.107 5.009 5.892 7.042 19.812 22.362 24.736 27.688 14 4.660 5.629 6.571 7.790 21.064 23.685 26.119 29.141 15 5.229 6.262 7.261 8.547 22.307 24.996 27.48 30.578 16 5.812 6.908 7.962 9.312 23.542 26.296 28.845 32.000 17 6.408 7.564 8.672 10.085 24.769 27.587 30.191 33.409 18 7.015 8.231 9.390 10.865 25.989 28.869 31.526 34.805 19 7.633 8.907 10.117 11.651 27.204 30.144 32.852 36.191 20 8.260 9.591 10.851 12.443 28.412 31.410 34.170 37.566 21 8.897 10.283 11.591 13.240 29.615 32.671 35.479 38.932 22 9.542 10.982 12.338 14.042 30.813 33.924 36.781 40.289 23 10.196 11.689 13.091 14.848 32.007 35.172 38.076 41.638 24 10.856 12.401 1.848 15.659 33.196 36.415 39.364 42.980 25 11.524 13.120 14.611 16.473 34.382 37.652 40.646 44.314 26 12.198 13.844 15.379 17.292 35.563 38.885 41.923 45.642 27 12.879 14.573 16.151 18.114 36.741 40.113 43.194 46.963 28 13.565 15.308 16.928 18.939 37.916 41.337 44.461 48.278 29 14.257 16.047 17.708 19.768 39.087 42.557 45.722 49.588 30 14.954 16.791 18.493 20.599 40.256 43.77 46.979 50.892
  • 26. 22 APPENDIX B Questionnaire Hello! We are a group of Management students trying to analyze the Impact of Brand Image on Customer Loyalty, please fill the following Questionnaire. Your responses will be kept confidential. Thank You! 1. Brand Favorability is an important factor in repurchase and recommendation of a brand. Strongly Disagree Disagree Undecided Agree Strongly Agree 2. Brand Ambassador Endorsements is a contributing factor in brand repurchase and recommendation. Strongly Disagree Disagree Undecided Agree Strongly Agree
  • 27. 23 3. Attractive product packaging / service delivery is a decisive factor in repurchase and recommendation of a brand. Strongly Disagree Disagree Undecided Agree Strongly Agree 4. Brand Strength is an important factor in brand repurchase and recommendation. Strongly Disagree Disagree Undecided Agree Strongly Agree 5. Variety of offerings is a factor in repurchase and recommendation of products/services offered by a brand. Strongly Disagree Disagree Undecided Agree Strongly Agree
  • 28. 24 6. After sales service is a major reason in repurchase and recommendation of a brand. Strongly Disagree Disagree Undecided Agree Strongly Agree 7. Brand Uniqueness is a decisive factor in repurchase and recommendation of a brand. Strongly Disagree Disagree Undecided Agree Strongly Agree 8. Unique set of offerings by a brand is an important reason of repurchase and recommendation. Strongly Disagree Disagree Undecided Agree Strongly Agree
  • 29. 25 9. Unique buying experience offered by a brand is decisive in repurchase and recommendation of a Brand. Strongly Disagree Disagree Undecided Agree Strongly Agree Section: Demographics 1. Gender Female Male Other 2. Age >=18 19-30 29-40 39-50 49-60 60<
  • 30. 26 3. Income under ₹ 15,000 ₹ 15,000 to ₹ 29,999 ₹ 30,000 to ₹ 49,999 ₹ 50,000 to ₹ 74,999 ₹ 75,000 to ₹ 99,999 ₹ 100,000 to ₹ 150,000 over ₹ 150,000