Brand Equity and Purchase Decisions on French Fries Product  in Indonesia

Mentari, Junifer; Gandhy, Abel; Manalu, Doni Sahat Tua; Hardini, Sri Y.K

doi:10.33830/jom.v16i2.955.2020

Cited by 2 publications

(1 citation statement)

References 8 publications

(11 reference statements)

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“…The results of the first study from research by [11] s howed that brand equity could have an effect on purchas ing decisions as much as 59.1%. In this study, brand equ ity has the highest effect on purchasing decisions compa red to brand loyalty..…”

Section: Brand Loyaltymentioning

confidence: 99%

Brand Behavior Applied to Indonesian Millennial Consumers in the Leisure Economics Era

Putritamara¹,

Kusumastuti²,

Huda³

et al. 2022

Proceedings of the 2nd International Conference on Social Science, Humanity and Public Health (ICOSHIP 2021)

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The lazy economy era can support agro-educational tourism for dairy to engage millennial consumers through dairy products. Agro tourism has become an alternative to developing a dairy business. The tourism sector has become a market trend in the leisure economy strategy as a stimulator for economic development in rural areas. Brand has become a major concern for millennial consumers, and it can influence consumer psychology regarding purchasing decisions for agricultural products. It was changed when a pandemic caused a mega shift due to the changing purchasing power of society, especially the assessment of brands. Producers have been unable to rebrand because it has been difficult to understand the characteristics of millennial consumers who are disloyal and the changes in purchasing power during the leisure economics era, so this research aims to synthesize brand equity in the millennial era through meta-analysis with 7 studies published from 2015-2020 (era business-defined IT in 2015). This analysis helped researchers build many kinds of information from several pieces of research that were in line with brand behaviour. It would be a contribution for producers to review consumer behaviour when facing uncertainty. Based on the synthesis results from 7 studies, it is clear that Indonesian millenial consumers have the same perspective on determining purchasing decisions through brand equity. Producers should adapt to adjusting consumer needs based o n social experience as the main element in the mega-shifting phase to obtain market segmentation in accordance with new market trends in order to engage millennial consumers during the sudden shift in economics.Producers should ma ke a brand strategy in this challenging time through empathy, authenticity, and credibility approaches to local products of agrotourism as a developing dairy business..

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Section: Brand Loyaltymentioning

confidence: 99%