2018
DOI: 10.22610/jebs.v10i5(j).2498
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The Influence of Packaging and Brand Equity on Over-The-Counter Herbal Medicines in Kumasi, Ghana

Abstract: In today`s competitive business environment, packaging and brand equity provide a competitive advantage to a firm which may increase and maintain its market share. However, the role of packaging in supporting the brand equity is relatively new in the over-the-counter pharmaceutical market and currently, there is a lack of empirical research to uncover its significance in this product segment. This paper seeks to investigate the impact of packaging on brand equity through the mediating effect of dimensions of b… Show more

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Cited by 5 publications
(5 citation statements)
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“…The USP, designed to offer exclusive benefits to customers, is often an essential measure of a company's brand policy that supports to remain remarkable and make a constructive impression in consumer's eyes. According to a researcher, price awareness is usually measured on the basis of price knowledge 10 . The study offered a broader price awareness using three different factors, namely: price knowledge, finding prices in stores and searching for prices between stores, a method developed by investigator.…”
Section: Discussionmentioning
confidence: 99%
“…The USP, designed to offer exclusive benefits to customers, is often an essential measure of a company's brand policy that supports to remain remarkable and make a constructive impression in consumer's eyes. According to a researcher, price awareness is usually measured on the basis of price knowledge 10 . The study offered a broader price awareness using three different factors, namely: price knowledge, finding prices in stores and searching for prices between stores, a method developed by investigator.…”
Section: Discussionmentioning
confidence: 99%
“…Thus, the scale items used to measure perceived quality were obtained from Gil et al (2007) and Yoo et al (2000) and brand equity was developed by Yoo et al (2000). Again, test items of brand loyalty were from Tong and Hawley (2009) and Yoo et al (2000) and that of packaging was from Oppong and Phiri (2018b).…”
Section: Scale Items Design and Data Collection Methodsmentioning
confidence: 99%
“…It has also been contended that packaging has a positive impact on brand equity via the point-of-difference created by functional or aesthetic packaging attributes, or indirectly via the role of brand image and awareness (Keller, 2013;Klimchuk & Krasovec, 2006). Prior studies also indicated that packaging positively influences perceived product quality (Underwood & Klein, 2002;Wang, 2013;Mensah et al, 2022) and brand loyalty (Dhurup et al, 2014;Oppong & Phiri, 2018b).…”
Section: Packagingmentioning
confidence: 99%
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“…Therefore, it is naturally used as the main basis for the identification of all medicinal plants. With the increasing development of image processing, automatic computer image recognition is now widely used in this regard [9,10].…”
Section: Introductionmentioning
confidence: 99%