Brand experience and consumers’ willingness-to-pay (WTP) a price premium: Mediating role of brand credibility and perceived uniqueness
By Abhishek Dwivedi, Tahmid Nayeem, Feisal Murshed. Journal of Retailing and Consumer Services, 2018
244 citations recorded by the source corpus.
Abstract How brand experience can be leveraged to enhance profitability is attracting growing interest from both practitioners and academics. This study develops and empirically validates a conceptual model that investigates how brand experience may influence consumers’ willingness-to-pay (WTP) a price premium, as mediated by brand credibility and perceived uniqueness. Based on data collected from 405 new automobile buyers, analysis reveals that brand experience affects consumers’ WTP a price premium directly as well as indirectly through brand credibility and perceived uniqueness. This research contributes in the domains of experiential marketing, brand management, and pricing strategy and offers actionable insights for managerial practice.
Subfields: Marketing, Organizational Behavior and Human Resource Management, Sociology and Political Science
View Paper: https://www.semanticscholar.org/paper/a7508d5641eae69a6de92a7510ba5665a61fb8f8
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In Marketing
In Organizational Behavior and Human Resource Management
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Citations in the corpus
- Testing mediation roles of place attachment and tourist satisfaction on destination attractiveness and destination loyalty relationship using phantom approach (2020, background): “In this section, the phantom model is constructed for estimating specific indirect effect but they are entirely disconnected which does not influence the estimation of the parameters in the research model (Plomp et al., 2019; Dwivedi et al., 2018).”