KEY DRIVERS OF BRAND EQUITY IN FAST FOOD BUSINESSES. A CASE OF KITWE DISTRICT

This study aims to identify and investigate the factors that influence brand equity in the fast-food business in Kitwe district of Zambia. Unlike other studies, a holistic approach that examined all the Consumer Based Brand Equity (CBBE) drivers of Brand equity (BE) was used. This study used cross-sectional data with a survey approach to collect appropriate data from a randomly selected sample of 400 respondents through online forms. The results showed that among the five determinants of BE, brand awareness, brand loyalty, and perceived quality were found to have a significant effect on BE in fast food businesses. Fast food businesses, especially those in the Kitwe district, should consider creating a loyal customer base by ensuring that their clientele base is kept informed, responding to their complaints, which in the long run enhances their relationships. The results are effective for fast food business firms in developing the necessary business functions that attract more consumers and ensure maximum utility.

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Publication Details

Journal
Management Theory and Studies for Rural Business and Infrastructure Development
Published
2024-09-30
DOI
https://doi.org/10.15544/mts.2024.39
Primary Topic
Consumer Behavior in Brand Consumption and Identification
Type
article
Field-Weighted Citation Impact
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article

KEY DRIVERS OF BRAND EQUITY IN FAST FOOD BUSINESSES. A CASE OF KITWE DISTRICT

Bravo Muchuu
Management Theory and Studies for Rural Business and Infrastructure Development
Consumer Behavior in Brand Consumption and Identification
article

KEY DRIVERS OF BRAND EQUITY IN FAST FOOD BUSINESSES. A CASE OF KITWE DISTRICT

Bravo Muchuu
article en

Abstract

This study aims to identify and investigate the factors that influence brand equity in the fast-food business in Kitwe district of Zambia. Unlike other studies, a holistic approach that examined all the Consumer Based Brand Equity (CBBE) drivers of Brand equity (BE) was used. This study used cross-sectional data with a survey approach to collect appropriate data from a randomly selected sample of 400 respondents through online forms. The results showed that among the five determinants of BE, brand awareness, brand loyalty, and perceived quality were found to have a significant effect on BE in fast food businesses. Fast food businesses, especially those in the Kitwe district, should consider creating a loyal customer base by ensuring that their clientele base is kept informed, responding to their complaints, which in the long run enhances their relationships. The results are effective for fast food business firms in developing the necessary business functions that attract more consumers and ensure maximum utility.

Management Theory and Studies for Rural Business and Infrastructure DevelopmentVol. 46(3)
Mendel University in Brno (CZ)
Zero hunger
Openalex Percentile: Top 75%
Consumer Behavior in Brand Consumption and Identification
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KEY DRIVERS OF BRAND EQUITY IN FAST FOOD BUSINESSES. A CASE OF KITWE DISTRICT — Bravo Muchuu · Management Theory and Studies for Rural Business and Infrastructure Development (2024) | TGRS Research Map | TGRS