Rebranding strategy in the international context: the role of country image
Afef Ben Youssef Zghidi, Faouzia Mida, Imed Zaiem
Abstract
Afef Ben Youssef Zghidi, Faouzia Mida, Imed Zaiem
Abstract
Market globalisation and competitive intensity drive certain managers to revise their brand strategies. In this respect, the present article questions the consequences of a rebranding strategy of a service provider, especially in the international context. The focus is on testing the impact of this change on customer-based brand equity and the role of country image on customers evaluations. The empirical study was conducted in Tunisia and focused on a rebranding strategy of a mobile telephone operator. A total of 180 individuals participated in this survey. The results showed that brand loyalty before rebranding has a negative effect on only one dimension of the consumer attitude towards rebranding. The latter variable has a direct and positive impact on customer-based brand equity. In fact, the more favourable consumer attitude towards rebranding is, the higher the level of customer-based brand equity becomes. Furthermore, the global image of the country of origin has a moderating effect on the latter relation.
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Market globalisation and competitive intensity drive certain managers to revise their brand strategies. In this respect, the present article questions the consequences of a rebranding strategy of a service provider, especially in the international context. The focus is on testing the impact of this change on customer-based brand equity and the role of country image on customers evaluations. The empirical study was conducted in Tunisia and focused on a rebranding strategy of a mobile telephone operator. A total of 180 individuals participated in this survey. The results showed that brand loyalty before rebranding has a negative effect on only one dimension of the consumer attitude towards rebranding. The latter variable has a direct and positive impact on customer-based brand equity. In fact, the more favourable consumer attitude towards rebranding is, the higher the level of customer-based brand equity becomes. Furthermore, the global image of the country of origin has a moderating effect on the latter relation.
Key concepts: Rebranding, Brand equity, Business, Brand loyalty, Advertising, Marketing, Context (archaeology), Brand awareness