43rd International Conference on Tourism & Management Sciences
  • Follow

Accepted Abstracts

Assessing the Brand Equity of Majid Brand in Comparison with Nike from the Perspective of Iranian Consumers

 Morteza Rezaei* and Esmaeil Sharifian
Shahid Bahonar University of Kerman, Iran.

Citation: Rezaei M, Sharifian E (2023) Assessing the Brand Equity of Majid Brand in Comparison with Nike from the Perspective of Iranian Consumers. SciTech Management Sciences 2023.

Received: July 18, 2023         Accepted: July 21, 2023         Published: July 21, 2023

Abstract

The importance of brand equity is due to its strategic role in gaining a competitive advantage in the market. The purpose of this study was to assess the brand equity of Majid in comparison with Nike from the perspective of Iranian consumers. The research method was survey in terms of data collection and descriptive-correlation in terms of research method. The statistical population of this study was Sport good consumers and are in the range of 18 to 45 years old. 384 sport good consumers completed an online questionnaire through random sampling. The reliability of the questionnaire was calculated based on Cronbach's alpha coefficient. Results of the Pearson correlation test revealed that there is a significant relationship between brand equity and its components in both brands. The results showed that according to the paired t-test, the Nike brand has higher brand equity than Majid brand in the perspective of Iranian consumers. Also, for the Iranian consumers, the quality of the brand is very important compared to other features of brand equity.
Keywords: Brand Awareness, Brand association, Perceived quality, Iranian consumers, Brand loyalty