Effects of store image and store brand price-image on store brand purchase intention: Application to an emerging market

Several factors have been underlined to explain store brands' (SBs) purchase behavior. This research investigates jointly the effect of store image perceptions, SB price-image and perceived risk toward SBs on SB purchase intention in the context of an emerging market (Brazil). Data were collected from a consumer survey with 379 respondents randomly selected. Structural equation modeling was used to test the hypothesized relationships. Our results show that store image perceptions and SB price-image influence significantly SB purchase intention directly or indirectly via the effect of perceived risk toward SBs. These findings are discussed and their theoretical and managerial implications are provided.

[1]  Allard C. R. van Riel,et al.  Modelling consumer responses to an apparel store brand: Store image as a risk reducer , 2009 .

[2]  B. Jin,et al.  Integrating effect of consumer perception factors in predicting private brand purchase in a Korean discount store context , 2005 .

[3]  Gordon W. Cheung,et al.  Testing Mediation and Suppression Effects of Latent Variables , 2008 .

[4]  Stephan Zielke,et al.  Exploring asymmetric effects in the formation of retail price satisfaction , 2008 .

[5]  A. Jain,et al.  Extrinsic and Intrinsic Cue Effects on Perceptions of Store Brand Quality , 1994 .

[6]  V. Zeithaml Consumer Perceptions of Price, Quality, and Value: A Means-End Model and Synthesis of Evidence: , 1988 .

[7]  Vincent‐Wayne Mitchell,et al.  Re-conceptualizing consumer store image processing using perceived risk , 2001 .

[8]  Richard G. Netemeyer,et al.  Price Perceptions and Consumer Shopping Behavior: A Field Study , 1993 .

[9]  Scot Burton,et al.  Antecedents of private label attitude and national brand promotion attitude: similarities and differences , 2002 .

[10]  P. Bentler,et al.  Cutoff criteria for fit indexes in covariance structure analysis : Conventional criteria versus new alternatives , 1999 .

[11]  Janjaap Semeijn,et al.  Consumer evaluations of store brands: effects of store image and product attributes , 2004 .

[12]  Michael R. Hyman,et al.  Review of literature – Future research suggestions: Private label brands: Benefits, success factors and future research , 2010 .

[13]  Indrajit Sinha,et al.  Consumer-level factors moderating the success of private label brands , 2000 .

[14]  Lien Lamey,et al.  How Business Cycles Contribute to Private-Label Success: Evidence from the United States and Europe , 2007 .

[15]  Celina González Mieres,et al.  Antecedents of the difference in perceived risk between store brands and national brands , 2006 .

[16]  Katherine B. Hartman,et al.  Recapturing store image in customer-based store equity: a construct conceptualization , 2005 .

[17]  J. Steenkamp,et al.  Marketing renaissance: How research in emerging markets advances marketing science and practice , 2006 .

[18]  David Mazursky,et al.  Exploring the Development of Store Images , 1986 .

[19]  George Baltas,et al.  Consumer characteristics and demand for store brands , 2007 .

[20]  D. Iacobucci,et al.  A Meditation on Mediation: Evidence that Structural Equations Models Perform Better than Regressions , 2007 .

[21]  J. Steenkamp,et al.  Private Label Strategy: How to Meet the Store Brand Challenge , 2007 .

[22]  Michael J. Ryan,et al.  An Investigation of Perceived Risk at the Brand Level , 1976 .

[23]  Kevin Lane Keller,et al.  Understanding retail branding: conceptual insights and research priorities , 2004 .

[24]  Stephan Zielke,et al.  How price image dimensions influence shopping intentions for different store formats , 2010 .

[25]  A. Paswan,et al.  Private label brand image: its relationship with store image and national brand , 2006 .

[26]  David W. Gerbing,et al.  An Updated Paradigm for Scale Development Incorporating Unidimensionality and Its Assessment , 1988 .

[27]  Gilbert A. Churchill A Paradigm for Developing Better Measures of Marketing Constructs , 1979 .

[28]  Rangamohan V. Eunni,et al.  Determinants of FDI in emerging markets: evidence from Brazil , 2010 .

[29]  Jonathan Reynolds,et al.  Own brands in food retailing across Europe , 1994 .

[30]  Eugene D. Jaffe,et al.  Launching store brands in emerging markets: resistance crumbles , 2007 .

[31]  Dhruv Grewal,et al.  The Effect of Store Name, Brand Name and Price Discounts on Consumers' Evaluations and Purchase Intentions , 1998 .

[32]  R. Bagozzi,et al.  On the evaluation of structural equation models , 1988 .

[33]  Rex B. Kline,et al.  Principles and Practice of Structural Equation Modeling , 1998 .

[34]  C. Fornell,et al.  Evaluating structural equation models with unobservable variables and measurement error. , 1981 .

[35]  Devon DelVecchio,et al.  Consumer perceptions of private label quality: the role of product category characteristics and consumer use of heuristics , 2001 .

[36]  Eva Martínez,et al.  Characterisation of Spanish store brand consumers , 2008 .

[37]  José I. Rojas-Méndez,et al.  Consumer preferences of store brands: Role of prior experiences and value consciousness , 2009 .

[38]  C. Collins-Dodd,et al.  Store brands and retail differentiation: the influence of store image and store brand attitude on store own brand perceptions , 2003 .

[39]  Dhruv Grewal,et al.  Emerging Issues in Retailing Research , 2009 .

[40]  James C. Anderson,et al.  STRUCTURAL EQUATION MODELING IN PRACTICE: A REVIEW AND RECOMMENDED TWO-STEP APPROACH , 1988 .

[41]  G. Dowling Perceived risk: The concept and its measurement , 1986 .

[42]  Scot Burton,et al.  A scale for measuring attitude toward private label products and an examination of its psychological and behavioral correlates , 1998 .

[43]  C. Samuel Craig,et al.  Collaborative and Iterative Translation: An Alternative Approach to Back Translation , 2007 .

[44]  R. Purc-Stephenson,et al.  Reporting practices in confirmatory factor analysis: an overview and some recommendations. , 2009, Psychological methods.