EVOLUTION OF RESEARCH IN THE HOSPITALITY AND TOURISM FIELD

Fevzi Okumus 한국호텔외식관광경영학회 2015 한국호텔외식경영학회 학술발표논문집 Vol.- No.-

EXPLAINING ONLINE BRAND EQUITY WITH WEBSITE INTERACTIVITY THEORY: A STUDY OF CUSTOMER EQUITY

Albert A. Barreda,Fevzi Okumus,Khaldoon Nusair,Anil Bilgihan 글로벌지식마케팅경영학회 2016 Global Marketing Conference Vol.2016 No.7

The Internet is considered as a competitive marketing instrument in advancing business-related information and real-time transaction opportunities (Kumar, 2013). Several brand managers are questioning whether the existent marketing approaches to position their brands, with the purpose to operate in a traditional and online setting, may be enhanced (Liu, 2012). The Internet is recognized as an influential instrument that has changed the manner brands conduct business and the way consumers and businesses interact (Boyland et al., 2013). The distinctive value that the Internet offers over conventional media is the capacity to interact with consumers. This permits practitioners to adjust their presentation to adapt specific consumers’ needs. Contrary to other forms of media, the Internet assists companies to create long-term relationships with its consumers as it allows a distinctive reciprocal communication. This reciprocal communication that distinguishes the latest marketing channels from conventional media is website interactivity (Wang et al., 2013). a mechanized environment the same way as a company does in a traditional environment. It includes communicating with consumers directly, generating an exclusive and individual interaction with them. As a central aspect in technology-mediated communication, Website interactivity has been identified as a critical component to create strong brands (Voorveld et al., 2013). Regardless of the significance of Website interactivity, very limited research was identified in the branding and marketing literature that investigate the influential role of interactivity on brand equity. To this date very few researchers have devoted efforts to investigate the influential impact of Website interactivity on branding constructs. Therefore, this study closes this gap with the conceptualization and the impact of the two dimensions of Website interactivity namely social interactivity and system interactivity on brand equity. Additionally, another contribution is to examine the mediating effect of brand image and brand awareness in the formation of brand equity in the online environment. The study propose a theory-based model of Website interactivity as a precursor to build online brand equity and to examine the relationships among Website interactivity, bran image, brand awareness, and brand equity in the context of branded Websites. Leaning on the fundamentals of branding literature and the Website interactivity theory, a theoretical framework is designed and seven hypotheses are examined. A two-phase analysis is considered, first a Confirmatory factor analysis (CFA) and then a Structural Equation Modeling (SEM). The findings show that the dimensions of Website interactivity impact significantly on the brand awareness and brand image which in turn influence online brand equity. As today limited research has been focused on studying the impact of Website interactivity as a branding instrument. In this study, the authors consider Website interactivity to be the interaction between Websites and individuals. In this sense, Website interactivity is viewed as an essential high-tech capability for building brands (Voorveld et al., 2013) as it allows a reciprocal communication with the system and other users. Current literature indicates that for a more real illustration of the dual dimensions of Website interactivity, studies devote user control as an expression of system interactivity and two-way communication as an expression of social interactivity (Wang et al., 2013). Two-way communication (social interactivity) refers to reciprocal communication between individuals. The dimension is perceived as the interaction between the users and the system (e.g. Website) (e.g. through e-mail, chat or toll-free telephone access to customer service, etc.). The user control (system interactivity) perspective is more concerned with the ability of the user to select content and guide the interaction (Lowry et al., 2006). User control is manifested when individuals are granted the opportunity to select the content and influence the communication. For instance, Web users may feel themselves as possessing user control because they have the capacity to select without restrictions (through an internal search engine).

THE IMPACT OF SYSTEM INTERACTIVITY ON ONLINE BRAND EQUITY: THE MEDIATING EFFECT OF TRUST INTEGRITY IN ONLINE ENVIRONMENTS

Albert A. Barreda,Khaldoon Nusair,Fevzi Okumus,Anil Bilgihan 글로벌지식마케팅경영학회 2016 Global Marketing Conference Vol.2016 No.7

Trusting beliefs are playing an increasingly important role in building customer-based brand equity (CBBE) in the business arena. The present study examines the mediating effect of trusting beliefs on the interactivity-brand equity relationship. An online survey was administered to collect data from randomly selected consumers. The results show that system interactivity impact brand equity directly and indirectly through trust integrity. The present theory-driven model contributes to a better understanding of online brand equity. Therefore, allocating resources to influence the perception of system interactivity and trusting integrity beliefs is valuable to develop online brand equity. This research contributes to the interactivity theory and the relationship marketing theory and it also offers implications for practitioners.

THE MODERATING ROLE OF AGE: THE IMPACT OFWEBSITE INTERACTIVITY ON BRAND DEVELOPMENT IN CHINESE OTA WEBSITES

Ben Haobin,Albert A. Barreda,Khaldoon Nusair,Fevzi Okumus 글로벌지식마케팅경영학회 2016 Global Marketing Conference Vol.2016 No.7

The aim of the present study is to propose a model to examine the relationships among social Website interactivity, brand experience, brand choice, and behavioral intentions in the context of online travel agencies brand websites, as well as to examine the ultimate moderating role of the age of the traveler in the dynamic of this model. Drawing on website interactivity and brand development theories, current research suggests that the inclusion of social website interactivity in the design of online travel agencies brand websites helps to directly and indirectly create a positive brand experience and to enhance the perception of online travel agencies brand websites as valuable. These perceptions may consequently impact the behavior of travelers to pay higher prices and to continue buying from the online travel agencies brand websites. However, while this existent research mostly considers the positive and causal relationships among the aforementioned constructs, there is also some indication that the perceptions of travelers in relation to the proposed relationships change with age, suggesting that older travelers (age above 25) may perceive distinctively the relationships among these constructs in the context of online travel agencies brand websites as compared to younger travelers (aged 18-25). The study attempts to analyze on this relevant and under-examined research topic. This research is mainly based on a sample of travelers who have used an online travel agencies brand websites in China. The empirical findings suggest that social website interactivity, brand experience, and brand choice are essential factors for travelers to be willing to pay higher prices and to continue buying. The empirical findings also suggest that the proposed theoretical framework is adequately adjusted, therefore confirming that the age of the traveler moderates the proposed relationships first between social website interactivity and brand choice, second between brand choice and price premium, third between brand choice and buying intention, and lastly between brand experience and buying intention. Overall, the theory-driven framework accomplishes an acceptable model fit. Additionally, theoretical and practical implications are discussed. Social Website Interactivity (SWI) construct is defined as the reciprocal communication between individuals and technology. Research shows that SWI exerts a positive impact on the user that eventually causes an e-loyal behavior (Cyr et al., 2010). Voorveld et al. (2009) conclude the design of a theoretical model that includes SWI and branding elements is required to brand Websites. The theory explains SWI as a branding tool and its influence on travelers’ perceptions and behaviors in the travel context. Given these findings, the authors of this study predict that OTA Websites that incorporate features of SWI may have a remarkable competence to build a brand online. Based on the given review, it is rational to expect that SWI might influence user perceptions of value and positive brand experience of the OTA branded website. A favorable experience is what reduces perceived risks when buying online and what influences users to revisit the website. Brand selection and brand experience (Morgan-Thomas & Veloutsou, 2013) are key elements to influence consumers’ behavior therefore must have a significant influence on behavioral intentions and willingness to pay premium prices. The current perception in social sciences and behavioral marketing is that age is a critical demographic variable that has direct and moderating role in the impact of interactivity and brand selection, brand selection and willingness to pay higher prices, brand selection and behavioral intentions, and online experience on behavioral intentions (Kirk et al., 2012).