Today’s consumer needs and trend are rapidly changed, and the changes are quickly processed in the food service industry sensitive to the trend. Therefore, the food service industry had a limit to its growth as a single brand, so it has selected the...
Today’s consumer needs and trend are rapidly changed, and the changes are quickly processed in the food service industry sensitive to the trend. Therefore, the food service industry had a limit to its growth as a single brand, so it has selected the extension strategy of a multi-brand based on well-constructed parent brand equity.
This study aimed to look into the effects of brand awareness, brand image, perceived quality, and brand loyalty that are parent brand equity factors on the extended brand attitude and purchasing intention.
This study selected franchise restaurants such as Nolbu(NBG), CJ Foodville, Genesis BBQ, Sun@Food, and Bon IF as its subject, and the survey of consumers that used one parent brand and one extended brand from the parent brand among the five restaurants was conducted and 344 questionnaires were used as the valid sample.
For the empirical analysis, the data with reliability and validity through the reliability test, exploratory factor analysis, and confirmatory factor analysis by using SPSS Win 12.0 and AMOS 5.0 was used for relevance and hypothesis testing of the theoretical model.
The results of the study are as follows.
First, perceived quality and brand loyalty among parent brand equity factors affected positively the extended brand attitude.
Second, brand awareness and brand image among parent brand equity factors didn’t affect the extended brand attitude.
Third, the extended brand attitude gave an effect on purchasing intention of the extended brand.
This study provided the frame of strategies to manage efficiently parent brand equity and the extend brand to marketing employees in the service food industry.
Perceived quality and brand loyalty in the food service industry were factors influencing the extended brand attitude, so they were considered as the essential factors in managing parent brand equity. Therefore, the industry should aware the parent brand positively and manage the quality in order for consumers to continue to visit by providing comprehensive and high quality services.
However, brand awareness and brand image that were the parent brand equity in the food service industry didn’t affect the extended brand attitude, so it needs to review management of parent brand equity and extended brand.