Discriminant analysis of Aaker's brand equity model on top-of-mind awareness/brand preference congruence in prospective hospital patients | Posted on:2008-07-03 | Degree:D.B.A | Type:Dissertation | University:Anderson University | Candidate:Bohrer, Monty F | Full Text:PDF | GTID:1449390005478309 | Subject:Business Administration | Abstract/Summary: | | This study examined Aaker's (1991) theory of brand equity and the influence the assets of brand equity (brand association, brand awareness, perceived quality, and brand loyalty) had on a prospective patient's top-of-mind awareness/brand preference (TOMA/BP) congruence of a hospital. Aaker's theory suggests that these assets are linked to the brand and add value to the product or service being offered.;The TOMA/BP congruence implies that a relationship exists between top-of-mind awareness (TOMA) and brand preference (BP) and seeks to answer the question: is the hospital that comes to the top of a patient's mind (after they experience, see, or hear about a hospital's brand, advertising message, or service) the one they would prefer to attend? For this study, TOMA refers to the first hospital brand that comes to the mind of a prospective patient after exposure to some type of representation of branding activities. Brand preference refers to a patient's preferred brand of a hospital or the hospital most likely to be chosen by the patient when a need arises. Since having TOMA does not necessarily mean a patient has BP, it was important in this study to test for the relationship.;Two hypotheses tested whether the assets of brand equity had a relationship with a prospective patient's TOMA/BP congruence. Both were tested using a final survey of 225 prospective new patients who recently moved to a medium-sized Midwestern city. Statistical analyses indicated support for both hypotheses, and results indicated that incorporation of Aaker's theory of brand equity would be significant in predicting a prospective patient's brand preference of a hospital.;Conclusions that can be drawn from this study are first, the theory of brand equity was supported. Second, the model introduced in the research worked in providing a means to predicting a prospective patient's brand preference of a hospital. Finally, it contributes to the research in marketing specifically in three areas: brand equity theory, the relationship between top-of-mind awareness and brand preference, and the field of hospital marketing. | Keywords/Search Tags: | Brand, Hospital, Top-of-mind, Aaker's, Prospective, Theory, Awareness, Congruence | | Related items |
| |
|