Friday, January 3, 2020

Country of origin, consumers Perception and Brand Image

Country of origin, consumer s Perception and Brand Image Introduction The impact of country of origin (COO) on the consumer s perception of products has been one of the most widely studied areas of international marketing. Increasing globalization of today s business has resulted in unprecedented problems for manufacturers, marketers, and consumers (L. Y. Lin Chen, 2006). The country of origin (where a product is made) touches both consumer evaluations of the product as well as the firm s decision to manufacture its goods in certain countries and how to brand (Parkvithee Miranda, 2012). Country-of-origin or in other words the Made in is a concept which states that people constitutes attitudes and believes shaping the†¦show more content†¦Consumers tend to recall the stored information about the brand and the country in question and then they relate the brand name with the COO to form a brand image and infer the product evaluation (Scott and Keith, 2005; Koubaa, 2008, p.141). Brand image is the reasoned or emotional perceptions consumers attach to a specific brand. It consists of functional and symbolic brand beliefs (Dobni and Zinkhan, 1990; Koubaa, 2008, p.141). Brand image is made up of brand associations. ‘‘Brand associations are the category of brand’s assets and liabilities that include anything ‘‘linked’’ in memory to a brand’’ (Aaker, 1991; Koubaa, 2008, p.141). â€Å"The ‘essence’ of the brand is a single simple value, easily understood and valued by consumer† (Arnold, 1992, p. 17; Pappu, Quester and Cooksey 2006, p.697).When brands are competing in the international arena, marketing managers should understand how to maintain the core essence of their brand across international boundaries. Examining how country of origin impacts brand image and its associated dimensions (e.g. perceived quality, brand associations) should reveal the means to protect or enhance the core essence of a brand. The country of origin of a product is an important marketing element known to influence consumer perceptions as well as behavior. Conversely, an inferior country of origin could tarnish a brand name (Thakor and Katsanis, 1997; Pappu, Quester and Cooksey, 2006, p.697).Show MoreRelatedUnderstanding the Relation between Country Image and Consumer Brand Equity868 Words   |  4 PagesUnderstanding the relation between country image and consumer brand equity is very important for many reasons, first the spread of globalization and the increase of international businesses which facilitate the transfer of the products from one country to consumers in other countries. Second, firms in developed countries start to shift the production lines to other countries to benefit from the cheap labor and low transportation cost. Finally firms sell their products in other countries for strategic reasonsRead MoreGlobal Brand and Local Brand1446 Words   |  6 Pagesï » ¿Global brands Vs. 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