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An Exploratory Study of Brand Success: Evidence From the Food Industry
Authors:Nebojša St Davčik  Jonas Rundquist
Institution:1. Instituto Universitario de Lisboa (IUL) , Lisbon , Portugal davcik@live.com;3. Halmstad University , Halmstad , Sweden
Abstract:The goal of this research is to identify drivers that influence the brand success, in order to develop a more effective business strategy. An abductive theory approach is adopted and food managers from Italy and Sweden were questioned. The authors modeled the eight correlated first-order factors, using seven independent variables and the dependent variable brand success. The variance-based structural equation modeling approach (partial least square PLS] algorithm) have been applied. This study provides insight and empirical evidence on brand success. The findings can be employed as more effective brand strategies in a sector that has been under-investigated in academic literature and practice.
Keywords:brand success  branding  food industry  italy  PLS  Sweden  variance-based SEM
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