3rd International Conference on Scientific and Academic Research, Konya, Türkiye, 25 - 26 Aralık 2023, cilt.1, sa.7, ss.168-171
This study tests the construct validity of a
research model to explain the paths between both brand association (BA) and
brand equity (BE), and between brand relevance (BR) and brand equity (BE). This
study examines the effects of brand association and brand relevance on brand
equity. An online survey was used as a data collection tool, and data were
collected from 226 bank customers. Various statistical analyses were carried
out to analyze the data obtained. Structural equation modeling (SEM) was used
to test the research model. As a result of SEM, the research model has
structural validity, and all the hypotheses proposed are supported. The effects
of brand association and brand relevance on brand equity are positive and
significant. A discussion of the study results is provided.