The Effect of Brand Association and Brand Image on the Brand Awareness of Lithuanian Companies of Digital Products

Šakytė-Statnickė Gita ()
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Šakytė-Statnickė Gita: Klaipėdos valstybinė kolegija, Higher Education Institution, Klaipėda, Lithuania

Organizacija, 2024, vol. 57, issue 4, 392-400

Abstract: Purpose Brand awareness enables brand recognition in different market conditions, which is very important for companies selling digital products or providing digital services. Purpose of this paper is to determine the effect of brand association and brand image on the brand awareness of Lithuanian companies of digital products. These factors are important and have an impact on brand awareness, but their impact on the brand awareness of digital products in particular has not been investigated. Methods A questionnaire was conducted to a sample of 403 consumers who buy and use digital products in Lithuania. The Multiple Linear Regression (MLR) model was created and a statistically significant direct positive impact of brand association and brand image on brand awareness of companies of digital products was determined. Results The empirical research of the effect of brand association and brand image on the brand awareness of Lithuanian companies of digital products revealed a statistically significant direct positive impact of brand association and brand image on brand awareness of companies of digital products. The strongest direct positive impact of brand image on brand awareness than brand association. Conclusion The findings of research provide valuable insights into the crucial role played by brand association and brand image in building brand awareness for companies of digital products.

Keywords: Brand Awareness; Brand Association; Brand Image; Digital Products (search for similar items in EconPapers)
Date: 2024
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Persistent link: https://EconPapers.repec.org/RePEc:vrs:organi:v:57:y:2024:i:4:p:392-400:n:1006

DOI: 10.2478/orga-2024-0028

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