The purpose of this article is to explore the impact of brand experience dimensions on brand evaluation and brand loyalty. The study used convenience-sampling technique and measured the relationship between brand experience dimensions, overall brand evaluation and brand loyalty. Factor analysis confirmed that brand experience has two major dimensions: emotional brand experience and cognitive brand experience. Using structural equation modelling, the study reveals that emotional and cognitive brand experience dimensions affect brand evaluation, and brand evaluation influences brand loyalty. With the increased importance of brand experience, marketers need to understand various dimensions of brand experience and find how it influences other brand variables. With the growing importance to brand experience dimensions, the study will add value to the existing literature. The current study from the Indian context would benefit both academia and marketing managers. Future researchers can test the model for a specific set of products/service categories and specific set of customers. Researchers can also explore the relation among various brand experience dimensions and other brand constructs.
The m-wallet apps market in India is an evolving industry. M-wallet app companies could use the consumer insights from this study to design suitable strategies to retain existing users and attract new customers. Earlier studies in m-wallet app adoption in India have been restricted to GPRS services only. This study is unique in extending use of the UTAUT model theoretical framework to understand the factors influencing customers using the evolved 4G technology in India. The research hypothesis, based on the extended UTAUT model, was empirically tested using structural equation modeling. There was a significant improvement in the overall explanatory power of the extended UTAUT model over the original UTAUT.
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