The role of perceived value in vertical brand extensions of luxury and premium brands

Jose M. Pina, Rafael Bravo, Francesca Dall'Olmo Riley

    Research output: Contribution to journalArticlepeer-review

    Original languageEnglish
    Pages (from-to)881-913
    JournalJournal of Marketing Management
    Volume31
    Issue number7-8
    Early online date6 Jan 2015
    DOIs
    Publication statusPublished - 2015

    Bibliographical note

    Note: The authors would like to thank Banco Santander for providing funds enabling the first author to visit her co-authors at the University of Zaragoza and complete the final revisions of the manuscript.

    Impact: The study establishes the role of perceived extension value as a mediator of the relationships of brand attitude and of extension attitude with the purchase intention of vertical extensions of premium and luxury brands in two product categories. The product category affects some of the relationships in the model: the association between fit and perceived value is statistically significant only for the more conspicuous category of cars. No earlier study had undertaken such a comprehensive empirical analysis.

    Keywords

    • Business and management studies
    • SEM-PLS
    • luxury brand
    • mediating variable
    • perceived value
    • purchase intention
    • vertical brand extension

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