http://www.iaeme.com/IJM/index.asp 1683 editor@iaeme.com
International Journal of Management (IJM)
Volume 11, Issue 9, September 2020, pp. 1683-1696. Article ID: IJM_11_09_161
Available online at http://www.iaeme.com/ijm/issues.asp?JType=IJM&VType=11&IType=9
Journal Impact Factor (2020): 10.1471 (Calculated by GISI) www.jifactor.com
ISSN Print: 0976-6502 and ISSN Online: 0976-6510
DOI: 10.34218/IJM.11.09.2020.161
© IAEME Publication Scopus Indexed
CUSTOMER BONDING IN A HOSTILE MARKET
ENVIRONMENT
Parveen Roja M
Associate Professor, Department of Management Studies,
PSNA College of Engineering and Technology, Dindigul, Tamilnadu, India.
Geethanjali N
Associate Professor, Department of Management Studies,
PSNA College of Engineering and Technology, Dindigul, Tamilnadu, India.
Lavanya D
Assistant Professor, Department of Management Studies,
PSNA College of Engineering and Technology, Dindigul, Tamilnadu, India.
ABSTRACT
Purpose
Branding creates the distinctive image and identification whereas rebranding
assures the customers on the quality aspects. It would also lead those customers to act
as recommenders of their brands through positive word of mouth. In a hostile market
where the brand is negatively publicized, the effects of rebranding on the brand
attachment among the regular customers is focused in this study.
Methodology
The study analyzed the responses of 287 regular customers of local packaged milk
brand X. Interview schedule was used to help the respondents to understand and
respond to the questions posed to them.
Findings
The results conclude that in habitual buying, though the negative remarks in the
market affects the rebrand trust negatively, the brand experience influences the brand
satisfaction and the brand attachment than the rebrand trust.
Research limitations
The study was focused on the single product and single privately owned local brand
X. Other public and private brands were not considered for the study.
Practical implications
The study could help the brand managers, marketing managers and retailers to
devise rebranding strategies to create the bonding between their brands and their
customers.