Marketing Mix and the Brand Reputation of Nokia
Market Forces April 2008
Vol. 4 No.
MARKETING MIX & BRAND
RESEARCH
MARKETING MIX AND THE BRAND REPUTATION OF NOKIA
SYED EHTESHAM ALI College of Management Sciences PAF-Karachi Institute of Economics and Technology E-mail: s_ehtesham_ali@hotmail.com
Abstract Pakistan’s mobile phone market is growing very fast. The most selling brand in the market is Nokia. A hypothesis was developed that the reputation of a brand is a source of demand and the competitively superior quality image justifies a premium price. In this survey we assessed the reasons for preference of this brand based on established parameters of marketing mix (the 4 Ps). The objective of this study was to measure the extent of preference of these parameters. For this purpose a questionnaire was developed and administered to 240 respondents. The alternate hypothesis that at least one of the predictor variables would have a linear relationship with the dependent variable brand reputation was accepted. R² is 0.53, which indicates that about 53% of the variation on the dependent variable is explained by the predictor variable, which is significantly moderate. Among all the independent variables the slope for the product quality and promotion (advertising & communication) were higher than the rest. Regression coefficients for product quality and promotion (advertising & communication) were 0.95 and 0.85 respectively. This means that an increase in one rating (on the scale of five to one) of product quality and promotion (advertising & communication) would cause brand reputation to increase by 0.95 and 0.85 rating respectively.
1.0.0 OBJECTIVE:
The objective of this study was to measure how elements of marketing mix and their relationship affect the brand reputation of Nokia mobile phone. Though the marketing mix concept such as product, price, place and promotion are very important in analyzing the marketing strategy, the scope of the study was mainly
MARKET FORCES APRIL-2008
15
Vol. 4 No.
MARKETING MIX & BRAND
RESEARCH
MARKETING MIX AND THE BRAND REPUTATION OF NOKIA
SYED EHTESHAM ALI College of Management Sciences PAF-Karachi Institute of Economics and Technology E-mail: s_ehtesham_ali@hotmail.com
Abstract Pakistan’s mobile phone market is growing very fast. The most selling brand in the market is Nokia. A hypothesis was developed that the reputation of a brand is a source of demand and the competitively superior quality image justifies a premium price. In this survey we assessed the reasons for preference of this brand based on established parameters of marketing mix (the 4 Ps). The objective of this study was to measure the extent of preference of these parameters. For this purpose a questionnaire was developed and administered to 240 respondents. The alternate hypothesis that at least one of the predictor variables would have a linear relationship with the dependent variable brand reputation was accepted. R² is 0.53, which indicates that about 53% of the variation on the dependent variable is explained by the predictor variable, which is significantly moderate. Among all the independent variables the slope for the product quality and promotion (advertising & communication) were higher than the rest. Regression coefficients for product quality and promotion (advertising & communication) were 0.95 and 0.85 respectively. This means that an increase in one rating (on the scale of five to one) of product quality and promotion (advertising & communication) would cause brand reputation to increase by 0.95 and 0.85 rating respectively.
1.0.0 OBJECTIVE:
The objective of this study was to measure how elements of marketing mix and their relationship affect the brand reputation of Nokia mobile phone. Though the marketing mix concept such as product, price, place and promotion are very important in analyzing the marketing strategy, the scope of the study was mainly
MARKET FORCES APRIL-2008
15
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