Adding Value to Service Brands through Innovation: A Framework for Emerging Economies

View Sample PDF

Author(s): Gozem Guceri-Ucar (Bogazici University, Turkey)and Stefan Koch (Bogazici University, Turkey)
Copyright: 2014
Pages: 26
Source title: Innovations in Services Marketing and Management: Strategies for Emerging Economies
Source Author(s)/Editor(s): Anita Goyal (Indian Institute of Management (IIM), Lucknow, India)
DOI: 10.4018/978-1-4666-4671-1.ch001

Keywords: Business & Management / Business Science Reference / Electronic Services & Service Science / Marketing

Purchase

View Adding Value to Service Brands through Innovation: A Framework for Emerging Economies on the publisher's website for pricing and purchasing information.

Abstract

Innovation is rapidly becoming a central driver in the marketing strategy of many service companies, while its effects on the perceived value of a service brand have yet to be determined. The purpose of this chapter is to explore how introducing an innovation affects the perceived brand equity of services in an emerging economy. The authors propose a conceptual framework that will aid academics in developing detailed causal models in the future, while helping practitioners effectively capitalize on innovation in their branding strategies. Four major factors are identified to have an impact on how innovation affects the perceived value of a service brand in the eyes of customers in emerging economies: (1) innovation characteristics, (2) service industry characteristics, (3) cultural characteristics, and (4) customer characteristics. The qualitative research results support that if utilized correctly marketing activities capitalizing on innovation indeed can make service brands stronger.

The IRMA Community

Research IRM

Adding Value to Service Brands through Innovation: A Framework for Emerging Economies

Purchase

Abstract

Related Content

IRMA Sponsors