IMPACT OF VIRAL MARKETING AND BRAND AWARENESS MEDIATED BY PERCEIVED QUALITY TOWARDS PURCHASE INTENTION IN FASHION
After the optimistic rise of 4 percent in 2019, 2020 was the year where everything changed for the players in the fashion industry. The COVID-19 Pandemic hits hard, and in turn, fashion companies have a tremendous decline in profit. This pushes fashion players around the world to innovate and fol...
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Format: | Final Project |
Language: | Indonesia |
Online Access: | https://digilib.itb.ac.id/gdl/view/57973 |
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Institution: | Institut Teknologi Bandung |
Language: | Indonesia |
Summary: | After the optimistic rise of 4 percent in 2019, 2020 was the year where everything
changed for the players in the fashion industry. The COVID-19 Pandemic hits hard, and
in turn, fashion companies have a tremendous decline in profit. This pushes fashion
players around the world to innovate and follow the trend of going digital-due to the social
distancing rules imposed by many countries around the world. Saint Velvet is a newly
established brand, looking for the right marketing strategy to make their first move into
scaling their business, and viral marketing is perceived to be quite promising. Saint Velvet
wants to know how it could impact their business, and also wants to know how it pairs to
brand awareness, to create an all-rounded insight for Saint Velvet on their next marketing
strategy. The goal of this research is to identify the impact of viral marketing and brand
awareness towards the purchase intention of Saint Velvet, in which perceived quality is
utilized as a mediating variable between brand awareness and purchase intention. This
research utilizes the 5-point Likert scale. The data is gathered through the use of online
survey of 238 respondents, which then it will be analysed using SEM-PLS method to
obtain the results. The results of the analysis shows that viral marketing does have a
positive and significant impact towards purchase intention, while brand awareness has a
positive and significant impact towards perceived quality, in which then perceived quality
also has a positive and significant impact towards purchase intention. The results of this
study can be utilized for fashion brands to further develop their marketing strategy. |
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