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<p class="MsoNormal" style="margin-bottom: .0001pt; text-align: justify;"><span style="font-size: 12pt; line-height: 115%; font-family: 'times new roman', times, serif; color: black;">The relationship between brand equity and the customer life cycle has garnered increasing attention, especially in the context of start-ups where establishing a solid brand presence is crucial for long-term success. This research investigated the relationship between brand equity and the customer life cycle of start-up firms. The study examined the influence of brand awareness, brand loyalty, perceived quality, and brand associations on customer acquisition, retention, and advocacy, drawing on Keller's Customer-Based Brand Equity Theory and the Customer Life Cycle Theory. The study employed a quantitative approach, utilizing a structured questionnaire to explore the perception and interaction of start-up customers with the brand. Data analysis was examined through &ensp;Structural Equation Modelling (SEM) to get a statistically significant association between constructs. Noteworthy are the high correlations observed, especially between Perceived Quality 2 (PQ2) and Perceived Quality 3 (PQ3), as well as between Brand Loyalty (BL) and Brand Association 2 (BrA2). The findings demonstrate that creating favourable brand associations is indeed a powerful tool in building a loyal customer base, and that an increase in specific quality features can have a stronger emotional impact on customers. </span></p>

mbr.2024.11.01.05.pdf

Original Research 

mbr.2024.11.01.05.xml

Issue

Brand Equity and Customer Life Cycle in Start-Ups