Does innovation contribute to generate brand equity and customer satisfaction?: Evidence in the large grocery distribution
Antonio Marín García / Irene Gil Saura / Maria Eugenia Ruiz Molina
Universidad de Valencia
The development of this work aims at an approach to the concept of retail innovation, from a threefold approach: product innovation, marketing innovation and relational innovation. In addition, their links to other constructs that have traditionally sparked special interest in marketing research, such as brand loyalty, brand equity, and satisfaction, are examined. To do this, a theoretical model is delimited, which is contrasted through an empirical analysis based on a survey of a sample of 510 customers from three commercial grocery formats —hypermarket, supermarket and discount store— in the province of Valencia. In order to test the proposed relationships in the form of hypotheses, the data collected was analyzed using the partial least squares regression (PLS) technique.
The results confirm the role of innovation as a driving force for brand loyalty, enhanced by ICT. In addition, there are chained effects of brand loyalty on brand equity and of this last variable on satisfaction. Finally, the derived conclusions guide a set of recommendations for management, based on the benefits observed when developing innovation processes in the largest grocery retailers.
KeyWords: Product innovation, marketing innovation, relational innovation, loyalty, brand equity, satisfaction
DOI: 10.5295/cdg.191130am
Bibliographic: Marín García, A., Gil Saura, I. and Ruiz Molina, M.E., 2020. ¿Contribuye la innovación a generar valor de marca y satisfacción en el cliente?: Evidencias en la gran distribución de alimentación. Cuadernos de Gestión, 20(3), 29-40. DOI: 10.5295/cdg.191130am
JEL Classification: M31

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