An Experimental Approach to Measure the Impact of Musical Logos on Brand Equity

Author:

Sharma Eliza1,Mahendran Sathish1,Balasudarsun N. L.2ORCID

Affiliation:

1. Symbiosis Institute of Business Management, Symbiosis International (Deemed University), Bengaluru, Karnataka, India

2. Academies Australasia College, Singapore

Abstract

Using musical logos (MLs; jingles) for brand promotion is a time-tested marketing strategy to develop brand recognition and aid memorability among consumers. The researchers adopted an experimental approach to measure the impact of MLs on brand equity (BE) for the Fast Moving Consumable Goods (FMCG) companies. The study is based on empirical evidence collected through an online survey featuring audio media circulated through referrals among ( n = 632) end consumers of 25 popular brands of FMCG companies in India. Correlation and regression analysis were used to measure the cause-and-effect relationship between MLs and BE by developing brand awareness (BAW) and creating favourable brand associations (BASs). The results of the study reflect that consumers showed high BAW and positive associations regarding FMCG brands, which employed MLs in their promotions. It can be stated that there exists a positive relationship between the use of MLs and generation of BE. The study offers further suggestions to effectively utilize the potential of MLs in business.

Publisher

SAGE Publications

Subject

Business and International Management

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