Degree Type

Honors Capstone Project

Date of Submission

Spring 5-1-2018

Capstone Advisor

Stanislav Treger

Honors Reader

Eunkyu Lee

Capstone Major

Psychology

Capstone College

Arts and Science

Audio/Visual Component

no

Capstone Prize Winner

no

Won Capstone Funding

no

Honors Categories

Social Sciences

Subject Categories

Arts and Humanities | Psychology | Social and Behavioral Sciences

Abstract

Humans are inherently social creatures. For this reason, it is important to understand the role of social psychology in all other disciplines. This study focuses on the role of social psychology in marketing and brand management. The goal of any brand manager is to develop and foster a mutually beneficial relationship between brand and consumer. The nature of human relationships has been studied in the past and significant results have been found. The purpose of this study is to test if those results still occur when the relationship involves a brand rather than another person. Studies such as this one are of interest because they can help future brand managers understand the formation of the relationships they seek.

This study provided 200 participants with a questionnaire regarding their relationship to their favorite brands. The questions were a combination of free response, multiple choice, and likert scales aimed at assessing loyalty, investment, satisfaction, commitment, and perceived quality of alternatives. These questions were modified from Rusbult’s Investment Model Scale, which was used to study person-to-person relationships. Correlations and T-Tests were used to analyze relationships within the data set. Using Cronbach’s alpha, all likert scale items were found to be reliable at levels of .769 or higher. Significant correlations were found between loyalty and the individual constructs of investment, satisfaction, and commitment for all three brands in question. T-Tests showed no significant differences between men and women but some significant differences between those who have switched from their favorite brands in the past and those who have not. In conclusion, some significant relationships were found between the constructs assessed.

Creative Commons License

Creative Commons Attribution 4.0 International License
This work is licensed under a Creative Commons Attribution 4.0 International License.

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