Navigating the digital landscape: social media’s influence on luxury brand equity and purchase intention
Journal of Science and Technology Policy Management
ISSN: 2053-4620
Article publication date: 18 October 2024
Abstract
Purpose
The purpose of this study is to examine how social media affects luxury brand equity and purchase intention in Malaysia.
Design/methodology/approach
Questionnaires were distributed across shopping malls in the Klang Valley, including Kuala Lumpur and surrounding areas, targeting Malaysian citizens aged 18 and above with a history of luxury purchases. Using random sampling, the study collected and analysed 300 valid responses.
Findings
The findings demonstrate that social media has a positive effect on luxury brand equity and that brand equity significantly influences purchase intention. However, the study reveals a negative impact of social media on purchase intention.
Originality/value
This study explores the profound impact of social media on luxury brand equity in Malaysia, revealing its role in shaping brand awareness, associations, uniqueness, loyalty and perceived quality.
Keywords
Acknowledgements
This research is funded under Curtin Sarawak Research Fund (CSRF), Curtin University Malaysia.
Competing interests: The authors declare that they have no competing interests.
Citation
Goi, C.L., Ngu, I.Y. and Chieng, F.Y.L. (2024), "Navigating the digital landscape: social media’s influence on luxury brand equity and purchase intention", Journal of Science and Technology Policy Management, Vol. ahead-of-print No. ahead-of-print. https://doi.org/10.1108/JSTPM-02-2024-0044
Publisher
:Emerald Publishing Limited
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