Title: Emerging third generation private label brands: retailers' and consumers' perspectives towards leading Indian retail chains
Authors: Ajay Singh; Rakesh Kumar Singhal
Addresses: Department of Business Administration, ABES Engineering College, Ghaziabad, India ' Department of Business Administration, ABES Engineering College, Ghaziabad, India
Abstract: This study is an attempt to explore retailer's motivation to acquire private label brands in their stores and realise the same through exploring consumer preferences, behaviour and attitude. To conduct the study, responses were collected from food and grocery consumers of Indian leading retail chain, Big Bazaar. Data Collection was done through structured questionnaire from 325 households who have visited Big Bazaar Store and Linear Regression Analysis was performed. Findings of the study revealed a positive correlation between the perceived quality and price consumers willing to pay towards private label products. It also found strong correlation between value perceptions of private label brands with overall stores image also store loyalty is positively associated with value perception of private label brands. This study gives an insight to Indian retailers about the consumer preferences towards buying private label brands.
Keywords: private label brand; PLB; store brands; price consciousness; brand loyalty; store loyalty.
DOI: 10.1504/IJBEM.2020.107727
International Journal of Business and Emerging Markets, 2020 Vol.12 No.2, pp.179 - 203
Received: 20 Jun 2019
Accepted: 31 Dec 2019
Published online: 10 Jun 2020 *