Brand personality perceptions of luxury sedan motor vehicles amongst the South African Generation Y cohort

Abstract

Brand personality is a set of human personality traits that are relevant to a brand. A distinctive brand personality serves a symbolic or self-expressive function and helps to create a set of unique and favourable associations in the consumer's mind. Generation Y consumers are considerably more brand and image conscious than any other generational cohort. Given that motor vehicles, especially luxury motor vehicles, are a conspicuous consumption item that are often used to signal status to others, luxury motor vehicle marketers need to understand Generation Y members' perceptions of brand personality. Aaker (1997) developed a brand personality trait scale to measure brand personality perceptions. This study established a factor structure for Aaker's (1997) brand personality trait scale applicable for luxury sedan brands. This adapted brand personality trait scale was used to investigate the brand personality perceptions of luxury sedan motor vehicles amongst Generation Y. The target population for this study was defined as students registered at South Africa's public HEIs in 2014. This study made use of a non-probability convenience sample to select one traditional university campus and one university of technology campus located in the Gauteng province of South Africa. Self-administered questionnaires were distributed in two separate steps. Step 1 of the study distributed the questionnaire to 65 participants to identify Generation Y students' top-of-the-mind awareness concerning luxury sedan motor vehicle brands. Step 2 of the study distributed 500 questionnaires to investigate the brand personality perceptions of luxury sedan brands amongst Generation Y students by means of Aaker's (1997) brand personality trait scale. Step 2 also investigated Generation Y students' purchasing intentions of luxury sedan motor vehicles by making use of an adapted a scale by Zeithaml et al. (1996:31-46). The statistical analysis included exploratory factor analysis, descriptive statistical analysis and significance tests. The findings of the study suggest that Generation Y students' top three luxury sedan brands are BMW, Mercedes-Benz and Audi. The brand personality perception results revealed that all three brands are associated with the 'Competence' and 'Sophisticated' brand personality dimensions. In addition, BMW is also associated with the 'Excitement' brand personality dimension. The findings of the study also suggest that Generation Y students do have purchasing intentions of luxury sedan motor vehicles. Some gender differences regarding Generation Y students' brand personality perceptions and purchasing intentions of luxury sedan motor vehicles do exist. However, the differences are limited with a small effect of practical significance. The study offers insight into the brand personality perceptions in the South African market. Generation Y consumers have unique perceptions regarding different brands and it is therefore important to gain insight regarding their perceptions. The results presented in this study can aid the marketers of the selected luxury sedan motor vehicle brands in identifying the personality traits associated with their brand. This information can be compared with their current marketing strategy to determine if any differences exist between the desired and perceived brand personality. This can also help the marketers to tailor the marketing strategy accordingly to achieve the desired brand personality