8 Brandcommunity...8 Value co-creationpracticesandbrandrelationship quality...8 Brandrelationshipqualityandconsumerhope...12 Consumerhopeandqualityoflife...14 Methodology.... 16 Designan
Trang 1MASTEROFBUSINESS(HONOURS)
HoChiMinhCity–2018
Trang 2MASTEROFBUSINESS(HONOURS)
SUPERVISOR:Assoc.Prof.NguyenThiMaiTrang
HoChiMinhCity-2018
Trang 3Listoftables 2
Listoffigures 3
Introduction 4
Literaturereview 8
Brandcommunity 8
Value co-creationpracticesandbrandrelationship quality 8
Brandrelationshipqualityandconsumerhope 12
Consumerhopeandqualityoflife 14
Methodology 16
DesignandSample 16
Measurement 18
Dataanalysisandresults 18
Testingthemeasurementmodel 18
Testingthehypothesismodel 24
Discussandimplications 25
Limitationsanddirectionforfutureresearch 29
Conclusion 30
Appendix 31
References 52
Trang 5Figure1:P r o p o s e d researchModel
Trang 6
Thisresearchinvestigatestheimpactofvalueco-creationpracticesinonlinebrandcommunityonqualityoflifebythemediatingofbrandrelationshipqualityandconsumerhope.Theresearchwasdesignedforthesamplesizeabout250respondentsinonlinebrandcommunitiessuchasApplebrandcommunityforIphonefans,Channelbrandcommunityforperfumefans,38Degreeflowersbrandc o m m u n it y forflowerfansandSamSungbrandcommunityforthefansofGalaxylines Theresultsindicatethatitcanbesaidthattheexistenceofrelationshipbetweentwoelementsofvalueco-
creationpracticesinonlinebrandcommunityincludingimpressionmanagement,branduseandbrandrelationshipqualityaswellasthepresenceoftherelationshipinseriesfrombrandrelationshipqualitytoconsumerhopeandthenqualityoflife.Finally,someimplicationsarediscussedtogainpoint
ofviewobjectivelyaboutresearchresults
Trang 7Thefourthindustrialrevolutionhashadadramaticallyboomingstageinrecentyearsan d seemsbreakingmostoftraditionalindustriesineverycountrybecausethefactthattheremarkablenumberofglobalonlineretailsaleswastoincreasefromUS$236billiontoUS$521billionoverfiveyears,from2007to2012,wasestimatedtoreach
$1248.7billionin2017(Vermaetal.,2016).Consumerhavehadawarenessofbenefitsofthischannelsuchasgreatpriceandflexibletimebythesignificantincrease ine-
commerceplatformsglobal(Denegri‐Knott,2006;Nedergaard&Gyrd-Jon es, 2013).Thefactthatithaschangedsignificantmarketingindustry,leadingtoacreativelyonlinemarketingstagethankstotheuniqueaspectofsocialmediaandits
hugespreadforrevolutionizingmarketingprocess(Hanna,Rohm,&Crittenden,2011)an dconsumerbehaviorfromabsorbinginformationformakingpurchaseonline(Mangold&Faulds,2009;Powers,Advincula,Austin,&Graiko,2012).Otherwise,compared withtheonlineones,theotherbenefitsofsocialmediabasedbrandcommunitiesarethelowercostofinitiatingthesecommunities,higherreward,and
thenumberofgreaterreachbecauseofnormallyusingfreetheplatforms( L aP o i n t e,2 0 1 2 ) Accordingly,therapidlypopularizingo f socialnetworkingt e c h n o l o g i e s hasgeneratedidealcircumstanceincludinganewplatformando pp or tuni ties toretainexistingmembersandattractnewcustomersforbrandcommunity(Kietzmann,Hermkens,McCarthy,&Silvestre,2011)
Trang 8Specifically,theconceptofbrandcommunityistakenintoasoneofmaincon si der atio ns inmarketingfieldrecently(Muniz&O’Guinn,2001).Whenresear ch ers studyinitialaboutbrandcommunities,onlinebrandcommunitiesared eem ed astoolsinordertobuildrelationshipsbetweenconsumersandbrandsthankstocorrespondinginternetcondition( S c h u l t z & Bailey,2000).Thebrandsandco n su m er s areprovidedmanyvaluessuchassharingknowledgeandengagingsupportiveconsumersbybrandcommunities(Andersen,2005),makingstrongi mp r essio
n tocustomersonthebrandfeaturesandstimulatingtheirloyalty(Andersen,2005;McAlexanderetal.,2002),gainingvaluablemarketdatafordevelopmentandresearch (VonHippel,2005),andco-creatingbenefitswithconsumers(Schau,Muñiz,
&Arnould,2009).Moreover,thebrandcommunityonsocialmediahelpnewcu sto m ers stimulatepurchaseintentionbyjoiningandparticipatinginbrandclubsandassociates(Algesheimeretal.,2005;McAlexander&Schouten,1998).Inconclusion,i tmaybearguedthatbrandcommunityhelpsvalueco-creationpracticestobemoreconvenientandefficient
Customer-brandrelationshipthatcustomerscancreateanactiverelationshipwithbr and islikebuildingrelationshipwithfriends,whichmeansbrandsareconsideredascustomer’spartners(Hudsonetal.,2015).Astudyofindividualrelationshipsin
socialpsychologyaswellaspersonalitypresentsthemetaphorofbrandrelationship(Breivik
&Thorbjornsen,2008;Smitetal.,2007).Customersparticipateinbrandrelationships becauseofbenefitsfromthemeaningstheygainintotheirlife,notonlyp ossessi ng wellgoodbrandwithitsfunctionandutilitarianismbutalsomore
Trang 9psychologicalandemotional(Fournier,1998).Thus,itpossiblybeclaimedthatbrandrelationshipqualityinterrelatedobviouslytobrandcommunity
Althoughmanypreviousresearchespointoutthatvalueco-creationpracticeshaveanimportantinfluenceonenhancingbrandloyal(McAlexanderetal.,2002;Muniz&O ’ Gu i n n , 2001;Muniz&Schau,2005;Habibi,Laroche,&Richard2016),andd
em on st r at e h o w
valueco-creationpracticesinfluencebrandrelationshipsqualityinbrand communities(Luoetal,2015).However,individualqualityoflifeconcepthaveno tbeenmentionedwhilethepreviousstudiespresentvalueco-
creationpracticesinbrandcommunityconcept,moreover,thosehavenotdemonstratedtheinfluenceofv alue co-creationpracticesonqualityoflifewiththemediatingofconsumerhope
Therefore,itmaybeextremelyvirtualtoaddressthegaprecognizingtheworthofconsumerhopeformediatingrolebecauseofprovidinginsightsintocustomer’sper cepti ons aswellasfeelinginanonlinebrandcommunitiescontext(Raggio,W a l z ,Godbole,&Folse,2 0 1 4 ) Thepurposeofthispaperistoexaminetheimpactofvalueco -
c re ati o n practicesinonlinebrandcommunityonqualityoflifebythemediatingofco nsumerhopeandthenitissuggestedsuitablerecommendations.Thepaperisorganizedwiththenextsectionisliteraturereviewbasedonfoundationofpreviousresearchmodelstestedintheresearchandfollowedbytherightmethodology,nextsections,thedataanalysisandresults,anddiscussionandimplicationswillbeindicated Finally,thepaperroundsoffwithlimitationanddirectionforfutureresearchandconclusions
Trang 10n gi n f o r m a t i o n andexperience;enhancingthebandvalues(Muniz&O’Guinn,2001),resultingin“co-
creationandnegotiationofmeaning”(McAlexanderetal.,2 00 2) Thatvaluableknowledgemakeindividualconnectfeelinginsightsamongmembersintjebrandcommunity(Kuo&Feng,2013).Ontheotherhand,sharedfeaturesarerepresentativeofcommunicationthatmaintainmeaningsandculturaln o r m s , finally,obligationstosocietyareafeltsenseofresponsibilitiesforthememberincommunity(Kuo&Feng,2013)
Valueco-creationpracticesandbrandrelationshipquality
Theco-creationofmemberbenefitsandcommunitypotentialbyvarietyactivitieswithin abrandcommunityisconsideredasvalueco-
creationpracticeswhilemembersinbrandcommunitycreateworthythingf o r thebrandorothersinthecommunity(Schau etal.,2009).Furthermore,valueco-
creationpracticesissupportedfavorably
Trang 119toimplementbytheplatformofsocialnetworkandmakemembersandotherelementsofabrandcommunityobtainahigh-contextinteraction,leadingtoreinforce
Trang 12thebrandrelationshipqualitybrandcommunity(Muniz&O’Guinn,2001).Moreover,t h e progressiveofvalueco-
creationcombinationincludingseriesofparticularelements, suchas“welcoming,empathizing,milestoning,documenting,evangelizing,justifying,customizing,commoditizingandsoon”,thesearemainlyledbyfourelement s: “socialnetworking,communityengagement,impressionmanagementandbranduse”(Schauetal.,2009).Thus,anotherresearchalsodemonstratesvalueco-
creation practiceshasapositivelyinfluenceonbrandrelationshipquality(Habibi,Laroche,Richard,2016)
Socialnetworking
Socialnetworkingincludingsuchpracticesas“welcoming,empathizing,andgoverning”pertainsto“creating,maintaining,andcementingties”amongbrandcommunitymembers”(Schauetal.,2009).Inaddition,accordingtosocialcapitaltheory,thesocialnetworksandtrustworthyrelationships,andenhancethetogeth ern ess willbeestablishedandstrengthenedpropitiouslybyfrequentin t er p e r so n al interactions(Chang&Chuang,2011;Lee,Kim,&Kim,2012;Lee,Xiong,&Hu,2012),influencepositivelytotheidentificationwiththebrand(Algesheimeretal.,2005).Forinstance,o t h e r authors(Habibietal.,2014)indicatemanycaseswelcominganewmemberincommunitiesonFacebook,or“like”and“comment” theirstories,andm a k
e directconversationsormakefriendrelationshipsonsocialmedia,resultinginthatthemorecommittedthememberisabouttheritualsofthecommunity,themoretheywouldliketobeinvolvedinvalueco-creationpractices.T h e r e f o r e , itishypothesizedthat
Trang 13H1:Socialnetworkinginbrandcommunityrelatedpositivelytobrandrelationshipqu alit y.
Communityengagement
Accordingtothebrandcommunitytheory(McAlexanderetal.,2002;Schauetal.,2009)communityengagementisidentifiedasregularactivitiesincluding“documenting,badging,milestoningandstaking”thatconsumerssharetheir
importantmilestoneandevolvecohesivepersonalbrandnarratives,relatedtoenhancemembers'engagementinthecommunity.Furthermore,memberscollaborativelybuildso cial capital,forinstance,concentratingonaspecificthingofsharedinterestwithindividuals orsharinguniqueexperiencestheygainedaboutu s i n g thebrand(Schau
etal.,2009).Otherwise,consumer’sexperiencesandknowledgeinonlinebrandco mmuni ty areimprovedsignificantbrandcommunitybysharingphotos,videos,andtext-
based storiesintheirbrandusage(Habibietal.,2014;Zaglia,2013).Therefore,brandrelationshipqualitywillbestimulatedbythesereinforcemembers’regularengag ement withthebrandcommunity.Soanotherhypothesisispresented:
H2:Socialnetworkinginbrandcommunityrelatedpositivelytobrandrelationshipqu alit y.
Impressionmanagement
Nextanotherelementofvalueco-creationpracticesisimpressionmanagementincludingevangelizingandjustifying(Schauetal.,2009).Previousresearchersp r e sen t s theefforttocreateafavorableimpressiononoutsideofcommunitybrandth ro ug hconductingimpressionmanagementpracticesofthebrandcommunity
Trang 14members,theyare‘‘activitiesthathaveanexternal,outwardfocusoncreatingdesirableimpressionsofthebrand,brandenthusiastsandbrandcommunityinthesocialuniversitybeyondthebrandcommunity’’(Schauetal.,2009).Inaddition,otherre se arch provesimpressionmanagementisimplementedindifferentways,sharehelpfulitemsaboutthebrandtobefeelastrongsenseofconnectedness,obligations
tosocietyaswellascommitmenttotherituals,andobtainparticipationinimpressionmanagement (Habibietal.,2014).Sincemembersdefinethiscommunityaspartoftheirself-
identity(Algesheimeretal.,2005),itiseverymember’sdutytomaintainand increaseafavorableimageofthecommunityamongothers,leadingtoaffectpositivelyonbrandrelationshipquali
ty.Thus,anotherhypothesisisproposedthat:H 3 : Impressionmanagementinbrandcommunit yrelatedpositivelytobrandrelationshipquality.
Branduse
Thelastelementsofvalueco-creationpracticesisbranduse“includingcustomizing,groomingandcommoditizing”thattheactivitiesthathelpindividualsinbrandcommunities usingeffectivebrand,andenhanceothersmembersusebrand,relatedto“themember’stendencytohelpothermemberswithnewer,improvedandenhancedwaystousethefocalbrand”(Schauetal.,2009).Furthermore,researchersdeterminethatinterpersonaltiesinagroupareenhancedandthewillingnesstoshareinformationandresourceswithothermembersisincreasedbysharedconsciousness,toprovideassistantandtocommittogoalsidentifiedbythegroup(Walther,1996;
Trang 15Wellman,1999).Thereisthereforesignificantincreaseinbrandrelationshipqualityin onlinebrandcommunity.
customerrelationshipsincethemetaphorofbrandrelationshipisoriginated frominterpersonalrelationship(BreivikandThorbjornsen,2008).Them e an i n g s customersobtainwhentheyparticipateinbrandrelationshipsarefunctionandutilitarianism;othersaremorepsychologicalandemotional(Fournier,S.,1998).According toFournier(1994,1998a),brandrelationshipqualityisahugeconceptincludingseveralrelationshipelementssuchas“affectiveandsocio-
motiveattachments (e.g.,love/passion,self-connection,nostalgia,etc.)”
Consumerhope
Intermsofhope,itisoneofthekeycognitionthat“involvebothwill(motivation)andway(actionplans)componentsinexplainingcustomers’onlinepurchaseandrepurchasebehaviors”(Snyderetal,1991),“focusonparticipants’levelsofhopefor
Trang 16successfulperformanceofaparticulartaskorgoal”(Snyder,2000).Therelationshipofhopeandcustomerchoiceshavededicatedinsomeresearchers(PoelsandDewitte,2008;Kimetal.,2012).Othershaveidentifiedthereisapositiverelationshipofhopewithadvertisingandproductevaluation,choice(MacinnisandDeMello,2005;PoelsandDewitte,2008).Whenandhowcustomers’perceptionsarerespondedbyconsumerhope’spsychological,andconvertedtoamorespecificrelationship(fromacustomerpointofview)andperformanceoutcomes(fromabrandpointofview)bothforcustomersandthebrand(SyedMuhammadFazal-e-
Hasan;HormozAhmadi;GaryMortimer;MartinGrimmer;LouiseKelly,2018).Therefore,itcanbesaidthatco nsu me r hopeiscomprehendedasconsumerbeliefingainingmanybenefitsfromb ra n d communityandqualityproducts
BrandrelationshipqualityandConsumerhope
Previousresearchsuggeststhatthepositiveinfluenceofcustomers’perceptionsofab rand 's valueontheirmotivatinglevelandbehaviortowardsthepurchaseofthebrand(Bowlby,1977;Bretherton,1985;FeeneyandNoller,1990),givingtothatwhencustomershavesignificantbrandrelationshipquality,theywillbemotivatedbytheirconsumerhopeforpurchaseintention.Moreover,thebrandvalueco-
creationthrough“theinteractivity,reliability,usability,contentqualityandthesecurityoftheonlineb r a n d ' s platform”maybesupportivedramaticallyforonlinepurchasew h e r e themost
d ig i tal productwithoutphysicallyones,perceptionofbrandvalue(quality)maybeb u il t (ChangandChen,2009).Likewise,“customerperceivedbrandvaluecontributesintermsofpromotingthephysicalandpsychologicalwell-beingofacustomer–
Trang 17whichinturnimprovestheirlevelsofmotivation(will)andthenumberofalternatives(way)theyundertaketoattaintheirpurchase-
relatedgoals”(FeeneyandNoller,1990;Goldberg,MuirandKerr,2013).Therefore,whencustomersgainmanybenefitsfromo n l in e brandcommunitywithbrandrelationshipqualityenhancedbyeverymembersoftheonlinecommunityhelpthempaymoreattentionaswellasattaintconsumerhopeinnearfuture,theyarelikelytoexperiencehopeforcontinuingpositiverel at io nshi
Consumerhopeandqualityoflife
Theresearchonthepsychologyofhopehasdemonstratedthat“hoperequiresindividuals toemploysuccessfulagency(i.e.,goaldirectedenergy)andpathways(i.e.,p l a n s tomeetthegoals)”(Snyderetal.,1991;Rego,Sousa,MarquesandCunha,20 14 ).Anotherresearchstatesthathelpsindividualsachievegoals,createpowerfor
Trang 18promotioninthelife(Snyderetal.,1991).Furthermore,aspresentedintheabovepartofconsumerhope,itisavailableforpositiverelationshipofhopeandcustomerchoices(PoelsandDewitte,2008;Kimetal.,2012)aswellasadvertisingandproductevaluationandchoiceoutcomes(MacinnisandDeMello,2005;PoelsandDewitte,2008).Accordingtosocialexchangetheory,customerswillfeelobligatedtor ecip rocat e andcommittoarelationshipwhentheybenefitfromothers.Whentherelationship commitmentisstrong,theytendtotrusttheorganizationandfeelmoresatisfiedwithwhattheorganizationhaspromised.Becauseconsumerhopemayberelatedtooptimism,belief,motivationhelpmembersobtaininterestedvalueaswell
asbenefitsatisfactionfromonbrandcommunity,itcanbereinforcequalityoflife.T h u s ,
H6:Consumerhopeinbrandcommunityrelatedpositivelytoqualityoflife.
Figure1:P r o p o s e d researchModel
Trang 19Methodology
DesignandSample
Toexaminetheproposedresearchmodelaswellasexplaintheeffectofvaluecreatepracticesinbrandcommunityonqualityoflife,asurveywasimplementedforinterested brandcommunitiesinVietNam.However,inordertoimproverespondent’squalitya n d customers’focusontheirchoiceofbrands,theresearchwasdesignedascreeningquestionwastoexcluderespondentshavingnoteverfollowedanybrandcommunity,andamultiplechoiceforthemostusuallyfollowedbrandcommunity
Firstofall,qualitativeresearchwerecarriedoutin-depthinterviewsonone-to-onebasicwithfifteenrespondentsforensuringthatwereapplicableforVietNamcontexti n spiteoftheavailablementionofmeasuresintheliterature,leadingtouncoverunderlyingmotivation,prejudices,andattitudesofrespondentsaswellasallowmorei n -
d ep t h probingofanissuethatisraisedformoreinformation.Nextstepwasquantitativeresearch,thisstudywasusedkeymethodthatwasonlinesurveydesignedinGoogleformtoaccessrespondentsviae-
mailoranindividualmessagebysocialnetworkwithintroducingtheobjectivesofthestudyandanembeddedlinktothesurvey
Theresearchwasdesignedforthesamplesizeabout250respondentsinonlinebrandcommunitiessuchasApplebrandcommunityforIphonefans,Channelbrandcommunity forperfumefans,38DegreeflowersbrandcommunityforflowerfanandS a m S u n g brandcommunityforthefansofGalaxylines.Thesuitablereasonfor
Trang 20choosingthosewastheresultsofthequalitativeresearchshowedthatmostmembershadresponsesaboutthepopularityofthemasthemostusuallyfollowedbrandcommunities.Then,thedatawascleanedandremained239usableones.Inparticularly,thedetailinfographicwasshowedinthefollowingtable.
Trang 21
Themultipleitem-scaleswereusesforconstructmeasurement.Specifically,socialn e t w o r k i n g , communityengagement,impressionmanagement,brandusewerer e sp ect i v e l y measuredby6items,7items,6items,7itemsborrowedfromHabibi,LarocheandRichard(2016).Brandrelationshipqualitywasmeasuredby3itemsborrowedfromAlgesheimer,DholakiaandHerrmann(2005).Consumerhopewasm easu r ed by3itemsborrowedfromElliotandMurayama(2008).Qualityoflifewasmeasuredby3itemsborrowedfromPeterson,EkiciandHunt(2010).ThedatawasgatheredandanalyzedbySPSS16.0softwareandAmos20toexaminetheresearchh yp o t h eses Then,thedataanalysisincluded:(1)descriptivestatistics,
(2)reliability,v a l i d i t y andcorrelationanalysis,
(3)regressionanalysis,and(4)analysisofvariance.I n
addition,seven-pointlikert-typescale,anchoredby1(stronglydisagree)and7( st rong ly agree)wasusedforallitemsinthisstudy.Otherwise,independentvariablesaresocialnetworkpractices,communityengagementpractices,impressionmanagementpracticesandbrandusepractices,andmediatorsisb r a n drelationshipquality,consumerhope,anddependentvariableisqualityoflife
Dataanalysisandresults
Testingthemeasurementmodel
Scalereliabilityandfactoranalysis:Thefirststepofreliabilityandfactoranalysisw a s cronbach’salphaanalysisbySPSS16softwarewiththeproposedvaluesof0.6
(Cronbach,1970)foreachconstruct.Particularly,alltheCronbach’alphavalueofthef a c t o r sexceedsproposedvaluesinthefollowingtable
Trang 24Then,confirmatoryfactoranalysiswasimplementedbyAmos20softwareinordertom e a s u r emodelfit.ThefinalCFAmodelreceivedanacceptablefittothedatawiththeresultsexceedproposedvaluesbecauseofChi-square/df=1.341(<3);p-value
=.000(<0.05);GFI=.900(<0.9);CFI=.949(<0.9);TLI=.940(<0.9)andRMSEA
=.038(<0.05)(Bentler,1990)
Thescalecompositereliability(CR)andAVEwerecalculatedintheTable4.Inparticularly,reliabilityestimateoffactorswerehigher0.7demonstratinggoodreliability,othersbetween0.6and0.7maybeacceptable,thispointedoutexistenceofinternal consistencyandthesamelatentconstructwasrepresentedconsistentlybyallth emeasures(Hair,Black,Babin,&Anderson,2010).NextstepwascomparingAVEv al u e foranytwoconstructwiththesquareoftheircorrelationestimate,thisproposedthatthesquaredcorrelationestimateshouldbesmallerthanAVEvalueforgoodprovesofdiscriminantvalidity(Hair,Black,Babin,&Anderson,2010).Obviously,a l l AVEvalueintable4werehigherthanallthesquaredcorrelationestimatesintable5,thisexplainedtheindividualmeasureditemswererepresentedbyonlyonetalentconstruct
Trang 25Standardized CFA Loadings
.691
.801 404 672
.601 684 580 572 902
.870 692 823
.764
.771 533 848
.702 623
.723 396 626
.699 608 579 789
.725 471 655
.600
.676 417 727
.692 492
.627 364 637
.473 680
Trang 26Seminalexperienceswiththebrandarehighlyvaluedinthebrandcommunit y
Trang 27Estimate Estimate^2
Impression_Management < > Quality_Of_Life 0.269 0.072 Impression_Management < > Consumer_Hope 0.239 0.057 Impression_Management < > Brand_Use 0.579 0.335 Impression_Management < > Brand_Relationship_Quality 0.449 0.202 Impression_Management < > Social_Network 0.396 0.157 Impression_Management < > Community_Engagement 0.444 0.197 Quality_Of_Life < > Consumer_Hope 0.376 0.141 Quality_Of_Life < > Brand_Use 0.097 0.009 Quality_Of_Life < > Brand_Relationship_Quality 0.157 0.025 Quality_Of_Life < > Social_Network 0.201 0.040 Quality_Of_Life < > Community_Engagement 0.085 0.007 Consumer_Hope < > Brand_Use 0.214 0.046 Consumer_Hope < > Brand_Relationship_Quality 0.373 0.139 Consumer_Hope < > Social_Network 0.126 0.016 Consumer_Hope < > Community_Engagement 0.113 0.013 Brand_Use < > Brand_Relationship_Quality 0.482 0.232 Brand_Use < > Social_Network 0.38 0.144 Brand_Use < > Community_Engagement 0.487 0.237 Brand_Relationship_Quality < > Social_Network 0.345 0.119 Brand_Relationship_Quality < > Community_Engagement 0.336 0.113 Social_Network < > Community_Engagement 0.546 0.298
Trang 28ThisstepwasmeasuredbyAmos20software.Thestructuralequationmodellingr e s u l t s indicatedthatthetheoreticalmodelhadagoodfittothedatathankstoChi-square/
df=1.339(<3),p-value=0.000(<0.05),CFI=0.948(>0.9),TLI=0.940(>
0.9),andRMSEA=0.038(<0.05)
(Bentler,1990).However,therewastwohypotheses H1andH2wereunsupportedbecauseofthep-
valueofbothwerelowerthanproposedvalue(0.05).Theremainedonesweresupportedwithp-value<0.05.Table6:RegressionWeightsinSEManalysis
Estimate S.E C.R P
Brand_Relationship_Quality < -H3 Impression_Management 181 086 2.097 036 Accepted
Brand_Relationship_Quality < -H4 Brand_Use 249 102 2.452 014 Accepted
Brand_Relationship_Quality < -H1 Social_Network 104 084 1.229 219 Rejected
Brand_Relationship_Quality < -H2 Community_Engagement 015 114 129 897 Rejected
Consumer_Hope < -H5 Brand_Relationship_Quality 494 108 4.562 *** Accepted
Quality_of_Life < -H6 Consumer_Hope 436 089 4.918 *** Accepted
HypothesisH1,H2,H3,H4presentedtheeffectsofvalueco-creationpracticesinthebrand communityonbrandrelationshipqualitybasedonsocialmedia.Specially,theeffect sofsocialnetworkandcommunityengagementonbrandrelationshipquality( H1 andH2)areunsupportedwithp-valueof.219and.897respectively( > 0 0 5 )
(Bentler,1990).Ontheotherhand,theeffectsofimpressionmanagementandbranduse(H3andH4)onbrandrelationshipqualityaresignificantandsupportedbecausethebothhadp-
valueof.036and.014respectively(Bentler,1990).Asrespected,
brandrelationshipqualityhadsignificantlypositiveinfluencesonconsumerhope(H5)
Trang 29andconsumerhopehadalsosignificantlypositiveinfluencesonqualityoflife(H6)with valuesof0.00(Bentler,1990).
bothp-Discussandimplications
AccordingtotheoutputresultsofSEMmodel,itcanbesaidthattheexistenceofrelationshipbetweentwoelementsofvalueco-
creationpracticesinonlinebrandcommunityincludingimpressionmanagement,branduseandbrandrelationshipqu ality aswellasthepresenceoftherelationshipinseriesfrombrandrelationshipqualitytoconsumerhopeandthenqualityoflife.Specifically,brandrelationshipq uali t
y hasremarkableinfluenceonconsumerhopeandthenconsumerhopehasessent ial effectonqualityoflife
Contrarytoexpectations,theeffectofsocialnetworkingandcommunityengagemento n brandrelationshipquality(H1)isnotsignificant.Inordertodiscoversomepossibleexplanationsforthisfinding,aqualitativeresearchwasconductedwithconsumerswhoareusingpopularbrandssuchasApplebrandcommunityforIphonefans,Channelbrandcommunityforperfumefans,38Degreeflowersbrandcommun ity forflowerfansandSamSungbrandcommunityforthefansofGalaxyl i n e s Inparticular,theselectionforintervieweeswasimplementedwithrepresentativesofeachabovebrandcommunities,theyactuallydesire,interestedinthetheirbrandsomuchaswellasfollowtheirbrandcommunityregularmost.Thequalitative researchfoundtheinsightsoft h e i r opinionwiththedetailquestion“Whatisyouropinionabouttheenhancinginfluenceofthefollowingfactorsonbrandrelationshipquality?”
Trang 30Respondents
Themostusuallyf ollowedbrandco mmunity
Socialne tworking Community engagement management Impression Branduse
NotsurebecauseIse ethatsocialnetwork hasmanyadvertisin gposts.
No,Ihave engagingwithcommun itybutnotshowmypers onality.
Yes,Iaminterestedint h
e feature scentthatIchoose,scents howmypersonality.
Yes,Iconsideritasanecessa rypartner,Iuseiteverydayan dChannelhasbeenb y me for3years.
No,becauseIamo n social
networki n ordertoc hat myfriendsthere.
Notsure,I seethatme mberssharetheirexpe riencesaboutbrandb utIfollowregularlyto updaten e w markettr ends.
Yes,mypersonalityisp a
y moreattentionaboutte chnologysot h a t Ialway slikeshareeveryaboutun iquetechnologyofGalax ylines.
Sure,Iusethissmartphoneevery day
soIawaytakecareabouteffectiv euseandl o a d i n g favourapps.
(how long:1-3years)
No,becausethepostsi nsocialnetworkmay notbetrue.
Maybeno,Iengagether einordertoreadnewsan dlovelyflowerstories.
Yes,Ilove flowersanddreamlikebe auty.Iwanttobesimilarw ithpetal:beautiful,delica te,bright.
Yes,Icollect flowerseveryweek
WhenIsad,lookingatfavourflo wersmakes
mem o r e positiveandenjoymy life.
Respondent4
(Gender:Male;Age:32;Education:B
achelor;Income:20-3 0 million)
Applebrandcommunityfor Iphone fans
(how long:3-5years)
No,becauseIdonot believeinsocialnet work,Ideemitisavir tualworldforfunny activities.
Nottoomuch,Ialmost readnewsa n d share newIphoneproducts.
Maybeyes,Iseemember sshareuniquefeatures:s mart,creative,dynamic, lively,individuality.M y personalityissimilarlike that.
Maybeyes, This smartphones t a n d s bymeevery where,everytime.Ithelpsmylife becomeeasilyandconvenient.S
o Ipaymoreattentionabouteffect iveuse,especially,smarta p p s o nAppleappsstore.
26
Trang 31Ingeneral,itcanbeseeninaboveresponsesthattherearesomequitesuitablereasonforexplanationofoutputSEMresults
Firstly,socialnetworkmaybeconsideredasaentertainmentspace,“virtualworld”forenjoyingwithfriends.Thereisnodenyingthatsocialnetworkmakeeveryonec l o s e r withremarkableinteraction,however,membersinonlinebrandcommunitydeemthatposttheremaynotbetrueorforadvertisingsothattheyrarelysharetheir
personality.A s anresults,socialnetworkhasnotimpactonbrandrelationshipquality.A n authorindicatesthatmanycommentsarenamelesslypublishedforonlinesales,alsoreducesthecredibilityofinformationinthebackgroundofsocialnetwork(Wellman,1997).Secondly,communityengagementhasn o effectwithbrandr e l a t i o n s h i p qualitybecausethatmembersinonlinebrandcommunitiesengagetheircommunityforfindingnewmarkettrends,technologyaswellasknowledge,butnoti nt erest ed indisplayingtheircharacteristics
Nevertheless,accordingtothetable6,membersinonlinebrandcommunitymaybecuriouslyaboutimpressionmanagementpracticesandbrandusepractices,andthebothisconsideredthathassignificantinfluencesonbrandrelationshipqualityowingto impressionmanagementandbrandusebringpleasuretothem.Specifically,theym a y haveconcentrationonuniquefeaturesofbrandtheypreferduetotheobservablesimilarity oft h e i r personalitysuchasbefavouritetechnology,scentanddelicate,lead ing toenhancebrandrelationshipquality.Additional,theymayalsoconcernb ran d asapartnerwhentheyuseiteverydayasitmaybedeemedastheirfriends,an
dm ak e theirlifebetterandenjoying
Trang 32Forreality,severalimplicationshavearisenfromtheresultsofthisresearch.First,in d i v id u al sshouldawarethatbrandtheyareusingeverydayandonlinebrandco mmu n i ty theyarefollowingeverydayhaveremarkableeffectontheirqualityoflife.B e c a u s e thisisaprocessfromvalueco-
creationpracticesincludingimpressionmanagementandbrandusetobuildingcontinuouslythesimilarityofbrandfeaturesand theirpersonality,leadingtostimulateconsumerhopeandthenqualityoflife.Andbyextension,ifanyonehaveafeelingaboutaboringlifeandwanttoimprovetheirq u ali t y oflife,oneofaspectstheyshouldconsideristochangebrandstheyareusing
aswellasrevivevalueco-creationpracticesinfollowedbrandcommunities,thefollowedcommunityshouldberightonewiththeirpersonality,thesewillmaketheirl i f e becomemuchmoreinteresting.Second,intermsofb u s i n e s s cooperation,Cooperate SocialResponsibility(CSR)istakeninsubstantialconsiderationinrecentyearsbecauseoflargecostinordertobuildvalueforsocialandimprovequalityoflife.Nonetheless,buildingbrandcommunityw i t h thevalueco-
creationpracticesinbran d communities,businesseswillgainthepotentialconsequencesduetovastreach,lowcostandpopularityofsocialmedia,manybusinessesalmostblindlytaketheseadvantagestooptimizeCSRcost.ThefindingsofthestudyhelpCEOhavemoreinsightsintovalueco-co-
creationpracticesforsocialaswellassharehelpfulknowledge.Hence,thiscanbeaefficientsolutionfortheCSRproblemof
cooperationbybuildingharmoniousbrandcommunitybasedonsocialmedia
Trang 33Actually,thisstudyhassomelimitationsthatcanbeindicatedforfutureinvestigation.Th e firstlimitationistochoosesomebrandcommunitiesforrespondingsurveystestedinthecontextofonlinesocialmedia,maynotberepresentativeofallonlinebrandcommunitiesdevelopedonthesocialmedia,thengeneralizingthefindingstootherbrandcommunities.Infact,itisnodoubtthatvalueco-
creationpracticesindifferent brandcommunitieswillnotleadtosimilarlevelsofbrandrelationshipqualityforallbrands,asaresult,itmaybeobtainslightlydifferentoutcomesfromthestudyresults.Therefore,thestudyadmitsthelimitationandsuggeststhatresearcherssh ou ld consideraeffectivesolutionforthisproblem.Inthiscase,itisnosurprisethatthehugesamplewillresultinmoreexactfindings
Thesecondlimitationismainlyconcentratedonthepositiveeffectofvalueco-co-creationpracticesonbrandrelationshipqualitya s wellastheinfluenceofbrandrelationshipqualityonconsumerhopeandqualityoflifewhereasthelackoftestthemoderatorofprofileofrespondentssuchasincomeandeducationaffectrelationshipb et w e e n consumerhopeandqualityoflife.Apossiblereasonthatincomeandeducation influenceconsumerhopeandqualityoflifebecausethoseachievinghighincomeandhighqualifiedwillbemorepositiveviewsaboutconsumerhopeandqualityoflife.T h e r e f o r e , researchersmayconsiderthemoderatorofincomeandeducation overtimetotrackthestudysubjects
Trang 34Conclusion
Insummary,thepurposeofthispaperistoexamineaboutwhethervalueco-creationpracticesinonlinebrandcommunityaffectindirectlyqualityoflifebythemediatingo fbrandrelationshipqualityandconsumerhope,evidencesfromVietNam.Afterall,th ekeyisthatSEMresultspointattwoelementsincludingimpressionmanagementpracticesandbrandusepracticesinfluence
e c t t h a t c a n g i v e a n efficientsolutionforreducingtheCSRcostofcompanies