International Journal of Financial and Investment Studies
Vol 4 No 1 (2023): APRIL 2023

THE EFFECT OF CELEBRITY ENDORSEMENT ON PURCHASE INTENTION

Tarigan, Ruth Srininta (Unknown)
Tandung, Juliana Caesaria (Unknown)
Sutrisno, Ansell Kevyn (Unknown)
Viriyani, Viriyani (Unknown)



Article Info

Publish Date
13 Aug 2023

Abstract

The utilization of celebrity endorsement as a marketing strategy has gained widespread popularity across various industries, including the electronic industry. The objective of this study is to assess the correlation between celebrity endorsement and purchase intention, specifically through brand image. The analysis compares the relationship between variables at two levels: industry and brand, each at varying levels of maturity. Results indicate that at the industry level, brand image plays a positive mediating role in the relationship between celebrity endorsement and purchase intention, despite a negative direct relationship between the two. At the brand level, celebrity endorsement has a negative impact on purchase intention for Samsung, while exhibiting no significant effect on Vivo brand. However, brand image positively mediates the relationship between the two. Furthermore, multigroup analysis reveals that the difference in effect between the two brands is not statistically significant.

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Journal Info

Abbrev

ijfis

Publisher

Subject

Economics, Econometrics & Finance

Description

International Journal of Financial and Investment Studies (IJFIS) e-ISSN: 2745-3952 is a peer-reviewed journal that aims at the dissemination and advancement of research in the areas of economics and finance with a specific focus on financials and investments. The aim of the Journal is to provide a ...