Brand equity of the Private Higher Education Institutions accredited in high quality

Authors

  • Paula Parra Garcia Fundación Universitaria del Área Andina
  • Leonardo Ortegon Cortazar Institución Universitaria Politécnico Grancolombiano

DOI:

https://doi.org/10.29393/RAN9-14BEPL20014

Keywords:

Brand equity, Higher Education Institutions, brand management, educational marketing, factor analysis

Abstract

Purpose: To explore the Brand equity of Private Higher Education Institutions (PHEI) with high quality institutional accreditation in order to provide information on the key components of university management from a marketing perspective.

Design/Methodology: A cross-sectional quantitative method was used to analyze the answers of survey applied to 402 students from 11 different on PHEI. The design is descriptive and correlational with factorial analysis of data.

Results: The factorial solution suggests that PHEI brand equity is composed of brand image and perceived quality.

Practical implications: It contributes to the multifaceted understanding of brand equity in the educational sector, discussing how to maintain brand positioning or awareness; furthermore, identifying opportunities for improvement to university brand communication and visibility.

Originality/value: This research proves latent dimensions of brand equity applied to PHEI in Colombia, contributing to the body of knowledge on brand building strategies of PHEI in a marketing context.

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Author Biography

Paula Parra Garcia, Fundación Universitaria del Área Andina

Profesor. Fundación Universitaria del Área Andina

Published

2023-07-26

How to Cite

Parra Garcia, P. M., & Ortegon Cortazar, L. (2023). Brand equity of the Private Higher Education Institutions accredited in high quality. RAN - Revista Academia & Negocios, 9(2), 183-194. https://doi.org/10.29393/RAN9-14BEPL20014

Issue

Section

Research Article