Integrated Marketing Communication, Brand Equity, and Content Marketing Strategy Affecting Consumer Decision-Making Process on Housing Loan Services among First Jobber Consumers in Bangkok: A Case Study of a Certain Government Financial Institution

Main Article Content

Piyachart Chantananukul
Pranee Eamlaorpakdee

Abstract

This study aims to study the factors of brand equity, integrated marketing communication, and content marketing that affect the consumer decision-making process for Housing Loans among First Jobber consumers in Bangkok. Then, the knowledge will be used to develop and implement an integrated marketing communication strategy to increase First Jobber customers for a certain Government financial institution. The research involves both qualitative and quantitative methods. For qualitative research, in-depth interviews are conducted with purposively sampled individuals, including bank personnel involved in media production, marketing officers, and loan officers. Quantitative data is collected through online questionnaires from a convenience sample of individuals currently employed, aged 23-29 (First Jobbers), residing in Bangkok. The study findings reveal that brand equity, integrated marketing communication, and content marketing significantly impact the decision-making process for Housing Loans among First Jobber consumers in Bangkok. The researcher analyzes the qualitative data to identify the causes of the problems and utilizes the quantitative data to develop integrated marketing communication strategies to broadcast Sustainability Banking information to enhance the brand equity of a certain Government financial institution’s loan services among First Jobber consumers.

Article Details

How to Cite
Chantananukul, P., & Eamlaorpakdee, P. (2024). Integrated Marketing Communication, Brand Equity, and Content Marketing Strategy Affecting Consumer Decision-Making Process on Housing Loan Services among First Jobber Consumers in Bangkok: A Case Study of a Certain Government Financial Institution. KKBS Journal of Business Administration and Accountancy, 8(1), 61–76. Retrieved from https://so04.tci-thaijo.org/index.php/kkbsjournal/article/view/270300
Section
Research Articles

References

Aaker, D. A. (1991). Managing brand equity: Capitalizing on the value of a brand name. New York: The Free Press.

American Marketing Associations. (1938). Definitions of Marketing. Retrieved August 22, 2023, from https://www.ama.org/the-definition-of-marketing-what-is-marketing/.

Bank of Thailand. (2023). When world changes, business changes the world. Retrieved August 22, 2023, from https://www.bot.or.th/th/research-and-publications/articles-and-publications/bot-magazine/Phrasiam-66-1/Global-Trend-66-1-1.html. (In Thai)

Denzin, N. & Lincoln, Y. (2000). Handbook of Qualitative Research. California: Sage.

Deven, V. S. (2023). Influencing gen Z mindset towards a product through content marketing. EPRA International Journal of Economics, Business and Management Studies, 10(6), 5-16.

Eamjinda, P. (2017). Brand equity, service quality, and brand image influenced the decision making to use service of private hospital in Bangkok. (Independent study master of business administration). Bangkok: Bangkok University. (In Thai)

Hardy, M. A. & Bryman, A. (2009). The Handbook of Data Analysis. London: Sage.

Herath, B.M.L.S., Herath, D. & Jayasekera, A. (2022). The effect of celebrity endorsement on buying behaviour of Z-Generation: Special reference to mobile phones users in Kurunegala district. 1st International Research Symposium on Management 2022 (178-182).

Juampaen, N. (2015). Celebrity endorsement in advertising affects the purchase decision of scotch's consumer in Bangkok area. (Thesis master of business administration). Bangkok: Bangkok University. (In Thai)

Kotler, P. & Keller, K. (2012). Marketing Management (14th ed.). New Jersey: Pearson Education.

Makapun, R. & Sukjairungwattana, T. (2020). Integrated marketing communication for creating perceived value of the Chaipattana Vocational Park Nakhon Pathom. (Thesis master of education). Bangkok: Silpakorn University. (In Thai)

Manomaiphan, K. (2021). A study of the effect of perceived brand equity of Thai Smile Airway on purchasing intention. (Independent study master of management). Bangkok: Mahidol University. (In Thai)

Narongrith, T. (2019). Celebrity endorsement’s effectiveness toward consumer purchase intention. (Independent study master of management). Bangkok: Mahidol University.

Paisannorraseree, P. (2020). Consumer behavior on omnichannel marketing communication of IKEA brand. (Independent study master of arts). Bangkok: Chulalongkorn University. (In Thai)

Paraneecharnon, N. & Hansanti, S. (2023). Integrated marketing communication and perception of person influencing on the consumer’s decisions process to electric vehicle in Bangkok and its vicinity. Procedia of Multidisciplinary Research, 1(5), 13. (In Thai)

Phulklongton, S. (2019). The influence of brand personality on perceived quality and brand associations affects customers’ purchase intention of the life insurance in Bangkok. (Independent study master of management). Bangkok: Mahidol University. (In Thai)

Pitsaphol, C. (2020). Brand equity of hostel in Thailand. (Research reports). Nakhon Ratchasima: Suranaree University of Technology. (In Thai)

Prasertkhongkaew, N. & Sirisuthikul, V. (2018). Content marketing and service mix on brand loyalty towards MANEE-MEEMORE restaurant. (Thesis master of business administration). Bangkok: Srinakharinwirot University. (In Thai)

Rasmisap, C. (2014). The effect of customer - based on brand equity components towards trust and service intention of Krung Thai Bank public company limited in Bangkok and metropolitan areas. (Independent study master of business administration). Bangkok: Bangkok University. (In Thai)

Rodkasikum, S. (2015). Sustainable creation of content marketing for having a competitive advantage on social media. (Independent study master of science program). Bangkok: Thammasat University. (In Thai)

Satianjit, M. (2016). Marketing communications influencing the intention to buy bancassurance among customers of Krung Thai Bank Public Company Limited Tesco Lotus branch, Satun province. (Independent study master of business administration). Songkla: Prince of Songkla University. (In Thai)

Sawaengsuk, T. (2020). Factors that influence gen-Z first jobbers in choosing their credit card. (Independent study master of business administration). Bangkok: Thammasat University. (In Thai)

Stock exchange of Thailand & Chulalongkorn University. (2022). Deciphering the behavior and lifestyle of new generation investors. Retrieved August 30, 2023, from https://media.set.or.th/set/Documents/2022/Jun/012020-GenZ-SeminarReport.pdf. (In Thai)

Thongpuangthip, P. (2017). The Impact of celebrity endorsement toward household remedies brand equity in Thailand. (Independent study master of management). Bangkok: Mahidol University.

Tongsong, P. & Sangboonnak, R. (2021). Integrated marketing communication and brand trust on condominium purchasing decision in located near metro line of Huaykwang area among workers in Bangkok. (Independent study master of business administration). Bangkok: Srinakharinwirot University. (In Thai)

Torthienchai, N. (2021). Integrated marketing communication strategies and confidence affecting participants willingness to attend online events in Bangkok. (Thesis master of business administration). Bangkok: University of the Thai Chamber of Commerce. (In Thai)

Tumundo, K. T. I., Kindangen, P. & Gunawan, E. M. (2022). The Influence of celebrity endorsements and electronic word-of-mouch of generation Z purchase decision of SCARLETT whitening products. Jurnal Riset Ekonomi, Manajemen, Bisnis dan Akuntansi, 10(3), 850-860.