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[Research]Effects of Parent-Extension Similarity and Self Regulatory Focus on Evaluations of Brand Extensions
2006.07.01 Views 823 경영학연구분석센터
Journal of Consumer Psychology
Volume 16, Issue 3, 2006, Pages 272-282
Junsang Yeo, Jongwon Park
Korea University
https://doi.org/10.1207/s15327663jcp1603_9
Abstract
Research has shown that a similar extension of a brand is evaluated more favorably than a dissimilar one. In this research we demonstrate that self-regulatory focus (promotion vs. prevention focus) significantly moderates the effect. Four experiments demonstrated that similar extensions were evaluated more favorably than less similar extensions when participants were chronically or momentarily prevention focused, whereas such effect was eliminated and sometimes even reversed when participants were chronically or situationally promotion focused. This discrepancy was attributed to different weights attached to the perceived risk and to the perceived hedonic value of the extension by promotion-focused vs. prevention-focused individuals.