Role of Advertising Message in the Development of Brand Image with Reference to Insurance Industry: an Exploratory Study

  • Bhakar, S.S. (Prestige Institute of Management) ;
  • Sikarwar, Nitin (Department of Management Haryana College of Technology & Management)
  • Received : 2013.01.29
  • Accepted : 2013.06.07
  • Published : 2013.06.30

Abstract

The research is done with reference to insurance industry. Three companies are taken for the study, first one is LIC, second is ICICI Prudential and third one is ING Vysya life insurance. The impact of advertising message was seen on the brand image of these companies. Six print ads were taken for each company and data was collected from five hundred and forty respondents and forming a sample size of thirty. Three questionnaires were prepared one for brand image before showing ad; second one for advertising message and third one for brand image after showing ads. Through this study these three companies were also compared on the ground of which company has the effect on its brand image by showing ads of that company before and after.

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