
This work is licensed under a Creative Commons Attribution 4.0 International License.
Impact of Aaker Brand Equity on Trust and Loyalty in Renewable Energy Startups
Corresponding Author(s) : Alfri Adiwijaya
Startupreneur Business Digital (SABDA Journal),
Vol. 5 No. 2 (2026): October
Abstract
This study examines the influence of Aaker’s Brand Equity Model on customer trust and customer loyalty in renewable energy startups, with a particular focus on digital marketing strategies. In the context of rapid technological advancement and growing environmental awareness, renewable energy has emerged as a strategic solution to reduce dependence on fossil fuels and support sustainable development. This research investigates how key dimensions of brand equity, namely brand awareness, perceived quality, and brand association, influence customer trust, which subsequently affects customer loyalty toward renewable energy startups. In addition, the study examines the role of digital marketing in strengthening the relationship between brand equity, customer trust, and customer loyalty. A quantitative approach was employed by collecting data from a purposive sample of 130 respondents who possessed knowledge of or experience with renewable energy products and services. Structural Equation Modeling (SEM) using the Partial Least Squares (PLS) approach was applied to analyze the relationships among the research variables. The results reveal that brand awareness and perceived quality have a positive and significant effect on customer trust, whereas brand association does not significantly influence customer trust. Furthermore, customer trust significantly enhances customer loyalty, confirming its mediating role in the relationship between brand equity dimensions and customer loyalty. These findings highlight the importance of strengthening brand awareness and perceived quality as key drivers of trust and long-term customer loyalty in renewable energy startups. This research contributes to the literature on digital marketing and brand management in the renewable energy sector and provides practical implications for startups seeking to build trust-based customer relationships and achieve sustainable competitive advantage in an increasingly competitive market.
Keywords
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- H. Qin and Z. Li, “The role of brand awareness, brand trust, and corporate empathy in consumer purchase intention: A study of the new energy vehicle industry,” International Journal of Sociologies and Anthropologies Science Reviews, vol. 5, no. 5, pp. 805–824, 2025.
- S. M. Ebrahimzadeh, S. Labafi, D. Khajeheian, T. Roshandel Arbatani, and S. Sepasgozar, “Sustainable development and innovation as drivers of brand equity enhancement in knowledge-based enterprises: Empirical evidence from science parks,” Sustainability, vol. 18, no. 6, p. 3115, 2026.
- C. M. Tom and N. G. Chigemecha, “Impact of green marketing strategies on consumer trust in solar energy adoption in rivers state, nigeria,” BW Academic Journal, 2026.
- U. Rahardja, N. P. L. Santoso, F. P. Oganda, M. Madani, and M. S. T. Saputra, “Digital innovation in smart waste sorting using renewable energy for sustainable startups,” Startupreneur Business Digital (SABDA Journal), vol. 5, no. 1, pp. 42–54, 2026.
- Y. K. Dwivedi et al., “Metaverse marketing: How the metaverse will shape the future of consumer research and practice,” Journal of Business Research, vol. 148, pp. 542–563, 2022.
- A. Trivedi and S. A. Juyal, “The new energy frontier: Branding, consumer engagement, and technological integration,” in Advances in the Electricity Markets. Elsevier, 2026, pp. 213–231.
- H. Haudi et al., “Social media marketing on brand trust equity and loyalty,” International Journal of Data and Network Science, vol. 6, no. 3, pp. 961–972, 2022.
- M. Mukhtar, Z. U. Khan, M. B. Ahmad, and M. Irfan, “The impact of perceived quality and brand loyalty on venture’s equity: the mediating role of customer trust,” Journal of Entrepreneurship and Business Venturing, vol. 4, no. 1, pp. 1–16, 2024.
- W. Farooq, “Brand activism wins brand loyalty: Extending the brand equity model with a multi-mediator approach in pakistan’s petroleum industry,” Sukkur IBA Journal of Management and Business, vol. 11, no. 2, pp. 1–21, 2024.
- F. Sutisna, T. Nurhaeni, N. P. L. Santoso, G. P. Cesna, N. Rangi, and E. D. Astuti, “Building consumer loyalty through digital marketing strategies in anime clothing brands,” ADI Bisnis Digital Interdisiplin Jurnal, vol. 6, no. 2, pp. 108–119, 2025.
- N. I. M. Ishar, “Cultivating brand value: Decoding the dynamics of local start-up restaurant–evidence from malaysia,” Malaysian Journal of Consumer and Family Economics, vol. 35, no. 1, pp. 418–441, 2025.
- M. Yildirim and B. Everest, “Consumer perception of cooperative brands in sunflower oil consumption within the framework of the aaker brand equity model,” Tarım Ekonomisi Dergisi, no. Advanced Online Publication, 2024.
- S. MohammadEbrahimzadeh, D. Khajeheian, T. R. Arbatani, S. Labafi, and S. Sepasgozar, “Sustainable knowledge-based enterprise products using ai-powered social media for enhancing brand equity: A scientometric review,” Sustainability, vol. 17, no. 18, p. 8427, 2025.
- S. Kosasi, C. Lukita, M. H. R. Chakim, A. Faturahman, and D. A. R. Kusumawardhani, “The influence of digital artificial intelligence technology on quality of life with a global perspective,” Aptisi Transactions on Technopreneurship (ATT), vol. 5, no. 3, pp. 240–250, 2023.
- B. R. Mishra, A. Arora, D. G. M. Dhara Bhatt, A. Anuradha, R. P. Sahu et al., “The impact of social media on brand building in early-stage startups,” Journal of Daoist Studies, vol. 19, no. S7, pp. 1236–1248, 2026.
- S. Rajasekaran, A. Sadasivan, and S. David, “The role of green marketing and corporate social responsibility in enhancing brand equity and corporate reputation: An empirical study,” Agribusiness, 2026.
- A. S. Latre, M. D. M´endez-Aparicio, and A. I. Jim´enez-Zarco, “Brand resonance and brand equity construction through early adopters,” in Brand Creation and Management in the Phygital Era. IGI Global Scientific Publishing, 2025, pp. 47–86.
- Q. Aini, D. Manongga, U. Rahardja, I. Sembiring, and Y.-M. Li, “Understanding behavioral intention to use of air quality monitoring solutions with emphasis on technology readiness,” International Journal of Human–Computer Interaction, vol. 41, no. 8, pp. 5079–5099, 2025.
- P. Halimah, U. Wahyudin, T. Damayanti et al., “Analysis of customer-based brand equity strategy through the digital branding process in the social sharing happiness campaign as a social crowdfunding startup,” Eduvest-Journal of Universal Studies, vol. 5, no. 4, pp. 4432–4451, 2025.
- D. U. Sutiksno, M. M. Tanihatu, C. I. Tjokro, and V. F. Nahuway, “The influence of market orientation, product innovation, digital marketing, and brand equity on business performance in creative startups,” The Eastasouth Management and Business, vol. 3, no. 03, pp. 651–664, 2025.
- Y. Wang, J. Li, and H. Zhang, “Brand association and consumer purchase intention in digital branding,” Journal of Business Research, vol. 167, 2024.
- V. Kumar, B. Rajan, S. Gupta, and I. D. Pozza, “Customer engagement in digital marketing,” Journal of Marketing, vol. 86, no. 4, pp. 56–75, 2022.
- D. S. S. Wuisan, R. A. Sunardjo, Q. Aini, N. A. Yusuf, and U. Rahardja, “Integrating artificial intelligence in human resource management: A smartpls approach for entrepreneurial success,” Aptisi Transactions on Technopreneurship (ATT), vol. 5, no. 3, pp. 334–345, 2023.
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- M. M. Rahman et al., “Trust in digital platforms and customer loyalty,” Information Systems Frontiers, vol. 25, no. 3, pp. 923–938, 2023.
- T. Zhang et al., “Customer behavior in the digital era,” Journal of Consumer Behaviour, vol. 21, no. 5, pp. 1021–1035, 2022.
- A. S. Bist, V. Agarwal, Q. Aini, and N. Khofifah, “Managing digital transformation in marketing:” fusion of traditional marketing and digital marketing”,” International Transactions on Artificial Intelligence, vol. 1, no. 1, pp. 18–27, 2022.
- X. Liu, H. Shin, and A. C. Burns, “Measuring brand equity in sustainability contexts,” Sustainability, vol. 15, no. 8, p. 6542, 2023.
- P. Hartmann and V. Apaolaza, “Consumer attitude toward green energy brands,” Journal of Business Research, vol. 140, pp. 295–305, 2022.
- Y. Chen and Y. Hou, “Impacts of design aesthetics, brand equity, and trust on electric vehicle purchase intention: an empirical study,” Journal of Brand Management, vol. 33, no. 1, pp. 54–72, 2026.
- V. Vasseur and R. Kemp, “Adoption of photovoltaic systems and renewable energy technology,” Renewable Energy, vol. 185, pp. 560–570, 2022.
- N. P. L. Santoso, B. Rawat, S. R. Ratri, D. Danang, D. F. C. Kumoro, R. Supriati, and E. A. Natalia, “Transformation of indonesian language in social media using ai expert systems and machine learning,” International Transactions on Artificial Intelligence, vol. 3, no. 2, pp. 130–139, 2025.
- H. T. N. Ly and V. T. Quy, “Green brand equity: Conceptual foundations, drivers, and future pathways,” Business Strategy and the Environment, 2026.
- P. Siitonen et al., “Consumer acceptance of smart grid technologies,” Technology Analysis and Strategic Management, 2024.
- A. Agrawal, V. Balaji, M. K. Srivastava, and G. Lakshmanan, “Sustainable practices in peer-to-peer platforms: The impact of ethical practices on brand image, equity, and extension acceptance,” in Sustainable and Inclusive Practices for Building Authentic Brands. IGI Global Scientific Publishing, 2026, pp. 409–444.
- L. Muralidhar, P. B. Rao, D. Deepak, V. Rahul, H. Purushotham, and R. Arun, “An empirical study examining the relationship between brand equity and corporate social responsibility,” in Navigating corporate social responsibility through leadership and sustainable entrepreneurship. IGI Global Scientific Publishing, 2025, pp. 195–226.
- A. Dharmawansa, R. Madhuwanthi, and K. Chithrananada, “Evaluating the impact of brand equity on brand evangelism behavior with the mediating effect of brand trust: With special reference to the institutional market of power cable industry in sri lanka,” Journal of Business Research and Insights (former Vidyodaya Journal of Management), vol. 11, no. 01, 2025.
- F. Boons and F. Ludeke-Freund, “Business models for sustainable innovation,” Organization and Environment, vol. 36, no. 1, pp. 12–30, 2023.
- A. Faturahman, N. S. Lubis, N. P. L. Santoso, A. Adiwijaya, M. Madisson et al., “Impact of blockchain enhanced digital marketing on brand awareness of solar panels,” Blockchain Frontier Technology, vol. 5, no. 1, pp. 1–12, 2025.
- N. Prakash and A. Thakur, “Navigating pathways toward sustainability: the interplay of consumer values, green brand equity and green purchase intentions for energy-efficient appliances,” Journal of Marketing Theory and Practice, vol. 34, no. 2, pp. 386–401, 2026.
- L. Nurhidayah et al., “Indonesia just energy transition policy implications,” Climate Law, vol. 14, no. 1, pp. 36–66, 2024.
- P. Harisandi, A. Yahya, D. Chandra, W. Windi, and A. Sagala, “Greening the customer mindset: Pathways from eco-friendly practices to purchase decisions through sustainable branding, brand equity, and brand attitude a case study of electric motorcycle consumers,” FIRM Journal of Management Studies, vol. 10, no. 1, pp. 100–112, 2025.
- R. Dananjoyo et al., “Sustainable brand equity customer loyalty,” International Journal of Sustainable Development and Planning, vol. 18, no. 7, pp. 2281–2291, 2023.
- A. Faturahman, S. Rahayu, S. Wijaya, Y. P. A. Sanjaya et al., “Information decentralization in the digital era: Analysis of the influence of blockchain technology on e-journal applications using smartpls,” Blockchain Frontier Technology, vol. 4, no. 1, pp. 7–14, 2024.
- C. Simanullang, “Renewable natural gas adoption in indonesia,” Jurnal Ilmiah Manajemen Kesatuan, 2026.
- B. A. Bramantyo, I. Sudirman, and F. Umar, “The influence of service quality and customer satisfaction on the trust and loyalty,” Hasanuddin Journal of Business Strategy, vol. 4, no. 1, pp. 62–72, 2022. [Online]. Available: https://garuda.kemdiktisaintek.go.id/documents/detail/2609930
- N. F. Fauzi and S. Evanita, “Brand trust mediator social media marketing,” Journal of Marketing Management Studies, vol. 4, no. 3, 2024.
- IEA, How Governments Support Clean Energy Start Ups Insights from Selected Approaches Around the World. Paris: OECD Publishing, 2022. [Online]. Available: https://doi.org/10.1787/291727bb-en
- M. R. Ramadhani, “Social media marketing brand loyalty through engagement,” International Journal of Science Technology and Management, 2024.
References
H. Qin and Z. Li, “The role of brand awareness, brand trust, and corporate empathy in consumer purchase intention: A study of the new energy vehicle industry,” International Journal of Sociologies and Anthropologies Science Reviews, vol. 5, no. 5, pp. 805–824, 2025.
S. M. Ebrahimzadeh, S. Labafi, D. Khajeheian, T. Roshandel Arbatani, and S. Sepasgozar, “Sustainable development and innovation as drivers of brand equity enhancement in knowledge-based enterprises: Empirical evidence from science parks,” Sustainability, vol. 18, no. 6, p. 3115, 2026.
C. M. Tom and N. G. Chigemecha, “Impact of green marketing strategies on consumer trust in solar energy adoption in rivers state, nigeria,” BW Academic Journal, 2026.
U. Rahardja, N. P. L. Santoso, F. P. Oganda, M. Madani, and M. S. T. Saputra, “Digital innovation in smart waste sorting using renewable energy for sustainable startups,” Startupreneur Business Digital (SABDA Journal), vol. 5, no. 1, pp. 42–54, 2026.
Y. K. Dwivedi et al., “Metaverse marketing: How the metaverse will shape the future of consumer research and practice,” Journal of Business Research, vol. 148, pp. 542–563, 2022.
A. Trivedi and S. A. Juyal, “The new energy frontier: Branding, consumer engagement, and technological integration,” in Advances in the Electricity Markets. Elsevier, 2026, pp. 213–231.
H. Haudi et al., “Social media marketing on brand trust equity and loyalty,” International Journal of Data and Network Science, vol. 6, no. 3, pp. 961–972, 2022.
M. Mukhtar, Z. U. Khan, M. B. Ahmad, and M. Irfan, “The impact of perceived quality and brand loyalty on venture’s equity: the mediating role of customer trust,” Journal of Entrepreneurship and Business Venturing, vol. 4, no. 1, pp. 1–16, 2024.
W. Farooq, “Brand activism wins brand loyalty: Extending the brand equity model with a multi-mediator approach in pakistan’s petroleum industry,” Sukkur IBA Journal of Management and Business, vol. 11, no. 2, pp. 1–21, 2024.
F. Sutisna, T. Nurhaeni, N. P. L. Santoso, G. P. Cesna, N. Rangi, and E. D. Astuti, “Building consumer loyalty through digital marketing strategies in anime clothing brands,” ADI Bisnis Digital Interdisiplin Jurnal, vol. 6, no. 2, pp. 108–119, 2025.
N. I. M. Ishar, “Cultivating brand value: Decoding the dynamics of local start-up restaurant–evidence from malaysia,” Malaysian Journal of Consumer and Family Economics, vol. 35, no. 1, pp. 418–441, 2025.
M. Yildirim and B. Everest, “Consumer perception of cooperative brands in sunflower oil consumption within the framework of the aaker brand equity model,” Tarım Ekonomisi Dergisi, no. Advanced Online Publication, 2024.
S. MohammadEbrahimzadeh, D. Khajeheian, T. R. Arbatani, S. Labafi, and S. Sepasgozar, “Sustainable knowledge-based enterprise products using ai-powered social media for enhancing brand equity: A scientometric review,” Sustainability, vol. 17, no. 18, p. 8427, 2025.
S. Kosasi, C. Lukita, M. H. R. Chakim, A. Faturahman, and D. A. R. Kusumawardhani, “The influence of digital artificial intelligence technology on quality of life with a global perspective,” Aptisi Transactions on Technopreneurship (ATT), vol. 5, no. 3, pp. 240–250, 2023.
B. R. Mishra, A. Arora, D. G. M. Dhara Bhatt, A. Anuradha, R. P. Sahu et al., “The impact of social media on brand building in early-stage startups,” Journal of Daoist Studies, vol. 19, no. S7, pp. 1236–1248, 2026.
S. Rajasekaran, A. Sadasivan, and S. David, “The role of green marketing and corporate social responsibility in enhancing brand equity and corporate reputation: An empirical study,” Agribusiness, 2026.
A. S. Latre, M. D. M´endez-Aparicio, and A. I. Jim´enez-Zarco, “Brand resonance and brand equity construction through early adopters,” in Brand Creation and Management in the Phygital Era. IGI Global Scientific Publishing, 2025, pp. 47–86.
Q. Aini, D. Manongga, U. Rahardja, I. Sembiring, and Y.-M. Li, “Understanding behavioral intention to use of air quality monitoring solutions with emphasis on technology readiness,” International Journal of Human–Computer Interaction, vol. 41, no. 8, pp. 5079–5099, 2025.
P. Halimah, U. Wahyudin, T. Damayanti et al., “Analysis of customer-based brand equity strategy through the digital branding process in the social sharing happiness campaign as a social crowdfunding startup,” Eduvest-Journal of Universal Studies, vol. 5, no. 4, pp. 4432–4451, 2025.
D. U. Sutiksno, M. M. Tanihatu, C. I. Tjokro, and V. F. Nahuway, “The influence of market orientation, product innovation, digital marketing, and brand equity on business performance in creative startups,” The Eastasouth Management and Business, vol. 3, no. 03, pp. 651–664, 2025.
Y. Wang, J. Li, and H. Zhang, “Brand association and consumer purchase intention in digital branding,” Journal of Business Research, vol. 167, 2024.
V. Kumar, B. Rajan, S. Gupta, and I. D. Pozza, “Customer engagement in digital marketing,” Journal of Marketing, vol. 86, no. 4, pp. 56–75, 2022.
D. S. S. Wuisan, R. A. Sunardjo, Q. Aini, N. A. Yusuf, and U. Rahardja, “Integrating artificial intelligence in human resource management: A smartpls approach for entrepreneurial success,” Aptisi Transactions on Technopreneurship (ATT), vol. 5, no. 3, pp. 334–345, 2023.
B. Godey et al., “Social media marketing efforts and brand equity,” Journal of Business Research, vol. 154, 2023.
S. Chatterjee, N. P. Rana, K. Tamilmani, and A. Sharma, “Adoption of artificial intelligence in marketing,” Technological Forecasting and Social Change, vol. 180, p. 121726, 2022.
M. M. Rahman et al., “Trust in digital platforms and customer loyalty,” Information Systems Frontiers, vol. 25, no. 3, pp. 923–938, 2023.
T. Zhang et al., “Customer behavior in the digital era,” Journal of Consumer Behaviour, vol. 21, no. 5, pp. 1021–1035, 2022.
A. S. Bist, V. Agarwal, Q. Aini, and N. Khofifah, “Managing digital transformation in marketing:” fusion of traditional marketing and digital marketing”,” International Transactions on Artificial Intelligence, vol. 1, no. 1, pp. 18–27, 2022.
X. Liu, H. Shin, and A. C. Burns, “Measuring brand equity in sustainability contexts,” Sustainability, vol. 15, no. 8, p. 6542, 2023.
P. Hartmann and V. Apaolaza, “Consumer attitude toward green energy brands,” Journal of Business Research, vol. 140, pp. 295–305, 2022.
Y. Chen and Y. Hou, “Impacts of design aesthetics, brand equity, and trust on electric vehicle purchase intention: an empirical study,” Journal of Brand Management, vol. 33, no. 1, pp. 54–72, 2026.
V. Vasseur and R. Kemp, “Adoption of photovoltaic systems and renewable energy technology,” Renewable Energy, vol. 185, pp. 560–570, 2022.
N. P. L. Santoso, B. Rawat, S. R. Ratri, D. Danang, D. F. C. Kumoro, R. Supriati, and E. A. Natalia, “Transformation of indonesian language in social media using ai expert systems and machine learning,” International Transactions on Artificial Intelligence, vol. 3, no. 2, pp. 130–139, 2025.
H. T. N. Ly and V. T. Quy, “Green brand equity: Conceptual foundations, drivers, and future pathways,” Business Strategy and the Environment, 2026.
P. Siitonen et al., “Consumer acceptance of smart grid technologies,” Technology Analysis and Strategic Management, 2024.
A. Agrawal, V. Balaji, M. K. Srivastava, and G. Lakshmanan, “Sustainable practices in peer-to-peer platforms: The impact of ethical practices on brand image, equity, and extension acceptance,” in Sustainable and Inclusive Practices for Building Authentic Brands. IGI Global Scientific Publishing, 2026, pp. 409–444.
L. Muralidhar, P. B. Rao, D. Deepak, V. Rahul, H. Purushotham, and R. Arun, “An empirical study examining the relationship between brand equity and corporate social responsibility,” in Navigating corporate social responsibility through leadership and sustainable entrepreneurship. IGI Global Scientific Publishing, 2025, pp. 195–226.
A. Dharmawansa, R. Madhuwanthi, and K. Chithrananada, “Evaluating the impact of brand equity on brand evangelism behavior with the mediating effect of brand trust: With special reference to the institutional market of power cable industry in sri lanka,” Journal of Business Research and Insights (former Vidyodaya Journal of Management), vol. 11, no. 01, 2025.
F. Boons and F. Ludeke-Freund, “Business models for sustainable innovation,” Organization and Environment, vol. 36, no. 1, pp. 12–30, 2023.
A. Faturahman, N. S. Lubis, N. P. L. Santoso, A. Adiwijaya, M. Madisson et al., “Impact of blockchain enhanced digital marketing on brand awareness of solar panels,” Blockchain Frontier Technology, vol. 5, no. 1, pp. 1–12, 2025.
N. Prakash and A. Thakur, “Navigating pathways toward sustainability: the interplay of consumer values, green brand equity and green purchase intentions for energy-efficient appliances,” Journal of Marketing Theory and Practice, vol. 34, no. 2, pp. 386–401, 2026.
L. Nurhidayah et al., “Indonesia just energy transition policy implications,” Climate Law, vol. 14, no. 1, pp. 36–66, 2024.
P. Harisandi, A. Yahya, D. Chandra, W. Windi, and A. Sagala, “Greening the customer mindset: Pathways from eco-friendly practices to purchase decisions through sustainable branding, brand equity, and brand attitude a case study of electric motorcycle consumers,” FIRM Journal of Management Studies, vol. 10, no. 1, pp. 100–112, 2025.
R. Dananjoyo et al., “Sustainable brand equity customer loyalty,” International Journal of Sustainable Development and Planning, vol. 18, no. 7, pp. 2281–2291, 2023.
A. Faturahman, S. Rahayu, S. Wijaya, Y. P. A. Sanjaya et al., “Information decentralization in the digital era: Analysis of the influence of blockchain technology on e-journal applications using smartpls,” Blockchain Frontier Technology, vol. 4, no. 1, pp. 7–14, 2024.
C. Simanullang, “Renewable natural gas adoption in indonesia,” Jurnal Ilmiah Manajemen Kesatuan, 2026.
B. A. Bramantyo, I. Sudirman, and F. Umar, “The influence of service quality and customer satisfaction on the trust and loyalty,” Hasanuddin Journal of Business Strategy, vol. 4, no. 1, pp. 62–72, 2022. [Online]. Available: https://garuda.kemdiktisaintek.go.id/documents/detail/2609930
N. F. Fauzi and S. Evanita, “Brand trust mediator social media marketing,” Journal of Marketing Management Studies, vol. 4, no. 3, 2024.
IEA, How Governments Support Clean Energy Start Ups Insights from Selected Approaches Around the World. Paris: OECD Publishing, 2022. [Online]. Available: https://doi.org/10.1787/291727bb-en
M. R. Ramadhani, “Social media marketing brand loyalty through engagement,” International Journal of Science Technology and Management, 2024.