Luxury Brand Development

Literaturhinweise

Luxury Brand Development     

三亚半山半岛盛大开盘 荣耀全球

2008年1月1日上午9时,备受海南房地产界关注的楼盘三亚半山半岛正式火热开盘,引起国内外客商的大力追捧。据悉,开盘当日,其18000元/平米的销售均价,受到市场的普遍认可。不少业内人士惊呼海南的大盘时代真正     

品牌魅力论之鼎艺品牌解码

D＆E致力于为企业提供全方位的设计和品牌战略服务。D＆E全力投入到帮助企业发现、表达和管理品牌的核心资产，并保持其可持续发展的创新研究中。D＆E植根本土，同时具有国际观的品牌和设计发展的思维。品牌无论成功或失败，D＆E荣辱与共。 作为一支中国专业广告设计的优秀团队，D＆E唱响与众不同的声音。[编者按]     

Dimensions of Luxury Brand Personality: Scale Development and Validation

Both the marketing industry and academia have been paying more attention to the growth and potential of the luxury market. This research developed a theoretical framework for understanding the dimensions of luxury brand personality and a reliable and valid scale that measures these dimensions. When 30 luxury brands, ranging from fashion to automobile and retail, were assessed on a set of diverse personality attributes, six dimensions representing luxury brand personality were identified: Excitement, Sincerity, Sophistication, Professionalism, Attractiveness, and Materialism. Findings indicate that while three dimensions, Sincerity, Excitement, and Sophistication, share similar qualities with those identified in Aaker's (1997) scale for general brand personality, the other three dimensions, Professionalism, Attractiveness, and Materialism, reflect meanings unique and specific to luxury brands. Altogether, the results of this research hold the notion that luxury brands serving as consumption symbols provide both utilitarian benefits and symbolic meanings to contemporary consumers.     

奢侈与大众:参照群体影响下的自我-品牌联系

基于参照群体影响理论,本次研究目标是考察3类参照群体影响下,消费者形成自我-品牌联系的差异.研究表明:消费者对公开消费奢侈品牌和私下消费奢侈品牌的自我-品牌联系,在价值表达性影响下评价最高;对公开消费大众品牌的自我-品牌联系,在功利性影响下评价最高;对私下消费大众品牌的自我-品牌联系,在信息性影响下评价最高.研究的管理意义在于帮助企业和市场营销人员利用参照群体影响效用制定合理的产品信息交流策略.     

Drivers of Brand Extension Success: What Really Matters for Luxury Brands

The use of brand extensions has become fundamental to the business model of most luxury brands. Many traditional luxury brands such as Louis Vuitton or Chanel have expanded into traditional luxury sectors beyond their core business. Some brands such as Armani or Prada even crossed boundaries to nontraditional lifestyle segments to pursue new business opportunities. Given the high practical relevance of brand extensions for luxury brands and the importance to understand the success factors for their extendibility and potential backward effects on the parent brand, surprisingly little research has addressed these issues for luxury brands in comparison to nonluxury brands. The current research reveals extension‐related differences between luxury and nonluxury brands by simultaneously analyzing key dimensions of parent brand value, fit, and extension category involvement on the consumer's attitude toward the brand extension, which in turn influences the postextension image of the parent brand. Results of a structural equation model based on a survey among 492 participants show that the predominant driver of brand extension success for both luxury and nonluxury brands is overall extension fit, followed by the consumer's involvement in the extension category. The influence of functional value of the parent brand on the extension evaluation is more important for nonluxury brands. The hedonic value of the parent brand is found to be of relevance only in case of luxury brands. Moreover, a reciprocal spillover effect between the extension evaluation and the parent brand evaluation is observed. The degree of luxuriousness of the parent brand moderates this relationship. This effect is weaker for luxury brands.     

How to Align your Brand Stories with Your Products

The role of stories and their influence on communication have been widely discussed, yet despite recent advances, the elements that constitute a good brand story and their alignment with product types remain unclear. This study uses four between-subjects experiments to test hypotheses pertaining to the appropriate stories for both search and experience products. Authenticity, conciseness, reversal, and humor are generally useful in engaging readers, though brand story elements influence customer attitudes differently for search versus experience products. Authenticity is more important for experience than search products; conciseness has a significant influence on brand attitude only for search products; reversal is more critical to improve brand attitude for experience than search products; and humor exerts a relatively greater influence for search than for experience products. These findings provide insights for marketers who want to design brand stories that align with their products.     

Consumer‐Generated Representations: Muslim Women Recreating Western Luxury Fashion Brand Meaning through Consumption

The aim of this paper is to explore the influence of consumer‐generated representations on symbolic brand meaning. The term consumer‐generated representation is used in this research to refer to the image created for a brand based on the defining characteristics of a consumer or group of consumers. A preliminary qualitative study consisting of 12 in‐depth interviews was conducted in Kuwait, specifically exploring Muslim female consumers as consumers of western luxury fashion brands. The findings show that Muslim female consumers generate “Modestly Sexy” representations that recreate meaning for western luxury fashion brands in Kuwait. Thus, marketers need to recognize the importance of managing consumer‐generated representations on a global scale.     

M(Art)Worlds: Consumer Perceptions of How Luxury Brand Stores Become Art Institutions

Through an ethnographic study of how consumers perceive and experience Louis Vuitton flagship stores, we show that luxury stores are becoming hybrid institutions, embodying elements of both art galleries and museums, within a context of exclusivity emblematic of luxury. We create the term “M(Art)World” to capture the essence of this aesthetically oriented strategy. Participants take note of the company's sleekly elegant architecture, interior design, and adroit use of lighting that are modelled after those of museums housing world-class exhibits. The store's merchandize is artisanal, often produced in collaboration with artists. Objects for sale are displayed alongside actual art, rendering both products equivalent. Employees function as curators, offering guidance and knowledge, as well as goods for sale. We analyze how luxury consumers experience and evaluate the ways in which luxury stores operate as contemporary art institutions, and extrapolate those insights into managerial implications for other retail venues.     

The Communications—Effectiveness of Comparative Advertising for a New Brand on Users of the Dominant Brand

Abstract

An experiment was employed to examine the effectiveness of comparative magazine advertising appeals when employed by new brands competing with a dominant brand in their product category. Three experimental treatments were used: a direct comparative copy appeal; a “brand X” comparative copy appeal in which comparisons were made with “the leading brand;” and, a non-comparative copy appeal. Results of the experiment suggest that a non-comparative or straight sell appeal is more effective than comparative appeals for new brands competing with a dominant brand.     

The Role of Brand Communications in Consumer Purchases of Organic Foods: A Research Framework

Despite a high level of awareness about organic foods in the marketplace, consumer purchases remain relatively low. This article develops a research framework for translation of relatively high consumer awareness of organic foods to increased consumer purchases. Literature review reveals that both a lack of knowledge in how foods qualify as organic and consumers’ mistrust in the way organizations apply the word organic prevents consumers from engaging in organic food purchases. Furthermore, being organic is no longer enough as organic products have become commoditized in the marketplace. With such an increasing commoditization of organic products, there is a growing pressure for organics to more effectively differentiate themselves. Accordingly, there is a dual branding opportunity for upgrading the current state of consumer awareness into both a higher volume of purchases and expanding the consumer base. This article proposes a research framework utilizing brand communications that could play a central role in triggering higher levels of consumer awareness, translating into increased volumes of organic purchases. This research framework considers consumer benefits an antecedent to brand communications and organic knowledge and consumer trust the mediators in influencing consumer organic purchases.     

打破奢侈的逻辑

从一个美国本土市场中暮气沉沉、毫无特色的中间品牌，华丽变身为全球一线奢侈品牌，Coach的转型是每个希望实现品牌升级、甚至能够跻身奢侈品牌之列的中国企业都不该错过的故事。     

广州日立电梯:铸就极致安全体验

企业履行社会责任和实现经营目标并不矛盾。广州日立电梯有限公司通过提供高品质和安全的产品和服务、积极履行社会责任,实现了企业的可持续发展。在日立电梯公司,CSR已经整合到经营和战略规划当中。日立电梯认为,CSR既是一件必须做的事,也是一件值得做的事,是企业实现经营目标和企业使命的机会和途径。     

Sinosteel：Extraordinary Moves in Industry Chess

Among the Fortune 500 firms,more and more images from China emerge out.On the 2008 list,Sinosteel Corporation,a landmark group of China industries quietly squeezes into the candidate line.As the largest steel service ＆ trade enterprise,its sales reached at RMB 111.24 billion,with a year-on-year increase of 83.03 percent,and the profit grew by 180.03 percent.On the Sinosteel 2008 Work Meeting,the president Huang Tianwen uttered,＂In the coming year,we will work for US$20 billion sales,and look forward to getting a position in Fortune 500 firms for ourselves.＂     

Chinese Luxury Consumers: Motivation,Attitude and Behavior

This study examines Chinese consumers’ motives, attitudes toward luxury brands (ATLB), and the impact of ATLB on consumer behavior. Specifically, Chinese luxury consumers were segmented into three groups: the elitist, the distant, and the democratic. Compared to the democratic group, the more one believes luxury is of good quality, the less likely one will belong to the distant group; the more likely one buys luxury for others, the more likely one belongs to the distant group. The more one buys luxury for self-actualization, the more likely one belongs to the elitist group. The more one consumes luxury for social comparison reasons, the more likely one belongs to the elitist. The more often one buys luxury for special times, the more likely one belongs to the elitist. Results show that the elitist on average bought more pieces of luxury products than the distant and the democratic.     

MANAGING INTEGRATED MARKETING COMMUNICATION (IMC) THROUGH STRATEGIC DECOUPLING: How Luxury Wine Firms Retain Brand Leadership While Appearing to Be Wedded to the Past

Firms increasingly leverage cultural sources of authenticity in their communication strategies to derive competitive advantage and brand value. The management of authenticity presents problems for brand managers. This paper draws on institutional theory by examining how firms deliberately decouple projected images from internal operations to create powerful brand images. The authors explore the strategies of 26 prestige wineries across 5 countries, and find that brand managers deliberately decouple outward images from internal practices, walking a fine line between remaining "true" to important values and real commercial considerations. The findings challenge whether integrated marketing communication (IMC) always requires tight integration with internal operations (the "one voice, one look" view of IMC). Our findings have particular relevance for niche marketers.     

消费者品牌钟爱与品牌忠诚:以品牌敏感为中介

文章通过文献研究和访谈提炼消费者品牌钟爱的维度,在品牌钟爱对品牌忠诚总体性直接作用研究的基础上,进一步探索品牌钟爱与品牌忠诚的维度间关系,同时引入品牌敏感作为中介变量,构建了包含品牌钟爱对品牌忠诚直接作用与间接作用的关系模型。基于消费者运动鞋品牌的实证研究发现:品牌钟爱包含品牌满意与信任、品牌激情、品牌依恋三个维度;品牌激情对品牌行为忠诚有直接的正向作用,品牌依恋对品牌行为忠诚和品牌态度忠诚均有直接的正向作用;品牌满意与信任、品牌依恋对品牌敏感均有正向作用,并以品牌敏感为中介,对品牌行为忠诚和品牌态度忠诚产生间接的正向作用。     

Diversity,tokenism, and comic books: Crafting better strategies

This article examines aspects related to diversity and inclusion in the context of media products. Specifically, it looks at key issues surrounding strategies to increase diversity and inclusion in comic books that come up short because of problems of implementation and execution. Using the context of Marvel Comics’ “All-New, All-Different” strategy, whereby the firm created a myriad of new characters from traditionally underrepresented backgrounds, we explain how diversity strategy can backfire. In our analysis, both netnographic and interview data show how issues of perceived tokenism and of content creation without appropriate depth can thwart consumer acceptance of diversity and inclusion strategies. Consumer rejection of these strategies can harm both sales and brand equity. Implications for marketing managers and content creators are discussed.