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Lucky names: Superstitious beliefs in Chinese corporate branding strategy for bank marketing
Affiliation:1. School of Economics, Wuhan University of Technology, China;2. Adelaide Business School, University of Adelaide, Australia;3. Adelaide Business School, University of Adelaide, 10 Pulteney Street, Adelaide, South Australia 5000, Australia
Abstract:Of all the Chinese supernatural beliefs, name-giving, whether applied to a person or a product, is extremely important, and is often considered to be closely related to fate. To this respect, this study examined the relationship between branding practices and supernatural beliefs in Chinese corporate branding strategy for bank marketing. Analytical results demonstrated that in over 50% of cases, these brand names involved a lucky number of total strokes. Finally, we suggest that the lucky-stroke-number naming strategy can be used as a tool in Chinese brand naming. Especially marketers can achieve more effective corporate branding in the Chinese business world.
Keywords:Bank marketing  Supernatural beliefs  Corporate branding  Chinese brand name  Lucky name  Total stroke number
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