The organic view of the brand: A brand value co-creation model
The evolution of brand management has led to a new approach that views brands as social processes involving multiple stakeholders. However, there is still a lack of empirical research about how brand value is co-created within stakeholder networks. Based on the fieldwork, this article presents an or...
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Published in | The journal of brand management Vol. 20; no. 8; pp. 670 - 688 |
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Main Authors | , , |
Format | Journal Article |
Language | English |
Published |
London
Palgrave Macmillan UK
01.09.2013
Palgrave Macmillan |
Subjects | |
Online Access | Get full text |
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Summary: | The evolution of brand management has led to a new approach that views brands as social processes involving multiple stakeholders. However, there is still a lack of empirical research about how brand value is co-created within stakeholder networks. Based on the fieldwork, this article presents an organic view of the brand (OVB), and a resulting brand value co-creation framework that develops earlier brand models. The OVB takes into account the perspectives of different business settings, ranging from fast moving consumer goods, to services and business-to-business. According to the OVB, brand value is conversationally co-created by many different stakeholders in a fluid space subject to constant negotiation and often develops beyond the strategic aims set by brand managers. One consequence of this is that managers will need to develop a new leadership style that is more humble, open and participatory. |
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Bibliography: | SourceType-Scholarly Journals-1 ObjectType-Feature-1 content type line 14 |
ISSN: | 1350-231X 1479-1803 |
DOI: | 10.1057/bm.2013.8 |