By Deborah J. MacInnis
Model relationships are serious simply because they could improve corporation profitability through decreasing client acquisition and retention charges. this can be the 1st critical educational publication to provide a mental point of view at the which means of and foundation for model relationships, in addition to their results. "The instruction manual of name Relationships" comprises chapters by way of famous advertising and psychology students on themes relating to the which means, importance, and size of name relationships; the severe connections among shoppers and the logo; how model relationships are shaped via either considerate and non-thoughtful procedures; and the way they're outfitted, repaired, and leveraged via model extensions. An integrative framework introduces the booklet and summarizes the chapters' key principles. The guide additionally identifies numerous novel metrics for measuring a variety of elements of brand name relationships, and it comprises thoughts for additional examine.
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Extra info for Handbook of Brand Relationships
1996). The Mechanisms of Governance. New York, NY: Oxford University Press. ——— (1975). Markets and Hierarchies. New York, NY: The Free Press. Chapter 2 USING RELATIONSHIP NORMS TO UNDERSTAND CONSUMER-BRAND INTERACTIONS Pankaj Aggarwal Even though marketing practitioners have long imbued brands with human traits with the intuitive objective of making their brands more endearing, distinctive, and desirable, marketing researchers have only recently started exploring the brand-as-person metaphor to gain insights into consumer behavior.
Ostom (2007). “A Cup of Coffee with a Dash of Love: An Investigation of Commercial Social Support and Third-Place Attachment,” Journal of Service Research, 10 (1), 43–59. Rousseau, Denise M. (1989). “Psychological and Implied Contracts in Organizations,” Employee Responsibilities and Rights Journal, 2 (2), 121–39. , and Judi McLean Parks (1992). “The Contracts of Individuals and Organizations,” Research in Organizational Behavior, 15, 1–43. , Sim B. Sitkin, Ronald S. Burt, and Colin Camerer (1998).
As a field, we have always been interested in strong versus weak relationships, with extensive learning generated under the brand loyalty rubric. , master-slaves and childhood friendships). Savvy relationship research recognizes that consumer-brand relationships are quite complex, necessitating differential treatment according to their operative terms. The multiplex phenomenon lends itself well to the development of marketing metrics, both to measure the strength levels of different brand relationships and to qualify various relationship types and forms.