nep-mkt New Economics Papers
on Marketing
Issue of 2022‒07‒11
one paper chosen by
Marco Novarese
Università del Piemonte Orientale

  1. How brands mobilize status, reputation, and legitimacy cues to signal their social standing: The case of luxury watchmaking By Déborah Philippe; Alain Debenedetti; Damien Chaney

  1. By: Déborah Philippe; Alain Debenedetti (IRG - Institut de Recherche en Gestion - UPEC UP12 - Université Paris-Est Créteil Val-de-Marne - Paris 12 - UPEM - Université Paris-Est Marne-la-Vallée); Damien Chaney
    Abstract: While social evaluations have gained prominence in the field of marketing, few studies have investigated how brands strategically mobilize their social evaluations. This study aims to further explore the potential of social evaluations to shed light on brand management processes. Through a qualitative content analysis of 420 unique magazine ads of 36 fine watchmaking brands over a four-year period, we show how brands strategically draw from the distinct repertoires of status, reputation, and legitimacy to signal their social position and increase their appeal to consumers. We find that brands mobilize and combine cues from the three repertoires in different ways and that these variations stem from differences in the brands' strategic intent and extent of market embeddedness. We discuss the contributions of these findings to the marketing literatures on social evaluations and on the role of advertising in brand building and conclude by outlining avenues for future research.
    Keywords: Legitimacy,status,reputation,branding,market system dynamics,social evaluations,luxury
    Date: 2022

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