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Tytuł artykułu

Approach for management of brand positioning: quantification of value matching between brand and target audience

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Warianty tytułu
PL
Podejście do zarządzania pozycjonowaniem marki: kwantyfikacja dopasowania wartości między marką a odbiorcą docelowym
Języki publikacji
EN
Abstrakty
EN
The paper aims to propose innovative ideas on developing brand management techniques. The authors apply a novel quantitative approach involving semantic analysis of external brand communications to determine whether the brand value system is aligned with customers’ core values. Based on the survey on the main life values of the selected audience, a standard scale was compiled, in which the structure of values is represented as a vector of 26 variables. On the other hand, the semantic core of each of the studied brands was analyzed and presented as a vector of comparisons with this scale. This allowed calculating the cosine proximity of the vectors of the value structure of brands to each other. To prove the concept, the research compares value structures of six luxury brands ranked among the most expensive in 2020. The suggested technique can be used as a tool for market analysis, in particular, strategic brand positioning management and setting up communication strategies of companies.
PL
Celem artykułu jest przedstawienie innowacyjnych pomysłów na rozwój technik zarządzania marką. Autorzy stosują nowatorskie podejście ilościowe polegające na analizie semantycznej zewnętrznej komunikacji marki w celu ustalenia, czy system wartości marki jest zgodny z podstawowymi wartościami klientów. Na podstawie badania głównych wartości życiowych wybranej grupy odbiorców opracowano standardową skalę, w której strukturę wartości przedstawiono jako wektor 26 zmiennych. Z kolei rdzeń semantyczny każdej z badanych marek został przeanalizowany i przedstawiony jako wektor porównań z tą skalą. Pozwoliło to na obliczenie cosinusowej bliskości wektorów struktury wartości marek względem siebie. Na potwierdzenie tej koncepcji w badaniu porównano struktury wartości sześciu luksusowych marek, które znalazły się wśród najdroższych w 2020 roku. Zaproponowana technika może być wykorzystana jako narzędzie do analizy rynku, w szczególności do zarządzania strategicznym pozycjonowaniem marki i tworzenia strategii komunikacyjnych firm.
Rocznik
Strony
96--111
Opis fizyczny
Bibliogr. 31 poz., rys., tab.
Twórcy
  • Head of Marketing Department
  • Lomonosov Moscow State University, Faculty of Economics
autor
  • Lomonosov Moscow State University, Faculty of Economics
Bibliografia
  • 1.Andreyuk D., Khrabrovskaya V., (2019). How to quantify and visualise motivation hierarchy of social group: semantic analysis. International Journal of Nanotechnology, V. 16 (6- 10), 307-315.
  • 2.Andreyuk D., Petrunin Y. and Khabarovskaya V., (2020). The method of clustering groups of young people on the basis of value meanings in relation to professional development and life in general. Gosudarstvennoe upravlenie. Electronnyi vestnik [E-journal. Public Administration], 83, 221-242.
  • 3.Best Global Brands - (2020). (Interbrand)|Ranking The Brands, Available at: https://www.rankingthebrands.com/The-BrandRankings.aspx?rankingID=37&year=1342, Access on: 22.02.2021.
  • 4.Boleda G., Herbelot A., (2017). Formal Distributional Semantics: Introduction to the Special Issue. Computational Linguistics, 42(4), 619-635.
  • 5.Cal B., Huseyinli T., (2021). Understanding message (de)coding in multi-lingual slogans: industrial perspectives from Turkey and Russia. International Journal of Emerging Markets. Article; Early Access.
  • 6.Faschan M., Chailan C. and Huaman Ramirez R., (2020). Emerging adults’ luxury fashion brand value perceptions: A cross-cultural comparison between Germany and China. Journal of Global Fashion Marketing, 11, 207-231.
  • 7.Gerasimenko V., (2019). Value Creation through Digital Technologies in Product Development on Russian telecommunications Market. Proceedings of the 7th International Conference “Innovation Management, Entrepreneurship and Sustainability” (IMES 2019), 220-228.
  • 8.Glukhova O., (2021). The brand semantics cultural adaptation strategies. Journal of teaching English for specific and academic purposes, 9(2), 193-203.
  • 9.Gurzki H, Schlatter N. and Woisetschlager D., (2019). Crafting Extraordinary Stories: Decoding Luxury Brand Communications. Journal of advertising, 48(4), 401-414.
  • 10.Hennigs N., Wiedmann KP., Klarmann C., Strehlau S., Godey B., Pederzoli D., Neulinger A., Dave K, Aiello G, Donvito R, Taro K, Táborecká‐Petrovičová J, Santos CR, Jung J. and Oh H., (2012). What is the value of luxury? A cross‐cultural consumer perspective. Psychology & Marketing, 29 (12), 1018-1034
  • 11.Ho M., (2021). Luxury Values Perceptions in Chinese and English: Deviation from National Cultures. Journal of International Consumer Marketing, 1-15. Early Access.
  • 12.Huang R, Ha S.J. and Kim S.H., (2018). Narrative persuasion in social media: an empirical study of luxury brand advertising. Journal of research in interactive marketing, 12(3), 274-292.
  • 13.Jacoby J., (1979). Brand Loyalty: Measurement and Management. Chestnut. - New York: Wiley.
  • 14.Khalifa D, Shukla P., (2017). Me, my brand and I: Consumer responses to luxury brand rejection. Journal of Business Research, 81, 156-162.
  • 15.Kliestikova J., Kovacov M., Krizanova A., Durana P. and Nica E., (2019). Quo Vadis Brand Loyalty? Comparative Study of Perceived Brand Value Sources. Polish Journal of Management Studies, 19 (1), 190-203.
  • 16.Kumar V., Reinartz W., (2016). Creating Enduring Customer Value. Journal of Marketing, 80(6), 36-68.
  • 17.Lim H., Childs M., Cuevas L. and Lyu J., (2021). Between you and me: The effects of content ephemerality and the role of social value orientation in luxury brands' social media communication. Journal of Global Fashion Marketing, 12(2), 120-132.
  • 18.Manning C., Raghavan P. and Schütze H., (2008). Scoring, term weighting, and the vector space model. In Introduction to Information Retrieval. Cambridge: Cambridge University Press, 100-123.
  • 19.Molthersbaugh D., Hawkins D. and Utomo E., (2016). Consumer behavior: building marketing strategy. McGraw Hill.
  • 20.Naletelich K., Paswan A., (2018). Art infusion in retailing: The effect of art genres. Journal of Business Research, 85, 514-522.
  • 21.O'Donnell K., Cramer H., (2015). People's Perceptions of Personalized Ads. 24th International Conference on World Wide Web (WWW), 1293-1298.
  • 22.Ochkovskaya M., (2018). Collaboration with art in the luxury industry as a marketing tool for value creation. Polish Journal of Management Studies, 18 (1), 241-251.
  • 23.Pepper M., Jackson T. and Uzzell D., (2009). An examination of the values that motivate socially conscious and frugal consumer behaviors. International Journal of Consumer Studies. 2009, 33 (2), 126-136.
  • 24.Rokeach M., (1973). The Nature of Human Values. Free Press, New York.
  • 25.Sheth J., (2021). New areas of research in marketing strategy, consumer behavior, and marketing analytics: the future is bright. Journal of Marketing Theory and Practice.
  • 26.Shukla P., (2010). Status consumption in cross-national context: socio-psychological, brand and situational antecedents. International Marketing Review- INT MARK REV, 27, 108- 129.
  • 27.Srivastava S., Nehme J., Luherne A. and Kone B., (2021). How Orange Achieved LongTerm Adaptability and Value Creation by Proactively Transforming its Business. MIS Quarterly Executive, 20(1), 39-60.
  • 28.The 2020 World's Most Valuable Brands (forbes.com), Available at: https://www.forbes.com/the-worlds-most-valuable-brands/#680fb66f119c, Access on: 22.02.2021.
  • 29.Wang Y., Chen H., (2020). Self-presentation and interactivity: luxury branding on social media. Journal of Product & Brand Management, 656-670.
  • 30.Wiedmann KP, Hennigs N. and Siebels A., (2007). Measuring consumers' luxury value perception: a cross-cultural framework. Academy of Marketing Science, Review 7.
  • 31.Zavolokina L., Ziolkowski R., Bauer I. and Schwabe G., (2020). Management, Governance, and Value Creation in a Blockchain Consortium. MIS Quarterly Executive, 19(1), 1-17.
Typ dokumentu
Bibliografia
Identyfikator YADDA
bwmeta1.element.baztech-17068816-cf42-49e3-ba25-79bc8a0b064e
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