Project Details
Abstract
Relationship marketing stresses attracting, maintaining, and enhancing
long-term customer relationships instead of focusing on individual transactions.
Such long-term relationships provide a competitive advantage and strategic
resource for the firm. A brand community is a specialized, non-geographically
bound community, based on a structured set of social relationships among
admirers of a brand. Community is arguably the fundamental social relationship,
having its roots in the familial relationship often used to define relationship
marketing. It provides a good template to overlay the relationship between the
company/ brand and those who consume. Recently, the notion of the brand
community occupies a particularly important space in marketing research. Many
studies underline this interest, including the ability of brand communities to
influence members』 perceptions and actions, to rapidly disseminate information,
to engage and collaborate with highly loyal customers; and to engage in
activities. Despite this body of work, there has been a dearth of research
focusing on the value-building process within a community. The conceptual
model proposed in this paper is an attempt to close the theoretical gap. This
paper has presented a testable model describing the relationship between the
determinants and consequences of brand community identification. The author
examines three characteristics, including company-related factors,
consumer-related factors and network-related factors that marketers can leverage
to enhance consumers' identification with a community and, ultimately, increase
brand equity and brand extension intention. Overall, we pursue two goals in this
paper. First, we identify three characteristics that promote identification.
Secondly, this article forwards a framework illustrating the role of community
identification in the construction of brand equity and brand extension.
Project IDs
Project ID:PF9611-0082
External Project ID:NSC96-2416-H182-010
External Project ID:NSC96-2416-H182-010
Status | Finished |
---|---|
Effective start/end date | 01/10/07 → 31/07/08 |
Keywords
- Portfolio selection model
- distribution of asset return
- outlier
- sampling horizon.
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