BRANDS AND SYMBOLS DISCUSSION 4

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BRANDS AND SYMBOLS DISCUSSION 4

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'Economic man' is not always rationale, nor economic. ... Status and wealth Mercedes or Rolex. Country of origin Singha beer ... – PowerPoint PPT presentation

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Title: BRANDS AND SYMBOLS DISCUSSION 4


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BRANDS ANDSYMBOLSDISCUSSION 4
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Brands and Symbols
  • Symbols for Sale Levy (1959)
  • Revolutionary article for its time.
  • Levys basic premise
  • Economic man is not always rationale, nor
    economic.
  • sellers of goods are engaged, whether willfully
    or not, in selling symbols, as well as practical
    merchandise (Levy 1959 p. 117)
  • Today more than ever, symbolism matters.

Brands and Symbols Discussion Slide 1
3
Brands and Symbols
  • CLASS EXERCISE
  • Partner up with another student and interview
    each other about a recent product purchase at the
    grocery store.
  • During the interview find out about
  • Purchase details (what, where, when, etc.)
  • Motivations underlying the product purchase
  • Once you have a list of motivations, determine
    those which are functional and those which are
    symbolic.
  • Get with a group of students and develop a
    typology of symbolic and functional aspects of
    product purchase.

Brands and Symbols Discussion Slide 2
4
Brands and Symbols
  • What is a symbol?
  • -where an object, action or word, picture or
    complex behavior is understood to mean not only
    itself but also some other ideas or feelings
    (Levy 59, p. 119)
  • Symbols serve various functions in marketing.
  • Brands can use various symbols to represent a
    product
  • Symbols (e.g., American flag) can be used in ads
  • Objects (e.g., brands) can possess symbolic
    meaning

Brands and Symbols Discussion Slide 3
5
Brands and Symbols
  • Semiotics - science of meaning (Arnould et al.)
  • Semiosis process of communication by any type
    of sign
  • Sign anything that stands for something else
  • Brands can serve in such a role
  • Symbolic meaning of brands can indicate
  • Status and wealth Mercedes or Rolex
  • Country of origin Singha beer
  • Regional symbols Northwest microbrews
  • Group or cultural identity sportsgangs
    communities

Brands and Symbols Discussion Slide 4
6
Brands and Symbols
  • Some important observations from Levy (59)
  • People buy things not only for what they can do,
    but also for what they mean (p. 118)
  • Conspicuous consumption acquisition and
    visible display of luxury goods and services to
    demonstrate ones ability to afford them
    (Arnould et al., really Veblen 1899)
  • Each person aims to enhance his sense of self,
    and behaves in ways that are consistent with his
    image of the person he is or wants to be (p.119)
  • Usually it is hard to evade thinking of
    inanimate things as male or female (p. 120)

Brands and Symbols Discussion Slide 5
7
Brands and Symbols
  • More observations from Levy (59)
  • so are they sensitive to symbols of age
  • Most goods say something about the social world
    of the people who consume them (p. 122)
  • Symbolic meaning may not be constant
  • symbolism can become confined to a social class
    subgroup (p. 122)
  • consumers may discover meanings additional to or
    even contrary to the intended meaning (p. 122)
  • there are underlying trends that affect and are
    affected by the spirit of the times (p. 124)

Brands and Symbols Discussion Slide 6
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