Handbook on Brand and Experience Management
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Handbook on Brand and Experience Management

  • Elgar original reference

Edited by Bernd H. Schmitt and David L. Rogers

This important Handbook explores new and emerging directions in both brand management research and practice. It encompasses a diverse set of approaches including the latest academic research offering new frameworks for understanding brand management, the researcher’s perspective on current tools in practice by brand managers, new research and conceptual frameworks for understanding and managing customer experiences and recent empirical research and scale development in both brand and experience management. The book focuses on practical, managerial, and organizational best practices.
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Chapter 15: The Role of Brand Naming in Branding Strategies: Insights and Opportunities

Sanjay Sood and Shi Zhang

Extract

15. The role of brand naming in branding strategies: insights and opportunities Sanjay Sood and Shi Zhang INTRODUCTION: THE FOCUS OF TRADITIONAL BRANDING RESEARCH The branding strategy for a firm reflects the number and nature of common or distinctive brand elements applied to the different products sold by the firm. The often asked important questions include which brand elements can be applied to which products and what is the nature of new and existing brand elements that are to be applied to new products. One critical area that intersects several such brand elements is the research on brand extension. Past traditional research has revealed that successful brand extensions occur when the parent brand is seen as having favorable associations and there is a perception of fit between the parent brand and the extension product. There are many bases of fit: product-related attributes and benefits, as well as nonproduct-related attributes and benefits related to common usage situations or user types. In general, the findings point to the generalization that brand extensions are evaluated more favorably when perceived ‘fit’ is higher than when perceived fit is lower. Category similarity defined in terms of feature overlap is often used as the basis for fit judgments. For example, near extension categories that are physically similar to the parent brand category are evaluated more positively than far extension categories that are physically dissimilar to the parent brand category. A number of recent studies have explored situations in which the main...

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