Journal article
Will social media kill branding?
Business horizons, v 58(1), pp 35-44
Jan 2015
Abstract
The traditional branding paradigm involved heavy upfront investment and tightly managing the image via controlled communications in hopes of creating dominant brands that could be leveraged to cultivate loyalty and a long-term, steady stream of profits. However, social media can drastically alter consumers’ behavior and their brand preferences. This rapidly evolving landscape has left managers at a loss, and what they are experiencing is likely the beginning of a tectonic shift in the way brands are managed. In this article, we take a close look at the building blocks of branding and also examine the core of social media. After careful analysis of the two, we discuss the likely impact social media will have on the practice of brand management. We conclude that it will extend beyond the narrow confines of the use of social media as a message platform, to the core of how markets are targeted and products are delivered. We make recommendations regarding how companies can manage various facets of branding in this new marketplace.
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Details
- Title
- Will social media kill branding?
- Creators
- Chiranjeev Kohli - California State University, FullertonRajneesh Suri - Drexel UniversityAnuj Kapoor - University of Utah
- Publication Details
- Business horizons, v 58(1), pp 35-44
- Publisher
- Elsevier
- Resource Type
- Journal article
- Language
- English
- Academic Unit
- Bennett S. LeBow College of Business
- Web of Science ID
- WOS:000348087500005
- Scopus ID
- 2-s2.0-84920559874
- Other Identifier
- 991019168005804721
InCites Highlights
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- Collaboration types
- Domestic collaboration
- Web of Science research areas
- Business