Abstract
This study integrates socio-ethnological considerations with the nuances of product and brand strategy research to derive a dynamic system of paradigms that explain determinants for successful products through brand function by enculturalization conformance. We use empirical evidence to support our proposed paradigms that a product value intended by a business in one culture does not necessarily translate into equivalent value in another until it becomes congruent with local contexts. The process is so coined as brand function that is largely dependent upon enculturalization, both locally and internationally, subject to certain limitations. We also propose a typology of product classifications from the broadened global business perspective through our mathematical reasoning and illustrations and a set of paired axioms of Brand-in-Value for Firms (BIV-Firm) and Brand-in-Value for Markets (BIV-Market) in a cross-cultural setting with an illustration using Hofstede’s power distance that can be used to derive effective and context-suitable marketing strategies in a global business environment.
| Original language | English |
|---|---|
| Title of host publication | Proceedings of the 56th Annual Meeting of the Academy of International Business |
| Subtitle of host publication | Local Contexts in Global Business |
| Editors | Klaus Meyer, Tunga Kiyak |
| Publisher | Academy of International Business |
| Pages | 269 |
| Number of pages | 1 |
| Publication status | Published - 26 Jun 2014 |
| Event | 56th Annual Meeting of the Academy of International Business, AIB 2014: Local Contexts in Global Business - Vancouver, Canada Duration: 23 Jun 2014 → 26 Jun 2014 https://www.aib.world/wp-content/uploads/2019/04/Program-2014-Vancouver.pdf (Link to conference programme) https://www.aib.world/wp-content/uploads/2019/04/Proceedings-2014-Vancouver.pdf (Link to conference programme) |
Publication series
| Name | Proceedings of the Annual Meeting of the Academy of International Business |
|---|---|
| Publisher | Academy of International Business |
| ISSN (Electronic) | 2078-0435 |
Conference
| Conference | 56th Annual Meeting of the Academy of International Business, AIB 2014 |
|---|---|
| Country/Territory | Canada |
| City | Vancouver |
| Period | 23/06/14 → 26/06/14 |
| Internet address |
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