TY - JOUR
T1 - Legendary luxury brands
T2 - inventing the future by reaching to the past
AU - Carpenter, Gregory S.
AU - Barlier, Xavier
N1 - Publisher Copyright:
© 2021, Academy of Marketing Science.
PY - 2021
Y1 - 2021
N2 - Unlike many other brands, luxury brands can enjoy remarkably enduring success. This paper presents an interview with a senior executive responsible for marketing Maison Louis Roederer’s champagnes, including the legendary Cristal, in the United States for the last 20 years. We explore the differences between luxury and mass-market brands, the role of creative vision, how brands remain relevant through innovation while remaining faithful to their history, and how luxury brands create passionate buyers who seek to be a part of the brand, not simply consumers of the brand. We conclude with a discussion of the implications for market orientation, understanding consumers as fans, and other future research topics.
AB - Unlike many other brands, luxury brands can enjoy remarkably enduring success. This paper presents an interview with a senior executive responsible for marketing Maison Louis Roederer’s champagnes, including the legendary Cristal, in the United States for the last 20 years. We explore the differences between luxury and mass-market brands, the role of creative vision, how brands remain relevant through innovation while remaining faithful to their history, and how luxury brands create passionate buyers who seek to be a part of the brand, not simply consumers of the brand. We conclude with a discussion of the implications for market orientation, understanding consumers as fans, and other future research topics.
KW - Branding
KW - Competitive advantage
KW - Luxury
KW - Market orientation
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U2 - 10.1007/s13162-021-00207-x
DO - 10.1007/s13162-021-00207-x
M3 - Article
AN - SCOPUS:85118139087
SN - 1869-814X
JO - AMS Review
JF - AMS Review
ER -