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Brandsphere: Expected Value Vs Cognition Value

Author

Listed:
  • Dinko Jukic

    (School of merchant “Davor Milas” in Osijek)

  • Bozica Dunkovic

    (Agency for Development, Osijek-Baranya County in Osijek)

Abstract

Brand is a perceptual entity that has begun in its materialization, but is reflected into consumer perceptions so is subject to the laws of neuromarketing. The conflict that arises between consumer desires and goal producers overbridge the emotional branding. Emotional branding is based on the neuromarketing influence of amygdal on customer choice. The brand is a producers most valuable property. According to holistic marketing there are three relevant categories for building a brand: personalization, integration and internalization. Comparing modern Gobe’s premise of emotional branding and brand Lindstrom’s sensibility the brand is transforming into, so-called, “living organism”. Since the brand with social validation is connected with consumers identity, it can be seen through the context of socially responsible marketing. Keller’s principle of creating brands, among other, is based on the systematic and image that reflects the product. Consumer brandsphere is the most important category, which includes a corporation, macro-environment, distribution and competition. The market value of stamps can be understood through the context of the brand essence, or thanks to the image and brand cognition. However, the brand as a phenomenological matrix becomes a psychosocial phenomen, because the 80% of the brand essence is based on the values of the untouchable.

Suggested Citation

  • Dinko Jukic & Bozica Dunkovic, 2010. "Brandsphere: Expected Value Vs Cognition Value," Interdisciplinary Management Research, Josip Juraj Strossmayer University of Osijek, Faculty of Economics, Croatia, vol. 6, pages 751-763.
  • Handle: RePEc:osi:journl:v:6:y:2010:p:751-763
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    References listed on IDEAS

    as
    1. Katarzyna Sznajd-Weron, 2005. "Sznajd model and its applications," HSC Research Reports HSC/05/04, Hugo Steinhaus Center, Wroclaw University of Technology.
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    Keywords

    brand; brandsphere; brand essence; emotional branding; customer;

    JEL classification:

    • M31 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Marketing and Advertising - - - Marketing

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