Luxury branding and the creator Economy: Emerging challenges and future avenues
Emanuela Prandelli,
Yajin Wang and
Henri Weijo
International Journal of Research in Marketing, 2024, vol. 41, issue 3, 455-467
Abstract:
This paper identifies and discusses the main issues luxury brands should focus on when building relationships with content creators. We build on the most recent scholarship into luxury brand management as well as emerging evidence from recent initiatives put in place by some pioneers in the field, as recounted in interviews by both luxury brand managers and creator economy stakeholders. Specifically, our contribution wants to address two major challenges that luxury brands are facing in setting the right content creator ecosystem: how should creators be incorporated as strategic partners in luxury brands and how to leverage creators innovate luxury brands. Both theoretical implications and a clear set of managerial guidelines to orient luxury brands’ actions in the content creator economy are provided.
Keywords: Creator economy; Luxury branding; Managerial challenges (search for similar items in EconPapers)
Date: 2024
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Persistent link: https://EconPapers.repec.org/RePEc:eee:ijrema:v:41:y:2024:i:3:p:455-467
DOI: 10.1016/j.ijresmar.2024.07.004
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