Conceptualizing, Measuring, and Managing Marketing Assets: Developing the Marketing Assets, Communication Focus, and Capability Nexus
Pantea Foroudi ()
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Pantea Foroudi: Middlesex University London
Corporate Reputation Review, 2023, vol. 26, issue 3, No 4, 203-222
Abstract:
Abstract Marketing assets are a source of competitive advantage for hospitality and tourism companies and an essential driver of their performance. The concept of marketing assets is conceptualized as intellectual assets, physical or tangible assets, and cultural or intangible assets. Using six studies, we illustrate the reliability and validity of the data used. Constructed on a resource-based view, we identify the key communication aspect of marketing capability and its components (i.e. market sensing, customer relationship, corporate/brand identity management, design/innovation management, performance management, as well as communication/social media capability). Marketing assets and competences affect marketing capability; however, gender and age also impact the research constructs.
Keywords: Marketing assets; Physical/tangible assets; Intellectual and emotional assets; Physical/tangible assets; Cultural/intangible assets; Marketing capability; Competence; Gender; Age; Scale development (search for similar items in EconPapers)
Date: 2023
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Citations: View citations in EconPapers (2)
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DOI: 10.1057/s41299-022-00148-6
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