Dr. Jennifer Stoner paper accepted into the International Marketing Review

Please join us in congratulating Dr. Jennifer Stoner, Assistant Professor in the Department of Marketing for her recent paper accepted into the International Marketing Review.

Title: “Cultural Equity: Knowledge and Outcomes Aspects”

Authors: Jennifer Stoner

International Marketing Review – JQL Level 3

Abstract:

Purpose: To propose cultural equity as a construct to better understand the characteristics that define a culturally symbolic brand and the downstream consequences for consumer behavior and nation branding in the era of globalization.
Design/Methodology Approach: Empirical investigation of the knowledge and outcome aspects of cultural equity with a total of 1,771 consumers located in three different countries/continents, 77 different brands as stimuli, and using a variety of measures, surveys, lab experiments, procedures, and consumer contexts.
Findings: Cultural equity is the facet of brand equity attributed to the brand’s cultural symbolism, or the favorable responses by consumers to the cultural symbolism of a brand. A brand has cultural equity if (a) it has a distinctive cultural symbolism in consumers’ minds (brand knowledge aspect of cultural equity: association with the central concept that defines the culture, embodiment of culturally-relevant values, and embeddedness in a cultural knowledge network), and (b) such symbolism elicits a favorable consumer response to the marketing of the brand (outcome aspect of cultural equity: favorable evaluations and strong self-brand connections).
Practical Implications: Offers a framework that allows marketers to develop cultural positioning strategies in hyper-competitive and globalized markets and identify ways for building and protecting their brands’ cultural equity.
Originality/Value: Advances our understanding of brands as cultural symbols by introducing cultural equity and integrates prior research on brand equity, cross-cultural differences in consumer behavior, country-of-origin effects, and nation branding.