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How possession can help individuals?
Authors: Marc Durlberg
Number of views: 482
The purpose of this paper is to consider the social and psychological roles played by possession. When consumers
buy brands they are not just concerned with their functional capabilities. They are also interested in the brand’s
personality, which they may consider appropriate for certain situations. They look to brands to enable them to
communicate something about themselves and also to understand the people around them better. The chapter focuses
on consumer rather than organizational brands, reflecting the greater emphasis placed on brand personality and
symbolism in consumer marketing. This does not necessarily mean they are inappropriate in business to business
markets, rather that they are not as frequently employed. We open the paper by considering the added values from the
images surrounding brands. We then address the symbolic role played by brands, where less emphasis is placed on
what brands do for consumers and more on what they mean for consumers. Different symbolic roles for brands are
identified, along with a consideration of the criteria necessary for brands to be effective communication devices. We
draw on self-concept theory to explain how consumers seek brands with images that match their own self-image. A
model of the way consumers select brands is presented, which shows how consumers choose brands to project images
appropriate for different situations. We then examine how personal values influence brand selection and show the
importance of brand personification as a means enabling consumers to judge brands easily. Different brand
personalities give rise to different types of relationships and we explore these relationships. Finally, we review the
way that semiotics, the scientific study of signs, can contribute to brand effectiveness.