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The Business of Aspiration

Download or Read eBook The Business of Aspiration PDF written by Ana Andjelic and published by Routledge. This book was released on 2020-10-26 with total page 71 pages. Available in PDF, EPUB and Kindle.
The Business of Aspiration
Author :
Publisher : Routledge
Total Pages : 71
Release :
ISBN-10 : 9781000201505
ISBN-13 : 1000201503
Rating : 4/5 (05 Downloads)

Book Synopsis The Business of Aspiration by : Ana Andjelic

Book excerpt: The Business of Aspiration is about how consumers' shifting status symbols affect business and brand strategy. These changing status symbols, like taste, aesthetic innovation, curation or environmentalism create the modern aspirational economy. In the traditional economy, consumers signaled their status through collecting commodities, Instagram followers, airline miles, and busy back-to-back schedules. By contrast, in the aspirational economy, consumers increasingly convey status through collecting knowledge, taste, micro-communities, and influence. This new capital changes the way businesses and entire markets operate, and yet the modern aspirational economy is still an under-explored area in business and culture. The Business of Aspiration changes that. In this book, marketers will find examples, analyses and tools on how brands can successfully grow in the modern aspirational economy. The Business of Aspiration answers questions like, "what is good for my brand long-term?", "how is this business decision going to impact our culture?" or "what are the main objectives of our growth?" Marketers will learn to shift their brand narrative and competitive strategy, to create and distribute new brand symbols, and to ensure that their brand’s products and services create both monetary and social value.


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