Radclyffe-Thomas, Natascha and Roncha, Ana (2014) Sustainable marketing strategies prompting closer relationships between brands & consumers. In: 2nd International Colloquium on Design, Branding & Marketing, 9-10 December 2014, Nottingham Trent University.
Type of Research: | Conference, Symposium or Workshop Item |
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Creators: | Radclyffe-Thomas, Natascha and Roncha, Ana |
Description: | The cultural and social changes in the fashion industry have brought multiple challenges for brands. Demands about how fashion is produced and its implications to society are more frequent and have led the shift in the industry. The focus on ethical values has become a key strategic challenge for companies’ business and through the adoption of socially responsible practices, brands seek to influence consumers’ purchasing decisions and encourage them to engage with the value co-creation process. This shift is due to the fact that consumers are increasingly interested in brand stories and in being part of a dynamic relationship and full immersion with the brands they relate to. Due to the fact that consuming fashion products is considerably different from other commodities and encourage personal identity as well as a sense of worth, the social elements of fashion that lead to sustainable consumption need to be taken into consideration. When creating a positive image of ethical and sustainable fashion brands, marketing strategies play a pivotal role in terms of achieving clarity of messages and credibility in reaching consumers. In fact, they play an increasingly important role in this ethical approach and empowering them to make the right choice is a key element to this societal shift. According to Porter and Kramer (2006) and their theory of “Shared Value”, a sustainable business is not of one merely concerned with the environmental impact and changes but one that also complies with rebooting the economy and increasing local production. The authors believe that brands can create “shared value” by re-conceiving products and markets, redesigning productivity in the value chain and building supportive industry clusters at the company’s locations and by doing that, would be serving new needs, gaining efficiency, creating differentiation and expanding markets. By establishing a parallel between this theory and the current fashion landscape, we can witness that consumers increasingly expect retailers to behave in a socially responsible manner by undertaking societally beneficial activities and acting above and beyond their legal obligations (Varley & Rafiz, 2014). Due to the increasingly awareness in ethical and environmental impact, fashion has had to adapt to new business models that promote a sense of community building. Seemingly, it also invites them to support social entrepreneurship as well as address the power of business to influence social and environmental changes (SEUK, 2012). The chosen brand for this case study was the brand TOMS One-for-One®. The brand was founded in 2006 and relies on charitable collaborations as a fundamental aspect of its business model. The brand does not produce high profile advertising campaigns but relies on its growing brand community, storytelling and engaging with its consumers directly to spread the message and its mission. Through the One-for-One® giving model, that donates one pair of shoes for each pair bought, the brand has aimed to disrupt the established commercial systems in order to enhance the TOMS’ business model of social entrepreneurship. After footwear, other product categories have followed such as eyewear. TOMS’s brand community engages actively with the brand through social media and creative collaborations. This has proven to be TOMS’ competitive advantage - a business model built on philanthropy and that spans across all stakeholders and its conscious consumers whose commitment to social entrepreneurship ultimately drives sales. The brand derives brand value through its ethical and sustainable practices, collaboration with a larger community of fans united by unique storytelling and advocacy through digital channels. Purpose: Methodology: Findings: Originality: References |
Official Website: | https://www.ntu.ac.uk/nbs/news_events/icdbm_2014/index.html |
Keywords/subjects not otherwise listed: | brand communications, sustainability, social entrepreneurship, TOMS |
Your affiliations with UAL: | Colleges > London College of Fashion |
Date: | 9 December 2014 |
Event Location: | Nottingham Trent University |
Date Deposited: | 29 Jun 2015 14:17 |
Last Modified: | 29 Jun 2015 14:17 |
Item ID: | 8265 |
URI: | https://ualresearchonline.arts.ac.uk/id/eprint/8265 |
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