4.2 Article

Value instantiation: how to overcome the value conflict in promoting luxury brands with CSR initiatives

期刊

MARKETING LETTERS
卷 30, 期 3-4, 页码 307-319

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SPRINGER
DOI: 10.1007/s11002-019-09498-4

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Luxury brands; CSR; Value incompatibility; Value instantiation

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When luxury brands (exuding self-enhancement values) incorporate CSR (eliciting self-transcendence values) in their brand platform, they are blending opposing values into their marketing strategies, often resulting in negative responses from consumers. This research provides a solution to this problem value instantiation, which encourages people to generate reasons for a value and to pursue it via a concrete example. We introduce the following two approaches for instantiating self-transcendence values in the context of self-enhancement value pursuit: (1) exposing consumers to philanthropic activities of self-enhancement-driven celebrities (study 1) and (2) encouraging consumers to visualize themselves engaging in philanthropic activities while pursuing self-enhancement values (study 2). We show that such value instantiation, which promotes the integration of the values, reduces unfavorable responses to a luxury brand's product promoted with CSR appeals, particularly among the core consumers of luxury brands, who are self-enhancement driven, and thus would respond to the CSR appeals most negatively.

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