Family business branding communicating a family-based brand identity

Scholars suggest that family-owned businesses can capitalize on their family ties by promoting the fact that they are family-owned in their marketing communications. Existing research suggests that promoting the familial component of a family-owned business can evoke positive associations with the b...

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Bibliografiset tiedot
Päätekijät: Elbanna, Karim, Hakala, Henna-Leena
Muut tekijät: Kauppakorkeakoulu, School of Business and Economics, Business and Economics, Taloustieteet, University of Jyväskylä, Jyväskylän yliopisto
Aineistotyyppi: Pro gradu
Kieli:eng
Julkaistu: 2017
Aiheet:
Linkit: https://jyx.jyu.fi/handle/123456789/54489
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author Elbanna, Karim Hakala, Henna-Leena
author2 Kauppakorkeakoulu School of Business and Economics Business and Economics Taloustieteet University of Jyväskylä Jyväskylän yliopisto
author_facet Elbanna, Karim Hakala, Henna-Leena Kauppakorkeakoulu School of Business and Economics Business and Economics Taloustieteet University of Jyväskylä Jyväskylän yliopisto Elbanna, Karim Hakala, Henna-Leena Kauppakorkeakoulu School of Business and Economics Business and Economics Taloustieteet University of Jyväskylä Jyväskylän yliopisto
author_sort Elbanna, Karim
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description Scholars suggest that family-owned businesses can capitalize on their family ties by promoting the fact that they are family-owned in their marketing communications. Existing research suggests that promoting the familial component of a family-owned business can evoke positive associations with the business' stakeholders, increase employee loyalty and motivation, and be a source of competitive advantage against non-family businesses. Although there is an increasing awareness that family-owned businesses can benefit from promoting the fact that they are family-owned in their marketing and branding efforts, very little literature exists on how such a strategy is effectively implemented. By applying qualitative research methods, this study aims to determine how small to medium-sized Finnish family-owned businesses promote the familial component of their business in their branding strategies, why they do so, and how communicating a family-based brand is seen by the company communicating it and its stakeholders. In this study, the data was collected by conducting eight in-depth interviews, seven of which were conducted with informants from small to medium-sized Finnish family-owned businesses, and one with a marketing specialist from a branding agency. The findings of this study suggest that a family-based brand identity can be effectively communicated through oral discussion, and by creating a family-like atmosphere at the workplace. The findings reveal that a family-based brand identity promotes trust and creates close and loyal relations with stakeholders of the company projecting it, and that it can positively affect employee motivation and loyalty, especially when companies promote a family-like atmosphere at the workplace. This study provides managerial implications regarding strategies family-owned businesses can utilize to communicate a family-based brand identity and enhance the benefits it creates for the business and its employees. In addition, future research opportunities are discussed and presented.
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Existing research suggests that promoting the familial component of a family-owned business can evoke positive associations with the business' stakeholders, increase employee loyalty and motivation, and be a source of competitive advantage against non-family businesses. Although there is an increasing awareness that family-owned businesses can benefit from promoting the fact that they are family-owned in their marketing and branding efforts, very little literature exists on how such a strategy is effectively implemented.\r\nBy applying qualitative research methods, this study aims to determine how small to medium-sized Finnish family-owned businesses promote the familial component of their business in their branding strategies, why they do so, and how communicating a family-based brand is seen by the company communicating it and its stakeholders. 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spellingShingle Elbanna, Karim Hakala, Henna-Leena Family business branding : communicating a family-based brand identity Family business family business branding family-based brand identity familial component familiness Yrittäjyys Entrepreneurship 20422 perheyritykset brändäys yrityskuva markkinointiviestintä
title Family business branding : communicating a family-based brand identity
title_alt Communicating a family-based brand identity
title_full Family business branding : communicating a family-based brand identity
title_fullStr Family business branding : communicating a family-based brand identity Family business branding : communicating a family-based brand identity
title_full_unstemmed Family business branding : communicating a family-based brand identity Family business branding : communicating a family-based brand identity
title_short Family business branding
title_sort family business branding communicating a family based brand identity
title_sub communicating a family-based brand identity
title_txtP Family business branding : communicating a family-based brand identity
topic Family business family business branding family-based brand identity familial component familiness Yrittäjyys Entrepreneurship 20422 perheyritykset brändäys yrityskuva markkinointiviestintä
topic_facet 20422 Entrepreneurship Family business Yrittäjyys brändäys familial component familiness family business branding family-based brand identity markkinointiviestintä perheyritykset yrityskuva
url https://jyx.jyu.fi/handle/123456789/54489 http://www.urn.fi/URN:NBN:fi:jyu-201706142862
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