„Nostalgia is deeply implicated in our sense of who we are, what we are about, and (though possibly with much less inner clarity) whither we go. In short, nostalgia is a readily accessible psychological lens…for never ending work of constructing, maintaining and reconstructing our identities.“ (Davis, 1979, in Belk, 1988, p.150) |
Report on the Case Study on Canadian Club Whisky
Table of Content 1 Context and Problem Definition 2 2 Theoretical Framework 4 3 Critical Issues 7 4 References 8
Table of Figures Figure 1 3 Figure 2 4 Figure 3 5 Figure 4 7
Abbreviations Canadian Club | CC | Symbolic Consumption | SC | Target Group | TG | Target Segment | TS | Integrated Marketing Communication | IMC | Consumer Behavior | CB | | | *
Context and Problem Definition
Canadian Club (CC) Whisky, once one of the most popular whisky brands on the US market since 1890s and a “spirit of choice for guys who enjoyed a sophisticated classic cocktail drink”, entered a period of continuous sales decline and its brand losing relevance among its target segment (TS) since the 1990s.
These challenges faced by CC were driven by
References: Belk, RW, 1988, ‘Possessions and the Extended Self’, Journal of Consumer Research, Vol. 15, 139-167. Eller A. “A Chicago Ad Company Spurs Controvercy with a Macho Campaign for Suburban –Based Canadian Club”, http://chicago.timeout.com/articles/museums-culture/30098/feud-and-liquor, June 5-11, 2008. Grubb, EL & Gratwohl, HL, 1967, ‘Consumer Self-Concept, Symbolism and Market Behavior: A Theoretical Approach’, The Journal of Marketing, Vol. 31, No.4, pp.22-27. Hewlett, SA, Sherbin, L & Sumberg K, 2009, July-August , ‘How GenY & Boomers Will Reshape Your Agenda’, Harvard Business Review, p. 73. Jewell, RD, 2007, ‘Establishing Effective Repositioning Communications in a Competitive Marketplace’, Journal of Marketing Communications, Vol. 13, No. 4, 231-241. Reed C, 2007, February, ‘What makes ‘Y’ tick’, Brand Strategy. Reisenwitz, T H, Iyer, R, 2009, ‘Differences in Generation X and Generation Y: Implications for the Organization and Marketers’, The Marketing Management Journal, Vol. 19, Iss. 2. Samanta, M & Faheem, H, 2010, ‘Canadian Club: Repositionig a Dormant Brand’, ICMR Center for Management Research, ECCH the case for learning. 1-19. Solomon, MR, 1983, ‘The Role of Products as Social Stimuli: A Symbolic Interactionism Perpsective’, Journal of Consumer Research, Vol. 10, 319- 329. Wattanasuwan, K, 2005, ‘The Self and Symbolic Consumption’, The Journal of American Academy of Business, Cambridge, 179-184. Welsh, M J, Brazina, PR, 2010, Fall, ‘Gen Y Anatomy Lesson: They are Not Alien, Just Different’, Pennsylvania CPA Journal, online archives.