Preece, C., Kerrigan, F., & O’reilly, D. (2019). License to Assemble: Theorizing Brand Longevity. Flashcards
What is “Preece, C., Kerrigan, F., & O’reilly, D. (2019). License to Assemble: Theorizing Brand Longevity.” about?
This article explores the concept of brand longevity, focusing on how brands maintain relevance and consumer engagement over extended periods. Using the James Bond franchise as a case study, the authors:
1. Develop a multilevel framework for understanding brand longevity through the lens of assemblage theory.
2. Highlight the balance between continuity and change that ensures a brand’s survival amidst evolving sociocultural contexts.
The study bridges gaps in existing literature, emphasizing the dynamic interplay between a brand’s internal components and external environments.
What is Brand Longevity?
o Defined as a brand’s ability to endure through strategic management of continuity and change.
o Key drivers include social salience (relevance in societal contexts) and consumer engagement (ongoing interactions with audiences).
What are Serial Brands?
o A subset of brands requiring periodic renewal (e.g., through sequels or iterations).
o Must balance the familiarity of recurring elements (e.g., Bond’s iconic character traits) with novel features that resonate with current trends.
What is the Assemblage Theory?
o Brands are dynamic systems or assemblages, comprising interrelated components:
Micro-Level Assemblages: Internal brand elements (e.g., characters, narratives, visual aesthetics).
Meso-Level Assemblages: Intermediary actors (e.g., producers, directors, marketing teams).
Macro-Level Assemblages: Broader sociocultural and geopolitical contexts.
o Longevity emerges from maintaining and evolving these levels simultaneously.
What are the 3 levels of the Assemblage Theory?
- Meso
- Micro
- Macro
What are the managerial implications of “Preece, C., Kerrigan, F., & O’reilly, D. (2019). License to Assemble: Theorizing Brand Longevity.”?
- Balance Continuity and Change:
o Brands must evolve while retaining core elements that anchor identity and audience recognition.
o Strategic incorporation of new trends and sociocultural relevance is essential. - Foster Brand Stewardship:
o Long-term custodianship by committed teams ensures coherence across iterations.
o Collaboration with external stakeholders can enhance brand innovation. - Monitor Macro-Level Trends:
o Regularly assess global and cultural shifts to align brand narratives with contemporary contexts.
o Example: Incorporating themes of environmentalism or cybersecurity to address current concerns.
What are the theoretical contributions of “Preece, C., Kerrigan, F., & O’reilly, D. (2019). License to Assemble: Theorizing Brand Longevity.”?
- Multilevel Perspective on Brand Longevity:
o The study highlights the importance of integrating micro-, meso-, and macro-level dynamics for sustained brand relevance. - Assemblage Theory in Branding:
o Provides a novel lens to examine how brands adapt to changing environments while maintaining structural coherence. - Application to Serial Brands:
o Demonstrates how episodic narratives, like those in the James Bond franchise, offer unique opportunities for continuous brand engagement.
What are the limitations and future research of “Preece, C., Kerrigan, F., & O’reilly, D. (2019). License to Assemble: Theorizing Brand Longevity.”?
- Generality Beyond Serial Brands:
o Further research could explore how assemblage theory applies to non-serial brands. - Broader Industry Applications:
o Examine how assemblage principles can inform brand management in industries like fashion or technology. - Audience Perspectives:
o Incorporate audience responses to changes in brand elements to enhance understanding of engagement dynamics.
What are the conclusions of “Preece, C., Kerrigan, F., & O’reilly, D. (2019). License to Assemble: Theorizing Brand Longevity.”?
Preece et al. (2019) provide a robust framework for understanding brand longevity through the interplay of continuity and change. By applying assemblage theory, they reveal how the James Bond franchise has sustained its relevance for over five decades. This approach offers valuable lessons for managing brands in dynamic markets, emphasizing the importance of evolving with sociocultural shifts while staying true to a core identity.