Creative Art-based Initiatives Enabling Value Co-creation in the Luxury Fashion Industry

Research output: Chapter in Book/Report/Conference proceedingChapterpeer-review

Abstract

The competitive luxury market raises higher requirements for luxury brands to effectively involve young generations in creating and endowing meanings to products, services and experiences. Several researchers suggest that art experiences create a fertile source of co-creation practices for cultural customers as they could engage in cognitive, emotional and imaginal activities to endowing meanings to products or services. Hence, bridging art and luxury is of significance for luxury brands to create value and engage their customers. This chapter delivers the essence of value for luxury brands and their customers and focusses on how luxury brands deploy art-based initiatives as a favourable technique in which value co-creation takes place
Original languageEnglish
Title of host publicationCreativity and Marketing
Subtitle of host publicationThe Fuel for Success
EditorsEleonora Pantano
Place of PublicationBingley
PublisherEmerald Publishing Limited
Pages133-147
Number of pages15
ISBN (Electronic)9781800713314
ISBN (Print)9781800713307
DOIs
Publication statusPublished - 2 Aug 2021

Keywords

  • art-based initiatives
  • service logic
  • value co-creation
  • luxury fashion brand
  • artification
  • value-in-use

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