2021
DOI: 10.3390/su13031400
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The Value of Consistency: Portfolio Labeling Strategies and Impact on Winery Brand Equity

Abstract: The reported research examines the impact of product portfolio labeling strategies on brand reputation and equity. A netnographic approach allowed to observe winery portfolio labeling approaches and create a typology of winery labeling strategies. Expert evaluation served to assess the dependent variable brand equity by deploying a regression analysis. For the observed wine industry, being part of the food industry, creating consistent and recognizable brands has a direct relevance for reducing (sustainability… Show more

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Cited by 15 publications
(17 citation statements)
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References 106 publications
(116 reference statements)
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“…EmojiGrid scores. The positions of the scores on the EmojiGrid valence (X) and arousal (Y) axis were converted into numerical values (1)(2)(3)(4)(5)(6)(7)(8)(9)(10).…”
Section: Discussionmentioning
confidence: 99%
See 1 more Smart Citation
“…EmojiGrid scores. The positions of the scores on the EmojiGrid valence (X) and arousal (Y) axis were converted into numerical values (1)(2)(3)(4)(5)(6)(7)(8)(9)(10).…”
Section: Discussionmentioning
confidence: 99%
“…These "extrinsic" variables provide consumers with information regarding the product's quality, which is part of "brand equity" [1,2]. Brand equity combines perceived quality with factors such as brand loyalty, name awareness, and other associations that the consumer may have with the brand [3]. Obviously, the factors vary with the consumer's experience with the product and aid consumers in selecting prod-Foods 2021, 10, 1345 2 of 13 ucts that fit their attitudes [4,5].…”
Section: Introductionmentioning
confidence: 99%
“…This kind of innovation is all-around and multi-dimensional. It is not only necessary to innovate development concepts, change traditional development thinking, break the inherent pattern, and enhance the market vitality of time-honored brands at multiple levels and angles; but also necessary to keep up with the new era of mobile Internet development, create a new sustainability-oriented label and skillfully use big data analysis, experience rating [13], fan interaction, and other methods to create a new and sustainable sales model and avoid falling behind the times. (3) Improving the sustainability of quality and reputation.…”
Section: Discussionmentioning
confidence: 99%
“…They thought that sustainability needed to be addressed by all brand strategies [12]. Dressler and Paunovic pointed out that the wine industry, as a part of the food industry, needed to establish a consistent, strategically founded product communication [13]. Domestic researches on time-honored catering brands mainly contain strengths and weaknesses of CTCBs, their current situation, development and protection, and revitalization measures [14]; studies from the fields of management [15,16], history and architecture, containing brand's management and innovation, sustainable development and the protection spatial planning and layout of intangible cultural heritage [17][18][19]; temporal and spatial distribution of long-established brands and influencing factors in a certain city or country [20,21], etc.…”
Section: Introductionmentioning
confidence: 99%
“…The present research attempts to understand the development of a winery sales platform, which can extend to other types of products and brands beyond wine. Wineries often extend their product portfolio by including grape juice, vermouth, gin, and similar drinks, which are outside the core wine industry [53]. In addition, social media are proven to be an essential element of online platforms, facilitating the communication process [54].…”
Section: Business Model Extension 2: Online Sales Platformmentioning
confidence: 99%