Co-branding as a masstige strategy for luxury brands:Desirable or not?

Quamina, L.T. and Xue, M.T. and Chawdhary, R. (2023) Co-branding as a masstige strategy for luxury brands:Desirable or not? Journal of Business Research, 158. ISSN 0148-2963

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Co-branding is a popular brand leveraging strategy, widely regarded as beneficial to allied brands. Despite its popularity in practice, there is a paucity of research on co-branding strategies in masstige marketing and luxury branding. Employing a quantitative research design via two survey-based experiments we examine the viability of co-branding versus downward extension on luxury consumers’ attitudes and purchase intent. Underpinned by Categorization and Information Integration theories, we find co-branding to be the more desirable masstige strategy in eliciting favorable consumer responses. Further, we show that co-branding is not detrimental to the prestige and desirability of the luxury brand partner, thus countering the narrative that democratization of luxury dilutes luxury brands’ appeal. Our research advances knowledge on luxury consumers’ evaluations of competing masstige strategies, the mechanisms underlying such evaluations, and the spillover effect of co-branding on luxury brands. We offer actionable implications for luxury brand managers desiring to expand into mass prestige markets.

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Journal Article
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Journal of Business Research
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This is the author’s version of a work that was accepted for publication in Jounral of Business Research. Changes resulting from the publishing process, such as peer review, editing, corrections, structural formatting, and other quality control mechanisms may not be reflected in this document. Changes may have been made to this work since it was submitted for publication. A definitive version was subsequently published in Jounral of Business Research, 158, 2023 DOI: 10.1016/j.jbusres.2023.113704
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20 Mar 2023 13:50
Last Modified:
21 Sep 2023 03:23