1. Read Douglas Holt's abstract "Toward a Sociology of Branding." This is an introduction to three scholarly articles in the Journal of Consumer Culture focusing on the role branding plays in a...

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1. Read Douglas Holt's abstract "Toward a Sociology of Branding." This is an introduction to three scholarly articles in the Journal of Consumer Culture focusing on the role branding plays in a market/capitalistic society. (There is no need to read the three referenced articles.)


In his own article in the Journal, Holt writes:



Dozens of scholars and critics have penned diatribes lambasting the cultural power of brands, while apologists have responded with odes that stridently deny such accusations. This Manichean* discussion rarely moves beyond vague formulations: brands as global hegemons** versus brands as lifestyle props reflecting basic human desires. The pertinent question cannot be whether or not brands influence society – like any other well-resourced cultural actor, of course they do. Ratherwe need to specify carefully what brands do in society and assess their (social, political, cultural) effects.




*
To be Manichean is to follow the philosophy of Manichaeism, which is an old religion that breaks everything down into good or evil. It also means “duality,” so if your thinking is Manichean, you see things in black and white.


**hegemon: a leading or paramount power.Only the powerful can claim to be hegemons. This word suggests dominance and often a little more power than others would prefer.


Assignment:


Based on your understanding of the role of brands in society, using Douglas Holt's insights, specify in an essay of no more than 850 words, what the Nike brand does in society and assess its social, political, and cultural effects. Illustrate your argument with specific Nike examples.

Answered Same DayMar 26, 2022

Answer To: 1. Read Douglas Holt's abstract "Toward a Sociology of Branding." This is an introduction to three...

Ananya answered on Mar 27 2022
111 Votes
Running Head: ROLE OF BRANDS IN THE SOCIETY                    1
ROLE OF BRANDS IN THE SOCIETY                            3
ROLE OF BRANDS IN THE SOCIETY
Table of Contents
Introduction    3
Douglas Holt’s Insights    3
Nike
Brand and the Society    4
Social effects    4
Political effects    4
Cultural effects    5
Conclusion    5
References    6
Introduction
    A brand is created by a company to represent its identity in the marketplace and create a position in human life. Brands connects to the people with them emotionally. There is a emotional connection within customers to buy a brand named product which makes them happy from within. A brand motivates people in joining a community and often participate in programmes which change the concept of the society. Right brand management must be done by a company to place themselves in the market which will create a positive impact on the society.
Douglas Holt’s Insights
    According to Douglas Holt, the brands that creates an identity in the society, functions in a cultural level. He says that the brand in the market creates an identity myth for the people in the society, which results in a social and cultural change in people often causing anxiety if not owned. According to Holt (2006), branding has increasingly become a strategic marketing activity which is being included in the culture of the customers emotionally. This is happening due to three main reasons, rationalisation of products towards sustainability, vast profit represented by trade using a symbol in the postmodern economy, and neoliberalism followed by the multinational companies to expand their company in different countries. A brand creates a huge profitable impact on the firms by making the people dependable on them. The lack of product place services and market-based activities face-to-face is due to the information and benefits provided by the brands to their customers to...
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