03.06.2013 Views

Brand, Identity and Reputation: Exploring, Creating New Realities ...

Brand, Identity and Reputation: Exploring, Creating New Realities ...

Brand, Identity and Reputation: Exploring, Creating New Realities ...

SHOW MORE
SHOW LESS

You also want an ePaper? Increase the reach of your titles

YUMPU automatically turns print PDFs into web optimized ePapers that Google loves.

Abstract<br />

Systematic Review on B2B <strong>Br<strong>and</strong></strong>ing: Research Issues <strong>and</strong> Avenues for Future Research<br />

Joona Keränen, Lappeenranta University of Technology, Finl<strong>and</strong><br />

Kalle A. Piirainen, Lappeenranta University of Technology, Finl<strong>and</strong><br />

Risto T. Salminen, Lappeenranta University of Technology, Finl<strong>and</strong><br />

The economic value of business-to-business (B2B) transactions is significantly greater than that of consumer<br />

transactions (Hutt & Speh, 2010, p. 4), but traditionally preponderance of br<strong>and</strong>ing research has been conducted in the<br />

context of consumer products (Lynch & De Chernatony, 2004; Webster & Keller, 2004). Consequently, a number of<br />

past studies lament the status of B2B br<strong>and</strong>ing research, claiming that it has been under-researched (Roper & Davis,<br />

2010), scarce (Roberts & Merrilees, 2007) <strong>and</strong> lagging behind industry practice (Mudambi, 2002). However, as<br />

business markets have become more intense under the pressures of commoditization, globalization <strong>and</strong> growing<br />

customer power, B2B firms are increasingly seeking competitive advantage by br<strong>and</strong>ing their products (Mudambi,<br />

Doyle, & Wong, 1997; Walley et al., 2007). In today´s hypercompetitive B2B market, a strong br<strong>and</strong> may be the only<br />

truly sustainable competitive advantage (Kotler & Pfoertsch, 2007). It is even argued that ―br<strong>and</strong>s are one of the most<br />

valuable intangible assets that firms have‖ (Keller & Lehmann, 2006).<br />

As a response to the increasing industry attention, recent years have witnessed the publication of a vast number of B2B<br />

br<strong>and</strong>ing papers, <strong>and</strong> recent special issues devoted to B2B br<strong>and</strong>ing in such journals as the Journal of <strong>Br<strong>and</strong></strong><br />

Management (2004), the Journal of Business & Industrial Marketing (2007), Industrial Marketing Management (IMM,<br />

2010) <strong>and</strong> the upcoming special issue in IMM evidence the current importance of this topic. In addition, B2B br<strong>and</strong>ing<br />

is highlighted as a prominent area requiring further research in a recent literature review examining the future avenues<br />

of B2B marketing (Sheth & Sharma, 2006).<br />

However, despite this recent interest on B2B br<strong>and</strong>ing, extant literature remains still fragmented, <strong>and</strong> areas with limited<br />

or inconclusive research warrant further examination (Glynn, Motion & Brodie 2007; Kuhn, Alpert & Pope 2008).<br />

Academics have for long raised a concern about the lack of systematic investigation on B2B br<strong>and</strong>ing (e.g. Cretu &<br />

Brodie, 2007). Yet to date, most of the literature overviews concerning the extant state of B2B br<strong>and</strong>ing have been<br />

largely subjective in nature, (e.g. Cretu & Brodie 2007; Zablah, Brown, & Donthu, 2010) <strong>and</strong> thus limited in their<br />

scope. With very few preliminary exceptions (Sinclair, 2009), little has been done to comprehensively organize <strong>and</strong><br />

summarize the findings <strong>and</strong> knowledge gained from previous B2B br<strong>and</strong>ing research.<br />

In order to advance any exp<strong>and</strong>ing discipline, a frequent re-examination of the current state of the research is required<br />

(Cooper, 2010). It is argued that the state of B2B br<strong>and</strong>ing discipline is nascent (Zablah et al., 2010) <strong>and</strong> lacking a<br />

―critical mass of studies‖ (Roberts & Merrilees, 2007). Therefore the intention of this study is to facilitate the<br />

advancement of B2B br<strong>and</strong>ing research by identifying research issues that hinder the advancement of B2B br<strong>and</strong>ing<br />

discipline <strong>and</strong> thus provide guidance for future research. We attempt to do this by utilizing a systematic review<br />

(Petticrew & Roberts, 2006), which is aimed at comprehensively identifying, appraising <strong>and</strong> synthesizing all the<br />

relevant studies on B2B br<strong>and</strong>ing. The key advantages of a systematic review are its methodological rigor,<br />

transparency, exhaustive literature coverage <strong>and</strong> reproducibility (e.g Cooper, 2010; Tranfield, Denyer, & Smart, 2003).<br />

We address the following research question: What kind of research issues limit the advancement of B2B br<strong>and</strong>ing<br />

research?<br />

Our systematic review allowed us to identify a total of 73 academic publications explicitly addressing B2B br<strong>and</strong>ing.<br />

Based on an extensive review of this literature, we identified five major issues limiting current research: The dispersed<br />

theoretical rooting. A wide range of theories are used to explain different perspectives on B2B br<strong>and</strong>ing, but attempts to<br />

develop a common theoretical base have been highly fragmented. This variety of theoretical lenses poses a challenge<br />

for integrating a unifying conceptual framework to model B2B br<strong>and</strong>ing. The transference of consumer concepts. Most<br />

of the quantitative studies draw largely on consumer br<strong>and</strong>ing tenets, but several authors clearly demonstrate that all the<br />

br<strong>and</strong>ing frameworks from consumer context do not transfer without adaptation to B2B context (e.g. Beverl<strong>and</strong>, Napoli,<br />

& Lindgreen, 2007; Kuhn et al., 2008). The dominance of quantitative research. The majority of empirical research is<br />

quantitative by nature, which in a nascent research field runs the risk of producing ambiguous measures with<br />

questionable validity <strong>and</strong> reliability as well as leading to findings which emerge by mere chance (Edmondson <strong>and</strong><br />

McManus, 2007). The lack of longitudinal research. Although br<strong>and</strong>s are considered as relational assets which are<br />

accumulated over time, only three past studies employed longitudinal analysis, <strong>and</strong> the dynamic observations of the<br />

br<strong>and</strong> building efforts have been virtually absent. The focus on single industries. A large part of the empirical research<br />

is focused on single industries, thus limiting the applicability of the results <strong>and</strong> the comparability between studies.<br />

274

Hooray! Your file is uploaded and ready to be published.

Saved successfully!

Ooh no, something went wrong!