{"title":"On managerial relevance: reconciling the academic-practitioner divide through market theorizing","authors":"Heiko Wieland, Angeline Nariswari, Melissa Archpru Akaka","doi":"10.1007/s13162-021-00204-0","DOIUrl":"10.1007/s13162-021-00204-0","url":null,"abstract":"<div><p>The marketing academy continues to struggle with issues of managerial relevance. We argue that, at its core, marketing’s problems with managerial relevance do not lie in diverging roles and interests between academics and practitioners, but in the distinct lenses market actors apply to view and enact market realities. Building on market performativity, we assert that concepts and theories not only depict the world ‘out there,’ but also contribute to bringing about reality when enacted. Thus, the relevance of marketing academics and their work cannot simply be addressed by changing how research is conducted (e.g., more industry engagement), but more foundationally, through a shift in what is researched and how phenomena are studied. By refocusing the discussion from managerial relevance to the relevance of theoretical work in the shaping of markets, we show that both academics and practitioners need to be more cognizant of the market conceptualizations they help to perpetuate. All market actors need to broaden their understanding of markets to incorporate stable as well as dynamic and systemic depictions of markets. Market actors, paradoxically, need to become more theoretical to be more relevant in the shaping of markets.</p></div>","PeriodicalId":7786,"journal":{"name":"AMS Review","volume":"11 3-4","pages":"252 - 271"},"PeriodicalIF":0.0,"publicationDate":"2021-07-07","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://sci-hub-pdf.com/10.1007/s13162-021-00204-0","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"50012861","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
AMS ReviewPub Date : 2021-06-24DOI: 10.1007/s13162-021-00201-3
O. C. Ferrell
{"title":"Addressing socio-ecological issues in marketing: environmental, social and governance (ESG)","authors":"O. C. Ferrell","doi":"10.1007/s13162-021-00201-3","DOIUrl":"10.1007/s13162-021-00201-3","url":null,"abstract":"<div><h2>Abstract\u0000</h2><div><p>This commentary addresses the Social and Ecological Thought (SET) framework based on virtue ethics (Dyck & Manchanda, in <i>AMS Review</i>, 2021). The basis of this framework is to replace utilitarian values that focus on profit maximization. The Financial Bottom Line (FBL) is believed to be a mainstream utilitarian philosophy. In addition, the Triple Bottom Line (TBL) is considered inadequate to address socio-ecological issues because there is a major focus on financial performance. After addressing some of the limitations in the SET framework, the Environmental, Social and Governance (ESG) framework is presented as a more relevant alternative. ESG provides a lens for creating priorities for socio-ecological comparative performance based on industry, investors’ and peer index scores. There is a strong correlation between ESG performance and profits. Compelling evidence is provided that suggests there is no conflict between socio-ecological responsibility and financial success.</p></div></div>","PeriodicalId":7786,"journal":{"name":"AMS Review","volume":"11 1-2","pages":"140 - 144"},"PeriodicalIF":0.0,"publicationDate":"2021-06-24","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://sci-hub-pdf.com/10.1007/s13162-021-00201-3","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"50045890","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
AMS ReviewPub Date : 2021-05-28DOI: 10.1007/s13162-021-00200-4
Andrea Prothero, Pierre McDonagh
{"title":"Is sustainable marketing based on virtue ethics the answer to addressing socio-ecological challenges facing humankind?","authors":"Andrea Prothero, Pierre McDonagh","doi":"10.1007/s13162-021-00200-4","DOIUrl":"10.1007/s13162-021-00200-4","url":null,"abstract":"<div><p>This commentary provides a review of Dyck and Manchanda’s work on the use of virtue ethics, through Sociological and Ecological Thought (SET) Oriented Marketing, in tackling socio-ecological challenges within society. While we concur with the focus of the paper on moving away from a central emphasis on profit maximization, we differ in how we believe this can be achieved. We critique the SET approach put forward from three key positions: (a) the SET approach and the application of virtue ethics; (b) the SET approach and the use of the marketing mix to operationalize it in practice; and, (c) the missing systemic and institutional barriers which we believe render SET problematic both theoretically and in practical terms. We conclude by suggesting that instead of utilising normative ethical theories to address socio-ecological challenges marketing researchers turn to other perspectives, such as ecofeminism.</p></div>","PeriodicalId":7786,"journal":{"name":"AMS Review","volume":"11 1-2","pages":"134 - 139"},"PeriodicalIF":0.0,"publicationDate":"2021-05-28","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://sci-hub-pdf.com/10.1007/s13162-021-00200-4","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"50103707","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
AMS ReviewPub Date : 2021-05-15DOI: 10.1007/s13162-021-00199-8
Nicola Mountford, Susi Geiger
{"title":"Markets and institutional fields: foundational concepts and a research agenda","authors":"Nicola Mountford, Susi Geiger","doi":"10.1007/s13162-021-00199-8","DOIUrl":"10.1007/s13162-021-00199-8","url":null,"abstract":"<div><p>We borrow the notion of field from institutional theory to think through how markets and their ‘outsides’–or at least one particular manifestation of an ‘outside’–stand in a dynamic and interactive relationship. We distinguish the field and the market in terms of issues versus exchange and identity versus position. We argue that the lack of clarity as to how fields and markets differ, relate, overlap, and are bounded, jeopardizes our ability to address important societal debates concerning the roles of markets within and across other areas of social life. It also hinders a consolidation of insights across different approaches to studying markets, even though researchers from different disciplines often address similar concerns. Key questions for which both conceptual and analytical clarity are essential include how markets and their ‘outsides’ (here: fields) intersect; whether and how diverse sets of actors interact, work, and migrate between fields and markets; and what dynamics may be observable between field and market. We provide four illustrative examples of field/market relationships and a theoretical, methodological, and empirical research agenda for future research into markets and their ‘outsides’.</p></div>","PeriodicalId":7786,"journal":{"name":"AMS Review","volume":"11 3-4","pages":"290 - 303"},"PeriodicalIF":0.0,"publicationDate":"2021-05-15","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://sci-hub-pdf.com/10.1007/s13162-021-00199-8","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"50029839","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
AMS ReviewPub Date : 2021-04-26DOI: 10.1007/s13162-021-00196-x
Karin Brondino-Pompeo
{"title":"Mapping spheres of exchange: a multidimensional approach to commoditization and singularization","authors":"Karin Brondino-Pompeo","doi":"10.1007/s13162-021-00196-x","DOIUrl":"10.1007/s13162-021-00196-x","url":null,"abstract":"<div><p>The process of commoditization–singularization, as developed by Kopytoff, is a compelling concept for understanding market exchange, and has been explored predominantly by scholars of consumer culture theoretics. The concept allows us to examine complex interactions between people, objects, and the dynamics of a market, and the literature based on it has illuminated the intricate tensions and contradictions within and between spheres of exchange. The use of the concept, however, is not without problems since some studies have applied dualistic or simplistic versions of it. This paper illustrates the current state of affairs by revisiting Kopytoff’s seminal work and analyzing the marketing and consumer research literature that derives from it, thus demonstrating how the conceptualization has evolved over time. In an attempt to overcome the dualist approach and further explore this topic, I propose a multidimensional perspective of spheres of exchange, offering an alternative approach for investigating the commoditization–singularization process.</p></div>","PeriodicalId":7786,"journal":{"name":"AMS Review","volume":"11 1-2","pages":"81 - 95"},"PeriodicalIF":0.0,"publicationDate":"2021-04-26","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://sci-hub-pdf.com/10.1007/s13162-021-00196-x","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"50048378","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
AMS ReviewPub Date : 2021-04-17DOI: 10.1007/s13162-021-00197-w
Joel Mier, Ajay K. Kohli
{"title":"Netflix: reinvention across multiple time periods, reflections and directions for future research","authors":"Joel Mier, Ajay K. Kohli","doi":"10.1007/s13162-021-00197-w","DOIUrl":"10.1007/s13162-021-00197-w","url":null,"abstract":"","PeriodicalId":7786,"journal":{"name":"AMS Review","volume":"11 1-2","pages":"194 - 205"},"PeriodicalIF":0.0,"publicationDate":"2021-04-17","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://sci-hub-pdf.com/10.1007/s13162-021-00197-w","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"50034188","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
AMS ReviewPub Date : 2021-04-12DOI: 10.1007/s13162-021-00195-y
Bernard J. Jaworski
{"title":"Netflix: Reinvention across multiple time periods","authors":"Bernard J. Jaworski","doi":"10.1007/s13162-021-00195-y","DOIUrl":"10.1007/s13162-021-00195-y","url":null,"abstract":"","PeriodicalId":7786,"journal":{"name":"AMS Review","volume":"11 1-2","pages":"180 - 193"},"PeriodicalIF":0.0,"publicationDate":"2021-04-12","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://sci-hub-pdf.com/10.1007/s13162-021-00195-y","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"50019811","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
AMS ReviewPub Date : 2021-02-19DOI: 10.1007/s13162-021-00193-0
Aleksandrina Atanasova
{"title":"Re-examining utopia in contemporary consumption: conceptualization and implications for marketing","authors":"Aleksandrina Atanasova","doi":"10.1007/s13162-021-00193-0","DOIUrl":"10.1007/s13162-021-00193-0","url":null,"abstract":"<div><p>This paper introduces liquid consumer utopias, defined as market-mediated expressions of individuals’ desires to re-imagine and re-construct reality, and to re-frame the present. This conceptual lens illuminates previously untheorized consumption phenomena, which are socially constructed, and often critical, efforts to enact an alternative way of being in an increasingly uncertain and unpredictable world. Three key characteristics of liquid utopias are outlined—immediacy, transience and hyper-individualization––each pointing to liquid consumer utopias’ function to facilitate present-oriented and short-lived re-imaginings of reality. Co-existing alongside the solid and collective utopian consumption of interest to prior research, these emergent forms of liquid consumer utopias articulate a re-imagining of the present (rather than the future), have an emphasis on individual (rather than communal) experiences of betterment, and an orientation toward temporary re-framings of the experienced reality (rather than a pursuit of permanence and long-lasting change). Implications are discussed for retailing, experiential consumption, and consumer self-optimization.</p></div>","PeriodicalId":7786,"journal":{"name":"AMS Review","volume":"11 1-2","pages":"23 - 39"},"PeriodicalIF":0.0,"publicationDate":"2021-02-19","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://sci-hub-pdf.com/10.1007/s13162-021-00193-0","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"50036901","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
AMS ReviewPub Date : 2021-02-02DOI: 10.1007/s13162-021-00192-1
Sarah C. Grace
{"title":"The intermingling of meanings in marketing: semiology and phenomenology in consumer culture theory","authors":"Sarah C. Grace","doi":"10.1007/s13162-021-00192-1","DOIUrl":"10.1007/s13162-021-00192-1","url":null,"abstract":"<div><p>This paper explores the construction of meaning in consumer culture through a synthesis of two scholarly streams within the Consumer Culture Theory (CCT) body of knowledge: semiology and phenomenology. Semiology represents consumer culture as a web of meanings—studying cultural meanings as socially agreed-upon structures. By contrast, phenomenology represents the interpretation and personalization of cultural meanings by consumers—focusing on meanings that emerge from individual lived experience. Combining these two approaches results in a framework that excavates meanings at both the cultural level and the individual level, inviting them into a figure-ground relationship. This relationship between levels of analysis illuminates how meaning in consumer culture is constructed, and how cultural meanings come to constitute a sense of normalcy in modern societies. As all marketing activity is culturally situated, understanding meaning in consumer culture provides an alternative way to understand value in marketing.</p></div>","PeriodicalId":7786,"journal":{"name":"AMS Review","volume":"11 1-2","pages":"70 - 80"},"PeriodicalIF":0.0,"publicationDate":"2021-02-02","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://sci-hub-pdf.com/10.1007/s13162-021-00192-1","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"50007181","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}