Co-creating Value through Car Experience Trips: An Exploratory Study of the International Car Industry

In the light of economic recession, car brands (marques) and dealerships are using experience trips and events in order to maintain sales momentum, due to many luxury purchases being placed on hold by individuals concerned about their finances. Building on existing experiential marketing theory and...

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Main Author: Hartley, Stephanie
Format: Dissertation (University of Nottingham only)
Language:English
Published: 2011
Online Access:https://eprints.nottingham.ac.uk/25320/
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author Hartley, Stephanie
author_facet Hartley, Stephanie
author_sort Hartley, Stephanie
building Nottingham Research Data Repository
collection Online Access
description In the light of economic recession, car brands (marques) and dealerships are using experience trips and events in order to maintain sales momentum, due to many luxury purchases being placed on hold by individuals concerned about their finances. Building on existing experiential marketing theory and pulling together underlying theories of Service-Dominant Logic and the co-creation of value, this exploratory paper assesses how experience trips and events are used in the car industry in order to co-create value. Using case study and interview findings from the event organiser and the experience day attendees, factors such as experience centres, learning, skills and knowledge, and brand advocacy reveal how value is created for a given marque. The paper also seeks to explore how similar experience marketing techniques could be employed in emerging markets such as China. Although experiences are brand-specific and customised, potential international customers could benefit from experience trips provided by luxury car marques. The paper also highlights how luxury purchases can form part of our identity, with individuals’ aspirations influencing how experiences are developed in order to continue creating value for a given marque.
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spelling nottingham-253202017-12-28T14:25:47Z https://eprints.nottingham.ac.uk/25320/ Co-creating Value through Car Experience Trips: An Exploratory Study of the International Car Industry Hartley, Stephanie In the light of economic recession, car brands (marques) and dealerships are using experience trips and events in order to maintain sales momentum, due to many luxury purchases being placed on hold by individuals concerned about their finances. Building on existing experiential marketing theory and pulling together underlying theories of Service-Dominant Logic and the co-creation of value, this exploratory paper assesses how experience trips and events are used in the car industry in order to co-create value. Using case study and interview findings from the event organiser and the experience day attendees, factors such as experience centres, learning, skills and knowledge, and brand advocacy reveal how value is created for a given marque. The paper also seeks to explore how similar experience marketing techniques could be employed in emerging markets such as China. Although experiences are brand-specific and customised, potential international customers could benefit from experience trips provided by luxury car marques. The paper also highlights how luxury purchases can form part of our identity, with individuals’ aspirations influencing how experiences are developed in order to continue creating value for a given marque. 2011 Dissertation (University of Nottingham only) NonPeerReviewed application/pdf en https://eprints.nottingham.ac.uk/25320/1/Stephanie_Hartley_-_MSc_International_Business_-_Dissertation.pdf Hartley, Stephanie (2011) Co-creating Value through Car Experience Trips: An Exploratory Study of the International Car Industry. [Dissertation (University of Nottingham only)] (Unpublished)
spellingShingle Hartley, Stephanie
Co-creating Value through Car Experience Trips: An Exploratory Study of the International Car Industry
title Co-creating Value through Car Experience Trips: An Exploratory Study of the International Car Industry
title_full Co-creating Value through Car Experience Trips: An Exploratory Study of the International Car Industry
title_fullStr Co-creating Value through Car Experience Trips: An Exploratory Study of the International Car Industry
title_full_unstemmed Co-creating Value through Car Experience Trips: An Exploratory Study of the International Car Industry
title_short Co-creating Value through Car Experience Trips: An Exploratory Study of the International Car Industry
title_sort co-creating value through car experience trips: an exploratory study of the international car industry
url https://eprints.nottingham.ac.uk/25320/