To read this content please select one of the options below:

Rebranding a traditional industry: how fountain pens enter luxury market

Zhixian Li (College of Arts and Science, Vanderbilt University, Nashville, Tennessee, USA)
Chunxing Fan (College of Business, Tennessee State University, Nashville, Tennessee, USA)

Nankai Business Review International

ISSN: 2040-8749

Article publication date: 25 January 2023

Issue publication date: 15 February 2024

620

Abstract

Purpose

This paper aims to explore how traditional industries revert the trend of decline in sales through rebranding by analyzing the extended case study of the fountain pen industry.

Design/methodology/approach

This study analyzes the marketing in case study of the fountain pen industry through two coordinates – symbolizing status and branding nostalgia. The division of analyses in these categories is supplanted by data, such as linear regression to analyze changes in product characteristics.

Findings

This study finds that the rebranding of the fountain pen in multiple fitting images – status symbol, object of nostalgia and something scarce and unique – is successful in capturing consumer demand, shaping consumer perceptions and help the mature industry locate as well as enter a niche market.

Originality/value

To the best of the authors’ knowledge, this paper is the first one to explore the business development of traditional industry as a case study of fountain pens from the perspective of marketing and consumer behavior.

Keywords

Acknowledgements

The authors thank the anonymous referees and editors for their valuable comments that significantly contributed towards improving the quality of the paper. Especially, we wish to thank Professor Kent Dolezal of Vanderbilt University for advice and comments in earlier versions of the paper.

Citation

Li, Z. and Fan, C. (2024), "Rebranding a traditional industry: how fountain pens enter luxury market", Nankai Business Review International, Vol. 15 No. 1, pp. 153-173. https://doi.org/10.1108/NBRI-09-2022-0091

Publisher

:

Emerald Publishing Limited

Copyright © 2023, Emerald Publishing Limited

Related articles