Paradox and market renewal: Knockoffs and counterfeits as doppelgänger brand images of luxury
Marketing Intelligence & Planning
ISSN: 0263-4503
Article publication date: 26 July 2018
Issue publication date: 10 September 2018
Abstract
Purpose
The purpose of this paper is to continue the emerging stream of literature that has found knockoffs and counterfeits to be unobtrusive or even beneficial to luxury companies by analyzing how they produce paradoxes of meaning and contribute to the renewal of luxury markets. This is done by exploring them as doppelgänger brand images that reappropriate brand imagery for their own purposes.
Design/methodology/approach
This is a conceptual paper that focuses on the role of knockoffs and counterfeits in the renewal of luxury markets.
Findings
The findings highlight how knockoffs and counterfeits can contribute to the emergence and cyclical diffusion of luxury. As luxury offerings are introduced to the market, knockoffs and counterfeits accelerate the snob effect, aid in anchoring trends and contribute to induced obsolescence. During diffusion, knockoffs and counterfeits can strengthen aspiration, bandwagon and herding effects. In doing so, knockoffs and counterfeits create a paradox as they simultaneously legitimize the idea of the “authenticity” of genuine offerings through their presence in the market and create cyclical demand for novel offerings by undermining the authenticity claims of existing luxury offerings. Thus, knockoffs and counterfeits can be understood as a paradox of luxury markets that contributes to the market cyclicality not despite but because of this paradoxical interplay.
Originality/value
While research on knockoffs and counterfeiting is plentiful in the field of marketing, this is among the few studies that analyze how these offerings contribute to luxury markets and their renewal.
Keywords
Acknowledgements
This is a fully co-authored paper; the authors are listed in alphabetical order.
Citation
Hietanen, J., Mattila, P., Sihvonen, A. and Tikkanen, H. (2018), "Paradox and market renewal: Knockoffs and counterfeits as doppelgänger brand images of luxury", Marketing Intelligence & Planning, Vol. 36 No. 7, pp. 750-763. https://doi.org/10.1108/MIP-01-2018-0008
Publisher
:Emerald Publishing Limited
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