The experience economy approach to festival marketing: vivid memory and attendee loyalty

Purpose – A desirable experiential environment is an essential source of competitive advantage in the festival industry. Understanding festival attendees' experience is imperative for festival organizers because attendees' experience is a predictor of their future behavior. With the experi...

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Veröffentlicht in:The Journal of services marketing 2014-01, Vol.28 (1), p.22-35
Hauptverfasser: Manthiou, Aikaterini, (Ally) Lee, Seonjeong, (Rebecca) Tang, Liang, Chiang, Lanlung
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container_end_page 35
container_issue 1
container_start_page 22
container_title The Journal of services marketing
container_volume 28
creator Manthiou, Aikaterini
(Ally) Lee, Seonjeong
(Rebecca) Tang, Liang
Chiang, Lanlung
description Purpose – A desirable experiential environment is an essential source of competitive advantage in the festival industry. Understanding festival attendees' experience is imperative for festival organizers because attendees' experience is a predictor of their future behavior. With the experience economy concept of Pine and Gilmore (1998), the study identified four underlying dimensions of festival attendees' experience (education, entertainment, esthetics, and escapism) and examined the impacts of these experience dimensions on festival attendees' vividity of memory and loyalty. Design/methodology/approach – Data were collected from online surveys completed by 338 attendees of VEISHEA festival. This study employed confirmatory factor analysis, regression analysis, and structural equation modeling to achieve its goals. Findings – Experience has a positive effect on vivid memory, which consequently influences loyalty. Each dimension of experience economy significantly influences vividity of memory. However loyalty is affected only by the entertainment and esthetics dimensions. Practical implications – Festival marketers are advised to design activities that provide memorable experiential products and services for attendees based on the four dimensions of the experience economy. Originality/value – The study is a pioneer in the evaluation of vividity of memory to the festival context.
doi_str_mv 10.1108/JSM-06-2012-0105
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subjects Behavior
Brand loyalty
Business administration
Cognition & reasoning
Consumer attitudes
Consumer behavior
Consumers
domain_shs.gestion.mark
Festivals
Humanities and Social Sciences
Information processing
Investigations
Loyalty
Marketing
Marketing strategy/methods
Memory
Service industries
Services marketing
Structural equation modeling
Studies
Theory
Tourism
title The experience economy approach to festival marketing: vivid memory and attendee loyalty
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