Retro Branding: New Old Fiat 500, a Success Story

 
9783845405773: Retro Branding: New Old Fiat 500, a Success Story
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The ongoing global crisis has led people to look back to a mythical beautiful past as an inspiration for a brighter future. This is reflected in the recent trend in marketing studies, known as ‘retro revolution’. Examples of retro brands revive in all consumer industries but are particularly popular in the automotive sector. The success of the 2007 New Fiat 500 is a case in point: it leverages on the notions of brand image and brand equity as well as benefitting from cutting-edge marketing tools such as online communities and campaigns. The present case study combines these theoretical groundings with an empirical analysis based on a questionnaire administered to owners and non owners of the 2007 New 500. Results show how the subjective notion of communal nostalgia shapes purchasing behaviour and enhances the appreciation of the brand, alongside objective elements such as price and quality.

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About the Author:

Caterina Festorazzi (24) was born and brought up in Italy, studied at the German School of Milan and got her Bachelor in International Economics and Management from Bocconi University in 2010, followed by her Marketing Masters at Henley Business School in 2012. Her interest in literature and creative writing has accompanied her academic pursuits.

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