Explain how nostalgia marketing works


Assignment:

Sales of retro trainer brands, food brands, board games, and even vehicles (such as the relaunch of Vespa in India) are all examples of the growth of nostalgia marketing. Nostalgia marketing taps into the memories of the consumer and sells them an idealized version of their past. According to Jannine LaSaleta at the Grenoble Ecole de Management in France, nostalgia marketing aims to provide consumers with a feeling of social connectedness. It makes them value money less and leads them to spend more freely. Nostalgia marketing can be applied to any stage in the consumers’ life. It does not just mean that the marketing has to refer to products or services that the consumer associates with their childhood or adolescence. How do you think nostalgia marketing works? How might nostalgia marketing work for several markets at the same time?

Your answer must be typed, double-spaced, Times New Roman font (size 12), one-inch margins on all sides, APA format and also include references.

Request for Solution File

Ask an Expert for Answer!!
Marketing Management: Explain how nostalgia marketing works
Reference No:- TGS01996588

Expected delivery within 24 Hours