Esta Dissertação de mestrado tem como objetivo identificar e analisar junto ao varejo como é feita a gestão da sua marca corporativa. Tanto a gestão de marcas, quanto sua aplicação no varejo, são temas novos e em evolução, que não apresentam um modelo único e consolidado. Muitos autores se complementam e ampliam o conceito de marca. Para essa dissertação foi considerada a gestão da marca em um nível estratégico que possa até orientar as decisões corporativas. Foi realizado um estudo de caso com o varejista Magazine Luiza que tem um reconhecido trabalho em marca. O estudo mostrou que o conjunto de elementos, e o enfoque que podem ser atribuidos à gestão de marcas na empresa se equiparam as variáveis do estudo. Assim, mesmo a marca sendo tratada em alguns momentos no nível tático/operacional e em outros no estratégico, pode-se dizer que houve uma afinidade muito grande entre a prática e a teoria. Existiu concordância em muitos fatos e o caso efetivamente trouxe contribuições e confirmações. / This work has as objective to identify and to analyze to the retail as the corporate brand management is made. As much the brand management, how much its application in the retail, is new subjects and in evolution, that does not present only consolidated model. Many authors is complement and extend the brand concept. For this dissertation the brand management in a strategic level was considered that has guided the corporate decisions. A study of case with the Magazine Luiza who has a recognized brand work. The study it showed that the set of elements, and the approach that can be attributed to the brand management in the company if equalize the variable of the study. Thus, exactly the treated brand being at some moments in operational the tactical level and others in the strategical one, can be said that it had a very great affinity between the practical one and the theory. Agreement in many facts existed and the case effectively brought contributions and confirmations.

Consumers’ purchase decisions typically involve two brands: the manufacturer brand (the “what brand to buy” decision) and the retailer brand (the “where to buy” decision). While extant research suggests that consumers’ product evaluation is affected by both, much less is known about how the two brands jointly affect consumers’ preferences. Building upon prospect theory and mental accounting principles, I hypothesize that the joint effect of the two brands on consumers’ evaluation of different products depends on the reference point evoked, and whether each of the two brands is perceived as a gain or loss relative to the reference point. Five lab experiments provide empirical support for the hypothesized effects. Study 1 reveals that the joint effect of manufacturer and retailer brands depends on the reference product in a manner consistent with prospect theory and mental accounting principles. The results of Study 2 and 3 show that the majority of participants use a reputable brand sold at a reputable retailer as their reference product. For this group, there is a positive interaction effect of the manufacturer and retailer brands on consumers’ willingness to pay. Study 4 extends the results of Study 3 by testing the theoretical framework using a non-price measure of consumers’ product evaluation (i.e., attitude toward the offer). The results provide converging support for H1 and H2 and demonstrate the mediating role of gain and loss feelings, thus providing preliminary evidence for the proposed cognitive process. Finally, Study 5 provides supporting evidence for the predictions through the use of a priming method. This research contributes to the literature on behavioral decision theory and branding by extending the study of mental accounting from quantitative information (e.g., money, time) to qualitative information such as that derived from brand reputation. The findings have prescriptive implications as they can help managers understand how their brands can be leveraged, how consumers react to reference products available in the marketplace, and how to best price products across different outlets depending on the reputation of their brands and the reputation of the outlets.

Esta Dissertação de mestrado tem como objetivo identificar e analisar junto ao varejo como é feita a gestão da sua marca corporativa. Tanto a gestão de marcas, quanto sua aplicação no varejo, são temas novos e em evolução, que não apresentam um modelo único e consolidado. Muitos autores se complementam e ampliam o conceito de marca. Para essa dissertação foi considerada a gestão da marca em um nível estratégico que possa até orientar as decisões corporativas. Foi realizado um estudo de caso com o varejista Magazine Luiza que tem um reconhecido trabalho em marca. O estudo mostrou que o conjunto de elementos, e o enfoque que podem ser atribuidos à gestão de marcas na empresa se equiparam as variáveis do estudo. Assim, mesmo a marca sendo tratada em alguns momentos no nível tático/operacional e em outros no estratégico, pode-se dizer que houve uma afinidade muito grande entre a prática e a teoria. Existiu concordância em muitos fatos e o caso efetivamente trouxe contribuições e confirmações. / This work has as objective to identify and to analyze to the retail as the corporate brand management is made. As much the brand management, how much its application in the retail, is new subjects and in evolution, that does not present only consolidated model. Many authors is complement and extend the brand concept. For this dissertation the brand management in a strategic level was considered that has guided the corporate decisions. A study of case with the Magazine Luiza who has a recognized brand work. The study it showed that the set of elements, and the approach that can be attributed to the brand management in the company if equalize the variable of the study. Thus, exactly the treated brand being at some moments in operational the tactical level and others in the strategical one, can be said that it had a very great affinity between the practical one and the theory. Agreement in many facts existed and the case effectively brought contributions and confirmations.

This research began with the question: why is the retailer brand market share of Tesco Korea higher than that of local Korean retailers? Of the foreign grocery retailers who have expanded into Korea, Tesco has achieved the most outstanding performance, with the highest retailer brand share in the market. After the withdrawal of Wal-Mart and Carrefour from Korea in 2006, Tesco Korea has been positioned as the successful foreign retailer. Accordingly, how the retail operation of Tesco Korea differs from that of the local Korean retailers attracted the author’s interest, specifically in terms of the development and handling processes of the retailer brand. Rather than examining the customer perceptions of both Tesco Korea and the domestic Korean retailers, the researcher concentrated on identifying the differences between both parties from the point of view of their retailer brand program operations. Based on in-depth interviews with retailers and suppliers, store observations, the author’s own experience in retailer brand development, and company documentation, this research explored the differences between Tesco Korea and domestic Korean retailers in how they develop and handle their own brands. Tesco Korea has taken advantage of retailing know-how, that is, retailer brand development skills created by Tesco UK. With the help of Tesco UK, the retailer brand development process of Tesco Korea is differentiated in a number of areas from that of the local Korean retailers. The flows of retailing know-how from Tesco UK to Tesco Korea has also influenced the whole retailer brand market in Korea, as well as stimulated the local Korean retailers to improve their retailer brand development skills. The entry of retailers with advanced retailer brand development knowledge into markets where retailer brands are less well developed is a catalyst in promoting retailer brand markets, and in intensifying retail competition. Also, the retailer brand development know-how of domestic retailers is enhanced by imitating or benchmarking foreign retailers. This research suggests that retailer brand share is related to the degree to which retailers are proactively involved in the development and handling processes for retailer brand product ranges, as well as to how sophisticated or advanced their knowledge of the retailer brand development process is. Advanced development and handling skills make a considerable contribution to increasing retailer brand share in markets with a lower share or no presence of retailer brands.