You are on page 1of 13

Journal of Family Business Strategy 9 (2018) 3–15

Contents lists available at ScienceDirect

Journal of Family Business Strategy


journal homepage: www.elsevier.com/locate/jfbs

Branding the family firm: A review, integrative framework proposal, and T


research agenda

Claudia Binz Astrachana, , Isabel Boterob, Joseph H. Astrachanc, Reinhard Prügld
a
Lucerne School of Business and Witten/Herdecke University, Germany
b
Stetson University, USA
c
Witten/Herdecke University, Germany
d
FIF@Zeppelin University, Germany

A R T I C L E I N F O A B S T R A C T

Keywords: A family business brand allows family-owned companies to leverage a valuable idiosyncratic resource: the family
Family business brand nature of the firm. A steadily growing body of research evidences the growing interest among both researchers
Literature review and practitioners – understandably so, given that prior contributions have identified a range of positive orga-
Family business brand framework nizational outcomes associated with family business branding. However, the lack of a unifying definition, an
Future research
encompassing framework, and an adequate measure of a family business brand present important challenges for
the advancement of the field. Applying a systems approach, we propose a multi-dimensional conceptualization
of the family business brand that emerges from prior research and our own observations of actual family business
branding practices. With this guiding framework, we hope to systemize and inspire future research to help
facilitate growth in this area of work.

1. Introduction scholars and practitioners have become increasingly interested in the


phenomenon of family business branding (e.g., Binz, Hair, Pieper &
A family business brand allows family-owned companies to leverage Baldauf, 2013; Blombäck & Botero, 2013, Craig et al., 2008; Tasman-
a valuable idiosyncratic resource: the family nature of the firm (Craig, Jones, 2015; Zellweger, Kellermanns, Eddleston & Memili, 2012). The
Dibrell & Davis, 2008; Zellweger, Eddleston, & Kellermanns, 2010). A focus of family business brand scholarship until now has been on un-
family business brand could be considered inimitable because of the derstanding whether family ownership can serve as a mark that helps
owning family’s unique history, its identity, and the family members differentiate family business products and services in the market place,
that have exemplified family and firm values over time, perpetuated in how family business brands are used, what the perceptions are that
stories anchored in the minds of employees, customers, and other sta- different stakeholders have about the family business brand, and what
keholders (Blombäck, 2011; Krappe, Goutas, & von Schlippe, 2011). the potential downsides of such using a family business brand might be.
The challenge for family business owners and leaders lies in the iden- Although there has been some advancement in our understanding of
tification of values and characteristics that add value to the brand family business brands, a challenge that researchers still face is the
message recipient (Blombäck & Botero, 2013), making the family confusion and amalgamation of representations that have developed
business brand a potential source of sustained competitive advantage. from studying family business branding from multiple points of view.
In todays’ hypercompetitive business environment, where stake- In the last decade, there has been growth in the number of pub-
holders face endless choices and streams of information, brands are lications about family business branding as evidenced by the recent
important means of differentiation (Hulberg, 2006; Keller, 2008). publication of two important reviews. The work of Sageder, Mitter, and
Brands create unique impressions about a company and its products in Feldbauer-Durstmüller (2016) presents a ‘systematic literature review of
the minds of stakeholders (Anisimova, 2007; Balmer & Gray, 2003), and the state of research’ (p. 1) about family firm image and reputation. In
help stakeholders in capturing valuable information that guides them in this project, the authors review 73 publications and distinguish four
their decision-making about a product, service, or an organization (La types of contributions: (1) those that focus on associations (perceptions)
Foret, 2009; Lievens & Slaughter, 2016; Mazzei & Ravazzani, 2015). with family firms, (2) those that investigate the family’s influence on
Due to the importance of brands in today’s world, family business the firm’s image and reputation, (3) those that look at the actions taken


Corresponding author.
E-mail addresses: Claudia.astrachan@hslu.ch (C.B. Astrachan), ibotero@stetson.edu (I. Botero), jastrach@gmail.com (J.H. Astrachan), reinhard.pruegl@zu.de (R. Prügl).

https://doi.org/10.1016/j.jfbs.2018.01.002
Received 9 January 2018; Accepted 10 January 2018
Available online 09 February 2018
1877-8585/ © 2018 Elsevier Ltd. All rights reserved.
C.B. Astrachan et al. Journal of Family Business Strategy 9 (2018) 3–15

to create a distinct family firm image, and (4) those that examine the family business brand is needed in order to move beyond what can still
consequences of being known as a family firm. A second review by Beck be considered a formative stage.
(2016) analyzes 41 publications in terms of the ‘potential consequences of Our review of the literature points to three views or con-
being a family firm on internal organizational processes, and stakeholders’ ceptualizations of the family business brand. (1) The identity view of the
external perception’ (p. 225). The article draws on organizational iden- family business brand focuses on what family business owners and lea-
tity theory, and outlines an expansive set of interesting questions for ders believe to be true about their organization, which includes char-
further research. These reviews synthesize the efforts of prior research, acteristics they view as differentiating factors of their business. (2) The
and provide a basis to further our understanding of the family business image view of the family business brand pertains to whether and how the
brand and the branding process in family firms. However, neither re- business owners and leaders choose to portray the family nature of their
view is clear about what constitutes a family business brand or what is business to stakeholders within and outside of the business (i.e., the
the combined understanding that researchers have accumulated about image is what family business leaders and owners project to the world
family business branding. with the belief that their projection will create an image of the company
To address this gap, this article reviewed 91 publications (i.e., 50 in the minds of stakeholders that closely matches the company’s es-
scholarly articles, six working papers, two dissertations, one master sence). And lastly, (3) the reputation view of the family business brand
thesis, five conference papers, one report, and 26 practitioner pub- captures the unique perceptions that external stakeholders view as the
lications, see Appendix A for details). Our goal was to take stock of prior differentiating factors for family firms in the marketplace and other
research in order to determine what constitutes a family business brand, venues. Although we present these views as three distinct con-
what we know about the family business brand and the branding pro- ceptualizations, the literature often does not use them as distinct ap-
cess, to highlight areas of uncertainty and perhaps confusion, and to proaches; image, reputation, and brand are sometimes used synony-
provide a guiding framework that captures our combined knowledge mously. In the following sections, we present each of the approaches to
about family business brands. Lastly, this article outlines avenues for gain a better understanding of what we know about these con-
future research that will help bring clarity and facilitate growth of this ceptualizations of the family business brand, to parse out each of the
area of work. components, and to clearly articulate what each view contributes to our
understanding of the family business brand.

2. Defining the family business brand


2.1. Identity view of the family business brand
Scholars have inadvertently created confusion in the understanding
about family business brands by employing a variety of terms – often- Organizational identity describes the “mental associations about the
times somewhat synonymously – when investigating this phenomenon organization held by organizational members” (Brown, Dacin, Pratt, &
(see Table 1 below). Even though there is an underlying commonality Whetten, 2006, p. 102). It answers the question “who are we as an or-
that tries to describe how family ownership can work as a differentiator ganization?” and describes the organizational features that internal
in the marketplace, an overarching definition of the focal concept has stakeholders consider the most central, distinctive and enduring about
yet to emerge. The lack of a unifying definition presents an important the firm (Albert & Whetten, 1985); it can be thought of as the essence of
challenge to the advancement the field, as it leads to different under- the firm (Zavyalova, Pfarrer, & Reger, 2017). In family firms, organi-
standings as well as operationalization and measurement of the family zational identity is composed of a combination of the identity of the
business brand, that make it difficult to combine research results and owning family and the identity of the business (Tagiuri & Davis, 1996;
develop theory in this area. An encompassing definition – based on the see also Zellweger et al., 2010). These two identities can be integrated
knowledge accumulated over the last decade – of what constitutes the or segmented to various degrees. This continuum can range from very

Table 1
Terms used in Family Business Branding Literature.

Term Definition Authors

Family Business Brand Identity Unique family business resource that describes a set of promises Craig et al. (2008) and Gallucci et al. (2015)
and expectations indicating characteristics such as
trustworthiness and consistency, for the customer.
Family Business Brand References about the family’s involvement in a firm, used in Blombäck (2009, 2010,2011
Associations/Secondary Brand combination with other components of the brand.
Associations
Family Business Brand Associations and expectations created in stakeholder’s minds Beck (2016), Binz Astrachan and Botero (forthcoming), Blombäck
pertaining the involvement of a family in a firm. (2010), Blombäck and Botero (2013), Botero and Blombäck (2010)
and Krappe et al. (2011).
Family Brand Set of associations attributed to a particular family. Parmentier, 2011 and Presas et al. (2011)
Family Business/Family Firm Image Set of associations that individuals have in their memory Beck (2016), Ceja and Tàpies (2009), Hauswald et al. (2016), Memili
regarding a family business. et al. (2010), Orth and Green (2009), Ramdharie and Brinxma (2012),
Sundaramurthy and Kreiner (2008) and Zellweger et al. (2012)
Family Business/Family Firm Family business leaders’ own perceptions of the company (e.g., Beck (2016), Blombäck and Ramírez-Pasillas (2012), Botero et al.
Identity ‘Are we a family firm?’) (2013), Felden, Fischer, Graffius, and Marwede (2016), Micelotta and
Raynard (2011), Presas et al. (2014); Sageder et al. (2015),
Sundaramurthy and Kreiner (2008) and Zellweger et al. (2010)
Family Business/Family Firm Process of selecting, organizing, and interpreting the value of Botero (2014), Dessi et al. (2014), Eskine and Locander (2014),
Perceptions information about family ownership. Hauswald and Hack (2013), Kahlert et al. (2017) and Okoroafo and
Koh (2009).
Family Business/Family Firm General perception that external stakeholders have of family Beck (2016), Binz et al. (2013), Blombäck and Botero (2013), Botero
Reputation firms as a distinct class of economic actors. and Blombäck (2010), Deephouse and Jaskiewicz (2013), Huybrechts
et al. (2011) and Sageder et al. (2016).
Family Business Brand Heritage Introduction of the concept of history as an important dimension Blombäck and Brunninge, (2013)
that can be leveraged as part of the family business brand
identity.

4
C.B. Astrachan et al. Journal of Family Business Strategy 9 (2018) 3–15

little integration between the two identities, with little or no overlap brand represents the associations and expectations that are created in
between the family and the business, to very high, with fluid bound- the minds of stakeholders as a result of signaling the family’s involve-
aries between family and business identities (Sundaramurthy & Kreiner, ment in a firm, and help differentiate family businesses from others in
2008). Highly integrated family firms with a strong system overlap – the marketplace and among their many stakeholders. This view of a
where the family is strongly involved in the business, and where both family business brand is based on a receiver’s approach, as those who
family and business share many of the same goals, values, beliefs, receive information are drivers of the family business brand.
norms and interaction styles – are assumed to be more likely to ‘ac-
knowledge their family-owned status in their marketing and advertising’ 2.4. A systems approach to defining family business brand
(ibid., p. 419).
Contributions taking this approach explore the family business Each of the three approaches, or dimensions, provides an important
brand from the organization’s point of view (taking a sender’s per- view for understanding what constitutes a family business brand. Given
spective), describing the processes and factors that drive – but also that the three dimensions are interlinked, a system’s approach seems
those that may hinder – family business brand promotion (e.g., Binz, appropriate, taking these separate components (i.e., the brand is made
Astrachan & Botero, 2017; Blombäck & Ramírez-Pasillas, 2012; Botero, up of different dimensions) and their interlinked (i.e., changes in one
Thomas, Graves, & Fediuk, 2013; Cooper, Upton, & Seaman, 2005; part of the system lead to changes in other parts of the system) move-
Craig et al., 2008; Dessì & Floris, 2010; Gallucci, Santulli, & Calabrò, ments into account. The parsing of the family business brand concept
2015; Kashmiri and Mahajan, 2010, 2014). into its constituent parts may have many benefits for research and
conceptual development. The identity view sheds light on why the
2.2. Image view of the family business brand owners and managers of a family firm choose to promote their family
background to their stakeholders as well as the elements available to be
Organizational image encompasses the mental associations that promoted. We posit that identity also defines the limits of a sustainable
organizational members want others to hold (and believe) about the brand image, since a gap between what is (identity) and what is pro-
organization (Brown et al., 2006). It is a desired state of perception jected (image) is likely impossible to maintain over the long run. The
about the company and its offerings that the organization aims to in- image view partly explains how the family’s identity becomes manifest
fluence through its formally managed corporate communication, and in the brand through family portrayal and through other message
informally communicated signals (e.g., employee behavior, customer forms, both through intentional (premeditated image) and uninten-
service, philanthropic activities) (Dutton & Dukerich, 1991; Gioia, tional (unpremeditated image) messaging. And lastly, the reputation
Schultz & Corley, 2000). In this line of argument, a family business view illustrates how these intentional as well as unintentional signals
brand represents, in part, the promise an organization makes to in- are interpreted by message recipients − the company’s relevant con-
dividuals based on the unique information that business leaders and stituencies – resulting in distinct associations and expectations that
owners (the primary drivers of the family business brand) choose to allow for differentiation in the marketplace and other venues.
communicate about the firm in their efforts to achieve differentiation in One of the main challenges in developing a commonly shared and
the marketplace, based on the family nature of the firm. operationalizable definition of a family business brand is the confusion
The image view of the family business brand includes the portrayal among terms, given that the concepts of organizational identity, image,
of the businesses’ family nature to internal and external stakeholders – reputation, and the brand are often used synonymously (see Balmer,
for example, in terms of how prominently the family is featured in 2001, and Brown et al., 2006 for a detailed discussion). As can be seen
corporate communication (Micelotta & Raynard, 2011), or the way in in Table 2, although there are similarities between the four terms, there
which the family is characterized (Parmentier, 2011), and used to are also marked differences in what each concept is trying to address.
promote certain values (Binz Astrachan & Astrachan, 2015). Similar to All four concepts offer valuable insights regarding a family business
the identity view, the image view is also sender-based, as it focuses on brand. While the elements can be viewed as antecedents and outcomes
the way in which family business owners and leaders choose to portray of the family business brand, we prefer to think of them in a holistic
the family nature of their organization to their stakeholders. However, sense as components of the brand and the branding process (Lievens &
this view of brand focuses on what senders do to manage and construct Slaughter, 2016; Mazzei & Ravazzani, 2015). In our opinion, a systems
their brand’s message. definition of the family business brand should therefore encompass
identity-related, image-related as well as reputational components to
2.3. Reputation view of the family business brand provide a more complete perspective of a brand.
We build on the work of Blombäck (2009) who argues that being
Reputation, or “mental associations about the organization held by recognized as family-owned adds a supplementary dimension to the
[individuals] outside the organization” (Brown et al., 2006, p. 102), has perceptions about a firm, and that the explicit choice to signal family
been defined as the public’s long-term, stable overall evaluation of an involvement as a feature of a firm, product, or service is an element of a
organization’s behavior over time (e.g., Berens & van Riel, 2004; Brown broader brand (i.e., product or corporate brand). Taking this perspec-
& Dacin, 1997; Fombrun, 1996; Gray & Balmer, 1998). It is the sum of tive into account, we define a family business brand as the formal and
actual beliefs (and associations) held by the company’s diverse con- informal communication (image) of the family element of firm essence
stituencies, influenced by a variety of sources (e.g., competitors, media) (identity), which includes the family’s involvement in a firm, and which lead
that cannot be fully controlled by the company (Brown et al., 2006). A to associations and expectations in the mind of stakeholders (reputation)
distinct family firm reputation is the result of selecting, organizing, and that help differentiate these firms from others in the marketplace and other
interpreting the value of information about family ownership by dif- venues.
ferent stakeholders (Beck & Prügl, 2015; Botero, 2014; Dessi et al., This definition captures an all-encompassing view of a brand as
2014; Eskine & Locander, 2014; Hauswald & Hack, 2013; Kahlert, suggested by Urde and Greyser (2016), who state that “to have a more
Botero, & Prügl 2017; Lude & Prügl, 2016). A third common thread for extensive understanding of the phenomenon of the corporate brand, it is
understanding the family business brand is related to the meaning that necessary to adopt multiple perspectives” (p. 95) (see also Urde, 1999,
stakeholders can infer from family ownership signals. 2013; Urde, Geyser & Balmer, 2007; Balmer & Gray, 2003). The systems
Researchers who explore the family business brand from this ap- approach to the family business brand that we propose requires a multi-
proach try to capture the unique perceptions that external and internal stakeholder perspective, has a high reliance on company values and
stakeholders view as differentiating factors for family firms in the culture (and in the case of family business, family culture), acknowl-
marketplace. From the reputation point of view, a family business edges that everything related to the organization is a communication to

5
C.B. Astrachan et al. Journal of Family Business Strategy 9 (2018) 3–15

Table 2
Family Business Brand Components.

Term General Definition Family Business Context Question(s) addressed

Identity Shared perceptions of organizational members regarding Family Firm Identity consists of the identity of the Who are we as a family firm? What makes
who they are as an organization (Balmer, 2001; Brown owning family and the business, which are integrated to a us unique? What are our core values and
et al., 2006; Hatch & Schultz, 2002). It concerns those certain degree – the more aligned the family and business goals?
features that are considered the most central, distinctive, values and goals, the larger the overlap. High levels of
and enduring for an organization (Albert & Whetten, integration are associated with higher levels of (family
1985). member) identification.
Image Mental associations that organizational members want Family Firm Image refers to the set of associations that How do we want out stakeholders to see
others to hold about the organization (Brown et al., family firm owners and leaders want their stakeholders to us? How do we portray the family?
2006), and a desired state of perception about the firm have with the company and its offering, and the
and its offering the organization aims to influence through information they choose to communicate about the firm
its formal and informal communication (Camara, 2011). in their efforts to achieve differentiation in the
marketplace, based on the family nature of the firm.
Reputation Sum of mental associations, opinions and judgements held Family Firm Reputation represents the general What characteristics (if any) do different
by the company’s diverse constituencies that are based on perception that a family firm’s diverse stakeholders have stakeholders associate with a particular
an organization’s past and present actions (Urde & of the organization, as well as of family businesses as a family firm, or family firms in general?
Greyser, 2016), influenced by a variety of sources (e.g., distinct class of economic actors, in comparison to non-
competitors, media), and which cannot be fully controlled family firms.
by the company (Brown et al., 2006).
Brand Entity of core values supporting and leading to a promise A Family Business Brand is comprised of the formal and What aspects of the family nature of the
(Urde & Greyser, 2016) informal communication of the family element of firm firm (of who we are) do we want our
essence, which includes the family’s involvement in a stakeholders to know?
firm, which lead to associations and expectations in the
mind of stakeholders that help differentiate these firms
from others in the marketplace and other venues.

stakeholders, takes a long-term view, and requires the brand to be are more likely to promote their family ties than partly publicly-traded
perceived as authentic and not contrived in order to add lasting value companies. Analyzing a similar sample, but using a different analysis
(Balmer & Gray, 2003). scheme, Smit, Binz and Schwass (2010) confirm these findings and
In the following section, we use these three dimensions to organize furthermore find that firms carrying the owning family’s name are more
and interpret the literature on family business branding. likely to promote their family background. This corresponds with prior
findings by Rubenstein (1990), who finds that of the 1076 US family
3. An overview of the family business branding literature firms in her sample, family named companies are significantly more
likely to refer to their family ties in their advertising. Lastly, through a
Two extensive reviews of the family business branding literature series of case studies with 11 Swiss and German family firms, Binz
have recently been published (Beck, 2016; Sageder et al., 2016), which Astrachan and Botero (in press) confirm the relevance of identity in the
is why we refrain from discussing the sum of relevant contributions in context of family business branding by highlighting two additional fa-
great detail. What we do provide – based on the study of previous mily-related factors that drive family business brand promotion,
contributions as well as our observations of family business branding namely the family members’ level of identification with and commit-
practices – is a high-level overview of the concepts and themes in the ment to the business, and the pride they take in the family’s heritage
literature, highlighting important and exemplary works that further our and achievements. Similarly, Zellweger et al. (2012), also find that
understanding of the family business brand. “family firm pride, community social ties, and long-term orientation are
important antecedents to family firm image” (p. 248).
3.1. Identity and the family business brand
3.1.2. Organizational antecedents of family business branding
Organizational identity theory has been a popular approach used to While far from a priority in family business branding research,
explain the role of the owning family in family business brand pro- scholars have identified a range of organizational antecedents influen-
motion, providing a theory-based explanation as to why certain family cing family firm brand promotion. Through their website content
firms may be more likely to communicate the family nature of the firm analysis, Micelotta and Raynard (2011) show that larger and younger
than others (Sundaramurthy & Kreiner, 2008; see Section 2.1). Re- family firms are more likely to downplay family ties compared to
search focusing on the drivers as well as constraints of family business smaller and older companies (see also Botero et al., 2013; Memili et al.,
branding looks at what types of families and firms may be most, or 2010; Smit et al., 2010). In their exploration of 1036 organizational
least, likely to promote their family firm status to their diverse con- websites from family firms in Australia, United Kingdom, and the
stituencies, and why that might be the case. Our exploration of the United States, Botero et al. (2013) not only find that family firm brand
literature revealed two types of identity-based antecedents of family promotion differs between industries, but also that the country of origin
business brands: family-related and organizational. affected the likelihood of explicitly communicating the family business
brand, which indicates that communicating family ownership may be
3.1.1. Family-related antecedents of family business branding perceived differently in different cultural contexts. While there is lim-
Memili, Eddleston, Kellermanns, Zellwege, and Barnett (2010), in- ited academic research investigating this angle, the annual Edelman
vestigating a sample of 163 family-owned firms in Switzerland, find Trust Barometer also suggests this to be the case (Edelman Trust
that higher levels of family ownership and family expectations (as Barometer, 2017).
measured by shared family and firm values and goals) are positively In sum, prior research suggests that family firms are more likely to
related to the promotion of a family firm image. These findings are engage in family business branding when they have higher levels of
partly replicated by Micelotta and Raynard (2011), who, examining a family ownership, higher family expectations, carry the family name,
sample of 92 websites taken from Family Business Magazine’s list of the and show higher levels of family identification with and pride in the
world’s oldest family firms, find that fully privately-owned companies firm and the heritage of the family. Furthermore, smaller, older family

6
C.B. Astrachan et al. Journal of Family Business Strategy 9 (2018) 3–15

firms are also more likely to promote the family nature of their com- every production facility once a month to make sure that their quality
panies, and there seem to be differences in terms of family business standards are being met. The Warburton family wants their customers
branding proclivity between industries and countries of origin. to understand that their products are better exactly because the com-
pany is family owned and family managed – that, in fact, the family
3.2. The portrayal of the family business brand makes the difference. Another example is the Swiss knife maker Vic-
torinox – inventor of the Swiss army knife – a deeply religious company
Family firms use a variety of ways to portray to their diverse con- whose founding reason in 1891 had been to create job opportunities in
stituencies that they are family owned and/or family operated. While the rural areas of Switzerland. In the aftermath of 9/11, Victorinox’ sales
some put their family firm status front and center in their marketing plummeted by 40% – yet, the family refrained from laying off em-
communications, others prefer to subtly hint at their family back- ployees. Instead, the owners – citing the bible (see Gen. 41:26–27, New
ground, or refrain from mentioning it altogether. In this section, we International Version) – felt that they had accumulated enough wealth
examine what we know about how family firms disclose their family in prior years to make it through this period of financial drain. For
firm status in order to further explore the different components and almost a year, they reduced their employees’ workload, while still
expressions of a family firm brand. paying full salaries, and loaned workers to other businesses in the area
Micelotta and Raynard’s (2011) contribution offers insights into (Koydl, 2013).
how ‘family’ can be instrumentalized in terms of a family business Once a family firm has decided on how prominently it wants to
brand. Based on a content analysis of the world’s 92 oldest family firms’ feature the owning family (see Blombäck & Ramírez-Pasillas, 2012 for a
websites, the authors distinguish three family business branding stra- detailed discussion of the decision process that precedes family business
tegies that differ in terms of both the way in which the family is por- brand promotion), and in what ways the family should be character-
trayed as well as the prominence with which they feature the family. ized, they can choose from a variety of textual (e.g., family history),
They find that ‘family’ can represent very different things as part of a visual (e.g., family photo portraits or videos) or audible (e.g., podcasts
distinct family firm brand identity (e.g., as a guardian of the craft or the with family members) cues to corporealize the family. They can pro-
guarantor of care and continuity). They also posit that companies may mote their family business brand using a wide array of communication
focus on either the family (i.e., Family Preservation Strategy), their channels, ranging from traditional advertising and direct marketing to
offering (i.e., Family Enrichment Strategy) or the organization as such new media (e.g., social media), public relations, events and sponsor-
(i.e., Family Subordination Strategy) in corporate messaging or other ship, as well as personal communication (e.g., using family members as
communications. Hence, some companies may opt for a very dominant brand ambassadors). While the internet – and in particular social media
portrayal of the family on their corporate websites, be it visually, au- – is an increasingly popular way to reach customers (Verhagen, Boter, &
dibly or textually (e.g., C. Hoare & Co. private bank, UK), “so much that Adelaar, 2010; Verhagen & van Dolen, 2008), our observations and
the family is personified in the company itself”' (Micelotta & Raynard, conversations with family business leaders show that many family firms
2011, p. 204). Others might choose a subtler approach, where “the often still rely on classical communications channels to portray their
primary role attributed to the family is to ensure that the skills, techniques, family firm status. A good example is the television commercial by the
and experience accumulated over the years will be passed down from gen- German cereal producer HIPP – producer of organic baby foods – which
eration to generation.” (ibid., p. 7; e.g., Patek Philippe watchmakers, features Paulus Hipp, a member of the senior generation. At the end of
Switzerland or Bacardi distillery, Puerto Rico) or they will even hide the spot, Hipp closes by saying ‘our products are organic, and of the
family components, seeking to create an identity that is different and highest quality – this is important for your baby’s nerve cells and brain
disassociated from the family; if family members are featured in pic- growth. For this, I stand with my name.’ Other family businesses use radio
tures, it is in their formal role, and in business attire (e.g., Boehringer- commercials, where family members – after stating that fact that they
Ingelheim pharmaceuticals, Germany). are a member of the owning family – may talk about a special offer,
This classification is helpful in understanding that family firms may inviting customers to call or visit their retail store, implying that family
promote their family firm brand identity in various ways, and to varying members will be on-site and available to customers. Unfortunately, at
degrees – depending on the focal element of their branding strategy: the this point, we know little about which communication channels may be
family, their offering, or their organization (Micelotta & Raynard, more or less suitable – as in, leading to a desired outcome – to promote
2011). Furthermore, the classification provides some preliminary in- the family nature of a firm given that most of the work on channels has
sights as to what characterizations of ‘family’ might be utilized in family centered on the exploration of websites (e.g., Blombäck & Brunninge,
firm portrayals; even though in reality there may be more narratives 2013; Botero et al., 2013; Gallucci et al., 2015; Micelotta & Raynard,
that family firms employ (e.g., the philanthropic or socially conscious 2011).
family as a positive force in the community, the family as a creator of Furthermore, prior research on family business branding generally
workplaces in rural areas, the family as a driver of innovation in the considers a family business brand to be a corporate brand and does not
business). Some families have chosen yet a different approach: humor – differentiate whether the brand is at the corporate level (e.g., SC
hoping to make their brands more relatable and likeable for their cus- Johnson – A Family Company) or a product or service brand (an ex-
tomers (Binz Astrachan & Astrachan, 2015). Examples include Mathew ception to this is the work of Blombäck, 2009, 2010,2011). However,
Brothers, America’s oldest windows manufacturers (Mathews Brothers, given that a family business brand always includes a reference to
2017), Sierra Nevada Brewing Co., who recently added the slogan ‘fa- ownership – whether implicit or explicit – it always reflects on the
mily owned, operated and argued over’ to their logo (Union Beer organization on some level. Some companies have a corporate family
Distributors, 2017), and the English baking company Warburtons Family brand and minimize family at the product level for some lines. When
Bakers (Warburtons, 2017), whose humorous TV and radio spots have and why this is done and with what short and long-term effects are
been viewed, listened to and shared by millions on online platforms interesting questions for future research. An example is the William
such as Youtube. Grant and Sons distillery, which owns several strong brands that each
The family narrative is also closely related to what one might call have a very unique brand personality – and while some brands tell a
the ‘family promise’ (Binz Astrachan & Astrachan, 2015), which refers family business story (e.g., Glenfiddich scotch), others do not (e.g.,
to the implicit or explicit value added the family brings to the business Hendrick’s gin) – taking a very instrumental approach by carefully re-
through their actions and leadership. Warburtons Family Bakers, for searching their target audiences’ preferences, the company found that
example, claim that ‘we care because our name’s on it’ (Warburtons, the notion of family was attractive to their whisky customers, but not to
2017). Here, the family promise is product quality – and hence, an their gin drinkers. So the company simultaneously promotes a family
outstanding customer experience: Warburton cousins personally visit and a non-family business brand to their diverse audiences – but the

7
C.B. Astrachan et al. Journal of Family Business Strategy 9 (2018) 3–15

parent company is clearly recognizable as a family business. portrayal, based on our observations of actual family business branding
William Grant and Sons is one of the companies we encountered that practices.
systematically explored the opportunities and downsides of adding the
notion of family to their brand (see Binz Astrachan & Astrachan, 2015 3.3. Family brand reputation and the consequences of family business
for details). While doing market research in Asia, the company found branding
that while customers were largely indifferent to the term ‘family
owned’, they highly appreciated the term ‘family run’ – which is why Prior research on family business branding has identified a range of
Glenfiddich’s hook line now reads ‘Glenfiddich: family run since 1887′ stakeholder-related (e.g., customer loyalty, employee commitment) as
(Milne, 2014). This highlights the importance of market research in the well as organizational outcomes (e.g., performance benefits, sales
family business branding process in order to determine for whom the growth, corporate citizenship) of family business branding. Next, we
notion of family (and which nuances of family ownership and man- discuss these findings, before we present a summary visualization of our
agement) is, in fact, beneficial, and who may not appreciate the fact interpretation of the literature.
that a seller or service provider is family owned or family managed.
This insight ties into the discussion of which stakeholders appreciate (or 3.3.1. Stakeholder-related outcomes of family business branding
may not appreciate) the family business brand. Binz et al. (2013) sug- Prior research on family business branding outcomes has largely
gest that people associate different qualities with different organiza- focused on two types of stakeholders: customers and employees.
tions; and given that different people are attracted to different attri- Investigating customers’ perceptions of family versus non-family firms,
butes that characterize an organization, we may assume that while for Orth and Green (2009) find that participants evaluated family-owned
some stakeholders, family firm status may be a positive signal, for grocery stores score higher in terms of image, customer service, and
others, it may be neutral or even negative. More research is needed to customer satisfaction when compared with non-family owned grocery
determine for whom – and under which circumstances – family is a stores. Respondents viewed family ownership, control, and involvement
positive cue that leads to a favorable outcome. We recognize that such as positive attributes in a firm. Carrigan and Buckley (2008) similarly
attribution may change greatly over time and from one culture to an- suggest that customers have higher expectations of product and service
other. quality when buying from a family owned rather than a non-family
Another important point that has not yet been discussed when ex- owned grocery store. Based on interviews, they find that these positive
ploring the portrayal of family business brands is that there are implicit perceptions are fed by the family’s desire to protect the firm’s image
message-enforcing behaviors of organization and family members in and reputation, and the customer’s perception of family firms as being
addition to formal communication. Organizational representatives are more socially responsible than non-family firms. An experimental
likely to act on behalf of the organization, and these behaviors also survey by Sageder, Duller and Mittler (2015) with 247 participants
influence stakeholder’s perception of the family business (Mazzei & from Austria confirms these results: the authors also find that family-
Ravazzani, 2015). Several authors have identified family firm’s above- owned retail stores are perceived superior in terms of “overall reputa-
average customer and quality orientation (Craig et al., 2008; Cooper tion, customer orientation, social and environmental responsibility, and
et al., 2005; Lyman, 1991; Okoroafo & Koh, 2009; Presas, Guia, & employer qualities” (p. 17), as compared with non-family owned outlets.
Muñoz, 2014, Robins, 1991), which is assumed to be rooted in their Lastly, Binz et al. (2013), investigating a sample of 253 Swiss con-
desire to protect the family and business reputation. This is further sumers, find that consumers prefer the products and services offered by
driven by the fact that because they identify with the business, family family firms mainly because of the relational qualities (e.g., trust-
members view the company as an extension of themselves, and hence worthiness, reliability) these consumers associate with family-owned
strive to maintain a positive image (Binz, Astrachan, & Botero, 2017). companies.
With the exception of Binz Astrachan and Astrachan (2015), the impact In terms of employee-related outcomes, several studies provide
of signals such as the behavior of all parties involved in shaping and evidence that family owned employers are perceived differently from
carrying the brand, both family members and company employees – has non-family employers resulting in different levels of attractiveness
not been explored in family business branding research. based on individual preferences. Hauswald et al. (2016), analyzing a
Lastly, prior research on family business branding has neglected to sample of 175 job seekers from the perspective of person-organization
acknowledge the fact that family business branding messages can focus fit, find that job-seekers who value conservation (e.g., long-term or-
on the family as the branded entity rather than the organization (apart ientation, stability) and self-transcendence (e.g., benevolence, loyalty)
from Parmetier’s (2011) contribution on David and Victoria Beckham). are particularly attracted to family owned employers. Similarly, Binz
Throughout history there are several families that have, over the course Astrachan et al. (2014), in a survey of 243 former senior-level job ap-
of several generations, developed a distinct family brand. The Rock- plicants, find evidence those job-seekers who value organizational
efeller, Rothschild, and Kennedy families, for example, have created culture more than other areas (e.g., rewards or development opportu-
their own brands that are linked to the economic and political legacies nities) are more drawn towards family-owned employers. These find-
that these families have. Many of these families have set up impressive ings, which are in-line with the idea that different people are attracted
foundations and are invested in a range of philanthropic activities (e.g., to different organizations (Ritz & Waldner, 2011), indicate that job-
the Rockefeller foundation was founded in 1913, and aims to promote seekers associate different qualities with family and non-family owned
the well-being of humanity around the world; www. employers, and that many of them consider family ownership a strong
rockefellerfoundation.org). A less-known example, perhaps, is the signal in the employer context. Covin (1994a, 1994b) similarly finds
Cathy family (Chick-fil-A; www.truettcathy.com), owners of the number that the majority of students in her sample of 225 had a high preference
five fast-growing restaurant chain in the United States. Many families for working either in their own family’s business, or in a non-family
have come to realize that owning a company comes with a certain level business – only a minority of the respondents expressed a low pre-
of publicity – even if they wish to remain private – and that actively ference. These strong preferences – or in other words, different eva-
shaping the public image by having, for example, an online presence for luations of these two types of organizations – may be explained by the
the family might be beneficial to both the family and the business. Such fact that her respondents assessed family and non-family firms differ-
distinct family brands – and the way in which they shape the family’s ently on a range of dimensions (e.g., employee commitment, job
image and popularity – may have a tremendous effect on the family characteristics, career advancement opportunities). Painting a more
business brand (and, certainly, also on the owning family), without negative picture, Ceja and Tàpies (2009), using a global sample of 213
being acknowledged during (particularly quantitative) data collection. EMBA students, find that their mostly Spanish (60% of sample) re-
Table 3 below provides an overview of the dimensions of family spondents have a very specific – and mainly critical – image of family

8
C.B. Astrachan et al. Journal of Family Business Strategy 9 (2018) 3–15

Table 3
Components of a Family Business Brand.

Dimension Specification Instances/Examples of Manifestation

Level of family promotion How important is the family as part of the brand identity Family is very important (family preservation strategy), somewhat important
for the business and the family? (family enrichment strategy), or unimportant (family subordination strategy)
(Micelotta & Raynard, 2011).
How prominently is the family featured in corporate In what percentage of all communication is family mentioned (e.g., SC Johnson is
communication? 100%, as it is part of their logo); how many times per communication is family
mentioned.
Characterization of owning What is the owning family’s role? Family as the guarantor of continuity, guardian of the craft, member of the team
family (Micelotta & Raynard, 2011); source of humor, provider of employment, ethical
employer, environmental or philanthropic activists, driver of innovation, guardian
of long-term stability, company steward (Binz Astrachan & Astrachan, 2015).
What is the family promise? Family ensures superior product and service quality, extraordinary customer
orientation and customer experience (Carrigan & Buckley, 2008; Craig et al., 2008;
Orth & Green, 2009); experience and craftsmanship (Micelotta & Raynard, 2011),
reliability and trustworthiness, community orientation, or ethical treatment of
employees (Binz Astrachan et al., 2014).
Representation of owning How is the family conveyed in corporate communication? Inclusion of visual, textual and audible family references, e.g., adding family
family references to the logo, including pictures (e.g., family members, family buildings,
artifacts), videos or audio files (e.g., interviews) of past and present generations of
the owning family (Binz Astrachan & Botero, (forthcoming); Binz Astrachan &
Astrachan, 2015; Micelotta & Raynard, 2011).
How many family members are featured in the family One or several family members, one or several generations.
portrayal?
How far into the past and future is the family mentioned? “We have been a family business for 250 years”; “Our goal is to remain a family
business for the next 250 years”.
Communication channels used Advertising & Direct Marketing Inclusion of family references in traditional (e.g., TV, print, radio, billboards,
publications) and new media (e.g., website banners, blogs, social media, email,
mobile, search engines), as well as direct marketing activities (e.g., letters,
postcards, telephone, email).
Public Relations & Publicity Inclusion of family references on the corporate website, promoting news stories,
feature articles and testimonials (old, new, and industry-specific media),
representing the business through sponsorship and events, using opinion leaders.
Personal Communication Engaging family members as brand ambassadors; making family members
available to (key) customers and suppliers to created strong relationships and
encourage positive word of mouth.
Stakeholders addressed Which stakeholders are presented with family cues? Broad promotion (across all channels, all constituencies) versus selective
promotion (e.g., current or potential employees only, B2B or B2C customers,
suppliers only, differences between countries).
Brand architecture Corporate Brand Inclusion of family references in the messaging related to the organization.
Product/Service Brand Inclusion of family references in the messaging of some or all of the offerings (i.e.,
products, services).
Family Brand Promotion of the family as an entity that is independent from the business and
offering.
Unpremeditated Image What are other message-enforcing behaviors that family or Implicit family portrayal; e.g. by means of superior customer or quality
organizational members display on behalf of the company? orientation; family members’ or organizational members’ behavior exemplifying
the family (firm) and brand values but also a demonstration of nepotism or lack of
professionalism.

owned employers, largely because of the perceived lack of profession- promotion of a family-based brand identity, a customer-centric or-
alism and career opportunities, limited resources, and nepotism. In- ientation is fostered, which in turn positively contributes to firm per-
terestingly, Kahlert et al. (2017) did not find a significant effect of formance. The authors suggest that a “family-based brand identity en-
communicating family ownership to their sample of 125 individuals in hances the family firms’ ability to persuade consumers to make purchasing
Germany. They find that information about family ownership did not decisions based on the perceived attributes of the seller” (p. 364). Using
influence applicants’ perceptions about the firm, or the attractiveness of similar Swiss family business samples, Zellweger et al. (2012), based on
the company (however, organizational age did). a sample size of n = 179 and Memili et al. (2010), based on a sample
size of n = 163, find that family firm image (for operationalization, see
3.3.2. Organizational outcomes of family business branding Memili et al., 2010, p. 248) has a positive effect on firm performance – a
In terms of organizational outcomes, financial performance seems to finding that is corroborated by Gallucci et al. (2015) study of 114 fa-
be the focus of most studies in this area. Building on the assumption mily firms in the wine industry, who find that a distinct family firm
that the family firm cue is a positive signal to customers, leading to image positively influences sales growth.
reputational benefits, several articles explore potential effects of pro- In summary, several contributions find a positive relationship be-
moting a firm’s family background on firm performance. For example, tween family business brand promotion and various stakeholder-related
Kashmiri and Mahajan (2010), in their analysis of 130 publicly listed and organizational outcomes. Many of these effects come from the su-
family firms in the United States, find that family firms carrying the perior reputation family firms enjoy with their customers, which is
name of the owning family perform better financially because they are partly based in their above-average customer and quality orientation
more customer-oriented and socially responsible than their non-family (driven by their desire to maintain lasting relationships with their sta-
named counterparts. The authors argue that the intense customer and keholders, and protect the family and business reputation).
quality orientation is rooted in the family firm’s strong desire to protect Fig. 1 (adapted from Urde & Greyser, 2016) below provides a high-
their family name. Craig et al. (2008), investigating a sample of 218 level visualization of our discernment from the literature review, and of
family businesses in the United States, also find that through the our understanding of the family business brand system.

9
C.B. Astrachan et al. Journal of Family Business Strategy 9 (2018) 3–15

Fig. 1. Family business brand system.

4. Conceptualizing the family business brand the same coin (…) corporate brand identity is about the organization and its
management’s perceptions, while reputation is about the stakeholder’s per-
Despite growing interest in family business branding, the field lacks ceptions” (Urde & Greyser, 2016, p. 95). Thus, to manage a corporate
an encompassing framework that captures a holistic understanding of brand, professionals need to understand internal and external links, and
research and practice on family business branding. Having a holistic the alignment between these two sides (Davies & Miles, 1998; De
framework is important because it helps systemize what is currently Chernatony, 1999; Dutton & Dukerich, 1991). The alignment between
known and identify those areas that need exploration to advance our the image and the identity components of the brand enable a firm to
understanding of branding in the context of family firms. We build on achieve its goals (Van Riel, 2012). CBIRM is a useful framework be-
the definition of a family business brand presented in Chapter 2 as well cause it combines the identity, the communication (image), and the
as the work of Urde and Greyser (2014, 2016) to propose the Family reputational components of an organization’s brand.
Business Brand Identity, Portrayal, and Reputation Matrix. This matrix Building on the CBIRM, we suggest that a comprehensive view of
helps capture the components of the family business brand system and the family business brand requires us to look beyond the mere physical
understand the different aspects of each component, as well as the re- manifestations of the brand and the representation of family through
lationships among various components that are necessary for a holistic communication (e.g., “In our advertisement, we mention that we are a
conceptualization of family business branding. family business”; Memili et al., 2010, p. 207). In order to truly com-
Urde and Greyser’s (2014;2016 Corporate Brand Identity and Re- prehend what it means to the family, the organization, and the stake-
putation Matrix (CBIRM) is an integrated (managerial) framework, holders to be known as a family business, we need to draw from all
combining elements of corporate identity and corporate reputation, and three domains; the family firm’s identity, the family firm’s image, and
can serve as a tool for managing an organizational brand. It expands the the resulting reputation. The family firm identity component represents
previously developed Corporate Brand Identity Matrix (Urde, 2013) by the core of the family business brand, as it determines what will be
incorporating selected reputation elements the authors identified communicated as part of the family business brand.
through a comprehensive review of the general reputation, identity and Family firm image represents the communication or portrayal level
branding literatures. The authors suggest that reputation and the of the brand. This level provides an understanding of how brand mes-
(corporate) brand are interconnected, as they represent “the two sides of sages are communicated, to create the desired image. Finally, the

10
C.B. Astrachan et al. Journal of Family Business Strategy 9 (2018) 3–15

Fig. 2. Family business brand identity, portrayal and reputation matrix.

family firm reputation level encompasses the broader level of the brand premeditated/unpremeditated image).
that captures how stakeholders view the family firm. Building on this Family firm brand reputation is the third and outermost level.
idea, we present the Family Business Brand Identity, Portrayal, and Elements at this level help us understand why using a family business
Reputation Matrix (see Fig. 2) as a framework that integrates the dif- brand may be relevant for the family and the organization, as it helps
ferent aspects of a family business brand system. family business leaders and owners understand the effects of using the
The family brand identity level incorporates the different elements family business brand. These elements pertain to stakeholders’ per-
that drive what is communicated as part of the family business brand. ception of the portrayal of the family nature of the business in terms of
In line with Urde (2013), who developed the original Corporate Brand their assessment of the family’s commitment and the firm’s trust-
Identity Matrix, we suggest that family brand identity level is expressed worthiness and credibility, the brand’s recognizability and potential to
through nine elements. At its core, family business brand identity is inspire and differentiate, the consistency of message delivery, and
rooted in the family values and goals, the family history, family ex- whether the fact that a company is family owned makes a difference to
periences, family member pride, and level of family influence the fa- them (Urde & Greyser, 2016). It is expected that the way brands are
mily exerts through management or ownership. This core component portrayed will influence perceptions at this level.
shapes the remaining eight identity elements, i.e., internal (i.e., mission We believe that the adapted Corporate Brand Identity and
& vision, culture, and competencies), external (i.e., family promise, Reputation Matrix (Family Business Brand Identity, Portrayal, and
relationships, and positioning), and internal-external (i.e., personality Reputation Matrix), in combination with the specific guiding questions
and expression) elements. Although these nine identity elements pre- for each dimension provide a relevant framework to understand the
sent a broad core of the brand, it is important to notice that given that family business brand from a more encompassing point of view.
brands serve multiple types of stakeholders, these elements need to be
carefully integrated and aligned given the expectations of target audi- 5. Discussion
ences (Urde, 2013).
The second level, family firm brand portrayal (i.e., image), en- Brands are an important source of differentiation for organizations
compasses the different message, channel, and context factors that help today because they help organizations develop and maintain competi-
us understand how the family business brand is communicated to tive advantage in the marketplace. For family firms, their “family
achieve the image that the firm wants its stakeholders to have about nature” can become a unique resource that can help to develop com-
them. At this level, there are three components that are explored. The petitive advantage and differentiation. Given that every owning family
message characteristics component describes the different types of has a unique history and identity, every family business brand, in
messages (i.e., written, verbal, non-verbal, explicit or implicit) that can theory, is inimitable. The challenge for the family business owners and
be/are used to present a family business brand to stakeholders. This leaders lies in the identification of those values and characteristics that
component also includes how messages are framed to stakeholders. A add value to the brand message recipient, and that allow for the por-
second component of this level includes the channels employed to trayal of the family in a way that the resulting reputation is in line with
communicate the family business brand. The final component of this the family’s identity and the family firm image. This is what makes the
level explains the context that determines the family business brand understanding of family business brands and branding an important
message used (i.e., when are different brand messages used). The family area of discussion.
firm portrayal level includes components that help us understand how There has been significant growth in the study of brands and
the identity elements are manifested or expressed through commu- branding in the family business context over the last decade. Despite
nication, both implicitly and explicitly, planned and unplanned (i.e., the fact that we still lack a clear understanding of what the family

11
C.B. Astrachan et al. Journal of Family Business Strategy 9 (2018) 3–15

Table 4
Proposed Family Business Brand Scale Items.

Dimension Proposed Scale Items Authors

Family Firm Identity – Family-Related Components: Memili et al. (2010) and Zellweger et al. (2012)
– Family ownership level
– Family influence
– Family values & goals
– Perceived riskiness of family portrayal
– Organizational Components: Binz Astrachan and Botero (forthcoming), Botero et al., 2013, Micelotta and Raynard
– Firm size & age (2011) and Smit et al. (2010)
– Industry/business model (B2B/B2C)
– Country of origin/country of promotion
– Shared family and business name
– Community ties
– Presence & role of family in management
– Family and business value overlap
– Board understanding of family business brand value
– Employee pride in family ownership and history
Family Firm Image – Premeditated Image (explicit family portrayal): Binz Astrachan and Astrachan (2015) and Botero & Blombäck (2010)
– Level of family promotion
– Characterization of owning family
– Family portrayal & family promise
– Channels used
– Stakeholders addressed
– Brand architecture
– Unpremeditated Image (implicit family portrayal): Binz Astrachan and Astrachan (2015), Carrigan and Buckley (2008), Kashmiri and
– Customer orientation Mahajan (2010) and Orth and Green (2009)
– Quality orientation
– Family member behavior exemplifying values
– History of family sacrifice for the business
– Nepotism, lack of professionalism
Family Firm Reputation – Positive family firm associations (e.g., authenticity) Botero, Binz Astrachan, and Calabrò (2017)
– Negative family firm associations (e.g., nepotism)
Moderators – Stakeholders’ preferences and previous experiences with Blombäck and Ramírez-Pasillas (2012), Botero et al., 2013 and Parmentier (2011)
family firms
– Prevalence of family firms among competitors
– Familiarity with particular company/brand
– Message framing and brand distinctiveness
– Channel noise
– Perceived fit between identity and image
– Planned vs. unintended messaging
Outcome Variables – Financial performance Carrigan and Buckley (2008), Craig et al. (2008), Gallucci et al. (2015), Kashmiri and
– Sales growth Mahajan (2010) and Orth and Green (2009)
– Customer trust and loyalty
– Employee turnover rate and commitment

business brand is, two recent literature reviews by Beck (2016) and The identity component of the brand takes the point of view of or-
Sageder et al. (2016) furthered our understanding of the accumulated ganizational owners and leaders and describes ‘who they are as an or-
knowledge. However, we still know little about the antecedents and ganization’ (Albert & Whetten, 1989; Brown et al., 2006). The image
outcomes, as well as the process of family business branding. component of the brand reflects the characteristics of the message and
With this in mind, the objective of this paper was threefold. First, we how the message is communicated. That is, the image represents what
provide clarification and systematization of the family business brand organization’s owners and leaders choose to communicate and how
terminology to avoid confusion when moving forward. Second, we they communicate it to create desired associations in the minds of
present a multi-dimensional, encompassing, and operationalizable de- stakeholders. The reputation component of the brand describes the gen-
finition of the family business brand. Third, we propose a framework eral perceptions that stakeholders have about the organization, taking
that allows for a more systematic exploration of the family business the receiver perspective of the brand. Building on this idea, we argue
brand phenomenon, and which can be helpful in guiding future re- that the family business brand represents a system that combines the
search on family business branding. sender approach (i.e., identity), the message (i.e., image), and the re-
In this paper, we argue that research about family business brands ceiver approach (i.e., reputation), in its totality enabling differentiation
and branding has not been able to move forward partly because of the in the marketplace and other venues.
confusion that exists in the current literature when articulating the The strong belief that a holistic approach is needed to study the
components of a family business brand. In Chapter 2, we point out how family business brand may explain why we found Urde and Greyser’s
the terms identity, image, reputation, and brand have been used in- (2016) Corporate Brand Identity and Reputation Matrix (CBIRM) to be
terchangeably when exploring family business branding, even though particularly adequate to further systemize the family business brand.
scholars in other disciplines have suggested that identity, image, and Their elements of identity and reputation highly resonated with our
reputation represent different concepts (see Balmer, 2001 and Brown understanding of the family business brand context, and provided us
et al., 2006 for detailed discussions). Drawing from the literature in the with an additional understanding of current shortcomings in the lit-
marketing, branding and reputation field, we describe and delineate erature (as well as ideas for further research) regarding the family
these four dimensions, and explain why identity, image and reputation business brand. Drawing heavily from their original framework, we
represent different aspects of the family business brand system. developed the Family Business Brand Identity, Portrayal, and Reputation

12
C.B. Astrachan et al. Journal of Family Business Strategy 9 (2018) 3–15

Matrix. We believe that this framework is particularly useful in further With a greater understanding of how the components of the family
exploring the family business brand. business brand interact, we can then explore the effects of the compo-
One important goal of this paper was to develop a definition – and nents on outcome measures such as financial performance (e.g., ROE
more importantly, an understanding – of the family business brand that and ROA – all while testing for curvilinear relationships; longevity; and
would allow scholars to operationalize the construct. This is particu- a wide variety of stakeholder effects; e.g., employees, customers, others
larly important given the variety of family business brand definitions in the supply chain). One of the difficulties with the approach is that it
currently employed in literature, and the resulting confusion in its assumes that all family businesses have similar goals, which ample
measurement. Based on our review of the literature, in combination research in the family business heterogeneity stream has shown not to
with our observations of family business practices from our research be the case (e.g., Binz, Ferguson, Pieper, & Astrachan, 2017; Kotlar & De
and experiences on family business boards and other settings, and with Massis, 2013). This approach suggests measuring performance against
the Family Business Brand Identity, Portrayal, and Reputation Matrix in desired state for a constellation of goals, as defined by the family
mind, we provide a list of dimensions and items that could be in- business owners and leaders (Williams, Pieper, Kellermanns, &
vestigated both qualitatively and quantitatively as part of a family Astrachan, 2018). It may be that the attainment of some goals is fa-
business brand, and which may serve as a basis for further scale de- cilitated by a family business brand as a whole, as well as individual
velopment and family business brand measurement. components of the brand message in the image portrayal (premeditated
The items presented in the table represent a broad range of brand and unpremeditated messaging). On the other hand, the attainment of
components; i.e., how does family portrayal (image; premeditated) other goals could perhaps be hindered by a family business brand.
differ in various countries or between industries (identity; organiza- Once the scale is developed and the construct thoroughly tested
tional components); which family promises (image; premeditated) lead internally and against a variety of potentially idiosyncratic goals, ex-
to which consumer associations (reputation; consumer context); or how panding the complexity of the model can be considered. One potential
do negative family firm associations in the labor market (reputation; avenue for expansion lies in sources of information that we have thus
employer context) affect family member’s pride in the business? It is far largely ignored (with the exception of local culture effects which
with an idea toward conceptual development and conducting research were discussed above). These sources of information include the effects
with clearly measurable variables that we emphasize the components of competitors, press coverage of industry (including family scandals),
approach to understanding the family business brand. We recognize impact of government investigations and new and developing policies
that these components (i.e., sender, message, and receiver components) and laws, and noise in or communications from those in the forward
are interrelated and thus a change in one leads to a change in the other and backwards supply chains.
(s) which can complicate some investigations. One additional area of future research worth noting are investiga-
tions into the effects of a family business brand on the owning family.
6. Suggestions for further research This paper has taken a largely business centric view of the family
business brand construct, which is a serious limitation. The effects of a
Our aim in this paper was to help advance the field of family family business brand on an owning family may be profound, including
business branding by providing a review and integration of some of the family cohesion, family longevity, family harmony, quality of family
most important articles in the field in order to help advance the re- communication, family risk tolerance, and family entrepreneurial or-
search by clarifying and further specifying the family business branding ientation. Hopefully, these short and long-term effects on the family can
construct. During our investigation, we introduced the idea that a be investigated in the future.
systems approach, which allows for a deconstruction of the brand The phenomenon of the family business brand is a new and growing
construct into its component parts, might facilitate future family busi- area of research, and a promising one at that for family firms, given that
ness branding scholarship. scholars have already identified a range of positive outcomes related to
A first step in continuing to develop the family business branding promoting the family nature of the firm. In order to determine under
construct would be to take the ideas for a family business brand scale which circumstances it makes sense to promote a family business brand,
contained in Table 4 and develop, test, and refine the instrument. The and when best to refrain from doing so, we need to develop a more
goals of this step are to develop subscales that have reliability and substantial understanding of the brand, and the branding process. With
convergent and discriminant validity, and then to reduce the number of this paper, we aim to bring clarity to this area of research by proposing
items in each scale to the minimum amount while maintaining relia- a systems’ view of the family business brand, along with a compre-
bility. Measures that take too much time to use in data collection limit hensive framework. This conceptualization allowed us to develop a first
the measure’s utility (for a recent example on the process of scale va- idea for a future scale to measure the family business brand, which will
lidation and parsimony see Hauck, Suess-Reyes, Beck, Prügl, and Frank hopefully be helpful in the development of this important stream of
(2016)). family business scholarship.
With a scale developed, the next step is to explore the systems view
presented here and examine how the components of the family business Appendix A. Supplementary data
brand interact. This is perhaps best done sequentially with a first step
exploring their interactions in an undefined context, and then re- Supplementary data associated with this article can be found, in the
stricting context to explore context effects on the family business brand online version, at https://doi.org/10.1016/j.jfbs.2018.01.002.
system. We suggest this be explored using a range of study designs:
experimental (tightly controlled), quasi experimental (naturally occur- References
ring variance over a select time period, e.g., a selection of companies
that change their branding message at the same time, some with a fa- Albert, S., & Whetten, D. A. (1985). Organizational identity. In L. L. Cummings, & M. M.
mily message and others without), as well as a cross sectional approach Staw (Vol. Eds.), Research in organizational behavior: 7, (pp. 263–295). Greenwich, CT:
JAI.
that captures the existing variance in the sample without taking any Anisimova, T. A. (2007). The effects of corporate brand attributes on attitudinal and
state or other changes into account in a direct fashion. The obvious behavioural consumer loyalty. Journal of Consumer Marketing, 24(7), 395–405.
benefit of the experimental design is that the elements of the family Balmer, J. M. T., & Gray, E. R. (2003). Corporate brands: What are they? What of them?
European Journal of Marketing, 37(7/8), 972–997.
brand message and its causal effect on different outcome variables can Balmer, J. M. (2001). Corporate identity, corporate branding and corporate marketing-
perhaps be best understood in such a tightly controlled experimental seeing through the fog. European Journal of Marketing, 35(3/4), 248–291.
method. Isolating the family effects in this way would provide the Beck, S., & Prügl, R. (2015). Being perceived as a family firm and new product accep-
tance: An empirical analysis. Academy of Management Proceedings (online).
clearest test of the family business brand effects.

13
C.B. Astrachan et al. Journal of Family Business Strategy 9 (2018) 3–15

Beck, S. (2016). Brand management research in family firms: A structured review and Eskine, K. J., & Locander, W. H. (2014). A name you can trust? Personification effects are
suggestions for further research. Journal of Family Business Management, 6(3), influenced by beliefs about company values. Psychology & Marketing, 31(1), 48–53.
225–250. Felden, B., Fischer, P., Graffius, M., & Marwede, L. (2016). Illustrating complexity in the
Berens, G., & van Riel, C. (2004). Corporate associations in the academic literature: Three brand management of family firms. In E. Berger, & A. Kuckertz (Eds.). Complexity in
main streams of thought in the reputation measurement literature. Corporate entrepreneurship, innovation and technology research. FGF studies in small business and
Reputation Review, 7(2), 161–178. entrepreneurship. Springer.
Binz Astrachan, C., & Astrachan, J. (2015). Family business branding: Leveraging stakeholder Fombrun, C. J. (1996). Reputation: Realizing value from the corporate image. Boston, MA:
trust. London: IFB Research Foundation. Harvard: Business School Press.
Binz Astrachan C., & Botero I.C. We are a family firm An exploration of the motives for Gallucci, C., Santulli, R., & Calabrò, A. (2015). Does family involvement foster or hinder
communicating the family business brand. Journal of Family Business Management (in firm performance? The missing role of family-based branding strategies. Journal of
press). Family Business Strategy, 6(3), 155–165.
Binz Astrachan, C., Hair, J., & Wanzenried, G. (2014). Assessing the attractiveness of Gioia, D. A., Schultz, M., & Corley, K. G. (2000). Organizational identity, image, and
family firm employers: An empirical exploration of managers’ attitudes towards adaptive instability. Academy of Management Review, 25(1), 63–81.
working in family-owned companies. 14th annual IFERA world family business research Gray, E., & Balmer, J. (1998). Managing corporate image and corporate reputation. Long
conference. Range Planning, 31(5), 695–702.
Binz, C., Hair, J. F., Pieper, T. M., & Baldauf, A. (2013). Exploring the effect of distinct Hatch, M. J., & Schultz, M. (2002). The dynamics of organizational identity. Human
family firm reputation on consumers’ preferences. Journal of Family Business Strategy, Relations, 55(8), 989–1018.
4(1), 3–11. Hauck, J., Suess-Reyes, J., Beck, S., Prügl, R., & Frank, H. (2016). Measuring socio-
Binz, C. A., Ferguson, K. E., Pieper, T. M., & Astrachan, J. H. (2017). Family business emotional wealth in family-owned and -managed firms: A validation and short form
goals, corporate citizenship behaviour and firm performance: Disentangling the of the FIBER scale. Journal of Family Business Strategy, 7(3), 133–148.
connections. International Journal of Management and Enterprise Development, 16(1–2), Hauswald, H., & Hack, A. (2013). Impact of family control/influence on stakeholders’
34–56. perceptions of benevolence. Family Business Review, 26(4), 356–373.
Blombäck, A., & Botero, I. C. (2013). Reputational capital in family firms: Understanding Hauswald, H., Hack, A., Kellermanns, F. W., & Patzelt, H. (2016). Attracting new talent to
uniqueness from the stakeholder’s point of view. In K. X. Smyrnios, P. Z. Poutziouris, family firms: Who is attracted and under what conditions? Entrepreneurship Theory
& S. Goel (Eds.). Handbook of research on family business (pp. 677–693). (2nd ed.). UK: and Practice, 40(5), 963–989.
Edward Elgar Publishing. Hulberg, J. (2006). Integrating corporate branding and sociological paradigms: A lit-
Blombäck, A., & Brunninge, O. (2013). The dual opening to brand heritage in family erature study. Brand Management, 14(1/2), 60–73.
businesses. Corporate Communications: An International Journal, 18(3), 327–346. Huybrechts, J., Voordeckers, W., Lybaert, N., & Vandemaele, S. (2011). The distinctive-
Blombäck, A., & Ramírez-Pasillas, M. (2012). Exploring the logics of corporate brand ness of family-firm intangibles: A review and suggestions for future research. Journal
identity formation. Corporate Communications: An International Journal, 17(1), 7–28. of Management & Organization, 17(2), 268–287.
Blombäck, A. (2009). Family business: A secondary brand in corporate brand management. Lude, M., & Prügl, R. (2016). Effects of communicating the family firm status on brand
Working Paper. perception: Insights from an experimental study. European Academy of Management
Blombäck, A. (2010). The seconding values of family business in corporate branding – A Proceedings (online).
tentative model. 10th annual IFERA world family business research conference. Kahlert, C., Botero, I. C., & Prügl, R. (2017). Revealing the family: Effects of being per-
Blombäck, A. (2011). Realizing the value of family business identity as corporate brand ele- ceived as a family firm in the recruiting market in Germany. Journal of Family Business
ment – A research model. Working Paper. Management, 7(1), 21–43.
Botero, I. C., & Blombäck, A. (2010). Leveraging the family brand: Using brand man- Kashmiri, S., & Mahajan, V. (2010). What’s in a name? An analysis of the strategic be-
agement to highlight the advantages of family firms. 10th annual IFERA world family havior of family firms. International Journal of Research in Marketing, 27(3), 271–280.
business research conference. Kashmiri, S., & Mahajan, V. (2014). A rose by any other name: Are family firms named
Botero, I. C., Thomas, J., Graves, C., & Fediuk, T. A. (2013). Understanding multiple after their founding families rewarded more for their new product introductions?
family firm identities: An exploration of the communicated identity in official web- Journal of Business Ethics, 124(1), 81–99.
sites. Journal of Family Business Strategy, 4(1), 12–21. Keller, K. L. (2008). Strategic brand management: Building, measuring and managing brand
Botero, I. C., Binz Astrachan, C., & Calabrò, A. (2017). Identifying individuals’ associations equity (3rd ed.). Upper Saddle River: Pearson.
with the term family firm. Working Paper. Kotlar, J., & De Massis, A. (2013). Goal setting in family firms: Goal diversity, social
Botero, I. C. (2014). Effects of communicating family ownership and organisational size interactions, and collective commitment to family-centered goals. Entrepreneurship
on an applicant's attraction to a firm: An empirical examination in the USA and Theory and Practice, 37(6), 1263–1288.
China. Journal of Family Business Strategy, 5(2), 184–196. Koydl, W. (2013). Schweizer Begleiter. Süddeutsche Zeitung. [(July 5) Retrieved from:]
Brown, T. J., & Dacin, P. A. (1997). The company and the product: Corporate associations http://www.sueddeutsche.de/wirtschaft/taschenmesser-von-victorinox-schweizer-
and consumer product responses. The Journal of Marketing, 68–84. begleiter-1.1713120.
Brown, T. J., Dacin, P. A., Pratt, M. G., & Whetten, D. A. (2006). Identity, intended image, Krappe, A., Goutas, L., & von Schlippe, A. (2011). The family business brand: An enquiry
construed image, and reputation: An interdisciplinary framework and suggested into the construction of the image of family businesses. Journal of Family Business
terminology. Journal of the Academy of Marketing Science, 34(2), 99–106. Management, 1(1), 37–46.
Camara, N. Z. (2011). Identity, image and reputation. Berlin Heidelberg: Springer-Verlag. La Foret, S. (2009). Managing brands: A contemporary perspective. Maidenhead, UK:
Carrigan, M., & Buckley, J. (2008). ‘What’s so special about family business?’ An ex- McGraw-Hill Education.
ploratory study of UK and Irish consumer experiences of family businesses. Lievens, F., & Slaughter, J. E. (2016). Employer image and employer branding: What we
International Journal of Consumer Studies, 32(6), 656–666. know and what we need to know. Annual Review of Organizational Psychology and
Ceja, L., & Tàpies, J. (2009). Attracting talent to family-owned businesses: The perceptions of Organizational Behavior, 3, 407–440.
MBA students. Working paper. Spain: University of Navarra. Lyman, A. R. (1991). Customer service: Does family ownership make a difference? Family
Cooper, M. J., Upton, N., & Seaman, S. (2005). Customer relationship management: A Business Review, 4(3), 303–324.
comparative analysis of family and nonfamily business practices. Journal of Small Mathews Brothers (2017). Corporate website. Retrieved from: http://www.
Business Management, 43(3), 242–256. mathewsbrothers.com/News/History.aspx.
Covin, T. J. (1994a). Perceptions of family-owned firms: The impact of gender and Mazzei, A., & Ravazzani, S. (2015). A holistic model of behavioural branding: The role of
educational level. Journal of Small Business Management, 32(3), 29–39. employee behaviours and internal branding. Micro & Macro Marketing, 24(2),
Covin, T. J. (1994b). Profiling preferences for employment in family-owned firms. Family 239–262.
Business Review, 7, 287–296. Memili, E., Eddleston, K. A., Kellermanns, F. W., Zellweger, T. M., & Barnett, T. (2010).
Craig, J. B., Dibrell, C., & Davis, P. S. (2008). Leveraging family-based brand identity to The critical path to family firm success through entrepreneurial risk taking and
enhance firm competitiveness and performance in family businesses. Journal of Small image. Journal of Family Business Strategy, 1(4), 200–209.
Business Management, 46(3), 351–371. Micelotta, E. R., & Raynard, M. (2011). Concealing or revealing the family? Corporate
Davies, G., & Miles, L. (1998). Reputation management: Theory versus practice. Corporate brand identity strategies in family firms. Family Business Review, 24(3), 197–216.
Reputation Review, 2(1), 16–27. Milne, J. (2014). Keeping it in the Family. Glenfiddich. (May 6) Retrieved from: https://
De Chernatony, L. (1999). Brand management through narrowing the gap between brand www.glenfiddich.com/uk/explore/expert-blog/2014/keeping-it-in-the-family/.
identity and brand reputation. Journal of Marketing Management, 15(1–3), 157–179. Okoroafo, S. C., & Koh, A. (2009). The impact of the marketing activities of family owned
Deephouse, D. L., & Jaskiewicz, P. (2013). Do family firms have better reputations than businesses. International Journal of Business and Management, 4(10), 3–13.
non-family firms? An integration of socioemotional wealth and social identity the- Orth, U. R., & Green, M. T. (2009). Consumer loyalty to family versus non-family busi-
ories. Journal of Management Studies, 50(3), 337–360. ness: The roles of store image, trust and satisfaction. Journal of Retailing and Consumer
Dessì, C., & Floris, M. (2010). When management and customers see eye-to-eye: The Services, 16(4), 248–259.
agreement factor and performance. Journal of Small Business and Enterprise Parmentier, M. A. (2011). When David met Victoria: Forging a strong family brand.
Development, 17(1), 102–122. Family Business Review, 24(3), 217–232.
Dessi, C., Ng, W., Floris, M., & Cabras, S. (2014). How small family-owned businesses may Presas, P., Muñoz, D., & Guia, J. (2011). Branding familiness in tourism family firms.
compete with retail superstores: Tacit knowledge and perceptive concordance among Journal of Brand Management, 18(4–5), 274–284.
owner-managers and customers. Journal of Small Business and Enterprise Development, Presas, P., Guia, J., & Muñoz, D. (2014). Customer’s perception of familiness in travel
21(4), 668–689. experiences. Journal of Travel & Tourism Marketing, 31(2), 147–161.
Dutton, J. E., & Dukerich, J. M. (1991). Keeping an eye on the mirror: Image and identity Ramdharie, P., & Brinxma, D. (2012). A family business brand image: Associations affecting
in organizational adaptation. Academy of Management Journal, 34(3), 517–554. consumers’ buying behavior: A study on family business Dafgård, frozen foods. Master’s
Edelman Trust Barometer. (2017). Retrieved from: https://www.edelman.com/ Thesis. Jönköping International Business School.
trust2017/family-business-trust/. Ritz, A., & Waldner, C. (2011). Competing for future leaders: A study of attractiveness of

14
C.B. Astrachan et al. Journal of Family Business Strategy 9 (2018) 3–15

public sector organizations to potential job applicants. Review of Public Personnel Urde, M., Greyser, S. A., & Balmer, J. M. (2007). Corporate brands with a heritage.
Administration, 31(3), 291–316. Journal of Brand Management, 15(1), 4–19.
Robins, F. (1991). Marketing planning in the larger family business. Journal of Marketing Urde, M. (1999). Brand orientation: A mindset for building brands into strategic re-
Management, 7(4), 325–341. sources. Journal of Marketing Management, 15(1–3), 117–133.
Rubenstein, C. (1990). Power and priorities. Family Business Magazine, 2(2), 37. Urde, M. (2013). The corporate brand identity matrix. Journal of Brand Management,
Sageder, M., Duller, C., & Mitter, C. (2015). Reputation of family firms from a customer 20(9), 742–761.
perspective. International Journal of Business Research, 15(1), 13–24. Van Riel, C. B. (2012). The alignment factor: Leveraging the power of total stakeholder sup-
Sageder, M., Mitter, C., & Feldbauer-Durstmüller, B. (2016). Image and reputation of port. Routledge.
family firms: A systematic literature review of the state of research. Review of Verhagen, T., & van Dolen, W. (2008). Online purchase intentions: A multi-channel store
Managerial Science, 10, 1–43. image perspective. Information & Management, 46, 77–82.
Smit, W., Binz, C., & Schwass, J. (2010). Family firm status as a branding signal:Oon the Verhagen, T., Boter, J., & Adelaar, T. (2010). The effect of product type on consumer
strength and consistency of signaling family involvement in corporate branding strategies. preferences for website content elements: An empirical study. Journal of Computer
IMD working paper. Mediated Communication, 16, 139–170.
Sundaramurthy, C., & Kreiner, G. E. (2008). Governing by managing identity boundaries: Warburtons (2017). Corporate website. Retrieved from: https://www.warburtons.co.uk/.
The case of family businesses. Entrepreneurship Theory and Practice, 32(3), 415–436. Williams, R. I., Pieper, T. M., Kellermanns, F. W., & Astrachan, J. H. (2018). Family firm
Tagiuri, R., & Davis, J. (1996). Bivalent attributes of the family firm. Family Business goals and their effects on strategy, family and organization behavior: A review and
Review, 9(2), 199–208. research agenda. International Journal of Management Reviews, 20(S1), S63–S82.
Tasman-Jones, J. (2015). Brand camp: How to market a family business. Campden FB. Zavyalova, A., Pfarrer, M. D., & Reger, R. K. (2017). Celebrity and infamy? The con-
[Retrieved from:] http://www.campdenfb.com/article/brand-camp-how-market- sequences of media narratives about organizational identity. Academy of Management
family-business. Review, 42(3), 461–480.
Union Beer Distributors (2017). Pints with Sierra Nevada’s ken grossman. Retrieved from: Zellweger, T. M., Eddleston, K. A., & Kellermanns, F. W. (2010). Exploring the concept of
https://www.unionbeerdist.com/news/pints-sierra-nevadas-ken-grossman#. familiness: Introducing family firm identity. Journal of Family Business Strategy, 1(1),
WlPuc0tG10. 54–63.
Urde, M., & Greyser, S. A. (2014). The nobel prize: A ‘heritage based’ brand-oriented network. Zellweger, T., Kellermanns, F., Eddleston, K., & Memili, E. (2012). Building a family
Harvard business school working papers series, 15 15-010. image: How family firms capitalize on their family ties. Journal of Family Business
Urde, M., & Greyser, S. A. (2016). The corporate brand identity and reputation matrix – Strategy, 3(4), 239–250.
The case of the Nobel Prize. Journal of Brand Management, 23(1), 89–117.

15

You might also like