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

Aikaterini Manthiou (Department of Marketing, NEOMA Business School, Mont-Saint-Aignan, France)
Seonjeong (Ally) Lee (Department of Hospitality and Tourism Management, University of Massachusetts, Amherst, Massachusetts, USA)
Liang (Rebecca) Tang (Department of Apparel, Events, and Hospitality Management, Iowa State University, Ames, Iowa, USA)
Lanlung Chiang (College of Management, Yuan Ze University, ChungLi, Taiwan)

Journal of Services Marketing

ISSN: 0887-6045

Publication date: 4 February 2014

Abstract

Purpose

A desirable experiential environment is an essential source of competitive advantage in the festival industry. Understanding festival attendees' experience is imperative for festival organizers because attendees' experience is a predictor of their future behavior. With the experience economy concept of Pine and Gilmore (1998), the study identified four underlying dimensions of festival attendees' experience (education, entertainment, esthetics, and escapism) and examined the impacts of these experience dimensions on festival attendees' vividity of memory and loyalty.

Design/methodology/approach

Data were collected from online surveys completed by 338 attendees of VEISHEA festival. This study employed confirmatory factor analysis, regression analysis, and structural equation modeling to achieve its goals.

Findings

Experience has a positive effect on vivid memory, which consequently influences loyalty. Each dimension of experience economy significantly influences vividity of memory. However loyalty is affected only by the entertainment and esthetics dimensions.

Practical implications

Festival marketers are advised to design activities that provide memorable experiential products and services for attendees based on the four dimensions of the experience economy.

Originality/value

The study is a pioneer in the evaluation of vividity of memory to the festival context.

Keywords

Acknowledgements

Received 25 June 2012 Revised 29 October 2012 Accepted 18 December 2012

Citation

Manthiou, A., (Ally) Lee, S., (Rebecca) Tang, L. and Chiang, L. (2014), "The experience economy approach to festival marketing: vivid memory and attendee loyalty", Journal of Services Marketing, Vol. 28 No. 1, pp. 22-35. https://doi.org/10.1108/JSM-06-2012-0105

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Publisher

:

Emerald Group Publishing Limited

Copyright © 2014, Emerald Group Publishing Limited

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