of Skims and Swarovski, the brand adopts a limited
release strategy. In a research article, the Buying
Frenzy Theory in Scarcity Effect is mentioned. When
the supply of goods is limited, consumers will feel a
stronger sense of urgency in demand, thus promoting
the purchase behavior (Balachander et al., 2009). The
brand first inspires the emotional resonance of
consumers, and then increases the appeal of the
product by creating scarcity, thus strengthening the
desire of consumers to buy. The two marketing
strategies complement each other and cooperate
perfectly, so that the co-branding has produced good
benefits.
But although high-profile co-branding can trigger
strong market attention and sales spikes, this heat is
short-lived. Consumers tend to feel tired after chasing
one or two high-profile co-brands (Radighieri et al.,
2014), so they turn to other brands with fresh taste.
Therefore, in order to keep the customers, Skims
needs to constantly introduce unique, new collections
to maintain market demand and brand image.
Moreover, this co-branding is sold in the form of high
exposure and limited quantity, which is easy to lead
consumers to over-consumption. When the popularity
of co-branded clothes decreases, most of the co-
branded clothes will be idle, resulting in a waste of
resources and environment (Coles, 2016). To
improve this, brands can develop co-branded classic
models, no longer limit the cooperation with
Swarovski to short-term limited editions, and extend
the 'fashion life' of products, so that consumers have
enough time to make purchase decisions and avoid
unnecessary consumption impulses.
The brand has the ability to cooperate with more
luxury brands to expand its products from functional
products to luxury fashion. In order to analyze this
activity in more detail, the theory of emotional
narrative can be used to reveal how a brand attracts
consumers by telling stories that resonate with
consumers’ emotions. Additionally, Perceived Value
theory can also be applied to analyze how a product
brings functional, social, and emotional value to
consumers.
4 SKIMS-NBA
The National Basketball Association announced a
partnership with Skims, designating the brand as the
official lingerie partner of the league’s Women's
National Basketball Association and USA Basketball
(Anon, 2023). Skims was originally a women's
clothing brand, and the cooperation with NBA can
convey that NBA is not only a male field, more and
more women will also participate in it, which can
promote gender equality to a certain extent. Besides,
brands have always focused on inclusion and
diversity, and the NBA, as a globally renowned sports
league, represents the diversity of competitive spirit
and global culture. This joint name can bring together
the core values of the two brands, so that consumers
feel that the brand is inclusive of gender, age, body
type and other diversity. Not only that, the brand also
promotes the combination of fashion and sports
culture, and raises society's attention to healthy
lifestyles. On the negative side of brand campaigns,
whether brands actually promote gender equality may
have an impact in light of founder Kim Kardashian's
online comments that overemphasize the
continuation of paternal surnames (Anon, 2023).
Consumers will suspect that brands are catering to the
male market at the expense of their focus on women.
What's more, there may be a certain gap between the
spirit expressed by NBA and the brand value of
Skims, and the excessive extension of the brand may
make consumers confused about the original brand
characteristics of Skims, thus reducing the brand
appeal.
Social Identity Theory, proposed by social
psychologists Henri Tajfel and John Turner, is used
to explain how individuals construct self-concept and
self-identity by belonging to groups (such as culture,
ethnicity, occupation, etc.) (leaper, 2011). According
to the theory, a person’s self-concept consists of two
parts: personal identity and social identity (Ashforth
and Mael, 1989). Ashforth and Mael mentioned in
their article that people will classify themselves and
others into different groups, and then strengthen their
sense of identity through the association with the
group, forming a sense of belonging to the ingroup
(Ashforth and Mael, 1989). The reason why this
theory is used is that Skims associates itself with
social groups such as athletes and fitness enthusiasts
through co-branding with NBA, and shortens the
distance with consumers through group
identification. Brand Extension Theory is a concept
in marketing, which is used to explain how
enterprises can use the existing brand awareness and
reputation to launch new products or enter new fields.
This reduces the cost of promotion and increases the
chances of success (Claire Deng and Messinger,
2021). With this strategy, Skims reduces the difficulty
of entering new areas and expands the application
scenarios of the brand.
In their article, Stets and Burke mention that
Social Identity Theory suggests that people assign
themselves to a group and reinforce their connection
to it (Stets and Burke, 2000). The positive, stylish and
healthy outlook on life conveyed by the association
with the NBA will attract people who share the same
outlook. The brand conveys a message to consumers:
buying Skims is not only about buying a product, but