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Published online by Cambridge University Press: 14 January 2025
This chapter examines the relationship between ownership and power in the context of consumer identity and brand dynamics within the cultural landscape. Ownership extends beyond the legal possession of objects to include psychological territory where brands become integral to consumers’ self-identity and self-projection. This multifaceted concept of ownership is explored through the lens of various stakeholders – consumers, employees, and corporations – each wielding influence over brand perception and value. This chapter further explores how consumers, as stakeholders, gain power by shaping brand value and meaning, emphasising the role of community and collective identity in this process. With the advent of digital platforms even lurkers contribute to the brand’s narrative, challenging traditional notions of ownership and control.
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