Retail, cosumption, commodity chains, brands

Description

degree Economic Geography Mind Map on Retail, cosumption, commodity chains, brands, created by tiffragbourne on 19/05/2014.
tiffragbourne
Mind Map by tiffragbourne, updated more than 1 year ago
tiffragbourne
Created by tiffragbourne almost 10 years ago
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Resource summary

Retail, cosumption, commodity chains, brands
  1. Retail + Consumption
      1. GEOG of r + c
        1. 1) Retail sector + regulatory state
          1. traditional power of government = eroded
            1. GOVERMENT -> GOVERNANCE
            2. increased power of retail sectors
              1. TNCs
            3. 2) corporate cultures
              1. importance of brand/branding = image of retail outlet
                1. symbolism of retailers - ETHOS, VALUES
                  1. relations with suppliers + consumers
                2. Retail - manufacture relationship
                  1. retailers = call the shots
                    1. make decisions about what is put on shelves
                  2. LABOUR-MARKET
                    1. Fordism -> post fordism
                      1. social divisions of labour - massey
                        1. shift to -> service sector jobs
                          1. shift to -> emotional labour e.g. working on shop floor
                        2. flexible labour
                          1. part-time
                            1. feminism at work
                        3. NEW RETAIL GEOGRAPHY - Wrigley + Lowe 2010
                          1. HISTORY
                            1. up to 1970s = PRODUCER DRIVEN ECONONOMY
                              1. FORDISM
                              2. LATE 1970S -> rise of the service sector
                                1. consumer choice in developing markets
                                2. cultural geog of cosumption
                                3. RESTRUCTURING
                                  1. 1990s - Shift production -> COSUMPTION (driven economy)
                                    1. POST FORDISM
                                    2. underlying theory = MARXISM
                                      1. CAUSES
                                        1. concentration of capital = fewer players = more significant
                                          1. development of LARGE RETAIL CORPORATIONS
                                            1. TNCS/MNCs
                                            2. Elimination of INDEPENDENT RETAILERS
                                              1. LOCATIONAL MODELS
                                                1. SPATIAL = demonstrates CONSUMER PREFERENCE for particular BRANDS of goods and their LOCATIONS.
                                                  1. preference for: 1) use gained from a particular brand’s characteristics 2) geographic location
                                                    1. form an enhanced = “product characteristic space
                                                      1. E.G. 1) Consumers are now willing to sacrifice pleasure from products for a closer geographic location
                                                        1. consumers realize high costs for products that are located far from their spatial point (e.g. transportation costs, time, etc.
                                                          1. also for products that deviate from their ideal features
                                                          2. E.G. 2) consumer get more pleasure from products further geographic location
                                                            1. Firms = GREATER MARKET POWER WHEN THEY SATIFY THE COSUMERS DEMAND FOR PRODUCTS AT CLOSER DISTANCE/PREFFERED PRODUCT
                                                              1. ideals
                                                2. changing geog - LANDSCAPE -
                                                  1. moving locations
                                                    1. to suburbia and back again
                                                    2. superstores in sub - 1990 - planning presure/environmental awareness = inner cities
                                                      1. globalisation
                                                        1. store networks over seas
                                                          1. development of supply chains
                                                          2. e.g. TESCOS - international presence - succesful in east - s.e asia - failed in US - fragility
                                                          3. POWER
                                                            1. 3 perspecitves
                                                              1. cosumer soverignity
                                                                1. Rational economic agents = individual choice
                                                                  1. symbolism = jessops
                                                                  2. cosumbers as dupes
                                                                    1. forced into believing they need commodities
                                                                      1. influened by branding
                                                                    2. culturalist perspective
                                                                      1. active subjects - infomed by wider social economic structure
                                                                        1. walmart = spreading of western ideas of cosumption
                                                                      2. walmart = represent global economy = v.powerful = international = product of glob = spreading of western ideas of cosumption
                                                                      3. SPACES of cosumption
                                                                        1. mall
                                                                          1. department store
                                                                            1. mall = extension of department store
                                                                              1. economic + cultural geog
                                                                                1. EMILE LOLA 1883
                                                                                  1. au bon heur des dames = ladies paradise
                                                                                  2. retail + capital accumlation
                                                                                    1. cultures of consumption
                                                                                      1. effected by gender
                                                                                        1. corporate strategies
                                                                                          1. get rid of commodites asap = get money = buy more commodites
                                                                                      2. focus 1980/90 - sociologist 'rise of bubble world'
                                                                                        1. psudo realities - leaisure spaces attracting cosumers
                                                                                          1. heavily branded culture
                                                                                      3. alternative
                                                                                        1. car boot sales
                                                                                        2. street
                                                                                          1. themepark
                                                                                            1. e,g, HP
                                                                                              1. comsumption EXPERIENCE
                                                                                                1. mulit-sensory experience
                                                                                                  1. consuming the landscape
                                                                                                    1. pay for admission to compext
                                                                                                      1. emphasis on architecture + symbolism
                                                                                                      2. coe et al 2007
                                                                                                    2. effect of economic crisis
                                                                                                      1. cosumer spending reduced
                                                                                                        1. austerity measures
                                                                                                        2. regulatory structures
                                                                                                          1. retail structues
                                                                                                            1. online
                                                                                                              1. insitutional arrangment
                                                                                                              2. retail empyment = weak
                                                                                                                1. JESSOPS - felsted 2013 - adminsitration in jan 13 -
                                                                                                                  1. SOLITIONS 1) adapt structural arangment e.g. online 2) products must appeal to individuals 9decentralise/specialise)
                                                                                                              3. Brands + Branding
                                                                                                                1. BRAND= characteristic of a kind or variety of particular good/serivice
                                                                                                                  1. BRAND EQUITY =
                                                                                                                    1. set of assets/liabilities linked to a brand name
                                                                                                                      1. symbols that +/- the value provided by a product or service to a firm/firms customers
                                                                                                                    2. BRANDING = adding a value to goods/services BY PROVIDING MEANING
                                                                                                                      1. McCracken, 1993
                                                                                                                        1. creative side to production (Allen, 2002)
                                                                                                                          1. relies on inputs of symbols to differentiate products
                                                                                                                          2. SPATIAL CURCUIT of adding meaning + value
                                                                                                                            1. PRODUCTION (making goods) -> CIRCULATION (e.g. Advertising) -> COSUMPTION (e.g. shopping) -> REGULATION (copy right)
                                                                                                                              1. CORE STRATEGIC + COMMERCIAL COMPETENCES DRIVING 1)FIRMS 2)CLUSTERS 30REGIONS 4)NATION in contemporary economy
                                                                                                                            2. INEQUALITIES + POLITICS OF BRANDS
                                                                                                                              1. NIKE
                                                                                                                                1. outsource production of goods to the 3rd world (Marxist description) to utlise and exploit cheap resources and labour
                                                                                                                                  1. These commodities are then sold at a more profitable figure in affluent nations
                                                                                                                                    1. Little thought to the inequalities that emerge within the chain of production = CAPITALISM COLONIALISM by 1st world = helps to accumulate wealth
                                                                                                                                      1. = underpinnings of Marxism = rich get richer, poor get poorer= spatial division of labour = poor Vietnamese labourer ‘ proletariat’ + wealth American retailer ‘bourgeoise’ – spatial fix
                                                                                                                                        1. LINK TO COMMODITY CHAINS
                                                                                                                                  2. STARBUCKS
                                                                                                                                    1. spatial divisions of labour
                                                                                                                                    2. NEWCASTLE BROWN ALE
                                                                                                                                      1. Brand transformed from one part of the world to another - cultural
                                                                                                                                        1. BUT - if americans find out the ale is produced in US = effects marketing
                                                                                                                                    3. commodity chain
                                                                                                                                      1. site of production/commodity market = low differentiation - low price
                                                                                                                                        1. site of consumption/branded market - high price - high differentiation
                                                                                                                                          1. adding value
                                                                                                                                          2. CULTURAL PERSPECTIVE
                                                                                                                                            1. 1) IMAGINED GEOGRAPHIES
                                                                                                                                              1. link to retail + consumption
                                                                                                                                                1. sell commoditiess through adverts, labels, celebrities
                                                                                                                                                  1. commercially effective images of other 'places' cultures
                                                                                                                                                    1. e.g. Newcastle brown ale
                                                                                                                                                      1. demonstrates the changing forms + extents + nature of the geographical entanglement
                                                                                                                                                        1. how it creates/sustains, adds meaning/value IN/FROM SPACE + PLACE
                                                                                                                                                      2. Pervasive nature of brands - look beyond national 'place of origin' to LOCAL 'place'
                                                                                                                                                      3. PIKE, 2008
                                                                                                                                                        1. reinforces social/economic inequality through competiiton = socio-spatial realms
                                                                                                                                                        2. 2) BRAND + BRANDING FOR TERRITORIAL DEVELOPMENT
                                                                                                                                                          1. LOCAL + REGIONAL 'endogeneous assets'
                                                                                                                                                            1. anchors for economic actiivity in PLACE/local
                                                                                                                                                              1. insitutional thickenss
                                                                                                                                                                1. strong spatial associations
                                                                                                                                                                  1. LINK TO CLUSTERS
                                                                                                                                                              2. place branding
                                                                                                                                                                1. international competiion for investment, jobs, reidents, tourist
                                                                                                                                                                2. geographical attachment to = HIGH = provides a divisive trading advantage
                                                                                                                                                                  1. link to imagined geogs
                                                                                                                                                                    1. e.g. london = theatre OR Florence = LEATHER
                                                                                                                                                                      1. link to third italy
                                                                                                                                                                      2. PLACES INSITUTIONAL ACTION
                                                                                                                                                                        1. safeguards production e.g. negetive influences
                                                                                                                                                                          1. low cost ares
                                                                                                                                                                            1. e.g. regulational theory = protects geog entanglement
                                                                                                                                                                              1. link to insitutional/evolutionary approach
                                                                                                                                                                                1. e.g. Geographic identification
                                                                                                                                                                            1. establishes, reinforces + strengthens geographic entanglement of brands + branding in place for territorial development
                                                                                                                                                                              1. +VE EXAMPLE - SAFFRON IN LA MANCHA, SPAIN
                                                                                                                                                                                1. Chaning insitutional enviornment
                                                                                                                                                                                  1. Poorest region in spain
                                                                                                                                                                                    1. 2005 - regional gov -stmulated economy to act to RAISE PROFILE OF PLACE
                                                                                                                                                                                      1. quality brand of locally grown saffron as luxury + premium priced export
                                                                                                                                                                                        1. BRAND EQUITY
                                                                                                                                                                                          1. Differentiate from the low cost brand of IRAN - reduce competition
                                                                                                                                                                                            1. distintion through BRAND
                                                                                                                                                                                              1. sold in retail outlets = NY/PARIS
                                                                                                                                                                                            2. niche market = destablished exisitng market = lost cost etc
                                                                                                                                                                                              1. work/income for 1000 families
                                                                                                                                                                                              2. -VE
                                                                                                                                                                                                1. encourages over specialisation = vunerability = LOCK IN = inhiniting local eocnomic adaption + innovation
                                                                                                                                                                                                2. relinking production to social/cultural environemental aspects of PLACE
                                                                                                                                                                                        2. Commodity chains
                                                                                                                                                                                          1. CONSUMPTION = SALE, PURCHASE + USE of a COMMODITY (coe et al 2007)
                                                                                                                                                                                            1. LINKING SITE OF COSUMPTION WITH SITE OF PRODUCTION
                                                                                                                                                                                              1. 3) perspectives
                                                                                                                                                                                                1. 1) NSITUTIONAL = global networks of trade + impacts on development
                                                                                                                                                                                                  1. 2) POLITICAL ECONONOMY
                                                                                                                                                                                                    1. social divisions of labour
                                                                                                                                                                                                    2. 3) cultural - addressing the complex movement of knowledge around the commodity chain
                                                                                                                                                                                                  2. EXAMPLE = GEOBAR
                                                                                                                                                                                                    1. global and ethical commodity chains
                                                                                                                                                                                                      1. ethical consumption - NICHOLL, 2010
                                                                                                                                                                                                        1. stated purchase intention of consumer + purchae behaviour = contradictory
                                                                                                                                                                                                        2. insitutional networks
                                                                                                                                                                                                          1. global
                                                                                                                                                                                                          2. spaces of producers
                                                                                                                                                                                                            1. Ekstenskul agri cooperative- N.Cape
                                                                                                                                                                                                              1. flooding
                                                                                                                                                                                                            2. sites of retail - alternative vs mainstream
                                                                                                                                                                                                            3. SUPPLY CHAIN/ politics of cosumption
                                                                                                                                                                                                              1. 'FOLLOW THE THING'
                                                                                                                                                                                                                1. N.london flat -> UK supermarket -> Jamaican farm
                                                                                                                                                                                                                  1. Unknowingly connected to each other through intrenational trade of papaya
                                                                                                                                                                                                                2. COOK, 2004
                                                                                                                                                                                                                  1. wanted to stimulate debate, fit into radical teaching agenda
                                                                                                                                                                                                                  2. interconnections of political, economic, social, cultural and agriculture
                                                                                                                                                                                                                    1. linked to HARVEY 1993
                                                                                                                                                                                                                      1. need tp get behind the viel of = COMMODITY FETISISM of the market
                                                                                                                                                                                                                        1. look for disturbing onncetions between western cosumers + distant (invisible) strangers
                                                                                                                                                                                                                          1. moral + ethical questions for exploitees = who cannot see the finger tips of exploition
                                                                                                                                                                                                                          2. defetisise commodities
                                                                                                                                                                                                                            1. connect cosumers + produers
                                                                                                                                                                                                                            2. marxist scholar = exploitation at the site of produciont
                                                                                                                                                                                                                          3. WATTS in cloke et al, 2005
                                                                                                                                                                                                                            1. chickens = represents the bundle of social relations
                                                                                                                                                                                                                              1. = HISTORY OF US POST WAR CAPITALISM
                                                                                                                                                                                                                                1. commodity of capitalism
                                                                                                                                                                                                                                  1. commodity producing commodities
                                                                                                                                                                                                                                2. explained through marixist theory
                                                                                                                                                                                                                                  1. marx = commodity = economic cell form of capital - in society commodity is the general form of wealth = people do not cosume what they produce - sell for money (exchange) = aquire other commodity
                                                                                                                                                                                                                                    1. = COMMODITY CIRCULATION
                                                                                                                                                                                                                                      1. 2 POWERS of COMMODITIES
                                                                                                                                                                                                                                        1. 1) USE VALUE
                                                                                                                                                                                                                                          1. satiify human want
                                                                                                                                                                                                                                            1. natural form of the commodity
                                                                                                                                                                                                                                              1. incommensuability of commodities
                                                                                                                                                                                                                                                1. qualitiative
                                                                                                                                                                                                                                              2. 2) EXCHANGE VALUE ' social form'
                                                                                                                                                                                                                                                1. ability to command other commodities in exchange
                                                                                                                                                                                                                                                  1. commensuability of commodity
                                                                                                                                                                                                                                                    1. quantitative
                                                                                                                                                                                                                                                      1. exchange 20000 chickens for car
                                                                                                                                                                                                                                                        1. UNNIVERSAL EQUALIVALENT = MONEY
                                                                                                                                                                                                                                                          1. link to money + finance
                                                                                                                                                                                                                                                2. CULTURAL = change in taste + health reason = shift from red meat -> chicken
                                                                                                                                                                                                                                                  1. now - low cost
                                                                                                                                                                                                                                                    1. us - breast meal
                                                                                                                                                                                                                                                      1. ASIA- leg, feet, wings
                                                                                                                                                                                                                                                      2. hidden exploitation - insitutional arrnagment?
                                                                                                                                                                                                                                                        1. grown under contracts of TNCS
                                                                                                                                                                                                                                                          1. growers - no bargaining power - borrow heavilly to build infrasture to meet contractual requirements
                                                                                                                                                                                                                                                            1. propertied labourers
                                                                                                                                                                                                                                                              1. lots of immigrant workers - vietmanese
                                                                                                                                                                                                                                                              2. e.g. TYSON FOODS (US)
                                                                                                                                                                                                                                                                1. 'controlling the centre of the plate for the American people'
                                                                                                                                                                                                                                                        2. Money + Finance
                                                                                                                                                                                                                                                          1. 3 FUNCTIONS OF MONEY
                                                                                                                                                                                                                                                            1. 1) Medium of EXCHANGE + circulation
                                                                                                                                                                                                                                                              1. COMMODITY CIRCULATION
                                                                                                                                                                                                                                                                1. lINK TO COMMODITY CHAINS
                                                                                                                                                                                                                                                              2. 2) store of VALUE
                                                                                                                                                                                                                                                                1. commodity circulation
                                                                                                                                                                                                                                                                  1. use money to buy another good
                                                                                                                                                                                                                                                                    1. DICKEN 2003 - Commodity capital -> production capital -> commodity capital -> monetary capital
                                                                                                                                                                                                                                                                    2. seperation of the sale + the purchase of commodities
                                                                                                                                                                                                                                                                    3. 2 contraditions
                                                                                                                                                                                                                                                                      1. 1) CONSERVATISM = Quality of money is crucial
                                                                                                                                                                                                                                                                        1. want - 1)stable SO 2)maintains value 3) puchasing power between different times + spaces
                                                                                                                                                                                                                                                                        2. 2) CIRCULATION = Quantity of money is crucial
                                                                                                                                                                                                                                                                          1. 1) extneded as credit 2)freely avaliable, 3) risk takers
                                                                                                                                                                                                                                                                          2. root of CRISIS
                                                                                                                                                                                                                                                                        3. 3) UNIT OF ACCOUNT
                                                                                                                                                                                                                                                                        4. money + finance role in the economy + societ
                                                                                                                                                                                                                                                                          1. GEOG of MONEY
                                                                                                                                                                                                                                                                            1. End of geog?
                                                                                                                                                                                                                                                                              1. O'Brien 1982 - indifference to space - deregulation of finacial systems + markets (neo)
                                                                                                                                                                                                                                                                                1. rise of TNC overseas
                                                                                                                                                                                                                                                                                  1. time-space compression
                                                                                                                                                                                                                                                                                    1. tradable finacial products
                                                                                                                                                                                                                                                                                  2. GEOG OF GLOBAL FINANCE
                                                                                                                                                                                                                                                                                    1. Global finacial centres are not the same
                                                                                                                                                                                                                                                                                      1. reflection of power/domination
                                                                                                                                                                                                                                                                                        1. currencies - some have greater spatial reach e.g. yen, dollar, euro
                                                                                                                                                                                                                                                                                          1. monetary networks that overlap = not just one
                                                                                                                                                                                                                                                                                      2. FINACIAL CRISIS
                                                                                                                                                                                                                                                                                        1. FINACIAL NETWORKS
                                                                                                                                                                                                                                                                                          1. Produce inclusion/exclusion
                                                                                                                                                                                                                                                                                            1. SECURITIZATION = mortages/loans accumlate - sell loan - to other insitition = get profit from accumulation but also RISK e.g. if cant pay mortgage
                                                                                                                                                                                                                                                                                              1. SUB-PRIME LENDING = (prime = good) sub prime = no job/credit history - previously wouldnt get loan/mortaage
                                                                                                                                                                                                                                                                                                1. INCLUSION + EXPLOITATION
                                                                                                                                                                                                                                                                                              2. NOT NEW - but new model - originate + distribute
                                                                                                                                                                                                                                                                                                1. difference space/scales 'fixes'
                                                                                                                                                                                                                                                                                                  1. distributed
                                                                                                                                                                                                                                                                                                  2. emanates from the most poweful networks of g.f.s
                                                                                                                                                                                                                                                                                                    1. marx/harvey 1993
                                                                                                                                                                                                                                                                                                  3. HISTORY
                                                                                                                                                                                                                                                                                                    1. origin US -
                                                                                                                                                                                                                                                                                                      1. house prices rising -
                                                                                                                                                                                                                                                                                                        1. competition between investment banks
                                                                                                                                                                                                                                                                                                          1. sub-prime mortages
                                                                                                                                                                                                                                                                                                            1. caused
                                                                                                                                                                                                                                                                                                              1. CRISIS OF DEFAULT
                                                                                                                                                                                                                                                                                                                1. people couldnt afford to pay mortgage
                                                                                                                                                                                                                                                                                                                2. CRISIS OF LIQUIDITY
                                                                                                                                                                                                                                                                                                                  1. 1) no insititutions will buy book debt
                                                                                                                                                                                                                                                                                                                    1. 2) insititutions e.g. banks with the funds to lend money
                                                                                                                                                                                                                                                                                                                      1. stop lending becuase if they require future finacial help no one will be able to help
                                                                                                                                                                                                                                                                                                                        1. only lend to relaibke cases e.g. no entrepeneurs - do not support buisness interests
                                                                                                                                                                                                                                                                                                                        2. industry grinds to a halt = MARKET STAGNATES
                                                                                                                                                                                                                                                                                                                        3. COLLAPSE IN TRUST/COFIDENCE IN FINACIAL INSITITUION
                                                                                                                                                                                                                                                                                                                          1. NORTHERN ROCK
                                                                                                                                                                                                                                                                                                                            1. LENDING 125% - when bought house could furnish instead of putting money on multiple credit cards with high interest rates
                                                                                                                                                                                                                                                                                                                              1. thought property prices would rise - but fell - meant the money they had lent was more than the price of the asset
                                                                                                                                                                                                                                                                                                                                1. so a lack of liquidity
                                                                                                                                                                                                                                                                                                                                  1. default of own positiion
                                                                                                                                                                                                                                                                                                                                    1. bank of england - gave debt rating
                                                                                                                                                                                                                                                                                                                                      1. investors wanted to secure their money
                                                                                                                                                                                                                                                                                                                                        1. 'compound it'
                                                                                                                                                                                                                                                                                                                                          1. moved from insitution to gov gaurenteed anyone 50000
                                                                                                                                                                                                                                                                                                                                            1. in order to maintain confidence in UK banking system
                                                                                                                                                                                                                                                                                                                            2. banks secruitised debt
                                                                                                                                                                                                                                                                                                                              1. instiutions unclear of what real value of what they hold
                                                                                                                                                                                                                                                                                                                              2. inclusive - previously wouldnt be able to get loan/mortage
                                                                                                                                                                                                                                                                                                                                1. EXCLUSION
                                                                                                                                                                                                                                                                                                                                  1. targetted = low income areas
                                                                                                                                                                                                                                                                                                                                    1. geog of repossesion = correlated with ethnic groups
                                                                                                                                                                                                                                                                                                                                      1. Afro-Americans - 2x as likely than white
                                                                                                                                                                                                                                                                                                                                      2. high front loaded fees, high penelties, teaser rates
                                                                                                                                                                                                                                                                                                                                        1. predatory lending
                                                                                                                                                                                                                                                                                                                                          1. many small liquid loans = large liquid asset
                                                                                                                                                                                                                                                                                                                                          2. Cleveland, US
                                                                                                                                                                                                                                                                                                                                            1. homelessness, bankruptcy, illness
                                                                                                                                                                                                                                                                                                                                              1. law suits against 20+ us sub-prime lenders under nauissance law
                                                                                                                                                                                                                                                                                                                                                1. price of finacial crisis - effected people that did not cause it
                                                                                                                                                                                                                                                                                                                                                  1. gendered crisis
                                                                                                                                                                                                                                                                                                                                                    1. sutherland, 2009
                                                                                                                                                                                                                                                                                                                                                    2. solution - alternative finacial space = islamic
                                                                                                                                                                                                                                                                                                                                                      1. G20 - REGULATE
                                                                                                                                                                                                                                                                                                                                          3. old model = relationship banking
                                                                                                                                                                                                                                                                                                                                        2. UNDERLYING THEORY = MARXISM
                                                                                                                                                                                                                                                                                                                                          1. spatial circuits of adding meaning + value = PRODUCTION (making goods) -> CIRCULATION (e.g. Advertising) -> COSUMPTION (e.g. shopping) -> REGULATION (copy right)
                                                                                                                                                                                                                                                                                                                                            1. CORE STRATEGIC + COMMERCIAL COMPETENCES DRIVING 1)FIRMS 2)CLUSTERS 30REGIONS 4)NATION in contemporary economy
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