Table 1

Literature on blockchain and brand management

Author(s)YearPaper typologyMethodSamplePurposeBrand management subthemes
Ante et al.2024EmpiricalQuantitative approach (analysis of fan token polls)ConsumersExamining the level of fan engagement in fan token polls and the resulting (psychological) underpinnings of fan loyaltyBrand loyalty
Antoniadis et al.2019ConceptualDelineating how blockchain works, its characteristics and the possible uses and applications of blockchain in marketingBrand loyalty
Boukis2022EmpiricalQualitative approach through in-depth interviewsConsumers (i.e. crypto owners)Exploring the consumer-based brand equity in the cryptocurrency marketConsumer-based brand equity
Boukis2020ConceptualLiterature reviewDeepening how the adoption of blockchain technology affects a firm’s effort to build and enhance consumers’ relationships and experience with the brandBrand positioning brand storytelling
Customer experience brand trust
Boukis and Magrizos2018ConceptualDiscussing the challenges emerging from the application of blockchain technology for brands as well as their impact on existing brand management strategiesBrand storytelling
Chen et al.2025EmpiricalData mining approachesConsumers (NFT marketplace)Identifying and understanding customer segments, their characteristics and behavior within the luxury brand NFT marketBrand positioning
Colicev2022ConceptualDeepening how NFTs can create value for brands by (1) being standalone brand components and (2) forming and harnessing the power of NFT brand communitiesBrand identity
Customer experience
Deventer et al.2024EmpiricalMultiple case-studies (desk analysis)50 NFT initiatives launched by 42 brandsUnderstanding of the value that brands can potentially offer to customers with NFT initiativesBrand innovation
Ferreira da Silva and Moro2021ConceptualText mining literature analysisUnderstanding of blockchain from the consumer trust perspectiveConsumer trust
Erevelles et al.2020EditorialHighlighting the foundational premises to create a theoretical framework for the blockchain brandBrand trust
Hakkarainen and Colicev2023ConceptualUnderstanding how the blockchain-enabled advances (i.e., smart contracts, cryptocurrencies, play-to-earn games, NFTs) can have important implications for consumers and brandsBrand innovation
Hoang et al.2024EmpiricalQualitative approach through semistructured interviews and focus groupsManagers and customers (B2B context)Understanding the impacts of the blockchain technology adoption by retailers on customer experience. To explore the role of blockchain in the retail brand–customer relationshipBrand loyalty
Brand trust
Hofstetter et al.2024EmpiricalSecondary data and (experiments)ConsumersArguing (and finding) that social value can outweigh intrinsic value as a determinant of willingness-to-pay in the context of NFTsBrand innovation
Hofstetter et al.2022ConceptualDeepening the role of NFTs in challenging established marketing and proposing a set of preliminary NFT and crypto-marketing research questionsBrand innovation
Le2024EmpiricalMixed method:
Qualitative approach (in-depth interviews) and quantitative study (survey)
ConsumersExploring consumer expectations when scanning QR codes on product labels; assessing the impact of blockchain on brand trust in traceability labelsBrand trust
Peres et al.2023Editorial Providing a comprehensive overview of the potential impact of blockchain on several core marketing areasCustomer-based brand equity
Redler and Corvino2023Conceptual Drawing attention on the effect of digital twin approaches for brand managementDigital twin
Sung et al.2023EmpiricalQuantitative approach (survey and SEM)Consumers (actual metaverse platform users)Investigating the antecedents and consequences of consumers’ assessments of the gains and losses associated with (not) buying NFTsDigital twin
Shankar et al.2024EmpiricalMixed method:
Qualitative approach through interviews and quantitative studies involving employees in manufacturing firms
Managers and employees (B2B context)Exploring how to protect brand identity in the B2B contextBrand identity
Treiblmaier and Petrozhitskaya2023EmpiricalMixed method: analysis of Twitter tweets and a survey of consumersConsumersInvestigating how blockchain-based loyalty programs transform B2C relations through innovative customer services that bear important properties of a sharing economyBrand loyalty
Utz et al.2022EmpiricalQualitative approach (workshops and interviews with customers)ConsumersUnderstanding how blockchain can enhance institution-based trust and how a trust-based customer loyalty program can be designed with blockchain technologyBrand loyalty
Xie et al.2024EmpiricalQuantitative approach (survey)ConsumersExploring the underlying mechanisms by which branded NFTs impact branding outcomes (i.e., brand word-of-mouth intention)Brand innovation
Xie et al.2023EmpiricalQuantitative approach (survey)ConsumersExamining the perceptions of Gen Z and millennials toward branded NFTs and the impact of these perceptions on their attitudes and behaviors toward both the NFTs and the brandDigital twin

Source(s): Authors’ own work

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