Definition
The myths, legends, and deeply held beliefs that guide consumer behavior and brand perception. Folklore is why people think Apple products are inherently better or why certain brands are 'trustworthy'—it's the accumulated storytelling that becomes brand truth, regardless of actual product performance.
Example Usage
The folklore around luxury brands suggests they're better quality, even when blind taste tests suggest otherwise.
Source: Common industry terminology
Related Terms
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See “folklore” in Corporate Speak, Gen-Z Slang, Pirate Speak, and more.
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