You have a short time to earn trust…

“Trust Creation is a leading, modern brand communication strategy intentionally designed to build credibility and authenticity. How Trust Creation is translated in the digital experience is one of the greatest challenges of our era.” – Emergent

According to McKinsey, during the first 90 days of the Pandemic more products were sold online than in the previous decade. In short order, consumer adoption of e-commerce and online engagement has accelerated past the tipping point and likely will never go back. Google forecasts by 2024 – just two years from now – 60% of all global spending will be digital.

Therefore, it is likely the first point of contact for any new consumer getting acquainted with your brand will be online, and it will be fast. You just never get a second chance to make a first impression.

• Thus, your digital challenge: how do you get a perfect stranger to commit to a relationship with your brand online when you know risk and loss aversion is a universal human barrier to overcome?

It goes without saying, brands that get digital romance right will succeed (yes, it is romance by the way). Those that don’t get it right will risk losing the scarcest resource of all on our planet: consumer attention.

• “The consumer experience is rapidly evolving from one built upon the transactional process of in-store shopping to one that is rooted in deep, ongoing and enriching relationships.” – Harvard Business Review.

Romance is all about values, trust, purpose, emotion and deeper meaning.

So now what?

The secret to a successful digital relationship is…?

We know consumers 100 percent of the time are focused on avoiding a bad decision and the regret that accompanies it. They are more concerned about loss and unsatisfactory outcomes than a perceived gain. What they require is trust and certainty. How will you deliver it?

The most important move you can make is to inject humanity into the online experience you create. Why? Because relating to a brand is now fundamentally the same thing as relating to a person. The future of healthy brand relationship in the digital space will be built on a foundation of admiration and trust.

Your digital experience must avoid being:

1. Overly transactional – Myopically focused on selling things at the expense of lifestyle relevance and non-product related usefulness
2. Technology focused on your ‘better mouse trap’ – Asking people to burn mental calories on complex tech messaging never works
3. Self-reverential – It’s about the consumer and not self-promotion. They should be the heroes of your narrative (Read that again.)
4. Analytical – People are feeling creatures who think and not thinking creatures who feel

Instead, lean into emotion, celebrating the consumer as hero of your storytelling. When they see themselves in your content, it’s like holding up a mirror – a reflection of themselves and their interests. Now you have their attention. When it’s all about you, the brand is competing with customers for the hero role in your narrative. Bad idea.

The humanization of digital brand experiences

When you meet someone for the first time and a connection quickly forms, what’s going on there? People see early signs of: Laser-like interest in them and their needs, similarity, common values and genuine care. People pick up quickly on these attributes and signals.

What is it about the people we are drawn to and like? For the most part it stems from like-minded souls who actively show an interest in us, who we believe authentically care about us, and who can add value to our lives. Can a brand behave this way?

• Or are brands handcuffed to the hard sell, unable to adapt and adopt more human-like behaviors such as care and empathy?

You understand now the consumer is likely to engage with your business online – a behavior that is only going to accelerate – thus leaving you with a short amount of time (the zero moment of truth) to gain their trust and belief.  We know people already seek to avoid loss and disappointment so what can you do to bypass risk and earn a relationship?

No matter the product you’re selling – be it cheese, pet food, shoes, cosmetics, software or beer – you are obligated to author conditions that will encourage personal connection and engagement. Your goal is to adopt the whole pantheon of respected, cherished human behaviors that we anticipate and expect from people we know and trust.

This is why your digital experience should be built around these Eight Characteristics of a Humanized Brand.

How will you amplify, facilitate and enable:

1. Trust – reliability
2. Integrity – honesty
3. Conversation – dialogue
4. Guidance – usefulness
5. Shared experiences – common aspirations
6. Reciprocity – unselfishness and being considerate of them
7. Empathy – focus on them
8. Shared values – ethos and moral character

Think about it –

• Do any of us enjoy encountering the one-dimensional salesperson who is “always closing” and whose motives we suspect are not operating with our best interests at heart?

• Do we gain much beyond the exchange of features and price if the only conversation we’re having online is product driven?

• When consumers are looking for coaches and guides to help them fulfill their aspirations and lifestyle needs, is your brand answering the call?

• Is your web site a fun and engaging place to visit and learn, get inspired and take away tools that help improve people’s lives?

• Is your web experience a true mirror of your best customers’ lifestyle interests and passions?

Earning trust and respect begins with making the audience’s welfare and wellbeing an unselfish priority – this is how you earn the opportunity to engage on products and services. You just don’t lead with the hard sell if you expect to gain confidence and overcome the powerful motivation to avoid risk at all times.

Your web site shouldn’t be merely a digital brochure. It can’t be just an e-commerce transaction platform. A web site that is three-miles-wide and half inch deep focused on self-promotion with just a smattering of usefulness to navigating life’s complexities here and there isn’t going to achieve digital romance.

You have an enormous opportunity to break the conventions and traditions of selling and become a coach to customers who long for advice, ideas and inspiration. It may feel counterintuitive to be focused on customers beyond your own product story, but this reorientation is necessary when you know the consumer is now in total control of the brand relationship. Brands no longer dictate terms and can’t command engagement.

Here’s the litmus test:

Does your web experience deliver:

• Emotional connection?
• Learning?
• Inspiration?
• Entertainment?
• Community and sharing?

Your brand will benefit by looking beyond self-interest to see the requirement for trust creation and to embrace the humanity it takes to get there. Knowing that digital engagement will be dominant for people, it’s time now to conduct an audit of the entire web experience to look for opportunities to refine your brand’s higher purpose, mission, content and experience – to better align with your consumers’ needs.

Want to have a deeper relationship with your customers, then imbue your online brand experience with deeper meaning. We can help you think through the challenges of relevance and resonance, humanization of your story, content and visual assets. This could be the most important conversation you have in 2022.

Use this link to say ‘hello’ and let’s get acquainted.

Looking for more food for thought? Subscribe to the Emerging Trends Report.

Your customers are not analytical decision-making machines…

When consumers approach a purchase decision, are they focused on the merits and benefits of what you’re offering? Research on human behavior confirms that other issues are dominating their judgements. Read on to find out what’s really happening.

• You might agree marketing and business strategy that is informed with a clear understanding of the human being you want to reach is going to be massively more effective than efforts that don’t take into consideration what we now know about how people make choices.

Ground-breaking behavioral research conducted over decades by renowned psychologists Amos Tversky and Danny Kahneman on their Theory of Regret, forever altered the false assumption that humans are rational and analytical – making decisions based on objective consideration of the facts.

Today we will unravel the mysteries of how people behave to provide you with clear guidance on what the customer is actually thinking and doing.

People will pay a premium to avoid – wait for it – regret

According to scientific research, consumers’ 99.99999 percent of the time are working to sidestep making bad choices. Tversky and Kahneman’s analysis of choice decisions demonstrated that people focus on minimizing risk in order to reduce the chances of any regret. Said another way, people are not seeking to maximize benefits, instead they are trying to prevent or duck an unfavorable outcome. Boom.

• Most marketing activity is based on presenting gains, wins, benefits to an audience pre-occupied with trying to determine if what’s on offer is a gamble (path to potential regret) or a sure thing.

Kahneman expressed regret theory in real-world terms this way: The nearer you get to achievement, the greater the regret people encounter if you fail to achieve it. The more control you believe you have over a gamble, the greater the regret experienced if it turns out badly.

People reflexively face regret for:

• What they have chosen
• What they wish they hadn’t chosen
• What they should have chosen

What’s truly operating on the path to a purchase decision can be observed in any hesitation or reluctance (abandoned cart) to take an action. How the consumer is looking at the options before them follows their attempt to determine –

• What is a sure thing
• What is a probable gain
• What is actually a gamble in order to secure a gain

When choosing between a sure thing and a perceived gamble, a person’s desire to elude loss exceeds the desire to secure a gain!!

Not surprising, people will pay handsomely for certainty. They will take the sure thing over the perceived dice roll every time. Thus, the power and impact of a well-defined brand with deep equity, trust and a strong value proposition.

So what exactly is this loss people seek to avoid?

A loss occurs when a person believes they’ve ended up worse off than their reference point. A reference point is a state of mind based on the status quo, or a standard defined from where they started. Please note, a gain or loss will always be connected to how a problem is presented. Changing the description of a situation can make a gain seem like a loss and vice versa.

Implications to marketing planning and strategy

A consumer world balanced on the pin of regret avoidance is a cry for certainty, surety, belief, trust and confidence.

• What risk reduction tools are you using to erase loss while canceling potential regret?

It’s important to proactively manage the conditions, language and perceptions that influence consumer belief.  You want to erase uncertainty and the possibility of a bad outcome.

Where to start?

Descriptions – Language matters, how a problem or situation is framed can help or hinder the assessment a customer is inevitably making about certainty and risk avoidance.

Social proof – Consumers find claims of performance and outcome made by companies to be less trustworthy. They will believe their peers before they will believe you. Thus, social channels that behave more like communities where sharing is encouraged, perform the valuable service of offering assurance that what is promised is indeed consistently delivered.

Familiarity – If you’re working on the next great leap in food technology beware of pushing the science wizardry too hard instead of focusing on the more familiar, comfortable and assurance-building principles of food, nutrition and culinary cred for a product consumers will put in their bodies. People are wary of anything that appears to be too far away from the familiar territory of foods they understand and believe are real, safe as well as satisfying (taste).

Transparency – The more you disclose about how you do what you do, the more comfortable people get. This feeds the certainty of knowing exactly what’s in the product you make and where ingredients came from, while also speaking to integrity and honesty – two qualities people believe are sorely lacking in business behaviors.

Third party validation – Most product categories have identifiable subject matter experts and influential voices that bring credibility and cachet to the messaging table. If you turn them into promotional shills, their value is lost. Let the expert voices make independent evaluations of what you do and how you do it. Give them room to report on their observations and let the credibility flow from a respected voice that isn’t your own.

Verifiable assurance – For a cheese client experiencing a high degree of adulteration and food fraud in their category, we created a trust mark backed by one of the most respected food labs in the nation. They were given free rein to acquire products at retail independently and submit them to a battery of tests that verified the veracity of how the products were made when compared to the Federal standard of identity. It was proof the products were genuine, authentic, real and what was represented on the label was indeed accurate and truthful. Trust marks and third-party validation can bring another level of consumer confidence to the story being told.

Now you are aware that this universal human trait of risk avoidance is a dominant consideration for people on the path to purchase. Your objective, then, is to work accordingly to secure confidence, trust and belief in a manner that reduces or eliminates any perception of risk or uncertainty that might fuel consumer regret.

• Do this, and you will answer what most often lies at the foundation of a disconnect for people who are unwilling to try your new product or store. Why? Because they see risk of a bad outcome if they don’t like it or concern it won’t deliver on their reference standard expectations.

Is it time to audit your marketing plans and messaging strategies to ensure the psychology of risk is fully addressed? If so, use this link to invite an informal conversation with a team of experts who understand the anatomy of trust creation.

Looking for more food for thought? Subscribe to the Emerging Trends Report.