Posts tagged "consumer insight"

The return of brand investment

After a Decade of Decline, Brand Investment is Back

September 18th, 2021 Posted by Agency Services, Brand Design, brand marketing, brand messaging, brand strategy, Brand trust, Consumer insight, Differentiation, Emotional relevance, engagement, Marketing Strategy, storytelling, Strategic Planning 0 comments on “After a Decade of Decline, Brand Investment is Back”

Consumers are human beings, not data points

As part of our ongoing series devoted to strategic planning guidance, we bring a mission critical recommendation on where to place your planning emphasis for 2022:

Brand building has returned to the fulcrum of marketing and business strategy leadership. After a decade of holding all the cards as a budget and plan priority, digital performance marketing has lost a bit of its luster. Customer acquisition costs are on the rise. There’s also a companion decline in the supply of digital ad inventory.

The creative deployment of your brand as ultimate differentiator and emotional connector should return to the strategic planning front burner.

Rethinking the path to business growth

  • Brand building: securing your position, uniqueness, values, mission and emotional equity.
  • Performance spending: driving the conversion funnel and revenue metrics.

These two approaches are not necessarily fighting one another. Both can enhance the outcomes of the other. Consumers, however, are the deciders. Their behaviors inevitably tipped the scale in favor of enhanced brand building. Now over-saturated and swimming in an ocean of digital content, people have evolved looking for deeper meaning and values in the brand relationships they care about. Digital native brands like Allbirds and Warby Parker saw this coming and pivoted to focus on brick-and-mortar retail so they can create richer in-person experiences with their brands.

Brands have always been valuable – but in recent years lost their priority in the marketing plan to the ease and electronic allure of digital data ROI claims. The untold part of this story: tech platforms usurped the essential role of brand building investment, ushering in another consequence: the splintering of agency partner resources. A thousand platform specializations emerged as companies looked for the next shiny new tech Saas solution that promised glorious, algorithm and data-driven performance.

Thus, marketers also found themselves managing a disparate cadre of specialists du jour – a digital ad firm, digital media vendor, a social media agency, a PR agency, an influencer agency, a brand collaboration firm, et al. What’s the net result of all these different tactical players and layers? A soup of varying voices and fragmented messaging that increasingly sounds like a confederation of a thing, and a thing, and a thing – opposed to a unified, consistent and differentiated brand.

Time to think differently!

The transition to brand investment is being helped along by Apple’s no tracking opt-out privacy move and Google’s coming shutdown of cookies that suspends individual tracking in favor of a cohort-based system (shared tastes).

These modifications to digital stalking of user behavior are ultimately a good thing for the health and growth of your business, and here’s why: it’s time to reinvest in your brand, the single most important ownable and differentiating asset you have in an otherwise vast sea of equivalency and similarity.

  • Marketers are learning the absence of real strategic investment in developing brand distinction and deeper experience is now holding them back from optimal growth results and competitive advantage.

Why?

Brands are uniqueness generators, deeper meaning vessels and trust-creating reservoirs of mission and values. You are operating in a consumer world increasingly drawn to aligned, kindred and symbol-inspired relationships – more so than transactional, follow-me-around-the-web ‘buy me now’ offers.

What dampened the primacy of brand building in the first place?

A digitally-enabled explosion of performance marketing tools pushed communications and content to a tactical model founded on conversions and revenue metrics. See you later, brand building. Hello targeting, tracking and clicks.

The great promise of infinite ROI on digital ad spending with Facebook and Google spawned a proliferation of specialist ad tech firms all looking for their piece of the eyeball pie – retargeting, digital media buying, affiliate programs –all while brand support took a raincheck.

Furthermore, the marketplace bar for entry of new brands became so incredibly low, it fomented a tsunami of digital ad content that is piling up in consumer feeds – all clamoring for a sliver of limited time and attention. Very noisy. Transactional. Less engaging and lacking lifestyle relevance.

Guidance for your brand strategy planning effort

As a general rule radical differentiation, higher purpose and emotional connection are the three legs on which to center your strategic plan.

  • Differentiation is essential to separation and standing out – consumers will notice you
  • Higher purpose imbues your brand with deeper meaning and values – how they trust you
  • Emotion is at the center of what drives consumers to act, make decisions – humans are feeling creatures who think

The goal of your planning is to optimize strategy for greatest impact. To enhance equity and the values your brand exudes. To create attraction, allure and stickiness. To win hearts because it’s always heart-over-head.

Here are four areas of focus that will help you win with a stronger brand:

  1. Aligned values

Insight research continues to reinforce that consumers’ care deeply about shared values and mission. They want to know what you believe in, what you stand for, that you have a soul which transcends commerce. They “wear” your brand as a symbol and flag to the world around them about what they value. What meaning are you giving them, and is it aligned with their beliefs

2. Experience satisfaction

Are they happy with the product-use experience, with the purchase journey, are you easy to do business with, do you put them first in ways that are both unselfish and also obvious to them? Do they learn from you? Is your brand a guide, coach and enabler of activities, experiences that matter to them? You are providing more than a product.

3. Memorable messaging

How do you stand out and engage people? The consumer is the hero of your brand story – it should be about their needs, wants and aspirations. Your brand’s role in the relationship is as guide and advisor to help them achieve their goals and ambitions. Neuroscience tells us that 98% of actions taken by consumers comes from an emotional response, not an analytical one. Is your communication informed by emotional messaging.

4. Your brand’s share of culture

What is the social conversation about your brand? What people are seeing and hearing about your brand in the micro-communities of influence that they belong to? It is critical to the ecosytem “buzz” they encounter. People respect the voices of their peers and credible experts. For the very reason that nearly 100% of the time the primary motivation in deciding what to buy is their fear of making a bad decision. You need to build a sphere of trust.

If these ideas and concepts resonate with you, now is a good time to bring some fresh thinking and perspective to investing in your brand. Use this link to tell us what concerns you have, what keeps you up at night. We can help you map the right path to brand growth, which is linked directly to your business outcomes.

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

Bob Wheatley is the CEO of Chicago-based Emergent, The Healthy Living Agency. Traditional brand marketing often sidesteps more human qualities that can help consumers form an emotional bond. Yet brands yearn for authentic engagement, trust and a lasting relationship with their customers. Emergent helps brands erase ineffective self-promotion and replace it with clarity, honesty and deeper meaning in their customer relationships and communication. For more information, contact [email protected] and follow on Twitter @BobWheatley.

Planning for consumer behavior relevance

8 Vital Steps to Successful Marketing Planning

September 13th, 2021 Posted by brand marketing, brand strategy, Brand trust, consumer behavior, Consumer insight, Content Marketing, Differentiation, Digital marketing, Emotional relevance, Higher Purpose, Influencers, Marketing Strategy, storytelling, Strategic Planning 0 comments on “8 Vital Steps to Successful Marketing Planning”

How to amplify your 2022 marketing outcomes…

We’re in the thick of strategic planning season as food, beverage and lifestyle brands and retailers finalize their go-to-market strategies for the year ahead.

  • How do you ensure your plans will deliver the most benefit for every precious dollar invested?
  • What are the optimal elements in a marketing plan that will secure consumer and trade partner engagement?
  • What are the must-have components to deliver on your business objectives?

Here we examine the eight key elements of a marketing plan that removes risk and installs trust – a must-have on the road to business success no matter what stakeholder audience you are working to influence.

  1. Business objectives assessed alongside barriers to growth

Far too many marketing plans begin with declarations of business targets served up in a manner that implies it’s simply a matter of turning on the advertising faucet to deliver on the intended outcomes. A richer and more productive internal discussion will occur if the objectives are included alongside an honest, real-world assessment of the barriers that exist to delivering them.

Mind you, there are always barriers. No one goes to market in a vacuum free of systemic challenges and threats to success. It is in this act of realism and reflection that the executive team has a useful discussion on what must be overcome in order to win in the year ahead. This works to remove what we characterize as “hope-ium” from the plan discussion and gets everyone focused on contributing to ways of mitigating or navigating around the threats.

2. Competitive analysis with a unique purpose

Intentional or not, in many categories there is a fair amount of sameness that exists among brands matching competitor moves with comparable programs, product offerings and messages. If a brand is set up from the start for radical differentiation, then the chances of stepping into the similarity trap can be averted. Resemblance is an ongoing challenge in marketing. When communications is close enough that brands could literally interchange competitor names and the key message still works, you know a problem exists.

Instead, competitive analysis should be focused on looking for unmet needs and whitespace opportunities to zig when everyone else in the segment zags. Your goal is to be different. (No, really, really different.) And in doing so, stand out in a sea of category sameness.

3. Importance of consumer anthropology

Perhaps the most important element of all in marketing planning is the right kind of research to help inform strategy. This isn’t about data crunching around demographics of shopper populations. Relevance and resonance are everything to dialing in your communications plan for optimum impact. This simply can’t be done without the kind of insight research that truly peels the onion on your best users’ lifestyle concerns, passions, interests and desires. Users are humans not data points. You will get further by imbuing your brand with deeper meaning that reflects the values and beliefs of your heaviest users. To know them, literally, is to love them.

These cohorts are often the most important to your profit plan as they usually represent those who bring the highest volume and repeat purchase behaviors. The role of your brand is as coach, guide, educator and enabler on their lifestyle journey. You can’t do that without gaining insight into how they think, behave and what they care about. This is different than pushing analytical, fact-based messaging at them on formulation or technology specs. It’s always heart-over-head. All humans are emotional creatures who think and not the other way around.

4. The ‘culture shift’ imperative

Trends are far more important than ever before to influencing consumer preferences. Media influences the crowd and where the crowd of like-minded users goes will simply attract more and more ‘followers’ (this means the social conversation that’s going on matters to your strategic game plan). Right now, sustainability could not be more important as a culture change signal.

A large swath of the consuming public is enamored with sustainability behaviors, policies and standards created by brands to help mitigate their impact on carbon contributions and the environment. It is imperative that food brands with a heavy investment in meat ingredients take this into consideration. Just be careful not to invoke sustainability as a priority ahead of having the right science-based assessments of your carbon footprint. You want to avoid falling into the greenwashing trap. Sustainability is now associated with climate impacts.

5. Brand higher purpose discovery and refinement

Purpose-built branding is not a nice to have any longer. It is a vital construct that sits underneath your organization as a true north of why the company exists. Important to note, purpose is always built around a real human-relevant insight and not a corporate axiom like increasing shareholder returns. It has nothing to do with philanthropy and cause marketing. It has everything to do with a purpose that transcends the product offering and is married to how you improve your customers’ lives and the world around you.

More often than not, we find this key strategy that informs everything the company and brand stands for is under-nourished or treated as a cause-related project. The key questions to address:

  • Why are you in business (this isn’t just about business growth)?
  • How do you deliver on your why?
  • What business are you really in based on your why?

A Higher Purpose platform should be embedded in everything you do across the organization.

6. Evaluating spheres of influence

The internet has fractured the consumer world into micro-communities of shared interests and passions. It is in these communities where people filter, find and decide what to buy. There are influencers within these communities who are important to discovery and trial, to establishing the definitions of what is better and why.

The marketing plan should include an evaluation of these micro-communities and the leading voices within them. Here your brand should engage as a contributor to the conversation. Relationships should be built with the leading voices, not to co-opt them but gain their trust.

7. Assessment of outside third-party expert voices and contributors

Trust is harder than ever to achieve. 99.9999 percent of the time consumers are operating with one goal in mind – to avoid making a bad decision. Brands should engage the voices of outside experts and credible authorities to verify and validate what you want consumers to believe about your brand, business and Higher Purpose. These voices can add a layer of credibility to your content marketing plans and pull in a note of clout to key messages you wish to convey.

How these relationships are created and deployed is key. Be careful not to position these voices as brand promoters who come across like paid shills. They are there to validate, to deliver authentic “reports” on what you are doing. Trusted voices are essential to building belief, and trust is fundamental to your success.

8. A word about KPI’s

These days it’s standard fare to embed your evaluations with digital data given its availability across all of the social and content platforms where you deploy communications. Levels of perceived engagement are relatively easy to come by based on online behaviors. People, however, can also be fickle and unpredictable.

Creating a baseline of consumer insight research is invaluable not only to better understand what makes your users tick, but also to go back in later and assess changes in attitudes and behaviors over time.

These evaluations carry more horsepower because they dig into shifts in priorities, interests and activity on the path to purchase and whether or not your key messaging is getting traction.

All of this great work feeds creativity and informs strategy. It can lead your business to leaps in share. New users will enter the fold because your brand truly stands out for all the right reasons in a category where many players tend to blend together.

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

Bob Wheatley is the CEO of Chicago-based Emergent, The Healthy Living Agency. Traditional brand marketing often sidesteps more human qualities that can help consumers form an emotional bond. Yet brands yearn for authentic engagement, trust and a lasting relationship with their customers. Emergent helps brands erase ineffective self-promotion and replace it with clarity, honesty and deeper meaning in their customer relationships and communication. For more information, contact [email protected] and follow on Twitter @BobWheatley.

Niche community marketing

The Niche-ification of Brand and Retail Marketing is Here

August 31st, 2021 Posted by brand advocacy, Brand Design, brand marketing, brand messaging, Brand preference, brand strategy, Category Design, CMO, consumer behavior, Consumer insight, Customer Journey Map, Differentiation, Emotional relevance, Food Trend, Higher Purpose, Insight, Social proof, storytelling, Strategic Planning 0 comments on “The Niche-ification of Brand and Retail Marketing is Here”

Internet enables strategic shift to networks of influence

Forever and a day, brand and retail marketing centered on identifying key user targets, parsing user cohorts and unearthing insights to define their respective habits, preferences, passions, interests and behaviors. The goal – to refine brand relevance; make media decisions based on their demographics and psychographics; and craft creative messaging to reach these individuals.

But the world has changed (again) and now the path to consumer engagement must be calculated in the context of how and where people participate in communities that help them filter, read, decide and buy.

More than at any other time in modern marketing, products are more susceptible to trends than individual preferences. What do we now know? People are social creatures. The digital world we all live in enables and caters to their collective passions whether that be health and wellness, cooking creativity, love of wine and spirits, fashionable-ness or nurturing a pet-oriented lifestyle.

Communities form and prosper around shared interests.

The wisdom of a curated community

Neuroscience now helps us understand that behaviors are impacted by trends and popularity in user communities. People see community recognition and acceptance as validation that a product or a TV show must be good because ‘everybody’ is using or watching it. Call it fear of missing out or confidence in community consensus.

  • Old way of thinking: to scale your business go wide, cast a broad net and employ mass media as much as possible.
  • New way of thinking: look for networks of influence and go narrow to micro-communities that cater to niche tastes and shared values.

The Internet has operated as an endless digital enabler of nichemanship. Yet many brands remain wed to strategies focused on individuals and amassing eyeballs more so than immersion into the smaller communities where people participate and ‘belong.’

Questions you should be asking

In which communities do your users belong and participate?

Who are the sources of influence and prominent voices in that network?

What trends and interests are actively supported in the community?

How can you best enable users to contribute to the community?

It’s important to take note of shared tastes and values in these settings and to employ that insight in your messaging and outreach strategies.

What are your customers’ embedded interests? What issues, activities, hobbies do they care about and invest their time? If users have a specific interest area that lights their fire, chances are they belong to a community that focuses on it. People participate in influence networks that inform and feed their passions.

Look for the ‘religion’

Some might agree love of whiskey is a religion. There are beliefs and values associated with distilling traditions, still design, ingredients, casks and aging. There’s unique nomenclature and perceptions of what constitutes a good, better or best product. There are lifestyle associations, groups, communities, events and narrowcast media. There are also expert voices and sources of influence on what matters and new developments in product innovation.

For a brand there is more to be gained by studying the networks of influence than blind devotion to detailed persona descriptions of individual whiskey heavy users. Trends can drive leaps in market share, so it’s important to operate as a disciple in the community, embrace the religion of shared beliefs and identify the influence networks within them.

This concept of category religion can be applied in any number of high-engagement businesses where a fan base of ambassadors and evangelists reside.

The role of experts in outreach

Building credibility and trust are paramount these days. Deployment of subject matter experts, be they credentialed or citizen, matters greatly in verifying trends and authenticating community beliefs. When the brand sees its role as enabler, coach and guide to its users rather than product seller, deploying expert engagement in social channels can feed participation, conversation and sharing.

The foundation: your brand Higher Purpose

It is easier to anchor marketing in communities of shared values and beliefs when the brand ‘soul’ is well developed around a purpose that transcends commerce and self-promotion. If you want people to join your community as believers, then you have to give them something in which to believe.

Sadly more often than not, the brand’s ability to position itself in influence networks and community is diluted by operating in the ’three miles wide and a half inch deep‘ mode of transactional behavior. Purpose imbues your brand with a more meaningful voice and greater resonance because the community sees you are wearing your values like a well-tailored suit. 

Hard work ahead

Identifying and understanding networks of influence requires more study and asking different questions during insight research.  Conversation within these communities based on trends and values will help build brand relevance and value among those who care the most. Those are your best customers who over time will deliver greater volume and profit than the less loyal, less engaged users who come and go on deal.

If you think fresh thinking and guidance on influence strategies would benefit your marketing plans, use this link to start an informal conversation

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

Bob Wheatley is the CEO of Chicago-based Emergent, The Healthy Living Agency. Traditional brand marketing often sidesteps more human qualities that can help consumers form an emotional bond. Yet brands yearn for authentic engagement, trust and a lasting relationship with their customers. Emergent helps brands erase ineffective self-promotion and replace it with clarity, honesty and deeper meaning in their customer relationships and communication. For more information, contact [email protected] and follow on Twitter @BobWheatley.

The barrier to climate investment is fear

What is the biggest barrier to sustainability investments?

August 12th, 2021 Posted by Brand Activism, brand advocacy, brand marketing, brand messaging, Brand preference, brand strategy, Carbon footprint, Climatarian, Climate Change, climate culture, Consumer insight, Greenhouse Gas, Greenwashing, Navigation, storytelling, Sustainability, Transformation, Transparency 0 comments on “What is the biggest barrier to sustainability investments?”

…It isn’t the supply chain or manufacturing

Imagine an out-of-control cruise ship bearing down on the sunny Island resort dock at 30-knots full speed with no captain at the wheel. 200,000 tons of steel coming in hard to shore, kicking up a gigantic spray of water behind it. There you are at the coffee shop in front of the pier, enjoying your latte while waiting for the ship to arrive. You watch in horror as this gigantic floating hotel with 4,000 souls aboard is barreling right for you, the bow getting taller and taller in the closing moments. You freeze – unable to move as the disastrous, tragic end draws near – paralyzed by _________.

The word is fear.

You didn’t see it earlier, but painted on the bow in bright green, it’s the USS Climate Chaos coming in hot …literally.

Sustainability at one time was more leisurely focused on clean energy use and efforts to improve, say, recycling and clean energy from the manufacturing plant to customer warehouses. The annual report would recite the efficiencies and efforts made to use less fossil fuels in the daily routine of manufacturing, shipping and commerce.

But wait; more recently we learn that greenhouse gas levels, despite the economic shutdown caused by the pandemic, have reached their highest concentration in 4 million years and shows no signs of slowing down. The planet is rapidly warming. Climate impacts start to get closer and closer to home through unrelenting wildfires, droughts, super-storms and wild weather shifts. You can feel it and see it now.

Then as if on cue, along comes a series of reports that reveal the incredibly significant relationship our food system has to climate impact, now the second leading contributor of global greenhouse gas production at 24%. Consumers who are already increasingly aware and sensitized to big societal issues like climate trouble, begin to realize there is a relationship between their food choices and climate outcomes.

The word sustainability acquires new gravitas and deeper meaning as it is redefined to signal climate threat from supply chain actors like livestock production and soil-damaging industrial agriculture practices.

  • Who knew it took 1,600 gallons of water, massive land resources and two years to produce one 16-ounce steak?
  • Why didn’t we know before that the world’s largest carbon sink, the Amazon rainforest, is disappearing at the rate of an acre per second due to repurposing the forested land for animal agriculture and crops to feed them?

Sustainability may now be the most popular term in modern marketing

Yet it is still vastly underserved as companies wrestle with its deeper meaning and implications. Will we get to solutions soon enough to prevent portions of the planet from becoming uninhabitable? Or will the streets of Toronto begin to resemble Beverly Hills with giant royal palm trees lining the Yorktown shopping district, while the southern hemisphere reels from millions of climate refugees running north for survival?

  • Sustainability is an operational imperative that starts at the field or ranch and works its way forward to the retail store. The challenge ahead begins with understanding what an organization’s carbon footprint looks like though objective, data-driven scientific analysis that runs all the way back through the supply chain and forward through manufacturing, distributing and recovery of packaging materials.

Within this analysis comes visibility to the conditions that impact climate threat contributions and identifying where improvements can be made, and carbon mitigation targets set.

The biggest threat to progress here is various forms of organizational fear

Given the speed at which climate threat is turning into a passion point for consumers on the path to a purchase decision, there is a need to get this right sooner rather than later. Yet some companies still struggle to navigate.

Why?

Fear of change

Change is hard. No one likes it except the most progressive leaders who see it as a path to reinvention and growth. Changing institutionalized thinking and processes is difficult. But change it must. We need a wildfire of movement towards credible sustainability solutions.

Fear of risk

The street looks for quarterly reports that repeat positive progress. Companies may worry that fundamental changes in infrastructure and operational standards will be a risk – that even with disciplined planning, to some degree, – they’ll still be steering in uncharted waters. Yes, but it’s a necessary risk worth taking.

Fear of truth

Every business resides in a glass house these days because anything that can be known, will be known. Are there some policies and behaviors that under scrutiny in the light of day could cause a little unease?

Transparency is demanded by users and stakeholders at a time when missteps can be discovered and reported globally in the digital age of communication. You already own that problem. The larger social responsibility demerit is knowing the problems exist yet doing nothing to improve them.

A spoonful of sugar helps the medicine…

Thinking differently – turns out robust sustainability commitments and policy are actually a path to improved innovation, financial outcomes and business growth.

Our partners at Brand Experience Group (BXG) made the business case, quantifying the impact of holistic sustainability strategies on balance sheet progress. Overwhelming evidence points to business growth from progressive sustainability programs, properly communicated to all relevant stakeholders. The research also proves that absence of these programs leads to sub-optimal business performance. (if you want to see the report, request it here).

How can this be true?

Because the number of consumers who care about sustainability investments, programs and verified outcomes is NOT some small tertiary cohort. According to BXG:

  • 34% of consumers are deeply passionate about sustainability progress, and
  • another 33% are “concerned” about sustainability policies and behaviors.
  • That’s 67 percent of your consuming marketplace.

If consumers want it, you need to deliver, right?

In a sentence: sustainability is good for business.

It may require changes in how the company operates, sources and manufacturers, but these changes are necessary when the great ship Climate Chaos is coming in all gas and no brakes to ultimately reward the climate caretakers and punish the deniers who claim they didn’t see it coming.

Is this going to be expensive for our economy?

Not if the thesis set out by think tank RethinkX is correct. They forecast ambitious but realistic targets for change in the next 10 years, based on deployment of technologies we already have in place, such as precision fermentation in food making. They state:

“By leveraging the power of market forces, mitigation of greenhouse gas emissions can be transformed from a costly expense into a lucrative investment at every scale from local to global. Regions, nations, communities, cities, businesses, and investors choosing to embrace and lead the disruptions rather than resist them will reap enormous economic and social rewards as well as environmental benefits.”

Decarbonizing the global economy will not be costly, it will instead save trillions of dollars…

“By leveraging the power of market forces, mitigation of greenhouse gas emissions can be transformed from a costly expense into a lucrative investment at every scale from local to global. Regions, nations, communities, cities, businesses, and investors choosing to embrace and lead the disruptions rather than resist them will reap enormous economic and social rewards as well as environmental benefits.” – RethinkX Climate Change Report

Time to get on board and pilot the new Climate Threat ship to a better, brighter and hopefully cooler future.

If you want to get a clear understanding of how to get ahead of the unstoppable and pervasive need for sustainability readiness, read our Brand Sustainability Solution report. You can download it free here.

If you want to know exactly where your business is on climate readiness, take our five-minute online Sustainability Readiness questionnaire. It is complimentary along with the scoring and follow-up report on what the results mean. You’ve got nothing to lose and everything to gain by knowing exactly where your company sustainability challenges reside. Here’s the link to take the electronic questionnaire.

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

Bob Wheatley is the CEO of Chicago-based Emergent, The Healthy Living Agency. Traditional brand marketing often sidesteps more human qualities that can help consumers form an emotional bond. Yet brands yearn for authentic engagement, trust and a lasting relationship with their customers. Emergent helps brands erase ineffective self-promotion and replace it with clarity, honesty and deeper meaning in their customer relationships and communication. For more information, contact [email protected] and follow on Twitter @BobWheatley.

Customer experience impacts brand preference

Wondering what the #1 Priority is for Brand Selection?

July 7th, 2021 Posted by brand advocacy, brand marketing, brand strategy, consumer behavior, Consumer insight, Customer Experience, Insight, Personalization 0 comments on “Wondering what the #1 Priority is for Brand Selection?”

International survey confirms path to brand preference decision

Where should you place your bets for growth? Is it optimal product technology or top-of-mind brand awareness? While these issues remain important, they are not the number one driver of brand choice and preference according to a recent Ipsos study of 8,000 consumers in the U.S., UK, France and Germany. Read on for the reveal.

The study exposes a significant strategic weakness

The Ipsos report laid bare a decided absence of customer-centrism in how businesses operate. For all the sermonizing about the importance of consumers to brands and business growth, it is interesting that so few know the real details of their customer’s lifestyle needs, wants, aspirations and behaviors. This insight is required to build deeper brand relevance and personalization, two components of optimal strategy that surfaced from the survey conclusions.

It appears that CPG businesses, especially legacy brands, are constructed primarily around a focused model that is systemically preoccupied with product development, operations, manufacturing, distribution infrastructure, supply chain, sales/marketing and cost management of same. Appears it may be tough for an older dog to learn new tricks.

  • “Customer first” is a relatively new trend in business management, seen more often in digitally-native brands where the entire proposition was invented on the back of laser-focused consumer relevance and ongoing interactive conversation and experimentation.

Further it is more difficult for marketing to connect and engage without heartbeat-level insight into those you wish to sell to – their lives and lifestyles. Relevance in brand communication is nourished by an uncanny sense of what matters to the user’s personal aspirations and needs. “You get me” and “you help me to ________” are ultimately more important in consumer-brand relationship construction than an awesome product, which is now table-stakes on the list of consumer expectations.

Here’s where to invest if sustainable growth is a priority for you and your organization:

The survey confirmed customer experience is the number one motivator of brand selection!

  • 77% of consumers choose a brand based on positive experience.
  • 64% will avoid a brand based on a bad experience.
  • Women (66%), Millennials (70%) and GenZ (68%) are most likely to head for the exits after a bad experience.

In fact, brand switching starts to gain traction after just one bad experience. Moreover, negative experiences and unresolved issues are also catalysts for dissatisfied word-of-mouth and social channel sharing.

  • Interestingly, the fastest growing consumer cohort now is 55+ and also the most ignored, given historic brand preoccupation with wooing younger audiences. That’s leaving big business on the table!

Here’s some added texture on the survey findings

  • Consumers do research ahead of a purchase, so anticipation is higher right out of the gate.
  • They expect to receive a seamless, friction-free and positive experience with your brand.
  • Brand recognition and stellar product technology is important but not the decider.
  • Customer experience is the tipping point on brand selection decisions.
  • Failure to understand customer needs is the critical, pivotal Achilles’ heel.

U.S. consumers, especially, are looking for personalization and real-time responsiveness on their questions including chat options with a live agent not a bot. In fact, more than 40% of consumers want personalized solutions based on a granular understanding of their interests, buying behaviors, demographics and psychographics.

Retail everywhere

The study demonstrates the incredibly important opportunity brands have to add value at all touchpoints along the path to purchase, whether online or at the store. For consumers, the channel is irrelevant with respect to expectations. They believe it should be friction free, simple and helpful no matter where they purchase.

  • What’s often missing is an embedded view that customer needs and wants come first rather than the company serving its own operational quirks or self-protective policies.

With consumer /user experience being a pivotal moment on the path to purchase and repurchase, it only stands to reason it must be served with skill and intuitive judgment on addressing the customer’s wants. Thus ongoing, always-on investment in consumer insight is a required commitment to make all of this work successfully for sustainable brand growth.

If you’re looking for deeper insight and fresh strategic thinking on the path to improved consumer experience, use this link to start an informal conversation.

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

Bob Wheatley is the CEO of Chicago-based Emergent, The Healthy Living Agency. Traditional brand marketing often sidesteps more human qualities that can help consumers form an emotional bond. Yet brands yearn for authentic engagement, trust and a lasting relationship with their customers. Emergent helps brands erase ineffective self-promotion and replace it with clarity, honesty and deeper meaning in their customer relationships and communication. For more information, contact [email protected] and follow on Twitter @BobWheatley.

Collab to solve climate threat

Announcing the First Real Answer to Climate and Brand Sustainability Challenges

June 25th, 2021 Posted by brand strategy, Brand trust, Carbon footprint, change, Climatarian, Climate Change, climate culture, Consumer insight, Food Trend, Greenhouse Gas, Greenwashing, Higher Purpose, retail brand relevance, Sustainability, Transparency 0 comments on “Announcing the First Real Answer to Climate and Brand Sustainability Challenges”

How to successfully address sustainability demands for food, beverage and lifestyle brands and retailers

Food, beverage and lifestyle categories are ground zero in a major culture shift now underway. It will redefine the meaning of sustainability and recast the value proposition for nearly every brand and retailer in the business.

The rapid arrival of a new consumer culture shift demands greater accountability on climate impact and verifiable solutions to greenhouse gas threats. New research confirms not only is this a priority for consumers on the path to purchase, it also has a direct impact on food, beverage and lifestyle brand and retailer growth outcomes. 

Are you prepared – ready to embrace the sea change and reap the rewards from operating consistently with consumer attitude and preference shifts on sustainability?

Download our new report on the first Brand Sustainability Solution. Learn what the future looks like and how to solve the challenges ahead for your brand and business.

FREE DOWNLOAD HERE OF THE BRAND SUSTAINABILITY REPORT

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

Bob Wheatley is the CEO of Chicago-based Emergent, The Healthy Living Agency. Traditional brand marketing often sidesteps more human qualities that can help consumers form an emotional bond. Yet brands yearn for authentic engagement, trust and a lasting relationship with their customers. Emergent helps brands erase ineffective self-promotion and replace it with clarity, honesty and deeper meaning in their customer relationships and communication. For more information, contact [email protected] and follow on Twitter @BobWheatley.

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