Page 14 - Sensory Power - Chinese
P. 14

Mark Ritson doesn’t hold              The risk for brands that channel
    back, and he has a point.             disproportionate energies into higher
    Are brands neglecting the             order purpose, is that they fall short on
                                          the more tangible elements of the
    more tangible elements of             consumers’ experience.
    the marketing mix? And if so,
    are they risking their most           By all means stand for something, but
                                          with today’s savvy consumer, make
    valuable asset: trust?                absolutely sure that you are delivering
                                          it. Purpose without substance is just
    THE FRAGILITY OF TRUST                spin - and in the modern world spin is
                                          called out!
    This is the age of the savvy consumer.
                                          THE LOSS OF IDENTITY
    Never before have they been so
    informed. Never before have they felt   Maintaining and building trust is
    so empowered. This ‘new normal’ has   not the only challenge.
    raised levels of scepticism towards
    brands and corporations.              An even bigger issue for brand owners
                                          is a loss of clear identity. For emerging
    When spending time with consumers,    generations, long-form advertising is no
    it’s increasingly common to encounter   longer the way brand messages are
    comments that second guess the        absorbed. Instead, snippets of ‘brand
    motives of brand managers: “Oh, I can   noise’ are wedged into our lives
    see what they’re trying to do here!”  through omnipresent social media
                                          channels.
    There is a new fragility of trust
    between consumers and brands, as      As Keith Weed, Unilever’s CMO
    underlined by various global measures.   observes, brands that rely heavily on
    This is not to suggest a crisis, but it is   this mechanism run the risk of
    clear that no brand can take trust for   fragmented and failing brand equities.
    granted.                              The ability to enjoy consistent and
                                          compelling meaning across a large and
                                          varied audience is lost.
    REMEMBER, THERE IS NO
    CLOSER INTERACTION
    BETWEEN A BRAND AND THE

    CONSUMER THAN THE
    PRODUCT ITSELF.
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