Page 14 - Unlock Sensory Power
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Mark Ritson doesn’t hold back,           The risk for brands that channel
       and he has a point. Are brands           disproportionate energies into higher
                                                order purpose, is that they fall short on
       neglecting the more tangible             the more tangible elements of the
       elements of the marketing                consumers’ experience.
       mix? And if so, are they
       risking their most valuable              By all means stand for something, but
                                                with today’s savvy consumer, make
       asset: trust?                            absolutely sure that you are delivering
                                                it. Purpose without substance is just spin   THE FRAGMENTATION OF BRANDS IS A
       THE FRAGILITY OF TRUST                   - and in the modern world spin is called
                                                out!
       This is the age of the savvy consumer.                                              MASSIVE RISK, AND YOU SEE IT ALL AS

       Never before have they been so           THE LOSS OF IDENTITY                       CONSUMERS. YOU SEE [THE BRAND] IN
       informed. Never before have felt so
       empowered. This ‘new normal’ has raised  Maintaining and building trust is
       levels of scepticism towards brands and   not the only challenge.                   DIFFERENT PLACES, THE BRAND ISN’T
       corporations.
                                                An even bigger issue for brand owners is   QUITE THE BRAND, AND THAT, I THINK,
       When spending time with consumers,       a loss of clear identity. For emerging
       it’s increasingly common to encounter    generations, long-form advertising is no
       comments that second guess the motives   longer the way brand messages are          IS A REAL CHALLENGE FOR MARKETERS.
       of brand managers: “Oh, I can see what   absorbed. Instead, snippets of ‘brand
       they’re trying to do here!”              noise’ are wedged into our lives through   HOW DO YOU CREATE THE POWER OF A
                                                omnipresent social media channels.
       There is a new fragility of trust between
       consumers and brands, as underlined by   As Keith Weed, Unilever’s CMO observes,    BRAND, WITH CONSISTENCY AND
       various global measures. This is not to   brands that rely heavily on this
       suggest a crisis, but it is clear that no   mechanism run the risk of fragmented    INTEGRATION ACROSS ALL THESE
       brand can take trust for granted.        and failing brand equities. The ability to
                                                enjoy consistent and compelling meaning
                                                across a large and varied audience is lost.  DIFFERENT VOICES?                          “
       REMEMBER, THERE IS NO

       CLOSER INTERACTION                                                                  Keith Weed
       BETWEEN A BRAND AND THE                                                             Chief Marketing Communications Officer, Unilever
       CONSUMER THAN THE

       PRODUCT ITSELF.
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