As consumers have access to more information
about brands in today’s world, brand authenticity becomes a more and more
critical point of difference for consumer-packaged goods. But with consumers gaining more power in
their relationships with brands, how to build an authentic brand image in their
perception?
As a graduate student in the Northwestern Medill IMC program (@VitaminIMC) with an interest in brand management, I have identified two
articles that can help CPG branders to successfully make your brand authentic.
In the article “Customers Demand These 2 Fundamental Aspects of Authentic Brands”, Jim Joseph (@JimJoseph ), the President of Cohn
& Wolfe, pointed out that purpose and protection are the 2 aspects
consumers care most about brand authenticity, especially for entrepreneurial
marketing. Based on his research, 76 percent of U.S. consumers think brands
should have a story of what they believe besides making money. For protection,
consumers not only want brands help them avoid harms, they also assume brands
should protect them. 78 percent of consumers would stop buying the brands when
they don’t feel safe with the brands. The conclusion is that to build an
authentic brand image, marketers need to show transparency in business practice
in consumer communication.
While purpose and protection are essential in
building brand authenticity, Matthew Hutson’s(@matthewhutson(silverjacket)) article “Quenching Consumers’ Thirst for ‘Authentic’ Brands” argues that heritage, sincerity and commitment
to quality are 3 dimensions consumers see as brand authenticity. It is also
concluded in the article that these 3 dimensions are linked with each other. To
make consumers trust your brand, marketers should figure out a way of telling
the brand story so that consumers can feel the connection between them and the
brand.
Based on the 2 articles and my graduation
study in Medill IMC Program, there are 3 action items I recommend you to
consider.
- Listen To Consumers – Brand authenticity has different meanings to different consumers. Abandon your assumption and listen to what consumers think of it.
- Tell A Good Story – Authentic brand doesn’t mean being bland. Find a cultural essence of your brand as the heritage and tell consumers a good story to show them a transparent business process.
- Grow On Your Heritage – For those brands already have heritage, root the communication in it while grow with your consumers as the social environment change. Adjust the meaning of the brand and use social media for efficient communication.
In this versatile market environment, if your
brand is not perceived as authentic, it is fatal. To stand out in the
homogeneous world, CPG brands really need to consider the proposals mentioned
above. Keep in mind that transparency and openness will always be the base of successful
authentic brand building.
“Rain”,
Xinwei Yang is a graduate student pursuing her M.S. in Integrated Marketing
Communication at Medill School of Journalism, Northwestern. She will be graduated in Dec. 2015. She is a marketer specializing
in branding and interactive marketing with a strong passion in the consumer
packaged goods industry. You can reach Rain on Linkedin or follow her on Twitter @Rain_yxw.
No comments:
Post a Comment