keskiviikko 5. marraskuuta 2014

Emotional Branding



I found these articles which are talking about emotional branding. I think it can be interesting for our group and the project we have for Wiklund. Indeed, it can help us to find how to create passion around a brand. Perhaps the question we have to wonder is how to create a tribe around Wiklund and the value of the department store.

“Customers define themselves through brands they use. The branded clothes they wear, the cars they drive, the drinks they consume, university they attended, favourite spots to hang out, and so on.”

Nyimpini Mabunda, Smirnoff Vodka Marketing Manager:
Emotional Branding In a Changing Marketplace

Emotional branding helps to create intrinsic relationships between brands and consumers. This helps companies to be differentiated from their competitors.
Brands have to try to create connections with their customers on a personal level. A company engaged in emotional branding puts the needs of its customers ahead of the product it is selling.
Thus, a company has to:
                - decide which emotion it wants to target in its audience: defining the target audience’s core emotional need,
                - encourage customers to reach the desires emotionally bonded state: what the customers want, need and aspire,
                - create consistent communications centered on customers’ emotional needs.


Five Tips for Effective “Emotional Branding”

Main information of the article
When a company is selling products or services, it is selling a way to improve people’s lives. To do that effectively, it has to make them feel (not just think) that the company is the right answer to their problem.
Feeling is what emotional branding is about and the feeling does not even need to be directly connected to the brand.

What does a company need to launch an emotional branding campaign?
                1. Shift its focus: a company has to approach its audience as individual people and know who are its customers, what they want.
Companies have to think about people, rather than consumers; about experience rather than products; about dialogue rather than information delivery.

                2. Create material so emotionally compelling that it is eminently shareable: sharing is the best advertising out there because it is heartfelt but also free.

                3. Learn about the emotional hot buttons that get people to purchase:
Barry Feig defines 16 hot buttons that drive consumer behavior and shows marketers and salespeople how to identify and push the hot buttons that will get consumers to prefer and purchase their products over a competitor's. These “hot buttons marketing” are:
                - Desire for control                         - I’m better than you                    - Excitement of discovery
                - Revaluing                                        - Family values                                 - Desire to belong
                - Fun is its own reward                 - Poverty of time                            - Desire to get the best
                - Self-achievement                        - Sex/Love/Romance                    - Reinventing oneself
                - Make me smarter                        - Nurturing response                    - Power/Dominance/Influence
                - Wish fulfillment

                4. Tell a story: storytelling made emotional connections. We have to create a story to make our customers feel what we want them to feel. It is the best way to make sure that consumers will keep thinking of us and our brands.

                5. Leave the consumers with a strong feeling, happy or sad:  it is not about what information about its brand a company wants to leave its audience with. It is what feeling a company wants to leave them with.
Companies do not have to make a direct link between their product and the feeling they want associated with it. They only have to link them in their prospects' and customers' minds.


I think it can be useful to try to find how it is possible for Wiklund to create an emotional attachment to what it is selling and thus, a real bond between the company and its customers. Maybe Wiklund should “sell” itself to the customers as a real brand.

Sources:

Emma Britto

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