The changing nature of brand power

Jean-Luc Ambrosi

Jean-Luc Ambrosi is an award winning marketer and recognised expert in branding and customer relationship management. He is the author of the new book, Branding to Differ, a strategic and practical guide on how to build and manage a successful brand.


Once upon a time, life was easy: You developed products, placed them in a well-located retail shop, wrapped them under an attractive brand and hired the best creative in town to promote them.

Advertising was king and when it didn’t sell products, you could argue it was building brands. That was the recipe for success. How sweet, or so we thought. Many business and brands were successfully built on this approach, even if it wasn’t always that easy.

Today, the digital ecosystem has disrupted our recipe for success, and the role brands play in building success. Anyone can build a digital presence and create a brand at almost the speed of light. As a result, there are so many products available under so many brands, it has become increasingly more difficult to attract sustained attention. Sustained is the key word here, as quick sales come and go with a bit of digital promotion.

What really matters today, arguably more than ever, is the trust a brand can bring to the purchase experience. This is particularly vital in the digital age. As more customers become physically disconnected with brands and the purchase process, brands need to bring an extra layer of comfort into their virtual relationship with customers.

While customers enjoy the ease of doing business online, letting their needs for immediate rewards go wild, they are also increasingly wary of post-purchase blues. These blues are created by the dissonance between what appears to be on offer and what is actually being sold and purchased.

The digital ecosystem has mastered the art of disguising the true quality of products, and modern customers need to rely on some reinforcement mechanism to press the ‘purchase now’ button.

This is where brands come into full flight. In many instances, the only rational and emotional bond between a pretty picture and nicely crafted copywriting, and the belief this is a genuine offer, is the brand. The brand is acting as the trust mechanism. It benefits both the rational brain, which is saying “for sure this brand wouldn’t sell me a dodgy product”, and the emotional one, which says “I trust them, this is great”.

Trust is now the primary driving factor in engagement. Consumers need to be able to trust who they do business with no matter how, where and when they decide to make a purchase, whether it be in the comfort of their own homes on their computers or tablets, or on the train via their mobile phones.

Trust has always been on top of the pyramid of needs. But today, it’s not just a want, it’s a must. If you thought digital could create lasting brands via a bit of promotion, then think again. Brands have more tangible meaning than ever and your commercial success depends on it.

Tags: digital strategy, omni-channel retailing, brand strategy

Show Comments

Featured Whitepapers

State of the CMO 2019

CMO’s State of the CMO is an annual industry research initiative aimed at understanding how ...

More whitepapers

Latest Videos

Conversations over a cuppa with CMO: ABC's Leisa Bacon

In this episode of Conversations over a Cuppa with CMO, ABC's director of audiences, Leisa Bacon, shares how she's navigated the COVID-19 crisis, the milestones and adaptability it's ushered in, and what sustained lessons there are for marketers as we start to recover.

More Videos

Zero proof spiritsUsa since 2011 www.arkaybeverages.com🤪🤟

Sylvie

How this alcohol-free spirits brand rode the health and wellness wave

Read more

okay this a good newsmaybe i gonna try it

kenzopoker1

CMO's top 8 martech stories for the week - 9 July 2020

Read more

Very insightful. Executive leaders can let middle managers decide on the best course of action for the business and once these plans are ...

Abi TCA

CMOs: Let middle managers lead radical innovation

Read more

One failing brand tying up with another failing brand!

Realist

Binge and The Iconic launch Inactivewear clothing line

Read more

I am 56 years old and was diagnosed with Parkinson's disease after four years of decreasing mobility to the point of having family dress ...

Nancy Tunick

The personal digital approach that's helping Vision RT ride out the crisis

Read more

Blog Posts

MYOD Dataset: Building a DAM

In my first article in this MYOD [Make Your Organisation Data-Driven] series, I articulated a one-line approach to successfully injecting data into your organisation’s DNA: Using a Dataset -> Skillset -> Mindset framework. This will take your people and processes on a journey to data actualisation.

Kshira Saagar

Group director of data science, Global Fashion Group

Business quiet? Now is the time to review your owned assets

For businesses and advertiser categories currently experiencing a slowdown in consumer activity, now is the optimal time to get started on projects that have been of high importance, but low urgency.

Olia Krivtchoun

CX discipline leader, Spark Foundry

Bottoms up: Lockdown lessons for an inverted marketing world

The effects of the coronavirus slammed the brakes on retail sales in pubs, clubs and restaurants. Fever-Tree’s Australia GM Andy Gaunt explains what they have learnt from some tricky months of trading

Andy Gaunt

General manager, Fever-Tree Australia and New Zealand

Sign in