Brand.New
In the age of experience brands need to flow
around human expectations.
Power to the people
Branding strategy, as we know it, has slowly died. And that’s a good thing.
Technology is accelerating social and economic transformations that profoundly affect culture and businesses in return.
People no longer look to brands to influence their life choices, but selectively pick brand affiliations that are aligned with their value system.
People choose brands that make them feel relevant as customers and human beings.
In this new normal brands can no longer be ivory tower megaphones shouting self-referential messages at regular intervals. They need to transform into enablers of relevant, meaningful, life-enriching experiences that constantly evolve around people’s liquid expectations.
Welcome to the era of human, relevant, and flowing brands.
Done in close collaboration with:
Stephanie Del Rey
Fabio Sergio
- dear colleagues at Fjord, part of Accenture Interactive
01.
Context.
The fabric of reality is unraveling.
The very meaning of reality is being increasingly questioned. This is not about what is “real” and what is “fake” but about the value we attribute to what we are offered.
Seeing is not believing anymore.
Brands must understand their ecosystems, and be aware of how their influence can be used and abused.
Anything that we can imagine, can be built. Anything that we can be, we can become.
In a world where technology often outpaces imagination people feel they can be or become who or whatever they want to be, but often suffer from the paradox of choice.
02.
The age of experience.
The new normal of liquid expectations and living services.
Technology changes fast, people don’t.
While technology keeps evolving at an accelerated pace our ability as humans to absorb and process change is not getting radically better.
61% of customers stopped doing business with at least one company last year because of poor #CX
Source: What today’s consumers want isn’t what you think, Accenture Strategy 2017
People crave relevant, meaningful, and personal experiences.
Digital services offer brands an unprecedented frequency of interaction with their audiences, which has, in turn, raised people’s perceived level of intimacy with a brand. At the same time, the daily deluge of opportunities to connect and be contacted has also created a gap in attention, and the resulting need for meaningful and relevant interactions worth of people’s decreasing attention spans and time.
The rise of living services has also increased expectations that every interaction will feel personal, and tailored to people’s liquid expectations and evolving needs.
The industrialization of experience.
Brands have adopted a “customer-centric” culture and adopted “omnichannel strategies” to ensure the baseline quality level of the experiences they provide to their customers. While this has resulted in a progressive improvement of mainstream digital experiences even brands who “set the bar” often fall victim to the “industrialization of experience”, and the resulting lack of differentiation and true personalization.
Providing meaningful, contextually relevant, and truly personal experiences at scale - millions and millions of personal experiences - remains as difficult and challenging as it ever was.
There is tension at the
heart of brands.
In the new normal brands are struggling to find a meaningful role.
All of these forces are putting extra pressure on brands, which are struggling to find ways to adapt to the “new normal” of people’s ever-changing expectations and affiliations.
Brands walk a long slackline over the chasm of irrelevance in a dynamic balancing act. When to speak? When to listen? What to hold constant, what to change?
Brands struggle to evaluate the unintended consequences of how their messages and experiences propagate across these layers.
A misguided local marketing campaign can have devastating effects as it negatively resonates across global other regional or global markets.
Economic policies and trade decisions can have a huge impact on brand equity and affiliations (e.g. USA’s policies on Huawei’s products and services).
Connected systems, exponential complexity.
Digital technologies have created real-time feedback loops across ecosystems of incremental complexity and influence.
The skin of brands has become thinner.
In the new digital normal brands are easily exposed all the way to the core. They are and often feel naked.
Megaphones and echo chambers.
Shaken by customer-first and experience-centric narratives brands have been stretched thin. Some have stayed true to old-school ivory tower megaphone paradigms, others have swung all the way to echo the social media wails of their most vocal audiences. The pendulum is still swinging.
How to create millions of unique experiences while staying true to the brand’s core values, personality, promise, and purpose?
Built to last…
… meant to flow
A new dynamic balance.
Experience lives at the intersection of the interaction points through which a brand’s personality is expressed - its human, physical and digital touch-points - and the area where human needs, desires, and dreams manifest the mindsets that influence decision making and human value-setting.
03.
Brand.New
To add value to people’s lives brands need to be authentic and constantly adapt to create experiences that people love. They need to flow around ever-changing human expectations. Brands need to become Human. Relevant. Flowing.
Human
Human brands have
human-like traits.
In the new normal brands cannot be static constructs made up of keywords and expressed through immutable graphic assets. They live and breathe, adapt and evolve. They are influenced by their surrounding context and influence it in return.
Human brands have human-like traits.
Human brands have an authentic personality, and they are not afraid to have an opinion, even if they might be wrong at times.
Human brands see us as whole, not just as recipients of their messages or buyers of their products. They know us and care about us. When we love them, they love us back.
Relevant
Built to last:
Remaining relevant.
Just as people are searching for their own relevance and place in the world, brands must constantly prove themselves to be relevant to their customers, quite possibly the biggest challenges of today’s digital age.
The most future.proofed companies are not defined by their age, their sector, their tech or data savvy-ness, but by their ability to consistently align the totality of the experiences they create with their wider corporate purpose. This represents the defining challenge for today’s boardrooms and brand marketers.
Some companies are moving ahead because they are making their purpose more compelling by blending data and insight to deliver better human brand experiences. For others, it has become crucial that the experiences they create, powered by exceptional technology, are matched by an authentic corporate culture and purpose.
Flowing
Meant to flow:
a new dynamic balance.
The way we experience a brand’s presence in our lives is a dynamic balance across the brand’s lasting pillars and assets, and liquid human expectations and ambitions.
It’s an area in constant flow, shaped by thousands of individual and collective interactions over time.
Modern brand building is just as much about understanding how to achieve and maintain flow and dynamic balance as it is about understanding and preserving long-lasting core foundational assets.
Michael Eisner. Former CEO of Disney
A brand is a living entity, it is enriched or undermined cumulatively over time, the product of a thousand small gestures.
Brand.New.Hope
Brands must learn to…
Be Human
Grow authentic relationships based on mutual understanding and care.
Be Relevant
Create a sense of belonging that stands the test of time.
Be Flowing
Flow across experiences, evolving & adapting.