By M. Isi Eromosele
Emotional Branding is a strong
branding philosophy as well as a best practice standard. The philosophy is
based on the premise that emotions are always involved when people establish
and build connections with brands. Emotional branding is about people,
emotions and relationships.
The philosophy of emotional
branding is infinite because it is based on a universal principle that states: people’s
emotions come first, communication medium second. Marketers realize that
emotions are important. But they’re not quite sure why or what to do about it.
Consumers make buying
decisions based in part on their feelings and emotions about particular brands.
And marketers have long recognized the fact that emotions play a key role when
consumers are talking about or purchasing products in categories as disparate
as those represented by brands like Lexus, Sony and Hermes.
Emotional Connections:
Long-Term Links
The result of strong consumer
emotional attachment to brands is long-term loyalty to that brand. To reap the enhanced financial benefits that
can result from customer loyalty, marketers need to enthusiastically pursue
strategies intended to keep customers coming back.
Indeed, marketers must move beyond
customer retention, which is merely a behavior, to generating customer commitment,
delight, and even evangelism, all of which represent enduring psychological
bonds that link a customer to a company.
There are four critically
important emotional states of consumer emotional attachments to brands. Together,
these states represent the strength of the emotional connection existing
between a customer and a brand:
Confidence in the brand’s
promise | Belief in its Integrity | Pride in being a customer and Passion for
the brand.
Analysis of responses to the
individual items in this set of feelings has revealed that customers develop
emotional attachment to a brand in a cumulative way, with confidence as the foundation
of a brand relationship and passion as the pinnacle.
Here are the definitions of
the four components:
- Confidence reflects the belief that the company can be trusted, always and everywhere, to keep the promises that it makes.
- Integrity reflects the belief that the company will always treat its customers fairly and can always be counted on to stand behind its products and resolve any problems that might occur.
- Pride reflects the degree to which consumers feel appreciated by the company and are proud of their personal association with the brand.
- Passion reflects the belief that the brand is essentially irreplaceable and represents a seemingly perfect fit with the customer’s personal needs.
Emotional connections are not
merely warm and fuzzy, nor are they simply interesting to contemplate. They
have powerful financial consequences for marketers, ranging from share-of
wallet to frequency and amount of repeat business. Fully engaged customers
spend more and return more frequently than those who are disengaged.
Retailers that have taken action
to enhance their customer engagement by capitalizing on the engagement-building
skills of their own customer-facing employees have been rewarded with double-digit
increases in both sales and profit, both in the United States and around the world.
Emotional brand connections
are universally important, and managing those emotional bonds pays off
handsomely.
M. Isi Eromosele is
the President | Chief Executive Officer | Executive Creative Director of Oseme
Group - Oseme Creative | Oseme Consulting | Oseme Finance
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2012 Oseme Group
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