Perhaps nothing is more misunderstood
in marketing than brand husbandry – what Margaret Marks and Carol Pearson in The Hero and the Outlaw incisively call “meaning
management. “ Indeed, more than a few
marketers have disdained the value of managing the meaning of products.
Don Peppers and Martha Rogers declared
15 years ago in a Marketing Tools article,
“Once any marketer takes over the customer relationship, the consumer will have
very little need for a mass-marketed name brand.”
Of course Peppers, with a background in direct marketing reflects the traditional
inattention to branding in the world of direct marketing.
The advent of the Internet delivered
the coup de grace to branding in the
minds of many marketers. But like
one-to-one marketing gurus Peppers and Rogers, those who believe that way don’t
understand the dynamics of branding, and indeed the contribution that branding can
make to a balance sheet. Of Coca-Cola’s
$127 billion market cap, $66 billion is attributed to brand equity. As such,
Coke is the most valuable brand in the world, beating out such formidable behemoths
as IBM, Microsoft, General Electric and Toyota.
Those who denigrate the importance of
branding would do well to read Margaret Mark and Carol Pearson’s The Hero
and the Outlaw (at the left under “Must Reads”).
Drawing on extensive quantitative
analysis, Mark and Pearson illuminate the qualitative aspects of brand
personalities. They infer from their research results that brands fall within
12 archetypal personalities ranging from Pepsi’s and Harley-Davidson’s Rebel
archetype to Hallmark’s and Victoria’s Secret’ Lover archetype.
Consumers evaluate brands through human personality traits, whether or not the marketer has imputed human traits to the brand. The brain unconsciously makes anthropomorphic readings of products as part of its efforts to make sense of what it is processing – which brings us to a critically important but much overlooked fact: according to cognitive scientists, 95 percent of the mental activity that goes into forming our perceptions, thoughts and decisions takes place outside of consciousness.
So what do most marketers and market
researchers focus most of their attention on? The five percent zone. To truly
appreciate the value of branding it
helps to understand the neurological side of the branding picture that lies outside the boundaries of consciousness.
A Duke University study found that
brands, somewhat unique among proper nouns, are processed primarily in the
emotional, sensuous right brain. That and other research indicate that brand
loyalty depends on emotional arousal. As with humans, we will reject brands
that lack attractive and consistent personality characteristics.
One researcher who commented on the
Duke study opined, “This is very intriguing indeed. It supports
our instinctive belief that brands are a special class of word - they are like
a poem all in one word in their ability to evoke and express ideas."
In recent study in which subjects’
responses in a Coke vs. Pepsi blind taste test were tracked by fMRI technology,
researchers found that brain responses indicated a somewhat even split in
beverage preference. However, matters changed dramatically when researchers told
people which cola they were drinking. Coke was preferred by 75% to 25%. The
fMRI scans showed that when people knew they were drinking Coke, the dorsolateral
prefrontal cortex and the hippocampus, which are related to memory and cognitive
control, both got excited. In most cases Pepsi did not have the same effect.
People’s brains appear to process Coke
with greater animation in regions of the brain associated with archetypal imagery
than Pepsi does. People’s imagery of Pepsi does not appear to be as deeply
rooted. It’s all a matter of crucial differences in brand personality that
Pepsi will never be able to resolve regardless of money spent in marketing or
the creative talents of marketing creatives. Coke long ago
took possession of the deeper recesses of
most cola drinkers’ brains, and the odds of being booted out are
virtually nil.
Next:
Brand persona vs.
brand personality.
The difference between a Consumers and human traits can be differs as human evaluate brands through human personality traits, whether or not the marketer has imputed human traits to the brand.
Posted by: Jeff paul news | October 29, 2009 at 02:26 AM