Deloitte Report Outlines the Drivers of Brand-Fueled Social Movements has been added to your bookmarks.
Deloitte Report Outlines the Drivers of Brand-Fueled Social Movements
Research uncovers how brands can become more than just a product
NEW YORK, Sept. 18, 2017 — Brand-fueled movements are hard to deconstruct, but with companies increasingly seeking ways to make meaningful connections with their consumers Deloitte conducted research to try to uncover key elements in their creation. A review of published materials, and one-on-one interviews with leading marketers from around the
- Purpose beyond the transaction - Movements are typically tied to a social cause or a community’s belief that they are contributing to a greater purpose.
- People-to-people connections - Brands that succeed at generating movements frequently do so through virtual communities and in-person connections.
- Authentic, transparent brands that evoke strong emotion - A movement usually occurs when a company or brand makes a grand statement and asks its customers to join in.
- Customer and employee empowerment - Brand movements consistently include opportunities for customers to become involved and feel empowered.
“To make an impact that matters, a brand has to be deeply connected to its purpose and have a vision of what it can be,” said Diana O’Brien, chief marketing officer, Deloitte LLP. “Companies are starting to reach beyond the confines of products or services – they’re starting to offer a purposeful experience that becomes a part of people’s lives.”
The study also uncovered many essential characteristics behind successful brands and the environmental factors that spur an enduring social movement and organically transcends the brand. While there is no playbook to create the passionate customer communities that fuel and energize long-term, brand-fueled movements; there are factors and metrics veteran marketers agree that can both help and hurt the potential for a movement to arise.
“Marketers are beginning to spur movements that surpass a company’s product or service and connects their customers to a greater purpose. These consumers become brand advocates because what they’re really buying is an experience,” said Jennifer Veenstra, managing director, Deloitte Chief Marketing Officer Client Experience program, Deloitte Services LP. “True brand-fueled movements are rare and difficult to recreate – but when done right, they have the power to influence tremendous change.”
Although organizations cannot create a movement directly, they can create the atmosphere for one to develop and grow. This often starts from the top. For employees and customers to embrace a movement’s passion, company leaders should be fully invested in the brand and the mission. It’s also essential that the brand be true to itself and rooted in the mission for which it stands.
Based on this research it’s clear that while rare, brand-fueled movements are hardly an accident. Companies can work to build the kind of brand rapport with customers that
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