Wednesday, 15 May 2013

BRAND STRENGTH SPURRED ON BY BRAND ADVOCACY


"The New Goal Post for Marketing Is Advocacy”

Brand Equity Based on Brand Characteristics
Many marketers distinguish brands by personality type of which there are ten known archetypes. Remember that despite a brand showing one or several of these characteristics, some more popular than others at the end of the day the success of that brand does not fall upon the specific character archetype but definitely on the brand voice and the consumer’s loyalty and number of brand advocates spreading the good news about that brand!

According to the ‘Brands & Branding in South Africa 2012’ publication The Top 100 Brands in South Africa have the following characteristics resulting in strong equity:



Brand Archetypes with Strong Equity
         Seductress – being desirable, sexy
      Wise – being trustworthy
      King – being in control and assertive
      Mother – being generous and caring

Brand Archetypes with Growing Equity
        Dreamer – being idealistic, different and creative
      Hero – being adventurous and brave

"The brand characteristic and archetype ‘Maiden’ being innocent and kind has the least amount of appeal with little equity"

Marketing Experts
There are several very well known authors active in business and they are respected and admired around the world. These authors share their insights in their best selling publications touching on brand advocacy, the groundswell of public opinion (which is related via social media) and the brand voice all components of and playing vital roles in the Digital Media platforms of Twitter and Facebook. My own experience and focus is primarily on the Social Media platform of Twitter. I spoke about my passion for creating brand awareness via the Social Media platform of Twitter with Bruce Dennill, Editor of CitiVibe, The Citizen newspaper on Radio Today on Monday 13 May 2013. Click on link: http://bruced.podomatic.com/entry/2013-05-13T03_02_30-07_00

Brand Advocates – Rob Fuggetta
"Turning enthusiastic customers into a powerful marketing force – from awareness to advocacy"

Rob Fuggetta author of ‘Brand Advocates’ explains how “advocacy has zoomed to the top of the marketer’s agenda. He states that in a recent global study by IBM, CMOs said advocacy is their top priority”.


Loyalty and Advocacy

“Loyalty has been considered to be the Holy Grail for customer relationships. However, just because customers are frequent buyers doesn’t mean they’re Advocates. You may belong to a loyalty programme sponsored by airlines, retailers and credit card companies. That doesn’t mean you go out of your way to recommend these companies. Advocacy on the other hand, is the true litmus test for loyalty. When you recommend something to a friend, you are putting your personal reputation on the line. Getting customers to recommend you is having a virtual sales force, promoting your products to family, friends, peers and thousands and millions of buyers”.



Groundswell – Charlene Li and Josh Bernoff
Winning in a World Transformed by Social Technologies

“The Business World Can and Must Take Advantage of Social Media”


“What happens when ordinary people are given a voice, when information is no longer filtered and packaged by marketers and media manipulators?” 


“The result is a groundswell and power to the people” 



I am of the opinion that it is a win-win situation, brands start engaging and many relationships are won!

This publication explains that “the value of the brand belongs to the market, and not to the company. The company who has developed the brand is a tool to create value for the brand. The company is a closed structure but the brand is an open structure that engages with the world”.
A very valid question should be asked of all marketers and brand managers – are you creating and enabling value for your brand via social media? Are you using every possible medium to create value for your brand? Are you engaging with the public creating loyalty for your brand and turning awareness into advocacy?

Social Media

Charlene and Josh in ‘Groundswell’ detail what Social Media can be used for in respect of your brand:

     Listen to better understand your customers. Insight can be used for future marketing and product development.

Talking – spread messages about your company


Energizing the brand – find your most enthusiastic customers and use their loyalty and brand advocacy to supercharge the power of the word of mouth

Twitter

People who don’t use Twitter tend to write it off. Twitter is rapidly becoming a key part of the groundswell – driving, reporting on, spreading news and extending activity in everything from blogs to social networks.

Twitter is at the centre of a whole ecosystem of interactions. Unlike Facebook, Twitter allows anyone to follow anyone else (unless the person being followed blocks you, which is rare). All twitter updates are public which makes them searchable. More than 70 percent of twitterers say they tell friends about products that interest them, which is far above average. Once your company starts to connect, people will expect you to listen and respond, not just broadcast.

Social Marketology – Ric Dragon

Get Customers to Stay Forever


Ric’s publication ‘Social Marketology’ has an informative section on Brand Voice. The various voices comprise maven (expert) voice; promotional voice; customer focus voice, voice of community love and voice of passion and voice of advocacy. Ric states that “one of the most interesting brand voices is the voice of passion”. This is the voice that speaks with enthusiasm and promotes the feel good factor behind the brand. Similar to the voice of passion is the voice of advocacy and can speak on behalf of a cause, or company brand.

Multi-Screen World


We now all live in a new world, a world where multiple screens are used by the multitasking audience. In the multi-screen world, creating ‘social engagement’ has great value. It’s fun, social and uplifting! 



“At the heart of a great brand is a great product or service”
Share the good news about your brand on Twitter AND Instagram