Today, lets talk about Brand Authenticity.
Brand authenticity may sound like its a mouthful, but its actually very simple to understand. The word authentic simply means original or genuine. Hence, authentic brand is defined as brands that are trustworthy, and are neither false nor unoriginal, in short, genuine and original.
So why does authenticity matter?
In this era where consumers are given an abundance of choices with regards to products and brands, consumers are constantly drawn towards brands with an original story, and a sincere commitment to deliver what they promise. Essentially, authenticity is about practising what you preach; being clear about who you are and what you do best.
Authenticity Drivers
In the context of branding, I have identified 7 key drivers of brand authenticity:
Originality - The extent to which a brand has brought something new or different into the market
Personal Utility - The extent to which a brand delivers real utility to users that they feel they cannot live without
Declared Believes - The extent to which a brand stands out for more than just making profits
Sincerity - The extent to which a brand tries hard not to let people down
Familiarity - The extent to which a brand is widely known to everyone
Momentum - The extent to which a brand has an aura of becoming more popular
Heritage - The extent to which a brand has a relevant and engaging story.
Sometimes I find that some theories are very difficult to understand, therefore I find the use of examples very useful in explaining complicated theories and concepts, which is why I always make an attempt to include examples in my posts. Having said that, I came up with an example for every driver of authenticity:
Brand with an originality
Brand with a personal utility
Brand with declared believes
Brand with sincerity
Qantas is a good example of a sincere brand. They are always trying their best not to let their customers down. They have been constantly providing high quality air line services. |
Brand with familiarity
Im pretty sure this brand is familiar to everyone, and I mean EVERYONE. Coca Cola has reached global presence and its been an all time favourite classic drink for consumers. |
Brand with momentum
Hope you''ll find this post very interesting and give you an insight of the authentic brands you've been purchasing and believing all these while. Feel free to add any comments or include any other brands you find fits the authentic brand category and we can definitely talk about it.
Cheers for now.
No comments:
Post a Comment