As brands invent, re-invent, and create new avatars, it is imperative to form lasting consumer-brand relationships. Here are a few approaches marketers should look into to forge that bond
Temperatures are scorching, and the heat is on, be it the summer heat at 40+ degrees, the recently concluded Lok Sabha Elections or the upcoming ICC Men's T20 World Cup final. Interestingly, in all three related/unrelated 'hot' events, marketing strategies and campaigns revolve around the adage that people choose brands—be it animate (politicians to cricketers to celebrities) or inanimate (from IPL teams to colas, to mutual funds to MBA schools)—and not products. However, as John Tantillo posited in his book People Buy Brands Not Companies, "People will rarely tell you what they don't like about your brand, so you have to listen carefully to what they are saying and are not saying."
Thus, as brands invent, re-invent, and create new avatars, it is imperative to form lasting consumer-brand relationships. So, let's examine the possibilities.
[This article was published with permission from <a href="https://www.imi.edu/" target="_blank">International Management Institute.</a>]