There is a clear need to map the markers of charisma, awe, and aim for admiration, elevation and perhaps even brand love, writes Shubhranshu Singh in this week's Storyboard18 Simply Speaking
All brands have image, symbolism, and prestige to some degree, but charisma is quite another matter. When possessed of it, brands ascend to being icons. This is encountered but rarely understood. What is a charismatic brand personality? Is it something exclusive to luxury brands and high involvement categories? Is it possible to possess charisma without evidence? What are the behavioural attributes of charismatic brands?
This understanding is sorely needed for building sustained brand-consumer relationships and as a foundational input to brand strategy and operations. Companies build brand equity by shaping brand personalities. This encourages consumer interactions and builds relationships. Wherever brand interactions have emotionally transformative effects, certainly the brand's charisma is at play.
The dictionary defines charisma as ‘a special magnetic charm or appeal’. Most of the research on charisma has focused on individuals as charismatic leaders that create a sense of excitement among followers, build strong bonds, and ultimately possess the ability to exercise a strong influence on the values and behaviours of followers. The idea that consumers’ relationships with brands can resemble their relationships with people has increasingly become accepted in branding and consumer behaviour.
This implies that charisma creates and shapes a special relationship with the brand. Conversely, a large following and mass relationships can elevate a brand to charismatic status. To possess charisma represents a highly rated report card from consumers. These cognitive appraisals cause feelings of admiration which subsequently impact purchase behaviour.
The word 'Charisma' has Greek roots: 'Charizesthai' means to gratify, and 'charis' implies being gifted.