Four Strategies for Building Stronger Connections with Consumers
As some companies across the nation reopen and resume operations with certain stay-at-home orders and regulations easing, one thing is clear: a “business as usual” mindset is no longer sufficient. The world of marketing has shifted, consumer needs have been impacted because of the pandemic and brands of all sizes need to adjust their strategies. So, as we move toward a new normal, how do we navigate this changed marketplace?
Brands and their brain trust will need to be more nimble and aim for greater empathy and relevance. Consider an even more enhanced form of customer centricity—Brand Intimacy, the emotional science that measures the bonds we form with the brands we use and love, is increasingly important as companies look for new ways to connect with consumers. This concept has grown in its importance during these uncertain times because of the financial gain it can provide companies. Our Brand Intimacy 2020 Study, which is the largest study of brands based on emotions, found that the top intimate brands in the United States have significantly outperformed brands in the Fortune 500 and S&P indices for the past 10 years.
This success stems from the bonds brands form through their ability to nurture a strong connection, anticipate needs and become an integral part of our daily lives. These insights can help marketers as they develop their reopening strategies by employing a Brand Intimacy framework to build meaningful connections with customers and other stakeholders.
Here are four ways to incorporate Brand Intimacy to enhance emotional connections between your brand and consumers in these challenging times:
At MBLM, we’ve observed a few inspiring initiatives and solutions that brands have provided throughout the pandemic as America returns to work. The following brands are top performers in our Brand Intimacy 2020 Study, and these actions will have further positive impact on their performance.
Photo: The Walt Disney Company
Following the closure of its parks and production studios, Disney has supported the community by donating surplus supplies, launching safety campaigns, sharing PSAs and providing at-home entertainment. Understanding that many families would forego their traditional holiday plans, the Mouse House chose the July 4th weekend to launch Hamilton and saw a 74% increase in downloads over the three-day period.
Despite financial challenges and the continued need for social distancing, Macy’s was determined to celebrate Independence Day with a reimagined version of its annual fireworks spectacular. The retail giant announced that for five days leading up to July 4, there would be a mini show in each borough at undisclosed locations and times to deter crowds from congregating while still providing entertainment.
From sharing its famous DoubleTree chocolate chip cookie recipe to making its bedding and pillows available on Wayfair, Hilton has helped satisfy our wanderlust from home. Now as travel begins to slowly resume, safety will remain a priority as consumers revisit their favorite hotel brands. To provide an increased sense of comfort and safety, Hilton implemented new cleaning protocols in partnership with Lysol and the Mayo Clinic. The innovative “CleanStay Room Seal” will be posted on doors to indicate the room hasn’t been touched since its last cleaning. This contactless messaging is an example of an innovative way to connect with consumers as we return to normal.
While people were spending more time at home, Nike offered free workouts on its Nike Training Club Premium app, launched fitness challenges for kids and released three new Jordan sneakers coinciding with the highly anticipated Michael Jordan docuseries, The Last Dance. The athletic brand has built an emotional connection with consumers by sharing messages of hope and encouragement throughout the COVID-19 pandemic.
The most successful companies have clearly identified customer-centric values and have focused on finding proactive solutions to the new challenges people are facing. When people feel that a brand cares about them beyond their spending capacity, they establish brand loyalty that drives their purchases. When developing a reopening strategy, focus on building greater Brand Intimacy.
Four strategies for building stronger connections with consumers
Comparing the top-performing retail brands
Exploring the strong performance of Tesla in this year’s Brand Intimacy Study