Coming home from Sydney, Paul and I were talking about ‘moments of truth’. One of the great ironies, and frustrations, for many brands is that reputation must be built over years, but can be lost in a tiny fraction of that time – seconds. All because of an action or a word, a misunderstanding or an expectation that may or may not even have been reasonable in the first place.
We’d all like to think we have a greater understanding of what’s ahead than we do. And while some ideas may seem more credible than others, the fact is that people make predictions and indeed projections every day that may, or may not, be right. In fact, markets depend on it. Without opinion, emotion and uncertainty, they’d be no derivatives market for example, because they’d be no motive for volatility, which is, after all, the lifeblood of trading. We want our brands to be predictable too. We want to know where they’re heading. And yet, at the same time, we need them to be refreshing and interesting. A strange alliance To me, the art of branding is pinpointing what must change versus what must stay still. It’s a strange alliance of familiarity, response and initiative. Familiarity – enough of what we know about a brand needs to remain consistent enough for long enough for us to recognise it and treasure it. This is the bedrock. Change at this level happens very infrequently. Response – markets …
Over tea with Alex in the sun a couple of afternoons ago, we got talking about what you can count on in a market, and what you can observe but not necessarily depend on. I’ll leave it to Alex to share the specifics of what she talked about in her own inimitable way, but our conversation did get me thinking about the different kinds of customers that brands have today because in the face for scale, it’s easy to confuse the different levels of interest and loyalty. Let’s start with what happens when you get waves of visitors. It’s tempting to have your head turned by the massive numbers that can swarm a post, a thought, an idea, a product. Suddenly your metrics are through the roof and your mentions are running like ticker-tape. You are the talk of the world, and the temptation of course is to think you’ve made it. You have their front of mind. But that space is mercurial, and attention – one the Holy Grail of marketers – is now …
A very different post today – not about brand as such or business necessarily, but rather how we should prioritise after a disaster. When is it time for life to get back to normal?
