Takeaways from Ad World, Part 2: Brand Authenticity is (Still) King
In continuation of the core takeaways from Ad World, I'm focusing on another specific topic that stood out to me: brand authenticity. This is something I've written about before but it's an evergreen topic in our industry because it's a concept that any business can – and should – strive for. As we continue this exploration into what makes brands successful, let's dive deeper into why mastering brand authenticity is key for any business seeking sustainably long-term growth.
Why Brand Authenticity Matters
In an era where companies are constantly striving for unique brand identity, it's becoming more and more crucial to ensure that your message is authentic and relatable. Customers value transparency and when they sense inauthenticity or mismatch, it will drive them away. I've said it before but it's key to remember: consumers are smart. They are astute enough to know if a company claims to have certain values on their website but fails to live up to those standards in the rest of their operations. As a brand marketer, understanding how important authenticity is should guide how you shape and create your message - only then will you be able to capture potential customers’ attention and trust.
Defining Your Brand's Purpose
Brand purpose is essentially a brand’s purpose for being, beyond making money. It is becoming increasingly important in an age where customers are using brands as a part of their own identities, to represent the future that they want to live in. This is especially true for Gen Z, a generation that prizes social responsibility and environmentalism when making purchasing decisions. If a company’s practices don’t match up to the values they project, not only will there be a tremendous hit to brand value but customers will begin to doubt the brand’s legitimacy and trustworthiness. As Antonis Kochelias, the CEO of Ogilvy, put it: “The brands are not a destination anymore. Brands are companions. Brands are entities that are helping us to live our lives as we want to live them, not as the brands’ aspires to live.”
How to Embrace Authenticity Over Traditional Marketing Tactics
Ad World provided us a glimpse into the brave new world of brand authenticity, where businesses are abandoning traditional tactics that focused on product promotion and instead embracing meaningful connections with their audiences. What's being celebrated is how brands recognize that being genuine and transparent in their communication is far more effective than any other modern marketing strategy. This means creating content driven by purpose, not profit; actively engaging in charitable activities to reinforce their commitment to causes; and treating their employees with respect, providing them living wages and promoting a strong work-life balance. When brands embrace these values, they build trust with consumers who feel comfortable aligning themselves with a brand that reflects those standards. Transparency, purposeful content, and good deeds are some of the key drivers of success for the modern-day company.