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Behavioral Architecture
In a universe of functional parity, H2M approaches
work on its portfolio of client's brands through
the prism of human experience. We are, in essence,
Behavioral Architects, whose main function is
design brands that are differentiated in the
consumer's mind and provide meanings beyond the
brand's functional benefits. We also remain acutely
aware that our mission is to increase
the value of our clients brands through increased
dollars in their coffers. Our mission is capitalism
at its finest. Greed is not a factor as indeed,
without profits, there is no economy. The process
of designing brands to outsiders may appear
circuitous at times, but years of very smart
people and years of marketing research agree:
it's a daunting task that requires insight, creativity,
discipline, consistency and performance.
It demands as much faith in intuition as it does
facts. Branding is a very human endeavor that
does not allow for shortcuts and tricks. Pandering
will kill your brand. Over promotion will decrease
your margins and without constant care and feeding
will kill it.
A Brand Is A License To Charge A Premium
Good brands also facilitate
the willing suspension of belief. Just think
about how the power of a brand can actually allow
you want to believe one athletic shoe is better
than another. Or that one hamburger is really tastier
than another. As we move undifferentiated offerings
towards a distinct differentiation, consumers experience
the change and reward the experience with a willingness
to pay a premium and repeat purchase over time.
And just how powerful are brands? Brand names are
among children's earliest lexical acquisitions.
M&M's are right up there with momma and papa.
What child doesn't know what a Happy Meal™ is
instead of the capital of Vermont? Brands live
so much closer to home that we often take their
power for granted.
The brand giants of yesteryear clearly understood
that a brand transcends the product or service
it portrays. The best brands become cultural
touchstones.We don't "tape" tv anymore, we Tivo™ it,
even though Tivo is a brand name and not a verb.
We "verbize"
to coin a word. Brands that become icons for the
things we rely on in life. They become mental and
emotional shortcuts to the things we need and desire
in our rich personal lives. They also imbue our
social activities with meanings well beyond the
artifacts of the product offering itself. We use
brands to tell others and ourselves who we are.
And no, it's NOT shallow, as these symbols of affluence,
economy etc have evolved from human activity which
always reflects our deeper inner yearnings, whether
we consciously are aware of them or not.
Brands And Risk Avoidance
H2M's psychological approach to brand design
and implementation is always based on
sound psychological principles. For instance,
one of the most formidable obstacles for
buyers is fear of loss. Buyers always favor
known and familiar alternatives. Of the hundreds
of brands of dish soap, they will usually
only buy from out of 3-5 brands
at the most, which, in marketing terms, is
called the 'considered set'. The untried
alternative is risky and buyers will pay
a premium JUST to avoid the risk.
One of the major strengths of a strong brand
position is that it allays the fear of loss
through familiarity. Familiarity builds trust.
Tangiblizing The Brand
In our post-industrial
age, most of the brands we become aware of
are experiential brands, which means they
must be experienced first before a judgment
can be made about how well they perform and
meets needs and expectations. For example,
an automobile may be experienced before
purchase by test driving it or
visiting a showroom and sitting in the vehicle.
An Italian restaurant, however, can not be
'trialed' in the same way without a purchase.
Neither can a law firm nor a beautician.
Once a purchase has been made for a trial,
expectations rise accordingly and it becomes
even more imperative that the customer enjoys
a positive experience with the brand, as
a true 'loss' will have occurred if they
don't. They have lost their money on an experience
that did not live up to expectations.
Study after study shows consumers make their
choices more for avoiding a loss than for
making a gain.
Win/Loss Orientation
Self-regulatory focus describes
how a person's internal motivations regulate
their consumption patterns. Most people either
use a promotion
focus
or a prevention focus when they approach different
consumption possibilities. A promotion focus is
used when one is looking for a desirable outcome,
a gain, when purchasing. On the other hand, a prevention
focus is utilized when trying to avoid a loss.
These are very important distinctions because the
individual's win/loss orientation affects their
behavior dramatically. If we use automobiles again
as a demonstration, we would note that a Dodge
Ram with a Hemi is geared towards a promotion orientation;the
gain of a big, strong truck. On the other hand,
Volkswagen is now appealing to a prevention orientation
when it shows an unexpected traffic accident and
the passengers remain unhurt. This approach appeals
to those wishing to avoid a loss.
Follow this link to more Behavior Architecture information.
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