So I know a lot of you have watched this Gary Vaynerchuk Keynote speech. And the one point that stuck out the most with me was him talking about the humanization of brands.
[ame=http://www.youtube.com/watch?v=df-lHqLAzj4]Gary Vee Humanization of Brands SXSW 2011 - YouTube[/ame]
He said that over the years, we have started humanizing pets more and more. And he says that Brands are moving in the same direction as strange as it sounds.
I've been trying to wrap my head exactly around what that concept means for the past couple months and how it would play out.
But then with this latest stance with Chik-fil-A, it kinda was an epiphany.
While Chick-fil-A is getting bashed by the liberal media, it is also creating a group of loyal hardcore supporters. Its Christian Conservative base will obviously grow stronger for the stance they are taking.
With Social Media growing at a rapid rate, customers are looking for ways to connect with their brands on a deeper level. And the ones that create these emotional connections with their customers stand to gain a huge competitive advantage. The ones that remain boring and apathetic will likely phase themselves out.
I also predict Chick-fil-A will shift toward slightly raising their prices knowing that they have customers that are willing to pay a premium because of their loyalty.
[ame=http://www.youtube.com/watch?v=df-lHqLAzj4]Gary Vee Humanization of Brands SXSW 2011 - YouTube[/ame]
He said that over the years, we have started humanizing pets more and more. And he says that Brands are moving in the same direction as strange as it sounds.
I've been trying to wrap my head exactly around what that concept means for the past couple months and how it would play out.
But then with this latest stance with Chik-fil-A, it kinda was an epiphany.
While Chick-fil-A is getting bashed by the liberal media, it is also creating a group of loyal hardcore supporters. Its Christian Conservative base will obviously grow stronger for the stance they are taking.
With Social Media growing at a rapid rate, customers are looking for ways to connect with their brands on a deeper level. And the ones that create these emotional connections with their customers stand to gain a huge competitive advantage. The ones that remain boring and apathetic will likely phase themselves out.
I also predict Chick-fil-A will shift toward slightly raising their prices knowing that they have customers that are willing to pay a premium because of their loyalty.