On a range of important dimensions, consumers are far more excited by brand experiences than traditional advertising. They consider brand experiences to be more likeable, unique and exciting. This is not a niche audience we are talking about: 80% of Americans have engaged (18%) or are interested in engaging (62%) with brand experiences, and this interest is high across all age cohorts.
These are just some of the key findings from recent research by Reach3 Insights and The Keller Advisory Group. The conclusion for marketers is clear and compelling: if brand experiences are not part of your marketing mix, they should be!
But wait ... there's more!
I have now dug deeper into the data and discovered that the group that is the most engaged with brand experiences is the segment that many marketers most covet -– consumer influentials (or what Reach3 and I have dubbed InfluenXials). These are not the paid influencers with huge followings on YouTube or Instagram, but everyday influencers -- the ones who organically share recommendations with friends and family. They do so sometimes online and other times offline, but either way their recommendations are highly valued.
When it comes to brand experiences, these InfluenXials are:
The importance of consumer influencers embracing brand experiences is severalfold:
What types of experiences do InfluenXials value most highly? They can be in person experiences, virtual experiences, or experiences that are tied to advertising thereby making the ads more valuable. Here are a few examples:
What is exciting is that there is now a way for marketers to pretest their ideas for experiential brand activations before they go to market. I have been working closely with Reach3 to develop the Brand Experience Predictor (BXP), an innovative solution to predict the performance of experiential brand activations. By pre-testing experiential activations, brands can identify and invest in the ideas that are most likely to engage consumers, create buzz and support the brand.
Every marketer I know of wants to create excitement, build emotional connections between their brand and consumers, become part of the national conversation and yes, drive brand trials.
The message from this research is clear: The most influential segment of the American marketplace is on board with brand experiences. And a large number of others are ready to follow suit. Let's give them what they want in order to reap the benefit of their excitement and advocacy.
Self-published at MediaVillage through the www.AvrioB2B.com platform.
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The opinions expressed here are the author's views and do not necessarily represent the views of MediaVillage.com/MyersBizNet.