Market Research, Advertising and Brand Management | Storybrand Consulting

As trust in media experts declines, consumers are listening to each other

As trust in media experts declines, consumers are listening to each other
From movies, to cars, to fashion. Consumers aren’t listening to experts. Smart marketers are helping customers listen to each other.
 
Just a few examples of the disconnect:
 
The Super Mario Bros. Movie (Universal Pictures):
- Metacritic: 46/100.
+15th biggest box office ever: $1.35B global.
 
Tesla:
-There’s so much newsmedia hate, Wikipedia aggregated some of it into a 10,000 word standalone page: “Criticism of Tesla, Inc.”
+Tesla US sales are booming, almost double BMW in 2023. Industry leader in brand loyalty.
 
Abercrombie & Fitch Co.:
-Fashion editor criticism was followed by last year’s Netflix harsh docu on A&F’s “Rise & Fall.”
+A&F stock is up 200% in 5 years. Revenue up in '23, to nearly $4B.
 
Why the disconnect?
 
Sinking trust in the corporate news media is just part of the story.

Smart marketers are winning with Competitive Socializing

Smart marketers are winning with Competitive Socializing

With high satisfaction levels in so many categories, product trial is often the only way to get customers to switch brands. But motivating trial isn’t easy.

People don’t enjoy physical retail shopping like they did before Amazon came along. So what should marketers do?

Post pandemic, people want to socialize in-person and create fun, social content. This is what’s driving interest in “eatertainment” spaces with updated, physical games like pickleball, darts, skeeball, shuffleboard, etc.

Chicken N PickleFlight ClubAceBounce. The commercial real estate industry classifies these businesses as “Competitive Socializing.”

Now sports and enthusiast brands are taking advantage of competitive socializing, to create fun trial experiences.  Here are 3 examples...

Ev startup brands are giving us a peek into the future of DTC car marketing

Ev startup brands are giving us a peek into the future of DTC car marketing

As US states allow EV startups to sell directly to consumers, brand activations like pop-up retail, road shows and local showrooms are building momentum. 

In a KPMG study released last year, nearly half of global automotive executives think that most of new-vehicle sales worldwide will be directly to consumers from the manufacturer, by 2030.

So automakers will need to connect directly with consumers.  And local brand activations are looking like a great solution.