Competition is fierce in today’s marketplace and brands are
in a constant quest to discover their most valuable target consumers to more
effectively leverage their marketing dollars. Attributes like brand loyalty and
level of usage can be matched with household composition and attitudes. But the
secret sauce that can make or break a campaign is not only being able to target
a consumer but also activate based on that audience.
New methods have been developed to analyze the available media
options for brands. Some specifically locate the best media to reach consumers
who are more likely to engage with the marketing message. Post purchase, there
are validation analyses to measure the efficiency and success of the buys, from levels of attention,
length of views and sharing of messages.
The Importance of Emotional Attachment
But marketers
are discovering that one of the pivotal attributes to a brand's success is in its
level of emotional attachment with the consumer. Gary Reisman, Founder and CEO, LEAP Media Investments, and an
expert in ascertaining the level of emotional attachment that consumers have
with a brand, states that, “Emotional Attachment to a brand is actually at the top of the consideration pyramid
and drives other favorable behaviors that marketers seek in their advertisings
performance and effectiveness. Emotionally
attached consumers form the most highly profitable ‘advertising-rich’ sector of
a customer base.”
According to Reisman, there are three core groups of
consumers for any particular brand:
1. The Enthusiasts
have the greatest emotional attachment and are targeted to generate low hanging
fruit sales and advocacy,
2. The more moderately attached Conquests who are used to increase share among competitors.
3. The Expansions
who are used to expand the brand footprint against audiences that are less attached.
“What is so exciting today is that we are now able to build
audiences that are specifically targeted to highly engage with particular
brands,” notes Reisman, “And we are able to build audiences that are considered
‘high-potential’ as well.”
LEAP does this by using a patented process that builds scaled
audiences that are targetable in Advanced TV, Digital, Social and Mobile
platforms based on the level of Emotional Attachment they have to over 400
consumer brands across over 25 categories. “While capturing the data that
builds LEAP’s scaled audiences for targeting, it made perfect sense for us to
also develop a Brand Intelligence Database” said Reisman. The LEAP Brand Intelligence Database provides
marketers with profiles of their Brand Enthusiasts, Conquests and Expansion audiences
and its competitive strength versus other brands in their category.
Emotional Attachment in Airlines
How does
this play out in the airlines industry? Based on LEAP’s audience development, Southwest Airlines ranks number one
among Adults 18-64 in the U.S. That means that consumers are highly attached
and more likely to choose Southwest Airlines out of all seven possible airlines
that LEAP measures. LEAP found that Southwest Airlines has the highest level of
Enthusiasts by far (about one third of the consumer market are highly attached
to Southwest) than their nearest competitors Delta (#2) and American Airlines
(#3).
This bodes
well for Southwest as a significant portion of the market (over 60%) have some
level of positive brand attachment to the airline – being either Southwest
Enthusiasts or Southwest Conquest audiences.
According to Reisman, these audiences are likely to be up to 50% more
responsive to advertising for the brand.
Any brand
can leverage audiences attached to their brand, Reisman says. “We work with
marketers to incorporate LEAP audience data directly into their DMPs to inform
strategic planning and/or target these highly responsive audiences via our DSP
relationships. By using LEAP, any brand can fly high!”
About
LEAP Media Investments
LEAP builds
scaled audiences based on consumers’ level of emotional attachment to specific brands. Marketers can target their Brand Enthusiasts,
Brand Conquests or Brand Expansion Audiences.
They can also conquests among competitive brands targets – Targeting
messages toward competitor Brand Enthusiasts and Conquest Audiences. Audience- based targeting among these audiences
has be shown to be highly effective
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