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HOW BELIEFS AND TRUST DRIVE
BRANDING AND BUYING

 Barry Gesserman, President
 BirthAgent Marketing, LLC
Premise

• The ‘recovery’ may never come.
• Deeper marketing framework needed.
• You must act.
• What you can do.
Buying has always been about needs,
wants and solutions to problems.
Traditional approach       Alternative approach
• Communicate benefits,    • Leverage beliefs to
  supported by               gain trust and build an
  attributes, desired by     enduring relationship
  the target market.         with your customers.
Buying has never been about data and
claims, especially now.
Information has its limits.
• Too much….. overwhelms us.
• Contradictory…. confuses us.
• Claims lack credibility.



     Tommy’s Toyota #1
   in the Delaware Valley!
Beliefs drive how we process information.
Based on
• Our own experiences, bias or self-interest
• The experiences of friends and family
• Social media & reviews
• What others believe
• What others will think


Established beliefs enable us to function.
• A framework of understanding.
• Make decisions efficiently.
• Reduce risk or optimize outcome.
Our beliefs, not information,
drive our politics
• ObamaCare
• Global warming
• Keystone Oil Pipeline
• Raising taxes
• Teachers’ Unions
• Stimulus spending
• Government regulation of Wall Street
• Solar Energy
• Fracking
• High speed rail


                           Whom do you trust? Why?
How do your beliefs influence your buying
behavior?

• Japanese vs. American brand cars
• Store brand vs. national brands
• HUP vs. St Mary’s vs. Abington Hospitals
• Comcast vs. Verizon
• Big banks vs. local banks
• Horizon Services vs. local HVAC
• Anderson windows vs. local dealer



                              Whom do you trust? Why?
Buying is an emotional decision
          based primarily on Trust

The value of           Trust       When you share
your brand is a                    your beliefs, you
function of trust.                 build trust,
                                   because your
                                   beliefs reveal
                     Information   your motives.




                       Beliefs
Trust is creating the expectation that your
 brand will deliver at the moment of truth…
When
• The insurance company handles your claim
• You open the jar of pickles
• The dry cleaner returns your shirts lightly starched
• The AC unit lasts 15 years
• The dealer takes back leased car without charging for dings
• The jury delivers the verdict
• The IRS audits your firm
• The search results deliver what you want
• You fix or make good on a promise undelivered
Your Value Proposition:
Why People Do Business with You

                          Brand Positioning

                                 Trust

                                 Core
                                 Beliefs




 Authentic core beliefs enable and empower performance that delivers at the
 moment of truth to engender trust and support the brand positioning.
Your Brand Positioning:
an Identity, not just a logo or slogan.
• Know whom you serve,
• the unique value you offer them,
• and communicate this effectively.
A brand that captures Belief and Trust will outperform
one that depends solely on Attributes and Benefits.
  Brand positioning: Volvo is the safest car you can drive

  • Traditional Brand Platform
     • Target: higher income, suburban families with kids
     • Attributes: steel frame, sturdy construction, more air bags
     • Benefit: safety for your loved ones- survive a crash
  • Alternative Approach
    • Target: Drivers who are primarily concerned about safety
    • Belief: Volvo’s commitment to and expertise in auto safety is
      unmatched in the industry
    • Trust: Volvo is a car that will get me there safely.
The Basis of Trust: Warmth & Competence
People were the first     • What are your
brands, faces the first    intentions towards me?
logos.                        Friend or Foe?
                              Warmth

                          • Ability to carry out
                           intentions?
                              Strong or Weak?
                              Competence

                          Relational Capital Group, Chris Malone
Trust in Brands mimics trust in People




                   Relational Capital Group, Chris Malone
Matt Fisher vs. Progressive Insurance

                      Matt’s sister, Katie, was
                      killed in an auto accident in
                      2010 by a driver who ran a
                      red light.
Would this little guy turn on you?
To build trust, tell them why you do what
you do and live it daily. Authentically.
• Personal passion
• Motivation
• Principles
• Infusing this spirit in your employees
   • Turning the ‘personal why’ into the ‘corporate why’
Steve Job’s Personal Why
                 • Believed there was a
                   better, more elegant
                   way.
                 • Attracted idiosyncratic
                   artisans to work there.
                 • Delivered easy to use,
                   beautifully designed
                   products.
Tony Hsieh’s Personal Why
                 • Believed buying shoes
                   online could be a
                   superior shopping
                   experience.
                 • Hired people who
                   loved shoes and
                   helping customers.
                 • Earned trust with 365
                   day return policy.
John Mackey’s Personal Why
                 • Believes that
                   supermarket food
                   should be healthy, safe
                   and delicious.
                 • Attracts employees
                   and shoppers who
                   hold same belief, and
                   can afford the price.
                 • Created a superior in
                   store experience.
Brandon Cook with his
grandmother, dying of
cancer, called Suzanne
Fortier at local Panera
Bread in Wilton, NH for
some clam chowder.
We are bakers of bread.
We are fresh from the oven.
We are a symbol of warmth and welcome.
We are a simple pleasure, honest and genuine.
We are a life story told over dinner.
We are a long lunch with an old friend.
We are your weekday morning ritual.
We are the soft doughy insides and the
crunchy crust.
We are the kindest gesture of neighbors.

We are home. We are family. We are friends.

We are Panera.                                  500,000 likes on his mother’s page.
                                                22,000 comments on Panera page.
Why I lease Subaru’s
                     • Subaru makes the best all
                       wheel drive vehicle.
         Trust       • Rafferty Subaru is a fair,
                       competent dealer.




                     • Subaru has always made
                       only all wheel drive vehicles.
       Information   • I am an aggressive driver.
                     • Style sufficiently attractive.


                     • All wheel drive provides
                       better traction and safety in
         Beliefs       rain and snow.
                     • A company who makes only
                       AWD vehicles will do it best.
How to build trust…… and sales
Elements of competency         Elements of warmth

• Whom do you serve?        • Persona/Style
• What do you do well?      • Physical presence
• Narrow your focus?        • Behaviors
• Specialization            • Transparency
• Product differentiation   • Availability
• Scale                     • Caring Culture
• Skilled labor             • Helping, not selling
• Technology                • Your story/personal why
• Geography                 • The corporate why
Your Value Proposition:
Why People Do Business with You

             Brand Positioning

                  Trust

                  Core
                  Beliefs
Thank you!
• Barry Gesserman
• BirthAgent Marketing, LLC
• barry@birthagent.com
• M: 610.304.2371

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How beliefs and trust drive branding and buying decisions

  • 1. HOW BELIEFS AND TRUST DRIVE BRANDING AND BUYING Barry Gesserman, President BirthAgent Marketing, LLC
  • 2. Premise • The ‘recovery’ may never come. • Deeper marketing framework needed. • You must act. • What you can do.
  • 3. Buying has always been about needs, wants and solutions to problems. Traditional approach Alternative approach • Communicate benefits, • Leverage beliefs to supported by gain trust and build an attributes, desired by enduring relationship the target market. with your customers.
  • 4. Buying has never been about data and claims, especially now. Information has its limits. • Too much….. overwhelms us. • Contradictory…. confuses us. • Claims lack credibility. Tommy’s Toyota #1 in the Delaware Valley!
  • 5. Beliefs drive how we process information. Based on • Our own experiences, bias or self-interest • The experiences of friends and family • Social media & reviews • What others believe • What others will think Established beliefs enable us to function. • A framework of understanding. • Make decisions efficiently. • Reduce risk or optimize outcome.
  • 6. Our beliefs, not information, drive our politics • ObamaCare • Global warming • Keystone Oil Pipeline • Raising taxes • Teachers’ Unions • Stimulus spending • Government regulation of Wall Street • Solar Energy • Fracking • High speed rail Whom do you trust? Why?
  • 7. How do your beliefs influence your buying behavior? • Japanese vs. American brand cars • Store brand vs. national brands • HUP vs. St Mary’s vs. Abington Hospitals • Comcast vs. Verizon • Big banks vs. local banks • Horizon Services vs. local HVAC • Anderson windows vs. local dealer Whom do you trust? Why?
  • 8. Buying is an emotional decision based primarily on Trust The value of Trust When you share your brand is a your beliefs, you function of trust. build trust, because your beliefs reveal Information your motives. Beliefs
  • 9. Trust is creating the expectation that your brand will deliver at the moment of truth… When • The insurance company handles your claim • You open the jar of pickles • The dry cleaner returns your shirts lightly starched • The AC unit lasts 15 years • The dealer takes back leased car without charging for dings • The jury delivers the verdict • The IRS audits your firm • The search results deliver what you want • You fix or make good on a promise undelivered
  • 10. Your Value Proposition: Why People Do Business with You Brand Positioning Trust Core Beliefs Authentic core beliefs enable and empower performance that delivers at the moment of truth to engender trust and support the brand positioning.
  • 11. Your Brand Positioning: an Identity, not just a logo or slogan. • Know whom you serve, • the unique value you offer them, • and communicate this effectively.
  • 12. A brand that captures Belief and Trust will outperform one that depends solely on Attributes and Benefits. Brand positioning: Volvo is the safest car you can drive • Traditional Brand Platform • Target: higher income, suburban families with kids • Attributes: steel frame, sturdy construction, more air bags • Benefit: safety for your loved ones- survive a crash • Alternative Approach • Target: Drivers who are primarily concerned about safety • Belief: Volvo’s commitment to and expertise in auto safety is unmatched in the industry • Trust: Volvo is a car that will get me there safely.
  • 13. The Basis of Trust: Warmth & Competence People were the first • What are your brands, faces the first intentions towards me? logos. Friend or Foe? Warmth • Ability to carry out intentions? Strong or Weak? Competence Relational Capital Group, Chris Malone
  • 14. Trust in Brands mimics trust in People Relational Capital Group, Chris Malone
  • 15. Matt Fisher vs. Progressive Insurance Matt’s sister, Katie, was killed in an auto accident in 2010 by a driver who ran a red light.
  • 16. Would this little guy turn on you?
  • 17. To build trust, tell them why you do what you do and live it daily. Authentically. • Personal passion • Motivation • Principles • Infusing this spirit in your employees • Turning the ‘personal why’ into the ‘corporate why’
  • 18. Steve Job’s Personal Why • Believed there was a better, more elegant way. • Attracted idiosyncratic artisans to work there. • Delivered easy to use, beautifully designed products.
  • 19. Tony Hsieh’s Personal Why • Believed buying shoes online could be a superior shopping experience. • Hired people who loved shoes and helping customers. • Earned trust with 365 day return policy.
  • 20. John Mackey’s Personal Why • Believes that supermarket food should be healthy, safe and delicious. • Attracts employees and shoppers who hold same belief, and can afford the price. • Created a superior in store experience.
  • 21. Brandon Cook with his grandmother, dying of cancer, called Suzanne Fortier at local Panera Bread in Wilton, NH for some clam chowder. We are bakers of bread. We are fresh from the oven. We are a symbol of warmth and welcome. We are a simple pleasure, honest and genuine. We are a life story told over dinner. We are a long lunch with an old friend. We are your weekday morning ritual. We are the soft doughy insides and the crunchy crust. We are the kindest gesture of neighbors. We are home. We are family. We are friends. We are Panera. 500,000 likes on his mother’s page. 22,000 comments on Panera page.
  • 22. Why I lease Subaru’s • Subaru makes the best all wheel drive vehicle. Trust • Rafferty Subaru is a fair, competent dealer. • Subaru has always made only all wheel drive vehicles. Information • I am an aggressive driver. • Style sufficiently attractive. • All wheel drive provides better traction and safety in Beliefs rain and snow. • A company who makes only AWD vehicles will do it best.
  • 23. How to build trust…… and sales Elements of competency Elements of warmth • Whom do you serve? • Persona/Style • What do you do well? • Physical presence • Narrow your focus? • Behaviors • Specialization • Transparency • Product differentiation • Availability • Scale • Caring Culture • Skilled labor • Helping, not selling • Technology • Your story/personal why • Geography • The corporate why
  • 24. Your Value Proposition: Why People Do Business with You Brand Positioning Trust Core Beliefs
  • 25. Thank you! • Barry Gesserman • BirthAgent Marketing, LLC • barry@birthagent.com • M: 610.304.2371