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Chick-fil-A sees a 30% increase in sales after its president comes out and
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Belief-Based Consumption: An infographic

Welcome to the Era of Belief-Based Consumption

The digital era has dramatically shifted the way people build relationships both with brands and with each other. Audiences are becoming increasingly vocal about the values, beliefs, brands, communities, and people with which they identify.

Digital tools have enabled people to find and connect with niche groups with whom they share a set of values, and have equipped them with the information needed to look beneath the surface and past the marketing message. Putting power into the hands of audiences who now collaboratively build, share, and proliferate their own meanings and stories with brands.


This shift in how people leverage their beliefs to build relationships with one another and with organizations is ushering in a new era of consumption. The era of belief-based consumption. An era where audiences increasingly want to do business with brands that believe what they believe. Effectively creating new rules for organizations looking to build deep relationships with their audiences.

For more, contact us at strategy@sonicboom.com
http://beliefbasedconsumption.com
http://sonicboom.com

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Belief-Based Consumption: An infographic

  1. 1. Chick-fil-A sees a 30% increase in sales after its president comes out and openly rejects same-sex marriage. 1 Lululemon stock grew 1300% over three years by expanding into lines of business that remain central to its core beliefs: Clean-living, spiritual cleansing, and support for local communities. 2 Warby Parker, an online eyewear brand grew 500% in one year based on its 'buy a pair, donate a pair' mission to allow everyone the ability to see and learn. 3 Louis C.K. sells one million dollars worth of digital downloads by connecting with the core values of reddit users, offering his product direct with a nominal charge. 4 WELCOME TO THE ERA OF BELIEF BASED CONSUMPTION Where people want to do business with brands that believe what they believe. The proliferation of digital tools has changed the way people build relationships. Social media has empowered audiences to connect with niche groups that share their values and beliefs, and to look beyond the marketing message. And this is transforming consumer expectations: 91% have said that a brand’s actions 74% want to know about a company’s 6 out of 10 customers would buy from toward its audience influenced their behaviours and responsibilities before the brand that demonstrates strong purchase decisions. 5 making a purchase. ethics. THERE ARE 3 KEY ACTIONS REQUIRED FOR BRANDS TO ADAPT TO CONSUMER DEMANDS: Insight Gathering Process Conduct in-depth analysis about HOW cus- Identifying and Caring for the Core Community Articulating Beliefs and Values tomers construct their online identities to Make loyal fans a voice for your brand, and Implement your brand’s beliefs and values answer WHY their cultural, political, and learn about their needs and interests to expose at every touchpoint to help impact your societal values make them love your brand. valuable marketing opportunities. growth and amplify favourable opinion. LEARN MORE ABOUT THE AGE OF BELIEF-BASED CONSUMPTION: WWW.BELIEFBASEDCONSUMPTION.COM 1: http://www.ocregister.com/articles/fil-367629-chick-company.html 2: http://www.businessinsider.com/lululemon-announces-sales-growth-slowing-2012-12 3: http://www.inc.com/eric-markowitz/3-reasons-warby-parker-is-killing-it.html 4: http://mashable.com/2011/12/23/louis-ck-million/ 5: http://www.marketingmagazine.co.uk/article/1082305/consuers-consider-brands-ethics-when-shopping-according-survey All rights reserved ©2013 Sonic Boom Creative Media Inc.

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