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Love is... good businessLove was the subject of Sandy Thompson's speech at the annual Financial Mail Adfocus conference in Sandton this week. Regional planning director, Asia, for Saatchi & Saatchi, Thompson explained that while a "Lovemark" may be a great brand, not all great brands will be Lovemarks.
Lovemarks, developed by Saatchi, changes the way you work with your clients and build brands. Lovemarks transcend traditional brand building, playing to your heart and mind. The emotive element is high and there is a connection and response with and from the consumer. Thompson explained that 'love' doesn't usually form part of the business environment - "but we help consumers fall in love with your product". The fact is that the deeper the Internet penetrates, the more informed the world will become! Consumers expect change... newer, brighter, whiter, faster, etc... but consumers are not unhappy with what they are provided with, ie, Crest Toothpaste had 62 variants on shelf at one point and when they made a decision to take 22 away, consumers actually thought they had more choice, not less, she explained. On average, we are exposed to over 200 brand messages a day and women are exposed to more than men, said Thompson, but the interesting thing is that none of them stick. The fact is we filter out what we are not interested in. At the end of the day, our families, music, TV programmes, friends, work, and so on, take priority. Brand messages are secondary. The secret, as brand managers, advises Thompson, is to stop assuming that someone is waiting to hear from you. "A Lovemark occurs at that moment in time when the logic of the wallet combines with the desires of the heart." To get a Lovemark: Main insights from Thompson's presentation on Lovemarks, included: - Passion, commitment, understanding, involvement, are key words in building a relationship between consumers and your brand. Most of the speeches at the conference will be available at www.adfocus.co.za for reading only. For more information on this speaker, go to www.lovemarks.com . About Louise MarslandLouise Burgers (previously Marsland) is Founder/Content Director: SOURCE Content Marketing Agency. Louise is a Writer, Publisher, Editor, Content Strategist, Content/Media Trainer. She has written about consumer trends, brands, branding, media, marketing and the advertising communications industry in SA and across Africa, for over 20 years, notably, as previous Africa Editor: Bizcommunity.com; Editor: Bizcommunity Media/Marketing SA; Editor-in-Chief: AdVantage magazine; Editor: Marketing Mix magazine; Editor: Progressive Retailing magazine; Editor: BusinessBrief magazine; Editor: FMCG Files newsletter. Web: www.sourceagency.co.za. View my profile and articles... |