Se ha denunciado esta presentación.
Se está descargando tu SlideShare. ×
Anuncio
Anuncio
Anuncio
Anuncio
Anuncio
Anuncio
Anuncio
Anuncio
Anuncio
Anuncio
Anuncio
Anuncio

Eche un vistazo a continuación

1 de 95 Anuncio

PLANT YOUR FLAG

Descargar para leer sin conexión

The state of consumer trust, their complicated outlook, and thinking to help you solidify your consumer relationships.

THE BREAKDOWN: I've taken some high-level findings from the 2022 Edelman Trust Barometer and Accenture's The Human Paradox, and provided my insight and actionable thinking to their findings.

ABOUT ME: My name is Matt. I'm an advertising creative director with 23 years of agency experience. I believe that mass communicators have a responsibility to act as leaders. If you have the power to influence, you're inherently obligated to lead positive change.

The state of consumer trust, their complicated outlook, and thinking to help you solidify your consumer relationships.

THE BREAKDOWN: I've taken some high-level findings from the 2022 Edelman Trust Barometer and Accenture's The Human Paradox, and provided my insight and actionable thinking to their findings.

ABOUT ME: My name is Matt. I'm an advertising creative director with 23 years of agency experience. I believe that mass communicators have a responsibility to act as leaders. If you have the power to influence, you're inherently obligated to lead positive change.

Anuncio
Anuncio

Más Contenido Relacionado

Similares a PLANT YOUR FLAG (20)

Más reciente (20)

Anuncio

PLANT YOUR FLAG

  1. 1. PLANT YOUR FLAG The state of consumer trust, their complicated outlook, and thinking to help you solidify your consumer relationships.
  2. 2. THE TRUST ECONOMY
  3. 3. DISTRUST IS NOW THE DEFAULT Nearly 6 in 10 say their default tendency is to distrust something until they see evidence it is trustworthy. Another 64% say it’s now to a point where people are incapable of having constructive and civil debates about issues they disagree on. 2022 Edelman Trust Barometer
  4. 4. FAKE NEWS AND SOCIAL MEDIA None of the major information sources are trusted as a source of general news and information, with trust in search engines at 59%, followed by traditional media at 57%, owned media at 43% and social media at only 37%. 2022 Edelman Trust Barometer
  5. 5. CONCERNS OVER FAKE NEWS BEING USED AS A WEAPON IS NOW AT AN ALL-TIME HIGH OF 76%. 2022 Edelman Trust Barometer
  6. 6. A FOCUS ON FEAR Most notably, 85% are worried about job loss and 75% worry about climate change. Moreover, no developed countries believe their families and self will be better o ff in 5 years time. 2022 Edelman Trust Barometer
  7. 7. BUSINESS BECOMES MOST TRUSTED At 61%, business is the most trusted institution, ahead of NGOs at 59%, government at 52% and media at only 50%. Seventy-seven percent of respondents, however, trust “My Employer," making the relationship between employer and employee incredibly important. 2022 Edelman Trust Barometer
  8. 8. CEO: TAKE THE LEAD When considering a job, 60% of employees want their CEO to speak out on controversial issues they care about and 80% of the general population want CEOs to be personally visible when discussing public policy with external stakeholders or work their company has done to bene fi t society. 2022 Edelman Trust Barometer
  9. 9. BUSINESS: BE THE CHANGE While business outscores government by 53 points on competency and 26 points on ethics, respondents believe business is not doing enough to address societal problems, including climate change (52%), economic inequality (49%), workforce reskilling (46%) and trustworthy information (42%). Across every single issue, by a huge margin, people want more business engagement, not less. On climate change, 52% say business is not doing enough, while only 9% say it is overstepping. The role and expectation for business is clear, and business must recognize that its societal role is here to stay. 2022 Edelman Trust Barometer
  10. 10. THE TRUST TIPPING POINT CORPORATE CARPE DIEM This, right now, is one of those rare moments in time when all the right (and wrong) forces come together, creating a perfect storm of opportunity. Today, businesses are more trusted than the government, NGOs, and the media. NGOs have been holding onto that crown for quite some time. But today, not tomorrow, next week, or next month, we need our business leaders to step up and restore trust today. TODAY societal leadership is now a central function of business leadership. TODAY business leaders must take the lead in breaking a vicious cycle of distrust.
  11. 11. NEARLY 1OUT OF 2 RESPONDENTS VIEW GOVERNMENT AND MEDIA AS DIVISIVE FORCES IN SOCIETY BUSINESS IS NOT DOING ENOUGH TO ADDRESS OUR KEY SOCIETAL PROBLEMS 48% 46% Government Media 52% 49% Climate Change Economic Inequality 46% Workforce Reskilling OPPORTUNITY 2022 Edelman Trust Barometer 2022 Edelman Trust Barometer
  12. 12. A COMPLICATED CONSUMER VIEW
  13. 13. 72% Of consumers say external factors such as in fl ation, social movements and climate change are impacting their lives more than in the past. The human paradox: Accenture
  14. 14. 60% Of consumers say their priorities keep changing as a result of everything going on in the world. The human paradox: Accenture
  15. 15. 43% Of consumers say technology advancements have complicated their lives just as much as they have simpli fi ed things. The human paradox: Accenture
  16. 16. Customers prioritize themselves but want to e ff ect change for others Even as up to 66% of consumers say their decision- making is driven by their own needs, 72% feel they can personally impact the world and their communities through behaviors and buying choices. Customers prioritize values but not at the expense of value More than half of consumers say the pandemic motivated them to adopt a more sustainable lifestyle, 22 but up to 65% say price increases have led them to select lower-cost brands on recent purchases. The human paradox: Accenture
  17. 17. They’re taking things into their own hands but also want companies to hold their hand Though they are feeling newly empowered to make key decisions on their own, as many as 67% expect companies to understand and address their changing needs during times of disruption They care about their impact but don’t know how to act on it Nearly 70% of consumers are worried about the impact of climate change on their lives24—but continue to struggle to make sustainability a top priority over other needs. The human paradox: Accenture
  18. 18. PARADOXICAL? 100 PERCENT. ARE CURRENT CONSUMER VIEWS HIGHLY
  19. 19. HIGHLY NUANCED? 110 PERCENT. AREN’T CONSUMERS INDIVIDUALS WHO ARE
  20. 20. THAT’S WHY
  21. 21. THIS MUST DIE It can be painless. It can be quick. In fact, the quicker the better. But make no mistake, dead is what this hackery must become. (Logo hidden with this random viking hat to protect the innocent)
  22. 22. (Logo hidden with this random viking hat to protect the innocent) As marketers, we have to stop making it easier on ourselves by oversimplifying the highly nuanced and complex personas of our individual consumers. Yes, this will take more work. Connecting the dots will take more time. But when you fi nd those connections, they’re going to resonate like never before.
  23. 23. The human paradox: Accenture And then there’s this …
  24. 24. The human paradox: Accenture What matters most to consumers is severely disconnected from what companies are actually doing: The human paradox: Accenture
  25. 25. THAT’S NOT A SUBTLE DISCONNECT IT’S A SYSTEMIC CULTURAL FAIL
  26. 26. CORPORATE CULTURE WHAT CULTURE?
  27. 27. CORPORATE CULTURE
  28. 28. CULT OF PERSONALITY
  29. 29. FAMOUS / INFAMOUS LARGER THAN LIFE PERSONAS POWER + CELEBRITY IMMENSE CULTURAL INFLUENCE
  30. 30. WHETHER FAMOUS OR INFAMOUS WHOLE LOTTA WHITE DUDES UP THERE (Just pointing out the obvious)
  31. 31. RISE OF THE CELEBRITY CEO The celebrity CEO is by no means an entirely new concept. Henry Ford. John D. Rockefeller. Conrad Hilton. Lee Iacocca. Jack Welch. They made headlines through their actions, words, and massive personalities. More recently, the likes of Donald Trump, Ted Turner, and Sir Richard Branson have taken this concept to new heights. Especially Branson. He truly changed the game by building a brand and then developing products around it. And in the process, he became synonymous with the Virgin brand. Hence, super celebrity CEO. And then Donald Trump became President Trump and the game was changed yet again. President Trump also helped showcase why and how today’s CEO can more easily reach celebrity status: social media. Yes, we all have access to social media platforms. But we’re not all CEOs of major corporations. In fl uence is already a tool at their disposal. Some of them just fi gured out that said in fl uence can reach far beyond the walls of their companies. And social media platforms were the primary vehicle for spreading that in fl uence. Well, that and the Celebrity Apprentice. Nonetheless, as a result, the role of the CEO has been signi fi cantly elevated in society. All CEOs are now expected to have a voice and wield their in fl uence beyond the walls of HQ. People don’t just want them to do so, they expect it. And this new dynamic isn’t changing anytime soon. It’s already the norm. Almost the status quo. Meaning, if you’re a CEO of a Fortune 500 company, you’re a celebrity. Congratulations. Now, here’s the caveat: This expectation comes with responsibility and accountability. Consumers Cleary want CEOs and their companies to help tackle some of today’s most pressing challenges and issues. Global climate change. Social and economic inequality. Workforce reselling as the entire business landscape continues to evolve. The good news is … you just have to try. Give it your very best. Succeed or not, you’re making the e ff ort. And that’s what people want to see. Of course, applicable and scalable solutions that lead to positive transformation are the endgame. But, for now, don’t let that hold you back. You’re a CEO. Overcoming challenges are your bread and butter. So just get out there and give it a go. Let consumers know what causes you care about, why they matter to you and your company, and how you’ll be addressing them. Then … ask them to help. Now they’re o ffi cially on your team. Trust is established. New brand advocates are created. Well played.
  32. 32. (Albeit a ridiculously oversimpli fi ed summary) IN SUMMARY
  33. 33. How the company/consumer relationship can feel. THEM YOU
  34. 34. This is the outdated and malignant version of corporate culture that must disappear from the face of the Earth. It’s hard to imagine this notion still exists. But it most certainly does. The ego is a powerfully sneaky foe. Keep it in check and change the dynamic for the better.
  35. 35. How you can and should make it feel. THEM YOU
  36. 36. A trusting relationship is much easier to establish when both parties feel like they’re on a level playing fi eld. They each have the same stake in the relationship. They can see eye-to-eye. And it’s always easier to trust someone when you can look them in the eye.
  37. 37. British Consumer Stop hiding behind focus groups and marketing hype, and speak to people with an honest voice. The human paradox: Accenture
  38. 38. NINE TRUST GENERATING IDEAS
  39. 39. Some of which will feel like the obvious no-brainers. But that’s the thing with some of the obvious easy wins, we all know of them, but how often do we actually act upon them? Other ideas may feel more challenging, somewhat herculean, even controversial. At least one idea does. Regardless, this is a long game. Yes, get some trust points on the board in the immediate future. Get as many as you can. But this is trust we’re talking about. And it’s a highly skeptical crowd we’re trying to win over. Trust, by nature, is a long game. It has no end. It’s eternal. Because trust can be lost a thousand times faster than it was earned. Earn trust. Maintain trust. Further trust. TRUST IS - UNEQUIVOCALLY - THE MOST VALUABLE CURRENCY IN PLAY. AND THOSE TRUST RATES WON’T BE COMING DOWN ANY TIME SOON. NINE TRUST GENERATING IDEAS
  40. 40. The emperor can keep his or her new clothes. But they should always wear their customer’s shoes to work. 1
  41. 41. Better yet, forget about any notion of acting like some entitled emperor. Remember where that got Caesar? 1
  42. 42. Understand your consumer’s pain points. Then treat those points like a villain. A villain who kicks puppies. 2
  43. 43. To be clear, we make puppy kicking villains go bye-bye as quickly as humanly possible. 2
  44. 44. If the cause is important to you, chances are, it’s important to your consumers. 3
  45. 45. Pour everything you’ve got into it. Invite your entire organization to be part of the solution and go above and beyond in enabling your consumers to become active participants. 3
  46. 46. If the cause is important to your consumers, declare all-out war on it. 4
  47. 47. Publicly apply your personal influence to address and solve the issue. 4
  48. 48. Apply your company’s native technologies, resources, products, and services to combat the issue. 4
  49. 49. Make it simple and practical for your consumers to be part of the solution. Enable them to feel like heroes. 4
  50. 50. Then make those solutions open source and scalable so more people can realize the maximum benefit of your diligent work. 4
  51. 51. Fuck politics. 5
  52. 52. Sadly, the professional politician is no longer in office to solve actual problems. Their primary objective is to get reelected. 5
  53. 53. It’s become a pathetic and divisive game. That’s why they call it playing politics. But in this game, nobody wins. 5
  54. 54. And neither will you or your company. Politics are a toxic byproduct of corporate greed and executive insecurity. 5
  55. 55. Do not indulge them. Do not enable them. Do not allow them to fester and malign your corporation. 5
  56. 56. Extinguish any hint of political gamesmanship swiftly, publicly and with steadfast ferocity. 5
  57. 57. Internal politics will lead to a total erosion of trust within your organization. And if your own people don’t trust each other, how can you expect consumers to trust anything from you? 5
  58. 58. The common phrase: You have to earn my respect. My preferred version: You have to lose my respect. 6
  59. 59. I try to never start a relationship in neutral territory. In most cases, it comes across as negative more than it does neutral. 6
  60. 60. I opt for the positive approach by starting every new relationship with immediate respect for others. It’s visceral. People feel that. As a result, they’re more likely to act in kind. 6
  61. 61. From there, actions mean everything. They always do. The individual’s actions will determine whether they lose my respect or earn even more of it. 6
  62. 62. And, for me, the more I respect someone, the more willing I’ll be to walk through fire for them. 6
  63. 63. But if I lose respect for you, well, a couple of things can happen. Perhaps it’s just a blip. Respect can always be redeemed. But if it’s a constant series of actions leading to a total deterioration of respect, chances are, we won’t be working together for long. 6
  64. 64. When it comes to your consumers, you can never have enough empathy for them. Stemming from that, you will want to bestow the highest levels of respect upon them. Even though, you’ll likely, never meet 99% of them. 6
  65. 65. Rainbow your roundtable. As in, reap the benefits of rich diversity throughout your organization. Especially at the very top. 7 *Even in ancient mythology - all white dudes at the top.
  66. 66. If you’re sitting in the C-suite, ensure your inner circle, your gallant knights in singing armor, reflect the diversity of the world around you. 7 *Even in ancient mythology - all white dudes at the top.
  67. 67. A wealth of diverse backgrounds and life experiences helps to inform more robust and well-rounded solutions. Solutions for all of your present and future consumers. 7 *Even in ancient mythology - all white dudes at the top.
  68. 68. Furthermore, when your consumers can see that your company’s leadership are comprised of people that they can personally identify with, you’re one step closer to Trust Town. 7 *Even in ancient mythology - all white dudes at the top.
  69. 69. Pick a fight with the biggest bully on your block. 8 *Image of Donald Trump used due to his well-documented bullying tactics.
  70. 70. Is there an organization, a company, an executive or leadership team you know of that plays some seriously dirty pool? *Image of Donald Trump used due to his well-documented bullying tactics. 8
  71. 71. Shady sales practices. Consumer misinformation. Disregard for the environment. Utter neglect for equity and equality in the workplace. Or they just straight-up treat their employees like crap. *Image of Donald Trump used due to his well-documented bullying tactics. 8
  72. 72. Any place or person come to mind? Yeah? Good. Pick a fight with ‘em. And do so publicly. *Image of Donald Trump used due to his well-documented bullying tactics. 8
  73. 73. Here’s why: - You’ll shine a light on some nefarious behavior that needs to end. - You’ll help consumers steer clear of bad companies and big-time stressors. - You may wind up getting a ton of resumes from highly talented individuals. - People love the person who stands up to the playground bully. - You’re not just doing the right thing, you’re righting a wrong thing. - That’s putting yourself on the line. That’s why people love the person who takes on the bully. *Image of Donald Trump used due to his well-documented bullying tactics. 8
  74. 74. There’s some interesting, yet fundamental, psychology at work here. People want to get behind organizations that do the right thing. That feeling intensifies when you also take on those who do the wrong thing. *Image of Donald Trump used due to his well-documented bullying tactics. 8
  75. 75. However, I get it. Not everyone likes to pick a fight. Avoiding conflict is a human instinct. It could be seen as an unnecessary distraction. Or even … unprofessional. *Image of Donald Trump used due to his well-documented bullying tactics. 8
  76. 76. *Image of Donald Trump used due to his well-documented bullying tactics. But I believe it’s an obligation. One to the business community that’s helped you rise through the ranks. Another to all the consumers who deserve better from corporate America. 8
  77. 77. And, this part makes me feel a little dirty, it makes for some wildfire press coverage. It’s sad, but conflict gets covered. That’s not taking advantage of the system, it’s just knowing what the system is. *Image of Donald Trump used due to his well-documented bullying tactics. 8
  78. 78. Last and most important point here: This must not be taken lightly. Only go after those who you know, deep down to your core, are taking part in malicious behavior. If you can check that box, then it’s time to start throwing haymakers. *Image of Donald Trump used due to his well-documented bullying tactics. 8
  79. 79. 9 Plant your flag.
  80. 80. This point goes last on the list not because it’s the least important, but because it is the foundation from which all endeavors must stem from and measure up to. 9
  81. 81. This, borrowing from Simon Sinek here, is your why. My take, however, is different in that I believe you must start and end with your why. It sets you off in the right direction at the onset, but it should also hold you accountable at the end of the day. 9
  82. 82. Understanding your why may indeed feel like a daunting task. It appears so deceptively simple. Yet, the simplest, most fundamental aspects of our existence can often be our most vexing. 9
  83. 83. In this case, that challenge is magnified because understanding is merely the first step. Once understood, it must be etched in stone. Making it timeless, foundational, permanent. Then it must be taken to the tallest mountaintop and proclaimed for all the world to hear. 9
  84. 84. Scary? Maybe. Probably. There are those rare self-actualized individuals who instinctively understand their purpose from day one. My grandfather was one of those rare individuals. I’ve always marveled at that. And at him. 9
  85. 85. Nonetheless, scary as it may seem, I can’t think of anything more important in life. To understand your purpose. Of course, your purpose as an individual can project onto your company’s purpose. 9
  86. 86. My situation? Well, in part, I’m putting this together to better understand my purpose. Sometimes, over time, we get a little lost. It happens. But when it does, we ought to take the time and put forth the effort to find our way. 9
  87. 87. There’s nothing wrong with getting lost. I think it’s necessary. Especially as a creative professional. If you don’t get lost, how on Earth will you find a new way? You won’t. You’ll just plod along the same beaten-down path, spitting out carbon copies of what’s been done before. 9
  88. 88. The trick lies in ensuring you don’t remain lost. Stumbling along blindly. Or worse yet, coasting. Setting the cruise control. Taking your hands off the wheel and letting life unfold at will. 9
  89. 89. If you wake up in the mornings thinking: Why am I still doing this? What’s the point? Does any of this matter? Is this meaningful? I suggest you hit the brakes and pull off the life highway. 9
  90. 90. Life isn’t going anywhere. But you’ve only got one. There are no dress rehearsals. So take the time it takes to make the one you’ve got feel like you’re getting the most out of it. 9
  91. 91. And, I think, the best way to do that is by understanding why you’re here in the first damn place. Why. Your why. Your purpose. Your only true north. 9
  92. 92. Know it. Set it in stone. Share it with the world. And now that your true north is once again restored, you can go about serving your company and your consumers with renewed ferocity, meaningful intent and highly focused effort. After all, when you know why you’re doing what you’re doing, you’ll really know why Consumers can and should trust you. 9
  93. 93. And here’s the super obvious part that oh-so easily gets overlooked: When you know why you’re doing what you’re doing, you’ll really know why consumers can and should trust you. Now that you know why you just have to show them how. Deeds, not words. 9
  94. 94. IN TRUST WE TRUST
  95. 95. AUTHOR: Matt Walker is a creative director with more than two decades of agency experience. His greatest accomplishment is realizing the tremendous power of generating trust. Also, maintaining a great sense of humor. Oh yeah, and being a dad. CONTACT: mattythinks@gmail.com MattWalker.net That’s right, dot net. Keeping it old school in cyberspace.

×