blackcoffee
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11 years ago @ Brand Related Thoughts... - Confirmation Bias · 0 replies · +1 points
If you haven't already read it, You'll likely enjoy Predictably Irrational: The Hidden Forces That Shape Our Decisions, by Dan Ariely (Professor of Psychology and Behavioral Economics at Duke University).
http://www.amazon.com/Predictably-Irrational-Revi...
Thanks for sharing.
Cheers!
Mark Gallagher
Brand Expressionist®
11 years ago @ Brand Related Thoughts... - Aspiration vs. Exagger... · 0 replies · +1 points
http://www.ted.com/talks/view/lang/en//id/848
Thanks for sharing!
Laura Savard
Brand Expressionist®
11 years ago @ Brand Related Thoughts... - Aspiration vs. Exagger... · 2 replies · +1 points
Be it ego (I want to be working on a better brand or product than the one I am) or laziness (let's face it, it's easier to promote the worlds best widget than it is the adverse widget) the incentive to exaggerate seems to outweigh the risk.
Thanks for sharing your thinking!
Cheers!
Mark Gallagher
Brand Expressionist®
11 years ago @ Brand Related Thoughts... - Aspiration vs. Exagger... · 0 replies · +1 points
I think part of the problem is that, like any system, people game the system. As was stated an earlier comment "Executives sell so hard, so early, that they begin to believe what they are selling."
Many don't even know their exaggerating (or, well… lying).
Cheers!
Mark Gallagher
Brand Expressionist®
11 years ago @ Brand Related Thoughts... - Aspiration vs. Exagger... · 0 replies · +1 points
I'd replace "…builds upon realistic honesty" with "…manages expectations," but, you're dead on!
Thanks for sharing!
Cheers!
Mark Gallagher
Brand Expressionist®
P.S.
The Federal Trade Commission Act states:
• Advertising must be truthful and non-deceptive;
• Advertisers must have evidence to back up their claims; and
• Advertisements cannot be unfair.
I wonder how many Advertisers (agencies or brand owners) have head this law.
11 years ago @ Brand Related Thoughts... - Aspiration vs. Exagger... · 0 replies · +1 points
The key for brands is to do a bit more goal setting and a bit less bragging. They'll find they have a stronger following. By setting lofty goals they manage expectations and they build a like mind following.
Thanks for sharing your thoughts!
Cheers!
Mark Gallagher
Brand Expressionist®
11 years ago @ Brand Related Thoughts... - Aspiration vs. Exagger... · 0 replies · +1 points
You couldn't be more right! We've been in that "our product is the greatest in the world" meeting too many times. Too many are focused on how to out-claim the competitor. Too few are focused on how they'll address the needs of the market in a way that no other brand can.
Some brands are aspirational, which requires a bit of humility. Others make big claims, and as Muhammad Ali said "It ain't bragging if you can back it up!" But if you can't back it up. Well… history shows consumers have short attention spans, but they have long memories and big mouths!
Thanks for your sharing your thoughts, insights and experience.
Cheers!
Laura Savard
Brand Expressionist®
11 years ago @ Brand Related Thoughts... - Aspiration vs. Exagger... · 0 replies · +1 points
Papa John's claim of "the freshest Pizza," and Dunkin's of "best coffee in America" are measurable, where as BMW's "The Ultimate Driving Machine" is centered around breadth (the versatility of the vehicle) and depth (how they excel at each of those functions). It doesn't say "we're the fastest, the most luxurious, the most technological, the most reliable." It doesn't quantify any competitive aspect of the vehicle. It says, "we are a driver's car."
But they didn't use the word car, nor automobile. Instead, BMW claims to be the ultimate "DRIVING MACHINE." I bet if their claim was measurable and they couldn't back it up the USPTO would have said "no way!"
Samuel Adams claims “Best Beer in America” because it was voted so at the Great American Beer Festival. A claim they can substantiate.
As always, you make some excellent points! Thanks for adding to the conversation.
Cheers!
Mark Gallagher
Bard Expressionist®
P.S. With the exception of the Lexus LFA, you won't likely find a Lexus at the racetrack.
11 years ago @ Brand Related Thoughts... - Aspiration vs. Exagger... · 0 replies · +1 points
As we see it, too many marketers are more focused on the promise than their ability to deliver on that promise. Many feel that they need to exaggerate because everyone exaggerates (think resumes). So it's not so much a question of individual honesty, but rather a culture (marketing as a discipline) of exaggerating to a point of dishonesty.
I love your concept of someone like Google creating an index of brand honesty. While it would likely be gamed like product reviews, Yelp or another rating system, it would provide a Universal Brand Bullshit Index (UBBI).
Always appreciate your thinking! Thanks for sharing.
Cheers!
Mark Gallagher
Bard Expressionist®
12 years ago @ Brand Related Thoughts... - Confirmation Bias · 0 replies · +1 points
Difficult-to-read font reduces political polarity: http://phys.org/news/2012-11-difficult-to-read-fo...
Disfluency disrupts the confirmation bias: http://www.sciencedirect.com/science/article/pii/...
Enjoy!
Laura Savard
Brand Expressionist®