Marketing Australia – February-March 2019

(Nancy Kaufman) #1
MARKETING 2019

14 FEATURE


Can authentic


brands handle


the truth?


Spend an hour at any marketing conference and you’re sure to hear the word
‘authenticity’ used multiple times in keynotes and panel discussions. In the last
decade, authenticity has become one of the biggest buzzwords in brand. But is an
authentic brand the same as a truthful one? Is there a difference? And, if so, how
does it impact marketers and those being marketed to?Fiona Killackeyinvestigates.

Every marketer knows that consumers pass through
three key stages when building loyalty with a brand:


  1. know

  2. like, and

  3. trust.
    It’s this last stage that’s the hardest to cultivate and the
    easiest to destroy. We have all witnessed brands we once
    loved fall by the wayside when a lack of trust dislodged
    their once stable ground. Likewise, we have seen brands we
    didn’t immediately notice rise to a place of prominence by
    being continually true to their word, even when fi nancial
    pressures could have led them in other directions.
    But what actually makes a brand trustworthy and
    is an authentic brand one you can always trust? Does
    authenticity equate to trustworthiness or are the two
    completely diff erent brand traits?
    The word authentic has been used perhaps more
    than any other word in the last decade, when it comes
    to ways for marketers to explain their brand message or
    ideal connection with customers. 'We always strive to be
    authentic' is as overused as 'We know our customers seek


authenticity so that’s what we’re delivering'. But what does
authenticity really mean? The textbook defi nition for
authentic is to be “of undisputed origin and not a copy;
genuine”, but also to be “representing one’s true nature or
beliefs”. It’s with this latter defi nition that marketing can
get muddy. In the last decade we have witnessed a backlash
against brands that appear inauthentic, as well as a surge of
brands eager to show the people and processes behind the
business as a way of appearing genuine and relatable.
In February 2018, while speaking at the Consumer
Analyst Group New York (CAGNY) industry conference,
Emmanuel Faber, CEO of Danone said, “Consumers are
looking to pierce the corporate veil... to look at what’s
behind the brand... The guys responsible for this are the
Millennials.”

WHY DO MILLENNIALS CARE?
Millennials, those born between the 1980s and early
2000s are now one of the most powerful consumer groups
in the world. They are also living their lives in ways not
seen before – choosing to forgo career-long employment

marketingmag.com.au
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