Humberto Conference recap: Brand Z US Top 100 Brands 2018
There is a revolution going on in today’s society in how
companies and brands sell products and services to their consumers and the type
of relationship the company has with their consumer. In turn changing the way
advertising and messaging comes across in today’s world. As before it was just show the product and list it’s
features and from there you decide if you want to buy it or not. There was no
concept or storytelling in order to create a more meaningful connection and
creativity in order to break through the noise. Before the 1930s. There was not
much distraction going on. The radio was invented and the television was not
far off.
The major breakthrough came when Edward Bernays the father
of public relations made major breakthroughs implementing psychology into his
methods. His notable clients were P&G and many in the tabacco industry.
These was an early revolution into how companies viewed and sold their products
and services. Now jump forward to the 21st century. From the
80s all the way until about 2012 there was a steady and clunky implementation
of digital into what was the traditional Ad campaigns. It was still heavily
dominated by print and tv spots. It wasn’t until the rise of social media that
things really evolved and revolutionized the way brands have a relationship
with their consumers.
Brand Z US Top 100 brands of 2018 was an interesting
conference to attend. It was held in the New York Stock Exchange. The
conference was about all the top US brands in 2018 according to Brand Z which
was hosted by WPP. Using the data that has been compiled and explaining the
insights and hidden truths to why a certain brand is successful and if it can
be emulated.
The speaker at the beginning was Tim Wragg CEO of Kantar’s Insight
Division North America as the introductory speaker. As he spoke he said a very interesting quote “The US is definitely the land of the risk
takers… where fortune favor the brave and the creative and the people who go
out and do those things” This statement rings true today. As the internet rose
and gave rise to e-commerce and social media. Those brands at the beginning were
pioneers going through uncharted territory. Exploring new horizons. Amazon for
example was just an online bookstore.
Through Amazon’s mistakes and breakthroughs that they
learned throughout their history has now made it one of the most successful and
recognizable brands in the world. Google
can be another example of exponential growth with how they connect with the
consumer. The Google brand is now so synonymous with information gathering and
searching that it is now a verb. “just google it” It is part of our everyday
life when we need to search for something on the internet. All we say is just
google it.
As the conferences went on they showed video of the top 100
brands on a global scale for each country brand z keeps record of. It was very
interesting to see how some brands are in the top internationally. One of the
presenters talked about politicians and how they are essentially brands
themselves. One quote that really stood out for me was “world's most loves
politician now is Justin truedeu and I think we're beginning to see a new era a
new genre a new generation of politicians emerge on the stage the game
are much more socially aware and that's something that we as brands have to be
also aware” Just as politicians need to be socially aware, Brands need to be as
well. Brands are getting so big and have such influence in the social sphere
that things that they do will be looked at through a microscope. Today people
will be loyal to brand that align with their values.
One of the panelist was the owner of the oral care product
Hello. His approach to his brand was to create that emotional connection and
personal attention to redefine personal care. “really part of our give back.
Our give back is making better products they’re as natural we can make them and
that is really worth it that everybody can afford, yeah, that's a big part of
it so we think that is a big emotional connection the way we engage how engage
where we engage” Brands are part of society and can help be a change for
good. Aligning with good values and being socially aware in the world around
them and how they speak to their consumers.