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BrandZ_2015_LATAM_Top50_Report
BrandZ_2015_LATAM_Top50_Report
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MEXICO<br />
THOUGHT LEADERSHIP<br />
TOP 50 MOST VALUABLE LATIN AMERICAN BRANDS 2015<br />
THE ROLE OF<br />
PR IN BUILDING<br />
STRONG BRANDS<br />
“Communicating Character”<br />
DANIEL KARAM<br />
President & Managing Director<br />
H+K Strategies, Mexico<br />
Daniel.Karam@hkstrategies.com<br />
In a world where more information than ever<br />
is available to consumers who use it to guide<br />
their purchasing decisions, it has never been<br />
harder for brands to gain – and hold – the<br />
trust of the public.<br />
When the public evaluates a company<br />
it does so through three main criteria:<br />
brand (what it says about itself),<br />
reputation (what others say about it)<br />
and behavior (how it acts). The lack<br />
of any of these forces will make it<br />
harder for the company to enjoy a solid<br />
reputation and long-term financial<br />
health.<br />
These factors cannot be managed<br />
independently and its intersection is<br />
what we call “Character.”<br />
Character drives perception, sales<br />
and loyalty; character inspires people.<br />
Building character means telling<br />
real stories that make an emotional<br />
connection with the public. If brands<br />
fail to make that connection they will<br />
lose its attention and trust.<br />
HOW DO WE DO THIS?<br />
Here “content” is king. Brands used<br />
to push messages. Now they must<br />
communicate character. A great brand<br />
is a human story and stories are what<br />
“communicating character” is all about.<br />
In this new age of transparency,<br />
consumers are hearing about brands’<br />
reputations and learning through the<br />
experiences of their peers, rather<br />
than crafted brand messages through<br />
advertising. This shows not just a<br />
growth in interconnectedness, but also<br />
a decline in trust in paid media.<br />
It’s necessary to engage the public<br />
in a broader story about a brand’s<br />
character, sharing its specific<br />
commitments for responsible behavior<br />
and engaging in an honest dialogue<br />
with consumers, who believe that<br />
brands with strong character are<br />
trustworthy and care about their<br />
products and their customers.<br />
NOW IT'S PERSONAL<br />
They’re looking for the equivalent of<br />
a personal connection. They want<br />
brands to transparently communicate<br />
their efforts to be responsible. And<br />
as character is what defines a brand,<br />
those who communicate it in a<br />
consistent and authentic way cannot<br />
only prevent crisis, but will create<br />
stronger connections with the public<br />
that will ultimately improve their image<br />
and financial value.<br />
According to the findings of<br />
a survey conducted by H+K<br />
Strategies, examining the impact of<br />
communicating character on public<br />
opinion, nine out of ten people believe<br />
that companies need to do more<br />
to bring their behaviors in better<br />
alignment with their publicly stated<br />
values. Beyond that, nearly half of<br />
them think that companies’ behaviors<br />
are out of alignment with the values<br />
they publicly promote.<br />
We must bear in mind that these<br />
authentic stories will compete with all<br />
the other information consumed by<br />
the public. The brand’s character must<br />
therefore reach people through all the<br />
available media platforms such as<br />
mobile devices, laptops and traditional<br />
media channels.<br />
In summary, leading companies need to<br />
carefully manage brand, reputation and<br />
behavior in order to understand that<br />
any disharmony in these elements can<br />
severely damage public perceptions of<br />
their character. And beyond this, we<br />
strongly believe that communicating<br />
character is an important part of<br />
playing offense in today’s business<br />
environment, and a way to stand out<br />
from competitors.<br />
Hill+Knowlton Strategies is a leading<br />
global strategic communications<br />
consultancy, providing services to local<br />
and multinational clients worldwide. The<br />
firm is globally headquartered in New<br />
York City, with 88 offices in 49 countries<br />
- including 13 offices in the US. Led by<br />
Global Chairman and CEO Jack Martin,<br />
Hill+Knowlton Strategies serves as a<br />
trusted advisor to clients, developing<br />
and executing communications<br />
campaigns and business strategies to<br />
manage the impact of the public on an<br />
organization’s reputation, brand and<br />
bottom line.<br />
www.hkstrategies.com<br />
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