Brands are using scent as a marketing tool, but will it work? The hosts discuss the power of scent and sound in marketing, including custom fragrances and sonic logos. They express skepticism towards the effectiveness of scent marketing and explore the challenges of capturing people's attention.
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Quick takeaways
Brands are exploring the power of scent to create unique associations with their brand, but implementing it effectively in a digital world poses challenges.
Sound-based marketing, like sonic logos, can enhance brand recognition when executed consistently and in line with the brand's identity, but many companies struggle with achieving this consistency resulting in low recognition rates.
Deep dives
The Power of Scent: Brands' Experimentation
Many brands are exploring the power of scent as a marketing tool, aiming to create scents that resonate with customers and evoke positive associations. While scent is known to have a strong impact on memory and emotions, implementing it effectively poses challenges. Companies such as Mastercard have commissioned custom fragrances for their experience centers, aiming to create a unique scent tied to their brand. However, skeptics question the practicality and desirability of associating scents with certain products or brands, and how these scents can be experienced in a digital world.
The Limited Success of Sonic Logos
Brands have also delved into utilizing sound as a way to enhance recognition and create memorable experiences. Companies like Netflix have successfully implemented sonic logos, with 81% recognition, but this success is not replicated across the board. Most sonic logos have recognition rates below 33%, and for brands like Mastercard, it is as low as 14%. Consistency and clear association with the brand are vital for sound-based marketing efforts, but many companies struggle to achieve this.
Challenges and Opportunities in Utilizing the Senses
Exploring the power of senses like scent and sound presents both opportunities and challenges for brands. While scent can evoke strong emotions and memories, implementing it effectively in a digital world is a hurdle. Sound-based marketing, like sonic logos, can enhance brand recognition when executed consistently and in line with the brand's identity. However, many companies struggle with consistency, resulting in low recognition rates. Overall, harnessing the power of senses requires careful consideration and alignment with brand values to create meaningful and memorable experiences for customers.
Brands are harnessing the power of scent in an effort to lure new customers. Will it actually work? Plus: Twitter’s latest valuation, Good Burger is back, and the latest gossip with Travis Kelce and Taylor Swift.
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