S2. Ep 21: Dr. Emmanuel Probst, The Art and Science of Brand Transformation
Aug 24, 2023
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Dr. Emmanuel Probst, Global Lead, Brand Thought-Leadership at Ipsos, discusses the dynamic nature of brands and the power of brand equity, the role of DTC consumption, and the importance of balancing performance marketing with brand strategy. He also explores the loneliness of consumption and the power of meaningful brands.
Brands need to adapt dynamically to cultural shifts and co-construct their narrative with the audience.
A balanced approach to performance marketing and brand strategy is crucial for establishing meaningful connections with customers and driving long-term loyalty.
Deep dives
The Power of Brand Transformation
The podcast episode features Dr. Emmanuel Probst, author of the book 'Assemblage: The Art and Science of Brand Transformation.' Dr. Probst emphasizes the evolving role of brands in making a positive impact on people and the world. Brands are no longer static; they need to adapt dynamically to cultural shifts and co-construct their narrative with the audience. The episode explores the importance of brand equity and how brands can differentiate themselves and establish loyalty. Dr. Probst also delves into the concept of small brands and their ability to offer authentic and relatable experiences. Finally, the discussion touches on the significance of direct-to-consumer brands, the need for a balanced approach to performance marketing and brand strategy, and the value of establishing meaningful connections with customers.
The Role of Brand Thought Leadership
Dr. Probst discusses his position as the Global Leader of Brand Thought Leadership at Ipsos, one of the largest market research agencies in the world. He highlights the importance of creating, disseminating, and monetizing ideas with client partners, media outlets, industry associations, and universities. His role involves helping clients measure and optimize the performance of their brands, emphasizing the dynamic nature of brand and consumer market research. He also teaches consumer market research at the University of California, Los Angeles and shares insights from his latest book, 'Assemblage,' which focuses on building brands that make a positive impact on people and the world.
Balancing Commerciality and Brand Building
The podcast explores the balance between commercial goals and brand building strategies. Dr. Probst emphasizes that while performance marketing is important for driving immediate sales, it is not a long-term brand-building strategy. Brands should aim to differentiate themselves, establish a unique identity, and command loyalty and premium. He acknowledges that marketers should always consider what is commercially valuable, but also underscores the need for a brand strategy that goes beyond short-term performance. The discussion challenges the notion that marketers need to think less commercially, highlighting that commerciality is at the heart of decision-making, but needs to be balanced with brand differentiation and long-term vision.
Creating Meaningful Brands in a Changing World
Dr. Probst examines the evolving role of brands in today's society. He emphasizes the need for brands to make a positive impact and contribute to areas such as sustainability, society, governance, and education. By demonstrating purpose and aligning with audience expectations, brands can foster loyalty, advocacy, and a sense of community. The podcast highlights the power of brand equity and its ability to differentiate products in a crowded market. It also emphasizes the importance of balancing performance marketing with brand strategy, as well as the value of co-constructing the brand narrative with the audience. Finally, the podcast explores the impact of consumption on individuals' sense of loneliness, highlighting the need for brands to provide more meaningful and fulfilling experiences.
This episode is with Dr. Emmanuel Probst Global Lead, Brand Thought-Leadership at Ipsos, adjunct professor at the University of California at Los Angeles where he teaches consumer market research.
Emmanuel writes about consumer psychology for numerous publications like the WSJ and USA today, he is best selling author of the book brand hacks. And he is out with a new book called “Assemblage the art and science of brand transformation”
In this episode we discuss
the commercial role that marketers play in this world.
The dynamic nature of brands,
how and what brands can and cannot control
the power of brand equity.
How and if small is the new big (and what that actually really means)
The role of DTC
Consumption, and how we marry responsibility with profit.
To contact Emmanuel or buy his book go to https://www.emmanuelprobst.com/