One of the ways through which brands can enhance their
credibility is by attending to the information needs of their consumers. We are
in the information era and consumers like to be provided with as much
information as possible. This information must, however, be presented in a
manner that enables quick understanding and spotting of the main highlights. As
more information filters online, consumers have to process large volumes of
knowledge within a short time. This has generated lower attention spans as well
as a general sense of impatience as consumers want to grasp the whole essence
of a message at a glance. Brands that are able to sift through the information
and retrieve what is most credible and relevant to consumers tend to gain
credibility. The impact of this can be explained as follows.
Firstly, the brand is able to demonstrate its understanding
of the products and services it is dealing with. Consumers do not like to deal
with amateurs. They want to be convinced that the persons they have given their
trust to know what they are doing and are willing to share their knowledge. Having
a wide knowledge about a field gives the consumer the confidence that the brand
is well-suited to deal with any issues that could be arising in the course of
their operations.
Secondly, it demonstrates trust in the ability of the
consumer to understand and assimilate the knowledge being shared. The typical
relationship between a teacher and a student is one of trust: the teacher
trusts in the students’ ability to learn and assimilate the knowledge being
shared. The student honours this trust by doing what is expected by the
teacher.
Thirdly, information sharing creates an exciting platform
for engagement between the brand and the consumers. The relationship could grow
boring and eventually fizzle out in cases where the organisation and the
consumer can only discuss the products being bought. At some point, such
conversations become monotonous and consumers become more inclined to ignore.
But when the subject of discussion is informational, engagement, questions, and
presentation of competing viewpoints becomes possible. This helps to not only
build credibility but also increase the bond as the understanding between the
consumer and the brand is enhanced.
Some of the firms that have implemented this include United
Healthcare and Cambria. The two organisations allied to create a programme
dubbed ‘the big know’ where they have been creating online courses on topics
related to their brands. This collaboration helps the brands educate consumers
on insurance packages, risk management, and issues related to kitchen equipment
and safety of use. With this approach, the consumers are supposed to gain the
confidence that the brands have trust in them and wish to inform them as much
as possible. Such brands become more credible. With credibility comes trust and
with trust comes an emotional bond between the consumer and the brand. This in
turn translates into increased value per customer and growth.
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