Latest Retail Trend Report: Flawesome

The following excerpt is from article 2012 March Trend Briefing written for TrendWatching.com. View the full article. 

Definition:

Consumers don’t expect brands to be flawless. In fact, consumers will embrace brands that are Flawesome: brands that are still brilliant despite having flaws; even being flawed (and being open about it) can be awesome. Brands that show some empathy, generosity, humility, flexibility, maturity, humor, and (dare we say it) some character and humanity.

Two key drivers are fueling the Flawesome trend:

  • HUMAN BRANDS: Everything from disgust at business to the influence of online culture (with its honesty and immediacy), is driving consumers away from bland, boring brands in favor of brands with some personality.
  • TRANSPARENCY TRIUMPH: Consumers are benefiting from almost total and utter transparency (and thus are finding out about flaws anyway), as a result of the torrent of readily available reviews, leaks and ratings.

Benefit of Human Brands:

Flawesome sits as part of a bigger trend towards human brands, something that we’ve touched upon in many previous Trend Briefings: Random Acts of Kindness, Brand Butlers, Generation G, and so on.

So, while human brand might not be a ‘new’ theme, four currents are now converging to make consumers more focused on brand attitude and behavior than ever before:

  1. Consumers’ disillusionment at corporate behavior has (finally) spilled over into outright disgust. As a result, any brand that can show business in a new light will be welcomed with open arms.
    • Nearly 85% of consumers worldwide expect companies to become actively involved in promoting individual and collective wellbeing; an increase of 15% from 2010 (Source: Havas Media, November 2011).
    • Yet only 28% of people think that companies are working hard to solve the big social and environmental challenges (Source: Havas Media, November 2011).
  2. Consumers are more and more aware that personality and profit can be compatible (think Zappos, Tom’s, Ben & Jerry’s, and more). With every business that succeeds while remaining reasonable, helpful, fun or even somewhat ‘human’, consumers will become increasingly disenchanted when dealing with traditional, boring, impersonal brands.
    • Most people would not care if 70% of brands ceased to exist (Source: Havas Media, November 2011).
  3. Online culture is the culture, and inflexible, bland ‘corporate’ façades jar with consumers who live online where communication is immediate, open and raw. What’s more, people openly broadcast and share their lives online – flaws and all – and thus brands are increasingly expected to do the same.
  4. Human nature dictates that people have a hard time genuinely connecting with, being close to, or really trusting other humans who (pretend to) have no weaknesses, flaws, or mistakes – don’t assume brands are any different.

Transparency Triumph

Alongside this craving for personality sits a deluge of reviews, remarks, ratings, reports, leaks and so on, allowing consumers to benefit from near-total transparency.

And ‘transparency’ will continue to be one of the key ‘big business themes’: from frictionless sharing by individuals to the visualization of previously invisible data, prepare for a world in which everything (attitudes, prices, quality, behavior) will be completely accessible and therefore potentially outed as ‘flawed’.

So, with consumers likely to find out everything about your products, services and activities anyway, you have no option but to embrace if not celebrate them, flaws and all.

Two things to bear in mind:

  1. Flawlessness is an illusion, and indeed a harmful one. Isolated negative reviews don’t kill brands. In fact, the opposite applies: people’s trust in positive reviews appearing alongside them increases. Consumers aren’t stupid: they know that no products will satisfy everyone all of the time. Some stats:
    • 68% of consumers trust reviews more when they see both good and bad scores, while 30% suspect censorship or faked reviews if their aren’t any negative comments or reviews (Source: Reevoo.com, January 2012).
    • Shoppers who go out of their way to read bad reviews convert 67% more than the average consumer (Source: Reevoo.com, January 2012).
  2. Things will go wrong. While consumers have never been able to complain more vociferously, brands too can react and respond. If handled well, even flaws can be made flawesome and reputations mended if not made.
    • 76% of people who complained on Twitter received no response from the brand. But among those who were contacted, 83% liked or loved that the brand responded, and 85% were satisfied with the response (Source: Maritz Research, September 2011.

How can your store be more flawesome? Consider integrating price comparison to be more transparent, communicating in a human tone through social media, and responding to any online complaints you receive, especially during key times such as buyback and rush. In short, be open and personal and students will be that much more willing to shop with you!

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Towson Student Recognizes Giving from University Store

Congratulations to our partner University Store for their recently featured article, Towson Student Recognizes Giving from University Store, in NACS’ Campus Marketplace! Check out the article below, written by Dan Angelo, Assistant Editor of The College Store magazine!

The Towson University Bookstore, Towson, MD, was just trying to help with its donation of outdated and overstock merchandise to a campus student group that is building an elementary school in Honduras.

Student Elliot Glotfelty made sure the store’s generosity did not go unnoticed, penning a thank-you note that appeared in the student newspaper. The bookstore contribution was personal for Glotfelty, who has traveled to the South American village of Villa Soleada to work on the project as a member of the Central American Children’s Institute and Students Helping Honduras.

“I thought the letter was very sweet,” said Katie Simmons-Barth, marketing and retail supervisor. “I know the student, but I didn’t know he had written the letter. The next day, the student group brought me this gorgeous picture they took with ‘thank you’ written all over the mat. It’s beautiful and it hangs in my office. I am very proud of the work we do with them.”

The Towson students started working on the Villa Soleada school during a January 2011 visit, with six students returning last summer with approximately 600 lbs. of goods from the college store. In January 2012, 53 more students were back in Honduras to continue work on the school and to bring more donated merchandise.

“I asked them what kinds of things they needed and they said, ‘Anything,’” Simmons-Barth said. “The people and children there in Honduras are living in dirt huts and literally sleeping on dirt floors.”

The donations consisted of unsellable merchandise from the store, including children’s shoes, clothing, and blankets. Some of the items had the wrong collegiate logos, slight damage, or had discolored from storage.

“A lot of it was merchandise we’ve had for years,” Simmons-Barth said. “Our campus had changed its licensing for our images and we’ve updated some things. Some of the goods were either imagery that was outdated or we just couldn’t use anymore. It was no longer in sellable condition and we donated that to them.”

She even went through her personal belongings for items to donate.

“My partner and I collected clothes from our families and we went through our entire house and found every donation we could possibly give,” Simmons-Barth said. “I rounded up a couple of big bags and came in on my day off to deliver it all.”

The store also places cans at its registers for customers to donate spare change to student causes throughout the year, and permits groups to set up fund-raising tables in front of its location. One store employee is using the space to sell Honduran jewelry to help finance her trip with the group the next time it travels to Villa Soleada.

“I don’t know that we gave that much, but students definitely know we support groups and that we gave them as much as we possibly can,” Simmons-Barth said. “It changes people’s point of view. We used to be seen as the store that just takes money for textbooks and now we’re giving back. It’s important to be active on campus and to show students we are involved, we do care, and we want to assist when we can.”

The University Bookstore is even kicking around the idea of sending staff members to participate in the program.

“This is something that is very important,” Simmons-Barth said. “If I were to go, I think it would drive me to do more.”

The Towson students have a goal of raising $50,000 for the Honduran effort and have raised more than $7,300 to date. For more information on the effort, go to www.ceciskids.org.

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