Branding has always had its place throughout the purchase funnel, but the funnel has changed and it’s time that branding changes, too.
In the old funnel model, the stories and narratives of a brand evolve as people move linearly down the funnel, and the more perceived value and emotional investment a brand can create as people reach the bottom, the more likely the purchase and loyal the customer.
Yet as we know, the funnel isn’t linear anymore for most Gen Z and millennial consumers. It’s now an endless loop of inspiration and exploration.
By way of influencers, a nascent social shopping scene and general information overload, millennials and Gen Z are skipping a lot of the brand connection that used to happen before conversion, and instead shifting it to after conversion.
When 50% of global consumers say they do most of their brand research after they buy, an even greater 78% say they uncover things that attract them to a brand and make them loyal after purchase, and pre-purchase is increasingly dedicated to price and feature research, it’s clear that post-purchase is where real branding begins.
But you’d be hard pressed to find many brand leaders that prioritize post-purchase branding in their own companies. It’s time we changed that.
In my newest article published in AdAge, I explore why the greatest opportunity for brand building is increasingly happening after the first sale is made, not before it.
And that means new rules for making sure your brand is connecting with your user.