The document discusses how brands that take stands on social issues and align their values with their customers' values ("values proposition") do better financially. It notes that 50% of consumers are "belief-driven buyers" who make purchasing decisions based on a brand's stance. The document advises brands to develop a clear values proposition that integrates their social values with their product offerings to meet customer expectations.
3. E D E L M A N E A R N E D B R A N D
BUYING ON BELIEF:
BRANDS THAT DO
GOOD, DO WELL
4. E D E L M A N E A R N E D B R A N D
EVERY DAY,
PEOPLE
WANT TO KNOW
WHERE YOUR BRAND STANDS
5. E D E L M A N E A R N E D B R A N D
SHOULD MY BRAND
TAKE A STAND?
6. E D E L M A N E A R N E D B R A N D
WITH BELIEF-DRIVEN BUYERS,
SILENCE IS NOT AN OPTION
Source: 2017 Edelman Earned Brand. Belief-driven buying segments. 14-country global total.
See Technical Appendix for a full explanation of how belief-driven buying was measured.
OF BELIEF-DRIVEN BUYERS
Will not buy a brand because it stayed silent
on an issue it had an obligation to address65%
51%
BELIEVE BRANDS
CAN DO MORE
TO SOLVE SOCIAL ILLS
THAN GOVERNMENT
7. E D E L M A N E A R N E D B R A N D
HALF SAY THEY ARE
BELIEF-DRIVEN
BUYERSDO YOU CHOOSE, SWITCH, AVOID OR
BOYCOTT A BRAND BASED ON ITS STAND
ON CONTROVERSIAL SOCIETAL ISSUES?
Source: 2017 Edelman Earned Brand study. Belief-driven
buying segments. 14-country global total.
See Technical Appendix for a full explanation of how belief-
driven buying was measured.
50% SPECTATORS
Rarely buy on beliefor punish
brands for taking a stand.
25% LEADERS
Have strongly-held,passionate beliefs.
The brands they buy are one important
way they express those beliefs.
25% JOINERS
Depending on the issue and the brand,
they will change their buying behavior
based on the brand’s stand.
50% BELIEF-DRIVEN
BUYERS
8. E D E L M A N E A R N E D B R A N D
30%
57%BUYING AND
BOYCOTTING ON
BELIEF
BUYING OR BOYCOTTING
MORE THAN THEY WERE
THREE YEARS AGO
9. E D E L M A N E A R N E D B R A N D
WHAT SHOULD
BRANDS
DO?
10. TODAY, A BRAND’S VALUE(S) PROPOSITION
COMPLETES THE PICTURE FOR CONSUMERS
Today
RATIONAL EMOTIONAL
SOCIETAL
Brand
Value(s)
Proposition
11. E D E L M A N E A R N E D B R A N D
What it is:
The intersection between a brand’s values (what it stands for) and the
value it provides consumers/customers (value proposition).
A fulfillment of promises and actions that aligns product with purpose.
What it isn’t:
A social good campaign, a company’s sustainability commitments, a
political position, a provocative action meant to drive news coverage…
WHAT THE VALUES PROPOSITION IS
AND ISN’T…
12. Global Strategy Director
Edelman
@armano
David Armano
DVP, Global Brand Strategy &
Innovation
Abbott
@scubachris
Chris Miller
Sr. Advisor, Social Business
Strategy
Southwest Airlines
@clmidkiff
Curtis Midkiff
Session Panelists