The Impact of Brands on Consumer Behavior

Aug 19, 2024

Lecture Notes: Influence of Brands on Consumer Behavior

Introduction to Brand Influence

  • Examples of Brand Preference:
    • Consumers prefer Coke, Tylenol, and Levi's over other similar products.
    • Conflicts with the economist's view of rational consumer behavior.

Study on Brand Exposure

  • Duke University Study:
    • Randomized groups exposed to Apple or IBM logos.
    • Result: Apple logo exposure led to better performance on creative tasks.
  • Brand Storytelling:
    • Apple portrays itself as a brand for creative individuals.
    • Brands influence behavior beyond just purchases.

Identity and Brand Choice

  • Americus Reed's Insights:
    • Brand choices create identity (e.g., Nike vs. Under Armour).
    • Different brands represent different identity paths.
    • Deepening brand relationships can lead to brand defense as self-defense.

Neuroscience Perspective

  • Insights by Michael Platt:
    • We relate to brands similarly to how we relate to people.
    • MRI studies on iPhone vs. Samsung users:
      • iPhone users show empathy towards Apple as if it were family.
      • Samsung users show reverse empathy—positive response to negative Apple news.

Subconscious Brand Influence

  • Discrepancy in Conscious Reporting:
    • Samsung users' brain responses didn't match their reported feelings.
  • Self-Expressive Value of Brands:
    • Consumers may not realize subconscious brand influence.

Societal Implications

  • Ethical Considerations:
    • Need to understand ethical, legal, and societal implications of brand influence.

Consumer Awareness

  • Making Informed Choices:
    • Awareness of brand influence is crucial.
    • Question the motive behind purchasing decisions.

Final Thoughts

  • Brands as Identity Pillars:
    • Brands fill roles once held by church or community.
    • Even anti-brand sentiments are a form of brand identity.
  • Positive Light of Brands:
    • Brands can be positive support systems in modern society.