How to Win Consumer Confidence in a Cynical Age

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Trust is the New Black How to Win Consumer Confidence in a Cynical Age Diana Verde Nieto 8 th April 2014

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Transcript of How to Win Consumer Confidence in a Cynical Age

Page 1: How to Win Consumer Confidence in a Cynical Age

Trust is the New Black

How to Win Consumer Confidence in a Cynical Age

Diana Verde Nieto 8th April 2014

Page 2: How to Win Consumer Confidence in a Cynical Age

DO YOU TRUST ME?

•  I founded a charity that builds schools •  I support Manchester United •  I pay all my bills on time •  I launched three businesses •  I’ve never finished a diet •  I never buy the Big Issue •  I’ve run six marathons

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WHY DOES IT MATTER?

Trust = Money, honey

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MILLENIALS BELIEVE THE PURPOSE OF BUSINESS IS TO:

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THE CHALLENGES THAT FACE SOCIETY AND DEMAND THE ATTENTION OF BUSINESSES

Deloitte – The Millenial Survey 2014

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(SOME) BRANDS ARE TRUSTWORTHY

•  Have a Social Mission •  Do Social Good •  Increase Social Impact •  Reduce Environmental Footprint •  Innovate •  Care about their communities (internal and

external) •  Improve people’s lives

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DO YOUR CONSUMERS TRUST YOU?

70%  of  consumers  trust  brand  recommenda2ons  from  friends  –  only  10%  trust  adver2sing    

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TRUST DON’T LIVE HERE ANYMORE…

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16 ATTRIBUTES TO BUILD TRUST

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THE TRUST FORMULA

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ALLOWING YOUR CONSUMERS TO SAY ‘I TRUST YOU’

Imagine if you had a 3rd party certificate that allowed your consumers to tell you and everyone else that they trusted you…..

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Technology is unlocking people’s sense of their own power and harnessing it for good

[email protected] - + 44 203 582 3212

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