Most of us would! Here's a question that can help you achieve that goal...
When was the last time you thought about the gap between what your current customers believe and what your prospects perceive?
We call this the "Perception Gap".
Discovering and addressing your brand's Perception Gap is a game-changer for your brand strategy, marketing plan and growth trajectory. Let's dive in.
The Perception Gap is the difference between how your current customers view your brand and how your prospects (those considering your brand) perceive it.
In our work with B2C brands, we've seen time and again how this gap can be surprisingly large and how uncovering it fuels a brand into sustainable growth.
We take pride in always taking a "data-driven" approach. Sometimes that means conducting formal market research and other times we're more scrappy. Either way, here's the approach we take to identify the perceptions and pinpoint the gaps:
If an important attribute doesn’t have a perception gap, there’s little growth potential in messaging it.
The real benefit comes from identifying high-priority attributes that also have a gap to close.
Understanding the Perception Gap makes it easy to select your most important advertising messages. And stick with them.
Here’s how:
Focus on what prospects need to hear in order to believe and act like your current customers
Below you'll see the Perception Gap Curve for "Brand X", a B2C brand. The green line shows the attribute association levels for current customers. The gray line shows the associations for the brand's prospects. The space in between is the gap we're looking for.
What do you notice about the data below?
While Attribute 1 was rated as the most important attribute for Brand X to deliver, customers and prospects already have similar perceptions.
If Brand X were to focus all of it's marketing efforts on Attribute 1, simply because it's the most important, they risk wasting money. Changing perceptions of prospects on this attribute is not likely to change their behavior.
Weed out messages that are interesting but irrelevant
Attributes 2 and 3 have much larger gaps to close.
By focusing advertising efforts on messages that build the perceptions of Attributes 2 and 3, the brand was able to bridge the gap, attract new customers, and see significant growth.
With the Perception Gap technique, brands efficiently drive growth by focusing on what really matters. They influence their prospects to behave more like existing customers and drive real results.
Here are a few questions to ask yourself as you consider this powerful tool:
Are you ready to close your brand's Perception Gap and attract new customers with ease? Get in touch today, we're be excited to hear from you.
Schedule a free consultation to discuss ways the Perception Gap approach can set your brand up for sustainable growth
Melissa Jacobs is the CEO and Lead Strategist at Crow and Pitcher LLC, a Brand Strategy and Insights Consultancy. B2C businesses hire Crow & Pitcher to gain a new level of clarity on how to target their ideal client and stop wasting time and money on efforts that aren’t effectively impacting their bottom line.
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