In 2016, consumers will crave more authentic interactions with brands on every level, according to Landor, the international brand design and consulting firm, New York.
“Whether its customers returning to brick-and-mortar stores for more personal engagement or wanting to experience brands through multichannel, multisensory experiences, consumers are responding to storytelling and incorporating products and services into their lives in unprecedented ways,” the company said in a written statement.
Landor analyzed innovations, consumer behavior, the changing market, and attitudes from a multitude of industries and global locales to determine the leading trends for 2016.
Here are key trends for 2016:
Offline is the new online: Online shopping threatened to eradicate the traditional retail experience. However, customers once again want in-person interactions in the real world. Brands are responding by returning to brick-and-mortar stores, combining the service consumers expect from a physical store with the information, flexibility, and customization they get through digital. Even historically online brands are believers. Amazon just opened its first bookstore in Seattle, where customers can browse books and also read customer reviews.
Multichannel, multisensory brands: Brands will need to think about the entire customer experience as they craft brands. In addition to logo design and look and feel, companies will explore all the senses to create unique worlds for consumers. Four Seasons, for example, uses an air system to diffuse custom scents throughout its properties. Virgin relies on personalized screens, on-demand food and beverage ordering systems, and iconic purple lights to ensure its flying experience is like no other airline.
Employees as the new marketing campaign: Catchy slogans and entertaining commercials used to be enough for brands to make an impact. Now, customers care as much about employees’ opinions and how companies treat employees as they do about the services a company offers. In 2016, brands will place more emphasis on training their employees to be brand ambassadors. They will also strive to be more vocal about publicizing the efforts and services they provide to create a positive work experience for employees. REI recently announced #OptOut, an initiative where it is closing all stores on Black Friday and paying employees to spend time outside reconnecting with family and friends.
Life in the very fast lane: Today, consumers want convenient, seamless experiences faster than ever before. Brands will create quicker ways to serve customers. Starbucks permits customers to order ahead so their coffee is waiting for them at the counter, while Taco Bell’s app makes fast food even faster by enabling online ordering and pickup.
Packaging tells a story: Packaging will go beyond the logo, as it becomes an extension of the product, revealing its character, telling its story, and making a real connection with consumers. Nike Air launched its shoe line in see-through air cushioned packets, making the shoes appear to literally float on air. Watchmaker Festina packaged its waterproof timepieces in sealed bags of water. Puma wanted to stand for environmental responsibility, so instead of using traditional shoeboxes, it invented the “Clever Little Bag,” an ecologically friendly bag that saves 65 percent more cardboard, 8,500 tons of paper per year, 20 million megajoules of energy, 1 million liters of water, and 10,000 tons of carbon dioxide.
“In today’s world, whether marketers put the latest spin on an established practice or develop a first-ever innovation to capture consumers, they face the challenge of keeping brands agile: continuously evolving the brand to be relevant while staying true to its essence,” says Stuart Sproule, Landor’s president of North America. “Many of the 2016 trends reflect ways to navigate this agility paradox by encouraging brands to be adaptive, principled, open, responsible, global, and multichannel.”
In addition to these overall brand trends, here’s what to look for in the financial services industry:
Big banks will rebrand: In an oversaturated market, banks have been unable to differentiate. Look for these institutions to re-evaluate and restructure what their brands stand for as they strive to be more human and trustworthy. UBS launched a new business strategy focused on responsible wealth management; its brand identity—“For some of life’s questions you’re not alone. Together we can find an answer”—speaks to the bank’s approach.
