Page 32 - CBM28
P. 32

~ Column Carola ~


            COLUMN










            AUTHENTICALLY VISIBLE IN 2024: BUILDING TRUST AND
            DISCOVERING THE MOST IMPORTANT TRENDS!


            Text: Carola Rodrigues // Photos: Kim Booij

                n our now constantly rapidly evolving world,         its customers. The cosmetics retailer has embraced
                the demand for authenticity and transparency         innovative technologies to provide customers with
            Icontinues to increase. The application of this          an engaging online shopping experience. Some
            is also an increasingly crucial factor in the success    physical Sephora stores have introduced augmented
            of companies and there are opportunities here,           reality mirrors. These mirrors can project real-time
            especially for brands with a consumer-oriented           makeup looks onto the customer’s face, allowing
            character. In this third article, we dive deeper into    them to visualize products without physically
            how authenticity and visibility can help companies       applying them.
            build trust and loyalty with customers and what
            trends we can expect in the coming year.             •   Purpose-driven marketing - Consumers are becoming
                                                                     increasingly critical of companies’ ethical practices.
            The age of authenticity                                  In 2024, brands will have to emphasize even more
            Authenticity is no longer an optional feature for brands; it is   strongly how they contribute to social goals and
            a necessity. Consumers want to know they are doing business   sustainability. An example is Patagonia. It promotes
            with organizations that share values that resonate with their   sustainability through its “Wear it Wear Repair”
            own beliefs. For companies such as Nike, this means not just   program, where customers are encouraged to repair
            selling products, but also telling a story that is authentic and   their garments instead of throwing them away. This
            meaningful. By sharing company culture, values and even   initiative promotes a culture of reuse and minimizes
            challenges, brands create a human face that resonates with   waste.
            customers.
                                                                 •   AI and personalization - Artificial intelligence
            Transparency as a foundation                             will play a greater role in understanding customer
            Transparency is the foundation of authenticity. It is not   behaviour. Companies will use AI to provide
            only about sharing successes, but also about talking openly   personalized experiences that will strengthen
            about challenges and setbacks. Companies that embrace    customer loyalty. I don’t know a single person who
            transparency are not only seen as honest, but also as willing to   doesn’t know Netflix and what they do very smart
            take responsibility.                                     and well is use their recommendation algorithm.
                                                                     They make extensive use of AI to analyse users’
            Visibility in the digital age                            viewing habits and then provide them with accurate
            Digitalization has changed the playing field when it comes   recommendations.
            to visibility. Online presence is no longer a choice but a
            necessity. In fact, it is not only important to be present, but   •   Transparency in supply chains - Consumers not only
            also to stand out. Companies must implement thoughtful   want to know where products come from, but also
            strategies to share their story on digital platforms and this   how they are produced. Brands will strive for full
            goes beyond just selling.                                transparency in their supply chains to increase
                                                                     customer confidence. Be inspired by Everlane.
            Predictions for 2024                                     This clothing brand has made transparency a core
               •   Interactive content - In the coming years, brands   principle of their business model and has taken
                   will invest more in interactive content. Think of   several initiatives to give consumers insight into its
                   virtual try-ons; putting on clothes virtually, making   production processes. One of them is that Everlane
                   make-up visual and seeing jewellery on yourself.   is known for its “Radical Transparency” approach.
                   And augmented reality advertising and personalized   On their website they provide detailed information
                   online experiences to engage customers more closely.   about the costs of production, materials and factories
                   Look at how Sephora, for example, does this towards   involved in making each garment. Consumers can







                                                            32
   27   28   29   30   31   32   33   34   35   36   37