Welcome to The Octagon.
The Octagon: Let’s begin with some introductions before going into the discussion. Can everyone let us know who they are and share a bit about what they do? Thank you
Bayo: Good Afternoon People. I am Bayo Omishore. I write seldom.
Wale: My name is Wale Adetula (call me Tula). I’m the founder and CEO of thenakedconvos.com (Nigeria’s largest open digital publishing platform).
Toks: Hello people. I’m Ola-tokunbo. I’m a creative and a brand person.
Eddie: I’m Eddie Madaki, publicist and Marketing communications practitioner. I work with iBlend Services/ EddieMPR IMC.
Eze: Hello all! My name is Ezegozie Eze, brand and content developer, specifically entertainment & lifestyle brands.
Chuka: Hi Everyone. I’m Chuka Obi, ECD at DDB Lagos
Tayo: Hi everyone, my name is Tayo. I work as a digital strategist with Ogilvy One. I’m the founder of Isten Digital, recruitment and training in digital marketing. Partially into photography
The Octagon: Ground rules for branding are rapidly evolving. Social media, content marketing, the younger generation, second screening, thought-leadership and the demographic shift are just some of the many things that are pushing brands to think differently. Customers want to identify with a brand they can grow with, that earns their trust and makes them feel valued. As a result, today’s competition among brands to capture the attention and hearts of their audience is really tough and challenging. This has forced so many organisations to adopt certain approaches to engage their market to transact with them. One of this approaches is the use of brand ambassadors and influencers. Do you think that brand ambassadors truly help these brands and businesses grow , create greater sales and equity? What is wrong with way brands are going about this?
Wale: I don’t think brand ambassadors have helped a lot of the brands that have gone that way here in Nigeria and it’s mostly down to the reason why they made the decision in the first place. You just mentioned how the ground rules of branding/marketing is continuously evolving. Marketing needs to be way more intelligent nowadays and not based on emotions or who the MD of a particular organization likes or doesn’t. However, I think it is important to note that most of the success stories aren’t particularly exceptional cases. Signing on a brand ambassador so you can gain rights to his music (at a cheaper rate) is a no-brainer. And most of the so called success stories fall in this space.
Toks: I think the bitter pill most of us brand people who know, without a doubt, that the brand owners are going about brand ambassador-ship wrong is that it’s actually working for a few of these brands. Where the real issue is is that, a strategy works for company A and companies B, C and D rush to get on that bandwagon, regardless of whether it fits their brand or not.
Tayo: I agree with Toks. I think that brand ambassadors and influencers have their place in marketing. However, it’s the use of these resources that determine how useful they are to the brand. Brands do not really do brand fit. They just randomly pick people. I believe that ambassadors are mostly for awareness while influencers are for conversions.
Toyosi: Marketing has to evolve with the rest of the world and whether we like it or not using celebrities/influencers (real and imagined) is part of that evolution. People now use Instagram comedians eg I am Kanmi that was just mentioned as MCs for their shows because they know they can pull the crowd they want.
Bayo: I’ll speak from the perspective of a consumer who just so happens to have worked with a number of entertainment brands and say No. In the first instance, I question if the brand managers on the side of the product understand their own product enough to find a music brand that sufficiently mirrors their brand. For the sake of synergy. Or perhaps they sacrifice that on the altar of making a quick buck by hiring the guy that can attract the highest number of coins they can take a nice slice off.
Eddie: Bayo, I beg to differ. Most consumers purchases are won on an emotional level and the right influencer actually wins a larger market share for the product owner IF he/she has the ears,eyes and hearts of the target market the client is looking to penetrate. Now unfortunately since its the trend most agencies just pick anyone for personal/sentimental reasons and that’s when such campaigns are not effective. But if Brand influencer to market segment is a perfect fit, the campaign will work. And it’s cost effective and cuts across most media channels making for a much more organic way to connect with consumers
Bayo: That’s idealistic Eddie. What’s happening in reality is different. The question is, are mothers buying Pampers because of Tiwa? Or Pepsi because of Wizkid?
Wale: hahaha… Or are they even buying at all ?