The power of storytelling in marketing 


The power of storytelling in marketing 
The power of storytelling in marketing 
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These days the market is overflowing with new startups and companies, and they are all so confused about what marketing strategies they should have to create brand value and increase their sales. They are doing it all wrong because none of them tries to connect to their customer, and they do not know the importance of the art of storytelling. Storytelling is a very old art that has been practiced by people over the centuries to amuse people, communicate their thoughts and emotions as well as educate people about good and bad things. 

It has the power to inspire people and helps them to connect with each other; it helps us to understand each other. Most famous brands have started using this technique over a few years now, and it has helped them to grow their business. This will help you to stand out from the competition and connect with the audience. 

What is storytelling in marketing?

Storytelling in marketing means communicating the goal, target, and message of your brand to your audience by telling them your story. It helps you to create a meaningful connection with your customers and helps you to grow your business. Storytelling will help you to revamp your brand and make it more relatable to the customers.

What is the importance of storytelling in marketing?

There are many reasons why storytelling is important in marketing, and I have listed down a few of them:-

It creates an emotional connection.

Being human has a most important blessing, which is emotion. Yes, storytelling is something that can evoke an emotional response. The customers of today’s time are sick of the old marketing pitches, so storytelling will help you to create with them on an emotional level and will leave an everlasting impression on their minds. Invoking emotions like joy or happiness will help your brand to convey the message easily and will help the customers understand your story. 

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It creates brand value.

There is so much competition in the market these days and so many brands. You need a strategy to make your brand stand out from them, and the best possible way to do that is by telling a  story along with your products or services because if your customer thinks they can relate to you, they will stick around, and you can become their go-to brand. Because trust me, any other way to try to do your marketing, your competition can easily copy that, but this is something that they cannot do and which will make you unique and relatable.

It helps you create a memory.

By telling your story, you are connecting with the customers, which eventually creates a memory in their minds. You need to make sure that you tell a really good story, as this will help them to remember you and can lead them to come back to you. Make sure every time they use your products, they remember you, and this will also lead them to share your story with others.

It builds trust and credibility.

Customers don’t just want to be sold products. Rather they want to be engaged, entertained, and respected. When you will tell your story, most likely, they will relate to you and understand your hard work and how did you build it. Express the love you have for your brand in the story, and it will ensure that they are loyal to you and they embrace your brand because they can connect to you.

How to use storytelling in marketing?

power of storytelling in marketing
power of storytelling in marketing( Image source: LinkedIn)

Now that we know what is the importance of storytelling in marketing, I would like to discuss how it works. There are the following ways to do it:-

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Choose your story

To use storytelling in marketing first, you need to decide what is going to be the story for your brand. This story needs to convey the aim, message and values of your brand which will make it memorable and authentic. To convey these thing you need to express the purpose and values of your brand in the story. 

Use customer feedbacks 

You can ask your existing customers to share their experiences about your brand and how they feel about your brand. Then you can put this feedback on your Instagram handle, advertising campaigns, or in your stores in a separate section. This will help the new customer to relate to these stories and will push them to use our products or services. 

Use pictures, videos, or infographics in your story

Using visuals in your story, like pictures, videos, or inforgraphics will help you to enhance your story. You can showcase the customers using your products, or you can mention the benefits of your products in a video and include it. 

Make sure your story is authentic.

Remember, we want to connect and gain trust of your customer and it cannot be done by telling or building up a fake story. They will eventually find out when it is a lie, and they will feel cheated. So make sure you share your own story of building the brand and starting the business; share your failures and your success, and it will create an ever-lasting impression.

Make it relevant 

At the end of the day, the aim is that the customers relate and connect, and thus it is important that you understand your customer and their needs. You want to tell a story where you will highlight the benefits of your product and services, which will relate to their problems, and then they will choose to use your product to solve them. Remember connecting to the customers are the key.

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Use the storytelling art across multiple channels.

In the age of the internet, you need to make sure that everyone hears your story; only then will they want to buy from you or become your customer. So you need to be on every digital platform and every hoarding to tell your story and make them understand your story in order to make them your regular customers.

Examples of brands using storytelling

Nike

Nike is widely recognized for its successful advertising campaigns that attract audiences via storytelling. Nike’s “Dream Crazy” marketing initiative included Colin Kaepernick, the NFL quarterback famous for kneeling during the recitation of the national anthem to denounce police brutality. The commercial featured Kaepernick’s narration and featured other athletes who prevailed against hardship to realize their goals. The ad served as an effective demonstration of how to use storytelling to engage an audience on an emotional level.

Coco-Cola

Another company that uses storytelling well in its marketing is Coca-Cola. Through its “Share a Coke” promotion, people were urged to add their names to Coke bottles, strengthening their bond with the company. Coca-Cola saw a 2% rise in sales in the United States as a result of the campaign’s great success.

Airbnb

The storytelling element is crucial to Airbnb’s marketing plan. In order to highlight the distinctive and genuine experiences that Airbnb provides, the company leverages user-generated content to share the tales of its hosts and guests. By sharing these tales, Airbnb distinguishes itself from established lodging chains and forges an emotional connection with its audience.

storytelling in marketing
storytelling in marketing :(Image source: cronuts.digital)

Conclusion

In conclusion, storytelling is an effective marketing approach that may assist brands in developing trust, establishing emotional connections, standing out from the competition, and increasing brand recognition. You can develop an engaging narrative that connects with your audience by defining your brand story, integrating client stories, and utilizing images to enhance your story.

To reinforce your message, always be genuine, make it relevant, and employ storytelling across numerous platforms. The appropriate strategy may make your brand stand out and leave a lasting impression on your audience through storytelling.


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Tanya Singh