Quilt.AI and The Business of Fashion have just released "The BoF Brand Magic Index". A very strong tool to examine if customers see a brand the same way a brand sees itself. 50 global luxury and fashion labels have been ranked using AI-driven analysis of tens of thousands of social media posts by brands and their customers. You can read an extract below (and if you're interested, the link to the full report is in the first comment).
My takeaways:
- the tool uses the 12 archetypes as defined by Carl Jung (the caregiver, the lover, the hero etc.); it's interesting as it's the first tool I'm aware of which leverages a crazy number of data (hard facts) and sort them in these categories thanks to artificial intelligence. Also relevant as these archetypes can help in better understanding what people are looking for in terms of motivations. For anyone working on brand strategy, positioning or social positioning, it opens great conversations
- the notion of "distance" is also very smart: it helps in defining if the "receiver" perceives the "sender" the same way. It can reveal hard truths...but definitely worth the shot (spoiler alert: when the brand is not aligned at top level in terms of business and creative direction, it really shows in this report...)
- I like this quote: "Brands are focused on universe-building, defining worlds that they want their customers to desire to inhabit. This ambition aligns to the motivations of the Ruler, who seeks to create order from the chaos. Customers, on the other hand, are asking how they as individuals could or should inhabit that world. This goal aligns to the motivations of the Hero". Nearly a philosophical debate!
Just before Paris Fashion Week, this report will probably be one of the hot topics in the coming days.
#luxury #BoF #fashion #insights #brandpositioning #dataanalysis #AI #PFW
Growth @ ZuAI
2mointeresting perspective. letting the audience interpret a brand can indeed strengthen it. do you believe misalignment could be a sign of strong brand equity? Niclas Bornling