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Mish's Global Economic Trend Analysis

Mish's Global Economic Trend Analysis


Big Brother's Right to Censorship and Erase History; Misplaced Hope For a "Limited Big Brother"

Posted: 07 Jul 2014 02:06 PM PDT

Let's take a look at disturbing aspects of censorship, in which thousands of references to people have virtually disappeared from the internet following an EU ruling on the "Right to Be Forgotten" in which individuals have the right to ask search engines to remove links with personal information about them.

Wikipedia provides the background for discussion.
The right to be forgotten 'reflects the claim of an individual to have certain data deleted so that third persons can no longer trace them.' It has been defined as 'the right to silence on past events in life that are no longer occurring.' The right to be forgotten manifests itself in allowing individuals to delete information, videos or photographs about themselves from internet records, and thus prevent them from showing up on search engines.

In May 2014, the European Court of Justice ruled against Google in Costeja, a case brought by a Spanish man who requested the removal of a link to a digitized 1998 article in La Vanguardia newspaper about an auction for his foreclosed home, for a debt that he had subsequently paid. He initially attempted to have the article removed by complaining to the Spanish Data Protection Agency, which rejected the claim on the grounds that it was lawful and accurate, but accepted a complaint against Google and asked Google to remove the results. Google sued in the Spanish Audiencia Nacional (National High Court) which referred a series of questions to the European Court of Justice. The court ruled in Costeja that search engines are responsible for the content they point to and thus, Google was required to comply with EU data privacy laws.
Guardian Articles Hidden From Search Engines

With that background understanding, please consider EU's right to be forgotten: Guardian articles have been hidden by Google.
[Following] a European court ruling that individuals had the right to remove material about themselves from search engine results, arrived in the Guardian's inbox this morning, in the form of an automated notification that six Guardian articles have been scrubbed from search results.

Three of the articles, dating from 2010, relate to a now-retired Scottish Premier League referee, Dougie McDonald, who was found to have lied about his reasons for granting a penalty in a Celtic v Dundee United match, the backlash to which prompted his resignation.

Anyone entering the fairly obvious search term "Dougie McDonald Guardian" into google.com – the US version of Google – will see three Guardian articles about the incident as their first results. Type the exact same phrase into Google.co.uk, however, and the articles have vanished entirely. McDonald's record is swept clean.

The Guardian has no form of appeal against parts of its journalism being made all but impossible for most of Europe's 368 million to find. The strange aspect of the ruling is all the content is still there: if you click the links in this article, you can read all the "disappeared" stories on this site. No one has suggested the stories weren't true, fair or accurate. But still they are made hard for anyone to find.

There might be a case for saying some stories should vanish from the archives: what about, say, someone who committed a petty crime at 18, who long since reformed and cleaned up their act? If at the age of 30 they're finding that their search history is still preventing them getting a job, couldn't they make the case that it's time for their record to be forgotten? Perhaps – it's a matter of debate. But such editorial calls surely belong with publishers, not Google.

The Guardian, like the rest of the media, regularly writes about things people have done which might not be illegal but raise serious political, moral or ethical questions – tax avoidance, for example. These should not be allowed to disappear: to do so is a huge, if indirect, challenge to press freedom. The ruling has created a stopwatch on free expression – our journalism can be found only until someone asks for it to be hidden.

Publishers can and should do more to fight back. One route may be legal action. Others may be looking for search tools and engines outside the EU. Quicker than that is a direct innovation: how about any time a news outlet gets a notification, it tweets a link to the article that's just been disappeared. Would you follow @GdnVanished?
Cast Into Oblivion

It's not just the Guardian. Robert Peston on the BBC asks Why Has Google Cast Me Into Oblivion?
This morning the BBC received the following notification from Google:

Notice of removal from Google Search: we regret to inform you that we are no longer able to show the following pages from your website in response to certain searches on European versions of Google: Merrill's Mess

What it means is that a blog I wrote in 2007 [about the mess at Merrill Lynch] will no longer be findable when searching on Google in Europe.

Which means that to all intents and purposes the article has been removed from the public record, given that Google is the route to information and stories for most people.

So why has Google killed this example of my journalism? 

Now in my blog, only one individual is named. He is Stan O'Neal, the former boss of the investment bank Merrill Lynch.

My column describes how O'Neal was forced out of Merrill after the investment bank suffered colossal losses on reckless investments it had made.

Is the data in it "inadequate, irrelevant or no longer relevant"?

Hmmm.

Most people would argue that it is highly relevant for the track record, good or bad, of a business leader to remain on the public record - especially someone widely seen as having played an important role in the worst financial crisis in living memory (Merrill went to the brink of collapse the following year, and was rescued by Bank of America).
Big Brother

Michael Krieger on the Liberty Blitzkrieg blog quotes George Orwell "Who controls the past controls the future. Who controls the present controls the past."

Krieger picks up on the Guardian Tweet idea...
Every time an article gets censored it should be highlighted. If we could get one Twitter account to aggregate all the deleted stories (or perhaps just the high profile ones) it could make the whole censorship campaign backfire as the stories would get even more press than they would have through regular searches. Ah…the possibilities.

Interestingly, due to all the controversy, a European Commission spokesman has come forth to criticize Google for removing the BBC article. You can't make this stuff up. From the BBC:

Google's decision to remove a BBC article from some of its search results was "not a good judgement", a European Commission spokesman has said.
40,000 Censorship Requests in First Hour

Paul Bernal, writing for CNN asks Is Google Undermining the 'Right to be Forgotten'?
In the commentary I wrote for CNN the day after the ruling in the Google Spain case, I suggested the result created a headache -- and potentially huge costs -- for Google, and that it could open the door to a flood of cases, each of which would need a resolution.

I wrote that how Google responded to the ruling would be critical -- and the initial signs are that the company's response has already caused problems.

As predicted, Google received a huge volume of requests to have links removed -- more than 40,000 in the first four days after the ruling. The company has now begun the process of responding to them.

In both Ball's [Guardian's] and Peston's cases, many of the stories that they had been notified about did not seem to fall into categories covered by the Google Spain ruling: old, irrelevant stories about people who were not public figures. Ball's stories included pieces from 2010 and 2011 -- scarcely old -- while Peston's covered critical events in the banking world in 2007 -- the ousting of banker Stan O'Neal from Merrill Lynch -- something that cannot be described as irrelevant or not in the public interest.

It looked as though this was exactly what the opponents of the right to be forgotten were worried about: censorship and the rewriting of history.

Was it, in fact, that Google were overreacting -- either that they were, as Peston put it, "clumsy" or that, perhaps, they were deliberately attempting to undermine the ruling by making it seem either unworkable or a dangerous form of censorship.

That Google might be deliberately undermining the ruling seems possible; all three parts of their response could contribute to this view.

Firstly, they seem to be erring on the side of the people wishing for things to be blocked -- and hence they do create more censorship.

Secondly, by alerting about far more search results than are actually affected by the rulings, they create an atmosphere in which people feel more censored.

Thirdly, by the form which their notification to journalists takes, they make journalists feel censored -- and might make strong, important and expert journalists into allies in their attempts to undermine the ruling.

The combination of these three is a potent one.

On the other hand, it is possible that it is simply clumsy, and that these are teething troubles.

The individual cases that have made the headlines have begun to unravel a little: Google has reversed its decisions on James Ball's pieces, recognising there is a public interest. Peston's piece is more interesting.

The assumption Peston made, reasonably enough, was that the link would be blocked when people search for Sean O'Neal, since his was the only name that appeared in the article in question.

But in fact, it turns out that the request to block the story related to a member of the public whose name appeared in the comments on the piece -- the link removed relates to searches for that person. Searching for Sean O'Neal still brings up the article.
Hope For a "Limited Big Brother"

Krieger notes that Google has now received 250,000 removal requests. Should Google really have to filter through every one of them, but only for Europe?

Bernal is sympathetic to a limited form of "Big Brother" writing "The most important thing that Google can do in response to the court ruling is to engage positively and actively with the ongoing reform process of the Data Protection Regime. A well-executed reform, with a better written, more limited and more appropriate version of the right to be forgotten could be the ultimate solution here."

Is a "limited big brother" really possible?

I side with Pater Tenebrarum at the Acting Man blog who pinged me with this though: "The Right to Be Forgotten is their first significant step through the backdoor to enable internet censorship."

Mike "Mish" Shedlock
http://globaleconomicanalysis.blogspot.com

Premature Retail Spending Hope for France and Italy, Lofty Expectations for Germany

Posted: 07 Jul 2014 10:07 AM PDT

Markit's Eurozone Retail PMI shows Eurozone retail sales flat as declines falls in France and Italy offset German gains.
The Markit Eurozone Retail PMI which tracks month-on-month changes in like-for-like retail sales read 50.0 in June, little-changed from May's 49.9 and indicative of a flat trend in sales. Compared to the situation one year earlier, trade was down moderately during June, according to firms.

Commenting on the data, Phil Smith, economist at Markit which compiles the Eurozone Retail PMI survey, said: "The latest retail PMI data show a flat trend in eurozone retail sales forming, a relative positive in the context of the recent prolonged downturn. The stagnation hides a growing divergence in country - level performance, however. The gap between Germany's headline retail PMI and the average of those for France an d Italy has increased throughout the second quarter to the widest for almost a year. Any hopes that consumer spending in France and Italy had turned the corner are looking a little premature."

Eurozone retail sales were supported by continued growth in Germany, where trade rose sharply on the month and to the greatest extent for almost three-and-a-half years. In stark contrast, France's retail sector showed renewed weakness as sales there fell solidly, offsetting back-to-back marginal increases in the first two months of the quarter. Moreover, June's decrease was the sharpest so far in 2014. A deepening downturn was meanwhile seen in Italy, where the rate of decline in sales accelerated for the second straight month to the fastest since February. At the aggregate level, retailers' purchasing activity followed the trend in sales and was unchanged in June after a fractional decrease mid-quarter. Stocks of items for resale meanwhile rose for the seventh straight month, and at the fastest rate since April 2011. This was largely due to sales being markedly lower than targets on average.





Synopsis

  • Inventories rising at fastest rate since April 2011
  • Margins down, contracting at a faster pace
  • France back in contraction
  • Eurozone year-over-year sales contracting 
  • It took a 41-month high reading of 56.2 in German sales just to hold the index flat

The notion that Germany can keep bucking the trend is fallacious. There is no "relative positive" to be found. Rather, when Germany slows, things will go to hell in a hurry.

Mike "Mish" Shedlock
http://globaleconomicanalysis.blogspot.com

Damn Cool Pics

Damn Cool Pics


This Guy Gives The Most Amazing Haircuts

Posted: 07 Jul 2014 04:34 PM PDT

Rob the Original is a barber from San Antonio and he's making modern art out of hair.

Fireworks on the Fourth of July

 
Here's what's going on at the White House today.
 
 
 
 
 
  Featured

Fireworks on the Fourth of July

The First Family enjoys the Fourth of July fireworks.

First Lady Michelle Obama, left, Malia Obama and President Barack Obama watch the Fourth of July fireworks from the roof of the White House, July 4, 2014. (Official White House Photo by Pete Souza)


 
 
  Top Stories

The Big Picture: This Month's Jobs Numbers

You might be seeing a lot of news lately about the economy creating more jobs. Every month, the U.S. Bureau of Labor Statistics releases a report on our country's general employment situation for the previous month -- and this month's showed some good news. We break the numbers down for you and explain why this matters.

READ MORE

President Obama Welcomes 25 New American Citizens on the Fourth of July

On Friday, President Obama welcomed 25 new American citizens at a special naturalization ceremony for service members and military spouses held at the White House. The President celebrated as these service members and their families were able for the first time to be called "our fellow Americans."

READ MORE

Weekly Address: Celebrating Independence Day

In this week’s address, President Obama commemorated Independence Day by noting the contributions and sacrifices from individuals throughout the history of this country -- from our Founding Fathers, to the men and women in our military serving at home and abroad.

READ MORE


 
 
  Today's Schedule

All times are Eastern Time (ET)

11:00 AM: The President and the Vice President receive the Presidential Daily Briefing

11:30 AM: Press Briefing by Press Secretary Josh Earnest

12:10 PM: The President hosts a group of teachers for lunch; Secretary of Education Duncan also attends


 

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How To Tap Into Social Norms to Build a Strong Brand

How To Tap Into Social Norms to Build a Strong Brand


How To Tap Into Social Norms to Build a Strong Brand

Posted: 06 Jul 2014 05:15 PM PDT

Posted by bridget.randolph

In recent years there has been a necessary shift in the way businesses advertise themselves to consumers, thanks to the increasingly common information overload experienced by the average person.

In 1945, just after WWII, the annual total ad spend in the United States was about $2.8 billion (that's around $36.8 million before the adjustment for inflation). In 2013, it was around $140 billion.

Don't forget that this is just paid media advertising; it doesn't include the many types of earned coverage like search, social, email, supermarket displays, direct mail and so on. Alongside the growth in media spends is a growth in the sheer volume of products available, which is made possible by increasingly sophisticated technologies for sales, inventory, delivery and so on.

What does this mean? Well, simply that the strategy of 'just buy some ads and sell the benefits' isn't enough anymore: you'll be lost in the noise. How can a brand retain customers and create loyalty in an atmosphere where everyone else has a better offer? Through tapping into the psychology of social relationships.


Imagine that you are at home for Thanksgiving, and your mother has pulled out all the stops to lovingly craft the most delicious, intricate dinner ever known to man. You and your family have enjoyed a wonderful afternoon of socializing and snacking on leftovers and watching football, and now it's time to leave. As you hug your parents goodbye, you take out your wallet. "How much do I owe you for all the love and time you put into this wonderful afternoon?" you ask. "$100 for the food? here, have $50 more as a thank you for the great hospitality!" How would your mother respond to such an offer? I don't know about your mother, but my mom would be deeply offended.

New scenario: You've gone to a restaurant for Thanksgiving dinner. It's the most delicious dinner you've ever had, the atmosphere is great with the football playing in the background, and best of all, your server is attentive, warm, and maternal. You feel right at home. At the end of the meal, you give her a hug and thank her for the delicious meal before leaving. She calls the cops and has you arrested for a dine-and-dash.

And herein lies the difference between social norms and market norms.

Social norms vs. market norms

The Thanksgiving dinner example is one which I've borrowed from a book by Dan Ariely, Predictably Irrational: The Hidden Forces that Shape Our Decisions. Ariely discusses two ways in which humans interact: social norms and market norms.

Social norms, as Ariely explains, "are wrapped up in our social nature and our need for community. They are usually warm and fuzzy. Instant paybacks are not required." Examples would be: helping a friend move house, babysitting your grandchild, having your parents over for dinner. There is an implied reciprocity on some level but it is not instantaneous nor is it expected that the action will be repaid on a financial level. These are the sort of relationships and interactions we expect to have with friends and family.

Market norms, on the other hand, are about the exchange of resources and in particular, money. Examples of this type of interaction would be any type of business transaction where goods or services are exchanged for money: wages, prices, rents, interest, and cost-and-benefit. These are the sort of relationships and interactions we expect to have with businesses.

I've drawn you a very rough illustration - it may not be the most aesthetically pleasing visual, but it gets the point across:

Market norms come into play any time money enters into the equation, sometimes counter-intuitively! Ariely gives the example of a group of lawyers who were approached by the AARP and asked whether they would provide legal services to needy retirees at a drastically discounted rate of $30/hour. The lawyers said no. From a market norms perspective, the exchange didn't make sense. Later the same lawyers were asked whether they would consider donating their time free of charge to needy retirees. The vast majority of the lawyers said yes. The difference is that, when no money changes hands, the exchange shifts from a poor-value market exchange to an altruistic and therefore high-value social exchange. It is a strange psychological quirk that 'once market norms enter our considerations, the social norms depart.'

Mixed signals: when social and market norms collide

In a book called Positioning: The Battle for Your Mind by Al Ries and Jack Trout (originally published in 1981), the authors describe the 1950s as the 'product era' of advertising, when 'advertising people focused their attention on product features and customer benefits.' It was all about the unique selling proposition (USP).


In this case, the USP is mildness: "not one single case of throat irritation!" (image source)

However, as the sheer volume of products on the market increased, it became more difficult to sell a product simply by pointing out the benefits. As Ries and Trout put it, 'Your "better mousetrap" was quickly followed by two more just like it. Both claiming to be better than the first one.'

They describe the next phase of advertising (which hit its peak in the 1960s and 70s and which we can probably all relate to if we watch Mad Men) as the 'image era', pioneered by David Ogilvy. In this period, successful campaigns sold the reputation, or 'image' of a brand and a product rather than its features. Ries and Trout quote Ogilvy as saying that 'Every advertisement is a long-term investment in the image of a brand'. Examples include Hathaway shirts and Rolls-Royce.

Rather than the product benefits, this ad focuses on the 'image' of the man who smokes Viceroys: "Viceroy has a thinking man's filter and a smoking man's taste. (image source)

But yet again, as more and more brands imitate the strategy of these successful campaigns, the space gets more crowded and the consumer becomes more jaded and these techniques become less effective.

According to Ries and Trout, this brought the world of advertising into the 'positioning era' of the 80s, which is where they positioned (hehe) themselves. As they described this, "To succeed in our overcommunicated society, a company must create a position in the prospect's mind, a position that takes into consideration not only a company's own strengths and weaknesses, but those of its competitors as well."

This one's all about positioning Winston's in opposition to competitors: as the brand with real taste, as opposed to other brands which 'promise taste' but fail to deliver. (image source)

And yet, despite this evolution of advertising strategy over the course of the 20th century, all of these different approaches are ultimately based on market norms. The 'product era' sells you features and benefits in exchange for money; the 'image era' sells you on an image and a lifestyle in exchange for money, and the 'positioning era' sells you on why a particular company is the right one to supply your needs in exchange for money.

Social norms and loyalty

When does cheap not win? When it comes to social norms. Social norms are about relationships, community and loyalty. If your sister is getting married, you don't do a cost benefit analysis to decide whether or not you should go to her wedding or whether the food will be better and the travel cheaper if you go to your next door neighbor's BBQ instead. If anything, it's the opposite: some people take it to such an extreme that they will go into massive debt to attend friends' weddings and bring lavish gifts. That is certainly not a decision based on monetary considerations.

Therefore, if the average brand wants to get out of the vicious cycle of undercutting competitors in order to gain business, they need to start focusing on relationships and community building instead of 'SUPER CHEAP BEST LOW LOW PRICES!!®' and sneaky upsells at the point of sale. This is something my colleague Tim Allen spoke about in a presentation called "Make Me Love Your Brand, Not Just Tolerate It". And this is what a large number of recent 'advertising success stories' are based on and it's the whole premise behind many of the more recent trends in marketing: email marketing, personalization, SMS marketing, good social media marketing, and so on.

Some of the most popular brands are the ones which are able to find the perfect balance between:

  • a friendly, warm relationship with customers and potential customers, which also often includes a fun, personal tone of voice (the 'brand personality') - in these interactions there is often an offering of something to the customer without an expectation of instant payback, and
  • a strong product which they offer at a good price with good 'market' benefits like free returns and so on.

One example of this is John Lewis, who have good customer service policies around returns etc but also offer free perks to their shoppers, like the maternity room where breastfeeding mothers can relax. One of my colleagues mentioned that, as a new mother, his girlfriend always prefers to shop at John Lewis over other competitor stores for that very reason. Now if this is purely a convenience factor for her, and after her child is older she stops shopping at John Lewis in favor of a cheaper option, you could argue that this is less of a social interaction and more market influenced (in some sense it serves as a service differentiator between JL and their customers). However, if after she no longer requires the service, she continues to shop there because she wants to reciprocate their past support of her as a breastfeeding mother, that pushes it more firmly into the realm of the social.

Another thing John Lewis do for their fans is the annual Christmas ad, which (much like the  Coca-Cola Santa truck in the UK) has become something which people look forward to each year because it's a heartwarming little story more than just an ad for a home and garden store. Their 2012 ad was my favorite (and a lot of other people's too, with over 4.5 million Youtube views).

But usually anytime a brand 'do something nice' for no immediate monetary benefit, it counts as a 'social' interaction - a classic example is Sainsbury's response to the little girl who wrote to them about 'tiger bread'.

Some of my other favorite examples of social norm interactions by brands are:

The catch is, you have to be careful and keep the 'mix' of social and market norms consistent.

Ariely uses the example of a bank when describing the danger of bringing social norms into a business relationship:

"What happens if a customer's check bounces? If the relationship is based on market norms, the bank charges a fee, and the customer shakes it off. Business is business. While the fee is annoying, it's nonetheless acceptable. In a social relationship, however, a hefty late fee--rather than a friendly call from the manager or an automatic fee waiver--is not only a relationship-killer; it's a stab in the back. Consumers will take personal offense. They'll leave the bank angry and spend hours complaining to their friends about this awful bank."

Richard Fergie also summed this issue up nicely in this G+ post about the recent outrage over Facebook manipulating users' emotions; in this case, the back-stab effect was due to the fact that the implicit agreement between the users and the company about what was being 'sold' and therefore 'valued' in the exchange changed without warning.

The basic rule of thumb is that whether you choose to emphasize market norms or social norms, you can't arbitrarily change the rules.

A side note about social media and brands: Act like a normal person

In a time when the average American aged 18-64 spends 2-3 hours a day on social media, it is only logical that we would start to see brands and the advertising industry follow suit. But if this is your only strategy for building relationships and interacting with your customers socially, it's not good enough. Instead, in this new 'relationship era' of advertising (as I've just pretentiously dubbed it, in true Ries-and-Trout fashion), the brands who will successfully merge market and social norms in their advertising will be the brands which are able to develop the sort of reciprocal relationships that we see with our friends and family. I wrote a post over on the Distilled blog about what social media marketers can learn from weddings. That was just one example, but the TL;DR is: as a brand, you still need to use social media the way that normal people do. Otherwise you risk becoming a Condescending Corporate Brand on Facebook. On Twitter too.

Social norms and authenticity: Why you actually do need to care

Another way in which brands tap into social norms are through their brand values. My colleague Hannah Smith talked about this in her post on The Future of Marketing. Moz themselves are a great example of a brand with strong values: for them it's TAGFEE. Hannah also gives the examples of Innocent Drinks (sustainability), Patagonia (environmentalism) and Nike (whose strapline 'Find Your Greatness' is about their brand values of everyone being able to 'achieve their own defining moment of greatness').

Havas Media have been doing some interesting work around trying to 'measure' brand sentiment with something call the 'Meaningful Brands Index' (MBi), based on how much a brand is perceived as making a meaningful difference in people's lives, both for personal wellbeing and collective wellbeing. Whether or not you like their approach, they have some interesting stats: apparently only 20% of brands worldwide are seen to 'meaningfully positively impact peoples' lives', but the brands that rank high on the MBi also tend to outperform other brands significantly (120%).

Now there may be a 'correlation vs causation' argument here, and I don't have space to explore it. But regardless of whether you like the MBi as a metric or not, countless case studies demonstrate that it's valuable for a brand to have strong brand values.

There are two basic rules of thumb when it comes to choosing brand values:

1) I t has to be relevant to what you do. If a bingo site is running an environmentalism campaign, it might seem a bit weird and it won't resonate well with your audience. You also need to watch out for accidental irony. For example, McDonalds and Coca-Cola came in for some flak when they sponsored the Olympics, due to their reputation as purveyors of unhealthy food/drink products.

Nike's #FindYourGreatness campaign, on the other hand, is a great example of how to tie in your values with your product. Another example is one of our clients at Distilled, SimplyBusiness, a business insurance company whose brand values include being 'the small business champion'. This has informed their content strategy, leading them to develop in-depth resources for small businesses, and it has served them very well.

2) I t can't be so closely connected to what you do that it comes across as self-serving. For example, NatWest's NatYes campaign claims to be about enabling people to become homeowners, but ultimately (in no small part thanks to the scary legal compliance small print about foreclosure) the authenticity of the message is undermined.

The most important thing when it comes to brand values: it's very easy for people to be cynical about brands and whether they 'care'. Havas did a survey that found that only 32% of people feel that brands communicate honestly about commitments and promises. So choose values that you do feel strongly about and follow through even if it means potentially alienating some people. The recent OKCupid vs Mozilla Firefox episode is an illustration of standing up for brand values (regardless of where you stand on this particular example, it got them a lot of positive publicity).

Key takeaways

So what can we take away from these basic principles of social norms and market norms? If you want to build a brand based on social relationships, here's 3 things to remember.

1) Your brand needs to provide something besides just a low price. In order to have a social relationship with your customers, your brand needs a personality, a tone of voice, and you need to do nice things for your customers without the expectation of immediate payback.

2) You need to keep your mix of social and market norms consistent at every stage of the customer lifecycle. Don't pull the rug out from under your loyal fans by hitting them with surprise costs after they checkout or other tricks. And don't give new customers significantly better benefits. What you gain in the short term you will lose in the long term resentment they will feel about having been fooled. Instead, treat them with transparency and fairness and be responsive to customer service issues.

3) You need brand values that make sense for your brand and that you (personally and as a company) really believe in. Don't have values that don't relate to your core business. Don't have values which are obviously self-serving. Don't be accidentally ironic like McDonalds.

---

Have you seen examples of brands building customer relationships based on social norms? Did it work? Do you do this type of relationship-building for your brand?

I'd love to hear your thoughts in the comments.


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