How To Build A Brand In The Digital Age
When we talk about building brands in the digital age, so many advertising folks make it seem complicated. Is it about upping your content strategy or investing in mobile? Using customer data or developing an engagement strategy? What the hell does engagement strategy even mean?! But really when we take a step back, we realize that building brands in the digital age is SIMPLE.
It's about putting the customer first by understanding their needs.
What does that mean? Now more than ever, every customer touch point is digital. Every interaction with a brand can get broadcasted across various social channels through Facebook, Twitter, Instagram, etc. Information can be spread like wildfire and reputation is key. Digital is a tool like anything else - so understanding a person's overarching needs as it relates to that category is key without segmenting out their digital behaviors.
So how would this play out with a newly created brand in the digital age? Recently, I received a box from Oscar Health insurance. Oscar is a new startup health insurance company that I chose to try out because bigger health insurance companies like UnitedHealthcare have shown time and time again how dishonest their practices were. Whether through burying information deep inside the fine print or having poorly made websites that are impossible to navigate, bigger health insurance companies have shown that they are not customer focused. I don't get the sense that they see me as any more than a being that generates revenue.
But Oscar has proved so far that they are different. In order to build their brand, they are building their reputation one customer at a time. When I first signed up, I received a phone call from them asking if I had any questions. On the flip side, I remember with my old insurance, even getting on the phone with an actual human being was such a hassle that I imagined their system was purposely set up so customers would give up on this task. Oscar's website is easy to navigate and clear as to what they offer whereas previous insurance websites were at least 5 years behind in design and technology.
So why is this box so important and how is it part of building a brand in the digital age? In the box, every aspect of the plan is clearly laid out and it's easy for me to find what I'm looking for. It feels personalized and almost precious which speaks to this trend of valuing physical objects (anti-digital) and of Millennials, especially, searching for meaning in the digital age. Instead of receiving a standard, generic, large envelope that will eventually become buried and lost among my papers, I have a bright blue box that can nicely reside among my files or even be used to store something else. The box itself relies on high quality design, forgoing cheesy stock images for peppy colors and expressive type to relay information. While it's too soon to tell how they're doing, they're off to a good start and gaining interest in the process. If similar disruptors like Warby Parker are any indicator, Oscar may be the health insurance solution for the biggest generation in the United States - and an industry ripe for disruption will find a leader.