Sustainability is become a more important brand asset with the years. Additionally, the majority of consumers have the intention to pay more for environmentally sustainable packaging (Popovic et al., 2020). However, consumers often don’t know what sustainable packaging should look like (Boz et al., 2020). Mostly, consumers categorize packaging in one of three categories: recyclable, re-usable or wasteful.
In recent years, there has been increasing interest in using behavioral economics principles to "nudge" individuals towards making healthier and more sustainable choices. One area where these nudges may be particularly effective is in reducing food waste and increasing vegetable intake.
From Kodak to Coca-Cola. And from KitKat to Kool-Aid. Over the years, many brands have been born with the letter -K as their first phoneme. This preference among branding practitioners was so apparent that Schloss (1981), who was first to quantify the overrepresentation of the letter K, has dubbed his linguistic discovery the “K effect”.
Is there something magical about the letter K that made it the phoneme of choice among brand creatives? Should new brands adopt it as well, or is it wiser to avoid it nowadays? And how did the K effect fare in recent years? Recently, a new study has been conducted to see whether K has held its ground in 2021.
We all know stories that show us a conflict followed by a solution. These are called reversal stories.Conflict reversal stories in advertising can help consumers understand product benefits. The stories present obstacles and solutions that consumers themselves might identify with. → If consumers can connect with the story, they can connect with the brand. However, when the conflict in such a story is for example a hurricane, this has a more positive effect on products like furniture or clothing than it would have on experience products like a pain killer. Want to know why? Then read our latest article!
A lot has been said and written about the current COVID-19 pandemic and we’ve learned much from it. In the past year, great advances have been made in fields such as healthcare, hygiene, viral transmission and governmental responses to crises. Keep reading to find out the lessons we learned which can turn out to be a great advantage for governmental institutions and businesses in all sectors!