Brett is the Chief Marketing Officer of Monotype and is responsible for the companys worldwide marketing and product strategies.In todays brand landscape, consumers are rejecting traditional advertising in favor of transparent, personalized and most importantly, authentic communications.
In fact, 86% of consumers say that authenticity is important when deciding which brands they support.
Driven by this growing emphasis on brand sincerity, marketers are increasingly leveraging user-generated content (UGC) in their marketing and e-commerce strategies.Correlated with the rise in the use of UGC is an increase in privacy-focused regulation such as the European Unions industry-defining General Data Protection Regulation (GDPR), the along with others that will go into effect in the coming years, like the California Consumer Protection Act (CCPA), and several other state-specific laws.
Quite naturally, brands are asking themselves two questions:Is it worth the effort to incorporate UGC into our marketing strategy?And if so, how do we do it within the rules, and more importantly, in adherence with the expectations of consumers?Consumers seek to be active participants in their favorite companies brand identity journey, rather than passive recipients of brand-created messages.
Consumers trust images by other consumers on social media seven times more than advertising.Additionally, 56% are more likely to buy a product after seeing it featured in a positive or relatable user-generated image.
The research and results clearly show that the average consumer perceives content from a peer to be more trustworthy than brand-driven content.With that in mind, we must help brands leverage UGC with approaches that comply with privacy regulations while also engaging customers in an authentic way.