Daily Archives: March 5, 2020

Story or Proof?

0

“We have got to tell our story, said Mark Reuss, president of G.M., “The story hasn’t gotten out,” he added when talking about G.M.’s electronic vehicle business. Since December Tesla stock has doubled into the $700s. G.M. is down 25% since it’s 52-week high in July.

Back in the 60s during the NY World’s Fair, the G.M. pavilion showed the future of the automobile. It was an experiential phenomenon the likes of which the world had never seen. And today Mr. Reuss rues the fact that G.M.’s problem is in storytelling; in public relations and Super Bowl ads.

Where most marketers go wrong and they do so at the behest of their branding counsel is in storytelling. They rely too much on this pop-marketing practice. Ty Montague, of Co-Collective understands this and has morphed storytelling into story-doing. The fact is it’s not about telling a story to consumers, it’s about what consumer play back to you. It’s about what consumers think. Consumers are swimming in an ocean of storytelling, while they should be standing on the terra firma of reality. On experience.

Elon Musk built an electric car. He didn’t proselytize about it. Ish.

Proof is how one builds a brand. And proof is how one builds a brand strategy. Not the other way around.

G.M. has been dormant for so long it has become a marketing company of storytellers. Mary Barra, may just have woken up and decided it’s time to “do.” It’s time to launch a fleet of electronic vehicles.

Let’s hope so. Peace.