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STORYTELLING
Submitted by Group 7
Prachi Mohan 14P033
Rishabh Sood 14P039
Srishti Jain 14P050
Devang Nahar 14P075
Diksha Mahajan 14P077
INTRODUCTION
NEED GAPS
With so much that storytelling does for the brand and
the business it is important to study its impact and
what has an impact on it
The overall impact of storytelling on the tangible and
intangible aspects of brand value
Brand storytelling might serve as a way to bind the
customers to a particular message, and thus increase
engagement
The key elements of brand story telling that increase
the brand recall
Research questions:
How brand storytelling impacts the perceived brand
image
Does brand experience impact brand value positively
or negatively
HYPOTHESIS
1. Brand storytelling positively impacts the perceived
brand image
2. Brand value is positively correlated with brand
experience
DATA COLLECTION
QUESTIONNAIRE
HYPOTHESIS-1 ANALYSIS
Brand storytelling positively
impacts the perceived brand
image
Suppose you were ignorant of the history and innovation and general customer
loyalty surrounding Apple. How would Apple fare then? (5 being the highest)
E COMMERCE: IMPACT OF
DIFFERENT TYPES OF BRAND
STORYTELLING
This question explores the impact of different types of
storytelling for different brands in the same industry (E
commerce here)
Flipkart, being an online marketplace, used the element of
trust in its marketing communication, as part of its
storytelling, to connect with its target audience
In contrast its competing firms, Amazon & Snapdeal, used
variety and emotional connect respectively as its focus of
brand storytelling
The consumers rated the Flipkart ad campaign to be the
best amongst the 3
Brands in the same industry can build their brand image
using brand storytelling as part of its marketing
communication, the success of which will depend on the
connect of each with the customers
Recall the little kid in the 'jalebi?' ad (90's ad). Which cooking oil was shown in
the ad?
HYPOTHESIS-2 ANALYSIS
Brand value is positively
correlated with brand
experience
Suppose the option you picked in the above question ceased to exist, how would
you rate Starbucks, if you initially rated it 5/5?
CONCLUSION
RECOMMENDATIONS
LIMITATIONS
Small sample set due to paucity of time
o Quantitative methods and statistical tools could be used for
future research by testing with a large sample size
o Bias could have occurred due to male female ratio
o
FUTURE SCOPE
Future research can be done by segregating
consumers on a demographic and psychographic
basis like region, income etc
Further understanding and impact of digital
elements in storytelling
THANK
YOU!