Many companies use nostalgic marketing to tap into past emotions
to drive current sales. While it can be very effective if it works, it can also
be very damaging if it doesn’t. Companies from food products to video games try
taking a new twist on an old idea to boost sales.
These companies take a symbolic shared image or experience
to promote their product. There are many advantages when taking this marketing
route. Loyal customers remember those happy memories associated with the
product and continue to stay devoted. Bringing up feelings of nostalgia in
consumers increases their emotional engagement in the product. If they have
history with the product and a sense of familiarity they are more likely to
associates positives thoughts about the products. It is also easier for the
companies because it is less costly and risky to just reinvent and already
known image rather than reinventing and entire new image that society cannot
relate to.
There are disadvantages about nostalgic advertising that
should be taken into account as well. A company should have an idea of many
consumers experienced the product in the past and will be able to actually have
a connection with it and recall happy memories to induce that nostalgic
feeling. This also runs the risk of recalling negative association with the
product and therefore negative attitudes towards the product. Some people just
may not be able to relate to the product and it may distance those people as
potential consumers.
In certain cases this may not be the best strategy for some
brands or products. It is possible that for certain products the consumers that
would have nostalgic feelings about may have no use the product anymore.
Certain brands or products may not have been out long enough for consumers to
establish a sense of loyalty with it that would create that nostalgic feeling,
so there would be no benefit in using that type of advertising

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