Advertising is notorious for creating hyperbole;
humour and entertainment are often the key to being likeable and memorable.
When it comes down to the sales figures though will it pay off? In Nielsen's
recent study into global trust in advertising,
personal and informative referrals remain at the top of the list. 92% of those
who participated in the online study (a total of 28,000 respondents) trust
earned media, such as recommendations from family or friends, over all other
types.
Online consumer reviews are the second most
trusted for brand or message advice. Editorial content and branded websites are
the next most trusted forms, while consumer trust in online, social and mobile
advertising has also grown. Confidence has declined for traditional media
with a 20-25% decrease in trust of television, magazine and newspaper ads
between 2009 and 2011.
This study confirms a long-standing trend in
humanity to trust and believe our friends and family above all else. The high
placement of editorial content represents how PR is a big communications threat
to the advertising industry. What PR lacks, however, is the creativity we find
in advertising that builds a brand identity; creating an intangible asset that
has so much value and symbolic association for its supporters.
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