“As with podcasting, this presidential election was also less about left vs. right than it was about people vs. brands. No one understood this better than Donald Trump, who doubled down on his parasocial relationship with millions of Americans while actively disassociating from the Republican brand. It was the ultimate people-over-brand strategy.”
Discussion
“The corporate world has started to wake up to the power of the person, but the movement was started years ago by Elon Musk. From the beginning, Musk knew he was Tesla’s greatest commercial. This is why the company never ran ads. Instead, like Trump, he plastered himself everywhere — at every conference and on every network. His tweeting frequency went from mildly obsessive to clinically insane. He quickly amassed nearly 200 million Twitter followers, then bought the platform. People wonder how Tesla commands a valuation premium 10x greater than its peers while spending only four ad dollars per vehicle sold. The answer is Elon Musk.”
“Meta’s worst rebrand happened three years ago when the company tried to wash away its sins by switching from Facebook to Meta. It didn’t work, and brand trust tanked. Its best rebrand, however, came this year, when Mark Zuckerberg went from awkward coat-and-tie-wearing Senate-hearing prop, to gold-chain-donning T-Pain-loving jiu-jitsu fighter.”
“I remind you that more than 1 in 10 Americans today have no close friends. Single-person households now make up 29% of all households — up from 13% in 1960. We are more socially isolated than ever before. These are important facts for businesses to know if they are to understand their customers, but they’re also important facts in and of themselves.”
