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330) Why Stories Matter More Than Ever in the Age of AI

330) Why Stories Matter More Than Ever in the Age of AI

FromBanking on Digital Growth


330) Why Stories Matter More Than Ever in the Age of AI

FromBanking on Digital Growth

ratings:
Length:
33 minutes
Released:
Sep 5, 2023
Format:
Podcast episode

Description

In this podcast episode, James Robert Lay discusses the importance of storytelling in marketing and sales strategies for banks and credit unions. Brands often neglect to effectively utilize narrative in their communication, instead focusing on rates, service, and features. 

James Robert introduces the concept of the "Narcissistic Marketing Model," where brands position themselves as the hero of their own story, ignoring the consumer's point of view. He argues that financial brands should instead position themselves as the empathetic guide, connecting and empowering people towards a better future. 

Join us as we discuss:

-How Duracell transformed their ad strategy (04:01)

-The Narcissistic Marketing Model (13:57) 

-The power of visual storytelling for emotional connection (24:44)

You can find this episode and many more by subscribing to Banking on Digital Growth on Apple Podcasts, on Spotify, or here. 
Released:
Sep 5, 2023
Format:
Podcast episode

Titles in the series (100)

If you’re part of a financial brand marketing, sales, or leadership team, you know the entire industry is in the midst of exponential change fueled by new technologies. Consumers now make purchase decisions long before they walk into a physical branch location, if they walk into a branch at all, while mobile banks, digital lenders, and fintechs have transformed traditional growth models rooted in legacy broadcast marketing and branch sales strategies.Get ready to gain practical insights, proven ideas, and empowering inspiration as financial brand marketing and sales leaders, along with the leading digital marketing and sales technology firms, share their stories to help you maximize your digital growth potential here on Banking on Digital Growth.