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