emotionally meaningful

The traditional value proposition is defined as: Value = Benefits – Cost. In other words, people buy from brands that deliver more for less. In the past, when the focus has been on “faster, cheaper, bigger, now”, it was enough to think only about the rational benefits your brand offered – and to build your value proposition from there. Today there is a need to radically overhaul the definition of “benefits” when articulating value propositions. Today people are seeking ways to create new meaning in their lives, brands need to go beyond rational appeals and...