The Value of Community
The growing resistance to transaction logic is a notable trend in community building. Brands are often focused on measuring the return on investment (ROI) of their community-building efforts, but this approach can be misguided. As one community leader notes, "My community is not your goods, we are people, not data points on a pitch deck." This highlights the importance of building trust, care, and long-term investments in communities, rather than simply viewing them as transactional spaces.
Measuring Success
Measuring the success of community-building efforts can be challenging. Traditional metrics such as impressions, reach, and conversions may not be effective in capturing the value of personal experiences. A new metric, "quality time," has been proposed as a way to quantify the depth of connection created through community events. This approach recognizes that loyalty and meaningful relationships are built through shared experiences and personal connections.
Authenticity and Co-Creation
For brands to succeed in community building, they must prioritize authenticity and co-creation. This means working closely with community leaders to develop events and activities that are tailored to the community’s needs and interests. Simply showing up with a check or a camera crew can be counterproductive, as it can make the community feel like a commercial shoot. Instead, brands must be willing to invest time and resources in building meaningful relationships with community members.
The Risks of Scaling
As community building becomes increasingly popular, there is a risk of scaling compromises. This can include opening up events to larger audiences or compromising on the community’s values and mission. However, this approach can be detrimental to the community’s long-term success. Community leaders must be careful to balance growth with authenticity and integrity, ensuring that the community remains true to its core values and mission.
The Importance of Personal Connection
In a culture that is increasingly overwhelmed by content and driven by algorithmic engagement, the ability to foster meaningful personal connections has become rare and valuable. Brands that prioritize community building and personal connection can reap significant rewards, including loyalty and long-term engagement. By recognizing the value of personal connection and investing in community building, brands can create meaningful relationships with their customers and build a loyal following.
