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Why Marketing Must Make People Believe, Not Just Buy: Akhil Almeida, Chief Marketing Officer, Bandhan Life Insurance

Author
ContraMinds Labs
Published
Fri 28 Mar 2025
Episode Link
None

In today's fast-paced business landscape, marketing strategies often focus on driving sales and conversions. However, marketing leader Albert Almeida argues that marketing must go beyond just making people buy, and instead, make them believe. 

In this insightful episode, Albert shares his thoughts on the importance of building trust and credibility with your customers and target audience. He delves into the psychology of marketing, highlighting the need for brands to create an emotional connection with their customers. As the CMO of a leading insurance company in India, Albert Almeida has firsthand experience in building a strong brand identity that resonates with people. 

Listen in to learn valuable marketing skills and leadership lessons from a seasoned entrepreneur, and discover how to take your business to the next level. Whether you're a founder, entrepreneur, or simply looking to improve your marketing skills, striving for personal growth and professional excellence, or looking for career development advice as a marketer and wanting self-improvement, this episode is a must-listen.

The Journey from Content to Conversion

Akhil Almeida shares his remarkable journey from Virgin Records to becoming Head of Marketing at Bandhan Life Insurance. With over two decades of experience across music, market research, and financial services, Akhil reveals his core marketing philosophy: "Marketing isn't about selling. It's about making people believe." Tracing his pioneering work in predictive content intelligence at Kantar and E-commerce research panels tracking 60,000 online shoppers, Akhil demonstrates how understanding consumer behavior at a deep level is the foundation for building brands people genuinely care about.


Beyond Data: Creating Meaningful Marketing Strategies

Akhil identifies three critical skills modern marketers must master: 

1. Pattern recognition to spot cultural shifts before they go mainstream2. Agility to pivot quickly when playbooks become outdated 3. Commercial acumen to articulate ROI to leadershipUsing his experience transforming Bandhan Life Insurance, he illustrates how focusing on underserved segments like self-employed individuals (60% of India's workforce) created strategic advantage in a crowded market. Perhaps most valuably, Akhil emphasizes the crucial distinction between data and insight: "Data tells you what people do, insight tells you why they're doing it. Data without interpretation is just noise." Through practical examples of landing page optimization and brand-agency partnerships, he demonstrates how cultivating insight as a daily ritual ultimately drives marketing that shapes behavior, builds habits, and creates long-term brand value.

⁠For Show Notes, Selected Links and Resources

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About Akhil Almeida

Akhil Almeida, now the Head of Marketing of Bandhan Life, is a dynamic leader with over two decades of experience in marketing, specializing in brand building, digital strategies, and consumer insights. 

Timestamps

00:01:45:13 - 00:05:57:08 From Virgin Records to Marketing Pro: Akhil's Journey


00:05:57:09 - 00:13:32:13 Predictive Content: The Next Big Thing in Marketing?


00:13:32:14 - 00:16:45:

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