Five Principles For Today’s Retail Branding
January 20, 2018 in Strategy
Throw out your old retail calendar and start to adopt a new mindset ready for today’s challenges.
What’s happening in the world today:
- Our country is divided more than ever.
- Social issues have become social causes.
- Consumer mindsets have shifted from fear to courage.
- Shoppers expect the brands they support to reflect their ideals.
Here’s what to do about it:
- Assess with purpose: give people reasons to shop rather than excuses to buy.
- Defend with empathy: sale events shouldn’t go against customers’ beliefs or feed people’s fears.
- Differentiate by protecting: identify context rooted in a sense of empathy and purpose.
- Disrupt by fulfilling: deliver to underserved and/or ignored customer mindsets.
- Build with consciousness: be sensitive to icons and symbols that further protection and progress.
Caveat: In order to work, the above principles must reflect your purpose, values, and, most importantly, your operational practices.
Start putting your strategy into action, and let’s work together.