CREATING SUSTAINABLE BRAND IMPACT
Creating a sustainable brand impact not only helps to create positive perceptions about the brand but also enables marketers to support sustainable growth in the long term. Sustainability in branding refers to the skill to expand today while ensuring long-term growth is not jeopardized. It is more of a holistic strategic approach that emphasizes a long-term vision to excel rather than short-term tactics to increase sales yields.
It is a new paradigm that infuses the element of business responsibility in the brand strategy and gives an opportunity to differentiate it from the clutter of me-too brands. Growth in sales and market share do reflect performance, but the path to achieving them is just as important.
A brand that builds a sustainable impact delivers extra benefits to its customers. It emphasizes on sustain ethics and value judgments that help to improve brand communication with important stakeholders, mainly customers. The approach also includes aspirational aspects—validating cultural values, promising safety and compliance, and offering a positive sense of identity to those who choose the brand.
A sustainable thinking approach aimed at creating a positive and lasting impact helps the company address key material issues faced by the brand and identify the risks and opportunities. Even if the triple bottom line (economic, environmental, social) seems irrelevant to some, addressing these dimensions can create a powerful impact on customers’ minds.
Ultimately, what you give, that you get. You deliver a superior value proposition to the customer with sustainable benefits, you get it translated into a higher economic value for the firm. At the same time, it results in positive brand identity and brand loyalty. Customers are increasingly becoming conscious today of ethical practices, social responsibility, and impact on the environment, safety & health. As a result, when brands make a sustainable impression, their loyal customers become advocates, further defining and distinguishing the brand.
It creates a positive cycle for transparency and sustainability. Brands cannot seek growth by neglecting the environment, customers, or wider society. The Graphic Design Agency more the brand safeguards the interests of stakeholders, the environment, and the community, and takes risk mitigation measures sincerely, more is the more positive impact it creates in terms of the growth of the category and industry apart from achieving its own growth.
Increased awareness about climate change, sustainable development goals, and caring for the less privileged have greatly influenced the value judgments of customers. In the long term, customers are willing to pay an extra brand premium for the brand that augurs well with their values and belief. Thus, shifting brand strategy towards sustainability helps avoid compliance issues and positions the brand favorably in a world moving towards sustainability.
This approach is more important, when a brand striving for higher growth in the long term and natural resources are material for its growth & sustainability, or when a brand owns up a cause and creates a big positive impact. As every brand is different, and have different strategies, different opportunities, and different value proposition, brand strategists can proactively look for opportunities to achieve inclusive growth or create a major socio-economic impact. When sustainability becomes a core part of branding, it results in greater acceptance and resonance with target groups.
Brandure maintains that all branding elements—logos, names, websites, reports, emails, ads, packaging—should communicate cohesively and support one another. This wholistic communication approach creates communication synergy in creating sustainable brand impact. And We at Brandure, help you achieve that.
As Stephen Covey famously noted, “there are three constants in life…change, choice, and principles.” This is the apt saying if we apply it in the context of creating sustainable brand impact.