Strategy. Innovation. Brand.

Building Brands by Building Trust

What’s a brand?  In essence, it’s a promise that’s been consistently fulfilled. The promise has been kept in the past and we’ve come to trust that it will be fulfilled in the future. Coca Cola, for instance, has always tasted the same — no matter where or when the product is purchased. We’re confident that the same taste will be delivered in the future. In other words, we trust Coca Cola will keep its promise and we feel safe in buying the product. The brand has reduced risk and uncertainty in our lives.

What’s the essence of brand building? Consistently fulfilling the same promise. If the company behind the brand has many employees who deliver customer services, then they all must understand the brand promise and fulfill it in their daily activities. If they do, trust will be enhanced and the brand will grow. If they don’t, the lack of consistency undermines trust and customers lose confidence in the business. Customers will start to wonder whether they can trust that the brand will fulfill its promises in the future.

Learn more in the video.

 

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