CREATING SUSTAINABLE BRAND IMPACT
By focusing on sustainable brand impact, they foster positive perceptions and pave the way for marketers to support ongoing growth. Brand sustainability means the ability to thrive now without sacrificing future growth opportunities. It’s a holistic strategy focused on long-term excellence, not just quick wins or short-lived sales boosts.
A new era has emerged where business responsibility is woven into brand strategies, setting brands apart from the crowd. While sales growth and market share are important performance indicators of a brand’s performance, it is also important how the Company achieves them.
When a brand creates a sustainable impact, it results in augmenting the benefits to the customers. It emphasizes on sustain ethics and value judgments that help to improve brand communication with important stakeholders, mainly customers. It also addresses aspirational needs, aligning with customers’ cultural beliefs and providing a sense of safety, compliance, and a positive identity through brand ownership.
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. While a brand’s performance across the triple bottom line i.e. economic, environmental, and social may sound immaterial to some, addressing the brand’s impact on it can help create a lasting imprint in the minds of the target customers.
Ultimately, what you give, that you get. When brands offer customers greater value through sustainability, it comes back as increased business value. 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. So, when a brand creates a sustainable impact on target audiences, the customers who own and endorse the branded product in long term also become ambassadors to give a distinct identity to the brand.
This process fosters an ongoing cycle of transparency and sustainable growth. No brand can hope to grow at the expense of its environment, customers, or the broader community. The more sincerely a brand protects stakeholders, the environment, and the community—and actively manages risks—the greater the positive effect on both industry and category growth, not just its own.
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, Creative Agency 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.
Stephen Covey aptly said, “there are three constants in life…change, choice, and principles.” This quote is particularly relevant when applied to the journey of sustainable brand impact.