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. Sales and market share matter, but the way a company attains them is equally crucial.
Brands that focus on sustainable impact add real value for their customers. It brings ethics and value-based decisions to the forefront, strengthening communication with key stakeholders, especially customers. It also encompasses the aspirational benefits that confirm their cultural values and ethos, a brand promise that assures safety & compliance and gives them a positive identity for owning the branded product.
By adopting sustainable thinking, companies can address significant challenges, spot risks, and identify opportunities for their brands. Although performance on the triple bottom line—economic, environmental, social—may seem secondary, considering it helps brands leave a long-lasting mark on target customers.
Ultimately, the value you offer is the value you get back. 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. No brand can hope to grow at the expense of its environment, customers, or the broader community. The more a brand looks after its stakeholders, environment, and community while mitigating risks, the bigger the positive impact it has—not only for itself but for the entire industry.
Rising consciousness about climate issues, development goals, and Creative Agency social care has changed customers’ values significantly. Long-term, customers will pay more for brands that truly align with their core values and beliefs. Hence, a brand’s strategic shift towards creating sustainable impact not only gives it an opportunity to mitigate compliance risks but also resonates well with the global shift towards creating a sustainable world.
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.
At Brandure, we believe every communication asset—be it the brand name, logo, website, emailer, ESG or annual report, ads, newsletter, or packaging—should be consistent and work together. This wholistic communication approach creates communication synergy in creating sustainable brand impact. At Brandure, we’re committed to helping you achieve this vision.
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.