In today's dynamic business landscape, building a brand is not just about creating an appealing logo or crafting a catchy slogan. It's a multifaceted journey that involves defining your brand strategy, developing a distinct identity, and consistently telling your business's story to the world. This process, known as brand building, is crucial for enhancing brand recognition, promoting products or services, and establishing connections with your target audience.
What is Brand Building?
Brand building is the ongoing process of promoting your brand, aiming to increase brand recognition, advertise products or services, and connect with your audience in their daily lives. Think of iconic brands like Nike or McDonald's – their corporate brand images are the result of years of meticulous marketing campaigns.
However, building a brand is not a one-time effort. It's an evolving process that requires continuous adaptation to the changing business landscape. In the age of social media and 'cancel culture,' protecting your brand has become more challenging yet essential.
Protecting your brand in the age of Cancel Culture
In recent years, 'cancel culture' has gained prominence, fueled by the influence of social media. This phenomenon involves withdrawing support for a person or business based on their opinions or behavior. For brands, engaging in controversial issues can lead to significant damage, with potential consequences like loss of customers and declining stock value.
The Cancel Culture controversy in marketing: Many brands traditionally refrained from engaging in politics to avoid alienating portions of their customer base. However, with the rise of cancel culture, even seemingly neutral actions can provoke backlash. For instance, Bud Light's use of a transgender spokesperson led to a substantial drop in Anheuser Busch InBev's stock value.
Consumer response to brand stances: Over 60% of customers worldwide report that they would avoid doing business with a company based on its stance on a social or political issue. Boycotting has become a common response, highlighting the need for brands to navigate this landscape carefully.
How to build your brand for a volatile future
Building a robust brand identity is more critical than ever in today's competitive business environment. Here are five steps to help you build a brand with a strong identity:
Dos and Don’ts of Building a Brand in the Age of Cancel Culture
To navigate the challenges posed by cancel culture, here are some essential tips:
Dos:
Don’ts:
What to Do if Your Brand is Cancelled?
If your brand faces the threat of cancellation, transparency and humility are key. Respond directly to claims, apologize sincerely, and follow up with real progress or action. Rebuilding your brand requires genuine remorse and a commitment to change.
Tips to navigate Cancel Culture and protect your business
While customers increasingly expect brands to take a position on societal issues, it's crucial to approach this with authenticity. Avoid using social concerns as mere marketing gimmicks, and be prepared to back your brand's stance with genuine action. Building a brand and navigating cancel culture require strategic planning, ongoing adaptation, and a commitment to transparency and inclusivity.
If your organization needs assistance in brand building or is facing the threat of cancellation, consider reaching out to Purpose Communications for expert PR services. We're here to help you navigate the complex landscape of brand building and protection in today's ever-changing environment.
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