
Young consumers today are not just seeking products or services; they are seeking brands that align with their values. According to studies, a significant 67% of young consumers believe that brands should take a stance on social issues, while 64% identify as belief-driven buyers. This means that their brand choices are influenced by a company's position on social or political matters.
Demonstrating Authenticity: Showcasing Values and Beliefs
To capture the attention of these discerning consumers, companies must showcase authenticity and emphasise their values. Research from Accenture highlights that 63% of Millennials and Gen Z consumers prefer to support companies that reflect their social and environmental values when making purchasing decisions.
The Power of Brand Storytelling
One powerful method for companies to showcase their values and beliefs is through storytelling. By sharing the story of how their brand came to be, the core beliefs they hold, the problems they are determined to solve, and their commitment to community involvement, companies can forge an emotional connection with young consumers.
Crafting a Unique Identity
Telling the brand story is not a mere marketing tactic; it is an opportunity to convey the company's mission and values. It allows for the creation of a distinct identity that resonates with the target audience and sets the brand apart from competitors.
Building Brand Loyalty: The Path to Success
To cultivate brand loyalty among socially conscious young consumers, companies must effectively showcase their values, beliefs, and mission. By infusing a human touch into their marketing approach and sharing their brand story, companies can establish a deep emotional connection with their audience, demonstrate authenticity, and differentiate themselves from competitors.
Best Practices
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