Kantar: brand trust can no longer be assumed

Kantar: brand trust can no longer be assumed

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Brand trust can no longer be assumed, it must be earned, and consumers now require brands to prove they are trustworthy through identification, integrity and inclusion.

This is the advice from Sarah King, global brand domain lead of Kantar, who also said trust in general is low, not just for brands, and only a quarter of Australian brands are seen as trustworthy by consumers.

“We are in a great big emotional vortex at the moment, so trust in general is low. There is a great climate of untrust, and trust matters,” King told CMO.

“In Australia, only about a quarter of brands are trusted by consumers, and that’s a big problem because trust matters; emotionally, ethically, and commercially it’s very important. Trusted brands are healthier brands. Research shows brands perceived as dishonest suffer a decline in brand value and trusted brands win more often.”

In addition, trust varies a lot by category. Some brands are generally low on trust, like banks and communications providers, for example. For King, brands seeking trust must think about the issues around the general brand as well.



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