Top-Performing Brands Embrace Three Truths

Top-Performing Brands Embrace Three Truths

What do top brands know? Top-performing brands in the World’s Simplest Brands study commit to one of three truths: sustainability, glocalization, and digitization. Below, I examine the themes, drawing on examples from the Top 10 performers across the globe.

Climate-Conscious Innovation

Many companies are on a quest to proactively and positively impact people and the planet, spurring sustainability to be a vital component of brand passion and purpose. From Boston to Berlin, Stockholm to Shanghai, people awarded brands that prioritized sustainability and, in doing so, the success of society—both present and future.

In China, KFC is offering more vegan options, including ice cream, chicken nuggets, and burgers. United Arab Emirates’ LuLu Hypermarket has instituted a zero-waste refill program, encouraging customers to use their own reusable containers when shopping. The German retailer dm has created a series of environmentally neutral products called “Pro Climate.” And the Swedish furniture giant IKEA’s buy-back program resells secondhand furniture, embodying the idea of being stylish and sustainable.

But there is a vast gulf between greenwashing and genuine goodwill. When enforcing programs that align purpose with the planet, success with sustainability, analyze:

  • On behalf of our brand, what concrete commitments will make a positive environmental impact?
  • Where can our brand travel as it relates to sustainability?
  • How can we provide all stakeholders with sustainability-related value?

Shop “Glocal”

Glocalization involves expanding a global brand’s influence in a local market—making a brand both intercontinental and individual. And while a global brand’s efforts might have a local accent in each market, the company’s purpose is consistent and authentic. This makes a global brand come to life in the context of the local community, engendering trust and brand loyalty.

Google Pay’s partnership with Groupon—experience-supplier extraordinaire—highlights their commitment to supporting local businesses, as users have access to thousands of unique local experiences. While known for its e-commerce, Amazon has opened a brick-and-mortar hair salon in East London. Exemplifying the “try-before-you-buy" approach, shoppers can use augmented reality to test new styles. Uniqlo has placed vending machines—stocked with down jackets and T-shirts—in local airports, positioning the Japanese retailer as a travel essential and a household name.

Balancing globalization and localization is a complex task facing many brands today. But, when successful, the rewards are immense and, in some cases, necessary for business continuity. When transplanting a global brand to a local setting, explore:

  • Will our brand purpose translate?
  • What role will our brand play in collaborating with the local community?
  • What local values can we infuse in our global brand?

Home Screen Home??

The journey for many brands that we welcome into our lives and homes begins on a screen. In the current era, whether working, learning, shopping, streaming, investing, escaping, communicating, or gaming, pivoting across screens is a part of daily life. As our world becomes increasingly more digital, people across the globe prefer and rely on brands that generate congruency between online and offline.

In the United States, Dunkin’ has opened its first digital-only restaurant. Customers make selections through the mobile app or an in-store kiosk, ordering their coffee with a splash of convenience. In India, the MyGov Corona Helpdesk on WhatsApp enables users to locate the nearest vaccination centers and book vaccine appointments. And in Saudi Arabia, Snapchat users are utilizing the power of augmented reality to interact with and explore brands across a variety of industries.?

Digital transformation has sped up—and isn’t slowing down. With every digital experience comes a new opportunity for connection. When occupying multiple channels, consider:

  • What is our commitment to taking our brand’s digital experience(s) to the next level?
  • How have we crafted online and offline to be synergistic?
  • How are we serving our consumers in a meaningful way?

Consumers the world over demand simplified brand experiences, presenting challenges and opportunities for consumers and brands alike. It is imperative that you evaluate how your brand can incorporate these trends in a context that matters and makes sense to your community. Harnessing them will lead to simplicity and success.

See Siegel+Gale’s hallmark World’s Simplest Brands study here .

A version of this article first appeared in Little Black Book .

Katrina Klier

CEO | GTM Leader | CMO | Former Accenture, Microsoft, HP | Board Director | NACD.DC Directorship Certified | Private Directors Association

2 年

Excellent points for companies looking to stay on the leading edge of great branding. Thanks for sharing Margaret Molloy !

Arlene Amitirigala

Global Communications Leader I Board Director I Podcast Producer & Host - The Change Diaries Podcast

2 年

Excellent provocations for brands to consider.

Shavi Gupta

CFO | COO | Startup Operations | Board Member | Advisor | Mentor

2 年

Excellent learnings from top global names on branding. Specially like how important it is to make the connection between the trends and the community you serve! Thanks for sharing Margaret Molloy

Helena Verellen

CMO|Co-Founder|International Business Development & Growth|Technology, Media, Entertainment

2 年

Thank you Margaret Molloy and I have always been a huge fan of the glocal approach!

Jennifer Hoege, MBA, SHRM-SCP, CPCC, ACC

I Help the C-Suite of Large Companies Navigate Times of Major Transformation: Executive and Team Coach | Fractional/Interim COO & CHRO | Change Management Leader | M&A Integration Leader | Culture Catalyst

2 年

Looks like the 2022 marketing update I needed as compared to my marketing MBA class 10 years ago! Well done Margaret Molloy

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