12/08/2020
Why Covid-19 is transforming the way we build brands ?
One of the clearest trends to have emerged from the Covid-19 pandemic is that consumers have changed their shopping habits, radical shifts in buying behaviour may prove to be permanent.
So what we can do ?
Embrace trial and error
Brands need to get products to market much quicker, testing them with target consumers and rapidly learning and adapting from the results. For established brands encumbered with legacy business models, this shorter development cycle may pose a significant challenge. One way of breaking the resistance to trial and error is to work with smaller, more nimble partners that can iterate ideas quickly, and get them out into testing and the market. It’s all about embracing the digital first mentality of ‘done is better than perfect‘, where executing an idea and iterating constantly based on user research is the goal.
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