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Brand Management Assignment
Brand Management Assignment
Brand Management Assignment
Answer 3 b:
Following are some of the major brand challenges in the contemporary world;
1. Vulnerability on Social-media- The brands are constantly exposed to public
scrutiny on social media platforms and are hence vulnerable to slanders that can
take place by just one single negative incident. The hard-earned reputation can
be burnt down to ashes if public does not approve of anything done by the
brand. It can be in the form of bad service, or poor-quality product, the
consumers can take it up on their accounts online and make it viral, impacting
the followers of brand’s social media handles.
2. Spamming- Online Platform is the number one source of marketing your brand
and reaching maximum number of people, especially after COVID and lockdown,
people prefer surfing and shopping online. Due to this, all the businesses are
going online and want access to consumer’s accounts, which leads to spamming
and information overload. Consumers are constantly bombarded with brand’s
information, even unsolicited sometimes. Creating a memorable brand presence
by cutting through the noise is a challenge.
3. Sustainability concerns- As the core value of her brand is nature and
sustainability, it needs to be demonstrated nut just in marketing but also in
practices, because consumers are increasingly becoming environmentally
conscious. Maintaining a sustainable approach in product as well as processes
can be a challenge.
4. Upgrade in technology with upgrade in expectations- Technology and trends
evolve on daily basis and today’s consumer is aware about all the news in the
market as the access in on their fingertips. Hence, they expect quick response,
customized experience as per their needs, and social responsibility from brands.
Keeping up with these expectations consistently can be challenging.
The above challenges can be addressed only with commitment to delivering on the
brand promise constantly, having a proactive approach, maintain transparency and
genuinely engaging with the customers.