Solicited Advice Co.
09/28/2020
Why should we care about brand trust?β β β β β β β β β
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Well for a few reasons really....β β β β β β β β β
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π64% of consumers are now belief-driven buyers who want brands to deliver on societal issues, as well as products.β β β β β β β β β
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π81% say that the ability to trust a brand to do what is right can be a deciding factor or deal-breaker.β β β β β β β β β
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π53% of consumers who have trusted a brand for a long time will go to them first to make a purchase compared to the 25% who do not fully trust a brand.β β β β β β β β β
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π62% of those who trust a brand will stay loyal to it, meaning these consumers will have a higher customer lifetime value.β β β β β β β β β
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So...how do you build trust?β β β β β β β β β
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Start with these 4 simple steps.
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