Business strategy is brand strategy. When your employees are enthusiastic and committed to your brand, they will communicate the brand strategy to your customers. When your customers expectations are met, it will lead to customer loyalty and increased sales. When your employee experience matches your customer experience, then you will have brand alignment. In other words, when you do what you say you will do. When you deliver on promise you increase brand equity.
Showing posts with label brand alignment. Show all posts
Showing posts with label brand alignment. Show all posts
Wednesday, 17 April 2024
Saturday, 12 August 2023
Brand Alignment issues with Co-operative Bank
It was reported in the press this week that the Co-operative bank will be taking on the mortgage book of Sainsbury’s bank. This is seen as a positive move by the Co-operative bank, but there is a brand alignment issue that will need to be addressed. The Co-operative bank has no ties with the Co-operative group any more, but people will still assume it has. Until the bank changes its name there will be an association with the Co-op group. People will expect the same ethical standards associated with the Co-op group. Will what the bank tries to say, be aligned with the customer experience?
Subscribe to:
Posts (Atom)