Intelligence

Brand strength is also seen in crisis situations

“It’s easy to be good in good times, heroes are recognized in hard times,” said our wise Njegoš back in the mid-19th century. How would he have reacted if someone had told him back then that brand image would also be valid in the world…

In fact, everything a company did in the era of praise for excellent results, whether it was the average rating on Google or the number of hearts on an Instagram page, is seen when a crisis occurs that the company is involved in. Whether it is external or internal factors (or both).

Even a drop in sales doesn’t have to be a characteristic. For example, Nvidia didn’t experience a drop in sales due to some crisis, but only a drop in confidence and that cost 600 billion USD in one day on the stock market!!! 600,000,000,000 USD!!!

The strength of a brand can also be seen in how many people are willing to “defend” the brand. To continue to trust it and be its “ambassador”. If there are no such people – “we tried for nothing”. Revenue and a good result are not much related to the brand strategy, but there is trust. It does not matter whether there is a brand strategy or not.

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