Not Just Different but Meaningfully Different
What’s more important to a brand – to be different or relevant? Are marketers that opt for relevance over difference damaging their brands? In this point of view, Nigel Hollis discusses how successful brands are more than relevant and different – they are
meaningfully different. In the absence of a meaningful difference, the cheapest brand may be regarded as the best choice. But a meaningful difference can spark consumer interest and fuel demand for a brand, even when that brand carries a significant price premium.