Your best customer runs a quiet background check on your brand before she'll pay full price – and if one thing comes back weak, she doesn't tell you. She just buys the cheaper option, or waits for your next sale.
In this episode, Catherine Langman breaks down the four foundations that decide whether a premium brand scales or stalls – a point of difference that's hard to replicate, a point of view worth having, a genuine purpose, and a premium pricing strategy – plus the fifth element that holds them all together. Featuring what On and Hoka understood that Nike forgot, and a candid look at Catherine's own brand, Indagare.
If your growth has plateaued, one of these foundations is likely the reason. Book a Brand Growth Strategy Session at productpreneurmarketing.com to find out which.
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TAGS premium brand strategy, ecommerce marketing, brand building, premium pricing, point of difference, brand positioning, considered buyer, Catherine Langman, The Brand Marketing Show
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