Essentia Water Brand Strategy Case Study: When the Revolution is an Evolution03.25.19 / David Lemley
The natural channel of better-for-you beverage brands is exploding. But it’s important to note that being the best-selling brand at Whole Foods in this category doesn’t necessarily equate to profit and meaningful growth. So how do you increase market share and grow your brand while keeping your loyalists (both internally and externally) and invite the rest of the world to join? The short answer: brand evolution.
But if your brand enjoys enough traction to even begin asking this question, it’s likely that people inside your business are becoming more inclined to make decisions based upon collective assumptions, internal bias, and outdated information – and then call it research. This is a recipe for disaster.
To avoid this, understand that data is the baseline that will take brand strategy from subjective hope and evolve it into clarity and the confidence to move forward so that you can grow your beloved brand and keep it relevant to your loyal followers while attracting a ton of new consumers.
It’s a matter of sequencing.