Brooke Masters, US Financial Editor at the Financial Times, highlights a critical shift in consumer behaviour in her recent Financial Times article, citing insights from our FutureBrand Consumer Index. As shoppers cut back, big-name brands are finding themselves squarely in the line of fire, revealing that brand loyalty is not what it used to be.
At FutureBrand, we recognise that brand loyalty goes beyond product quality—it's about emotional connection and perceived value. The pandemic and rising prices have disrupted these connections, leading to a phenomenon we've termed "blandification," as discussed in Brooke’s article. With consumers increasingly turning to private labels and competitors, brands must innovate and find new ways to stay relevant.
The message is clear: to regain consumer trust, companies must focus on delivering value, transparency, and genuine connections. The era of relying solely on brand heritage is over. It’s time for brands to rethink their strategies, embed themselves within culture, and build meaningful customer relationships.
Read how the landscape is shifting and what it means for the future of brand loyalty, here.