The pandemic proved the perfect time for challenger brands, and other brands can learn from them | WARC | The Feed
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The pandemic proved the perfect time for challenger brands, and other brands can learn from them
The rise of challenger brands is yet another trend that accelerated during the pandemic: they were in the right place for this moment, because – disruptive by nature – they thrive in an unsettled environment.
Why it matters
Many consumers have remained loyal to favorite brands during the pandemic, but they also changed habits;. One recent Reach3 Insights study found 45% of Americans switched brands during the pandemic and 85% of these consumers planned to keep buying these products. Challenger brands tap into this trend because of their ability to change with evolving circumstances, a skill all brands need.
Takeaways...
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