This article was originally published by Kantar here, and is published with permission.
It’s not news to say that brands play a fundamental role in business success by generating demand. What’s less front and centre of the debate is the critical role brands play in justifying price.
A pricing storm is brewing due to current conditions: global supply chain issues, labour shortages and rising material and energy costs. If ever there was a time to batten down the hatches to protect the bottom line it is now. Strong brands are a key defence strategy. They help...