According to the Zeno Strength of Purpose Study (2020), consumers who think a brand has a strong purpose are:
- 4 times more likely to purchase from the company
- 6 times more likely to protect the company in the event of a misstep or public criticism
- 4.5 times more likely to champion the company and recommend it to friends and family
- 4.1 times more likely to trust the company
And how do we best communicate purpose. Stories.
-------------------
The Stories Mean Business podcast with Nick Warren.
One Idea A Day, Every Day.
Get deeper into business storytelling:
https://storiesmeanbusiness.com/storybusiness/
https://storiesmeanbusiness.com/podcast