• Insights

    Insights

    When we looked at the highest performers, we observed that there are five ways they’re continually reinventing themselves.

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An inspiring and authentic purpose

Customer loyalty is hard to earn and easy to lose. But when marketers center a brand on an authentic purpose, it creates a heartbeat that underlies everything it does. People want more than a transaction. They want an organization with beliefs, values and principles that inspire and resonate with them. And they need to see that purpose expressed simply and consistently, across every touchpoint.

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Curate experiences

The best marketers can distinguish signal from noise in the data they collect and then amplify that signal to deliver more value. By asking the right questions, these curation geniuses, like Spotify, Hulu and Etsy, find opportunities in gaps and create user experiences that are personalized, useful and fun. With data-driven insights, they invent engaging experiences with sophisticated offers customers love – even crave.

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Evolve, revolutionize, repeat

Innovating at two speeds is crucial for building relevance. It allows marketers to continually create incremental value from core products and service lines for changing day-to-day needs, while clearing a path for the big, audacious bets that will shape its future. Two-speed thinking requires partnering with the C-Suite to propel a change agenda that adds value now, while propelling future growth.

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Tap into shared interests

Consumers may have the world at their fingertips, but efficiency hasn’t replaced empathy, and connectivity hasn’t replaced community. Brands that win consumers’ hearts help them unlock individual passions while also connecting groups of people with shared interests. And they do so in ways that inspire and engage, often motivating them to build communities of their own.

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Engage employees to fuel growth

The best growth is fueled from within. A healthy internal culture–agile and open–allows employees to embrace and embody the company’s purpose and values. These brand advocates aren’t just important in customer-facing roles, but internally as well. Employees that live and love the brand push for constant improvement, innovation and reinvention.

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Relevance can be achieved through different avenues.

Relevance can be achieved through different avenues.

The brands at the top rise in the rankings because their leaders deploy a variety of relevance-building tactics at their disposal—pulling the levers in various combinations.

They have a commitment to being purpose-led, curating experiences that differentiate and rise above the rest and empowering their employees to play a key part in their marketing strategy. They focus on innovation and learn and execute based on data-rich insights. These insights create the ideas that drive growth in both the near and long-term.

Scott Davis,
Scott Davis,
Chief Growth Officer
Prophet

"The brands that inspire loyalty today are driven by three critical truths – they are purpose-led, experience-driven and believe in the power of their employees."

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