American Research Journal of Business and Management
Open Access

American Research Journal of Business and Management

ISSN (Online): 2379-1047

DOI: 10.46568/arjbm

Research Article Vol. 8, Issue 1 2022 Open Access

A Study on Purpose-Driven Strategies by Organizations to Build Resilient Brands

Kshemaindra Acharya Phaniharam

Affiliation
Independent Researcher
Abstract
Organizations or brands across the world apply various marketing approaches and one of the increasingly adopted approaches is a purpose-driven marketing approach where organizations align their branding and communications to a purpose that their vision and mission stands for. Though this approach has been there for a long time, these approaches tend to take a ramp up whenever humanity faces a crisis to let people know that the brand stands with them. This paper studies various brands that have applied purpose-driven approaches and purpose-led marketing and how it has helped them retain, increase, or made customers stand behind the brand making them resilient towards a crisis. The paper also attempts to build a theoretical or a conceptual checklist model that brands can apply to build brand resilience through purpose-driven approaches and marketing. 
Citation
 Kshemaindra Acharya Phaniharam, “A Study on Purpose-Driven Strategies by Organizations to Build Resilient Brands”, American Research Journal of Business and Management, Vol 8, no. 1, 2022, pp. 4-8.