Business Standard

Trust and the brand

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The digital age has seen the trust between brands and consumers waning as data has been used invade customers’ privacy just as much as it has helped personalis­e the brand promise. A recent study by Kantar TNS looks at the contentiou­s issue of data exchange and what it means for brands. Anusheel Shrivastav­a, executive vice president, India, Kantar TNS said, “The desire to connect via social media has been the driving force behind a substantia­l part of the digital revolution in India, and as a result, engagement and trust on social platforms continues to be high. Brands need to act responsibl­y online to maintain the trust that they currently hold”

5 steps to build trust with consumers and data

■ Show your hand: Be transparen­t and tell people why you need their data

■ Play up safety cues: Showcase high safety standards and ability to resist breaches

■ Stagger data requests: Start with the safest and most relevant informatio­n, and work your

way up with the consumer

■ Offer the right personal benefit: Ensure that there is a culturally appropriat­e incentive for the data share

■ Give back: Brands that are ready to share processed data develop more meaningful relationsh­ips with customers

“To build and protect trust, brands need to put the customer first” ANUSHEEL SHRIVASTAV­A

Executive VP, India, Kantar TNS

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