#50 - Building a brand in the direct-to-consumer space | Nik Sharma & Ben Grynol
Mar 22, 2024
auto_awesome
Nik Sharma and Ben Grynol discuss building a brand in the direct-to-consumer space. They emphasize driving consumer awareness, providing valuable content, and paying attention to how you pitch your audience. The podcast explores challenges in brand perception, adapting strategies based on user behavior, and maximizing brand success through user-generated content in DTC marketing.
Building a brand requires more than visual identity, focusing on consumer awareness and valuable content.
Brand perception is not as critical as believed, allowing room for experimentation and innovation.
Maximizing brand growth involves utilizing tools like in-house creators, optimized cart gamification, and personalized landing pages.
Deep dives
Importance of Building a Brand for Direct-to-Consumer Companies
Direct-to-consumer companies like Levels can benefit from focusing on brand building tactics such as landing pages and life cycle marketing strategies. The podcast discusses considerations around when to track brand metrics and how much brand debt is acceptable for evolving brands.
Misconceptions About Brand Building
The podcast challenges misconceptions about building a brand, emphasizing that branding goes beyond visual identity and requires a combination of consistent content, driving value, and offering good products over time. The discussion highlights the shift towards creating content that makes consumers feel involved rather than passive viewers.
Rethinking Brand Perception and Experimentation
The podcast encourages rethinking brand perception and experimentation, suggesting that consumers may not dwell on off-brand moments as much as CMOs and brand teams fear. Examples are shared to illustrate how being overly focused on brand perception can limit testing and innovation.
Underutilized Tools for Brand Growth
Underutilized tools for maximizing brand growth include in-house content creators, optimizing cart gamification for upselling, enhancing email pop-ups for higher conversions, and creating effective landing pages aligned with different traffic sources, audience demographics, and intent. Emphasizing genuine UGC and continuous testing are highlighted as crucial strategies.
Maximizing Brand Potential and Revenue
To maximize brand potential and revenue, companies should prioritize optimizing landing pages, embracing UGC, and consistently testing different strategies to enhance brand building and customer engagement. Strategies such as personalizing content based on traffic sources, demographics, and customer intent can significantly impact brand success.
Branding isn’t just about the visual identity of a company. In this episode, Ben Grynol talks with Nik Sharma, “The DTC Guy” who runs Sharma Brands and HOOX, about what it means to build a good brand in the direct-to-consumer marketing space. Nik points out the crucial thing to remember is that no one remembers your brand unless you’re one of the top global brands, so it’s best not to get overly invested in how your brand is perceived. It’s best to drive consumer awareness, be consistent in providing valuable content and products, and pay attention to how you talk to and pitch your audience.
Levels helps you see how food affects your health, empowering you with the tools needed to achieve health goals and improve healthspan. Levels Members gain access to the Levels app and continuous glucose monitors (CGMs), providing real-time feedback on how diet and lifestyle choices impact your metabolic health.
Look for new shows every month on Levels - Inside the Company, where we have in-depth conversations about how the Levels startup team builds a movement from the ground up in the health and wellness tech industry.