{"id":1362,"date":"2021-12-19T06:51:32","date_gmt":"2021-12-19T06:51:32","guid":{"rendered":"https:\/\/lite14.net\/blog\/?p=1362"},"modified":"2021-12-19T06:51:32","modified_gmt":"2021-12-19T06:51:32","slug":"why-brand-trust-is-vital-to-your-business","status":"publish","type":"post","link":"https:\/\/lite14.net\/blog\/2021\/12\/19\/why-brand-trust-is-vital-to-your-business\/","title":{"rendered":"Why Brand Trust is Vital to Your Business"},"content":{"rendered":"

\"See<\/p>\n

Do your clients trust you? The answer could make or break your company. Brands are now dependent on trust, according to the 2020 Edelman Trust Barometer Special Report.<\/p>\n

The report found that trusting a brand is more important than ever, with 70% of consumers saying it is now, compared to 34% in 2019. Trusting the company behind a brand or product is more important than price for 53% of buyers.<\/p>\n

Trust is vital to gaining and keeping customers, as well as to your company’s financial success. Trust is as important to a company’s financial health as growth and profitability, according to an Accenture study of over 7,000 companies.<\/p>\n

To build trust, a company must be honest, reliable, and deliver on promises. In addition to increased customer loyalty, a company with strong stakeholder relationships will also benefit from increased referrals and a better reputation.<\/p>\n

To build brand trust, follow these steps:<\/p>\n