Brand Value Growth
Day 10 🌴 I would like to apply the growth principles in microorganisms to value growth in brands, it follows this order: lag phase, log phase, stationary and decline phase. When microorganisms are cultured in agar with adequate nutrient, and sufficient supply of all their growth factors, they first utilise or let's say get used to the agar that is the lag phase . Upon successful interaction they grow rapidly in the agar this is the log phase. Due to the fact that nutrient is not being replaced as used the growth hit the stationary phase and as time goes on, they experience decline in their growth. Brand Value growth follows this order too, only, you can keep adding value to avoid the stationary and decline phase. When a growth journey starts, it most likely feels like it isn't yielding results, but as time goes on you begin to see exponential returns on your investment, but if you stop adding value, the stationary phase sets in and in ...