The Oxford dictionary defines loss as “the state of no longer having something, or as much of something; the process that leads to this”.
When I was recently asked to submit an article for the blog, with a submission deadline in September 2020, it wouldn’t surprise anyone that as potential subject choices ran through my mind, all things coronavirus were at the forefront.
This topic has been done to death, some might say…and yes, many articles have been written on the losses faced and those still to come as a result of the social and economic impacts of Covid-19. Including the many ways we humans have suffered physically and psychologically, and are subsequently reflecting on the changes to our world. Many of these changes will have lasting impact.
A personal perspective
My subject choice may not be new, but this article is a chance to share my personal view. I write from the perspective of someone who experienced the loss of two friends through the course of lockdown, and personally, got sick, tested positive and experienced a rough three weeks due to the coronavirus.
But it’s not the fact I got sick that is the crux of my article – what I want to voice is my perspective as someone privileged to work for a company that has not just demonstrated dedication to managing the physical fallout of Covid-19 in terms of job security, client management and company sustainability, but also to the emotional and physiological health of its employees.
The recent series of webinars on ‘Managing Stress and Loss’ facilitated by the company, with some amazing guest speakers, is the most tangible demonstration of this CARE and concern.
The new ‘socially distanced’ way of working, and being away from our colleagues can make us feel lonely. But on the flip side, history tells us that society can be socially cohesive in times of crisis. By encouraging us to think less about our own interests and more about the interests of others, a shared sense of togetherness was created. This, in itself, has led people to look past their differences and collectively respond to the challenges they face.
On a personal level, my own colleagues within the Cape Town office have been nothing short of amazing in showing their true colours. There have been countless examples of everyday care which I have been privy to in the past months. Times where the team has had each other’s backs when someone needed help with work load, or to get advice or bounce an idea off someone, or just to lend an ear when someone needed to de-compress. And the result of this is that we all feel bonded to each other more than ever before.
Care more important than ever for brands
This aspect of demonstrating care is not just relevant in our one on one interactions or personal interactions; but also, its more important than ever for brands. Accenture Strategy’s Global Consumer Pulse Research revealed that consumers, across all generations care about what retailers say and how they act.
At this time of intense uncertainty, the key attributes that underpin trust in a brand are different than even a month ago. Building trust and loyalty in a time of crisis can make or break a brand. When asked what factors make consumers trust brands more, the top three responses focused on the well-being of customers, the well-being of employees, and not taking advantage of the crisis to maximise profits; in other words – CARE.
Organisations showing up for their employees is one of the top reasons that consumers trust any given brand. Recent data shows that during uncertainty, workers are looking to employers and managers to lead even more than they are looking to governments and other organizations for direction.
And consumers are watching. A Qualtrics survey shows that 54% of them say they are concerned with how employers are treating their employees in this time of crisis. Better treatment fuels brand trust, with 48% indicating they trust brands more when they take care of their employees. And the same holds true for genuine concern demonstrated (not just expressed) by a brand for its customers.
In the face of the Covid-19 crisis, brands must figure out how they can help, and what actions can be taken that are consistent with their values and abilities. Brands have an opportunity to strengthen the bonds of trust with consumers. It’s logical that if a person genuinely feels a sense of care and community from friends, family and colleagues that it strengthens our bonds and commitments to each other; that brands demonstrating genuine care will benefit from strengthened customer bonds and loyalty too.
To borrow from the words of the British chancellor Rishi Sunak, I believe that those that rise to the occasion will be able “…to look back on this time and remember how, in the face of a generation-defining moment, we undertook a collective effort, and we stood together”.
Demonstrating CARE may be an important human and consumer insight that is more relevant than ever right now – but it will always be important, therefore let this shared sense of care be one of the new habits that continues long into the future.
Megan Walker is a senior media strategist at The MediaShop.
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