The Simplicity Premium - Consumers Will Pay More for Brands That Make Life Easier
Brand strategy consultancy Siegel+Gale has published a report revealing that despite the challenging economy, UK consumers are willing to pay more for brands that deliver simpler experiences and interactions.The survey, which is published on media ideas hub Getmemedia.com, is the first annual Global Brand Simplicity Index, which is conducted among 6,000 consumers across seven countries including the UK, US, Germany and China. The idea behind the report is to uncover the perceived points of complexity in people’s lives, and the added value we place on having a