Brands Must Not Fear Competition, Rather Use It as an Opportunity
Roger Hooks Jr. believes that brands must not fear competition but rather use it as an opportunity to grow. As a creative strategist, his experiences have taught him that the mindset you carry creates a big difference in the output. Most brands often take impulsive actions that might bring them short-term sales, but in the long term, they don’t help. Performing aggressive scarcity marketing, using a countdown timer after short intervals, flash sales, and even social proof manipulation are some of the impulsive actions taken by brands. According to Roger Hooks, continuous use of such tactics to attract customers ultimately affects the brand image and perception. Understanding the Impact of Impulsive Marketing Impulsive marketing has both positive and negative effects, and it entirely depends on how judiciously a brand uses it. Using such tactics, the brands might drive sales or get the opportunity to boost visibility in the short term. But if not managed well, the same tacti...