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Summary

In this episode of The Innovation Conversation, Lorraine Carter discusses her extensive experience in building brands to drive growth. She emphasizes the importance of understanding customer psychology, emotional drivers, and the need for cultural sensitivity in branding. Lorraine provides valuable advice for early-stage founders on how to position their brands effectively in the market, handle mistakes, and maintain transparency with customers. She also explores the concept of scarcity in branding and the role of visionary leadership in educating consumers about new products.

Chapters

00:00Building Brands for Growth

04:47Advice for Early Stage Founders

10:32Cultural Sensitivity in Branding

15:17Handling Brand Mistakes

20:15The Power of Transparency

25:21Visionary Branding and Consumer Education

29:55Scarcity and Brand Value

31:50Navigating Market Positioning

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