Search
00
GBAF Logo
trophy
Top StoriesInterviewsBusinessFinanceBankingTechnologyInvestingTradingVideosAwardsMagazinesHeadlinesTrends

Subscribe to our newsletter

Get the latest news and updates from our team.

Global Banking and Finance Review

Global Banking and Finance Review - Subscribe to our newsletter

Company

    GBAF Logo
    • About Us
    • Profile
    • Privacy & Cookie Policy
    • Terms of Use
    • Contact Us
    • Advertising
    • Submit Post
    • Latest News
    • Research Reports
    • Press Release
    • Awards▾
      • About the Awards
      • Awards TimeTable
      • Submit Nominations
      • Testimonials
      • Media Room
      • Award Winners
      • FAQ
    • Magazines▾
      • Global Banking & Finance Review Magazine Issue 79
      • Global Banking & Finance Review Magazine Issue 78
      • Global Banking & Finance Review Magazine Issue 77
      • Global Banking & Finance Review Magazine Issue 76
      • Global Banking & Finance Review Magazine Issue 75
      • Global Banking & Finance Review Magazine Issue 73
      • Global Banking & Finance Review Magazine Issue 71
      • Global Banking & Finance Review Magazine Issue 70
      • Global Banking & Finance Review Magazine Issue 69
      • Global Banking & Finance Review Magazine Issue 66
    Top StoriesInterviewsBusinessFinanceBankingTechnologyInvestingTradingVideosAwardsMagazinesHeadlinesTrends

    Global Banking & Finance Review® is a leading financial portal and online magazine offering News, Analysis, Opinion, Reviews, Interviews & Videos from the world of Banking, Finance, Business, Trading, Technology, Investing, Brokerage, Foreign Exchange, Tax & Legal, Islamic Finance, Asset & Wealth Management.
    Copyright © 2010-2026 GBAF Publications Ltd - All Rights Reserved. | Sitemap | Tags | Developed By eCorpIT

    Editorial & Advertiser disclosure

    Global Banking and Finance Review is an online platform offering news, analysis, and opinion on the latest trends, developments, and innovations in the banking and finance industry worldwide. The platform covers a diverse range of topics, including banking, insurance, investment, wealth management, fintech, and regulatory issues. The website publishes news, press releases, opinion and advertorials on various financial organizations, products and services which are commissioned from various Companies, Organizations, PR agencies, Bloggers etc. These commissioned articles are commercial in nature. This is not to be considered as financial advice and should be considered only for information purposes. It does not reflect the views or opinion of our website and is not to be considered an endorsement or a recommendation. We cannot guarantee the accuracy or applicability of any information provided with respect to your individual or personal circumstances. Please seek Professional advice from a qualified professional before making any financial decisions. We link to various third-party websites, affiliate sales networks, and to our advertising partners websites. When you view or click on certain links available on our articles, our partners may compensate us for displaying the content to you or make a purchase or fill a form. This will not incur any additional charges to you. To make things simpler for you to identity or distinguish advertised or sponsored articles or links, you may consider all articles or links hosted on our site as a commercial article placement. We will not be responsible for any loss you may suffer as a result of any omission or inaccuracy on the website.

    Home > Business > Brand innovation’s finest hour? Transform coronavirus consumer behaviour into lasting positive change
    Business

    Brand innovation’s finest hour? Transform coronavirus consumer behaviour into lasting positive change

    Published by linker 5

    Posted on August 17, 2020

    6 min read

    Last updated: January 21, 2026

    Untitled design – 2020-08-17T142655.075
    Why waste money on news and opinion when you can access them for free?

    Take advantage of our newsletter subscription and stay informed on the go!

    Subscribe

    By Nick Dormon, Managing Director of independent brand and innovation design agency Echo

    When coronavirus is eventually “over”, it will be far from business as usual. The outbreak has caused global disruption not only to our health, but to our economies, lifestyles and societies too. At the same time, the natural world has been able to take a deep breath. Pollution has plummeted, waterways have cleared, and nature has been quick to reclaim urban spaces. The human cost has been unimaginable. And yet there are always positives to be found.

    Consumers don’t want things to return to “normal”. They want to savour this new-found appreciation for nature and the intangible things in life that money can’t buy. The times of disposable, jet-setting consumerism will seem long-gone as we emerge on the other side of the virus. A consumerism based on consciousness and efficiency has developed quickly while in lockdown, one that puts the greater good above the needs of the individual.

    We need to capture this zeitgeist and transform it into something that lasts. To ensure that we have collectively taken lessons from this pandemic, we must adapt current consumer attitudes into positive action that benefits our wellbeing, our relationships, our communities, and the world. An opportunity lies before us to develop the immense change brought about by coronavirus into positive, progressive and, ultimately, long-lasting change.

    But how can we enforce social change of the kind that ensures positive adoption of behaviours that last?

    From a brand innovation perspective, businesses have the unique potential to affect change through the power of storytelling. We have all had a taste of what the world could be like if only we cared for it more. I have so enjoyed the sound of birdsong around my London home, no longer drowned out by the constant drone of traffic and planes as people stay at home and nature has a chance to reset. Whilst we may not want to remember the boredom, worry, grief and pain of coronavirus, there are undeniably positives to be taken, and it does have wonderful stories and images.

    The old saying “a picture says a thousand words” is supported by studies which reveal that images can have a more powerful impact on our behaviours than words. Images have the potential to provoke a profound and emotional response, influencing the way we think about and the react to certain situations. I believe this to be true in the era of coronavirus. Can we restrain ourselves from shooing away wildlife when we return outdoors, now we have seen compelling images of deer roaming the streets of Nara, Japan and Barcelona’s Wild Boar and Adelaide’s kangaroos? Can Venice better manage its boat traffic before the cruise ships return, emboldened by reports of dolphins in the canals? Actually, this last bit is fake news, but the fact that it has gone viral is further evidence to the power that these stories can have.

    To protect the positive change coronavirus has brought to our natural world, we need to preserve the stories and images to keep them fresh in our minds. We need a ‘Blue Planet moment’ to share and remember these silver linings. David Attenborough and his camera crews need to be scouring the world’s cities for their next series right now. Brands should factor this into their marketing and messaging strategies, for the emotive power of storytelling is the first step towards capturing the zeitgeist and translating it into lasting behavioural change. This could be brand innovation’s finest hour.

    Nick Dormon

    Nick Dormon

    Businesses that listen to their consumers and translate this zeitgeist in practical and tangible difference will be the ones with longevity. Only by recognising that consumers want to see long-term change and building this into brand strategies and business models can we hope to see real progress. Afterall, coronavirus has also affected consumer attitudes towards brands. Mere buzzwords prior to coronavirus, ‘brand purpose’ and ‘brand transparency’, now have a more divisive influence in determining brand loyalty. Trust has become a commodity that brands must sell, and to do this in a post-truth world that has seen people lose faith in everything – from corporates to politicians – will be hard. Only the brands that are open, honest and reactive to their consumers will last.

    As we move forward, people will want to preserve the good that this crisis has done to the planet and our wellbeing, for lockdown has forced us all to confront some of our most damaging and unsustainable habits. Take Milan, for example. After the city went into lockdown and traffic came to a halt, the Milanese people had a glimpse of an alternative society that favoured sustainable transport over cars and buses. Quickly reallocating street space to cyclists and pedestrians, Milan demonstrated the power to respond to its people’s newfound desires and effect infrastructural change with immediate impact. Mexico City, New York, Seattle and London have implemented similar changes to their urban designs, with Sadiq Khan recently pledging a 10-fold increase in cycling across London.

    It doesn’t stop there. Mayors across the globe are calling for a low-carbon, sustainable recovery from the crisis, embodied in the C40 group who are dedicated to translating the “new normal” into a green future. Aware of the deep social and economic inequalities that coronavirus has exposed, we are seeing governments at a macro level pledging to put equality and climate resilience at the forefront of their strategies.

    Businesses are radically shifting too; in the UK, the Green New Deal business initiative is proposing a green response to the virus as the only tangible way forward. Corporate giants such as Lloyds Bank, Asda and Sky are promising to drive investment in low carbon innovation, infrastructure and industries, decarbonise the economy and prioritise climate goals as they transform their business strategies. Coronavirus has shifted the way we think about conservation and sustainability initiatives, and are already being built into corporate programmes and initiatives.

    Whilst normality has been disrupted, we have glimpsed something better and new behaviours can become easily embedded. Is now not absolutely the right time to make significant improvements to our consumerist, jet-setting lifestyles? Could we, for example, move significantly and quickly to radically reduce single use plastics through expanded corporate initiatives, new legislation and bolstered recycling systems? An already accelerating desire for more sustainable products and services has been given a boost as we watch the world pause and nature begins to repair itself. It’s time for brand innovation to step in and transform this new-found appreciation into long-lasting change. Let’s ride on this wave before it peters out and we go back to our old ways. Let’s celebrate nature’s comeback and support it by changing the way we do things for the better, forever.

    More from Business

    Explore more articles in the Business category

    Image for How Commercial Lending Software Platforms Are Structured and Utilized
    How Commercial Lending Software Platforms Are Structured and Utilized
    Image for Oil Traders vs. Tech Startups: Surprising Lessons from Two High-Stakes Worlds | Said Addi
    Oil Traders vs. Tech Startups: Surprising Lessons from Two High-Stakes Worlds | Said Addi
    Image for Why More Mortgage Brokers Are Choosing to Join a Network
    Why More Mortgage Brokers Are Choosing to Join a Network
    Image for From Recession Survivor to Industry Pioneer: Ed Lewis's Data Revolution
    From Recession Survivor to Industry Pioneer: Ed Lewis's Data Revolution
    Image for From Optometry to Soul Vision: The Doctor Helping Entrepreneurs Lead With Purpose
    From Optometry to Soul Vision: The Doctor Helping Entrepreneurs Lead With Purpose
    Image for Global Rankings Revealed: Top PMO Certifications Worldwide
    Global Rankings Revealed: Top PMO Certifications Worldwide
    Image for World Premiere of Midnight in the War Room to be Hosted at Black Hat Vegas
    World Premiere of Midnight in the War Room to be Hosted at Black Hat Vegas
    Image for Role of Personal Accident Cover in 2-Wheeler Insurance for Owners and Riders
    Role of Personal Accident Cover in 2-Wheeler Insurance for Owners and Riders
    Image for The Young Rich Lister Who Also Teaches: How Aaron Sansoni Built a Brand Around Execution
    The Young Rich Lister Who Also Teaches: How Aaron Sansoni Built a Brand Around Execution
    Image for Q3 2025 Priority Leadership: Tom Priore and Tim O'Leary Balance Near-Term Challenges with Long-Term Strategic Wins
    Q3 2025 Priority Leadership: Tom Priore and Tim O'Leary Balance Near-Term Challenges with Long-Term Strategic Wins
    Image for Using Modern Team Management Methods to Improve Collaboration in Hybrid Work Models
    Using Modern Team Management Methods to Improve Collaboration in Hybrid Work Models
    Image for Why Email Deliverability is a Business Risk Your Company Can’t Afford to Ignore
    Why Email Deliverability is a Business Risk Your Company Can’t Afford to Ignore
    View All Business Posts
    Previous Business PostAI for Marketing: Regaining Business Traction During a Pandemic
    Next Business PostCorporates and the (newfound) spirit of partnership