The Brainy Business | Understanding the Psychology of Why People Buy | Behavioral Economics

502. How Maker's Mark Redefined Loyalty During Crisis


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In this episode of The Brainy Business podcast, Melina Palmer welcomes Greta Harper from Maker's Mark for a conversation about the brand's innovative approach during the pandemic. Recorded live at the GreenBook's IIEX North America conference, this episode revisits the impactful strategies Maker's Mark implemented to support bars, restaurants, and hospitality workers when they needed it most.

Greta shares her journey from the service industry to her role at Maker's Mark, highlighting the brand's commitment to long-term thinking and sustainability. As they discuss how the company adapted to the challenges of the pandemic, they explore the importance of empathy, reciprocity, and building lasting relationships within the community. From creating virtual cocktail classes to providing meals for struggling hospitality workers, Maker's Mark's initiatives exemplify a deep intention behind their actions, demonstrating that doing the right thing pays dividends over time.

In this episode:

  • Learn how Maker's Mark supported the hospitality industry during the pandemic.
  • Discover the significance of long-term thinking and sustainability in business.
  • Explore the concept of empathy in brand relationships and customer loyalty.
  • Understand the role of reciprocity in building trust and community support.
  • Gain insights into how Maker's Mark's initiatives led to double and triple-digit growth post-pandemic.

Get important links, top recommended books and episodes, and a full transcript at thebrainybusiness.com/502.

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The Brainy Business | Understanding the Psychology of Why People Buy | Behavioral EconomicsBy Melina Palmer

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