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Praveena J

Stay Hungry, Stay Fo... • 1y

Decline in Trust: 55% of consumers have reduced trust in brands. Gen Z's Importance: 79% of Gen Z find trust crucial for purchasing. Factors for Decline: Increasing misinformation, ethical concerns, and lack of transparency. Strategies for Brands:Transparency: Be open about operations and practices. Authenticity: Engage in genuine communication with consumers.Ethical Practices: Focus on social responsibility and ethical behavior.

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