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Vivek Joshi

Director & CEO @ Exc...ย โ€ขย 6m

Brand โ‰  Revenue | Revenue โ‰  Brand Nike didnโ€™t become Nike because it sold shoes. It became Nike because it created meaning. But hereโ€™s the trap: building a brand doesnโ€™t guarantee revenueโ€”and having revenue doesnโ€™t mean you have a brand. ๐Ÿ“Š According to McKinsey, 71% of consumers prefer to buy from brands they recognizeโ€”but recognition alone doesnโ€™t drive repeat purchase. ๐Ÿ“ˆ A Shopify study found 41% of first-time ecommerce brands hit $1M in revenue without any real brand presenceโ€”driven by paid media arbitrage and impulse purchasing. Most plateau or vanish within 18 months. The distinction? โœ… Revenue = conversion โœ… Brand = connection Revenue can spike through short-term tactics (discounts, virality, PPC). Brand sustains through story, trust, and emotion. ๐Ÿง  Harvard professor Gerald Zaltman found 95% of purchase decisions are subconscious. Brands that win embed themselves in those unconscious cuesโ€”beyond price or features. So yes, sellโ€”but also mean something to your customers.

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