What restaurant sells peri peri chicken, has red, yellow and black branding and sounds like Nando’s?
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Fashion is all about keeping pace with rapidly changing styles. The need to design, manufacture and distribute products that are on-trend (as well as ethically made and environmentally friendly) can create challenges for designers, suppliers and retailers. Today, anything can be tweeted in the blink of an eye, so registering trade marks is vital to protect goodwill and brand value. And if your brand or product is copied, then litigation is far easier when you have registered rights to rely on.
The UK is a renowned financial hub. New products, technologies and services are constantly being developed to improve security, methods of transaction and customer service. At the heart of this sector is the growth of Fintech and the IP that underpins it. Exploiting this time of change by building confidence and providing a personalised service is crucial. Your brand name, products and domain names need to be protected if they are your distinctive assets and main contact with consumers.
In the UK food and drink industry today, consumers demand choice. They make informed decisions and want good value, local sourcing and ethical production. The competitive nature of the industry means that IP protection is vital. Just consider the Nestlé-Cadbury and Budweiser-Budvar trade mark wars. In the digital age, where food is not only eaten but tweeted and shared on Instagram, it’s essential to think about protecting names, logos, sub-brands, packaging and domain names a soon as possible.
FMCG brands must seek to provide richer, seamless retail experiences in a competitive market, to which UK households only allocate 7% of total spend. Brand loyalty starts with recognisable, creative content. Names, logos, sub-brands and domains need protection before they are tweeted about. New technologies should be patented and product designs registered before being disclosed. Products are often licensed to or distributed by third parties, so to keep control, you need to register your IP.
With Brexit and a weaker pound, the UK tourism industry has seen a huge increase in ‘staycations’, with a 5% year-on-year increase since the referendum. Similarly, the number of EU students choosing to study in the UK has grown by 3%. This presents fantastic opportunities for you to connect with the public, show what the UK has to offer and exploit your brands. Having IP protection in place before you advertise is therefore essential for maximising brand recognition, bolstering reputation and growing your business.
By 2021, the UK entertainment and media sector will be worth £72 billion. Digital services will account for over 60% of this, helped by the 14.5 trillion MB of data being consumed on the UK’s 89 million smartphones. The UK advertising industry will be worth £20 billion, 75% of which will be digital. If the estimated value in this sector is accurate, brands need to be ready. You need to exploit this opportunity with innovative and engaging content to create the ultimate customer experience.
With increased grass roots funding, greater interest in leading a healthy, balanced lifestyle and sporting successes such as the Olympics, the Commonwealth Games and Wimbledon, there is a greater interest in sports in the UK than ever before.
In the work and digital-orientated world we find ourselves in, and with 26.9% of the UK population being ‘obese’, we’re passionate about helping sports brands succeed to encourage a healthy and active lifestyle.
To thrive in today’s hyper-competitive, digital age, retailers with a physical presence need to make their stores relevant and the customer experience enjoyable. Demanding consumers means that the digital space is just as important, with online sales now accounting for nearly a fifth of all retail sales. It has never been easier to shop and retailers need to exploit this opportunity, embrace omnichannel and get their brands noticed.
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