Archive for the ‘Loyalty’ Category

“Building Customer Loyalty Through Brand Equity”

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What emotion do your customers experience when they interact with your company? What impression do you or your employees, internal systems and products make on your customers and business partners? What is the essence of your company that will stand the test of time?

In my BLAST™ Marketing System, I spend a lot of time teaching entrepreneurs the importance of creating both a business and a personal brand to support their business. A brand is created using a variety of different marketing messages, images and touch points and goes far beyond your logo, websites and brochures. It is about emotion and thought. When customers hear your business name what comes to mind? What is the lasting impression? For example, when you think of FedEx, what comes to mind? How about “When you absolutely have to get it there overnight” and did the big plane they use on their commercials pop in your head? Or when you are talking with a client and you need to overnight something do you find yourself just automatically saying, “I’ll FedEx that to you” as though FedEx is a verb?

How about Walt Disney? What comes to mind? What is the lasting impression? How about “Happiest place on earth” or the word Magic? Disney went out of his way to leave a lasting impression and to create a world of fantasy, happiness and imagination and everything about Disney, supported that impression. If I start singing “I am stuck on Band Aid Brand because……. Can you finish the phrase? Are you singing “Because Band Aid’s stuck on me” Chances are you even are remembering a story perhaps in your childhood when you used Band Aid’ product.

When companies have successfully connected with their customers and live and breathe every moment in support of that connection, is when they create a brand – an emotional element connected to your company, its people, its process and all of its points in between that support that emotional connection. So what are the points in between? Simply, anyway your company touches a client or potential client. It could be your people and their behaviors, your internal systems – technology, invoices, phone, website, etc. and your external systems – your product, how the product is delivered, your marketing and your customer service. When this connection happens, your customers become loyal to your brand.

To build equity in customer relationships develop a concrete brand strategy using one word – three simple letters: B I D – Brand Promise, Identity and Deliver your Promise.

B – Brand Promise
Your brand promise should be compelling and unique. It must make a public statement that your product will perform the way the customer expects each and every time. It becomes reliable and creates and resonates emotionally with your target audience. It should be short and truly represent why you are different – “when it absolutely has to get there overnight”
I – Identity

Your identity defines who you are and more importantly why you are in business. You should focus defining yourself strategically rather than the functions you perform. Focus on your core values, core differentiators and the markets you serve. Know who you are with confidence and conviction and your customers will come to rely on that identity.


D – Deliver Your Promise
Your promise delivery will make or break your brand. As the old saying goes “practice what you preach”. Your promise should permeate your entire culture and everything that touches the client should support your brand promise and reinforce your brand identity. There are never any exceptions and the minute you make one, the minute you lose credibility and trust with your customer.

To build brand equity and customer loyalty, you must have a strong company identity that people can relate to and a public commitment or guarantee, that people can expect each and every time they engage your organization including your employees, internal and external systems and actual product or service delivery. By mastering BID, you will create a loyal relationship with your customers, similar to the Blindly Proud Grandparents from my last article “Master Strategy: Know Your Customer”

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©Kellie D’Andrea & Associates

Want to use this article in your newsletter or web site? You can, just include this complete blurb with it: Kellie D’Andrea is the creator of the BLAST system and publishes “The Marketing Edge” a FREE award winning ezine for small business owners who want to gain the competitive edge with strategic marketing and branding techniques that actually work. Find out the 23 Common Mistakes Most Entrepreneurs make with a FREE report offered at www.KellieDandrea.com.

“Navigating the Changing Winds: 6 Master Strategies to Build Customer Loyalty”

Navigating the changing winds 6 master strategies to building customer loyaltyThe winds – “they are a changing my friend”…. The current state of the economy, a new President, failing financial systems, fluctuating prices and high unemployment have caused many of us to pause and evaluate opportunities to reduce expenses and to optimize our performance. As our economy continues to fluctuate, controlling expenses and optimizing service levels from partners and vendors is going to become the focus for all of our customers. We all must be sensitive to these “changing winds” and enhance the experience of our customers each time we interact with them. We must go back to the basics of serving our customers and take the actions that make a difference. The simple actions – a patient ear, a please, a thank you, a quick update on status (even if you don’t’ have update to give – the fact you are reaching out to let them know you are working on their problem goes a long way) and a smile that can be heard over the phone are all simple things that we can do each and every day to stand apart from our competition.

The art of hospitality can be very profitable, but it does take some practice and effort. To succeed, you must be dedicated to customer service first, always demonstrating that you care about their issues. Although customers may not always be right, we all must agree that it is okay for them to be wrong. Treat everyone with concern and compassion. After all, our business is not about us – it’s about the people we service and that single fact is more critical now as we navigate the changing winds.

Below are 6 strategies that when applied, will evolve your customer service to the next level – customer loyalty.

Master Strategy # 1: Know Your Customer

Customers are not a dime a dozen…they come with a variety of different characteristics, desires, needs and expectations. It is important to know everything that you can about your customers to ensure you are offering the most value. From basic information, name, address, title and area of responsibility to wants, needs and pressures and everything in between, it is important to understand your customer to enhance communication, articulate your proposition and to develop the foundation for trust.

 

Master Strategy # 2: Develop A Customer Strategy

Companies spend a lot of time and money developing strategic plans for their business, their technology solutions, operational strategies and financial strategies but rarely develop a customer strategy. Developing a good plan to enhance each client’s individual experience will result in uncovering areas for improvement and areas where you excel that may easily translate to another client. By writing a strategy on each client and personalizing that strategy based upon what you know about your customers (Master Strategy #1), you will memorialize a systematic approach and philosophy that will be easily followed by all in your company.

 

Master Strategy # 3: Deliver On Your Promise

 Customers bought your product or service based upon a promise that you or your company has made. Make sure that you always deliver on your promise and therefore maintaining trustworthiness with your customers. Customers want to purchase from companies and people they trust to deliver the product and/or service they need and with the value they expect. According to the book, Trust Based Selling, Trustworthiness consists of four factors: Credibility, Reliability, Intimacy and Self-Orientation. The combination of these factors used in the right combinations will develop a connection with your customers that will lead to a long time relationship.

 

Master Strategy # 4: Educate Your Staff

Educate your front lines with your customer knowledge. The characteristic of your customers, what they are buying, the promises that were made and train your staff on how to not only deliver customer service but how to go over and beyond the basics. They should know how to react in all situations and be empowered to respond to the customers’ requests. They should know it is okay to tell the customer that they don’t know the answers, but will find out and get right back to them. Customer service is a culture and a theme that must permeate your entire organization.

 

Master Strategy # 5: Over Promise and Over Deliver

 Make sure you provide true customer service. In today’s market, service has become a buzzword thrown around by every company, but it is important to understand that customer service is now a baseline expectation and not considered an added value. Customer service is no longer a key differentiator but going over and above the call of duty, well that will set you apart. I recently heard of a story of a retail store owner, selling women’s clothing, overheard customers in her store looking for a place to eat. She not only made a recommendation but picked up the phone and called the local restaurant to make a reservation on behalf of her customer. – She went over and beyond the basics. Here is a great opportunity to over promise and over deliver. Set yourself apart from the competition and be unique. Be creative and personalize your service specific to your individual customer. One size does not fit all in this case and offering personalized customer service will assist you in developing your unique bran

Master Strategy # 6: Make It Easy For Your Customers To Do Business With You

 Leave all the guess work out and make it easy for your customer to do business with you. Have your staff go through the same process and channels that your customers will so they can experience the same exact experience your customers will have. Make adjustments to your current process if needed and always put on your customer hat and understand how your services are being evaluated through the customer eyes. Is it easy to request your product or service? What if there is a problem? Is it easy to escalate an issue? Is it easy to check on a status? Is there a long wait time? Is there a consistency each time the customer calls? These are all important questions that you must understand in order to make it easy for your customers to do business with you.

By taking the time to apply some or all of these strategies, you will create a culture centered on top notch customer service. By educating your team on expectations and providing them the roadmap to deliver the serviced you expect, will not only make your customers more loyal but will make your business more profitable. Simply stated, happy customers buy more and tell more friends about their experience. Use that as an opportunity to build upon your already stellar brand!

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©Kellie D’Andrea & Associates

Want to use this article in your newsletter or web site? You can, just include this complete blurb with it: Kellie D’Andrea is the creator of the BLAST system and publishes “The Marketing Edge” a FREE award winning ezine for small business owners who want to gain the competitive edge with strategic marketing and branding techniques that actually work. Find out the 23 Common Mistakes Most Entrepreneurs make with a FREE report offered at www.KellieDandrea.com.

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Kellie D'Andrea
Kellie D'Andrea is CEO of Kellie D'Andrea & Associates, LLC., a company devoted to empowering motivated entrepreneurs to reach their goals and to build a business that yields results by providing them the tools for success.
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