Your administrative and production folks can be well-meaning when they offer their suggestions, but they can unintentionally kill your brand. Because they don’t have street experience in the marketplace, they can make decisions that can undo years of brand building. In their desire to understand the nature and success of the brand, non-sales staff want [...]
Brand Building Requires Constant Vigilance
Many producers, especially of consumer goods, get excited when their brand is for sale in some far away city across the country. They act like it’s some kind of an achievement to have placed their product there. They may even brag about all the places their product is “sold.” The fact is, their brand may [...]
7 Factors Affect Customer Loyalty
When your customers first buy your product, they likely were previously loyal to another product. Something happened that sent them shopping. Maybe it was the price, or maybe they just couldn’t find it anymore. So they tried yours. For whatever reason, you now have an opportunity to make them loyal to your product – but [...]
Building Customer Loyalty is Critical to Brand Survival
Over the life of your business, either you will build an ever-increasing loyal following, or your business will end. There’s no treading water when it comes to building customer loyalty. If you are not constantly growing your customer base, you are losing it. Satisfied customers, singing your praises to their friends, neighbors, co-workers and family, [...]
Measuring Customer Loyalty is Critical to Brand Survival
We’ve all heard about the contractor who says “It looks fine from my house,” but the home owner who has to live with it will never hire that contractor again. Sometimes bridges burn so quietly, you may not realize you are losing customers, especially when you are new and there seems to be an endless [...]
Worthy-Cause Marketing
There’s a secret Madison Avenue doesn’t want you to know: Worthy-cause marketing can beat conventional advertising for many products, because it gives buyers political and social reasons to buy your product and remain loyal to your brand – and it’s more cost effective. Worthy-cause marketing is different from charitable giving or cause marketing. It is [...]
Building a Brand – 11 Essential Building Blocks
Today there is a lot of talk about building a brand. It seems like brands pop up over night, especially on the web. Most brands, however, take years to become established. Some companies even buy up defunct brands because they may still have some brand equity that may be harder to build than acquire. Gaining [...]