How Do Customers Perceive Your Brand?
Are your Customers Providing You With Sales Growth?
Does your business thrive from strong brand identity within your market place or are your services and products lost in a sea of competition?
Many businesses operate under the false impression that marketing is simply advertising to sell products or services. In reality, a successful marketing plan entails much more. Everything a company does is marketing. The ultimate goal of any successful marketing program is to build brand awareness. A strong brand will build loyal customers, promote word of mouth advertising, and attract new prospects.
Every time a customer comes into contact with one of your touch points you are building your brand. Believe it or not, as you develop your marketing plan, facts about your company are unimportant. The reality of successful branding is how the customer perceives you when they interact with your company. The customer’s perception may be positive, negative, or indifferent. The test of a successful marketing program is in what the customer is saying about your company (or brand) to others. First and foremost, is your brand strong enough to get people talking about you? Next, are they saying what you want them to be saying?
In order to survive and grow, every business has to attract new customers⎯and moreover, do it in an environment full of competitors. When a new business fails, the reason is usually that it failed to find new customers, build customer loyalty and repeat business, and create favorable word-of-mouth advertising about its’ brand. Let’s face the truth, when a business does not offer anything unique or special relative to its competitors, there is no strong or positive brand awareness about which to talk!
A good marketing plan builds a strong brand by compiling a host of fresh ideas and strategies that drive prospects to you, while delivering the right message to those prospects at every customer touch point. It will also satisfy both the customer’s stated and unstated wants and needs. A truly effective marketing plan builds such a high level of value, trust, and loyalty with customers that it creates a shield to protect their customers from competitors. It differentiates the company to such a degree that it reduces competition as the company pursues untapped market space. In other words, it creates loyal customers who talk about your brand.
Take these four steps to start building stronger brand awareness
1. The first step in developing a strong brand within your marketing program is to list the stated and unstated needs and wants of your target market. Start by uncovering the answers to some key questions; the right questions below will help you identify the needs and wants of your target market, As you develop your answers, it is very important to determine how you are going to stand out from the competition. When you are going through the exercise below, remember not to attempt to be all things to all people. Keep a very narrow focus or you will risk being invisible in the marketplace. Also, be diligent and collect reliable information about what customers really want and need from a business in your industry. Answer the following questions:
- What are your customers’ pains and frustrations when they do business with companies in your industry?
- Why are they attracted to your business rather than to a competitor?
- What are your customers’ unstated and emotional needs that must be satisfied?
- What actions must take place to develop caring and trusting relationships with your customers?
- How do your customers want to make a purchase?
- How do your customers want to receive the product or service?
- How can you be more proactive, and provide solutions before customers realize there is even a problem?
- How can you provide more face-to-face encounters and build stronger relationships?
2. List every place a prospect and customer will touch your company. Examine each of those touch points and determine what the customer wants at every one of those touch points. Frustration at any single touch point will cause a customer to drop out. Exceeding a customer’s expectations at very touch point will build a strong brand that customers will talk about. Examples of the many points where a prospect or customer can touch your business are:
- The receptionist who answers your telephones
- Telephone conversations with a salesperson or customer service person
- Interactions with your website or an advertisement
- A face-to-face sales encounter
- The delivery of the product or service
- The payment method
- Tow a complaint is handled
- The level of enjoyment in experiencing the product or service
- A solicitation from a telemarketer
- The appeal of your storefront
- The presentation of your product in the showroom
- Your catalog
- Your trade show booth
- A follow-up phone call
3. As you develop strategies for fixing your brand in the minds of your customers, this path will invariably lead you to the subject of operating processes. In other words, you should now identify and examine your training and other related processes that will need to be developed at every customer touch point to guide the actions of your employees to exceed the customers identified needs and wants. As your company satisfies its customers’ inner wishes in excess of their expectations⎯every time they touch the company⎯your customers will develop a trust in your brand.
4. You cannot develop a strong brand in the minds of your customers if you are not aware of what you competitors are offering. What happens when a customer compares you to the competition? Take a shopping trip to the competition and find out. Examine its customer touch points and brainstorm how you can look different. Examine your competitions’ weaknesses and look for opportunities. Do not fall into the trap of focusing on you, your products and services, or the sale. Conduct your research as a customer. Remember, effective marketing strategies are all about the customer. Focus on what will spark interest, engage curiosity, and add to your company’s image and reputation.
Most companies do not take the time to annually review what they want their brand to say, how to differentiate their brand from competitors, how customers are perceiving their brand, or take the action oriented steps to build a brand that people will talk about. How about you? What are you doing to build a brand that will stand out from your competitors and get your customers raving about you?
For additional free business educational articles see businessknowledgestrategies.com.