the power of your brand lover

34
BRAND L VERS The Power of Your

Upload: scott-jeffrey

Post on 01-Nov-2014

590 views

Category:

Business


0 download

DESCRIPTION

Discover the power of your best customers: your Brand Lovers. These cherished customers fuel the growth of your business.

TRANSCRIPT

Page 1: The Power of Your Brand Lover

BRAND L VERS

The Power of Your

Page 2: The Power of Your Brand Lover

CREATED BY scott jeffrey DESIGNED BY melissa thornton

© 2 0 0 9 T h e C u l t B r a n d i n g C o m p a n y

w w w . c u l t b r a n d i n g . c o m

Page 3: The Power of Your Brand Lover

Your customers buy from you for different reasons.

Page 4: The Power of Your Brand Lover

Why do they buy?

convenience

quality comfort

respect

cleanlinessexpertise

friendliness

trust

reliability

price

selection

stylevalue

promise

service

safety

flexibility

Page 5: The Power of Your Brand Lover

Some customers buy from you because

they have a relationship with you.

Page 6: The Power of Your Brand Lover

But a small group of customers

buy from you because they love you.

Page 7: The Power of Your Brand Lover

BRAND L VERS...We call them

Page 8: The Power of Your Brand Lover

BRAND L VERS Your

have a meaningful, emotional connection with your brand.

Page 9: The Power of Your Brand Lover

BRAND L VER, In the eyes of youryou have no competitors.

Page 10: The Power of Your Brand Lover

Mac users don’t even consider the PC as an option.

Page 11: The Power of Your Brand Lover

VW Beetle owners light up just thinking about their cars.

Do you think they consider buying a different car?

Page 12: The Power of Your Brand Lover

BRAND L VERS?

Is it worth putting your attention on your

Page 13: The Power of Your Brand Lover

After all, they represent a minority of your customer base and they already love you,

so why bother focusing on them?

Page 14: The Power of Your Brand Lover

Your goal is more traffic, new customers, more sales, mass market appeal, right?

Page 15: The Power of Your Brand Lover

But did you know...

Page 16: The Power of Your Brand Lover

A 5% increase in customer loyalty can

almost double your profitability.

5% =

Page 17: The Power of Your Brand Lover

An existing customer is 5 times more likely to buy from you than a new prospect.

Page 18: The Power of Your Brand Lover

How does focusing on yourBRAND L VERdrive profitability?

Page 19: The Power of Your Brand Lover

The Power of Repeat Business

Your buy from you more often. BRAND L VERS

Page 20: The Power of Your Brand Lover

BRAND L VERSYour

The Importance of Retention

stay loyal and don’t show interest in your competitors.

Page 21: The Power of Your Brand Lover

BRAND L VERS

The Magic of Word of Mouth

Your current create new customers for you.

Page 22: The Power of Your Brand Lover

Zappos generates over $1 billion in sales while spending only $18 million in advertising.

Repeat sales account for 75% of their revenue.

Page 23: The Power of Your Brand Lover

"We view any expense that enhances the customer experience as a marketing cost because it generates more repeat customers through word of mouth."

- Tony Hsieh, CEO of Zappos

Page 24: The Power of Your Brand Lover

Many marketers think they need to manipulate word of mouth through

gimmicks and incentives.

Page 25: The Power of Your Brand Lover

BRAND L VERS,If you serve your

they will share the word and create new customers for you—no extra incentives required.

Page 26: The Power of Your Brand Lover

BRAND L VERS.

Smart

companies

grow by

harnessing

the power of

their

Page 27: The Power of Your Brand Lover

Serving your best customers is the surest way to grow a profitable business—in any economic climate.

Page 28: The Power of Your Brand Lover

While most retailers were decimated by one of the most dismal shopping seasons in decades (4th qtr 2008),

Amazon’s sales surged almost 20%.

Page 29: The Power of Your Brand Lover

"We take those funds that might otherwise be used to shout about our service, and put those funds instead into improving the service. That's the philosophy we've taken from the beginning. If you do build a great experience, customers tell each other about that. Word of mouth is very powerful."

- Jeff Bezos, CEO Amazon.com

Page 30: The Power of Your Brand Lover

Only by focusing on your

BRAND L VERScan you differentiate your business.

Page 31: The Power of Your Brand Lover

Only by focusing on your

can you make your competition irrelevant.BRAND L VERS

Page 32: The Power of Your Brand Lover

Only by focusing on your

can you grow a legion of loyal customers who trust you, buy from you, and help you grow your business.

BRAND L VERS

Page 33: The Power of Your Brand Lover

Your BRAND L VERSare the lifeblood of your business: Serve them better than anyone else.

Page 34: The Power of Your Brand Lover

join us