Trending Sources

Do You Respect Your Customers? Cultivating Customer Loyalty in 2017

Content Standard

It’s one of only few brands that have earned customer loyalty from me, thanks to dozens of positive interactions with the company online and in person. According to the research, respect—the idea that customer’s feel respected by a brand— is an underappreciated driver of loyalty. But nifty loyalty programs only go so far. Real talk: I love REI.

Tips to Improve Customer Loyalty: Necessity is the Mother of Retention

Act-On

Do they know I’m writing a blog post on customer loyalty? Instead, use your marketing automation software to improve customer loyalty. You should still be educating, upselling, and building brand loyalty. Send an email campaign that shows them how to make the most of your service or product. Send a blog post with product hacks and tips. Build Brand Loyalty.

Five Strategies for Improving Customer Experience

Webbiquity

However, dialing into customer loyalty and determining what it takes to improve customer retention isn’t always easy. Furthermore, 81% of survey respondents say they’ll continue to do business with a company if they receive positive customer support. This is a testament to the importance of providing your consumers with a positive personal experience. Loyalty Programs.

How to Retain More Customers: A Handy Guide to Creating a Positive Customer Experience [Ebook]

Hubspot

Even if your product or service is the best in its class, you need to make sure your customer is satisfied enough with their experience to continue choosing you over your competitors. In this ebook, you'll learn: What makes customers become loyal and how to achieve loyalty for your brand. It sounds like customer retention is worth putting some time and effort behind, huh?

Positioning Strategy: 5 Common-Sense Approaches that Never Work

Hinge Marketing

Today, I’d like to talk about five approaches to positioning strategy that are bound to fail. But there are other more fundamental reasons they make poor positioning platforms. So the key elements of a positioning strategy are 1) it differentiates and 2) it appeals to a specific set of buyers. Why it won’t work:   There are two problems with this positioning.

Loyalty vs. Retention Measurement

VisionEdge

Companies who want to retain or expand their relationships with existing customers are finding that measuring and modeling customer loyalty is very valuable. We were recently asked “Do you need to measure loyalty if you are measuring retention-aren’t they the same thing?” That is not to be confused with loyalty, which measures a customer’s predisposition to select a business entity as a preference, and indicates a certain resistance to competitors. Then, set about defining how you will use the model to measure and improve loyalty.

Why are experiential marketing campaigns so successful at driving brand advocacy and product demand?

Fearless Competitor

Why are experiential marketing campaigns so successful at driving brand advocacy and product demand? This can portrey the brand in an positive way on the very channels that consumers turn to for peer reviews, with tweet after tweet, and like after like re-enforcing the fact that this brand is the best choice. Experiential marketing. Want to really engage people? What do you think?

Important New Research on Customer Loyalty

Jill Konrath's Fresh Sales Strategies Blog

You feel betrayed by their lack of loyalty. Recently the Corporate Executive Board did an in-depth analysis of customer loyalty drivers. Here are the primary factors they uncovered -- and the percentage of their contribution to loyalty. 19% - Product & Service Delivery. 9% - Value-to-Price Ratio. Question: How do you maintain your customer loyalty?

How to Find The Best Influencers for Your Company

Act-On

said they only accept products. If your company has taken a strong position on something, be careful about partnering with influencers who have a different opinion. Advocacy & Loyalty influencer marketing influencersWhat’s the hardest thing about influencer marketing? Is it defining the strategy? Tracking the results? Or finding the influencers? But how much should you pay?

6 Ways to Segment Your Email List to Improve Your Success

Vertical Response

Everyone likes to be rewarded for their loyalty. Consider making a ‘Loyal Customer Promo’ or send out an email inviting 15 of your most loyal customers to a sneak peek of a product. Customers that have referred friends to your business, or reached out with positive feedback should also make the list. 5. Role or position of contact. Geographic area.

Beanstalk Data Adds Service to the Marketing Automation Recipe

Customer Experience Matrix

If you’re a true connoisseur of marketing automation systems, references to multi-value fields, SQL triggers, export via Web posts, and import via Web services may have you thinking that Beanstalk is more technically advanced than your average marketing automation product. So it’s more a difference of philosophy and positioning than technology. Anyway, back to BeanStalk.

5 Easy Ways to Ignite Your Customer Service

Vertical Response

Know who they are, where they’re from, what products they’ve purchased, how much they’ve spent, or how they’ve interacted with your marketing. The more quality inbound links you have and positive mentions, the more people will find your business on search engines. Customer Service customer loyalty customer rewards Customer service Know your customers.

Product reviews on your site are sparse. 3 things to do about it.

ReadyPulse

If you are a brand or a retailer selling online, you don’t need any convincing that product reviews are sparse on your e-commerce pages and the problem compounds if you are selling large number of products and/or products that are visual (e.g., Sometimes your customers are sharing their photos/videos showcasing your brand/products on your social network pages.

The #1 Way to Improve Customer Loyalty and Satisfaction | B2B.

B2B Marketing Insider

In B2B marketing organizations, the single most important way to keep customers is to build satisfaction and loyalty. The best way to get new customers is through positive referrals from existing customers. So, how do we build customer satisfaction and loyalty?  By cultivating satisfied and engaged employees.  Next the question becomes- how do we do it ? James L.

3 Attributes to Extend Your CMO Longevity

VisionEdge

First and foremost, these CMOs can demonstrate positive impact on the company and have impact beyond the “marketing agenda.” They also understand that their job is to translate these outputs into something relevant and meaningful to the leadership team, such as how marketing’s contribution is reducing the sales cycle/accelerating customer acquisition, reducing the cost of acquisition or retention, and improving product adoption and win rates. As a result, these companies are able to enter new markets and bring new products and services to market faster. Customer-centric.

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Advocacy Marketing Part 1: End-to-End Advantages You Can’t (Shouldn’t) Ignore

Marketing Action

Zubrance white paper states that for every $1 a company invests in energizing its brand advocates, it receives $10 in positive WOM impressions and sales. BzzAgent says brand advocates are: 75% more likely to share a great experience about a product. Product development. Advocacy & Loyalty History and the above data points suggest they’re right. First things first ….

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Turn Customers into Advocates

Vertical Response

That’s why a glowing review of your product or service from a customer to one of  their  friends can be more effective than any marketing campaign—or serves as a great complement to one. However, customers are also looking to see whether you react positively to online haters or lose your cool. There’s no way to trick someone into becoming a customer advocate. All rights reserved.

How to Get a Bigger Bang from Your Press Releases

Marketing Action

Always start off every release with a one-liner at the top, accounting for your company’s brand and position. In this example, the CIO Review regularly leads with this phrase: “The CIO Review, a leading technology publication that specializes in enterprise solution assessment…” to position itself. Press releases drew eyes. They were go-tos for information.

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Advocacy Marketing Part 2: Building Your Plan in 5 Steps

Marketing Action

happy customers, employees, and partners) spread the word about your company, products, and services via their networks and communities. Sprout Social survey says that 74% of consumers rely on their social networks to guide purchase decisions, and Lithium says the same percentage, 74%, use social media to encourage friends to try new products. Review products and services.

6 Tips for Scaling Social Media Promotion With a One-Person Team

Hubspot

That's the position I've found myself in. Thankfully, I’ve learned some approaches that scale social production and minimize time spent. Staying engaged with users is a straightforward way to earn and retain that brand loyalty. Remote workers can be 20% more productive than in-office employees - so make sure you manage them effectively. Why Does Social Promotion Matter?

Advocates and Influencers: Differences, Uses, and Red Flags

Marketing Action

“Advocates” are customers who are strongly motivated to say positive things about your brand, as well as your products or services. is fulfilling the role of an advocate by sharing his positive experience with the brand. Advocacy & Loyalty advocates brand advocacy influencers red flagsThis is a review of Act-On on G2 Crowd. Joe G. Brand advocacy doesn’t just happen.

Is customer satisfaction really important in B2B?

The B2B Research Blog

Customer loyalty is critical to any business.  After all, the logic goes, if customers are happy then they won’t feel a need to change supplier – satisfaction leads inexorably to loyalty.  Recently Circle Labs has been looking at customer loyalty and as part of this we surveyed several thousand B2B decision makers. Let me explain. Higher levels of customer service.

The #1 Way to Improve Customer Loyalty and Satisfaction

B2B Marketing Insider

In B2B marketing organizations, the single most important way to keep customers is to build satisfaction and loyalty. The best way to get new customers is through positive referrals from existing customers. So, how do we build customer satisfaction and loyalty?  By cultivating satisfied and engaged employees.  Next the question becomes- how do we do it ? James L.

How to Boost Brand Loyalty (Please Stop Bragging)

Content Standard

No one wants to hear brands constantly preach their products, though many take this approach, presenting tired campaigns and flashing ads that interrupt us from the content we want to consume. When a consumer feels they are being sold or pushed into buying a product, they are more likely to find another brand to pay attention to, with little mind to brand loyalty.

It pays to provide Support with Social Media

Buzz Marketing for Technology

Our business case for social media was built around delivering outstanding customer service using social and what we have found was that by taking situations where we may have an issue and turning them around quickly into a positive customer experience we have created a strong base of “advocates” for our brand. Why not be on the winning side of that equation. Tweet This! Digg this!

Personalized Marketing Experiences and Content Breed Higher Brand Loyalty

Content Standard

Marketing experiences and content that place priority on personalization and consumer value gain more loyalty and engagement in the long run. According to the Customer Journey Poll from SAP SE , 69 percent of respondents like personalized information about a brand’s product, and one-third of respondents hold “shared values” as a top reason they are loyal to a brand.

Businesses Investing More in UX to Enhance Customer Experience in 2017

KoMarketing Associates

Product teams, in particular, are finding that receiving continuous feedback from customers during prototyping helps refine concepts. Because better user experiences dramatically impact customer loyalty and the overall customer experience, businesses are prioritizing and maturing their UX and user research strategies,” said Brian Smith, VP of Marketing at UserTesting. Nearly 86 percent said the same when asked if user research improves the quality of their products and services. Understanding What Makes a Positive Customer Experience.

Put the Horse Before the Cart: How to Drive Brand Loyalty

Content Standard

When you say, “Don’t put the cart before the horse” you mean, don’t do something in the opposite order with incorrect positioning: A horse that pulls is much more efficient than a horse that pushes. The same can be said for companies and their products. Long Ride: Position Yourself Comfortably. The Play vs. t he Product. Put the Brand First.

Marketing Hacks: 10 New Ways to Use Your Marketing Automation Platform

Act-On

customer satisfaction, retention and loyalty programs, upsell and cross sell, community-building, and advocacy – all aimed to increase customer lifetime value. A CMO must focus her efforts across all three functions of the marketing department – awareness, acquisition, and retention. Product features. Marketing is easy to overcomplicate. How companies apply these varies widely.

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Branding terminology and jargon explained

The B2B Research Blog

Three key phrases concern how the brand is recognised: Brand name : What the company calls itself and its products.  For example, ‘Apple’ is the corporate brand name and ‘iPhone’ is the product brand name. The central phrase here is a brand’s ‘positioning’ which is usually expressed in a ‘brand positioning statement’.  When discussing or creating a brand positioning statement you may come across some further terminology, including: Brand purpose : The role that the brand sees itself playing in the world – its raison d’etre and guiding mission.

Smart Agencies Don’t Neglect the Middle and Bottom of the Marketing Funnel

Act-On

In today’s digital business environment, effective marketing calls for professionals skilled in segmentation, targeting, and positioning – much of which takes place in the middle and bottom portions of the funnel. Increasing the value and loyalty of customers is often overlooked by both sales and marketing, and that can be a costly oversight. And guess who they’re looking to – yep!

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10 People You Should Follow on Twitter if You’re in Marketing

Act-On

If you’re able to sift through the junk on Twitter to get to the gold, you’ll find yourself in a great position to create digital relationships, get first-hand information from thought leaders, and stay on top of all things marketing. Twitter’s official company mission is “to give everyone the power to create and share ideas and information instantly, without barriers.” Entrepreneur, etc.

Using Regression Analysis in market research

The B2B Research Blog

When measuring the health of customer relationships, three metrics are at the core of most studies: customer satisfaction , customer loyalty (likelihood of choosing supplier at next purchase) and customer advocacy (likelihood of recommending supplier to others). They provide a snapshot of customer health but don’t in and of themselves reveal how to improve the position.  and 0.7

Why Some Companies Are Giving Up On Content Marketing (And Why You Should Double Down)

Sales Prospecting Perspectives

His career has focused on delivering measurable results for his employers and clients in the way of greater sales, revenue growth, product success and customer loyalty. Matt has held various positions at companies such as Microsoft, Weber Shandwick, Boeing, The Seattle Mariners, Market Leader and Verdiem. We’re such an impatient lot. That result is real, but it takes time.

Marketing Hacks: 10 New Ways to Use Your Marketing Automation Platform

Act-On

customer satisfaction, retention and loyalty programs, upsell and cross sell, community-building, and advocacy – all aimed to increase customer lifetime value. A CMO must focus her efforts across all three functions of the marketing department – awareness, acquisition, and retention. Product features. Marketing is easy to overcomplicate. How companies apply these varies widely.

3 Tips for Repurposing Digital Content Creation Strategies That Boost Audience Loyalty

Content Standard

Though likely a mechanism to address the Times ‘ dire digital picture , as summarized in a leaked internal report, this strategy will undoubtedly position the publisher to compete against more digitally savvy brands like Business Insider , BuzzFeed, and The Huffington Post. All you need to do is think strategically about repurposing your content (and avoid the warning at the end).

The Rise of Virtual Reality and What It Means for B2B Marketers

Act-On

In fact, Gartner predicts that virtual reality marketing is positioned at a vital transition point, at the beginning of the growth cycle. Key takeaway: Leverage VR to let prospects feel like they’re actually experiencing your products – without visiting a physical location. This is a great opportunity for B2B companies that frequently give product demos. Key takeaway.