Brands that love customers

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This is my 2012 talk on how brands should be engaging with customers. its back to the fundamentals stuff that most marketing managers are not applying. I trust that it will add much value to your customer relationship strategies.

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BRANDS THAT LOVE CUSTOMERS

FIND CUSTOMERS THAT LOVE

BRANDS

Live for the Boom!

BRANDS THAT LOVE CUSTOMERS...

1. Create the Love

2. The Rules of engagement

3. Tactics of engagement

4. Creative examples to inspire you

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Live for the Boom!

Build brand for a long-term sustainable business

GROW YOUR BRAND

1.

Build cash flow and boost profitability

GROW YOUR SALES2.

STRENGTHEN CUSTOMER RELATIONSHIPSCreate loyal customer relationships to increase lifetime value.

3.

Boomtown’s unique methodology

I’m here to teach you about dating

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CRM direct

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Dating basicsCouples usually wait until 6-8 dates before they are willing to enter into an exclusive relationship.

The most common time for breakups is around three to five months.

On average, it takes between 12 to 14 dates before couples will trade house keys.

Dating your customers6-8 touchpoints per campaign

Don’t flirt to convert and then forget. We invest time into building the relationship, you’ll reap the rewards of loyalty

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Dating basicsNinety-two percent of single parents would rather date other single parents.

Researchers at the University of Chicago found that people were twice as likely to find a date through friends and family than through the bar scene.

Dating your customersConsumers choose brands that understand who they really are.

Word of mouth, peer to peer recommendations are most powerful

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Dating basicsPsychologists at the University of Pennsylvania studied data from over 10,000 speed daters and found that most people make a decision regarding a person’s attraction within three seconds of meeting.

Dating your customersCreativity is critical

All communication needs to work in the first 3 seconds

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Dating basicsThirty-three percent of online daters form a relationship, 33% do not, and 33% give up.

Dating your customersSegment your customer base, using psychographics rather than demographics

If you work harder, you can easily get 33% more customers

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Dating basics

In the online dating world, women are afraid of meeting a serial killer. Men are

afraid of meeting someone “fat.”

According to stats, only about 3% of men are psychopaths, of which only a tiny

percentage are serial killers.

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The rules of engagement

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#1The brand HAS to live inside-outIf there’s love at home, the whole house is happy

Create brand engagement internally before expecting others follow

Sustain your internal brand with the same level of passion you would for your customers.

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#2 Customer loyalty is the key to profitabilityEveryone longs for a long term relationship

Have a sales philosophy that emphasizes relationship building. Think end-of-time friendships, not end-of-month totals.

Without customer loyalty, customers leave. Then you can end up sacrificing as much as a third of your sales year just to get your numbers back to where they were the previous year. Ouch.

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#3 Lead something!Everyone wants to follow something worthwhile

Be known for something, a cause, a conspiracy...

Define a unique niche and become the customer's expert on it.

Write your unique brand stories, create content, PR, write songs...

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600% increase in sales in first 2 months!

Teach me your culture/values

Entertain me

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5 of the most common marketing errors

1. Trying to force customers to love your brand (come

alongside them in their lifestyle)

2. Playing it safe (safe is risky)

3. Speaking generically to a faceless target market (tribal

mapping, insights)

4. Thinking marketing is not measurable (measure what

matters)

5. Focus on creativity alone (change behavior, get customer

to buy).

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I know the rules, I just can’t get them to notice me!!!!

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Customers love: to see things done differently

take an everyday service and make it different

challenge: the ability to look in order to

see something new.

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Customers love: to see things done differently

Customers perceive innovation

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Customers love: to see things done differently

Customers perceive innovation

Aida Cruises

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Customers love: to see things done differently

Customers perceive innovation

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The tactics of engagement

(dating can be a tricky business :)

Being tactical

Strategic Tactical

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We’re running with

the bulls!

Being tactical

Research shows that peers are the most trusted, and we (marketers) are the least......what if we put our brands into the hands of the market?

(Digital is the platform where all the action is, but banner ads have less than 0.2% click-through)

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Create campaigns that

connect to connectors

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Being tactical

Case study:

A tactical campaign: finding the connectors, creating a big idea that can be seeded into the ‘community’, owned by the consumer.

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Peer marketing extends your sales force across channels you cannot buy.

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NMMU flashmob

• Utilise a university asset – NMMU choir

• Utilise 4000 names from Open Day Competition 2 months prior

• Involve target rather than speak to them

• Move the ‘real world’ idea into the digital environment

• Feed to ‘connectors’ on Facebook

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NMMU: A fully integrated, tactical campaign

Experiential big idea

Movie/food courts

Radio/Mag/flyers/banners

Connectors: video sharing

Viral / Youtube

Cinema ads

Speak with the target audience, not to them.

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RESULTS

with only minimal local support media

• Over 100 000 hits within 2 months of upload

• One of the fastest growing South African videos of the year

• The most watched South African video on YouTube when initially released

• Viewed on every continent

• Featured on eNews & on News24 masthead

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RESULTS

• Flash mob video received over R400 000 Online Ad Value from exposure online - 10 times the cost of production of the video

• Total traditional media (offline) AVE for flash mob was R 445 000

• R 1 345 000 Media Value from a R 70 000 production

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RETURN ON INVESTMENT

Undergraduate Applications2010 : 10 3402011 : 13 853

An extra 3513 students An average of R15 000 fees

An potential extra R52 million•

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BE REMARKABLE!

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closing time...You’re in a relationship, never forget that

First create the brand inside

Be remarkable and lead something

Focus everything around lifetime value

Get powerful wins by being tactical

Run creative campaigns and measure what matters most

THANK YOU

neil@boomtown.co.za