Building Brand Loyalty Amongst Your Customers.
- Date: 2008-08-20 - Word Count: 899
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A product is a blend of multiple features which is positioned and distinguished by way of some special offering to establish it as a brand. And, if a customer is loyal towards a particular brand, it means a product has fulfilled all the requirements of a customer and satisfying a customer translates the brand into a pivotal product to lend the organization the leading edge over its competitors. The brand loyalists have the power to make or break the image of a brand by word of mouth publicity.
Any brand in the market thrives or survives based on its effective usage by the customer. Since the advertising for a brand has taken off new dimensions with online advertising tools as one of the potent mediums, the end user has evolved with time immemorial and hence it has become rather difficult to prevent the customer from brand switching.
The brands that have been continuously nurtured and innovated over a period of time has been the insistent choice of a consumer. And, so apart from this what other constituents hold the customer's loyalty towards a brand is an important question? How to retain the existing customer is the key concern of every organization? What mechanism should be used for each customer?
In Toto, there are 4 types of brand users who reflect the following tendencies which has been highlighted by the marketing legend, Philip Kotler.
* The Hard Core loyalists: Who is keen to buy one single brand every time.
* Soft Core loyalists: A consumer is loyal to 2-4 brands at a time.
* Shifting loyalists: Although a consumer is loyal towards a brand, but may keep shifting from one brand to another and keep coming back to the first brand towards which he was loyal.
* Switchers: Who always are on the lookout for a new brand. Perhaps here the consumer tries to experiment with new brands each time and also he may switch over because of pricing or some other reasons.
Here are the main Key constituents on the Brand Loyalty:
* Customer's set of logical and emotional conditioning: Even though a brand may not be doing well in the market and might be having few customers, a brand occupies a place in the customer's mind by continuous advertising using all the available mediums existing today. Today, a lot of viral marketing techniques have been utilized in order to create brand awareness and maintain brand loyalty.
* Good Relationship with the customer: Once the brand has been used by the customer, the organization focuses on establishing and maintaining a cordial relationship with the customer by the use of emails, direct mails or telephone. And the essence of this relationship is brand loyalty.
* Leveraging a brand by offering brand extensions : Either the brand extensions or the line extensions are introduced in order to keep up with the customer loyalty. For example, a detergent like Rin was expanded by extensions to its brand name, like Rin Advanced and Rin washing powder.
* Rebranding by offering a different marketing mix: The brand may often be delivered into a new packaging form. For example, under the category of fast food, Maggi was offered in a new packaging form. Earlier it was available in a single packing form, later was reintroduced in the market in a double packing form. Often the price may be reduced by offering the brand through a scheme which would entail the brand being packaged in a set of 3-4 and deducting the overall price. For e.g. most of the soaps are today being offered in a pack of 2-3 or 4.
* Brands supporting a good cause: There are consumers who would like to remain attached to a brand which supports social cause or any other good cause for the betterment of the general public. For example, the Kingfisher Airlines floated by Vijay Mallya swayed the Indians by sponsoring the cricket T20 match.
Now, the important thing to note is in what situations, a customer is not brand loyal.
Here are some of the vicarious situations under which a customer is unlikely to purchase one single brand all the time:
* Non-availability of a product: At times, a customer may switch over to a different brand because of locational constraints like the non-availability of a product in certain locations due to which a customer may buy another brand.
* Non-conformity with the latest fad/trend: Apple has launched 3G iphones to budge or transform the customer from the earlier mobile phone applications to the latest introduction which is sure to appeal the customer. So, the companies which innovate ad infinitum are sure to remain there is the market for a long time as well as retain their existing customers. At the same time also build up new customers.
The congregation of options available to a consumer: The customer may be price conscious and whenever he is offered the least priced brand, he is lured towards it. A customer may get a host of benefits from the new brand launched in the market as much as the brand which he was using so may try to experiment with the new one.
No doubt that, a brand always faces a tiff competition from the other brands in the market and suffers from the perils of downslide, so a marketer should keep an eye on his competitors' brands. And, a marketer should capitalize on his brand by offering a unique set of propositions to maintain his brand loyalists.
Any brand in the market thrives or survives based on its effective usage by the customer. Since the advertising for a brand has taken off new dimensions with online advertising tools as one of the potent mediums, the end user has evolved with time immemorial and hence it has become rather difficult to prevent the customer from brand switching.
The brands that have been continuously nurtured and innovated over a period of time has been the insistent choice of a consumer. And, so apart from this what other constituents hold the customer's loyalty towards a brand is an important question? How to retain the existing customer is the key concern of every organization? What mechanism should be used for each customer?
In Toto, there are 4 types of brand users who reflect the following tendencies which has been highlighted by the marketing legend, Philip Kotler.
* The Hard Core loyalists: Who is keen to buy one single brand every time.
* Soft Core loyalists: A consumer is loyal to 2-4 brands at a time.
* Shifting loyalists: Although a consumer is loyal towards a brand, but may keep shifting from one brand to another and keep coming back to the first brand towards which he was loyal.
* Switchers: Who always are on the lookout for a new brand. Perhaps here the consumer tries to experiment with new brands each time and also he may switch over because of pricing or some other reasons.
Here are the main Key constituents on the Brand Loyalty:
* Customer's set of logical and emotional conditioning: Even though a brand may not be doing well in the market and might be having few customers, a brand occupies a place in the customer's mind by continuous advertising using all the available mediums existing today. Today, a lot of viral marketing techniques have been utilized in order to create brand awareness and maintain brand loyalty.
* Good Relationship with the customer: Once the brand has been used by the customer, the organization focuses on establishing and maintaining a cordial relationship with the customer by the use of emails, direct mails or telephone. And the essence of this relationship is brand loyalty.
* Leveraging a brand by offering brand extensions : Either the brand extensions or the line extensions are introduced in order to keep up with the customer loyalty. For example, a detergent like Rin was expanded by extensions to its brand name, like Rin Advanced and Rin washing powder.
* Rebranding by offering a different marketing mix: The brand may often be delivered into a new packaging form. For example, under the category of fast food, Maggi was offered in a new packaging form. Earlier it was available in a single packing form, later was reintroduced in the market in a double packing form. Often the price may be reduced by offering the brand through a scheme which would entail the brand being packaged in a set of 3-4 and deducting the overall price. For e.g. most of the soaps are today being offered in a pack of 2-3 or 4.
* Brands supporting a good cause: There are consumers who would like to remain attached to a brand which supports social cause or any other good cause for the betterment of the general public. For example, the Kingfisher Airlines floated by Vijay Mallya swayed the Indians by sponsoring the cricket T20 match.
Now, the important thing to note is in what situations, a customer is not brand loyal.
Here are some of the vicarious situations under which a customer is unlikely to purchase one single brand all the time:
* Non-availability of a product: At times, a customer may switch over to a different brand because of locational constraints like the non-availability of a product in certain locations due to which a customer may buy another brand.
* Non-conformity with the latest fad/trend: Apple has launched 3G iphones to budge or transform the customer from the earlier mobile phone applications to the latest introduction which is sure to appeal the customer. So, the companies which innovate ad infinitum are sure to remain there is the market for a long time as well as retain their existing customers. At the same time also build up new customers.
The congregation of options available to a consumer: The customer may be price conscious and whenever he is offered the least priced brand, he is lured towards it. A customer may get a host of benefits from the new brand launched in the market as much as the brand which he was using so may try to experiment with the new one.
No doubt that, a brand always faces a tiff competition from the other brands in the market and suffers from the perils of downslide, so a marketer should keep an eye on his competitors' brands. And, a marketer should capitalize on his brand by offering a unique set of propositions to maintain his brand loyalists.
Related Tags: marketing mix, rebranding, brand loyalists, brand extension
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