the power of your brand lover
TRANSCRIPT
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
Why do they buy?
convenience
quality comfort
respect
cleanlinessexpertise
friendliness
trust
reliability
price
selection
stylevalue
promise
service
safety
flexibility
VW Beetle owners light up just thinking about their cars.
Do you think they consider buying a different car?
After all, they represent a minority of your customer base and they already love you,
so why bother focusing on them?
BRAND L VERSYour
The Importance of Retention
stay loyal and don’t show interest in your competitors.
Zappos generates over $1 billion in sales while spending only $18 million in advertising.
Repeat sales account for 75% of their revenue.
"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
BRAND L VERS,If you serve your
they will share the word and create new customers for you—no extra incentives required.
Serving your best customers is the surest way to grow a profitable business—in any economic climate.
While most retailers were decimated by one of the most dismal shopping seasons in decades (4th qtr 2008),
Amazon’s sales surged almost 20%.
"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
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