Wednesday, July 1, 2009

Brand Loyalty Increases Sales

By Amy Nutt

For any business striving to increase their sales, creating customer loyalty plays a key role in achieving their desired results. Spreading awareness about a brand that contains the essential ideas and philosophies about your business will go a long way in maintaining and improving product sales.

When customers decide to buy a product or service, their decisions are largely based on the quality of the product or service, and the message and ideas that a company imparts using various marketing techniques. Once a customer is satisfied with the product, brand loyalty is achieved. The result will be an increase in sales.

The following is a list of strategic methods that will help a business achieve brand loyalty:

Promotional Products: Using promotional products allows a business to get their name out to the consumer. Examples can include giving away free products at an event such as a baseball game or charity event. The purpose is to get consumers to remember your product name and company. You do not usually make money, but you will be rewarded later with new customers as they will remember your name. Promotional products allow you to gain brand recognition.

Free Items: Everyone likes to receive a free item occasionally. This can include giving customers a free item after they buy a certain number of items. For instance, coffee shops will often use a special coffee card where they mark off each time a customer buys a coffee and once they have purchased so many cups, they get a free cup of coffee. This encourages repeat customers and the customer will become loyal to the product.

Reward Customer Loyalty: Showing your customers that you appreciate their business will go a long way to maintaining their loyalty. Businesses will often reward loyal customers by sending them special discounts on select items. This can be dome through email or snail mail. Coupons and certificates are normally sent to the customers. This shows the customer that a business cares and they see them as a person and not a sales figure.

Display Brand Logo: To help customers remember your brand, you need to display your logo as much and in many places as you can. This can include: employee uniforms, letter heads, on your website, at special public events, on signs, on business vehiclesetc. How well a person remembers the brand depends on the design of the logo, where the logo is featured (billboards, magazinesetc) how many times it is displayed, the size of the display, and if memory enhancers were used such as a particular catch phrase or memorable colors and illustrations. Colors can have a significant effect on a person's perception of a product or brand.

Online communities: Establishing a web presence through social sites such as Facebook, Twitter, and MySpace is a great way to interact with customers and acquire a large number of followers. You can keep them apprised of company activities and they can interact with you.

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