42% impact on retention

put customer experience ahead of advertising Think about it long enough, and you will appreciate that an advertisement never sold anything. While an advertisement can develop awareness, build value into a brand, create a liking for a product, and generate enquiry, other factors such as product, price, availability, service, and the customer experience lead to […]

put customer experience ahead of advertising Think about it long enough, and you will appreciate that an advertisement never sold anything. While an advertisement can develop awareness, build value into a brand, create a liking for a product, and generate enquiry, other factors such as product, price, availability, service, and the customer experience lead to sales The impact of advertising on repeat sales and referral is even lower. These are almost entirely dependent on the product, price, availability, service, and the customer experience. The impact of advertising on the average sale per customer, and especially the impact on upselling and cross selling, is less again. This is almost entirely down to the factors noted above, as opposed to advertising, although point of sale may have some impact. Research by Genesys, reported in 2017, highlights the importance of customer service on purchase behaviour as follows: Improved customer retention – 42% Improved…

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Five Tips For Reducing
The Cost Of Branding.

Burning money on branding is more common than most marketers think. Because few businesses truly understand what a brand is and how branding works, advertising agencies, branding agencies and design studios have become expert at spending their client’s money without effective accountability.

Burning money on branding is more common than most marketers think. Because few businesses truly understand what a brand is and how branding works, advertising agencies, branding agencies and design studios have become expert at spending their client’s money without effective accountability.

1. Get out of the boardroom.

Perhaps the two most concerning issues about branding are the lack of understanding about what brand and branding are and the propensity to develop brands in the boardroom, perhaps with the help of a consultant.....

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