Get Weekly Coaching Tip
Ready to Grow Your Business Fast?
Here’s How I Grew Five Businesses, and Eventually Sold One to a Fortune 500 Company.
6 Steps to Build Brand Loyalty
How do you maintain brand loyalty? For any business, retaining existing clientele is as important as it is to acquire new ones. Thanks to ecommerce, clients today are able to compare products and services online before they can close a deal. This makes it difficult to rely on conventional methods of building brand loyalty, especially since customers are always looking for information about different products or services to inform their purchasing decisions.
Maintaining brand loyalty has become harder today since customers are always scouting for the best deals and experiences. However, once you have loyal customers, they can be highly beneficial to your business. Repeat customers are known to market a brand or business through word of mouth, and they will always make frequent purchases, and sometimes, in bulk.
The tricky part for any business is turning a first-time buyer into a repeat client. Based on numbers, only a small percentage of first-time buyers become repeat clients, which is why your company needs to invest in building brand loyalty amongst all your clients.
What Is Brand Loyalty?
Brand loyalty can be defined as the act of having clients come back to a business for products or services over an extended period instead of going to a competing brand for the same service or product. In simpler terms, it is simply the willingness of your clients to buy from your brand and not any other.
Brand loyalty has little to do with financial reasons and more to do with how your clients view your brand or how your business makes them feel as clients. This boils down to the customer’s experience when interacting with your brand to your brand’s reputation, including its values and missions.
Brand loyalty is about MuchNeeded customer retention. It measures the ability of a brand to keep clients coming back for more and the effort you put into ensuring they keep coming back after every purchase.
How to build brand loyalty
If you are looking to grow your client base and retain more clients, here are steps you can take to build brand loyalty.
For your customers to become brand loyal, they need a loyal brand. The best way to become a brand of choice is to ensure you deliver quality and value on all your products and services. Maintain the high quality your client is accustomed to, and strive to deliver on your client’s expectations.
Being reliable and consistent will keep your old clients and get you new ones since they will never feel the need to go anywhere else.
Focus on your brand’s mission
Once you have decided on your mission as a brand, you need to ensure you remain consistent and stick to it. Customers are more likely to remember a brand when it stands for something and spread its values whenever it engages with its followers.
Part of sticking to your brand’s mission involves identifying and using consistent branding elements like fonts, colors, and logos. Use consistent imagery like images, graphics, and styles and have a consistent tone and voice whenever you represent your brand.
Provide outstanding customer service
How customers are handled when they come to your store is a huge contributing factor to whether or not they become repeat clients.
Today, most businesses handle their customer care through social platforms and instant messaging. This has taken away physical interaction, meaning a client cannot read the body language of a service provider, which often makes it possible to judge customer service.
When offering customer service online, it is important to have well-trained customer care professionals in terms of how they approach the clients, how they talk to them, and how they respond to queries online. Part of delivering excellent customer service is to ensure a client’s issue is addressed to their satisfaction.
Reward customers with special offers and discounts
Reward programs have grown to become some of the best ways to build brand loyalty. This is a great strategy if you prefer giving incentives to make clients return to your business. Clients love free stuff or discounted goods. Offering special offers and discounts on products or services is a good way of making your client come back.
Reward programs encourage buyers to keep buying with a brand to grow their points, which can be redeemed for merchandise of other services. You can also include special birthday discounts and holiday promotions to encourage your client to keep buying.
Keep customers informed and engaged
Connecting with your clients is an essential part of making them feel appreciated and give them a sense of belonging.
One way to connect with your clients is by giving them information. This can be in the form of blogs or guides about using your products. The best information should be of value to your clients and should offer more understanding of the products or services you offer.
You can also connect with your clients and target audience through engagement. This includes answering queries on social media platforms, becoming a trusted voice in forums, and promptly replying to messages and emails from your clients.
You can use customer engagement to inform them of the latest trends, deals, and discounts. When you make your followers fans of your brand, they feel more involved in the company and thus choose to associate with it. This is how they keep coming back for more.
Encourage customer feedback
Encouraging customer feedback is an important part of building brand loyalty. When you allow your clients to offer feedback, it makes them feel important to your brand and part of your decision-making process. By encouraging them to give feedback, you give your brand a human persona that is easy to approach and ready to learn from the clients.
Ensure you acknowledge feedback, good and bad. When you get negative feedback, ensure you address the issue and keep your audience informed on the steps taken to remedy the issue. Through feedback, a brand has the potential to grow since it learns from the consumers about what they want and how they interact with your products or services.
Clients return where they feel wanted, and a business that accepts feedback and acts on it is one most clients will want to associate with.
For any business, investing in creating a brand worthy of customer loyalty will always pay off. By focusing on the steps highlighted in this post, you will stabilize your revenue stream and allow your business to grow in client numbers. Check out this article on Ways to Use Content Marketing.