THE KEY TO BRAND DIFFERENTIATION

Accord­ing to O’Boyle, “You have to add more to the rela­tion­ship there. B2B in par­tic­u­lar, has a mani­a­cal focus on the fea­tures, prod­ucts, and deliv­ery mech­a­nism but some­times fails to rec­og­nize the strength of the rela­tion­ship that they need to build.”

Fully engaged cus­tomers, accord­ing to Gallup’s def­i­n­i­tion are those who “are strongly emo­tion­ally attached and atti­tu­di­nally loyal. They’ll go out of their way to locate a favored prod­uct or ser­vice, and they won’t accept sub­sti­tutes.” These cus­tomers were found to aver­age a 23 per­cent pre­mium over typ­i­cal cus­tomers in over­all wal­let share, prof­itabil­ity, rev­enue, and rela­tion­ship growth.

There are a num­ber of ways to cre­ate engaged cus­tomers beyond offer­ing an out­stand­ing prod­uct or ser­vice. One way, of course, is through var­i­ous forms of brand mar­ket­ing. How­ever, while a well thought-out and cre­ative mar­ket­ing cam­paign can cre­ate the strong emo­tional attach­ment needed to form a high level of cus­tomer engage­ment, cus­tomers will quickly switch from engaged to actively dis­en­gaged if they have a bad inter­ac­tion with cus­tomer ser­vice or support.

Hence the grow­ing focus many com­pa­nies are plac­ing on achiev­ing world-class cus­tomer ser­vice. By spend­ing a frac­tion of their mar­ket­ing dol­lars to improve the cus­tomer ser­vice skills of their employ­ees, pro­vid­ing their ser­vice and sup­port teams with the appro­pri­ate tech­nol­ogy to sup­port them, and mak­ing sure com­pany processes and pro­ce­dures are customer-friendly, these com­pa­nies are achiev­ing out­stand­ing results. Invest­ing in ser­vice deliv­ery will not only mea­sur­ably improve cus­tomer sat­is­fac­tion and loy­alty, but also reduce oper­a­tional costs as well.

With the econ­omy begin­ning to improve, it’s time to con­sider re-allocating resources to ensure that your cus­tomer ser­vice and sup­port teams stand ready to build on your brand promise, and cre­ate cus­tomers who loudly sing your praises.

Written by Peggy Carlaw