1
—STEVE JOBS, APPLE
2
Brand loyalty usually
relates to a product,
Not a company.
3
• It exists when the consumer feels that the brand
consists of right product characteristics and quality at
right price.
“better
than others,”
and
“only brand that
does what it does”
4
“always deliver to
expectations,”
“I can depend on,”
“I trust”
and
“consistent
experiences”
“has interesting
and
engaging content
online”
“makes me
happy”
“connects with me
emotionally,”
“makes me feel
inspired”
and
“has a purpose I
believe in”
There are five variables that have been uncovered to be potential
drivers of brand loyalty. These variables are:
Better Dependable Social media
Light emotional
connection
(LEC)
Heavy
emotional
connection
(HEC)
IMPORTANCE
OF
BRAND LOYALTY
IN MODERN MARKETING
Greater loyalty levels lead to less marketing expenditure because the brand loyal
customers promote the brand positively. Also, it acts as a means of launching and
introducing more products that are targeted at same customers at less expenditure. It
also restrains new competitors in the market.
Brand loyalty is a key component of brand equity.
6
THE BENEFITS OF BRAND LOYALTY
• It reduces the cost of production because the sales volume is higher.
• Companies with brand-loyal customers don't have to spend as much money on marketing the product,
which will permit the company to either retain more earnings or to invest resources elsewhere.
• Companies may use premium pricing that will increase profit margins.
• Finally, loyal customers tend to recommend products that they like.
1 2 3 4 5
Reference : The basics you can find anywhere 5 Steps To Successful Storytelling Published on April 5, 2014 Featured in: Marketing & Advertising
To develop brand loyalty, an organization should know their niche market, target
them, support their good product, ensure easy access of their product, be
transparent, provide customer satisfaction and atmosphere of trust, bring constant
innovation in their product and offer schemes on their product so as to ensure that
customers repeatedly purchase the product.
STRATEGIES
TO
INSTIL
BRAND LOYALTY
You have to start
with a notable
brand, that you can
differentiate from the
competition. Without
this step, loyalists of
other brands will
have no reason to
switch to yours.
8
If you want to give
more positive
experiences and
memories to your
target market, you
need to understand
exactly how they
think and what
they’re looking for.
Find out what that is,
and give it to them.
Find a way to make
customers feel your
brand is a part of
their personal
identity. Once it’s
there, this identity
factor going to
become virtually
impossible to get rid
of.
The best way to
build a community is
to nurture an
organic one. Foster a
sense of tribalism by
allowing your
customers to engage
with one another.
It’s important that
online information
should be updated
frequently to meet
customer
expectations. Use a
real, personalized
email
YOUR BRAND SHOULD PROMOTE YOUR COMPANY’S CORE VALUES.
Stand out by
being different
Know your
target market,
and cater to
those people
Make your
brand a
component of
personal
identity
Allow your
customers to
interact with
one other
Keep your
customers to
informed
I understand that a big startup company like QRIUS should start a
campaign in India's most university and colleges. I Feel that
Students are very excited to work with us. We will face more and more
student and understand the need and basic demand of people and we
will be succeed to create a atmosphere of trust.
We should keep an eye on market and test our ideas constantly.
And We should be more focused on digital media; most importantly
email marketing.
CONCLUSION
One day our company will be the most exciting platform of knowledge, idea
and innovation.
And people will support us to reach on top of curious world.
Neal Creative | click & Learn moreNeal Creative ©
THANK YOU
PRINCE KUMAR
KIIT, BHUBNESWAR
:-

BRAND LOYALTY

  • 1.
  • 2.
  • 3.
    Brand loyalty usually relatesto a product, Not a company. 3 • It exists when the consumer feels that the brand consists of right product characteristics and quality at right price.
  • 4.
    “better than others,” and “only brandthat does what it does” 4 “always deliver to expectations,” “I can depend on,” “I trust” and “consistent experiences” “has interesting and engaging content online” “makes me happy” “connects with me emotionally,” “makes me feel inspired” and “has a purpose I believe in” There are five variables that have been uncovered to be potential drivers of brand loyalty. These variables are: Better Dependable Social media Light emotional connection (LEC) Heavy emotional connection (HEC)
  • 5.
    IMPORTANCE OF BRAND LOYALTY IN MODERNMARKETING Greater loyalty levels lead to less marketing expenditure because the brand loyal customers promote the brand positively. Also, it acts as a means of launching and introducing more products that are targeted at same customers at less expenditure. It also restrains new competitors in the market. Brand loyalty is a key component of brand equity.
  • 6.
    6 THE BENEFITS OFBRAND LOYALTY • It reduces the cost of production because the sales volume is higher. • Companies with brand-loyal customers don't have to spend as much money on marketing the product, which will permit the company to either retain more earnings or to invest resources elsewhere. • Companies may use premium pricing that will increase profit margins. • Finally, loyal customers tend to recommend products that they like. 1 2 3 4 5 Reference : The basics you can find anywhere 5 Steps To Successful Storytelling Published on April 5, 2014 Featured in: Marketing & Advertising
  • 7.
    To develop brandloyalty, an organization should know their niche market, target them, support their good product, ensure easy access of their product, be transparent, provide customer satisfaction and atmosphere of trust, bring constant innovation in their product and offer schemes on their product so as to ensure that customers repeatedly purchase the product. STRATEGIES TO INSTIL BRAND LOYALTY
  • 8.
    You have tostart with a notable brand, that you can differentiate from the competition. Without this step, loyalists of other brands will have no reason to switch to yours. 8 If you want to give more positive experiences and memories to your target market, you need to understand exactly how they think and what they’re looking for. Find out what that is, and give it to them. Find a way to make customers feel your brand is a part of their personal identity. Once it’s there, this identity factor going to become virtually impossible to get rid of. The best way to build a community is to nurture an organic one. Foster a sense of tribalism by allowing your customers to engage with one another. It’s important that online information should be updated frequently to meet customer expectations. Use a real, personalized email YOUR BRAND SHOULD PROMOTE YOUR COMPANY’S CORE VALUES. Stand out by being different Know your target market, and cater to those people Make your brand a component of personal identity Allow your customers to interact with one other Keep your customers to informed
  • 9.
    I understand thata big startup company like QRIUS should start a campaign in India's most university and colleges. I Feel that Students are very excited to work with us. We will face more and more student and understand the need and basic demand of people and we will be succeed to create a atmosphere of trust. We should keep an eye on market and test our ideas constantly. And We should be more focused on digital media; most importantly email marketing. CONCLUSION One day our company will be the most exciting platform of knowledge, idea and innovation. And people will support us to reach on top of curious world.
  • 10.
    Neal Creative |click & Learn moreNeal Creative © THANK YOU PRINCE KUMAR KIIT, BHUBNESWAR :-

Editor's Notes

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