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What makes Customers
Loyal to a Brand ???
Presented by
Ibnul Tamjid Iqbal
ID No. EV163072067
A presentation on
1
What is a Brand?
2
Does Branding matter ?
 Company's most valuable assets
 Represents the face of the company
 Carries a monetary value in the market
 Through which public associates with the company
 Retention of existing customers
 Provides a competitive advantage for the company
3
What is Brand Loyalty ?
Brand loyalty is a pattern
of consumer behavior
where consumers become
committed to brands and
make repeat purchases from
the same brands over time.
--- Andrew & Yap, 1993
Loyalty consists of both Attitudinal and
Behavioral components
4
Why is Brand Loyalty required ?
 Acceptance of product extensions
 Potential new customers
 Defense from competitors cutting
of prices
 Creating barriers to entry for
firms looking to enter the market
 Customers willing to pay high
prices
 Existing customers cost much less
to serve
5
Strategies for Growing a New Brand?
1. Consider overall business strategy.
2. Identify target clients.
3. Research target client group.
4. Develop brand positioning.
5. Establish messaging strategy.
6. Create name, logo and tagline.
7. Develop content marketing strategy.
8. Develop website.
9. Build marketing toolkit.
10. Implement, Track & Adjust.
6
How is Brand Loyalty developed ?
Eight Steps to Building Brand Loyalty
Step 1: Focus on the best customers
Step 2: Listen to what the customers are saying
Step 3: Understand what makes the customers tick
Step 4: Determine why the customers choose a Brand
Step 5: Be relentless in serving the best customers better than
anyone else
Step 6: Find ways to surprise the best customers
Step 7: Focus on what the Brand does best
Step 8: Deliver on the Brand’s promise
7
Being Loyal to a Brand
from Customers’ Aspect
 Quality
 Customer Service
 Price
 Convenience
 Corporate Responsibility
 Status Symbol
 Management
 Nostalgia
 Trust
 Discounts and Special
Offers
8
New Challenges in Modern World
Consumers are no longer brand loyal.
Moment marketing does little to develop a brand or
give consumers permission to interact with them.
Armando Azarloza
President, Axis Agency
9
THANK YOU
10

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What makes customes loyal to a brand

  • 1. What makes Customers Loyal to a Brand ??? Presented by Ibnul Tamjid Iqbal ID No. EV163072067 A presentation on 1
  • 2. What is a Brand? 2
  • 3. Does Branding matter ?  Company's most valuable assets  Represents the face of the company  Carries a monetary value in the market  Through which public associates with the company  Retention of existing customers  Provides a competitive advantage for the company 3
  • 4. What is Brand Loyalty ? Brand loyalty is a pattern of consumer behavior where consumers become committed to brands and make repeat purchases from the same brands over time. --- Andrew & Yap, 1993 Loyalty consists of both Attitudinal and Behavioral components 4
  • 5. Why is Brand Loyalty required ?  Acceptance of product extensions  Potential new customers  Defense from competitors cutting of prices  Creating barriers to entry for firms looking to enter the market  Customers willing to pay high prices  Existing customers cost much less to serve 5
  • 6. Strategies for Growing a New Brand? 1. Consider overall business strategy. 2. Identify target clients. 3. Research target client group. 4. Develop brand positioning. 5. Establish messaging strategy. 6. Create name, logo and tagline. 7. Develop content marketing strategy. 8. Develop website. 9. Build marketing toolkit. 10. Implement, Track & Adjust. 6
  • 7. How is Brand Loyalty developed ? Eight Steps to Building Brand Loyalty Step 1: Focus on the best customers Step 2: Listen to what the customers are saying Step 3: Understand what makes the customers tick Step 4: Determine why the customers choose a Brand Step 5: Be relentless in serving the best customers better than anyone else Step 6: Find ways to surprise the best customers Step 7: Focus on what the Brand does best Step 8: Deliver on the Brand’s promise 7
  • 8. Being Loyal to a Brand from Customers’ Aspect  Quality  Customer Service  Price  Convenience  Corporate Responsibility  Status Symbol  Management  Nostalgia  Trust  Discounts and Special Offers 8
  • 9. New Challenges in Modern World Consumers are no longer brand loyal. Moment marketing does little to develop a brand or give consumers permission to interact with them. Armando Azarloza President, Axis Agency 9

Editor's Notes

  1. a consumer displays behavioral loyalty by buying Coke when there are few alternatives available and attitudinal loyalty when they will not buy an alternative brand when Coke is not available
  2. Learn how they think, feel, and behave towards your brand if you want to build brand loyalty
  3. There is now a greater desire for accountability with business practices, but also in supporting communities outside of the financial side of the business. it’s not just about complaints—social can also mean you’re always available to help out your customers. use nostalgia to promote a sense of kinship.
  4. moment marketing capitalizes on having just the right message at just the right moment.