Your
customer is loyal because of their emotional attachment to your
product or service. Irrespective of whether we are talking about
something desirable – champagne, perfume, the latest technology or
something that is simply a necessity – cleaning products, household
appliances or office stationery! As the CEO of Zappos.com says "every
call is perceived as a way to make a positive emotional connection
with a customer." So, what does "emotional connection"
mean? How is it developed and what impact will it have on your
business?
Emotional
and psycho-dynamic factors have long been known to drive brand
selection and loyalty. Even in today's price-sensitive economy, the
imagery attached to brands goes far beyond product attributes,
functional benefits and price. It's about capturing hearts and minds.
It's moving your customer beyond retention, to commitment, delight
and ultimately evangelism. According to Gallup, companies that
embrace the customer in this way, not merely as a standalone
activity, but in collaboration with
brand and business strategy, outperform competitors by 26% in gross
margin and 85% in sales growth.
The
route to building emotional engagement, goes beyond merely
acknowledging your customer preferences, to working diligently to
understand their values, character, desires and ambitions. Only an
insight-based, personalised marketing approach can form a strong
enough bond with a brand, that evokes a personal, emotional reaction
in customers. It is also important to understand that people aren’t
either “emotional” or “unemotional.” Consumers are typically
highly emotional about some brands and products while completely
indifferent and “unattached” to others. Business customers are as
emotional about their B2B purchases as car buyers, clothing shoppers,
and holiday makers are about their selections.
Gallup,
who have worked extensively to quantify the emotional connection
benefit, cite a metric based on Confidence, Integrity, Pride and
Passion; Confidence in the brand’s promise, belief in its
Integrity, Pride in being a customer, and Passion for the brand.
Ultimately it has uncovered the powerful financial consequences,
ranging from share-of-wallet to frequency and amount of repeat
business produced through fully engaged customers.
Moving
forward, consider the emotions you wish to produce in your customer.
Understanding the core emotional need is the most important element
to emotional branding. It becomes part of your brand essence, being
communicated across every touchpoint of your internal and external
communications. It becomes the raison
d'ĂȘtre
of the brand.
It
is important that messaging remains consistent, the brand story is
reinforced at every level; this is particularly important at
emotionally heightened touchpoints – customer services, social
media, telephone helplines.
In
essence, building an emotional bond is not dissimilar to the
development of a personal relationship. Once established it becomes
hard for a person to separate themselves from the brand and begin a
new relationship with a competitor. Emotional branding at this level,
can only be achieved by putting what customers deem most important
ahead of everything else.
An interesting read. It would have been good to see examples of products in the article...
ReplyDeleteFor me, Im loyal to HTC (android phone manufacturer) because of aesthetics, and also their attention to detail (HTC Sense overlay) - other products include Sony laptops, again aesthetics and design play a big emotional part for me... also Samsung Televisions - also aesthetically pleasing.
Thanks Graham, point taken. Personally, I am attached to the Chanel brand for so many different reasons. The brand story, from the creation of nothing into a world re-known fashion and beauty house, the life story of the founder Coco. Product specific, the packaging and results using the beauty products. The clothing is amazing from quality of stitchwork, fabrics used and level of personalised service in the boutiques.
ReplyDeleteI think everyone has a brand that they are emotionally engaged with - Very keen to hear other stories of which brands and why. Particularly interested to discover the same emotional engagement for B2B people.