Remove Customer Loyalty Remove Management Remove Marketing Remove Short-term
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How to Hold onto Your Customers in a Crisis

Leading Blog

Your team has to know what your “ forever promise ” is—the organization’s commit-ment to customers that justifies customer loyalty. I’ve observed companies panicking and doing anything they can to manage short-term cash—and destroying hard-earned relationships at lightning speed.

Crisis 330
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How to Drive Strategies By Assessing Your Company Capabilities

N2Growth Blog

Response: Is the management team accessible? What segment of the market do they serve? Customer Loyalty: Is the firm preferred among its customers? How easy is it for a customer to shift to another provider? By market segment? By customer? How quickly can ad-hoc management reports be delivered?

Strategy 261
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Forget Brand Preference – Win the Brand Relevance War

Strategy Driven

There are two ways to compete in existing markets – gaining brand preference and making competitors irrelevant. The first and most commonly used route to winning customers and sales focuses on generating brand preference among the brand choices considered by customers, on beating the competition. Whole Foods Market.

Brand 56
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A Refresher on Marketing ROI

Harvard Business Review

Companies spend a lot on marketing communications. And more fundamentally, does marketing actually work? Marketing ROI analysis can help answer those questions. What is Marketing ROI, and How Do Companies Use It? Avery explains that it is also referred to by its acronym, MROI, or as return on marketing investment (ROMI).

ROI 8
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The 21.5 early warning signals that the prospect is ready to buy.

Strategy Driven

Motive is a short word. Short for motivation. When someone wants to know the price, or what the terms could be or even if they are objecting to it, it means that they are interested in it. An objection means you haven’t sold me yet. But a question indicates genuine buyer interest. Your job is to listen beyond the question.

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The proposal and the sale are miles apart

Strategy Driven

Your job is to make yourself a winner BEFORE the proposal happens by creating conditions or terms that preclude others from either bidding or winning. You need to convince your buyer that there’s a long term cost, not simply a short term price. Are they are buying your price only — taking the lowest bid?

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Face-to-face networking is still the key to connections.

Strategy Driven

Little did I know that 20 years later some of the people that I met then would be my best friends and longest term clients. How to hire, fire, train, and market business. A higher level membership that attracts more of the high-level business owners and managers. Shortly after joining the Chamber, I was a little discouraged.