Monday, October 26, 2020

8 Ways to (Really) Know Your Customers


Customer engagement is very important for building brand loyalty and driving repeat business. Businesses today must be trying to constantly improve customer engagement.
 

Engaging your customers is an important part of running a successful business no matter the size. Simply selling products or services is not enough today to attract and retain loyal customers. If you want to really connect with your audience and build lasting business relationships, you'll have to make an ongoing effort. Customer engagement marketing is not a one-and-done, set- it-and-forget-it process, nor is it a one-size-fits-all approach. To create your own customer engagement strategy, you need to follow a few of these tips.

What is customer engagement?

Customer engagement involves improving the customer experience through positive customer interactions. This can be achieved through various communication channels, from social media platforms to your company blog, and extends beyond simply attracting consumers to your brand. The idea is to maintain and continue to strengthen an on-going relationship with your customers.

Your products and services can’t be the only value you offer your customers. While they might be the driving factor, especially in the beginning, you should ensure you're creating quality content your customers can access for free – and only from your business. This will improve customer satisfaction and loyalty.

Key takeaway: Customer engagement is about more than just driving a sale. To keep customers engaged, you need to offer support and meaningful communication.

Benefits of building a customer engagement strategy

Customer engagement can improve the customer experience by creating a deeper, more personal relationship with your brand. Customers need to feel appreciated and valued for more than just the money they spend with you. Brands who are dedicated to their customers' needs will be rewarded with engaged and loyal customers.

1. Maintain the customer lifecycle.

A customer lifecycle is the length and nature of a customer's relationship with a particular brand or company. For marketers, the goal should be to make the customer's lifecycle as long and prosperous as possible. You must not only acquire customers, you must retain their interest in the brand and extending the relationship beyond a single purchase.

2. Look past the purchases.

While purchase history is the most likely insight beyond basic demographic data to influence campaigns, it doesn't go far enough. It's also important to consider your customers' communication preference, household composition and other metrics. These often-overlooked pieces of information will yield results, both because they're inherently valuable and because your competitors aren't likely to consider the information.

3. Think like a big business.

Small businesses should think like large businesses and then act using the tools available to them.

Small and medium businesses actually have an advantage when acting on insights and reacting to market trends. For large businesses, it's often a challenge to present data and propose ideas in a way that resonates with senior leaders. Similarly, institutional habits can be difficult to overcome for businesses that have been established for some time. Entrepreneurs don't face that challenge. Take advantage of your flexibility, and experiment intelligently to find out what really matters to your customers.

4. See what's right in front of you.

While it's important to pay attention to data, don't ignore information that's right under your nose. With Facebook and Google analytics and other free tools available, there's no reason to overlook information about how consumers interact with your brand. When searching for more insights, it never hurts to ask customers. Most will give you valuable information if you just ask. Loyalty programs, social media interaction and surveys can be great ways to obtain the insights you need.

5. Challenge assumptions.

This is as much a business philosophy as a marketing tactic. Don't assume that methods and practices that have worked well for the past year will work in the future. Consistently reframe your existing message, services and products in front of new audiences using different media from time to time. Sometimes, changing things up, really works well.

6. Build a brand voice.

Your brand's voice is essentially your business's personality. You'll want to maintain it in every post you share, blog you write and interaction you have.

7. Connect with consumers on social media.

Social media networks such as Instagram and Facebook are must-have customer engagement platforms for businesses. Using social media will help you both attract new customers and reach repeat customers, especially on their mobile devices.

8. Invest in content marketing.

Content marketing can be on your website, blog posts, videos, social media posts, e-mails, etc. Your content should be valuable to your target customers and include information they can't get from anyone else. In other words, you'll want to cater your content to your audience's needs while injecting your brand voice into it.

If you're going to choose one form of content marketing to pursue, our President Randy Mullikin recommends video.

"Written content is useful, but today, videos are outperforming written content. Video continues to be one of the most frequently used content marketing strategies each year. Because the human brain processes visuals 60,000 times faster than text, it is far simpler for people to remember visual information than the same information in written form. That is why marketing videos are so important for increasing traffic to your website. We even use video FAQ’s on our website www.mullikinad.com."

Key takeaway: These 8 tips can help you create customer engagement strategies that not only strengthen brand loyalty but also drive sales in an organic way that keeps customers coming back for more. For help in implementing any of  ideas for your company, contact us today at The Mullikin Agency.