A business without a face will only serve to
immerse your firm further in the deep sea of competition! We live in an
experience economy. Firms are charged with creating an entirely
memorable experience that customers wish to return to again and again.
Your passion and purpose for being must be told to your customers and
the world.
Humans are emotionally driven and directed beings and will pay more and
purchase more from those firms and individuals that hold both: mental
and emotional real estate in the minds and heart of their customers.
Research suggests that those brands that engage people emotionally and
that differentiate themselves command prices 20% to 200% higher than
competitors' and sell in far higher volume. Want to be as sticky to
your customer as Nordstrom's, Starbuck's or Target? The world's most
successful brands evoke an emotional response from the customer and
have a great story to tell.
Firms spend the majority of marketing dollars to create and then offer
elaborate brand promises. These same firms don't pay enough attention
to delivering training that ensures these promises are translated into
reality for the employees and ultimately for the customer.
A timely research project at Baylor University is investigating how
employee based branding effects brand equity. In a series of studies,
Chris Pullig, Assistant Professor of Marketing, found that when
employees find the brand they represent more attractive by fully
understanding the firm's story, they are ever more committed to deliver
the brand's promise. This commitment is positively related to job
performance and ultimate customer satisfaction. This means that brand
messages aimed at current and prospective employees may be equally
important as the ones aimed at consumers in creating marketplace
success.
In summary, your firm's unique story communicates your passion and
engages your customers emotionally when told in a creative, endearing
and thought provoking way. That story and its appeal to the customer
can make you all the more attractive as they begin to develop a
personal affinity with your firm. Your brand's internal and external
image cohesiveness is also a direct reflection of your ability to get
your entire team to operate from the same playbook.
The shared passion, purpose, vision, and core values that your team
members hold will help them to communicate the brands story to current
and prospective customers. It is the responsibility of your management
team to translate the firm's unique story into something exciting for
them that will ultimately impact your customers.
With more than
20 years experience in corporate turnaround environments, John Males
brings expertise to clients in the areas of management, sales and
negotiations. His customers include some of the world's most successful
firms and recognized brands. John can be reached at
info@fathomtraining.com or http://www.fathomtraining.com