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"Selling
the Invisible" author Harry Beckwith tells us that our customers' perceptions
are always right. The issue is not whether our customers should be satisfied
with our efforts, products, services or relationships, but that our customers
indeed feel satisfied and that that perception persists over time.
To complicate the matter, Beckwith confirms what we already know -- we humans
perceive poorly. We are not always logical in drawing conclusions or forming our
perceptions. We experience what we believe, or perceive, we will experience. How
else could we ever explain the placebo effect phenomenon that has been demonstrated
thousands of times over the past century?
The psychology behind all this is something called "Expectancy Theory."
If your mind expects something to happen, it will. At least in the mind's eye.
So how do we as business people deal with this? How do we ever compete with the
powerful customer mind and the mumbo jumbo magic of Expectancy Theory?
Let's look at professional
speakers, since they leverage this theory to their advantage all the time. As
Zig Zigler, a master professional speaker, is wont to say, "Tell 'em what
you're gonna tell 'em, tell 'em, and then tell 'em what you told 'em". In
other words, set up the expectation, deliver on it, and tell 'em the value of
what you just did.
One way marketers set expectations (and therefore, increase
their chances of being successful in keeping customers satisfied) is by building
strong branding strategies and positionings over time. Through the market's experiences
with your company or products certain levels of service and quality come to be
expected. These delivered-on expectations lead to comfort, satisfaction, competitive
advantage, and sales.
"Customers will have an expectation . .
. of your organization in mind before you ever begin telling them about specific
product or service-related messages. And that can elevate your company out of
the pack to a special place reserved for friends and trusted partners." Not
a bad place to be, huh?
Build
your brand on what's important to your customers - As you go about building
a brand, make sure that you are hitting on the expectations that are important
to your target audiences.
Design
a logo and tagline that promises delivery of those expectations. The
closer you can make the visual logo and tagline communicate the promises of your
brand the easier it will be for potential customers to learn and remember your
services or products when buying time comes around.
Use
your brands consistently and with respect. - Once a brand's tactical elements
and positioning have been decided on, they then need to be implemented consistently
over product and division categories . . . and time. Learning theory tells us
that the more people are exposed to the same material or information the more
easily it is remembered and recalled. (Who doesn't know what the yellow arches
mean?) Also, be careful not to bastardize the brand name through watered-down
brand extensions or promotional tie-in themes. This confuses the customer and
muddies the brand image and perception.
Tell
'em what you told 'em -Especially in these harder economic times, consider
retention marketing tactics like newsletters or promotional mailings that remind
your current customers of the value your brand brings to them in increasing their
business or making them more profitable. This "value-add" material not
only keeps customers more satisfied, it also increases the likelihood that they'll
stay with you.
Remember to
spend in good times and bad, even if the spending levels are lower during tougher
times. Marketing is like putting money in the bank. If you put it in one day and
take it out the next your net profits are zero.
Call Mosaic to help you
put together a solid branding effort that fits your budget!
Remember, Mosaic creates customers and increases sales for business-to-business companies through specific project work, on-going retainer assignments or marketing coaching sessions.
Until
next time.....
Rosemary
Walter
847-483-5018
Rose1Walter@MosaicMM.com

Quote
of the Month
“If your mid expects something to happen – it will.”
— Expectancy Theory |

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