Listening to the Customer
How brands and products are being shaped by the customer through social networking tools.
Dell is doing it; so is Starbucks: creating a place for customers to actively define what they want from the brand. Customers are demanding more and more for their loyalty. They want the brands they most favor to listen to them. With the advent of online interactive communities everyone can have an opinion and rate or support brands they love. Dell has created a site called IdeaStorm and Starbucks developed MyStarbucks, both of which are forums for customer input, product development critiques and reviews. Starbuck's site says "share, vote, discuss, see." This online interactivity really gets to the essence of connecting to a brand.
Brand loyalty is seen as the ultimate goal of good marketers, so big brands are experimenting with the interactive community model to get your input. Differentiating your brand, knowing your customers and creating loyalty is more challenging than ever. The market offers so many choices, whether it's laptop computers or where to buy your next double espresso. Why go to one brand over another?
The Power of Social Networking Sites
Social media communities include forums, online rating services like Yelp, news organizations and general sites that allow participants to share opinions; even the "5-star" reviews on Amazon and many ecommerce sites are a powerful form of social media that can drive traffic to or away from brands.
As an online marketing tool, social networks offer opportunities for your organization to leverage the power of the network to build brand recognition and increase customer loyalty. These opportunities facilitate connections among a broad gathering of people so that brand exposure extends far beyond the reach of traditional marketing channels. With thousands, if not millions, of customers talking to the brand you can filter, listen and respond to customer feedback.
Following Brand Trends from the Customer's Perspective
It's a lot of work to pay attention to what customers are saying, but it also can guide long term brand strategy and allow brands to see what the trends are in industries, where the product demand is, which niche markets are gaining strength and which ones are loosing customer interest.
The key to branding in this online world is to have some clear idea of what your brand is about when you enter into the world of social networking and customer input. Whether it's a blog, connections to other sites, or a site similar to Dell's you need to aware of the challenges and pitfalls.
Key Rules About Online Networks and Brand Building
There's no simple way to control and use social networks to build brands, but as a tool for listening to your customers it's invaluable.
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