What
Does Your Brand
Promise?
A brand promise
is the cornerstone of
branding as a marketing strategy.
Properly
developed and managed, the
promise can generate new business and referrals from past clients.
However, poor
brand development and weak business management will lead to broken
promises.
Broken promises
drive customers to the
competition.
A Brand Is A Promise
A brand promise
means that clients’
realistic expectations will be met.
In practice,
this means that Starbucks
promises that customers will receive the same quality of coffee at a
location on Wall Street as in a beachfront store in Santa Cruz,
California.
Or that the
Williams of Sonoma gift
card you bought online can be applied to your next purchase at a
Williams of Sonoma store, wherever it is located.
As consumers,
our expectations are not
based on who made or sold the coffee.
Nor are they
dependent upon where you
purchased the gift card.
The critical
element is that the brand
promise itself, Starbucks, Williams of Sonoma. Successful brands make
promises upon which we base our expectations.
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The Good News About Promises
By consistently
providing quality
service, in effect you promise that clients will continue to
receive
the same quality.
This promise of
quality is reassuring
to your clients and contacts. It increases their comfort
in
continuing to deal with you and also recommend potential clients to
you.
Not
surprisingly, this promise of
quality is a key element in both your overall marketing planning and
also your personal marketing plan.
This is the
good news element of the
promise: it reassures clients and contacts, which in turn will
generate more business.
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The Bad News About Promises
The bad news
element is the
all-too-familiar problem of dealing with fallout from broken
promises.
Fulfilled
promises-–or
expectations–-are great.
Remember how
eagerly you anticipated
that special meal in your favorite restaurant? And how wonderful it
was when the experience was even better than what you expected?
But what about
when the food or service
failed to met your expectations? The experience may have been so
upsetting that you vowed never to go back.
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Broken Promises—The Worst Case
Scenario
In making
promises, whether explicitly
in words or implicitly through actions, you are setting standards
that you must continue to meet.
As long as
these standards are met, all
is well.
However, once
you fail to honor your
promises, all hell can break loose.
Most consumers
tend to be
well-informed.
They know that
in today’s competitive
marketplace, they have many choices.
Few things
annoy consumers more than
broken promises. Unhappy customers can, and usually do, respond by
taking their business to the competition.
Instead of
happily promoting a business
that has pleased them, they will joyfully badmouth one that has
displeased them.
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What Does Your Brand Promise?
Certainly you have made promises to
clients.
What are some of the promises that you
have made most commonly?
How consistently have you kept these
promises? Be honest now, no one is watching.
How does your brand promise reflect
your goals and values?
The promises that you make, whether by
spoken statement or through your brand, are critical factors in
developing your marketing communications.
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How To Develop Your PromiseWithout a doubt, your promise of quality is an essential element of
your personal marketing plan...and your ultimate success.
How To Achieve Better Marketing Results ... Sooner is
a new e-book that includes tools that will help you develop your
own promise.
Specifically Exercise-4 will help you identify your
achievements as a real estate agent.
This tool
will help you develop an out line of your promise
that help
prospects learn about how as their real estate agent. you will
help them enjoy by selecting you
By more effectively promoting
your promise, you can attract more
clients...generate more
new business...and achieve more success in real estate.
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Need some help with the development...or refinement...of your brand promise?
I'd be happy to help by coaching you through the process.
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