Building Brand Loyalty 10/29/2011
Being in the service industry myself I know all too well how difficult it can be to satisfy every customer, every time. When consumers are loyal to a company’s brand they are voting with their heart not just with their head. They feel strongly enough that the company will take care of them if something happens that they often will stay loyal to the brand even at a higher price. The consumer these days has a plethora of options at their disposal that it’s even more important than ever for companies to ensure to continue to focus on building brand loyalty each and every day. Studies show the total cost of securing a new customer is far more expensive than having a repeat customer so companies that build brand loyalty also often have an advantage to their bottom line. Another advantage of brand loyalty is the consumer will usually be more than willing to give referrals to their friends and family which helps these companies continue to expand their customer base. As a consumer though, it’s not which company will never make a mistake but rather how the company responds to the mistake that makes all the difference for me. I recently was in the position of needing to buy a new set of tires for my car and given how insanely expensive tires are these days, you can imagine that I did my due diligence on getting price quotes from different tire centers. Truth be told I have been a loyal Les Schwab for many years and in the back of my mind, I knew I would probably purchase from them this time. However, they are not the lowest cost so I wanted to keep them honest by checking out their competitors. Even more importantly I have always had good service with Les Schwab and didn’t know what kind of service or lack thereof I may receive from their competitors. I decided to go with my gut and go with brand that I have been loyal to over the years. I received a competitive price and sat down in their waiting room to get some work done while I waited. I was glad to see the serviceman approach me in anticipation of telling me my vehicle was all ready to go. However, instead what I heard was the following “I apologize Mr. Schneider we have a new employee working today and he accidentally put the wrong size tires on your car. I will get “all hands on deck” and have it done for you in the next 20 minutes and again I am sorry about the mix up.” As I was paying the cashier, he had heard about the little snafu and told me not to worry, he would take care of me. It really wasn’t that big of an inconvenience as I was not running late but I appreciated the fact that he wanted to make sure I was completely satisfied and would return again. He did just that by giving me an additional discount of $60 to make up for this error. To be honest, I wasn’t sure what to expect but all I know is that not only did I feel satisfied but I realized that I received another confirmation of why I am loyal to the Les Schwab brand. What are you doing today to build brand loyalty with your customers? CommentsLeave a Reply | ArchivesDecember 2011 CategoriesAll |

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