Here's the biggest 🚩 brand managers make when trying to understand their customers: They settle for surface-level data from outdated research methods. If you want to truly understand your customers and reduce churn, you need to focus on 3 different routes: 1. Understand your customers better 🧠 2. Act on that understanding faster ⚡ 3. Do it at a scale that actually moves the needle 📈 But here's the kicker: The market research industry is still relying on methods developed in the 1950s! 🤯 As an anthropologist, I've seen firsthand how some of these traditional research methods often fall short. (Imagine trying to understand the ocean by looking at a glass of water or making assumptions about the ocean.) During my fieldwork, I once spent an entire year conducting just 75 interviews. It was in the context of a broader ethnographic study and it was exhausting, time-consuming, and still barely scratched the surface of the insights I needed. That experience taught me a crucial lesson: sometimes, the most valuable insights come from unexpected places and unscripted moments. So, how can you dive deeper and truly understand your customers or the people at the center of your research? - Instead of just age and location, explore social, emotional, and behavioral factors. - What are your customers' values, attitudes, and lifestyles? - Don't just ask "Do you like our product?" Ask "How does our product fit into your daily life?" Better yet ground it in lived examples. - Sometimes, the most valuable insights come from seemingly unrelated areas of your customers' lives. - Pay attention to the specific words and phrases your customers use. They can reveal underlying emotions and motivations. - Don't just focus on the average user. Your most extreme users (both positive and negative) often provide the most insightful feedback. - Ensure your research methods allow for anonymity and encourage candid responses. - Use surveys for the 'what' and in-depth interviews for the 'why'. Remember, the goal isn't just to confirm what you already know - it's to uncover the unexpected. That's where true innovation happens. By diving deeper into customer insights, you're not just reducing churn. You're building a foundation for long-term customer relationships and sustainable growth. What unconventional methods have you used to understand your customers better?
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Do it and own it. No cap. Ever wondered why the phrase “customer centric” has been so widely used lately? Like, beyond the fact that everyone’s saying it and because your company needs to be at least on par with competitors, you throw it in there? It’s been a while ago since companies could dictate what brands (or products) are and what emotional and mental space they occupy (if at all). In todays day and age, with technology and fast-paced market trends, this has shifted to become more in the hands of the customers. However you intend your brand (or product/service) to be, it’s ultimately the perception of the customers that matters. Which ultimately means that there are as many perceptions of your brand as there are people knowing about it. Tricky issue, right? Because of todays prosperity, we no longer buy stuff because we really need them. We buy stuff to belong (belief, status, group etc). And this is where communication and authenticity comes in. In my experience, companies that connects with their customers through dialogue and constant feedback, not only engages and involves them - but also get amazing brand ambassadors in return. With emphasis on amazing. Because they’re more than willing to share their experience with friends and family - some might even advocate for you in the comment field on social media. Which hits different than any other product comparison chart or list of USP’s ever will 👊🏼 ❓What is your reflection on this? And how does your company approach customer centricity? I’d love to hear! #brand #customercentricity
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📈 Statistics show that a customer-centric business model is the key to long-term success. By aligning growth strategies with consumer trends, organizations not only adapt but also thrive. Giving a voice to customers demonstrates respect and fosters trust and loyalty, two essential components of sustainable business practices. Consumer preferences are continually evolving and understanding and addressing their needs is paramount. No amount of marketing expenditure can compensate for neglecting what customers truly value. A business that genuinely seeks to bring value will inevitably enhance its brand reputation and foster strong relationships with stakeholders 🌟 Conversely, a short-sighted approach focused solely on quick profits—regardless of the impact on stakeholders—is unlikely to achieve lasting success 📉 Sustainable growth is rooted in delivering value, not just revenue. As we navigate our business landscapes, let us prioritize our customers’ needs to ensure that our organizations not only survive but thrive 🌱 #CustomerCentric #BusinessGrowth #BrandReputation #TrustAndLoyalty #SustainableBusiness #ValueCreation #ConsumerTrends #LongTermSuccess Check out this Forbes article on the topic by Andrea Eboli https://lnkd.in/gzb8VnMu
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Establishing trust and authority is paramount for brands looking to stand out. One of the most effective ways to achieve this goal is through customer stories and testimonials. And that's why sharing customer feedback is critical to building trust and loyalty to brands: Authenticity and reliability: Customer stories provide authentic accounts of a brand's experience, offering genuine insight into its products or services. This authenticity resonates with potential customers, making the brand more recognizable and trustworthy. Social proof: Positive reviews serve as powerful social proof, showing potential customers that others have had a positive experience with the brand. This verification can significantly influence purchasing decisions and reduce concerns about product quality or service reliability. Emotional connection: Customer stories can evoke emotions and create a connection between a brand and its audience. By demonstrating real-life experiences and results, brands can tap into the emotional aspect of decision-making, helping to strengthen connections with customers. Building a brand reputation: Constantly sharing customer feedback builds a positive brand reputation over time. As satisfied customers advocate for a brand, its credibility and reputation grow, attracting new customers and retaining existing ones. Demonstration of value: Reviews highlight the value a brand provides to its customers, whether it's solving a problem, satisfying a need, or improving their lives in some way. This demonstration of value strengthens the brand's positioning and competitive advantage in the market. Leveraging customer stories and testimonials is a strategic marketing approach that can significantly increase brand trust, authority and loyalty. By sharing real-life experiences and results, brands can connect with their audience on a deeper level, which ultimately contributes to business growth and success. #CustomerReviews #BrandTrust #MushroomMedia #MushroomMediaIo #DigitalStrategy #DigitalMedia #DigitalMarketingAgency #DigitalMarketing #Marketing #InfluencerMarketing
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Are You Projecting Your Brand Image in Line with Customer Perception? Inconsistencies between your brand's perception and that of your customers might result in missed opportunities, eroded confidence, and eventually lower sales. Here's how to make sure your audience completely connects with your brand image. 1. Recognise what your customers anticipate from you: Use the data from frequent focus groups, feedback sessions, and surveys to improve the services you provide. 2. Consistent Branding Across All Touchpoints: Make sure that the messaging, tone of voice, and visual identity of your business are the same on all media. 3. Keep an eye on social media and online reviews: Pay attention to what people are saying about your company online and make positive use of it to enhance the public's opinion of it. 4. Engage Your Audience: Use email newsletters, social media, and customer care channels to communicate with your clients on a frequent basis. 5. Match Your Actions to Your Values: Walking the talk strengthens favourable customer perception, whether it's about sustainability, inclusion, or providing excellent customer service. We at Advent Insight Solutions are experts at assisting companies just like yours in closing the perceived gap between your brand and your target market. We guarantee that your brand not only meets but beyond consumer expectations with our extensive suite of services, which includes market research, brand strategy development, and customer engagement solutions. Ready to elevate your brand? Reach out to us right now, and together, let's make an impact that will last! #brandpreception #Advent #marketresearch #marketresearchcompany #B2B #B2C #growth
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Digital brand, trust, and reputation management analytics involves tracking and analyzing online sentiment and interactions to maintain and enhance a brand's reputation in the digital space. This includes monitoring social media mentions, reviews, customer feedback, and online conversations to assess public perception of a brand. Key analytics tools help measure metrics such as brand mentions, sentiment analysis (positive, neutral, or negative), engagement rates, and overall customer satisfaction. Trust and reputation management focus on responding to customer concerns in real-time, addressing negative feedback, and promoting positive testimonials or case studies. By analyzing this data, businesses can take proactive steps to build trust, resolve issues quickly, and reinforce a positive brand image, ultimately leading to stronger customer loyalty and brand equity.#MKTG6040 and ILAC Fanshawe College Service Management Group. (2022, December 21). Online Reputation Management and Analytics | SMG. SMG. https://lnkd.in/gmQdnHNn
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What's the one thing that makes customers tick ✔️? Of course, there's the product, and how you market it, and we can't forget support – but the No. 1 factor is #perception. While it sounds simple, #customerperception is a complex function of cultural norms, social proof, group dynamic, emotional resonance, and communication. Crack the code, and you hold the keys to your customers' hearts. Ignore it and risk losing out to the competition. I've seen quality lose out to perception before, which is why my latest article for CX Today breaks down this game-changing concept. #branding #customerexperience https://lnkd.in/dyG2gDM2
The Critical Role of Social Perception in Understanding and Meeting Customer Needs
https://www.cxtoday.com
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15 Harsh Realities Every Marketer Needs to Face 1. Ignoring customer feedback because it doesn’t align with your vision is the start of your downfall. 2. Your brand doesn’t have a visibility problem; you have a relevance issue. 3. Clients leave because of unmet expectations, not because of better offers elsewhere. 4. Authentic brand identity is not about flashy campaigns; it’s about consistent, honest messaging. 5. If your team is afraid to experiment or question strategies, your leadership is stifling innovation. 6. Fail to understand your audience's evolving needs, and your competitors will. 7. Customer engagement multiplies when they feel heard and seen through personalized communication. 8. Overanalyzing metrics without actionable insights is just busy work, not progress. 9. Labeling a marketing tactic as “innovative” doesn’t make it effective if it doesn’t resonate with your target audience. 10. A gap between what you promise and what you deliver will erode trust faster than a campaign can rebuild it. 11. Viewing customer complaints as nuisances rather than opportunities for growth is a missed chance for loyalty. 12. Invest in understanding your clients’ worlds; this empathy will reflect in your marketing, attracting more engagement. 13. Don’t expect groundbreaking results from a campaign without investing time into creative and strategic planning. 14. Rewarding vanity metrics over genuine customer satisfaction is a shortcut to losing credibility. 15. Acquiring a new customer is significantly more expensive than retaining an existing one through thoughtful engagement. In summary: Treat your marketing strategy as a dynamic conversation with your audience, and they will stay engaged with your brand. ♻️ Find this insightful? Share to spread the wisdom. And follow Aryan Shukla for more enlightening takes. #marketing #customer #strategy
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Day 9 challenge Five key Recommendations for the Brand 1. Customer Segmentation: Identify and target different customer groups with personalized messaging that highlights the benefits of learning in a fast-paced world. Use these persona to craft more relevant calls to action, such as newsletter sign-ups and course enrolment. 2. Enhance Social Media Engagement: Actively engage with your audience by offering Q&A sessions, live streams, polls, and responding to comments. This interaction will foster community engagement and increase brand loyalty. 3. Collaborate with Educational and Business Networks: Partner with university and business social media pages to extend the brand’s reach and credibility, attracting a broader and more engaged audience. 4. Launch a Tech and Career-Focused Blog/Newsletter: Establish a blog or newsletter that delivers valuable content on topics such as technology trends and job-hunting tips, positioning the brand as a trusted source of information and expertise. 5. Adopt a More Assertive Brand Voice: Shift the tone of messaging to be more assertive and persuasive, urging users to take immediate action, whether it's signing up, joining events, or engaging with content. Ensure consistency across all content formats to create a cohesive brand experience.
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As a start-up or SME, it can be challenging to stand out in a competitive market. Building a strong relationship with your customers, and engaging them is a crucial element for your business’s success. It could also potentially help you differentiate your brand, and establish a loyal customer base. Consumers today are more empowered, and have higher expectations when it comes to their interactions with brands. In order to attract, and retain loyal customers, merely selling goods or services is insufficient. It requires continuous effort to genuinely establish a connection with them, and foster long-term business relationships. In this digital age, the average person is estimated to encounter between 6,000 to 10,000 ads every single day. This is almost twice as many as in 2007 when market research firm Yankelovich estimated that the average consumer saw up to 5,000 ads daily. Consumer engagement refers to the interactions, and experiences that consumers have with your brand. It involves building relationships with your customers by providing them with valuable content, personalised experiences, and excellent customer service. This can be done through various ongoing, omnichannel conversations, and activities, such as social media, content, email marketing, company website, and blogs. It’s all about creating a two-way conversation with your customers, and making them feel heard, and valued by allowing for open communication, feedback, and collaboration. https://lnkd.in/d3PQGvr4
4 tips to boost consumer engagement for startups and SMEs
https://www.bridgingpointsmedia.com
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As a start-up or SME, it can be challenging to stand out in a competitive market. Building a strong relationship with your customers, and engaging them is a crucial element for your business’s success. It could also potentially help you differentiate your brand, and establish a loyal customer base. Consumers today are more empowered, and have higher expectations when it comes to their interactions with brands. In order to attract, and retain loyal customers, merely selling goods or services is insufficient. It requires continuous effort to genuinely establish a connection with them, and foster long-term business relationships. In this digital age, the average person is estimated to encounter between 6,000 to 10,000 ads every single day. This is almost twice as many as in 2007 when market research firm Yankelovich estimated that the average consumer saw up to 5,000 ads daily. Consumer engagement refers to the interactions, and experiences that consumers have with your brand. It involves building relationships with your customers by providing them with valuable content, personalised experiences, and excellent customer service. This can be done through various ongoing, omnichannel conversations, and activities, such as social media, content, email marketing, company website, and blogs. It’s all about creating a two-way conversation with your customers, and making them feel heard, and valued by allowing for open communication, feedback, and collaboration. https://lnkd.in/d3PQGvr4
4 tips to boost consumer engagement for startups and SMEs
https://www.bridgingpointsmedia.com
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