Employee Investment is an Investment in Your Brand
Employees are your brand. They are the ultimate liaison between you and your customers. No customers, no business, so it's critical to make an employee investment and consider it an investment in your brand. In order to ensure your employees are the strongest representation of your brand you must create a culture of employee engagement. Here are three ways to do that.
Leadership Qualities to Keep Your Business Humming
Military discipline is known to transform people and form the incredible individuals who keep our country safe every day. The military also instills incredible leadership qualities that can help you keep your business on tract and build your team into the picture of efficiency. Here are
three qualities that Amit Kleinberger, CEO of Menchie's Frozen Yogurt, learned in the military that he applies to his business.
3 Tips For Consumer Engagement In 2015
We are just about halfway through the first month of 2015 and key indicators have the economy trending in a positive direction. Consumer spending is rising, as are employee wages. The #1 challenge that retailers will face in 2015 is consumer engagement:
How do you get your customers to stay loyal to your brand and spend their money in your store, instead of spending it elsewhere? In the past, consumer loyalty was based on four basic motivators:
convenience,
service,
pricing, and
brand identity. While these motivators still exist today, they have changed in rank and are different for every individual consumer. Social media platforms and mobile apps also play a huge role in how your consumers identify with your brand. Knowing where, when, and how your customers interact is crucial to keeping consumers engaged. Brands can use these tools to listen to every one of their consumers and tailor offers to their specific needs and keep them engaged with your brand. Here are a few tips to help your consumer engagement in 2015: 1.
Reward More Than Just Purchases Loyalty programs were primarily based around purchase behavior. The trend today is to reward a consumers
action. Is your consumer checking-in to your store or event on Facebook? Are they reviewing products or reading content regarding your brand? Rewarding these actions can keep consumers engaged while providing them with meaningful incentives tailored specifically for them. 2.
Identify Your Most Passionate Customers Knowing your customer is an integral key to serving them better. Some consumers become very passionate fans of your brand. Rewarding behaviors beyond customer spend will also give you access to valuable customer data. These consumers should be rewarded for their insight into your brand as they often become your most vocal advocates and dedicated ambassadors. 3.
Stand For Something Sometimes a company needs to focus on more than just making the best product or having the best service, consumers are also looking for an emotional connection with your brand. A perfect example: Nike and their swoosh logo. Many consumers buy Nike sneakers because they want to be connected to everything that the swoosh represents - it's long history and connection to the world's most popular athletes. Emotional connections are the main drivers of engagement, advocacy, and brand loyalty.
Read more about consumer engagement for 2015 along with some great industry examples here!
Employee Motivation Affects Your Bottom Line
Employees can be your greatest advocate or a horrible detriment to your customer interactions. They are face of your brand, and can create exceptional customer experiences that last in the minds of your customers or they can create bad experiences that leave a horrible bad taste in your consumers' mouths. Here are 3 ways that, when motivated, your employees can
positively affect your bottom line.
Loyalty Rewards Trend Toward Health and Wellness
This year Maritz Motivation is having their own "12 days of Christmas," revealing the
12 most redeemed items from their loyalty catalog and trends in electronics buying. 42% of the recent survey respondents indicated that they will redeem loyalty points to fund holiday shopping. What these consumers are buying could indicate large buying trends for the holidays. The first 3 items have been revealed, but one of the overarching themes to seasonal electronics buying could play directly into the health and wellness programs geared toward the early part of next year. Here are 3 seasonal trends: