Strategies To Increase Customer Loyalty And Turn Your Customers Into Raving Fans

5 Strategies To Increase Customer Loyalty & Turn Your Customers Into Raving Fans

The fastest way to grow your business is to build a lovable brand. Why? When customers love your company, they churn less and refer more.

But building a loveable business isn’t easy.

To be successful, you have to get every aspect of your customer experience right, from sales and marketing to customer service and product development.

Most importantly, you have to build a customer-obsessed company culture.

So, where do you start?

Don’t worry, we have you covered. Stick to these five customer loyalty-building strategies, and you’ll turn your customers into raving fans:

1. Continually Collect Feedback From All Stakeholders

The most beloved brands are the ones that listen to their customers, their employees, and everybody in between. That’s because the only way to know what you’re doing right and what you’re doing wrong is to collect feedback consistently.

This means checking in with your customers and your support reps (employees on the front lines), and monitoring your online presence (social media and review sites).

Put survey systems and tools in place, both automated and manual, at every touch point. Never miss an opportunity to ask for feedback.

And good, bad, or ugly, make sure you share that feedback with your whole company, across teams and departments. The insights you gather are useless if you collect them in a vacuum.

2. Align Your Brand Identity With Your Customers’ Values

How well do your brand’s espoused values resonate with your customers? A study published in the Harvard Business Review concluded that  64% of customers could develop a stronger relationship with a brand when their values aligned with the company’s values.

To create a meaningful bond with your customers, you must develop a strong value set with which your target consumer identifies. 

Take a look at the car brand Subaru.

For the first 40 years of its existence, Subaru wasn’t profitable. Only after they aligned their brand’s identity with their target consumers’ values did Subaru’s demand take off, resulting in eight consecutive years of record-breaking growth.

3. Set Customer Expectations So You Can Exceed Them

The old customer service adage “under-promise and over-deliver” still holds up. Still, before you can deliver the kind of customer service that wows customers, you must set yourself up for success by setting your customer expectations. Start with these three cornerstones:

  • Be truthful in your marketing and honest during the sales process.
  • Examine your customer journey so there aren’t any unpleasant surprises.
  • Educate your customers during onboarding so they know what to expect.

Remember, when a customer is unhappy with your business, it’s because something didn’t happen as your customer expected. Set customer expectations upfront, or you won’t have the opportunity to exceed them.

4. Give Small Thoughtful Gifts At Random Times

People love free stuff. There’s no doubt about it. But what experienced brands know is that promotional materials and freebies have the power and potential to elevate brand awareness, expand its reach, and integrate the brand into the customer’s everyday life.

No matter how trivial they seem, branded promo materials can influence the customer’s behavior at any point in their life cycle.  This is why established businesses readily give out big and small promotional items, such as personalized pens, to prospects, potential business partners, and even employees.

Remember, even in a business environment, it’s not the gift but the thought that counts. So be thoughtful. Finding a reason to give a random gift can be used to exceed expectations and build your brand

5. Show Your Customers Your Human Side

Finally, remember that the above strategies will only work if you execute them on the foundation of honesty and transparency. What’s the best way to do that? Show your customers that the real people behind your business care about doing a good job. 

Your customers know the difference between fluff marketing and true authenticity. Show your customers you’re human by admitting mistakes and leveling with them when you cannot deliver on something they want. 

Build customer loyalty by empathizing with your customers and showing them you care.

If your customers know they are in a relationship with a company that cares, you’ll gain their loyalty and referral.

The best way to do that is not through automation messaging or technology.

Just be human.

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Editor’s Note: The article is part of the blog series Grow Your Business by the marketing team at Unitel, the virtual phone system priced and designed for startups and small business owners.