To Keep Your Customer Keep It Simple Essay Example
To Keep Your Customer Keep It Simple Essay Example

To Keep Your Customer Keep It Simple Essay Example

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  • Pages: 3 (644 words)
  • Published: February 5, 2017
  • Type: Review
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To keep Your Customers, Keep it Simple – by Patrick Spenner and Karen Freeman The above mentioned article reviews about the key finding of a marketing research done by Corporate Executive Board regarding the relation between consumer behaviors, brand loyalty and marketers. From the research, they found that in the effort of creating loyal customers, marketers by using holistic marketing strategy giving a lot of overwhelming information until pushing away the customers. Businesses misjudge what consumers want until make the consumers forgo the purchase of the product or brand altogether.

On the other hand what customers want from marketers is simplicity. From the article, we can concluded that if companies want their customers to be “sticky” which is likely to have a strong intention to purchase, and repeatedly using of the product followed by recommending about the brand

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to others , the best method is marketers must simplify consumers’ decision making and help them throughout the purchase journey. Marketers should effectively use the simplify decision making strategy in three tactics.

Firstly marketers should guide the consumers by minimizing the information sources about the product. What customer’s expectation is a simple, detailed exchange about the pros and cons of the product and how it would make the consumer’s life easy. Secondly businesses should build the trust, not about the brand but about the trusting about the information given The recommendation by adviser should be a honest, creditable and trustworthy, personalized guidance rather than promoting the brand extensively.

Finally marketers should allow consumers to weigh their choices confidently. Consumers should be able to weigh the features of the products and able to

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feel that their purchase option is the “best choice”. The researchers found that one of the companies that managed to integrate the above mentioned strategies in marketing organization is Intuit Inc. The company incorporated in US and selling accounting and software products. Intuits took efforts to simplify, specially on it’s TurboTax software product by giving the consumers a simple navigation, trust and weigh information.

From the summarized findings, we can understand that a successful marketing requires that businesses should fully connect with their customers. Understanding the theory and reality of customers behaviors is very important; so that the right product are marketed to the right customers in a right way. (Kothler Keller). Typically a consumer’s buying behavior is influence by cultural, social and personal factors. Marketers must closely observe the local cultural values to understand how to market their products and penetrate in the existing market.

Social factors such as family, reference groups and social roles and status affecting the consumers buying behaviors too. Consumer’s personal characteristic such as age, occupation, economic situations, personality, values and life style become an influential factors too in a buyer’s decision. When marketers understand the consumer’s behaviors and psychological processes by conducting a market research, then they can understand how consumers actually make their buying decisions and will get a clue to reach the target market effectively.

A consumer will go through 5 stages in a decision making process which is problem recognization, information search, evaluation, purchase decision and postpurchase behavior. The consumer’s purchase journey starts long before the actual purchase is done and continues even long after the purchase. Therefore, in these 5 stages, if

marketers able to understand the consumer behavior and provide a simple decision making strategy at each stages, the consumers will able to make a decision create a brand loyalty towards the marketers’ products.

Building customer’s loyalty is the key for a long term marketing success. If marketers able to form the consumer’s total satisfaction, value and able to achieve customer’s expectation continuously, it will lead to consumer’s loyalty. Companies that successfully cultivate loyal customers also will develop brand ambassadors whereby consumers will market a certain brand and talk positively about it among their friends.

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