In a culture driven by consumerism, it makes sense that many of us have attachments to products and brands that goes beyond simple preference. Maybe it’s a cleaning product brand that you trust because your mom swore by its efficacy, and even though newer products with lots of hype have tried to sway your devotion, you figure if it was good enough for the woman who kept your childhood home spotless, it’s good enough for you. Maybe it’s a product that gives you a deep sense of comfort because you’ve used it since childhood. Kleenex brand tissues recently reported that one of their consistently best-selling products are the tissues that have the Vicks Vapo-Rub scent added to them, a success that their research suggests is simply because Generation X has strong “sense memories” of being cared for and feeling protected when they inhale that telltale menthol scent.
What do these two examples have in common? They’re both significant examples of brand attachment in action. Today’s marketing strategist has devoted a decent part of their strategy and marketing budget to creating customer loyalty, and there’s no denying that investing in customer fidelity via a meaningful customer experience is a smart play. After all, consumers still rate a personalized customer journey as the most important component for creating brand devotion.
Recently however, some marketing experts are wondering if there are some other factors to consider when building a Customer Lifetime Value (CLV) strategy. A study published in Applied Psychology Today conducted by a team of sociological and consumerism experts revealed a potential gap in the roadmap, one where emotional attachment to a brand can play an even greater role in the formation of consumer loyalty.
What does that mean? In short if a customer associates a positive emotional connection to your brand, their loyalty to it runs deeper, making it that much harder for a competing brand to win over. If you can effectively build a positive emotional bridge between you and your customers, you can engender a symbiotic relationship that boosts CLV and grows your overall audience share. Understanding what brand attachment is and how to create it can be a major boon to your overall marketing strategy.
What is Brand Attachment?
You’ve probably heard of the terms brand engagement, brand development, and brand loyalty; but have you heard of brand attachment? And how does brand attachment differ from brand loyalty?
In a recent study published in Ad Age, brand attachment was defined as “the emotional connection between humans and brands.” Thus, just as people can be attached to a person, they can also – by and for a host of reasons – become attached to a brand.
Whereas brand loyalty may be somewhat superficial, brand attachment goes much deeper. According to the McKinsey Group, there are 3 components to creating brand attachment:
- Affection
- Connection
- Passion
So how do you develop these 3 emotional connections in your customers? Let’s look at a brand like Crocs, those rubber clogs that have become a staple in many a millennials wardrobe.
Crocs embraced what was different about them and ran with it. Yes, they weren’t the most empirically attractive shoes on earth. But they were practical, comfortable, durable, and most of all, colorful. Their willingness to celebrate what made them unique created interest and an affection in their customer base.
By living up to their brand promise that they were both comfortable and durable (Crocs offers a 2-year warranty on all their clogs), they let proved both their worth and their value to customers, which inspires connection.
Finally, the Crocs brand has a demonstrated commitment to sustainability. When some pundits raised concerns about the rubber products that Crocs used in their shoes, Crocs announced their plans to become Net Zero by 2030, meaning that none of their products would be made with carbon by the year 2030. They also announced their initiative to donate over 1 million pairs of shoes to countries in need by 2022. This commitment to global stewardship inspires real Passion in Crocs aficionados and demonstrates that Crocs knows their customer base.
A large portion of Crocs customer base is comprised of individuals who have a passion and commitment to a living a more sustainable lifestyle, and by echoing this commitment at a corporate level, Crocs becomes a brand that inspires true emotional attachment in their target audience.
When these three emotions are in play, it is highly likely that there is brand attachment. It may be an indirect influence on the brand, but it is a strong influence. More than brand loyalty, brand attachment almost becomes a part of you. Know more about Why brand attachment is more important than brand loyalty please visit our blog here : https://www.groupfio.com/beyond-customer-loyalty-building-emotional-attachment-to-your-brand/
The search engine services serve millions of internet users each day, seeking answers to their queries or for help with their problems.
SEO is very important because it maintains the search rankings of websites.
Quality content on a website improves search ranking.SEO services are not cheap, but the rewards are worth the investment.
Common themes that SEO services use include:Content is obviously extremely important.
Some of these factors include, but are not limited to, link building and optimizing your web pages.
Other factors include creating high quality content, creating keywords and titles, and creating inbound links.When you are optimizing your site, you should focus on providing unique and original content.
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When HR team recruit employees, they focus on several things to identify the best candidates for the job.
From company and cultural fit to how the experience will translate into a specific position and help elevate the business, HR has an important responsibility to hire the kind of employees who can and will work collaboratively and successfully towards the goals of their position and the mission of the business.
Businesses and HR teams are also smartly turning to performance management processes and tools to help them increase the effectiveness of their employee performance and maximize their contributions.
A better performance management system has been linked to better employee retention and companies reaching more of their business goals.Why is performance management important in accomplishing organizational goals?
This helps boost employee productivity and morale, as well as gives businesses a chance to continue to align how an employee’s contributions with overall business goals.The importance of performance management in accomplishing organization goalsHere are several ways that effective performance management can help businesses accomplish more of their organizational goals.Employees who are recognized and rewarded for their performance are more likely to be invested and engaged in their jobs and responsibilities.
For instance, if a finance professional knows that their job isn’t just to examine expense reports to prevent fraud and because that’s was required of the role, but also because greater fiduciary responsibility allows businesses to reinvest in technologies that could lead to business growth, promotions, and bonuses, that finance employee may be more motivated towards excellence in their role.Continued and ongoing performance management gives managers and supervisors an opportunity to regularly assess how an employee is being used within the business.
