Podcast
Questions and Answers
What is a primary focus of the retention phase after a customer makes a purchase?
What is a primary focus of the retention phase after a customer makes a purchase?
- Immediate customer feedback
- Increasing advertising frequency
- Building a long-term relationship (correct)
- Offering discounts on future purchases
Which of the following is NOT a goal or KPI during the purchase phase?
Which of the following is NOT a goal or KPI during the purchase phase?
- Customer feedback (correct)
- Downloads
- Scheduled meetings
- Sales
What is an effective strategy for retaining customers after a sale?
What is an effective strategy for retaining customers after a sale?
- Reducing product variety
- Ignoring customer inquiries
- Increasing product prices
- Sending personalized follow-up emails (correct)
Which of the following actions contributes to a strong customer retention strategy?
Which of the following actions contributes to a strong customer retention strategy?
How can personalization enhance customer retention?
How can personalization enhance customer retention?
Which of these is an example of maintaining customer engagement after a purchase?
Which of these is an example of maintaining customer engagement after a purchase?
What is an example of building a sense of community among customers?
What is an example of building a sense of community among customers?
What outcome is likely achieved by creating value for customers?
What outcome is likely achieved by creating value for customers?
Which of the following terms is synonymous with the purchase phase?
Which of the following terms is synonymous with the purchase phase?
What critical step is involved in the purchase decision process?
What critical step is involved in the purchase decision process?
Which of the following could be considered a pain point for customers in the purchase phase?
Which of the following could be considered a pain point for customers in the purchase phase?
What tactic can businesses use to enhance customer purchases compared to competitors?
What tactic can businesses use to enhance customer purchases compared to competitors?
What does 'friction' refer to in the context of the purchase phase?
What does 'friction' refer to in the context of the purchase phase?
Which of the following actions is recommended to improve the instore experience in the purchase phase?
Which of the following actions is recommended to improve the instore experience in the purchase phase?
Which option describes an important aspect of the purchase phase?
Which option describes an important aspect of the purchase phase?
What role does availability play in the purchase phase?
What role does availability play in the purchase phase?
What is a key aspect customers consider during the consideration phase?
What is a key aspect customers consider during the consideration phase?
In the context of creating awareness, what is one of the mentioned scenarios?
In the context of creating awareness, what is one of the mentioned scenarios?
What do customers primarily seek during their research in the consideration phase?
What do customers primarily seek during their research in the consideration phase?
What is a common sign that someone needs a new mattress?
What is a common sign that someone needs a new mattress?
What does the awareness phase primarily focus on?
What does the awareness phase primarily focus on?
What can be considered a green flag when choosing a mattress?
What can be considered a green flag when choosing a mattress?
Which option could belong to the context of creating brand awareness in an existing market?
Which option could belong to the context of creating brand awareness in an existing market?
What are customers primarily doing when they move from the awareness stage to the consideration stage?
What are customers primarily doing when they move from the awareness stage to the consideration stage?
What is the primary goal when developing a buyer persona for a new student?
What is the primary goal when developing a buyer persona for a new student?
At which stage of the customer journey are clients aware that they have a problem but do not yet know the solutions available?
At which stage of the customer journey are clients aware that they have a problem but do not yet know the solutions available?
Which IMC strategy would be most effective for increasing brand visibility among prospective students?
Which IMC strategy would be most effective for increasing brand visibility among prospective students?
What should be prioritized in advocacy strategies during the customer journey?
What should be prioritized in advocacy strategies during the customer journey?
What is a key distinction between multichannel and omnichannel marketing?
What is a key distinction between multichannel and omnichannel marketing?
What is the most awareness stage in the customer journey?
What is the most awareness stage in the customer journey?
How can touchpoints improve the effectiveness of a brand's visual identity?
How can touchpoints improve the effectiveness of a brand's visual identity?
Which strategy should not be included in the retention phase of the customer journey?
Which strategy should not be included in the retention phase of the customer journey?
Which of the following is NOT considered a method of direct marketing?
Which of the following is NOT considered a method of direct marketing?
What is the primary goal of the advocacy stage in the customer journey?
What is the primary goal of the advocacy stage in the customer journey?
Which tactic is commonly used to encourage advocacy among customers?
Which tactic is commonly used to encourage advocacy among customers?
What type of data is essential for effective direct marketing?
What type of data is essential for effective direct marketing?
How can a brand facilitate word-of-mouth marketing?
How can a brand facilitate word-of-mouth marketing?
Which communication method is considered a form of direct marketing?
Which communication method is considered a form of direct marketing?
What role do testimonials and user-generated content play during the advocacy phase?
What role do testimonials and user-generated content play during the advocacy phase?
What is considered a challenge in achieving customer advocacy?
What is considered a challenge in achieving customer advocacy?
Flashcards
Consideration Stage
Consideration Stage
The stage where customers are aware of a problem and are actively searching for relevant information and solutions.
The Importance of Providing Information During Consideration
The Importance of Providing Information During Consideration
This stage focuses on providing customers with clear and compelling information about the benefits and value of your product or service.
Exploring Different Angles
Exploring Different Angles
This stage involves customers exploring different angles and approaches to address their needs or problems.
Understanding Benefits and Impact
Understanding Benefits and Impact
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Shifting from Awareness to Resolution
Shifting from Awareness to Resolution
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The Bridge Between Awareness and Purchase
The Bridge Between Awareness and Purchase
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Information for Decision Making
Information for Decision Making
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Educating Customers
Educating Customers
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Direct Marketing
Direct Marketing
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Customer Advocacy
Customer Advocacy
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Referral Programs
Referral Programs
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User-Generated Content (UGC)
User-Generated Content (UGC)
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Community Building
Community Building
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Purchase Phase
Purchase Phase
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Problem Solving
Problem Solving
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Pain Point
Pain Point
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Presence
Presence
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Special Offers
Special Offers
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Frictionless Experience
Frictionless Experience
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Payment Methods
Payment Methods
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Repeat Buying
Repeat Buying
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Buyer Persona
Buyer Persona
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Customer Journey
Customer Journey
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Touch Points
Touch Points
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Visual Identity
Visual Identity
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Awareness
Awareness
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Consideration
Consideration
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Purchase
Purchase
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Retention
Retention
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Purchase Phase Goals/KPIs
Purchase Phase Goals/KPIs
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Customer Retention
Customer Retention
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Excellent Customer Service
Excellent Customer Service
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Personalized Customer Experience
Personalized Customer Experience
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Building Trust
Building Trust
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Customer Feedback Loop
Customer Feedback Loop
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Study Notes
Integrated Marcom Strategies
- Integrated marketing communications (IMC) strategies are used to identify and discuss the effectiveness of IMC tools at Hanze.
- A buyer persona is developed for a new student.
- Hanze touchpoints and their effectiveness for the persona are identified.
Planning
- Integrated marketing strategies are used to plan marketing strategies.
- The buyer persona is developed to understand the needs of a new student.
- Customer touchpoints are identified and analyzed for effectiveness.
- The customer journey (awareness, consideration, purchase, retention, and advocacy) is mapped for Hanze.
- Strategies for awareness, consideration, and purchase, retention, and advocacy, are created for the Hanze student customer journey.
- The strategies for acquisition, retention, and advocacy involve creating a seamless customer experience.
Recap
- A recap of the previous material covered.
5 Stages of Awareness
- The five stages of awareness are: unaware, problem aware, solution aware, product aware, and most aware.
- Clients don't realize they have a problem in the unaware stage.
- At the problem aware stage, clients know something is wrong but don't know the solution.
- Solution-aware clients know existing products or services, but don't know why one solution is better than another.
- During the product aware stage, customers compare solutions from different providers.
- At the most aware stage, clients are ready for the next stage of the customer journey.
- The different stages have practical examples.
Good to know
- The scope of the awareness stage depends on the business context and how it is presented.
- The differing types of awareness include addressing societal issues, groundbreaking innovation, new brands in an existing market, a new product line for an existing brand, and ensuring consistent marketing presence through methods like rebranding.
Consideration
- The need or problem is clearly defined.
- Customers extend research to different approaches for solving the problem.
- Customers are receptive to information to help make the best decision.
- They focus on understanding benefits to each option.
- Customers understand their problem (awareness stage) and explore different solutions (consideration stage).
The Customer Journey: Purchase, Retention & Advocacy
- The customer journey continues after purchase to building long term relationships.
Digital and Physical Touchpoints
- A diagram shows various digital and physical touchpoints, along with the stages of awareness, consideration, purchase, retention, and advocacy, and how they can be connected.
- Various methods of communication include paid content, search data, online display, word of mouth, PR (public relations), radio, television, print material, direct email, social media, mobile applications, third-party apps, stores and branches.
- Interactions can lead to offering services, community engagement, loyalty programs, surveys, emails, and other digital/physical methods.
Synonyms for the Purchase Phase
- Action, decision, conversion, and acquisition are synonyms for the purchase phase.
Problem Solving
- Prospects often choose a strategy to solve a problem.
- They typically research suppliers/providers and compare options before making purchasing decisions.
- Service providers should understand the customer's problem to effectively provide support.
Pain Points for Kruidvat in the Purchase Phase
- Online options are needed for customer purchases when the company does not have an online store.
- The company should be available in online mapping and review platforms.
- There should be access to the company's services on weekends and holidays, or similar events.
Tactics I
- Be there when customers need you.
- Aligning with the marketing mix.
- Having an online store.
- Making the business available on Google Maps and similar platforms.
- Having services available during weekend/holiday hours
Tactics II
- Create special offers to promote customers to buy at your business instead of competitors.
- Targeted offers and discounts
- Subscription benefits
- Providing extra service
- Free extras (premiums)
- Free trials
Tactics III
- Make doing business efficient.
- Provide the demanded payment methods
- Repeat buying opportunities
- Functional website
- In-store experience
- Parking
Type of Content
- Price-driven and call to action driven content.
- Urgency in content.
Goals/KPIs
- Sales, leads, downloads, bookings, scheduled meetings, demo/trial requests, store visits, and specific actions are essential goals and KPIs during the purchase phase of a customer journey.
Advocacy
- Encouraging customers to become brand advocates is the final stage of the customer journey.
- This involves getting positive reviews, recommending the brand to others, and generating word-of-mouth marketing.
- Brand advocates are encouraged to give feedback and reviews.
Tactics for Advocacy
- Referral and reward programs
- Reviews, testimonials, and user-generated content
- Social media content sharing
- Building a strong community around the brand
Referral and Reward Programs
- Example of a referral program (Dropbox).
Community Building
- Examples of community building include company websites, online forums, and social media groups.
Word-of-Mouth
- Word-of-mouth is the most powerful form of marketing.
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