Brand reputation, a link in the CX value chain
Have you stopped to consider the power of your brand's reputation in today's world, where perceptions play a crucial role?
In this article, we dive into the fascinating link between brand reputation and customer experience (CX).
So, if you're an entrepreneur, CX professional or entrepreneur and you want to know more about how to build an unsurpassed brand reputation, this reading is for you.
What is brand reputation?
A brand's reputation is the perception that customers and the market in general have about your company. And this is built day by day, through every interaction, product or service you offer. But how does this relate to your brand promise?
Importance of brand promise in the relationship with customers
Your brand promise is the cornerstone of your reputation. This is because your brand promise is an implicit commitment that you establish with your customers, with which you guarantee them a specific experience.
This promise, if consistently fulfilled, creates a positive brand image and encourages customer loyalty. On the contrary, if it is not complied with, it affects you and can be a reason for the loss of customers.
In this regard, it's crucial to be aware that every customer touchpoint is an opportunity to reaffirm your brand promise.
From customer service to social media, every interaction should reflect the values and image that your company wants to project.
Brand promise
Let's talk more about the brand promise. This not only covers the products or services you offer, but also how you deliver them and how you interact with your customers and collaborators.
In addition, you should know that brand promise is an integral strategy that initiates the value chain, since it defines customer expectations and their general perception of your company.
Interactions
Now let's talk about interactions, another key element linked to brand reputation. This is because every interaction with the customer, whether direct or indirect, is an opportunity to demonstrate the value of your brand.
From the design of your website to the after-sales service, every point of contact must be aligned with the promise of your brand, as this will allow you to create memorable and positive experiences.
Now, you should know that interactions aren't just transactions; they're emotionally charged moments. And most importantly, you should be aware that these moments become memories that influence perception and opinions about your brand. Therefore, you should pay attention to those interactions that generate emotions in your customers.
Opinions and memories
Customer opinions, expressed through a variety of channels, are also critical to brand reputation.
And you should know that these not only generate significant memories, but they also contribute to feedback and the development of indicators such as the Net Promoter Score (NPS), an essential metric for evaluating your brand's reputation.
Reputation
And since we're talking about reputation, let's delve into this variable. Reputation reflects how well you're delivering on your brand promise and the quality of the customer experience. It's a determining factor in purchasing decisions and long-term loyalty. A strong reputation means higher revenues and sustainability for your business.
Gap Closing, Business Performance, and Monitoring
Finally, there are two other issues associated with brand reputation that you should consider. One is bridging gaps and business performance. The other is the monitoring of the value chain. Let's start with closing the gaps.
On this topic, what you should know is that it's vital to identify and close any gap between your brand promise and your reputation. And to do this, you must do constant analysis and adjustments to your CX strategy to ensure that you are meeting the expectations of your customers.
Finally, you should be aware that monitoring your value chain is crucial to understanding how each aspect of your business contributes to your brand's reputation.
The latest on brand reputation
In short, brand reputation is much more than a superficial perception; it's a reflection of how you deliver on your promise to customers at every step of their journey.
And as an entrepreneur or CX professional, you must aim to build and maintain a reputation that is synonymous with excellence, trust and value.
But don't worry, that with proper management, your brand's reputation will not only survive but will thrive, boosting the value chain of Customer Experience to new heights.
If you want to know more about how to build an unsurpassed brand reputation, don't hesitate to contact us. At Izo, we provide customer experience consulting services. In addition, we specialize in implementing technology to improve experience management.