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Brand Equity: What It Is, the Benefits, and How to Build It

InMoment XI

For example, if a customer is looking for a quick OTC pain reliever, they may turn to Tylenol over a drugstore generic alternative because they know the brand and trust it. That is the essence of brand equity. The better your brand equity, theoretically the better your company will perform in sales and public perception.

Brands 492
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Retail Reputation Management: Shop Strategies for Customer Retention

InMoment XI

Whether you are a local shop, regional staple, or nationwide brand, reputation management is one of the most important marketing strategies you need to master to ensure brand success. Almost all consumers, 95% to be exact, will read an online review before purchasing a product.

Retail 260
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7 Marketing Definitions According to the Marketing Pros

Oracle

Marketing is a widely recognized, yet often misunderstood word. People hear it, and immediately think they know what it is, but the actual marketing definition isn’t something that a group of people might easily agree upon. Here’s what they had to say: Marketing is promotion. Marketing builds influence.

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Financial Services Reputation Management: Secure Lifelong Customers

InMoment XI

Did you know that over half of financial services consumers say they have low trust in their provider? And, of those consumers, only 34% of them would recommend their brand to friends and family. Since finances are such a personal part of our lives, consumers in the industry are the most withholding of their trust.

Financial 260
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The Definition of Predictive Analytics in 2019

CloudCherry

Predictive analytics is a branch of business intelligence that takes customer data and behaviors from within your application, analyzes them, and produces predictions on future paths your customers might take or emotions they might feel towards your brand. Do women just dislike your brand? The New Definition of Predictive Analytics.

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User Feedback: Definition, Importance and How to Collect it

SurveySparrow

It includes opinions, thoughts, suggestions, and any reviews they have about your product, service, or brand. Importance of User Feedback Imagine you launch a product in the market. This helps a brand discover and segment its target audience and pain points. Brand Loyalty and Trust: Who doesn’t like to feel valued?

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Designing The Customer Experience for Marketers

CloudCherry

Gartner reports from 2018 that 52% of marketers with CX responsibility expect their budgets to remain the same or decrease. So how do Marketers that assume CX responsibility address this with less budget without giving up important technology needed for other aspects of Marketing? 23% of B2B CMO’s see CX as a top 3 objective.

Marketing 278