The Power of Loyalty Marketing

Branding, Direct Marketing, Marketing
Every shopper likes to belong, to feel like an insider, to get a good deal that can’t be had anywhere else. At least, those are the cravings that retailers are counting on – and playing to – by asking their customers to use so-called loyalty cards, those small pieces of plastic so many of us have been conditioned like sheep to carry around in our wallets or on our key chains. I don’t know about you, but I have a handful of them, three for groceries alone (Stop & Shop, Shaw’s and Price Chopper), one for books (Barnes & Noble) and one for, well, this and that (CVS/Pharmacy). And while I sometimes feel like I’m being subjected to undue scrutiny when asked to produce one of these cards at the…
Read More

The Law of the Name

Branding, Miscellaneous
Tuesday, June 22, 2004 – On page 73 of their incredibly insightful book, The 22 Immutable Laws of Branding, celebrated marketing strategists Al Ries and his daughter, Laura Ries, couldn’t be more succinct -- and sagacious -- in writing that “the most important branding decision you will ever make is what to name your product or service. Because in the long run a brand is nothing more than a name.” Of course, it takes much more than just a catchy name to succeed in business, but the Ries’ point is well taken. And they do expound on this law, reminding their readers not to “confuse what makes a brand successful in the short term with what makes a brand successful in the long term. In the short term, a brand…
Read More