Wednesday, January 7, 2015

Safeguard Brand Value

Protect Brand Value


Your company's brand value is your company's reputation. Many factors help to determine your brand value. Customer opinion and confidence in your company, product quality and consistency, employee attitude and dedication to complete satisfaction are all important. In some cases, you must correct past errors and rebuild your brand value while you protect what is left.


Instructions


1. Insist on high-quality customer service. Rude employees can ruin a customer's opinion of even the best company. Positive customer relations are the main way to ensure that you protect your brand value.


2. Keep your brand consistent. Even the most popular and best brands change slightly over time. Aim to keep your products as consistent as possible as long as your target market is pleased with the products.


3. Sell only top-quality products or services. This is what will set your company apart from discount or substandard companies. Your customers should be confident that when they do business with you, they will always get top-quality products. Companies often sell damaged goods at discounted rates. This usually lessens the brand value in the future.


4. Offer improvements when they will help the customer. Sometimes, a new upgrade becomes available that will benefit the customer. This is the only time that your product should change. You should inform the customers in advance of the change.


5. Listen to customer opinion. Your customer's opinion is the only way that you will know what needs improvement. Accept your customer's opinion as constructive criticism and try to determine if others share their opinion.