Binge Worthy Branding: Build Customer Loyalty Using AI and Personalization Like Amazon, Netflix, and Starbucks
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Binge Worthy Branding - Sterling McKinley
BINGE WORTHY BRANDING
Build Customer Loyalty
Using AI and Personalization
Like Amazon, Netflix, and Starbucks
STERLING McKINLEY
Stratford Publishing Group
3171 S 129th East Ave, Suite A PMB 2001
Tulsa, Oklahoma 74134
© 2020 Sterling McKinley
All rights reserved. No part of this book may be reproduced or transmitted in any form or by any means, electronic or mechanical, including photocopying, recording, or by any information storage or retrieval system, without permission in writing from the author.
For booking and media inquiries,
contact Sterling McKinley at sterlingmckinley.com
ISBNs
Paperback 978-0-578-64358-8
Ebook 978-0-578-68270-9
Cover Design: Marshall Fox, 120 Design Studio
Photography: Justin Ross, Ross Multimedia Group, LLC
DEDICATION
This book is dedicated to my father
Wilbert Sterling McKinley, Jr.
You are my hero.
Thank you for teaching me to
Think Big, Dream Big, and Build Big.
Table of Contents
INTRODUCTION
What Makes A Binge Worthy Brand?
What Is Artificial Intelligence?
How To Use AI
Why You Cannot Ignore AI
The Personalization Economy
Be Like Chick-Fil-A
Breaking Bad Habits
Don’t Fear The Terminator
Who Killed Blockbuster?
Best Friends Forever
Say Hello To The New Hire
Invite AI Into The C-Suite
Making The Invisible Visible
Set It But Do Not Forget It
The End Of Campaigns
NETFLIX
93% Match
Spoiler Alert
One Size Doesn't Fit All
Right Place, Right Time
STARBUCKS
Pumpkin Spice Latte
Starbucks Rewards
Net Promoter Score
Promoters
Detractors
Passives
AMAZON
Hiding Packages
Alexa, Can You Hear Me?
The Chatter About Chatbots
Prime Daze
HOW I BECAME A BINGE WORTHY BRAND
ABOUT THE AUTHOR
Bonus: Binge Worthy Branding Companion Course
INTRODUCTION
Customers are like kids: They’re always growing.
Your branding should grow with them too.
T
his book is intended as an introduction to a new era of branding that I like to call Binge Worthy Branding™.
Rather than teach specific tactics or offer a step-by-step technical guide, I want to prepare you for the ever-expanding expectations of your customers.
Binge Worthy Branding explains how you create a brand that attracts a cult-like following and unflinching customer loyalty.
Binge worthy brands like Amazon®, Netflix®, and Starbucks® have one thing in common: They use artificial intelligence (AI) to keep you binge-watching and shopping. They are customer-focused, and they make it easy to do business with them.
I liken this time to the pre-iPhone era when Samsung dominated the mobile phone market. Then in an instant, Apple released the iPhone filled with apps and destroyed the competition.
Your brand doesn’t have long before a similar shift takes place that causes a massive shift in your customer’s behavior. They will no longer settle for a slow, unresponsive, mass-produced brand. They will seek out brands that treat them like a caring friend, not like a number.
Traditional branding is dead.
The current business landscape seems to be obsessed with acquiring new customers. Can you blame them? New customers are sexy and signal growth. However, no one is addressing the elephant in the room: Customer loyalty is declining.
The conversation needs to shift to how to retain customers. Forty-six percent of customers are more likely to try new brands than they were five years ago. Despite these trends, brands are making few adjustments to their branding strategies. The implications of not rethinking branding toward building loyal customers are alarming. Continuously investing money into brand efforts that do little to build brand loyalty needs to stop.
WHAT MAKES A BINGE WORTHY BRAND?
A brand is not a logo or a flashy commercial.
A
brand exists only in the minds of your customers. A brand is the total of all the impressions a customer has had