Digital Brand Romance: How to Create Lasting Relationships in a Digital World
()
About this ebook
In Digital Brand Romance, you will learn the proprietary six-step ADORE Process that has helped brands worldwide consistently achieve conversion rates above 20%.
Tomorrow arrived, and all great relationships now begin online – including the ones between your future customer and your brand.
Whether you are selling shoes, software or spaceship parts, the romance begins and evolves in a digital world. While over 80% of businesses think they provide excellent customer experiences – only 8% of customers agree. The reality is that the state of modern, digital brand relationships is quite dysfunctional: an average conversion rate of 3% means that 97% of engagements with your brand fail. Not only does this inefficiency chew up marketing budget, but it also taints future engagements with your brand.
In Digital Brand Romance, you will learn the proprietary six-step ADORE Process that has helped brands worldwide consistently achieve conversion rates above 20%. The ADORE Process is used by some of the most innovative scale-ups, fast growth exporters and leading brands to consistently sell more, more often. Each step of the ADORE Process aligns with one of the key moments of influence in the digital relationship with your brand. Understanding the forces that drive each moment will allow you to identify signs of relationship breakdown; common causes of issues and how to resolve them; and which metrics to track to measure progress. You will also learn how to apply the process to conduct regular digital relationship audits, removing your reliance on luck in the future success of your brand.
Digital Brand Romance is highly practical and offers tactical, helpful advice to apply in your business immediately.
Anna Harrison
Dr Anna Harrison is a top ranked Digital Technology Advisor, Product Expert and Author. Anna’s work has helped New Zealand’s best exporting and emerging brands create strategic and measurable plans to accelerate growth in new markets. Supported by successes across Europe, Asia and the USA, Anna’s work will help you remove your reliance on luck in the future success of your brand.
Related to Digital Brand Romance
Related ebooks
Digital Marketing: 7 Easy Steps to Master PPC Advertising, Affiliate Marketing, Email Marketing & Online Retargeting Rating: 0 out of 5 stars0 ratingsHow To Become A Digital Marketing Hero Rating: 0 out of 5 stars0 ratingsThe Marketer's Playbook: The CMO's Guide to Modern Marketing Rating: 0 out of 5 stars0 ratingsNavigating the Landscape of B2B Marketing Rating: 0 out of 5 stars0 ratingsThe Digital Goldmine: What Every Business Needs to Know About Increasing Sales and Building Engagement Online Rating: 0 out of 5 stars0 ratingsDigital Marketing: Strategies for Online Success Rating: 3 out of 5 stars3/5Digital Marketing in Simple Words Rating: 0 out of 5 stars0 ratingsDISCOVERED: Dominate Online and Voice Search without Wasting Time or Money Rating: 0 out of 5 stars0 ratingsDigital Context 2.0: Seven Lessons in Business Strategy, Consumer Behavior, and the Internet of Things Rating: 0 out of 5 stars0 ratingsUnderstanding Digital Marketing: Strategies for online success Rating: 0 out of 5 stars0 ratingsRight on the Money: New Principles for Bold Growth Rating: 0 out of 5 stars0 ratingsBuild It And They Won't Come: Unless you use these simple strategies & take control of your marketing Rating: 0 out of 5 stars0 ratingsEmpathy & Arrogance: The Paradox of Digital Products Rating: 0 out of 5 stars0 ratingsBuilding Your Digital Utopia: How to Create Digital Brand Experiences That Systematically Accelerate Grow Rating: 0 out of 5 stars0 ratingsMy Life as a Digital Transformation Leader Rating: 0 out of 5 stars0 ratingsContent Marketing for Technical and Manufacturing Companies Rating: 1 out of 5 stars1/5A Guide to Growing Your Business Rating: 0 out of 5 stars0 ratingsBe The 5: Digital confidence: a simple process for digital success Rating: 0 out of 5 stars0 ratingsThe Intuitive Marketer: Timeless marketing principles to create and build successful businesses Rating: 0 out of 5 stars0 ratingsEarn a Million Plus: The Little Known High-Income Occupation of Media Buyer Rating: 0 out of 5 stars0 ratingsComplexity Avalanche: Overcoming the Threat to Technology Adoption Rating: 0 out of 5 stars0 ratingsSales Growth: Five Proven Strategies from the World's Sales Leaders Rating: 0 out of 5 stars0 ratingsWant To Learn Digital Advertising? Read This Book Rating: 0 out of 5 stars0 ratingsDigital Marketing in the Zone: The Ultimate System for Digital Marketing Success Rating: 5 out of 5 stars5/5Viral Marketing: 3-in-1 Guide to Master Traffic Generation, Viral Advertising, Memes & Viral Content Marketing Rating: 0 out of 5 stars0 ratingsFrom Grass Roots to YouTubers: A Field Guide To Growing Your Small Business Online Rating: 0 out of 5 stars0 ratingsMarketing for Tomorrow, Not Yesterday Rating: 0 out of 5 stars0 ratings
E-Commerce For You
Starting an Etsy Business For Dummies Rating: 5 out of 5 stars5/5The Digital Product Success Plan: Building Passive Income on Etsy (and Beyond!) Rating: 4 out of 5 stars4/5Digital Product Blueprint - Step By Step Guide To Create And Sell Profitable Digital Products Online Rating: 4 out of 5 stars4/5How I Made My First $1000 on Etsy (With No Social Media Following and No Money to Spend on Advertising Rating: 5 out of 5 stars5/5Chat-GPT Income Ideas: Pioneering Monetization Concepts Utilizing Conversational AI for Profitable Ventures Rating: 4 out of 5 stars4/5Passive Income: Step By Step Guide On How To Create Passive Income And Live Your Dreams (Make Money Online) Rating: 5 out of 5 stars5/5Influencer: Building Your Personal Brand in the Age of Social Media Rating: 4 out of 5 stars4/5The Digital Marketing Handbook: A Step-By-Step Guide to Creating Websites That Sell Rating: 5 out of 5 stars5/5Passive Income Streams: Home Business Ideas for You to Make Money Online Rating: 5 out of 5 stars5/52022 Best Ways To Make Money Online Rating: 4 out of 5 stars4/5Super Simple POD: An A-to-Z Guide to Print on Demand Success Rating: 5 out of 5 stars5/5The Passive Income Cheat Sheet Rating: 4 out of 5 stars4/5Options Trading QuickStart Guide: The Simplified Beginner's Guide to Options Trading Rating: 4 out of 5 stars4/5The Psychology of Selling: Increase Your Sales Faster and Easier Than You Ever Thought Possible Rating: 4 out of 5 stars4/5Sewing to Sell: How To Sell Locally & Online; The Beginner's Guide to Starting a Craft Business Rating: 5 out of 5 stars5/5The Beginner's Affiliate Marketing Blueprint Rating: 4 out of 5 stars4/5The YouTube Formula: How Anyone Can Unlock the Algorithm to Drive Views, Build an Audience, and Grow Revenue Rating: 4 out of 5 stars4/5Crushing It!: How Great Entrepreneurs Build Their Business and Influence—and How You Can, Too Rating: 4 out of 5 stars4/5Working Backwards: Insights, Stories, and Secrets from Inside Amazon Rating: 4 out of 5 stars4/5Jab, Jab, Jab, Right Hook: How to Tell Your Story in a Noisy Social World Rating: 5 out of 5 stars5/5
Reviews for Digital Brand Romance
0 ratings0 reviews
Book preview
Digital Brand Romance - Anna Harrison
PART I
Webonomics, or the Forces That DetermineHow We Buy
In 1996, Schwartz, a technology writer and former editor of Business-Week, coined the term Webonomics: the study of the production, distribution, and consumption of goods, services, and ideas over the World Wide Web
(Schwartz 1997). Back then, the Internet was astonishingly inhabited by tens of millions
of users around the world, and we used charming phrases like World Wide Web
when talking about the new revolution slowly emerging around us. From his prescient vantage point at the beginning of the Internet, Schwartz foretold nine principles that would be critical to business success in the new economic arena. Of the tenets he defined, his recognition that the resource of scarcity in the new economy would be the ability to command and sustain that attention
was the most prophetic. That he never imagined more than tens of millions of users ever engaging in this economy makes his observation that much more visionary.
Fast forward to today: 4.66 billion active daily users; 100 percent penetration in the under 29-year-old category; even your grandmother has 4.6 social media accounts. The attention economy
has its own Wikipedia page, and tens of millions of people have watched TED talks on this topic alone. The battle that is being fought every minute of every day in this digital arena is the desire to be seen and loved by the millions of eyeballs walking past each website on Internet Street (Lecinski 2011). And the consumers are winning the fight.
Consumers are in the driver’s seat, deciding at scale what the destiny of each brand will be. They are in the process of turning business to consumer (B2C) commerce into consumer to business (C2B). We simply have not noticed the full extent of it yet. Consumers have access to all the information inside their phones. They have adapted and become more sophisticated, easily thwarting sellers’ efforts with tabs closed and forgotten at impressive speeds. In the United States, the average citizen is exposed to upwards of 4,000 brands each day. Think about that—4,000 sellers vying for you to choose them from the moment you open your eyes.
Consumers have become experts at ignoring long-standing methods of being sold to. In 2020, 47 percent of consumers were using adblockers, costing U.S. businesses $12.12 billion in lost revenue. In 2021, Apple announced that they would turn off tracking cookies, small data files used to identify site visitors, at the operating system level. The significance of this decision is enormous, as cookies are one of the primary techniques that companies such as Facebook use to follow individuals’ online habits when they click around on the Web. Cookies are the reason you keep seeing ads for black turtlenecks, interior design tips and new jobs on every website you visit.
The data stored in the cookies helps advertisers target specific audiences, an activity they pay a premium for. Turning off cookies by default or giving users greater agency over whether they accept cookies or not, has the potential to wipe out significant advertising revenue for companies like Facebook—and significantly change the strategies that sellers can rely on to become seen.
Conning the customer won’t work. The whole language of branding dissolves in the new media. The logic behind brand differentiation disappears. The new generation of consumers are more sophisticated. Consumers see right through what advertisers are manipulating them into doing. Most people in advertising don’t understand that. Advertisers have been getting away with murder.
—Evan Schwartz, Webonomics (1997)
To succeed in business today, it is not enough to provide an outstanding experience. It is not enough to have a cracking marketing team that shepherds significant quantities of site visitors to your website on the promise of 2.35 percent conversion rates. It is not enough to provide efficient transactional encounters, even if you do know the customer’s name and basic demographics. To succeed today and well into tomorrow, you need to create conditions that will foster lasting relationships with your customers in a digital space. This book will show you exactly how to do that in Part II. In this section, we look at the building blocks of lasting buyer brand relationships—the timeless forces that influence how we buy, how we make decisions, and how we form relationships.
The Future Is Not Random
It’s easy to get confused when thinking about the future. It is a time that has not happened yet, and so, we mistakenly believe, is unpredictable. We forget that the future is a consequence of what is here today, and what is here today is known to us already. In The Imagination Challenge, Alexander Manu posits that we can make a reasonable prediction about tomorrow by examining the knowns of today (Manu 2007). The strategy described in the book, used by Manu to de-risk the future state for Fortune 500 companies like Disney, LEGO, and Motorola, is based on the idea of looking at signals.
Some of these signals are fast-moving, such as emerging technologies, while other signals are slow-moving, such as human behaviors. If we understand the mechanics of the slow-moving signals, the ones that impact how we make buying decisions and form relationships, we can not only optimize the digital brand space for today but have confidence that foundational parts will continue to be relevant and effective into the future.
Brand Monogamy, Temporary Fling, or Polyamorous Free for All
Every generation has its own characteristics, shaped by its exposure to world events, trends, technologies, and even diseases. The way we experience life affects our core values, and with that, shapes our attitudes toward how we buy, what elements of the purchase we prioritize, and what or whom we are loyal to (Ordun 2015). Our grandparents were likely loyal to a brand for life: once you chose Tide, you stayed with Tide. You probably have a different set of criteria for choosing washing powder, and ultimately, all the brands you choose to spend your dollars