September 1, 2006, Newsletter Issue #73: Brand Loyalty

Tip of the Week

New entrepreneurs may aim to develop brand loyalty first and it is no wonder why it is important. By definition, brand loyalty starts with attracting your younger customers. You get them used to your brand and even comfortable with it. It is in the home that they will continue to use the brand throughout their life. In this essence, their children or extended families may also use the brand, ensuring growth for your company.

With so many products to choose from, it does become harder to develop your brand, but with perseverance and consistency in your product, customers will remember that and will come back to you when they think of your product. For example, not everyone may purchase the same soda when they go shopping but many tend to develop habits and will choose between a set of brands. You want your customer to be comfortable letting you in on their habits.

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