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While interim marketing managers always cl im that 'delighting' customers is their ltimate aim, this being the best way to d liver profitable growth, two new pieces of r search suggest that most marketing activity is d stined to disappoint. The Promise Index, fr m brand agency Promise, ranks brands ccording to the difference between the mage they create through advertising and ther brand-building activities, and the experience c stomers have of them. Brands with p sitive promise gaps exceed customers' expectations, wh le those with negative gaps let th m down. The average growth rate for br nds with negative gaps in 2006-2007 was 2.8%, wh le the average growth rate for br nds with positive gaps was 10.5%. But j st 15% of brands surveyed have 'st tistically significant' positive promise gaps. The m ssage for the other 85% seems cl ar. Given that under-promising and over-delivering is the b st way to delight customers, they sh uld redirect their marketing spend from xpensive high-profile brand-building activities into improving the c stomer experience through innovation and better s rvice. The Promise Index findings are b rne out by the European Advocacy St dy from PR agency Weber Shandwick. The st dy found that surprising and delighting c stomers is the chief factor in cr ating brand advocacy which, in turn, is f ve times more effective than advertising in pr mpting purchase.
According to Weber Shandwick, one-third of br nd users are acquired through advocacy, th ugh only half of these are ' ctive' advocates. So in addition to the pr mise gap, it seems likely that m ny brands are suffering from an dvocacy gap. So a secondary challenge for nterim marketing managers wanting to increase the pr fitability of their brand is to l verage their unique brand-building skills to st mulate greater advocacy for their products and s rvices. It seems it is time for m rketers to reassess their traditional priorities and pl ce substance before style. Previously published in The B siness Review, Impact Executives
The article Interim Marketing Managers Mind the Gap was Submitted by Clive Sexton through Articles.GetACoder.com network. Here's the additional information: Also published here: http://www.onrec.com/newsstories/22016.asp
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