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 Customer Engagement magazine free to club members


 
 

Customer Behaviour

Revealed: relationships between UK’s top ten brands and their customers

Direct marketing agency, Targetbase Claydon Heeley has announced the findings of an extensive Customer Engagement Survey.  The survey, undertaken through online research company CCB fast.MAP Ltd, explored the relationship between ten top UK brands and their customers – aiming to understand how customers value brands and the impact this has for the brand on their value as customers. 

Traditional marketing is changing and marketers need to find new ways to engage with their customers.  Today’s customers are more in control than ever before and for a brand to understand their customer, they need to understand the motivation behind the behaviour.  TBCH’s survey set out to prove that the more customers are understood by a brand, and therefore engaged with a brand, the more likely they are to repurchase and recommend to others.

Key findings include: 

  • The findings unearthed some new and thought provoking statistics, such as, on average, the brands in the survey are failing to engage with a staggering 77% of their customers.
  • The top three performing brands, Boots, M&S and Google, were those that scored highest for Customer Engagement – they all achieved top scores for different reasons.
  • Boots’ high score for the emotional engagement of “makes time to reward me” propelled it into the top three, however M&S achieved its top three spot by scoring highly for the emotional elements of “relates to me best” and “cares about more than just my money”. Google found itself in the top three by scoring highly for the rational engagement element “best at what they do”.
  • Boots finds itself in the top three performing brands because its score for the emotional element (“This brand makes time to reward me”) is 317.4% higher than the average score achieved by the nine other brands in the survey. In other words, they outperform the average score for all other brands, by excelling in one particular area. Conversely, Lloyds TSB scores little more than the average in most elements of engagement, and comes fifth with their engagement score.
  •  Interestingly, however, the survey highlighted that for customers, reward is about more than tactical promotions. Easyjet achieved the highest score for sending customers deals and offers at 73.6%, but only scored 8.8% for “makes time to reward me”. Boots, on the other hand, scored a lower 64.7% for sending customers deals and offers, but scored a high 45.4% for “makes time to reward me”.
  • MBNA achieved the lowest score for customer engagement in the survey. It scored the lowest for the rational engagement elements of “is best at what they do” and “represents good value”. It also showed the lowest score for the emotional elements of “show they understand me” and “relates to me best”.

 

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