Promoting your business can require a significant investment. Media and creative fees will add up over a sustained advertising campaign. Good PR doesn’t come cheap either. And a decent direct marketing campaign – well, that’s going to require more than shirt buttons. So social media can seem like a bargain. After all, some people will even tell you social media is free....
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Brand loyalty is great. It’s what most businesses strive to achieve. You want customers to come back time and time again. After all, you’ve spent money convincing them to buy what you sell so you need to maximise their lifetime value. But is it enough? In short, no. Why? Because people can be loyal for the ‘wrong’ reasons. For example, if you look at my ketchup bu...
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