Winning with Purpose 1.18.16

Who Are You?• People don’t develop loyalty to your business, they

develop loyalty to your brand.• Brand: the perception of your company

• Brand Loyalty is attained when your company promise and behaviors are aligned.

Companies With Strong Purpose Get More...

1.Customers2.Employees3.Strategic Partners4.Public Relations Benefits

Purpose = CustomersAccording to a study done by Google in 2014:

“Consumers choose the brands that engage them on their passions and interests 42% more often than they do those that simply urge them to buy the product being advertised. As a result, their path to purchase is actually their path to purpose.”

Purpose = Employees• Millennials joining the workforce are

more likely to choose a company with a strong sense of purpose and culture that aligns with that purpose, than a company whose pay is higher, but lacks strong purpose.

• Employees feel more important working for companies who proactively share their purpose. This leads to less sick days, better work performance, and less turnover.

Purpose = Strategic PartnersAs long as you are consistent in aligning the behavior of your business with your brand promise, you are able to connect with other

companies who share your purpose.

Common purpose = strong relationships = referrals

Purpose = Public Relations Benefits• Upholding your purpose, despite opportunity for short

term gains, boosts your brand’s reputation and affirms trust with your consumers, partners, and employees.

• Purpose creates brand differentiation and associates the purpose with your brand, even when your brand isn’t present.

• (Think Nordstrom’s lack of a written return policy!)

Take-A-Ways:1. Share your purpose where consumers are sharing

theirs.2. Connect purpose with purchase.

3. Emotional advertising isn’t enough anymore to influence purchasing habits.

4. Consumers are becoming more purpose driven, and want to feel good about what they’re buying and

what the company is doing to give back.

There’s A Lot More Where That Came From...For the latest business tips, trends, and quality insight from experience, make sure to get connected with us:

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