How to build trust in business is an important strategy to consider as it helps companies build bridges with the right customers and grows business while helping the right buyers.
In these three podcast episodes, we discussed the following:
- The importance of brand trust
- What role does content play in building trust?
- The use of reception marketing
The importance of brand trust
It’s hard to argue that the importance of brand trust is not essential. And sure, some brands make a ton of cash in the short-term without building trust, but with the increased competition in many industries, building trust as a brand is more important than ever.
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That’s what author and marketing expert Melanie Deziel and I discussed on this episode of “The Business Storytelling Show.” We covered:
- What is brand trust?
- The importance of brand trust
- How do brands build trust?
- What about keeping trust?
The importance of brand trust: What is brand trust?
Brand trust means that customers see the brand as a believable partner. Yes, the brand needs to and wants to make money, but the customer trusts it. The customer sees the brand as:
- doing what’s best for them
- making good decisions that keep the customer top of mind
- offering something of value
Building and keeping brand trust helps companies build relationships with their customers for the long term. But, of course, trust is earned.
The good news is that companies – including marketing teams – can prioritize and continuously work on brand trust. That includes:
- content that consumers see about your brand – everything from email marketing to advertising to blog posts
- the decision-making process – how easy (or hard) is buying from you?
- every touch point with the brand, including customer service, the digital experience, and everything in-between
The role of content to build trust in business
Quality, valuable, and relevant content plays a tremendous role in helping companies build trust. Ashley Guttuso – marketer, strategist, and trust builder – joins me on this live “The Business Storytelling Show” recording to discuss how content builds trust.
The use of reception marketing
RJ Licata, senior marketing director at Terakeet, joined me on this live recording of “The Business Storytelling Show” to give us the scoop. You can listen to the podcast version here.
Specifically, we discussed the following:
- What is reception marketing?
- How can companies use it to build trust?
- What steps must be taken to start reception marketing and maintain the strategy?
- And more…
What I appreciated about this discussion is the fact that reception marketing focuses on the consumer. Are they even ready to hear from you? Do they even want to? What message is best for them at this current juncture? Too much marketing is me-me-me focused. It’s about how great and awesome the company is. How the latest feature is going to save the world, etc etc.
And it’s understandable to a degree. Companies are invested in what they are doing. They should feel proud about improving their product or a new offering. But the power of those improvements comes in when they work for the consumer. It’s about when we let them know about them at a time that is good for them.
That can be easier said than done. I know. We work on what we work on, and that’s the centerpiece of our focus. But what really should be the focus is how our actions are relevant to the consumer. Just take this article. I hope it reminds some of us marketers out there about the importance of:
- understanding our consumers
- knowing when and how to reach them
- being helpful and not so pushy
- understanding how the timing of messages matter
Building trust in business is essential to consider and implement authentically and in a way that drives value to the company and consumer.