{"id":114771,"date":"2024-02-01T18:40:32","date_gmt":"2024-02-01T17:40:32","guid":{"rendered":"https:\/\/brand24.com\/blog\/?p=114771"},"modified":"2025-12-15T18:45:22","modified_gmt":"2025-12-15T17:45:22","slug":"how-building-brand-loyalty-will-increase-your-revenue","status":"publish","type":"post","link":"https:\/\/brand24.com\/blog\/how-building-brand-loyalty-will-increase-your-revenue\/","title":{"rendered":"Building Brand Loyalty: 10 Proven Strategies for Revenue Boosts"},"content":{"rendered":"\n

Did you know that 77% of consumers return to the same brands over and over again? What’s more, 37% of them identify as brand loyalists. Meaning that they will stay with a particular brand, even if offered a better product by competition. Brand loyalty is a powerful asset. Learn how to obtain it.<\/p>\n\n\n\n

The simple truth is that brand loyalty will bring profit to your business. Repeat customers usually spend more money, make frequent purchases, and are cheaper to market to.<\/p>\n\n\n\n

The best thing about brand loyalty?<\/p>\n\n\n\n

You can count on your customers. They will keep buying your product and tell their family and friends about it. The word-of-mouth<\/a> is the best form of marketing.<\/p>\n\n\n\n

According to the Pareto Principle, 80% of your company’s future revenue will come from 20% of your current customer base. Creating that base is one of the key activities for your business success.<\/p>\n\n\n\n

How to build brand loyalty?<\/strong><\/h2>\n\n\n\n

Brand loyalty and customer satisfaction are interlinked. That’s straightforward \u2013 you can’t have loyal customers if they’re unhappy with your product.<\/p>\n\n\n\n

Why do your customers choose your product? Who is your ideal customer? How are you better than your competitors?<\/p>\n\n\n\n

These are all questions that will steer you in the right direction.<\/p>\n\n\n\n

After this quick brainstorming, dive into 10 ways to build brand loyalty.<\/p>\n\n\n\n

01 Get to know your customers<\/strong><\/h3>\n\n\n\n

Before you can fulfill the needs and wants of your clients, you have to get to know them. Otherwise, you won’t be able to fully understand their expectations.<\/p>\n\n\n\n

Media monitoring tools<\/a> will help you with that.<\/p>\n\n\n\n

Start by creating a media monitoring<\/a> project with the right keywords. You want to monitor what is said about your company online, so one of the keywords should be your company name.<\/p>\n\n\n\n

If your company name is complicated, include some common misspellings.<\/p>\n\n\n\n

\"Keywords\n\t\t\t\n\t\t\t\t\n\t\t\t<\/svg>\n\t\t<\/button>
Keywords for monitoring the Coca-Cola brand<\/figcaption><\/figure>\n\n\n\n

Do you have any campaigns on Instagram or Twitter with a dedicated hashtag? Monitor them as well! Just use the hashtag as one of the keywords.<\/p>\n\n\n\n

When you fire up your project, Brand24 will monitor the web and social media to collect mentions with predefined keywords.<\/p>\n\n\n\n

\"Coca-Cola\n\t\t\t\n\t\t\t\t\n\t\t\t<\/svg>\n\t\t<\/button>
Coca-Cola media monitoring project by Brand24<\/figcaption><\/figure>\n\n\n\n

The tool will hint at where your customers are and how they feel about your business.<\/p>\n\n\n\n

\"Metrics\n\t\t\t\n\t\t\t\t\n\t\t\t<\/svg>\n\t\t<\/button>
Metrics Analysis: emotion detection across social media<\/figcaption><\/figure>\n\n\n
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Stay connected to your audience with Brand24.<\/div>\n <\/div>\n Start trial!<\/a>\n <\/div>\n <\/div>\n<\/div>\n\n\n\n

Thanks to sentiment analysis, you can quickly identify the customers’ emotions regarding your brand. Take your time and browse through the Mentions section for firsthand opinions on your products and services.<\/p>\n\n\n\n

Innovative AI-powered metrics will perform the in-depth data analysis for you:<\/h4>\n\n\n\n