The “latest and greatest” is fun but the businesses who
survive for the long term are built on solid principles. Industry giants adapt to changing markets
while holding on to their core values and core products.
The dot.com boom of the late 1990s became the dot.bomb of
2000-2001. Only the companies with solid
business practices such as Amazon survived.
Amazon.com’s “stock
went from 107 to 7 dollars a share, but a decade later exceeded 200.” Amazon withstood the .com stock crash by
focusing on solid business principles. They
kept a firm grasp on business basics while testing a few new ideas on the
trendy scene.
2013 is only a few weeks away. Entrepreneur.com identified eleven new trends
for America. One trend leaped off the
page – “Transparency Builds Trust.”
There has been so much rhetoric on the air waves for the past several
months. Most of it has been
contradictory and anything but transparent.
Consumers have become weary and leery of false promises and marketing
claims which are only partially true or not followed through.
Transparency Builds Trust
Hesitation is
frequently found in politics and advertising.
Good news, companies actually exist who focus on the consumer and back
their customer service with action.
Jim Joseph, branding expert and author of The Experience
Effect for Small Business, said "It's the emotional benefits that make you
a brand and get you into people's lives so they come back time and time
again." Brands who build trust
and constantly back it up increase the value of the company.
Concerto Marketing Group found that when people trust a brand, 83
percent will recommend it to others; 82 percent will use its products and
services frequently; 78 percent will look to it first for the things they want;
and 78 percent will give its other products and services a chance.”
How does a company create a trusted brand?
Be authentic in order to connect emotionally. Speaking truthfully, clearly, honestly and
doing what you say creates an emotional bond and customer loyalty. You only have to connect with customers
emotionally if you want them to remember you, trust you and purchase from
you.
You trust McDonalds
to give you the same hamburger experience throughout United States or in Hong
Kong. You trust Starbucks to deliver the
same coffee experience in China as in the United States. PrintPlace.com exemplifies transparency and
trust in printing. You know you can
trust the quality, fast turnaround and the famous PrintPlace guarantee.
Whether you are
ordering postcards, brochures, business cards or letterhead stationery, you know you can
trust the exceptional customer service and excellent quality. With the instant pricing calculator, you can
adjust each and every standard option: quantity, paper, color, size and even
proof and turnaround time. The price is
clearly displayed leaving the process completely transparent. Finishing options and custom services are
also available.
PrintPlace.com
embraces innovation and creativity with its new free downloadable design
templates for brochures, business cards and postcards. They recognize the importance of listening to
customer requests and exceeding customer expectations. PrintPlace.com incorporates creativity and
innovation without sacrificing core values and core products.
Companies which
become household names and industry icons hold securely to core values without
losing touch with the creativity to respond to current market trends. One of the major keys to business success is
transparency. Build a brand customers
can trust and constantly focus on upholding that reputation for honesty and
quality. Transparency builds trust.
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