Increasing mental market share by using category entry points

Customer question

Our client, a global FMCG manufacturer in personal care, was looking for ways to further develop the brand and increase market share. In this  nominated  case study for a personal care brand, category entry points are examined to find brackets to increase mental market share. Byron Sharp's idea of ​​mental availability, which together with physical availability is responsible for brand growth, plays an important role in this.

Category entry points as building blocks of mental availability

DVJ Insights developed an approach based on the academic work of Jenni Romaniuk of the Ehrenberg-Bass Institute. She provided an empirically proven model to measure mental market share. The building blocks of mental availability are the Category Entry Points (CEPs) – situations and moments when consumers think of certain products and brands. Consider, for example, the moment of using a body lotion: always after a shower or when the skin feels dry. If a consumer positively associates a specific CEP with the brand, this stimulates purchasing behaviour. So understanding CEPs offers concrete opportunities for brand growth by linking products to relevant situations and 'occasions'.

Approach and result

In order to detect as many growth opportunities as possible, the research was conducted in two phases. In phase 1, the current category entry points of various product categories of the brand and of the competition were mapped out with the aid of storytelling . This provides insight into when consumers use a product, why, in what context, for what purpose, et cetera. Using AI modeling, the most important CEPs per category were identified from all consumer stories. In phase 2, the frequency and mental market share of each CEP was then determined. This provides insight into where the customer's (or competitor's) brands are under- or over-performing and ultimately which CEPs are most promising for brand growth.  

Read the full article on Adformatie.

Posted on December 6, 2022 .

B2B brands shouldn’t fear rejection, but being unknown

Humans are hardwired to fear rejection.

To understand why, transport yourself to prehistoric times.

Imagine you are a caveman living in the year 10,000 BC and you commit a social faux pas against the caveman next door. Word gets out, and suddenly no one in the tribe wants to share their roasted sabretooth tiger with you. Without the support of the group, you can no longer feed yourself, and before you know it, you are starved out of the gene pool.

Modern Homo sapiens inherited this ancient fear of rejection, which is why we’re still alive.

Modern B2B companies struggle with something similar – fear of ‘brand rejection’.

Marketers fear we might say the wrong thing to the wrong person at the wrong time and catastrophically harm the business. We often see this in advertising. Brands will pause media campaigns during turbulent times or dull down creative, trying to ensure we don’t insult any potential buyers and find ourselves starved out of a customer base.

But is the fear of brand rejection warranted?

Spoiler alert: not really.

Just like fear of rejection prevents too many people from reaching their full potential, fear of brand rejection prevents too many B2B businesses from reaching their full potential.

Have no fear, rejection is rare

Many B2B marketers worry about brand rejection. We track negative sentiment. We go dark during dark times. Sometimes we even run campaigns to address specific criticisms and try to win over our ‘detractors’ or win back our ‘churners’.

Almost all these decisions come from the gut.

We’d all be better off if these decisions came from the data instead.

And for the data, we turn to Jenni Romaniuk of the Ehrenberg-Bass Institute, the patron saint of marketing rationalism, who recently published a paper with The B2B Institute entitled – wait for it…’Brand Rejection in B2B’.

The B2B Brand Rejection paper quantifies the answer to a simple question: how serious is brand rejection in B2B? Please allow us to summarise the findings.

Read the full article on Marketing Week.

Posted on November 4, 2022 .

How to avoid taking a knife to a gun fight! Tips to build a strong service brand identity

Think about the last time you bought a chocolate bar, that moment you saw it on the shelf. You can probably remember how that chocolate bar looked, the colours, patterns, images on the pack, its weight in your hand before you tore open the wrapper, and its smell and taste as you put it in your mouth. All of this engagement of the senses helps refresh existing brand memories, and on occasion, build new ones.

Now compare that experience to the last time you renewed your car insurance –what happened? You received an email, letter or even text informing you it was due, pressed a few buttons on your phone or computer and then? Perhaps a vague sense of security, the mild accomplishment of a task ticked off the to-do list…but really, nothing to engage the senses, no adding to the reservoir of experiences that creates a memorable brand. This is the challenge services brands face in the battle to build brand memories.

The service sector is growing and shows no sign of abating. While the sector includes traditional service industries such as insurance or telecommunications, growth in the digital world means new services have emerged in every realm from health and fitness, education, safety/privacy, and entertainment. With the world becoming more interconnected, offering a service that can be accessed at the press of a few buttons can allow a brand to reach many more buyers all over the world. For example, Peloton can reach many more people with its fitness app than it can with its bike. Setting up stores is expensive and sending products is difficult, these activities put us at the mercy of logistics, and increase our carbon footprint. So long live growth in the services sector!

However, this servicisation of the world does have its challenges, and one such challenge is to build a strong brand identity when the primary offering is a service. Unfortunately, being a service in branding is like taking a knife to an (attention) gun fight. You have a weakened toolkit because you don’t have a physical product to show, that buyers can see, hold, or even trip over. Yes, your competitors are similarly handicapped, but it’s not just competitor brands that you fight when building brand identity. Obstacles to overcome also include environmental and mental clutter, which can render your brand a wallflower unless you find some way to stand out.

Building Distinctive Assets can help overcome service brand limitations. Here are some tips to help a service brand become a strong, distinctive brand in the minds of category buyers.

Read the full article on WARC.

Posted on October 27, 2022 .

"No one gives off*** about your brand"

I went to the Festival of Marketing, edition 2022. Good news: it was about marketing again. Bad news: we're fucked.

Last time I visited the Festival of Marketing in London (March 2022) I missed the marketing. It was the edge of the corona period and half of the presentations were about culture, team and mental health. All important, but it didn't have much to do with marketing. And if it was about marketing, then it was about the P for Promotion, so about tactics.

This year was different: back to basics

This edition (October 2022) was different. It was about marketing, entrepreneurship, market orientation, brand building and sales activation. It was about the long and short term, about effectiveness and efficiency and about the collaboration of marketing with other disciplines. Marketing in other words, and in fact the basis of marketing.

That can hardly be otherwise if you kick off with a presentation by marketing professor Mark Ritson. The essence of his speech was: 'No one gives a fuck about your brand'. More nuanced: Marketers think too little from the customer's perspective. A second theme in his speech was rising inflation and declining spending. In Ritson's words: 'We are fucked'.

Then add that the best way to deal with the current economic situation is to maintain budgets and marketing communication activities. A statement that he substantiated with an argument about the importance of share of voice and the creation of extra share of voice, resulting in a larger market share. If all brands follow his advice, then of course nothing will happen, but the practice is that many brands reduce their budgets and reduce advertising activities. Keep doing what you already planned, and your share of voice will grow.

Ritson ended his presentation with his marketing checklist:

  • Stay market-oriented (but actually: finally put yourself in your damn customer's shoes!)

  • Keep strategy simple (objectives, targeting, positioning)

  • Combine sales activation with brand building (the long & the short)

  • Pay attention to differentiation and distinctiveness. Be different, but above all striking and recognisably different

  • Keep your communication budget on track.

Plan B and C

Another interesting session was the conversation with the CMO and the CFO of On the beach, an online travel company (onthebeach.co.uk). The theme: How do I ensure an optimal relationship with the CFO? Crux of the whole story: talk to each other… That sounds a bit silly, but these two people had a healthy professional relationship. They had clear and shared strategic frameworks, spoke to each other regularly without an agenda and the CMO felt co-responsible for the P&L. The CMO left the nerdy marketing shizzle to the team and spoke to the CFO about goals (in terms of increasing average shopping cart sales and market share) and how she was going to achieve them. No, not all that complicated, but apparently (and that is also my own experience with the companies I see inside) a huge challenge. Organizations still work in silos. One of the take-aways from the conversation for me was the CFO's advice: Come up with a plan B and a plan C. If things go better than expected, what do we do? And if things go down, what's the plan? The first thing in particular, being prepared for success and being able to scale when needed, seems like a good idea to me.

Heinz

An engaging group discussion was about Heinz and was held with the marketer and the agency side team working on Heinz. The conversation itself wasn't all that interesting. It was about the heritage of the brand and how they are now building on it. So with respect for the past, but with a new impulse for the future.

What was interesting is that Heinz has an innovation team that does nothing but come up with new product ideas. Beanz burgers, Beanz meals, Beanz filled hash browns. So a lot with beans, because Beanz means Heinz. But that has now been supplemented with a new 'platform' (…) Beanz means more. Still less strong I think.

This only works from a holistic approach. You can come up with nice Saucysauce and Spaghetti Junction, but you still have to produce, sell and put them away through your distribution channels. This is only possible if the entire organization is willing to think in that direction and cooperate. That is not the case from a company with silos.

What I had some difficulty with was the role that Heinz appropriates from his new 'platform' in the problem of children who go to school without breakfast. A campaign is calling on people to donate £5 a month so that one child can have a decent breakfast. Heinz doubles every donation. To me that feels more like a clever advertising campaign than a company doing it right. Difficult to find the right balance.

Champagne

I was looking forward to the session with Jenni Romaniuk. Not because it was mainly about champagne, that too, but mainly because I think that the Ehrenberg-Bass Institute is an important voice in the marketing landscape and that their theory about brand growth and the role of distinctive brand assets is important. is to take note of. For anyone who works for brands: Romaniuk outlined her 'laws for growth' system (see image).

That system revolves around mental and physical availability and the specific interpretation thereof on various factors. In the session she discussed the meaning of category entry points, the entrances to the brand. Many brands assume inputs that are obvious, but what happens when those inputs change? And what do you do if this changes the competitive field? Is the way in which you present your product still adequate? With a different theme and in different terms, it was again about the customer's perspective. And once again it turned out that organizations and brands deal with this too easily.

Read the full article on Marketingfacts.


Posted on October 14, 2022 .

Principles of Brand Growth: Jenni Romaniuk, Ehrenberg-Bass – (English)

Markenkraft

My guest today is Professor Jenni Romaniuk. Jenni is Associate Director of the world famous Ehrenberg Bass Institute of the University of South Australia. She is a Research Professor and author of two very influential books “How Brands Grow Part 2” and “Building distinctive Brand Assets and one of the leading researchers on brand equity, advertising effectiveness, distinctive brand assets, word of mouth, loyalty and brand growth. She pioneered Mental Availability measurement and metrics. Jenni was the Executive Editor of the Journal of Advertising Research and now sits on the journal’s Senior Advisory Board.

Listen to the full podcast episode here.

Posted on August 26, 2022 .

‘Brain engine optimisation’ is the new search engine optimisation

Marketing Week

Brands – both B2B and B2C – should focus less on keywords and more on making themselves memorable at the point of the buying decision.


“The most important search engine is still the one in our minds.” 

That quote – from Jon Bradshaw, founder of the consultancy Brand Traction – is the most profoundly pithy idea we’ve heard in a long time.

What exactly does it mean?

Well, imagine you’re a tourist in Dublin.

You’re inside Mulligans, a fabled 168-year-old pub on Poolbeg Street.

A cheery Irish barman ambles over.

“What’ll you have to drink?” he asks.

So, how do you decide what to order? Do you whip out your iPhone and type ‘What drink should I get in a pub in Dublin?’ into the search box?

Of course not.

You don’t search Google – you search your brain.

And since humans are ‘cognitive misers’, you default to simple and fast searches like ‘drink, pub, Dublin’. Your brain retrieves a short-list of options from its memory banks. And then, to save yourself time and energy, your brain usually picks the most obvious choice.

Guinness.

Today, marketers invest billions of dollars in search engine optimisation. We want our brands to come to mind easily when buyers enter the market. We’ve got the right objective, but we’re optimising for the wrong search engine. The right search engine is the one in your head.

Which is why the real focus for marketers should be brain engine optimisation (BEO).

That’s right – BEO is the new SEO.

But how do you optimise for search results inside a buyer’s brain?

We’re not smart enough to answer that question, but we know someone who is: Professor Jenni Romaniuk of the Ehrenberg-Bass Institute, one of the greatest marketing thinkers of our time.

Our team at the B2B Institute published new research from Romaniuk that we believe could revolutionise the way B2B marketing works. The paper explains how B2B marketers can grow their businesses through brain engine optimisation.

Read the full article on Marketing Week.

Posted on July 5, 2022 .

WARC x Cannes Lions: The Future of Strategy and Ehrenberg-Bass research

The WARC Podcast

All the latest from day four of Cannes Lions 2022. Host Alex Brownsell, Head of Content for WARC Media, is joined in the Palais des Festivals by WARC editors Lena Roland and Anna Hamill to talk about this morning’s Future of Strategy sessions, and recap yesterday’s presentation from Jenni Romaniuk, Research Professor at Ehrenberg-Bass Institute.

Listen to the full podcast episode here.

Posted on June 23, 2022 .

The crisis in creative effectiveness has new issues

AdNews

Advertising, in its current form, is still not driving the growth it should be, according to a WARC’s Anatomy of Effectiveness study released at Cannes Lions.

The update on the original 2019 study is designed to give brand marketers, advertising agencies and media owners a fresh perspective.

“In 2019 we noted a sense that advertising, in its current form, was not driving the growth it should be,” says David Tiltman, SVP content, WARC.

“This was backed up by researcher Peter Field declaring a 'crisis in creative effectiveness'.

“Today, there’s no sign that the crisis is over. In fact, there are a host of new questions and issues to resolve. 

Read the full article on AdNews.

Posted on June 22, 2022 .

Ehrenberg-Bass: Linking brand messages to buying situations wins ‘the mind and the market’

Marketing Week

Based on the premise that “memories generate sales”, new research from Ehrenberg-Bass urges B2B marketers to build “wider, fresher networks” by tapping into the power of category entry points.

Linking brand messages to key buying situations can increase customer acquisition and retention, proving the “accountability” of B2B brand marketing, according to new research from the Ehrenberg-Bass Institute

Collaborating with LinkedIn’s B2B Institute, the research suggests brand messaging can become fully customer-centric by focusing on category entry points, the cues customers use to access memories when faced with a buying situation. These cues are both internal, such as motives and emotions, and external, including location and time of day.

“Category entry points are not about the brand, they’re about the buyer,” the report’s author Professor Jenni Romaniuk, associate director (international) at the Ehrenberg-Bass Institute, tells Marketing Week.

“That’s what makes them important to understand separately from your brand. You can’t look at your brand and see category entry points, you have to go outside of it.”

The research urges marketers to identify and prioritise the category entry points that matter in their sector, and which their product can serve, linking their brand to category entry points through clear messaging.

“We are aiming for wider, fresher networks and I can’t say that enough. It is contrary to how we’re brought up to believe branding works. It’s contrary to this idea of positioning, finding that one thing you can own to be different from everybody,” Romaniuk explains.

“It’s about saying: ‘There’s lots of different ways people come into a category, we want to be behind as many of those doors as possible.’ That’s the probability game that comes in with this that’s different from everything.”

Read the full article on Marketing Week.

Posted on June 22, 2022 .

WARC releases 2022 update of its Anatomy of Effectiveness report

Media Week

WARC has released the 2022 updated edition of its highly successful Anatomy of Effectiveness report at Cannes Lions.

Three years on from the initial launch, the updated WARC paper aims to give brand marketers, advertising agencies and media owners a fresh perspective on the five key building blocks of effective marketing

David Tiltman, SVP Content, WARC, said: “In 2019 we noted a sense that advertising, in its current form, was not driving the growth it should be. This was backed up by researcher Peter Field declaring a “crisis in creative effectiveness”.

“Today, there’s no sign that the crisis is over. In fact, there are a host of new questions and issues to resolve. We’ve had a pandemic that saw budgets switch out of brand investment into performance marketing; we’ve seen the rise of ‘retail media’ platforms that are reshaping the media landscape; and with the impending death of the cookie we see a growing lack of confidence in advertising and media measurement.  

“This updated edition of our white paper draws on new thinking and the latest evidence to present the key building blocks required to deliver commercial impact today,” Tiltman added.

The ‘Anatomy of Effectiveness: 2022 Updated Edition’ report by WARC highlights the following five priorities for brands wanting to improve the impact of their advertising:

Read the full article on Media Week.

Posted on June 21, 2022 .

Mental availability, brand rejection, Binet & Field, ESOV and Ehrenberg-Bass: New B2B data shows marketers should flip the funnel sideways for business growth, B2C strategy also on the hook

Mi3

From flipping the marketing funnel sideways to scotching “delusions” that retention and loyalty trump acquisition – and a new performance-enhancing twist on Binet & Field’s 60:40 brand to performance rule (it should be 95:5 in B2B) – the science unpacked in How B2B Brands Grow also applies in large part to B2C marketing, says its Ehrenberg-Bass co-author, Jenni Romaniuk. Jon Lombardo, Global Research Lead at The B2B Institute hopes the science emboldens brands to stop making “drab and dull” performance ads and stop worrying about offending customers. The truth, he says, is few people care about brands at all: “It’s all upside. The job is always to build mental availability.” LinkedIn’s ANZ and SEA Enterprise boss Prue Cox says the likes of Westpac and DocuSign are nailing it.

Listen to the full podcast episode here.

Posted on March 28, 2022 .

In 2022, should B2B content marketers focus more on advertising?

The Drum

Many B2B marketers focus on ‘content’ rather than advertising, but is that the best thing to do in 2022? For the answer, columnist Samuel Scott interviewed the person who created the term ‘mental availability’, professor Jenni Romaniuk of the Ehrenberg-Bass Institute.

In 2005, Rand Fishkin – then the chief executive of SEO software platform Moz – published the first edition of their beginner’s guide to search engine optimization. To this day, the material remains one of the best examples of what has become known as ‘content marketing’.

For years (and even still today), I would refer people to the e-book whenever they would ask how to learn about ranking in organic search results. The guide has remained extremely popular over the years – it even ranks higher than Google’s own resources for many related search terms – and has undoubtedly gained many customers for Moz.

In advertising terms, Moz was ‘top of mind’ for me and others whenever people would ask about learning SEO. Moz’s senior executives and the company blog have been known throughout the industry for having some of the best ‘thought leadership’.

But in 2022, producing such content – a popular substitute for doing traditional brand advertising – might not be enough to build real ‘mental availability’ in B2B categories.

Based on the increasing B2B interest in brand that I saw in 2021, I foresee that more teams will ask themselves the following question this year: Is constantly publishing informational material and trying to become a thought leader actually a good way to get remembered in future buying situations?

Read the full article on The Drum.

Posted on January 14, 2022 .

What makes brands desirable across generations

Planning & Analyse

Rapid availability is an essential requirement of our time. Brands also thrive on quick mental availability through simple codes that call up a “brand frame” in the viewer and trigger behavior in the sense of “wanting to have”. Unfortunately, such a simple mental coding of brands does not always work. Especially in the younger target group, brands are losing relevance, as Dr. Uwe Lebok and Nina Dörrbaum from K&A Brand Research.

There was a time when brands were really important in people's everyday lives. For the baby boomers in particular – those born between 1950 and 1964 – they paved the way for the liberalization of our society. Brands and advertising were not infrequently an expression of self-realization and individualization. Advertising made brands – or at least clearly shaped brand signals, brand messages and brand stories.


The advertising world of the 1970s and also that of Generation X in the 1980s was already diverse, but still easy to remember for most recipients: The number of channels and commercials was manageable, which helped the recipients to listen to the advertising messages better. As a result, baby boomers and Gen X had more time “with” brands and also experienced more differentiation “through” brands in their everyday lives. Rememberable brand assets and brand stories were also a necessary basis for this and ultimately shaped the image.

Read the full article on Planning & Analyse.

Posted on December 21, 2021 .

The B2B Brand Masters Podcast Series #4: Jenni Romaniuk

B2B Insights Podcast Channel

This week Nick is joined by Professor Jenni Romaniuk, Associate Director at the Ehrenberg-Bass Institute in Australia. Jenni is the author of Building Distinctive Brand Assets, and developer of the Distinctive Asset Grid. She is a research professional with a key focus on branding. Her research spans a vast array of branding topics including (but not limited to) brand equity, brand health metrics, word of mouth and the role of loyalty and growth. Her book, ‘How Brands Grow 2’, has recently been updated and in this new edition Jenni writes specifically about business to business markets.

We are therefore thrilled to invite Jenni onto the B2B Insights podcast to discuss the fundamentals of buying behaviours and brand performance.

Listen to the full podcast episode here.

Posted on November 18, 2021 .

Brands that do not yet have a character should report to Comrade Žinčić

Mediálne

In our advertising, it is remascoted and recharacterized. There seem to be agencies where you have a pretty decent chance of being "assigned" a character or mascot when you start working with them, regardless of your specific marketing problem. 

Brand building and growth

The Ehrenberg-Bass Institute, currently probably the most influential school of thought about marketing (Byron Sharp, Jenni Romaniuk and others come from there), emphasizes the importance of distinctive assets for building and growing a brand (e.g. logo, font, slogan, shapes, colors, sounds, melodies, etc. .).  

Such assets also include a character or mascot, whether animated, "real," animal, human, or personified. Research reported by Jenni Romaniuk shows that characters attract attention and score well on attributes such as Uniqueness and Familiarity (Building Distinctive Brand Assets, 2018).  

Read the full article on Mediálne.

Posted on October 22, 2021 .

Customer Acquisition Is The Only Viable Growth Strategy In B2B, Says Ehrenberg-Bass' Romaniuk

The Contractor

Do you think you will grow your B2B brand by focusing on consumer engagement? According to the law of double jeopardy, you are incorrect, which has ramifications for everything from growth KPIs to marketing technique.

A major new study by Professor Jenni Romaniuk of the Ehrenberg-Bass Institute, Professor John Dawes and Sahar Faghidno for the LinkedIn B2B Institute confirms that the marketing law of double jeopardy applies to B2B brands just as much as it does to B2C , and for this reason, the only clear path to growing B2B brands is through customer acquisition.

It also explains how B2B marketers can use these lessons virtually for their growth methods.

The law of double jeopardy, first discovered in the 1960s, shows that loyalty is primarily a predictable function of market share, increasing as brands increase the size of their customer base. So it's typical for smaller brands to suffer twice as much compared to their bigger rivals, by having fewer users who are also less loyal.

Read the full article on The Contractor.

Posted on May 27, 2021 .

Brand characters could be the most undervalued asset in B2B marketing

Marketing Week

It’s hard to tell a great story without a great character but most B2B brands seem reticent to entertain the idea. One exception is Salesforce, which introduced Astro who helped revitalise the brand and make it interesting again.

Try telling the story of Star Wars without mentioning any of the characters.

It’s possible. But would you buy tickets to a movie about a gigantic spaceship that blows up a planet and is eventually destroyed by a smaller spaceship? Sounds like a flop to us…

There’s no question Star Wars has revolutionary products – the lightsaber is the undisputed market leader in energy swords – but it’s not the products that make Star Wars famous.

It’s the characters. It’s Luke, Leia, R2D2, Darth Vader, Yoda – it’s even Jar Jar Binks. And it’s not just Star Wars. Almost every Disney movie is named after its central character, from Snow White to Wall-E to Black Panther.

You simply can’t tell a great story without a great character.

B2C marketers already understand this. Characters have built countless B2C brands. The Geico Gecko. Orlov the Meerkat. Red and Yellow, the M&Ms. The Most Interesting Man In The World. The Michelin Man. Mr Clean. The Energizer Bunny. Tony the Tiger. The Aflac Duck.

So where are all the B2B characters?

There aren’t many, but there is one.

Close your eyes, B2B marketers, and let us tell you a bedtime story about a racoon-child who roams the streets of San Francisco connecting companies with their customers.

Read the full article on Marketing Week.

Posted on May 27, 2021 .

Branding the jab: the secret weapon to increase vaccination rates

Newswise

As the global race for COVID-19 vaccination continues, new research from the University of South Australia shows that the uptake of vaccines could be vastly improved if approved vaccine brands received more positive promotion and media coverage.

Conducted by UniSA’s Ehrenberg-Bass Institute of Marketing Science, the study examined more than 2400 unvaccinated adults across three countries – Australia, UK and USA – to identify if people’s willingness to be vaccinated changes when presented with different vaccine brands. 

It found that the more positive information people have about vaccine brands, the more willing they are to be vaccinated with that brand. Given that positive stories about brands typically have 2-3 times higher reach than negative stories, this finding is particularly significant. 

Lead researcher, Professor Jenni Romaniuk says getting people vaccinated has become a combination of two challenges – getting people willing to be vaccinated at all, and getting people willing to be vaccinated with the available vaccine brand.   

Read the full article on News Wise.

Posted on May 21, 2021 .

B2B growth strategy – focus on loyalty or acquisition?

Marketing Facts

The conclusion: 'There's only one viable path, which is increasing customer acquisition' does not reflect practice

When Marketing Science Institute Ehrenberg-Bass shares results of a new study, we prick up our ears. One of the largest research institutes in the field of marketing has already shared many interesting insights in recent years. In any case, the headline in MarketingWeek, where their most recent research was recently published, immediately draws attention: ' Customer acquisition is the only viable growth strategy in B2B.'

According to Professor Jenni Romaniuk of Ehrenberg-Bass , B2B marketers who focus on existing customer loyalty as the basis for growth would be completely wrong . Romaniuk refers, among other things, to recent research on ' the law of double jeopardy ', whereby brands with a lower market share in a market have both fewer buyers in a certain period of time, as well as lower brand loyalty. The research shows that this 'law' does not only apply to B2C brands - as described in detail in the classic How Brands Grow by Byron Sharp -, but also to B2B.

Read the full article on Marketing Facts.

Posted on May 17, 2021 .