BrandQuote – June 8
"Customers buy for their reasons, not yours." – Orvel Ray Wilson Sponsored By: Brand Aid
NEW THINKING
"Customers buy for their reasons, not yours." – Orvel Ray Wilson Sponsored By: Brand Aid
• It costs 7 times more to get a new consumer for the brand than it does to get a current consumer to make an incremental purchase. • In some sectors, an increase in the consumer base by just one percent is otherwise equivalent to a 10 percent cost reduction. • Depending on the category, a 5% increase in customer loyalty will lift the lifetime profits per customer by up to 95%....
"… at the heart of an effective creative philosophy is the belief that nothing is so powerful as an insight into human nature, what compulsions drive a man, what instincts dominate his action, even though his language so often camouflages what really motivates him. For if you know these things about [a] man, you can touch him at the core of his being." -Bill Bernbach, in a speech to the American Association of Advertising ...
'The best way to make news is to announce a new category, not a new product.' - Al Ries & Laura Ries Sponsored By: Brand Aid
"Advertising doesn’t create a product advantage. It can only convey it." – Bill Bernbach, Advertising Legend Sponsored By: Brand Aid