Application of Conversational Marketing in Brand Strategy

22 January 2024

The way a brand interacts with customers determines how it can help them make decisions. Not only can it be a strategy for purchasing products, you also need to ensure there is customer support and a good retention rate.

Strengthening relationships with prospective customers can be done in various ways, even when they have just come looking for product information on the website. Therefore, it is important to implement conversational marketing in the various channels that you provide as a representation of the brand.

Understanding Conversational Marketing

Conversational marketing is a marketing effort that engages customers through two-way communication in real-time conversations. This effort allows for faster engagement to drive increased speed through the customer journey.

Drift, a sales and marketing company created it to change the way companies communicate with their prospects and customers. This allows teams to communicate more quickly with their website visitors and ultimately provide the answers those visitors need in a timely manner.

Benefits of Conversational Marketing

Conversational marketing creates authentic experiences between a brand and consumers with the aim of building stronger basic relationships between the two parties. Not only that, here are the benefits of conversational marketing that brands can get.

1. Humanize the customer journey

Conversational marketing gives the sales team the ability to build human relationships with prospective customers. This can start the relationship on a positive note, especially to better tailor conversations with users.

2. Increase engagement

Face-to-face communication with a brand gives consumers the feeling that they have direct access to the help channels they need. This can increase engagement from potential customers who previously may not have felt the need for information or support.

3. Improve the sales funnel

Conversational marketing can be a tactic that businesses employ to quickly identify quality prospects. Through conversation, this can lead to increased conversions and shortened sales cycles.

4. Form product recommendations

You can recommend products or services quickly. Through input or comments from consumers, the sales team can direct consumers quickly to products or services that may suit their needs. With data about previous purchase history, chatbots can also emerge to make recommendations.

5. Maintain relationships with customers

Responding quickly to problems or providing information about other products and services creates positive feelings for customers. This will also have a positive impact on increasing customer retention and revenue growth over time.

6. Respond in real-time

Submitting a customer complaint and waiting to hear back can be a complicated and frustrating experience. The ability to respond in real-time can reduce the resolution of a problem. Apart from that, you can also generate more sales from new prospects, especially when processing customer decision making.

7. Collect important customer data

When dealing with static lead capture mechanisms like forms, there is a lot of data that is collected as business leads. However, collecting these data points can be made into an interactive experience. The data points collected will be shared organically through conversations and collected in CRM tools.

Example of Conversational Marketing

When starting strategic planning, it is important to keep in mind the goals and ways the organization will achieve them through those efforts. A cycle of planning, implementing, testing, and optimizing will help the program succeed. Here are some general strategies and best practices for launching effective conversational marketing.

1. Determine effective communication channels

The chatbot feature on the website is the best way to start conversational marketing with the audience. However, most companies implement more multichannel campaigns. You can choose a channel that has the ability to reply to conversations and makes it easier for users to interact through the following channels.

  • Customer chat provided from the website or social media
  • Email survey to get specific feedback from customers
  • Social media posts to introduce products, features or other advertisements

2. Create tracking analytics

Make sure there is a purpose for storing chat conversations or data about customer prospects who send information through the channel. The technology used will provide the insight the marketing team needs to store data. However, it's important to use this information to measure the success of conversation points or identify gaps that require such optimization.

3. Create customer personalization

With more information gathered through conversational marketing methods, a brand can create a more personalized experience. If a website detects a visit from an old customer, the conversation with them will be a little different to a new user.

4. Build different personas

If a product is sold to different groups of personas, each group should be unique. For example, a company sells different software for different departments so that each part of the software product on the website must have a different conversational experience.

That is various information related to conversational marketing that can be applied in developing your product. Exploring this can be part of Strategic Brand Management so that you are able to guarantee the quality, consistency, competence and reliability of customers towards the brand.

The way a brand interacts with customers determines how it can help them make decisions. Not only can it be a strategy for purchasing products, you also need to ensure there is customer support and a good retention rate.

Strengthening relationships with prospective customers can be done in various ways, even when they have just come looking for product information on the website. Therefore, it is important to implement conversational marketing in the various channels that you provide as a representation of the brand.

Understanding Conversational Marketing

Conversational marketing is a marketing effort that engages customers through two-way communication in real-time conversations. This effort allows for faster engagement to drive increased speed through the customer journey.

Drift, a sales and marketing company created it to change the way companies communicate with their prospects and customers. This allows teams to communicate more quickly with their website visitors and ultimately provide the answers those visitors need in a timely manner.

Benefits of Conversational Marketing

Conversational marketing creates authentic experiences between a brand and consumers with the aim of building stronger basic relationships between the two parties. Not only that, here are the benefits of conversational marketing that brands can get.

1. Humanize the customer journey

Conversational marketing gives the sales team the ability to build human relationships with prospective customers. This can start the relationship on a positive note, especially to better tailor conversations with users.

2. Increase engagement

Face-to-face communication with a brand gives consumers the feeling that they have direct access to the help channels they need. This can increase engagement from potential customers who previously may not have felt the need for information or support.

3. Improve the sales funnel

Conversational marketing can be a tactic that businesses employ to quickly identify quality prospects. Through conversation, this can lead to increased conversions and shortened sales cycles.

4. Form product recommendations

You can recommend products or services quickly. Through input or comments from consumers, the sales team can direct consumers quickly to products or services that may suit their needs. With data about previous purchase history, chatbots can also emerge to make recommendations.

5. Maintain relationships with customers

Responding quickly to problems or providing information about other products and services creates positive feelings for customers. This will also have a positive impact on increasing customer retention and revenue growth over time.

6. Respond in real-time

Submitting a customer complaint and waiting to hear back can be a complicated and frustrating experience. The ability to respond in real-time can reduce the resolution of a problem. Apart from that, you can also generate more sales from new prospects, especially when processing customer decision making.

7. Collect important customer data

When dealing with static lead capture mechanisms like forms, there is a lot of data that is collected as business leads. However, collecting these data points can be made into an interactive experience. The data points collected will be shared organically through conversations and collected in CRM tools.

Example of Conversational Marketing

When starting strategic planning, it is important to keep in mind the goals and ways the organization will achieve them through those efforts. A cycle of planning, implementing, testing, and optimizing will help the program succeed. Here are some general strategies and best practices for launching effective conversational marketing.

1. Determine effective communication channels

The chatbot feature on the website is the best way to start conversational marketing with the audience. However, most companies implement more multichannel campaigns. You can choose a channel that has the ability to reply to conversations and makes it easier for users to interact through the following channels.

  • Customer chat provided from the website or social media
  • Email survey to get specific feedback from customers
  • Social media posts to introduce products, features or other advertisements

2. Create tracking analytics

Make sure there is a purpose for storing chat conversations or data about customer prospects who send information through the channel. The technology used will provide the insight the marketing team needs to store data. However, it's important to use this information to measure the success of conversation points or identify gaps that require such optimization.

3. Create customer personalization

With more information gathered through conversational marketing methods, a brand can create a more personalized experience. If a website detects a visit from an old customer, the conversation with them will be a little different to a new user.

4. Build different personas

If a product is sold to different groups of personas, each group should be unique. For example, a company sells different software for different departments so that each part of the software product on the website must have a different conversational experience.

That is various information related to conversational marketing that can be applied in developing your product. Exploring this can be part of Strategic Brand Management so that you are able to guarantee the quality, consistency, competence and reliability of customers towards the brand.

Prasetiya Mulya Executive Learning Institute
Prasetiya Mulya Cilandak Campus, Building 2, #2203
Jl. R.A Kartini (TB. Simatupang), Cilandak Barat, Jakarta 12430
Indonesia
Prasetiya Mulya Executive Learning Institute
Prasetiya Mulya Cilandak Campus, Building 2, #2203
Jl. R.A Kartini (TB. Simatupang), Cilandak Barat,
Jakarta 12430
Indonesia