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How To Incite Brand Loyalty Among Millennials

12/19/2016

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Image: Christmas Tree
Corporate Challenge: Millennials try new brands during the holidays; we need to make them loyal to our brand.

Ironbound Strategy:  Millennials are attracted to brands that create value for customers, employees, and society.  Engaging with millennials on their networks fosters loyalty.

Ironbound Action: North Carolina based Butterball has always had a 1-800 number for questions regarding turkey roasting.  Calling a 1-800 number is not part of the millennial lifestyle, and Butterball knows that many millennials are roasting turkeys for the first time this season.  So they innovated a service that allows customers to text-message their questions, and a happy employee will instantly respond 24/7.  Brands need to recognize that engaging with customers on mobile devices affects their relevance now and into the future.

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Delivering Performance Using Artificial Intelligence

12/9/2016

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Image: Artificial Intelligence
Corporate Challenge: Using Artificial Intelligence to transform the
customers’ expectations.
 
Ironbound Strategy: Values set brands apart from one another. Having meaningful values helps uniquely bind capabilities and strengthen execution. Powerful brands grow by holistically creating value for customers, employees,
and Society.
 
Ironbound Action: In a previous post (Brands That Have Meaning Can Change the World) we highlighted Salesforce‘s 1-1-1 philanthropic value driven business model. By creating value for all stakeholders, a business is able to build capabilities, adapt to new opportunities, and create distance with competitors. Implementing Artificial Intelligence takes teams of data scientists, engineers, and developers to best simplify the customer relationship management process. Meaningful values give teams more purpose, which in turn helps companies seamlessly adopt new technologies for sustainable top line growth.
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How to become a Successful Luxury Brand that is Green

12/2/2016

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Image: Eco-Friendly Luxury Home, Pinterest
Corporate Challenge: Is making luxury products compatible with being environmental? 

Ironbound Strategy:  As long as a company creates value for customers, employees, and society, the brand will grow.  Going Green is trending among millennials; and millennials are the inheritors of every brand in the world.

Ironbound Action: San Francisco based Troon Residential began with a mission to create luxury homes using environmentally sustainable materials.  They started with a strong team of employees, then focused their efforts on creating customer value via society value.  Each house is designed and outfitted using luxury brands that are eco-friendly. The theory proved successful and now the niche market space is growing.
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    #BuildABetterWorld

    We are strategy consultants helping Sovereign Wealth Funds optimize investment strategies that leverage stakeholder values.

    We assist Board Members with steering their companies towards developing new growth opportunities that optimize creating value for employees, customers, and society.

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Ironbound Consulting Group Inc was established in 2012.  All Rights Reserved. ​Copyright 2022.