February 8, 2017
College brand ambassadors provide a great way to encourage customers on the edge about making a purchase to buy your product or service. College campuses include huge groups of students, and the best way to reach them is through creating a brand ambassador program. Word of mouth and recommendations from friends, peers and classmates are a powerful way to spread the message about your brand. Here are some surprising facts about referral marketing that solidify the crucial need for brand ambassadors:
Valuable brand ambassadors convert more customers, close faster, and maintain a higher lifetime value than others, according to the Wharton School of Business.
With digital channels being all the rage, word of mouth and brand ambassador strategies have become easier to adopt. When college students like a product, they will talk about it repeatedly with their friends, who in turn will be interested in the product. Therefore, expect higher brand loyalty, higher conversions and increased engagement from brand ambassador programs.
Today’s marketplace is constantly buzzing on all channels, with all brands competing for consumers’ time and money. Therefore, we turn to our close social network to see which brands they use and love. The Internet makes it easy for consumers to look up products and brands, which makes having social media influencers and positive online reviews a key part of attracting new customers.
This shows that it is more important than you think to incentive students to become brand ambassadors. They have positive thoughts and opinions about your brand, but not everyone shares these thoughts. Create a perks program to encourage your brand ambassadors to really sell your product. Offering a reward of some sort to brand ambassadors increases product and brand referral, and it doesn’t matter the size of the reward.
The stats show that brand ambassador programs work for increasing revenue, attracting loyal customers and creating a base of people who will vouch for your brand at any given time.
Not only does a brand ambassador program establish a brand presence on campus, but it helps reinforce brand loyalty to keep current customers and obtain new ones.