Does your marketing promote your brand’s speed? There is a
new paradigm in marketing that has made its way to the front of the line in
terms of its importance to consumers. That new paradigm is the speed at which
you deliver your products and services, and the expectation is you will deliver
it immediately.
The expectations of consumers have been shaped by Amazon
and DoorDash – you should expect anything you want to be delivered to your door
right now. That’s great if you are selling the same item that has no
variations. All you have to do is build up a large, pre-made inventory, take an
order, pick the item off of a shelf and deliver it in a box to the buyer’s
front door. But what if you are in an industry that makes customized products
to order? What if it takes some time to manufacture a quality product – does
this mean that consumers will give you a pass on the speed of your delivery?
No, it does not. Why? Because the speed at which you can deliver a product or
service after a sale is made has become more important than any other aspect of
the value proposition in the mind of the consumer. We often talk about the four
reasons your customers will buy from you. These four are quality, price, a
great customer service experience and the speed of your delivery. The new
expectation is that immediate delivery is more important than quality, price
and relationships. It’s not that those three are still not important – they are
very important to make a sale and retain your customers. However, where a
customer would have been happy to wait for delivery to stretch to weeks on
certain items they ordered a decade ago, the new yardstick measures delivery in
hours and days, not weeks and months.
How do you market your brand to this new standard of
speed? First, understand what the competition is doing in terms of delivery.
Fast is defined industry by industry. If you can find ways to streamline your
production and beat your competition’s best delivery times, promote it. Speed
is very marketable.
Second, put the time responsibility back on the consumer.
Marketing expedited delivery as a limited-time offer is a great way to get
potential customers to commit to buying from you sooner than they might have
normally done so. If speed is important to consumers, put the onus back on
them. Obligate them to sign a contract by a deadline in order to ensure
delivery when they want it.
Finally, exceed the expectations of your customers by
delivering earlier than they anticipated. How would you do this? First, get a
firm handle on what is a reasonable time for you to generate your products or
services. Next, set the expectation at the time of the sale that the time of
delivery will be beyond this
timeframe. This gives you wiggle room for delivery, but it also sets up a
scenario where you will have a marketing win when you are able to manufacture
and deliver before this stated delivery time. You will be a hero in the mind of
the consumer. Happy customers are great for marketing.
When you are marketing your brand, don’t forget to market
speed. It is the most valuable aspect of the buying and selling proposition in
our current marketplace.