The 11 Most Effective Ways to Gain Consumer Trust & Confidence
“Fake news” has taken a big bite out of consumer trust in brands. Here’s how to Earn Consumer Trust in an Untrusting Era.

Consumers tend to treat businesses the way they treat other people — holding them to certain standards and building relationships with ones they have faith in. They’re expressive with their dollar and want to engage with companies that won’t let them down.

So what does that mean for you? Well, with those trends in mind, the question becomes, “How can I demonstrate that my business is one of the good ones?” How can you prove to customers that you have their best interests in mind? What does it take to gain customer trust and confidence?

Trust has always been an important part of brand-consumer relationships; without trust, customers may not feel confident in their purchases or may opt for a more trustworthy competitor brand, leaving that perceived untrustworthy company high and dry.

This is particularly important in the digital age: We’re now on pace to see 60 percent of retail transactions happening online, and face-to-face interactions are on the decline. That’s why trust is more important than ever. Yet, at the same time, trust is harder than ever for brands to earn.

So, why is customer trust so hard to build, and what can brands do about it?

Why trust Is rare.

Customer trust was never easy to win, per se, but it has also never been this difficult. We’ve entered an era of distrust, due to a perfect storm of different factors:

Misleading advertising. The overabundance and misleading nature of advertising are partially to blame. Only 4 percent of Americans believe that the marketing industry acts with integrity, and the remainder is skeptical of advertisers’ intentions. They know companies are out for a profit and are willing to bend the truth to get it.

Economic turmoil. The financial crisis of 2008 didn’t improve consumer trust, especially with regard to the financial industry. With so many homeowners misled and with the subsequent troubled financial times that damaged people’s savings, our generation is dubious of corporate goals.

Western society. We live in a capitalistic society that strongly encourages individual achievement. For better or worse, those conditions force consumers to look out for themselves, and not always be generous toward others.

Content overload. The digital era has millions of businesses all clamoring for attention. That sheer overabundance makes it harder to figure out what’s real and what isn’t.

“Fake news.” Of course, the recent (and ongoing) “fake news” epidemic is also meddling with consumers’ trust. Everything is to be doubted, and nothing is to be believed.

Here, we’ll go over the steps you can take to build that kind of faith, and address those questions and concerns.

How to Gain Customer Trust and Confidence

How can you build customer trust?

So, how does it all come together? What’s the secret to building customer trust? Well, as I touched on throughout the list above, one of the keys is valuing your customers and thoughtfully conveying that appreciation back to them.

Take the time and effort to serve and delight them at every possible touchpoint. Demonstrate that you know they’re savvy and sensible through honest marketing.

Be considerate through your sales process, and don’t cast them by the wayside once they become customers. Provide the kind of customer service that they’ll want to talk about.

And once you’ve generated that goodwill and company fandom, do what you can to project it to the world around you. Consumers want to hear from other consumers.

If your customer base is delighted and vocal, you need to get their message out there. Ask for reviews, put together well-crafted testimonials, and let any interested prospects know that real people trust your business — and they should too!

In an age where consumers have unprecedented access to information and a massive platform to air out opinions and grievances, generating and maintaining customer trust and confidence is essential. That’s why you need to do everything in your power to serve, delight, and empower your customer base.


Source: Hubspot Blog

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