by Randall CraigFiled in: Make It Happen Tipsheet, Blog, Marketing, TrustTagged as: Leadership, Privacy, The Trust Curve, Transparency, Trusted Advisor
Have you noticed that your prospects and clients are beginning to take their privacy seriously? And even if they don’t focus on it today, do you think there is at least some merit planning for when they do?
Many organizations have taken initial steps on this path, but most have taken a “risk minimization” approach, rather than seeing the effort being one of investment into their brand.
Here are nine different ways that you can improve privacy within your organization — and build a higher level of trust into your brand:
Give a grade on how well your organization has done on each of these nine items: How well did you do? Rome wasn’t built in a day, and neither will your privacy plan. This week, ask yourself how you might increase the grade for each item up by one level.
Marketing Insight #1: Most professional marketers use frameworks such as AIDA — Attention/Interest/Desire/Action — or the “Four P’s” — Price/Product/Promo/Place — to frame their marketing strategy. Notably absent from these frameworks is the notion of TRUST, something that is directly framed by Privacy. Leading-edge marketers will recognize that privacy must be woven into both the marketing message and the operational processes. And that doing so can be a competitive advantage.
Marketing Insight #2: The Trust Curve is another marketing framework that speaks directly to the place of trust within the marketing process. In it, as trust increases, the prospect moves up from Awareness, Preference, Trial, to Commitment. And with every lapse in privacy, and every data breach, the prospect moves down the Trust Curve, further away from commitment.
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