Many people dream of becoming entrepreneurs, and often the biggest...
Letting technology do the heavy lifting for certain monotonous tasks...
Mergers and acquisitions (M&A) can dramatically alter a...
Working capital: The difference between your current assets...
September 21, 2021
According to a Harvard Business Review study, “When companies connect with customers’ emotions, the payoff can be huge.” This shows that emotional connection drives brand loyalty and is one of the top indicators of potential consumer value. Another study reveals that customers are 71% more likely to recommend businesses with whom they have an emotional connection.
This explains why a large number of companies invest in their storytelling strategy. Most stories work on an emotional level. In an article published on Smart Insights, Jonathan Gabay notes, “Stories … activate sensory parts of the brain that help influence the meaning and purpose of what is seen and heard — helping provide a greater personal insight into life and events.”
While a brand story tells the audience what you are and what makes you unique, a social impact story can be used to raise awareness on issues in your community and around the world. Such stories connect with people’s emotions and can even inspire them to bring about change.
Here are 10 tips on how you can capitalize on your social impact endeavors to drive sales:
Our team is made up of seasoned professionals who bring years of industry experience to the table. You gain a trusted advisor who understands your business inside out.
Say goodbye to the hassles of hiring, training and managing in-house finance teams. You will never have to worry about unexpected leave of absence or retraining new employees.
Whether you’re a small business or a global powerhouse, our solutions scale with your needs. We eliminate inefficiencies, reduce costs and help you focus on growing your business.
Mergers and acquisitions (M&A) can dramatically alter a company’s trajectory—unlocking new markets, technologies, or customer bases. Yet, many deals stumble...
Working capital: The difference between your current assets and your current liabilities. It’s a key barometer of financial health. While...
Expanding your team and capabilities is critical to sustaining growth—but the question often arises: Should you build an in-house department...
A Chief Financial Officer (CFO) isn’t just a numbers person anymore. Modern CFOs play a pivotal role in shaping strategy,...
Once your annual revenue surpasses $10 million, you attract more attention from regulators, partners, and customers, especially regarding data privacy....
Hiring is one of the most pivotal processes in any organization, particularly for a medium-sized business looking to scale. Yet...
At Escalon, we are committed to keeping our clients informed about the latest trends, challenges, and opportunities across the industries...
Growth in headcount brings exciting opportunities for a business, but it also poses a key challenge: How do you maintain...
Rapid expansion and remote work trends have empowered medium-sized businesses to hire talent nationwide. Yet with multi-state operations come multi-layered...