Many people dream of becoming entrepreneurs, and often the biggest...
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Financial reporting often appears to be a routine...
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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:
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