Cyber Monday Sale! 50% Off All Access

Be Like That Great College Roommate. Build Brand Loyalty in 4 Ways. Businesses can cultivate close relationships with their clientele. It just requires time and effort.

By Peter Gasca Edited by Dan Bova

Opinions expressed by Entrepreneur contributors are their own.

What is the difference between a good friend and a great friend?

A close friend and I used to joke that a good friend will take your call in the middle of the night, get out of bed and bail you out of jail. A great friend, however, will be sitting next to you in the detention cell saying, "Damn, that was fun."

While mentioned in jest, the analogy between great friends and companies should not be lost on entrepreneurs. Too many startups create a brand and a culture by combining a catchy trademark, a buzzword-filled vision and an eye-popping color palette, but miss the big picture. Instead, focus on developing your company's customer relationships much as you would foster a friendship -- not just a good friendship, but a great friendship.

Many people are still friends with their first college roommate. Why? Because of the powerful experience you both had the year you met. For many people, college provides their first occasion of living on their own and being responsible for their life, all while being immersed in an exciting setting with scores of others undergoing the same thing. It's natural to bond with others under these circumstances.

If you want to build unbreakable bonds with clients, consider treating customers like a trusted college roommate. Here are some tips:

Related: Revive That Old-Fashioned Extra: Excellent Customer Service

1. Make a memorable first impression.

First impressions are everything. More than likely, you left a unique first impression with the great friends in your life. Your exchanges were exciting and memorable, which is what drew you together. Your company's brand should be no less exciting in the early stages if you want to nurture a long-term relationship. You may not be able to control the exact circumstances when you meet your customers, but you can do a number of things to prepare the setting.

2. Stand for (or against) something.

With your closest friends, you share common interests and passions, be it football, politics or a hobby like home brewing. While your company may sell a product or service that customers want, in order to build a loyal following and encourage repeat customers, connect with their interests and passions.

Related: 5 Tips for Building Strong Relationships With Clients

3. Grow with your customers.

Good friendships are nurtured over time, by growing and becoming stronger through shared experiences. If you want to nurture a similar bond with customers, be part of their lives. This does not mean filling their inboxes with generic email ads Instead be comfortably present through appropriate activity on social media. Keep your company's website updated with meaningful and useful content that adds value to customers' lives.

4. Change your customers' lives.

When I reflect back on the great friendships I've had, I see that my best attributes have been enriched and influenced by the people involved. Great company brands do the same: They enrich and influence the lives of their customers. While not every company can literally change people's lives, your business can have a positive influence on your customers' lives.

In the end, you are hoping that your customers stay out of jail. But be prepared to be with them in spirit if they decide to take a crazy and adventurous ride.

Have you had a unique experience with a company that prompted you to become a loyal follower?

Related: 7 Ways to Say I Love You

Peter Gasca

Management and Entrepreneur Consultant

Peter Gasca is an author and consultant at Peter Paul Advisors. He also serves as Executive-in-Residence and Director of the Community and Business Engagement Institute at Coastal Carolina University. His book, One Million Frogs', details his early entrepreneurial journey.

Want to be an Entrepreneur Leadership Network contributor? Apply now to join.

Business News

'I Stand By My Decisions': A CEO Is Going Viral For Firing Almost All of the Company's Employees — Here's Why

The Musicians Club CEO Baldvin Oddsson fired 99 workers at once over Slack for missing a morning meeting. But there's a catch.

Marketing

How to Beat the Post-Holiday Sales Slump and Crush Your Q1 Goals

Overcome the post-holiday sales slump and keep the momentum strong with these key tips.

Real Estate

Why Real Estate Should Be a Key Part of Your Wealth-Building Strategy in 2025 and Beyond

Real estate remains a strong choice for building wealth in 2025 and beyond, from its ability to generate passive income to offering long-term appreciation and acting as a hedge against inflation.

Franchise

Subway's CEO Steps Down Amid a Major Transition for the Sandwich Giant

John Chidsey will step down at the end of 2024, marking the close of a transformative five-year tenure.

Franchise

You Can Start These 10 Franchises for $10,000 or Less

Many budget-friendly franchise opportunities are in industries with high demand, such as home services, cleaning or mobile businesses.

Making a Change

Get Babbel at Our Unbeatable Price This Cyber Monday

Learn up to 14 new languages with lifetime access.