Written by two highly successful business coaches and management consultants, this book explains how to improve profitability by focusing on turning a business's already satisfied customers into highly satisfied customers by removing their sense of risk. The authors also provide a fail-safe method for identifying the risks inherent in your business. * Provides research-based insights into consumer behavior across a diverse series of businesses, including health care, food service, hotels, pharmaceuticals, and retail * Demonstrates that the idea of there being a linear relationship between customer satisfaction and customer loyalty is a myth * Refutes the oft-heard objection that creating highly satisfied customers is too costly by showing that highly satisfied customers are consistently 25 percent cheaper to serve than satisfied ones * Offers business owners and managers a proven methodology for better understanding the key aspects of a company's product and service offerings that create highly satisfied customers * Examines the organizational challenges inherent in deploying a customer loyalty initiative and discusses ways that successful companies have overcome these challenges
- | Author: John Larson|Bennett E. McClellan
- | Publisher: Praeger
- | Publication Date: Sep 15, 2017
- | Number of Pages: 216 pages
- | Language: English
- | Binding: Hardcover/Business & Economics
- | ISBN-10: 1440856567
- | ISBN-13: 9781440856563