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All Customers Are Irrational - Understanding What They Think, What They Feel, And What Keeps Them Coming Back

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All Customers Are Irrational - Understanding What They Think, What They Feel, And What Keeps Them Coming Back
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Details
Author Cusick, William J.
ISBN 9780814414217
Year Published 2009
Publisher American Management Association
Binding Type Hard Cover
Our Price: $45.00 (including GST)
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$40.50
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Description

According to Cusick, CEO of Vox, a customer experience consulting firm, companies that emphasize gaining new customers rather than satisfying their current customers do so to their own detriment. He reveals how a focus on customer retention would significantly reduce marketing and sales costs while dramatically increasing overall profitability. A brief overview of behavioral psychology elucidates seemingly irrational customer behavior and lays out appropriate strategies. Cusick is adamant that the ability to speak to a customer's emotionsbest gleaned by direct observation, rather than through surveys or focus groupsis the key to a better business model, and by redefining customer satisfaction, companies can take advantage of the newfound power that consumers hold in sharing their experiences through social networking sites and word-of-mouth. The upbeat tone and detailed examples of companies that get it rightZappos is a particular favoritelend much-needed verve to an overworked subject. While Cusick makes his point well, he is repetitive and his advice will be familiar to most readers.