oter
Audio available in app

Reducing effort is the key to improving customer loyalty from "summary" of The Effortless Experience by Matthew Dixon,Nick Toman,Rick DeLisi

The heart of customer loyalty lies in reducing the effort customers must exert to get their problems solved and their needs met. It's not about going above and beyond or exceeding expectations. In fact, trying to delight customers with extravagant gestures can often backfire. Instead, the key to forming strong, lasting relationships with customers is making their interactions as effortless as possible. When customers encounter high levels of effort in their interactions with a company, they are more likely to become disloyal. This holds true across all industries and customer segments. No matter how satisfied a customer may claim to be, if they encounter high levels of effort, they are more likely to take their business elsewhere. Effort reduction is a more powerful driver of customer loyalty than customer satisfaction. Offering a seamless, hassle-free experience for customers can have a significant impact on their likelihood to remain l...
    Read More
    Continue reading the Microbook on the Oter App. You can also listen to the highlights by choosing micro or macro audio option on the app. Download now to keep learning!
    Similar Posts
    Develop a solid business plan
    Develop a solid business plan
    A solid business plan is the foundation upon which a successful business is built. It is a roadmap that outlines the goals and ...
    Adapt to changes in the market
    Adapt to changes in the market
    To succeed in the world of selling, one must be able to adapt to changes in the market. This means being flexible and responsiv...
    Promote collaboration and teamwork
    Promote collaboration and teamwork
    Promoting collaboration and teamwork is essential for any successful organization. It involves bringing together individuals fr...
    Worklife balance is essential for employee well-being
    Worklife balance is essential for employee well-being
    Work-life balance is a crucial aspect of employee well-being. It is about finding the right equilibrium between work and person...
    Experiment with new ideas and approaches
    Experiment with new ideas and approaches
    When it comes to innovation, it is essential to be open to trying out new ideas and approaches. This means being willing to ste...
    Drive results through collaboration and crossfunctional teamwork
    Drive results through collaboration and crossfunctional teamwork
    To truly drive results through collaboration and cross-functional teamwork, it's crucial to break down silos and foster a cultu...
    Empathy fuels innovation
    Empathy fuels innovation
    The ability to understand and share the feelings of others is a powerful force that drives innovation. When we put ourselves in...
    Designing a business model involves multiple components
    Designing a business model involves multiple components
    When it comes to designing a business model, it is essential to understand that it is not a simple process that involves just a...
    Foster a sense of belonging and purpose
    Foster a sense of belonging and purpose
    To create a healthy environment in an organization, leaders must understand the importance of fostering a sense of belonging an...
    Financial statements provide insight into a company's performance
    Financial statements provide insight into a company's performance
    Financial statements are essential tools for understanding a company's performance. They provide a snapshot of a company's fina...
    oter

    The Effortless Experience

    Matthew Dixon

    Open in app
    Now you can listen to your microbooks on-the-go. Download the Oter App on your mobile device and continue making progress towards your goals, no matter where you are.