>Book Review - Loyalty Myths: Hyped Strategies That Will Put You Out Of Business ? And Proven Tactics That Really Work Posted by nick_niesen on October 29th Trevon Wesco Jersey , 2010
Did you ever wonder if some of those age old sayings about marketing are true? For instance, we?ve all heard ?It costs five times more to acquire a new customer than to retain a current customer.? But does anyone have any proof of that? That is exactly what a group of authors set out to do in Loyalty Myths: Hyped Strategies That Will Put You Out of Business ? and Proven Tactics That Really Work. The authors, Timothy L. Keiningham, Terry G. Varva Chuma Edoga Jersey , Lerzan Aksoy, and Henri Wallard are all experts in consumer loyalty and use their wealth of knowledge to dispel common myths and offer insight into what really works.
The book chooses and interesting format ? the first six chapters are devoted to dismiss over fifty common ?loyalty myths? and the final two chapters are used to learning about why customers are loyal and how a loyalty program should be managed. Each of the ?loyalty myths? chapters contains several ?myths? grouped together by common themes, such as Loyalty Myths That Subvert Company Goals and Loyalty Myths Regarding Employees. The chapters both begin and end with an example pulled from industry that encompasses all of the myths mentioned in the chapter, with the actual myths discussed in the middle.
The authors spend a couple of pages banishing each of the fifty three myths. Some of the myths are things that we tend to take for granted Jachai Polite Jersey , such as ?Companies tend to know their customers,? while others like ?share-of-wallet increases as customer lifetimes increase? would seem intuitively true. For each and every one, the authors use solid historical data to dispel the myth and show the negative business effects of believing it.
The final two chapters focus on seven ?loyalty truths? such as ?Don?t manage for customer retention before you manage for customer selection? and ?Customer loyalty and brand imagery are far from independent; you must manage them hand-in-hand.? The authors do a good job of going through how to build and measure a loyalty program around these ?truths.?
The book is an extremely fast paced, entertaining read. Anyone reading the book with an open mind will agree with the authors? solid reasoning. In particular Quinnen Williams Jersey , business owners, CEO?s, and anyone in marketing or consumer affairs will directly benefit by eliminating these ?myths? from their business and implementing the ?truths.? This book can have a very real impact on your company?s bottom line. Many businesses mindlessly pour money into customer loyalty programs without taking the steps outlined in this book. For some companies, a loyalty program doesn?t even make sense. For others Jamal Adams Jersey , their program needs a significant overhaul. This book will help you identify where your business is and give you the tools to make improvements.
The only downside with the book is the shear number of myths. Many of the ?myths? blend together and readers would probably be more likely to retain the ?myths? if there were ten as opposed to fifty-three (similar to the seven ?truths?). The amount of myths also doesn?t allow for the authors to go into quite as much detail as one would like for each ?myth.? There are several myths that aren?t so much dispelled in the paragraph or two devoted to it, but within the context of the entire chapter. It just seems like it would have made more sense to combine many of the myths.
Overall, Loyalty Myths: Hyped Strategies That Will Put You Out of Business ? and Proven Tactics That Really Work is a tremendously entertaining and enlightening read. Anyone that has an interest in consumer loyalty will learn a great deal of directly applicable information that can save their company money and help differentiate them from the competition.
Children are like the best gifts in the world. The only challenge you face is just how to unwrap your gift. However, no matter how good a gift may be Sam Darnold Jersey , it is more satisfying when it is just what you want at the time. This is why some parents would want to know how to conceive a girl, which they may at the time desire over a baby boy. Before now, people were made to believe that the sex of a baby wholly depends on the woman. Even in some parts of the world, people still hold women responsible for not giving birth to the desired baby gender. But science has proven that the gender of a baby depends on the man who is genetically an XY Le'Veon Bell Jersey , rather than on the woman who is genetically an XX. This is the key that unlocks how to conceive a girl. Now, the man either contributes an X, which makes for a girl, or contributes a Y which matches with the X of the woman to form another man (XY). During sexual intercourse C.J. Mosley Jersey , it is proven that the man releases over two hundred million sperm when ejaculation is reached. All these are made up of the X and Y genetic branch, of which the end may just see only one penetrating the ovum of the woman. And it has also been established medically that the Y gene moves faster than the X; but dies quicker than the X. Now, the question is; 鈥淗ow can couples use these knowledge to work out the baby gender they desire?鈥?br >How to conceive a girl is possible if intending parents keep to the following rules. 1. The woman should avoid getting to the orgasm zone during attempts on conception if she wants to have a baby girl. This is so as orgasm reduces the acidic level of the vagina environment. And as such the Y genes will have equal opportunity with the X鈥檚 to penetrate the woman鈥檚 ovum. So, avoid orgasm and let the man have more of the X producing sperms closer to the ovum during conception. This method that addresses how to conceive a girl was researched by Dr. Landrum Shettles Curtis Martin Jersey , and has produced dumbfounding results. In addition, a good sexual position that helps to optimize your result is the 鈥渕issionary鈥?position. The position entails having sex fa. Cheap NHL Jerseys ChinaReplica Soccer Jerseys ChinaReplica NHL JerseysReplica NCAA Jerseys OnlineReplica NBA Jerseys OnlineReplica MLB Jerseys SaleReplica Soccer Jerseys OnlineCheap Replica NFL Jerseys From ChinaCheap Replica Hockey Jerseys For SaleCheap Replica Jerseys Sale