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The Loyalty Effect: The Hidden Force Behind Growth, Profits, and Lasting Value

The Loyalty Effect: The Hidden Force Behind Growth, Profits, and Lasting Value
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Manufacturer: Harvard Business Press
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The Loyalty Effect: The Hidden Force Behind Growth, Profits, and Lasting Value Features

ISBN13: 9781578516872
Condition: NEW
Notes: Brand New from Publisher. No Remainder Mark.
 

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Additional The Loyalty Effect: The Hidden Force Behind Growth, Profits, and Lasting Value Information

The business world seems to have given up on loyalty: many major corporations now lose-and have to replace-half their customers in five years, half their employees in four, and half their investors in less than one. Fred Reichheld's national bestseller The Loyalty Effect shows why companies that ignore these skyrocketing defections face a dismal future of low growth, weak profits, and shortened life expectancy. Reichheld demonstrates the power of loyalty-based management as a highly profitable alternative to the economics of perpetual churn. He makes a powerful economic case for loyalty-and takes you through the numbers to prove it. His startling conclusion: Even a small improvement in customer retention can double profits in your company. The Loyalty Effect will change the way you think about loyalty, profits, and the nature of business.

 

What Customers Say About The Loyalty Effect: The Hidden Force Behind Growth, Profits, and Lasting Value:

I was looking for a book that helped one identify strong management for the purpose of company analysis and valuation - this book did just that.

Truth is, he nails it. I have been reading this book and, at the same time, Customer Specific Marketing by Brian Woolf. Both a are great tools for anyone who is workign to crack the code. Focussing on maximizing and maintaining the value to the customer is - and should be - the holy grail for any business. This book has reignited my belief in this critical principle and has helped to get me focussed again on what we can do to continually improve the experience of our 17 million members.

I found this book very useful as I am working on a new start-up business and selecting and keeping personnel is key. In this book you find practical examples of how to do this and you see the enormous benefit it is to have loyal employees.This is a must for anyone starting and/or working at turning a business around.

This is full of great concepts that are easily put to practice with effective results.

Employee loyalty and shareholder loyalty both play a significant role in delivering benefits back to the corporation. Full of interesting case studies and supporting data this publication is a must read for anyone interested in the topic.

Although it was written quite some time ago now, having its' genesis back in the 1980's, it remains an outstanding work on this topic. Clearly, thinking has evolved over time and practical application of this approach has clarified and expanded our understanding of this topic, yet the book presents a strong argument for developing a deep appreciation of loyalty and it's impact on business performance.

This book above any other, rekindled my passion to fully understand the concept of 'loyalty'. Easy to read, with a good flow.

The book is well researched. Well written.

Much attention is today being focused on Customer Loyalty yet the proposition that this book puts forward is that Customer Loyalty is only one third of the argument. Few books have expounded the proposition as thoroughly and completely as this one.

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