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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. Every business owner or manager knows
that creating satisfied customers is key to establishing customer
loyalty and building a business. But many are applying the wrong
strategy in trying to achieve customer loyalty: instead of focusing
on consistent execution of the company's value proposition on a
day-to-day basis, they waste their efforts constantly chasing after
new customers or trying to address every complaint. Using research
to demonstrate how striving to turn merely satisfied customers into
highly satisfied customers significantly affects loyalty behaviors
and in turn boosts profits, Capturing Loyalty lays out a new
approach to a very old problem. Additionally, it presents a
blueprint for identifying the perceived risks to consumers inherent
in your business—many of which are not readily apparent to the
casual or even invested observer—and explains how to minimize
those risks. Authors Larson and McClellan explain why trying to
ensure 100% customer satisfaction is not the path to achieving
customer loyalty, and that the reality is that customer
dissatisfaction is rarely the result of an error a business has
made—two concepts that many initially find counterintuitive.
You'll learn how to offer your company's products and services in a
manner that creates highly satisfied customers, understand the true
value and vast economic benefits of having highly satisfied
customers, and see why highly satisfied customers are actually
cheaper to serve than others. The book presents a clear and
comprehensive plan for creating a loyalty initiative suitable to
your business and cascading it through your entire organization,
from the C-suite to the line employees.
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