The Wallet Allocation Rule
Winning the Battle for Share
Samenvatting
Customer Loyalty Isn't Enough—Grow Your Share of Wallet
'The Wallet Allocation Rule' is a revolutionary, definitive guide for winning the battle for share of customers' hearts, minds, and wallets. Backed by rock-solid science published in the Harvard Business Review and MIT Sloan Management Review, this landmark book introduces a new and rigorously tested approach—the Wallet Allocation Rule—that is proven to link to the most important measure of customer loyalty: share of wallet.
Companies currently spend billions of dollars each year measuring and managing metrics like customer satisfaction and Net Promoter Score (NPS) to improve customer loyalty. These metrics, however, have almost no correlation to share of wallet. As a result, the returns on investments designed to improve the customer experience are frequently near zero, even negative.
With 'The Wallet Allocation Rule', managers finally have the missing link to business growth within their grasp—the ability to link their existing metrics to the share of spending that customers allocate to their brands.
- Learn why improving satisfaction (or NPS) does not improve share.
- Apply the Wallet Allocation Rule to discover what really drives customer spending.
- Uncover new metrics that really matter to achieve growth.
By applying the Wallet Allocation Rule, managers get real insight into the money they currently get from their customers, the money available to be earned by them, and what it takes to get it. The Wallet Allocation Rule provides managers with a blueprint for sustainable long-term growth.
Trefwoorden
wallet allocation rule klantloyaliteit marktaandeel share of wallet klantenbinding marketing klanttevredenheid bedrijfsgroei net promoter score klantervaring strategisch management roi van marketing klantwaarde marktonderzoek klanten winnen klantgedrag klantsegmentatie concurrentieanalyse penetratiegraad klantgerichtheid customer lifetime value cmo-ceo-relatie customer journey bedrijfsstrategie financial metrics klantretentie marketingmetriek aandeelhouderswaarde marketingbudget merktrouw
Trefwoorden
Specificaties
Inhoudsopgave
U kunt van deze inhoudsopgave een PDF downloaden
Foreword
1. It’s “Oh My God!” Bad
2. Eureka! The Discovery of the Wallet Allocation Rule
3. The Wallet Allocation Rule in Action
4. Customers as Assets
5. New Metrics That Matter for Growth
6. Making It Happen
Appendix A: Quick Start Guide
Appendix B: Frequently Asked Questions
Notes
Index
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