Product 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.Product Identifiers
PublisherHarvard Business Review Press
ISBN-139780875844480
eBay Product ID (ePID)87204670
Product Key Features
SubjectEconomics, Management, Marketing, Business
Publication Year1996
Number of Pages333 Pages
Publication NameThe Loyalty Effect: the Hidden Force Behind Growth, Profits, and Lasting Value
LanguageEnglish
TypeTextbook
AuthorThomas Teal
FormatHardcover
Additional Product Features
Country/Region of ManufactureUnited States
Title_AuthorThomas Teal