Remove 2011 Remove Customer emotions Remove Customer Experience Remove Sales
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Want More Sales? Give All Your Money Away!

Beyond Philosophy

This year, outdoor clothing retailer Patagonia announced that it would give 100 percent of its Black Friday retail and online sales to grassroots environmental organizations. In a subsequent blog post , company CEO Rose Marcario reported that Patagonia had expected Black Friday sales to reach $2 million. Sales soared in 2012.

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5 Facts to End the ROI Debate on Customer Experience

Beyond Philosophy

For many years, there has been a debate whether you could assign a dollar amount to determine the return on investment for any Customer Experience improvements. In addition, higher levels of customer satisfaction are tied to high levels of positive cash flows with low volatility, and positive earnings surprises.

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How is Your Business Dealing with the Paradox of Choice?

Beyond Philosophy

Resolving the paradox of choice should be a priority for most organizations that want to design a Customer Experience that creates a feeling of satisfaction instead of one of angst and remorse. Wine stores play music to put their customers in a happy and relaxed mood. 29 July 2011. The Paralysis of Too Much Choice.

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Losing Customers Trust is the Worst Penalty VW Will Face

Beyond Philosophy

Even worse, according to the BBC, a German newspaper reported that they were told by one of their engineers at a part supplier in 2011 that this emissions test was a problem. The hope was the Clean Diesel would boost sales in the U.S., which accounts for only about 6% of global sales for the brand.

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Are You Making the Most of Scarcity as a Marketing Strategy?

Beyond Philosophy

Consider this Black Friday video taken outside Urban Outfitters in 2011: Scarcity as a Marketing Tactic. Within a consumer realm, there are lots of different ways you experience scarcity. The sandwich debuted in 1981, but was removed from the menu in 1985 due to ‘poor sales’. It’s up to you what you do with customers from there.