article thumbnail

Marketers Need to Stop Focusing on Loyalty and Start Thinking About Relevance

Harvard Business Review

If your customer retention strategy relies on “buying” loyalty with rewards, rebates, or discounts, it is coming at a high cost. That’s because the “loyalty era” of marketing, as we’ve known it, is waning. Maslow sought to map the psychological needs of humans and their motivations.

Loyalty 14
article thumbnail

Giving Away Your Gifts

Persuasive Powerhouse

Guess I’d add CURIOSITY – if I were to add to this cool list:-) Curiosity’s the gift of staying alive mentally – looking for nuances that could hold innovation possibilities – the lifeline that prevents us from defaulting to ruts – the trigger that stirs up more brainpower when we could be bored.

Blog 206
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Ten little “ings” that improve your leadership

Persuasive Powerhouse

Creativity and innovation depend on it! Leaders will know they are being inspiring not because they follow a specific list of behaviours, but because their actions compel those under their care to follow their lead, if not garnering their loyalty when things get tough. Coaching to bring out the best in people.

article thumbnail

People Are the Puck

Harvard Business Review

Whether developing a new venture, managing an internal corporate innovation initiative, or working to develop globally successful product and service designs (my profession), nothing is more important than understanding what people need and desire in context of what the competition is providing.

article thumbnail

What Aristotle Can Teach Firms About CSR

Harvard Business Review

Analogous to Maslow’s hierarchy of needs , ethical responsibility needs to reside at the lower level of the CSR pyramid. In contrast, bad press and falling ratings show that longtime customers were left feeling betrayed, their loyalty penalized rather than rewarded. This departmentalization sends the wrong signal.

Ethics 8