The Wallet Allocation Rule, Alexander J. Buoye
The Wallet Allocation Rule, Alexander J. Buoye
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The Wallet Allocation Rule
Winning the Battle for Share

Author: Alexander J. Buoye, Timothy L. Keiningham, Lerzan Aksoy, Luke Williams

Narrator: Christopher Kipiniak

Unabridged: 5 hr 48 min

Format: Digital Audiobook Download

Publisher: Ascent Audio

Published: 07/07/2022

Includes: Bonus Material Bonus Material Included


Synopsis

Companies spend billions of dollars each year measuring and managing metrics like customer satisfaction and Net Promoter Score (NPS) to improve customer loyalty.  Unfortunately, these metrics don't link to what matters most: share of wallet (i.e., the share of spending in a category that customers give to a brand).  The Wallet Allocation Rule presents a revolutionary approach 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 The Wallet Allocation Rule provides managers with a definitive way to drive beyond traditional customer satisfaction and NPS to achieve goals for profitability, market share, and growth.

Reviews

Goodreads review by Heidi on August 11, 2017

Thinking of loyalty in terms of wallet allocation is a helpful construct for business with lots of transactions. There are so many companies fixated on measuring or moving their NPS, and it's helpful to consider this as an alternative method of evaluating the health of your business. When I was intr......more