FLIP THE FUNNEL JOSEPH JA F F E How to Use Existing Customers to Gain New Ones FLIP THE FUNNEL FLIP THE FUNNEL How to Use Existing Customers to Gain New Ones JOSEPH JAFFE John Wiley & Sons, Inc. Copyright#2010byJosephJaffe.Allrightsreserved. PublishedbyJohnWiley&Sons,Inc.,Hoboken,NewJersey. PublishedsimultaneouslyinCanada. Nopartofthispublicationmaybereproduced,storedinaretrievalsystem,ortransmittedinany formorbyanymeans,electronic,mechanical,photocopying,recording,scanning,orotherwise, exceptaspermittedunderSection107or108ofthe1976UnitedStatesCopyrightAct,without eitherthepriorwrittenpermissionofthePublisher,orauthorizationthroughpaymentofthe appropriateper-copyfeetotheCopyrightClearanceCenter,Inc.,222RosewoodDrive,Danvers, MA01923,(978)750-8400,fax(978)646-8600,oronthewebatwww.copyright.com.Requeststo thePublisherforpermissionshouldbeaddressedtothePermissionsDepartment,JohnWiley& Sons,Inc.,111RiverStreet,Hoboken,NJ07030,(201)748-6011,fax(201)748-6008,oronlineat http://www.wiley.com/go/permissions. LimitofLiability/DisclaimerofWarranty:Whilethepublisherandauthorhaveusedtheirbest effortsinpreparingthisbook,theymakenorepresentationsorwarrantieswithrespecttothe accuracyorcompletenessofthecontentsofthisbookandspecificallydisclaimanyimplied warrantiesofmerchantabilityorfitnessforaparticularpurpose.Nowarrantymaybecreatedor extendedbysalesrepresentativesorwrittensalesmaterials.Theadviceandstrategiescontained hereinmaynotbesuitableforyoursituation.Youshouldconsultwithaprofessionalwhere appropriate.Neitherthepublishernorauthorshallbeliableforanylossofprofitoranyother commercialdamages,includingbutnotlimitedtospecial,incidental,consequential,orother damages. Forgeneralinformationonourotherproductsandservicesorfortechnicalsupport,pleasecontact ourCustomerCareDepartmentwithintheUnitedStatesat(800)762-2974,outsidetheUnited Statesat(317)572-3993orfax(317)572-4002. Wileyalsopublishesitsbooksinavarietyofelectronicformats.Somecontentthatappearsinprint maynotbeavailableinelectronicbooks.FormoreinformationaboutWileyproducts,visitourweb siteatwww.wiley.com. ISBN978-0-470-48785-3 PrintedintheUnitedStatesofAmerica. 10 9 8 7 6 5 4 3 2 1 My dearest Terri, Amber, Aaron, and Jack. I love you all so much. Contents Foreword ix Acknowledgments xiii Preface xv SectionI GettingPrioritiesStraight 1 1 The Theory behind Flipping the Funnel 3 2 What the Recession Taught Us (AKA Returning to Basics) 11 3 Charity Begins at Home 17 4 Time to Spurn the Concept of Churn 27 5 Technology and Relationships—a Love-Hate Relationship 37 SectionII ANewWayForward 47 6 Time to Flip the Funnel 49 7 Politics, Shoes, and Insurance: Three Examples of Flipping the Funnel 81 8 The Key Is Customer Experience 97 9 How Employees Help Flip the Funnel 109 10 Customer Service as a Strategic Driver 121 11 The New Channels of Customer Service 157 SectionIII MakingItAllHappen 179 12 Transforming Mouths into Megaphones 181 13 To Incent or Not to Incent: Is That the Question? 203 vii viii CONTENTS 14 The New Customer-Activation Model: Content, Conversation, Commendations 217 15 The Economic Benefits of Customer Experience 237 16 Cultural Sell-through and Organizational Sign-off 247 17 Flip the Funnel for Your Personal Life 263 18 I Had a Great Experience—How about You? 269 Resources 275 Index 277
Description: