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Summary
Have you ever tried to buy from a company… and couldn’t? We’ll look at that in our Thought of the Day. And in our interview segment, Roger Dooley will take that issue to a much, much deeper level and share wisdom based on his fantastic new book! That and more on today’s show.
Bob’s Thought of the Day
We’ll explore:
- A time when difficulty in the buying process… led to an unnecessary non-sale.
- Why companies should be more concerned about serving their customers than serving their bureaucracy.
Interview with Roger Dooley
You’ll discover:
- Roger’s approach of applying brain and behavioral science to real-world problems.
- The definition of friction: “the unnecessary expenditure of effort to perform a task.”
- Why friction has a much higher price than people realize.
- That $4.6 trillion of merchandise was left in abandoned e-commerce shopping carts.
- Two examples of Amazon’s efforts to reduce friction.
- The strategy of finding a part of your market that has difficulty doing business with your competitors, and attacking there first.
- What inhibits innovation and why it almost always comes from outside an industry.
- How CarMax made the process of buying a used car easier for the customer and why they can charge higher prices than their competitors.
- When friction can be positive.
- The relationship between trust and friction.
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The more #friction you see, the more you will continue to see because your brain is attuned to it. @rogerdooley #business Click To Tweet
When you can make things easier, people will pay more. #business #friction Click To Tweet
What is the relationship between trust and #friction? @rogerdooley reveals the answer in this episode. Click To Tweet
Interview Links
- RogerDooley.com
- NeuroscienceMarketing.com
- Brainy Marketing (Roger’s Forbes Column)
- FRICTION: The Untapped Force That Can Be Your Most Powerful Advantage by Roger Dooley
- Brainfluence: 100 Ways to Persuade and Convince Consumers with Neuromarketing by Roger Dooley
- Roger’s Podcast
- Roger’s Blog
- Hire Roger to Speak
- Connect with Roger on Facebook
- Connect with Roger on LinkedIn
- Follow with Roger on Twitter
- Follow with Roger on Instagram
- Roger’s YouTube channel
Resources
About the Book
The Go-Giver tells the story of an ambitious young man named Joe who yearns for success. Joe is a true go-getter, though sometimes he feels as if the harder and faster he works, the further away his goals seem to be. Joe learns that shifting his focus from getting to giving — constantly and consistently creating value for others — leads to exceptional returns.
Rapidly going from national bestseller to global phenomenon, The Go-Giver has gained a devoted following with over a million copies sold. It’s utilized as a resource in major corporations to small businesses, in schools and churches, in book clubs, and more. Nearly a decade since its original publication, this timeless story continues to help its readers find fulfillment and greater success in business, in their personal lives and in their communities.