article 12: customer loyalty is overrated Flashcards
1
Q
process fluency
A
= the product of repeated experience, and it increases relentlessly with the number of times we have the experience
2
Q
cumulative advantage
A
= the layer that a company builds on its initial competitive advantage by making its offering an ever more instinctively comfortable choice for the customer.
- four basic rules;
1. Become popular early
2. Design for habit
3. Innovate inside the brand
4. Keep communication simple