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Wells Fargo: They Should Do This

Beyond Philosophy

The San Francisco-based bank, whose employees opened many fraudulent and unauthorized accounts in their customers’ name, now enjoys the dubious honor of shouldering the most substantial penalty the agency has issued since its formation in 2011. million deposit accounts and over 500,000 credit accounts in all.

Banking 352
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Want More Sales? Give All Your Money Away!

Beyond Philosophy

In 2011, it ran a full-page newspaper ad telling people NOT to buy its jacket because consumption of goods causes environmental degradation. In our customer experience consultancy, we help companies design a customer experience that that fosters customer loyalty and engagement by taking customers’ emotional behavior into account.

Sales 353
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Losing Customers Trust is the Worst Penalty VW Will Face

Beyond Philosophy

Even worse, according to the BBC, a German newspaper reported that they were told by one of their engineers at a part supplier in 2011 that this emissions test was a problem. which accounts for only about 6% of global sales for the brand. Experts posit that these vehicles would emit 10 to 40% more than what shows up on the test.

Banking 406
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Who Wins – Brand Or Customer Experience?

Beyond Philosophy

Back in 2011, Boston College performed an interesting study involving everyone’s favorite energy drink, Red Bull, and the behavior it evoked in study participants. In brief, the study asked a number of participants to “drive” a car in a video game and they measured several factors, including speed, power, aggressive behavior and risk-taking.

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Facebook Fines: Is Their Culture To Blame?

Beyond Philosophy

While I do have a business account, I mostly used it to interact with friends and family. User Privacy concerns came to a head in 2011, when the Federal Trade Commission (FTC) accused them of not upholding their privacy policy of sharing private information publicly.

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8 Worst Mistakes You Don’t Want to repeat!

Beyond Philosophy

Back in 2011, right after the huge bailout American taxpayers gave Bank of America (B of A) and other large financial institutions deemed “too big to fail”, the bank announced they would charge a $5 monthly fee for debit cards. The family changed cable companies and is now much happier with their service! This is one of my favorites.

Airlines 274
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Guest Blog: Reasons Why Eco-entrepreneurs Succeed in Winning Customer Loyalty

ShepHyken

This was 10 percentage points higher as compared to a similar survey conducted in 2011. Consequently, the number of consumers that take into account eco-friendly minded businesses when shopping has significantly gone up. Although most entrepreneurs mainly consider benefits that are associated with cost, there is so much more.

Surveys 223