The Delighted Customers Podcast with Mark Slatin

#57: The Four Factors of Trust: How Organizations Can Earn Lifelong Loyalty with author Ashley Reichheld


Listen Later

Did you know that trusted companies outperform their peers by up to 400%? That customers who trust a brand are 88% more likely to buy again? And that 79% of employees who trust their employer who trust their employer are more motivated to work(and less likely to leave)? The importance of trust is at an all-time high - just as our inclination to trust is at an all time low, Join me and my special guest, Deloitte Digital Principle and co-author of the new book, The Four Factors of Trust for this episode of the Delighted Customers Podcast. We discuss the link between trust and customer loyalty including:

  • How her scientific research unveiled four trust factors
  • Why despite being universally recognized by employees as important, it's still a gap in most companies
  • The tool that she and the co-author created, Trust ID and how it helps benchmark the 4 factors
  • Interventions needed for low trust scores

PS - Yes there is a family relationship to the other Reichheld in the CX world : ) Meet Ashley Ashley is deeply passionate about making the experiences people have with companies feel more human and has spent nearly 20 years helping her clients reimagine brands and experiences. Ashley believes that building trust is the single greatest opportunity to create a competitive advantage. So she created the TrustID™ –a groundbreaking measurement tool poised to become the gold standard for evaluating organizational performance—to help companies measure, predict, and build trust with their customers, workforce, and partners. Ashley is the Wall Street Journal Best-Seller author of The Four Factors of Trust. After graduating from Wellesley College, Ashley has lived, worked or visited nearly every continent and over forty countries, building a strong sense of global citizenship. Ashley’s work and ideas have been featured in many publications and conferences, such as HBR, Bloomberg TV, SMR, The Wall Street Journal, AdWeek, Dreamforce, CES, and Fortune's Most Powerful Women, amongst others.

 Contact: [email protected] 

 

 

Subscribe to The Delighted Customer Podcast so you don't miss an episode: https://www.empoweredcx.com/podcast

Subscribe to The Delighted Customer Newsletter for practical tips and insights: https://www.empoweredcx.com/delightedcustomersnewsletter

...more
View all episodesView all episodes
Download on the App Store

The Delighted Customers Podcast with Mark SlatinBy Mark Slatin | The Agile Brand

  • 5
  • 5
  • 5
  • 5
  • 5

5

28 ratings


More shows like The Delighted Customers Podcast with Mark Slatin

View all
HBR IdeaCast by Harvard Business Review

HBR IdeaCast

1,866 Listeners

The Best of Car Talk by NPR

The Best of Car Talk

16,544 Listeners

Stuff You Should Know by iHeartPodcasts

Stuff You Should Know

78,168 Listeners

The Look & Sound of Leadership by Essential Communications - Tom Henschel

The Look & Sound of Leadership

1,172 Listeners

Freakonomics Radio by Freakonomics Radio + Stitcher

Freakonomics Radio

32,157 Listeners

Coaching for Leaders by Dave Stachowiak

Coaching for Leaders

1,468 Listeners

The Learning Leader Show With Ryan Hawk by Ryan Hawk

The Learning Leader Show With Ryan Hawk

1,295 Listeners

Pivot by New York Magazine

Pivot

9,339 Listeners

How I Built This with Guy Raz by Guy Raz | Wondery

How I Built This with Guy Raz

30,233 Listeners

The Agile Brand with Greg Kihlström®: Expert Mode Marketing Technology, AI, & CX by The Agile Brand

The Agile Brand with Greg Kihlström®: Expert Mode Marketing Technology, AI, & CX

108 Listeners

The Journal. by The Wall Street Journal & Spotify Studios

The Journal.

5,941 Listeners

All-In with Chamath, Jason, Sacks & Friedberg by All-In Podcast, LLC

All-In with Chamath, Jason, Sacks & Friedberg

9,305 Listeners

A Bit of Optimism by Simon Sinek

A Bit of Optimism

2,168 Listeners

Coaching Real Leaders by Harvard Business Review / Muriel Wilkins

Coaching Real Leaders

641 Listeners

Doing Customer Experience Right‬ with Stacy Sherman by Doing CX Right®‬

Doing Customer Experience Right‬ with Stacy Sherman

53 Listeners

HBR On Leadership by Harvard Business Review

HBR On Leadership

162 Listeners

The Innovation Economy with Arlington Economic Development by The Agile Brand

The Innovation Economy with Arlington Economic Development

25 Listeners

B2B Agility with Greg Kihlström™: MarTech, E-Commerce, & Customer Success by The Agile Brand

B2B Agility with Greg Kihlström™: MarTech, E-Commerce, & Customer Success

36 Listeners

The Composable Roadmap with Chad Solomonson by The Agile Brand

The Composable Roadmap with Chad Solomonson

22 Listeners