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How Two Companies Hooked Customers On Products They Rarely Use - Nir & Far

How Two Companies Hooked Customers On Products They Rarely Use - Nir & Far

FromNir And Far: Business, Behaviour and the Brain


How Two Companies Hooked Customers On Products They Rarely Use - Nir & Far

FromNir And Far: Business, Behaviour and the Brain

ratings:
Length:
13 minutes
Released:
Apr 17, 2017
Format:
Podcast episode

Description

Larry Page, CEO of Alphabet (the company formerly known as Google), has a quirky way of deciding which companies he likes. It’s called “The Toothbrush Test.” According to the New York Times, when Page looks at a potential company to acquire, he wants to know if the product is, like a toothbrush, “something you will use once or twice a day.”
Page clearly understands habits. As I wrote in my book, “Hooked: How to Build Habit-Forming Products,” frequently used products form sticky customer habits. But what if your product doesn’t pass Page’s Toothbrush Test? Perhaps you’d like people to use your product or service frequently, but it just doesn’t make sense to do so.
You can read the Nir and Far blog post on:  How Two Companies Hooked Customers On Products They Rarely Use https://www.nirandfar.com/2016/09/hooked-customers.html

Nir & Far, a podcast about business, behaviour and the brain by Nir Eyal. If you enjoy this podcast, please subscribe on iTunes and leave an iTunes review. It will greatly help new listeners discover the show. Please visit my website Nir and Far for other info about my writing, books and teaching: http://www.nirandfar.com/


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Support this podcast: https://anchor.fm/nirandfar/support
Released:
Apr 17, 2017
Format:
Podcast episode

Titles in the series (100)

Nir And Far, a podcast about business, behaviour and the brain by Nir Eyal. Support this podcast: https://anchor.fm/nirandfar/support