Traditional loyalty is undergoing dramatic change. This is the "Era of Free Agency"  across every element of society. People are conditioned to change and they act on this impulse with ever-increasing enthusiasm.



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Insightful Articles


5/30/2012

Is there a product, service, cause, company or organization that can be certain their customers or supporters will still be with them tomorrow, or next week, or next year? At one point both GM and Budweiser commanded more than 50% of the US market.  GM is now around 17% and Budweiser has experienced declining sales for 23 consecutive years.

Understanding loyalty is more challenging today than ever before.  In virtually every aspect of life today, change is the one constant.  The evidence is all around us: 

Nearly four in ten Americans change their religious affiliation at least once in their lifetime;

Throughout the 20th century, the state of West Virginia was a solid lock for the Democratic party - in the 2012 election President Obama won't even bother to visit the state because he has no chance of winning;

From 1947 through 1972 African Americans went from 0% representation in the Major Leagues to 27%. Since 1972 the ratio has fallen from 27% to 10%;

Marriage is an institution in peril.  In 1960, 66 percent of people in their 20s were married; today the number is roughly 25 percent.

It would be logical to look at numbers like these and conclude that loyalty is dead. It's not the case, but loyalty has been redefined and those organizations that understand this phenomenon will have a tremendous competitive advantage.


 

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11/30/2012

The little yellow box is still golden: that, itself, is a lesson to the buyers of Kodak’s film business: Don’t neglect the equity in that box. Read this Washington Post article for more lessons on loyalty. 

8/29/2012
Back-to-college shopping, including school supplies, laptop computers and dorm decor, are now a $50 billion annual business. Students are now outfitting their dorm rooms with flat screen TVs, drapes and designer furniture according to this article from the New York Times
7/19/2012
The combination of decreased interest in golf and a declining market for luxury homes has hurt luxury golf communities. Some lots in these once-pricey communities are selling for $1, according to this Wall Street Journal article.
5/30/2012
This New York Times article investigates the changing characteristics of doctors: many more doctors today are taking jobs in hospitals, half of all young doctors are women, and the profession's historic alliance with the Republican Party is weakening.
5/6/2012
The oldest newsmagazine on television, "60 Minutes" has added younger contributor and become active on the Web and social media. Perhaps this is why the program is bucking network TV's downward ratings trend, according to this New York Times article.
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