3 New Stick Strategies Your Business Can't Live Without A Genius Morning with Alex Mandossian

20 Jul 2023 · 55 min
55:23

Transcript of a Genius Network presentation by Alex Mandossian (with comments from Joe Polish, Gina, Paul Colligan, Lee Benson, Adrienne Tesene). Core claim: businesses should prioritize "stick strategies" — fulfillment and onboarding — to increase customer lifetime value and profit with zero ad cost. Mandossian defines two business divisions ("pimping" = acquiring customers, "pampering" = fulfilling them), argues onboarding is the single most important touch point, and gives a three-part onboarding formula (clarify client intention, explain purpose, deliver strategy) plus a concierge and micro-tactics (Telegram groups, welcome gifts, member-focused experiences). Examples and anecdotes (Lufthansa touchpoints, Jay Abraham’s three growth levers, Amazon's recommendation/review stick tactics) are used to illustrate the points.

Questions this video answers

Pimping (acquisition) and pampering (fulfillment).

Onboarding — the first touch after they order.

Intention (what the client wants), Purpose (why the journey matters), Strategy (how to maximize it) — plus assign a concierge.

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