Competitions

CAT Prep

Upskill

Placements

MBA Co'26

RTI Response

Rankings

Score Vs. %ile

Salaries

Campus Tour

Work On Customer's Pain Points, Create Value And Win Loyalty - Strategy With RS

Jun 23, 2017 | 2 minutes |

Join InsideIIM GOLD

Webinars & Workshops

Compare B-Schools

Free CAT Course

Take Free Mock Tests

Upskill With AltUni

CAT Study Planner

1 Day to CAT 2024 (All the best)

Participants: 36

Final 2 Days to CAT 2024 Test-44

Participants: 385

Final 3 Days to CAT 2024 Test-43

Participants: 319

Final 4 Days to CAT 2024 Test-42

Participants: 355

Final 5 Days to CAT 2024 Test-41

Participants: 372

Final 6 Days to CAT 2024 Test-40

Participants: 351

Final 7 Days to CAT 2024 Test-39

Participants: 345

Final 8 Days to CAT 2024 Test-38

Participants: 317

Final 9 Days to CAT 2024 Test-37

Participants: 328

Final 10 Days to CAT 2024 Test-36

Participants: 290

Final 11 Days to CAT 2024 Test-35

Participants: 508

Final 12 Days to CAT 2024 Test-34

Participants: 336

Final 13 Days to CAT 2024 Test-33

Participants: 298

Final 14 Days to CAT 2024 Test-32

Participants: 279

Final 15 Days to CAT 2024 Test-31

Participants: 367

Final 16 Days to CAT 2024 Test-30

Participants: 298

Final 17 Days to CAT 2024 Test-29

Participants: 312

Final 18 Days to CAT 2024 Test-28

Participants: 343

Final 19 Days to CAT 2024 Test-26

Participants: 338

Final 20 Days to CAT 2024 Test-26

Participants: 307

Final 21 Days to CAT 2024 Test-25

Participants: 253

Final 22 Days to CAT 2024 Test-24

Participants: 268

Final 23 Days to CAT 2024 Test-23

Participants: 180

Final 24 Days to CAT 2024 Test-22

Participants: 227

Final 25 Days to CAT 2024 Test-21

Participants: 226

Final 26 Days to CAT 2024 Test-20

Participants: 278

Final 27 Days to CAT 2024 Test-19

Participants: 233

Final 28 Days to CAT 2024 Test-18

Participants: 235

Final 29 Days to CAT 2024 Test-17

Participants: 247

Final 30 Days to CAT 2024 Test-16

Participants: 284

What are the problems that you face when you are shopping for fashion clothes? Trying them out in a tiny trial room, under artificial lights and being under pressure to vacate it fast because other shoppers are waiting for their turn. Result: When you try them at home, you get a sinking feeling that you may have made a wrong selection. Amazon has decided to address this pain point by launching a new service called Prime Wardrobe that lets customers try on clothes at home before they pay for it and return what they decide not to keep. Currently, this service is being beta tested in the USA and is available for its Prime Customers, at no extra charge. This is how it works: When a Prime member is shopping on Amazon Fashion, she should look for the ‘Prime Wardrobe' logo. Now she can choose 3 or more items from the millions of items that are available to choose from! The chosen items will be shipped for free. After the Prime Wardrobe arrives at the doorstep she has 7 days to try out her selection and keep what she likes; the rest can be put back in the 'return ready' box; stick the pre-gummed and prepaid label and keep it at her doorstep. It will be picked up for free. How does Amazon encourage her to keep her entire selection – by offering a discount - the more she keeps the more discount she will get – up to 20% off on the order. Bottom-line: Observe your customer's pain points that they are experiencing from the existing best solution and then design a system which will either reduce or eliminate the pain points. If you can do this successfully, you would create value for your customers and win their loyalty. In the process, you would have imbibed the DNA of how successful companies create value for their customers.