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Better Value; Better Business
Alexandra Stacey
18 episodes
8 months ago

Welcome to "Better Value; Better Business," the podcast that helps you optimize value across your organization. In today's fast-paced world, businesses must deliver quickly, but so can their competitors. We risk going down the wrong path without a way to turn back.

Instead of becoming efficient at the wrong things, let's prioritize doing the right things right the first time. This podcast explores how to maximize value in customer, employee, and stakeholder experiences. Gain insights into different scenarios and apply them to purchasing, sales, recruitment, team-building, customer retention, and audience perception management.

Join us as we share strategies for making the right choices and improving your business. Discover the secrets to better value and how they can transform your organization. Tune in to "Better Value; Better Business" and unlock success in less time.



Hosted on Acast. See acast.com/privacy for more information.

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Entrepreneurship
Business,
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Business News
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All content for Better Value; Better Business is the property of Alexandra Stacey and is served directly from their servers with no modification, redirects, or rehosting. The podcast is not affiliated with or endorsed by Podjoint in any way.

Welcome to "Better Value; Better Business," the podcast that helps you optimize value across your organization. In today's fast-paced world, businesses must deliver quickly, but so can their competitors. We risk going down the wrong path without a way to turn back.

Instead of becoming efficient at the wrong things, let's prioritize doing the right things right the first time. This podcast explores how to maximize value in customer, employee, and stakeholder experiences. Gain insights into different scenarios and apply them to purchasing, sales, recruitment, team-building, customer retention, and audience perception management.

Join us as we share strategies for making the right choices and improving your business. Discover the secrets to better value and how they can transform your organization. Tune in to "Better Value; Better Business" and unlock success in less time.



Hosted on Acast. See acast.com/privacy for more information.

Show more...
Entrepreneurship
Business,
News,
Business News
Episodes (18/18)
Better Value; Better Business
Conformity, the Past, the Future and AI

This week on the show, Alex is looking at healthy practices and behaviours an organisation can adopt at societal level to function at a high standard. Alex has recently completed a study on the effects of home working during lockdown and has done further research into the evolution of conformance. Looking at these two areas she has developed theories about how and why humans operate the way they do in organisations. She shares her learnings here, that are underscored by the big question - sare social norms genetic or are they a product of nurture.

KEY TAKEAWAYS

  • Conformance can come about through two different means, voluntary or compliance. Alex details the difference between these two approaches and how they operate in society and how they have evolved over time.
  • Alex recently concluded a study of people's perception of working from home during lockdown and how that affected their conformance, she explains her findings here. 
  • Alex shares the finding of her recent study into the evolution of conformance and how early humans developed strategies that may have been passed down genetically and how we are now living with those consequences. 
  • Everybody dreams of not working for a living and having enough money to do whatever they want, but Alex argues that if we evolved to seek high status then this would not be a happy life. So, how can employers use this knowledge to motivate their employees?

BEST MOMENTS

“The need to seek status and appreciation is incredibly common, in all walks of life.”

“What if the meaning of our lives is to be a giver? That’s what science suggests we have evolved into.”

“Employers should understand that money is only the compliance part of the equation and that recognition or status and contributions is equally important to employees.”

 

EPISODE RESOURCES

Alex’s Website:  www.as-insights.com 

Alex’s Instagram: www.instagram.com/alexvci   

Alex’s Linkedin : www.linkedin.com/in/alexandrastacey 

Alex’s email: info@as-insights.com  

 

ABOUT THE HOST

Alexandra Stacey is fascinated about value and our perceptions of value. She undertook an MSC in Strategic Marketing and Customer Experience Management with the University of Buckingham’s Business School and her dissertation included how value is experienced. Her own life experience includes being a parent, marketer, teacher, project and events manager and musician.  She is the founder of AS Insights. This is a business that helps organisations improve through uncovering their stakeholder’s experiences interpreting them through behavioural theories.

PODCAST DESCRIPTION

In today’s world businesses and organisations are able to deliver things much more quickly at the touch of a button than 15 years ago. And our competitors can too.

We are in danger of escalating  journeys down the wrong track and be too far gone to retrieve them. 

Wouldn’t it be so much better to do the right thing right first time instead of becoming very efficient at doing the wrong thing? 

Well this is what this podcast is about. It is about optimising value in your customer or employee or stakeholder experience in different manifestations. You get to understand how we think and behave in different scenarios and can apply them to your own purchasing, sales, recruitment, team-building, customer retention and audience perception management.



Hosted on Acast. See acast.com/privacy for more information.

Show more...
1 year ago
10 minutes 44 seconds

Better Value; Better Business
Remote Working

This week Alex is joined by guest Ellie Gill. After a recent post on LinkedIn around the advantages of remote working, Alex and Ellie started a conversation about the disadvantages. In this interview the ladies discuss the downside of remote working, from not being involved in the company culture to missing out on the shared experiences that come from working every day with your colleagues. 

KEY TAKEAWAYS

  • Ellie talks about how the new trend in remote working may affect the younger generation, such as missing out on how to behave in a professional environment. 
  • Alex discusses how working in an office can lead to a sense of belonging and help you to align better with the organisational culture. 
  • Ellie talks about her early career in sales, working in a high paced high pressure environment, and how the comradery with her co workers helped her prevail. 
  • Ellie and Alex discuss the difficulties with onboard new employees in remote companies. 

BEST MOMENTS
“Working with people on a video call just isn’t the same as being there in the business environment.”
“Working in an office based environment early in your career can help shape your career trajectory.”
“People who work remotely haven’t got colleagues to help them when they have a bad day, they haven’t got that shared experience, which can develop you in so many ways.”

 

EPISODE RESOURCES
Alex’s Website
Alex’s Instagram 
Alex’s Linkedin 
Alex’s email

ABOUT THE HOST
Alexandra Stacey is fascinated about value and our perceptions of value. She undertook an MSC in Strategic Marketing and Customer Experience Management with the University of Buckingham’s Business School and her dissertation included how value is experienced. Her own life experience includes being a parent, marketer, teacher, project and events manager and musician. She is the founder of AS Insights. This is a business that helps organisations improve through uncovering their stakeholder’s experiences interpreting them through behavioural theories.

PODCAST DESCRIPTION
In today’s world businesses and organisations are able to deliver things much more quickly at the touch of a button than 15 years ago. And our competitors can too.
We are in danger of escalating journeys down the wrong track and being too far gone to retrieve them. 
Wouldn’t it be so much better to do the right thing right first time instead of becoming very efficient at doing the wrong thing? 
Well this is what this podcast is about. It is about optimising value in your customer or employee or stakeholder experience in different manifestations. You get to understand how we think and behave in different scenarios and can apply them to your own purchasing, sales, recruitment, team-building, customer retention and audience perception management.



Hosted on Acast. See acast.com/privacy for more information.

Show more...
2 years ago
14 minutes 49 seconds

Better Value; Better Business
Exploring the Shift to Experience-Based Value in Business

    In this episode of the Better Value, Better Business podcast, Alex explores the changing landscape of products and services in the digital age. Drawing inspiration from books, articles, and a Forbes magazine article, Alex discusses how the traditional value chain model is being disrupted by information technology and the internet. She highlights the shift towards customer-centric experiences and the importance of collaboration and integration between businesses and customers. Alex also delves into the concept of confidential computing and its potential to enable secure data sharing and collaboration without compromising privacy or security. 

    KEY TAKEAWAYS

    • The traditional value chain model, where a firm creates value and passes it down to consumers, is being disrupted by information technology and the internet.

    • Consumers now have access to more information, transparency, and potential customers, which has led to a shift in their expectations and desires for personalized experiences.

    • Businesses need to adapt to this new paradigm by focusing on co-creating value with customers and integrating resources with other businesses to provide convenient and personalised experiences.

    • The four dimensions of dialogue, access, risk assessment, and transparency (DART) are crucial building blocks for creating these new experiences and forming trust with customers.

    • The emergence of technologies like confidential computing and smart contracts allows businesses to partner and collaborate while maintaining privacy and security, opening up new possibilities for value creation.

    BEST MOMENTS

    "The traditional thinking of value has been that a firm creates value… The value is passed down step by step through wholesalers, resellers or dealerships or showrooms, eventually to the customer." 

    "We are going through a customer experience-focused revolution where the customer wants to interact and control their experiences to ultimately personalize them within their own networks." 

    "A firm no longer owns the value and passes it on to the consumer. The consumer now gets value at an intersecting node between the suppliers sharing their resources." 

    "The most promising potential for confidential computing is to allow businesses to partner and collaborate using generalized smart contracts." 

    "The internet has transformed the possibilities of our experiences. Consumers integrate resources with each other, businesses integrate with customers, businesses integrate resources with other businesses." 

    Alex’s Website:  www.as-insights.com 

    Alex’s Instagram: www.instagram.com/alexvci   

    Alex’s Linkedin : www.linkedin.com/in/alexandrastacey 

    Alex’s email: info@as-insights.com 



    Hosted on Acast. See acast.com/privacy for more information.

    Show more...
    2 years ago
    17 minutes 19 seconds

    Better Value; Better Business
    Harnessing Social Norms For Business Success

    This week on the podcast host Alex Stacey is looking at Social Norms. What are social norms and why do we adhere to them? How have they changed over time? What happens if you go against them and how can businesses capitalise on and modify them to add better value to their services and for their customers?

    KEY TAKEAWAYS

    • Alex breaks down what social norms are, how they constantly develop over time and how businesses that are quick to respond to them can profit. 
    • Alex talks about why social norms exist and why people follow them without question.
    • Alex discusses the idea of using social proof, such as photographs or statistics to help modify people's behaviour toward new social norms.
    • Alex talks about the challenges businesses face when trying to change social norms as people are so entrenched in existing behaviour. 

    BEST MOMENTS
    “Social norms are a society level agreement on how to behave in certain situations.”
    “If you go against social norms you are seen as an outsider, and if you turn out to be right, the group will turn against you.”
    “Adhering to social norms means that individuals save cognitive effort by following the crowd.”

    EPISODE RESOURCES
    Alex’s Website:  www.as-insights.com
    Alex’s Instagram: www.instagram.com/alexvci   
    Alex’s Linkedin : www.linkedin.com/in/alexandrastacey
    Alex’s email: info@as-insights.com 

    ABOUT THE HOST
    Alexandra Stacey is fascinated about value and our perceptions of value. She undertook an MSC in Strategic Marketing and Customer Experience Management with the University of Buckingham’s Business School and her dissertation included how value is experienced. Her own life experience includes being a parent, marketer, teacher, project and events manager and musician.  She is the founder of AS Insights. This is a business that helps organisations improve through uncovering their stakeholder’s experiences interpreting them through behavioural theories.

    PODCAST DESCRIPTION
    In today’s world businesses and organisations are able to deliver things much more quickly at the touch of a button than 15 years ago. And our competitors can too.
    We are in danger of escalating  journeys down the wrong track and being too far gone to retrieve them.
    Wouldn’t it be so much better to do the right thing right first time instead of becoming very efficient at doing the wrong thing?
    Well this is what this podcast is about. It is about optimising value in your customer or employee or stakeholder experience in different manifestations. You get to understand how we think and behave in different scenarios and can apply them to your own purchasing, sales, recruitment, team-building, customer retention and audience perception management.



    Hosted on Acast. See acast.com/privacy for more information.

    Show more...
    2 years ago
    15 minutes 26 seconds

    Better Value; Better Business
    How Time Affects Our Productivity And Energy - with Mark Kreling

    This week Alex is looking at time and how this is affected by our daily rhythms and energy levels. Joining Alex is Mark Kreling Director of Fenland District Brokers Ltd. When Mark launched a new insurance product he noticed some unusual patterns in the times that customers were engaging online. He researched this phenomenon and his conclusions allowed him to modify his business to offer greater value to his customers.

    KEY TAKEAWAYS 

    • Alex talks about how, when we are tired, our decisions are based on our system one thinking method, which is low effort.
    • Alex talks about the differences in how sales methods are structured to appeal to our system one and system two thinking methods.
    • Mark goes into detail about his insurance products and how he noticed a spike in customer engagement in the early hours of the morning, when people had woken up after only a few hours sleep.
    • Mark talks about how his business has adapted to make sure people can get the information they need any time of the day after he noticed a spike in engagements during the night.

    BEST MOMENTS

    “We have the most cognitive energy after a good night's sleep and then it diminishes during the day.”

    “When our energy is low we are susceptible to framing of sales messages in fun and pleasure terms.”

    “When we think about problems in the middle of the night they become a lot more prominent and people are more determined to find solutions for them.” 

    EPISODE RESOURCES

    Alex’s Website:  www.as-insights.com

    Alex’s Instagram: www.instagram.com/alexvci   

    Alex’s Linkedin : www.linkedin.com/in/alexandrastacey

    Alex’s email: info@as-insights.com 

    ABOUT THE HOST

    Alexandra Stacey is fascinated about value and our perceptions of value. She undertook an MSC in Strategic Marketing and Customer Experience Management with the University of Buckingham’s Business School and her dissertation included how value is experienced. Her own life experience includes being a parent, marketer, teacher, project and events manager and musician.  She is the founder of AS Insights. This is a business that helps organisations improve through uncovering their stakeholder’s experiences interpreting them through behavioural theories.

    PODCAST DESCRIPTION

    In today’s world businesses and organisations are able to deliver things much more quickly at the touch of a button than 15 years ago. And our competitors can too.

    We are in danger of escalating  journeys down the wrong track and be too far gone to retrieve them.

    Wouldn’t it be so much better to do the right thing right first time instead of becoming very efficient at doing the wrong thing?

    Well this is what this podcast is about. It is about optimising value in your customer or employee or stakeholder experience in different manifestations. You get to understand how we think and behave in different scenarios and can apply them to your own purchasing, sales, recruitment, team-building, customer retention and audience perception management.



    Hosted on Acast. See acast.com/privacy for more information.

    Show more...
    2 years ago
    12 minutes 38 seconds

    Better Value; Better Business
    Shifting Timelines: How Customer Perceptions of Time Shape Modern Business

    This week on the show Alex is joined by Sarah Evans-Howe. Sarah is a lecturer at the University of Buckingham business school and recently produced a PHD on customer perceptions of temporality. In this interview Sarah and Alex explore the perception of time and the effects it has on customer behaviour.

    KEY TAKEAWAYS

    • Sarah talks about how the methods of customer complaints have changed over the years and how complaining is now a lot more immediate due to social media.
    • Sarah describes the four ways she has discovered consumers perceive time, as an entity, as a passage of time, an experience of now and as a memory or vision of the future.
    • Through her research Sarah discovered that companies are quicker to deal with complaints as now most of them are public through the use of social media.
    • Sarah talks about the trend in people recording events on mobile phones as opposed to experiencing them first hand and why she thinks this might be because people trust their devices more than their own memories. 

     

    BEST MOMENTS

    “Companies want to solve problems quickly so they can take them off social media and the public don’t see them.”

    “A lot of customers perceive that social media provides solutions to the temporal problem that they have.”

    “We expect speed to be appropriate but our own judgement of what speed is alters by context.”

     

    EPISODE RESOURCES

    Alex’s Website:  www.as-insights.com 

    Alex’s Instagram: www.instagram.com/alexvci   

    Alex’s Linkedin : www.linkedin.com/in/alexandrastacey 

    Alex’s email: info@as-insights.com  

     

    ABOUT THE HOST

    Alexandra Stacey is fascinated about value and our perceptions of value. She undertook an MSC in Strategic Marketing and Customer Experience Management with the University of Buckingham’s Business School and her dissertation included how value is experienced. Her own life experience includes being a parent, marketer, teacher, project and events manager and musician.  She is the founder of AS Insights. This is a business that helps organisations improve through uncovering their stakeholder’s experiences interpreting them through behavioural theories.



    Hosted on Acast. See acast.com/privacy for more information.

    Show more...
    2 years ago
    34 minutes 17 seconds

    Better Value; Better Business
    Time

    This week on the show Alex talks about the most valuable commodity, time. Looking at different definitions of time, how we perceive time, how consumers perceive time and how we value time in comparison to other commodities, Alex helps you to understand the importance of time and how you can understand it to add better value to your business. 

    KEY TAKEAWAYS

    • Alex discusses the phrase ‘Time is Money’ and looks at examples of this as both a true statement and an untrue statement.
    • Alex discusses the value of time amongst people from different economic backgrounds and how each of those groups value time differently.
    • Alex discusses the evolution of human understanding of time from ancient Roman times to modern day.
    • Alex talks about the attentional resource allocation model and how attention and other components dictate the way an individual perceives time. 

    BEST MOMENTS

    “As a business owner you need to know what are your customers attitudes to time.”

    “Consumers are risk averse when making time related decisions as opposed to money related decisions.”

    “Life, if well lived, is long enough.”

    EPISODE RESOURCES

    Alex’s Website:  www.as-insights.com 

    Alex’s Instagram: www.instagram.com/alexvci   

    Alex’s Linkedin : www.linkedin.com/in/alexandrastacey 

    Alex’s email: info@as-insights.com  

    ABOUT THE HOST

    Alexandra Stacey is fascinated about value and our perceptions of value. She undertook an MSC in Strategic Marketing and Customer Experience Management with the University of Buckingham’s Business School and her dissertation included how value is experienced. Her own life experience includes being a parent, marketer, teacher, project and events manager and musician.  She is the founder of AS Insights. This is a business that helps organisations improve through uncovering their stakeholder’s experiences interpreting them through behavioural theories.

     

     



    Hosted on Acast. See acast.com/privacy for more information.

    Show more...
    2 years ago
    15 minutes 58 seconds

    Better Value; Better Business
    Value Destruction

    In this episode of the Better Value Better Business podcast, host Alex Stacey is taking a look at value creation through the lens of value destruction. There are many ways a consumer and a business can destroy value in products and services and this can, in turn, have catastrophic effects in the short and long term. Join Alex as she explains this principle in detail and how you can learn from the mistakes of others. 

    KEY TAKEAWAYS

    • Alex talks about value destruction through the Covid pandemic and how many consumers had to look elsewhere to find the enjoyment they previously received from products and services.
    • Value can also be destroyed when a provider changes their working methods, such as a local business moving to a cashless system.
    • Alex talks about how value can be destroyed via a deliberate withholding of resources from either the provider or the consumer and how this can have an effect on third parties.
    • Alex talks about the other ways value can be destroyed such as through laziness, carelessness, malice or deception. And how, sometimes, this may be the behaviour of one individual in an organisation but the effects are felt far and wide. 

    BEST MOMENTS 

    “Value deconstruction can be accidental or deliberate in terms of accessible resources.”

    “Value destruction does not just come from consumers but can manifest internally within organisations.”

    “The knock on effect of value destruction is the damage to culture and performance.”

     

    EPISODE RESOURCES

    Alex’s Website:  www.as-insights.com

    Alex’s Instagram: www.instagram.com/alexvci   

    Alex’s Linkedin : www.linkedin.com/in/alexandrastacey

    Alex’s email: info@as-insights.com 

    ABOUT THE HOST

    Alexandra Stacey is fascinated about value and our perceptions of value. She undertook an MSC in Strategic Marketing and Customer Experience Management with the University of Buckingham’s Business School and her dissertation included how value is experienced. Her own life experience includes being a parent, marketer, teacher, project and events manager and musician.  She is the founder of AS Insights. This is a business that helps organisations improve through uncovering their stakeholder’s experiences interpreting them through behavioural theories.

     

     



    Hosted on Acast. See acast.com/privacy for more information.

    Show more...
    2 years ago
    15 minutes 40 seconds

    Better Value; Better Business
    Unlocking Customer Satisfaction: The Role of Frontline Employees with Emily Potts

    Alex is joined by business coach and culture design consultant Emily Potts to discuss how organisations can create customer satisfaction. However, it might not just be achieved by offering a great service or product. Have you ever thought about how the performance of your staff contributes to the satisfaction of your customers? Tune in and let the ladies guide you through the steps you need to increase customer satisfaction. 

     

    KEY TAKEAWAYS

    • Alex talks about frontline employees and how much an organisation relies upon them, as they are always the first point of contact for our customers and an integral factor in whether or not our customers are satisfied. But did you know, as their experience grows, their enthusiasm often diminishes. 
    • Alex defines psychological safety and how it can, and does, affect how your employees behave at work, and in turn, how this affects the satisfaction of your customers. 
    • Alex’s guest, Emily, talks about the importance of company culture and how, if anything, it is the most important factor in attaining a successful business. She breaks down what she believes to be the most important factors that contribute to a high performance culture. 
    • What makes a good leader? Alex and Emily discuss this question as they share positive experiences from their past and identify common elements that they see in all good leaders and the effect these traits have on the company employee’s.

     

    BEST MOMENTS

    “Using an arrow as a metaphor for company culture. The tip of the arrow is the strategy, the shaft is the performance and the feathers are the culture. Get the feathers wrong and the arrow goes nowhere.” 

    “Can you map your company culture onto one page? Try it, it might help you communicate your vision easier and clearer.”

     “Clear communication is the fastest, simplest way that you can improve your company's culture.”

     

     

    EPISODE RESOURCES

    Alex’s Website:  www.as-insights.com 

    Alex’s Instagram: www.instagram.com/alexvci   

    Alex’s Linkedin : www.linkedin.com/in/alexandrastacey 

    Alex’s email: info@as-insights.com  

    Emily’s LinkedIn: https://www.linkedin.com/in/emily-potts-coach/

     

    ABOUT THE GUEST 

    Emily is a business coach and culture design consultant with a special interest in enabling successful and sustainable growth in SMEs.

    With 18 years of experience as a business owner and a background in management consultancy she has first-hand experience of the challenges that come with scaling and growing a successful business.

    After successfully selling her online retail business in 2017, she became a qualified coach and mentor so that she could bring together the three strands of her consulting, mentoring and coaching experience to help other business owners living through all the same challenges that she had experienced and learnt from; supporting them to scale their business successfully, sustainably and with less stress.

    Emily particularly loves supporting business owners to navigate the challenges in taking their business from the £500k to £1million+ mark through creating successful business strategies and the means to deliver them via healthy and high performing cultures and teams.

    When Emily is not hanging out with other business owners discovering what makes them and their business tick, she loves spending time in the outdoors with her husband and two teenagers and playing the bassoon in local orchestras.

     

    ABOUT THE HOST

    Alexandra Stacey is fascinated about value and our perceptions of value. She undertook an MSC in Strategic Marketing and Customer Experience Management with the University of Buckingham’s Business School and her dissertation included how value is experienced. Her own life experience includes being a parent, marketer, teacher, project and events manager and musician.  She is the founder of AS Insights. This is a business that helps organisations improve through uncovering their stakeholder’s experiences interpreting them through behavioural theories.

     

    PODCAST DESCRIPTION

    In today’s world businesses and organisations are able to deliver things much more quickly at the touch of a button than 15 years ago. And our competitors can too.

    We are in danger of escalating  journeys down the wrong track and be too far gone to retrieve them. 

    Wouldn’t it be so much better to do the right thing right first time instead of becoming very efficient at doing the wrong thing? 

    Well this is what this podcast is about. It is about optimising value in your customer or employee or stakeholder experience in different manifestations. You get to understand how we think and behave in different scenarios and can apply them to your own purchasing, sales, recruitment, team-building, customer retention and audience perception management.



    Hosted on Acast. See acast.com/privacy for more information.

    Show more...
    2 years ago
    20 minutes 45 seconds

    Better Value; Better Business
    From Consumer to Service Provider: Exploring the Dynamic Relationship in the Digital Age

    This week Alex looks at what organisations should aim to do to make sure their customers have a positive experience. However, as all customer experiences are unique to the individual and rest on a number of personal, external factors, is it even possible for a company to deliver a positive experience for all? Join Alex as she shares an invaluable insight into this tantalising question. 

     

    KEY TAKEAWAYS

    • Despite the delivery of a service from an organisation, the customer experience is unique to the individual, this can be based on many factors including our taste, past experience, influences and expectations of what we will receive. 
    • Consumers are creators of their own experience. Alex highlights this by giving the example of a potato as a product and how 20 different consumers could be looking for 20 different experiences from that potato.
    • Alex discusses the idea that your consumers can become service providers themselves. She gives the example of social media and how the company provides a direct service to the user, who can then use that service to sell their own product, thus making them both a consumer and service provider. 
    • Alex goes into detail about Maslow’s Hierarchy of Needs. What do we really need? How do our essential needs impact our non essential needs, or is it the other way around? Alex breaks it down for you. 

     

    BEST MOMENTS

    “We experience the world as the main actor in the play.”

    “People want unique experiences, not services or products.”

    “To create better value, give your customers the tools they need to get the experience they desire.”

     

     

    EPISODE RESOURCES

    Alex’s Website:  www.as-insights.com 

    Alex’s Instagram: www.instagram.com/alexvci   

    Alex’s Linkedin : www.linkedin.com/in/alexandrastacey 

    Alex’s email: info@as-insights.com  

     

     

     

    ABOUT THE HOST

    Alexandra Stacey is fascinated about value and our perceptions of value. She undertook an MSC in Strategic Marketing and Customer Experience Management with the University of Buckingham’s Business School and her dissertation included how value is experienced. Her own life experience includes being a parent, marketer, teacher, project and events manager and musician.  She is the founder of AS Insights. This is a business that helps organisations improve through uncovering their stakeholder’s experiences interpreting them through behavioural theories.

     

    PODCAST DESCRIPTION

    In today’s world businesses and organisations are able to deliver things much more quickly at the touch of a button than 15 years ago. And our competitors can too.

    We are in danger of escalating  journeys down the wrong track and be too far gone to retrieve them. 

    Wouldn’t it be so much better to do the right thing right first time instead of becoming very efficient at doing the wrong thing? 

    Well this is what this podcast is about. It is about optimising value in your customer or employee or stakeholder experience in different manifestations. You get to understand how we think and behave in different scenarios and can apply them to your own purchasing, sales, recruitment, team-building, customer retention and audience perception management.



    Hosted on Acast. See acast.com/privacy for more information.

    Show more...
    2 years ago
    15 minutes 24 seconds

    Better Value; Better Business
    Perception and Feedback: Understanding the Influence on Customer Experiences

    This week Alex looks at the customer experience and how you, as an organisation, can manage it. What makes customers experience services the way they do? What factors influence their evaluation of a service? And, what tools and skills can you employ to manage their experience and make sure your customers are getting the most from your service.

     

    KEY TAKEAWAYS

    • We evaluate services through our own individual experience of them, not from what the service provider believes they are providing. To improve the experience of your customers you must look at closing the gap between what they experience and what you provide. 
    • One great way an organisation can assess their services is by asking customers to complete a questionnaire where scores are graded numerically. This provides the organisation with a clear indication of where they are performing well and where they are performing badly. 
    • Customers often judge their experience based on responsiveness from the service provider. Therefore, it is advantageous to act fast on any customer feedback.
    • Perception can also heavily influence the customer experience and, in turn, their feedback. If somebody is expecting a meal at a restaurant to be perfect, but it isn’t, this could influence their feedback to be lower than it would be if their expectations were not as high. 

     

    BEST MOMENTS

    “If you disappoint customers by not meeting their expectations you can recover. But, if you disappoint them by not meeting their basic needs, you will lose them.”

    “On average, happy customers will tell 6 people about their experience, but unhappy ones will tell 15 or more.”

    “97% of potential customers are influenced by reviews.”

     

    EPISODE RESOURCES

    Alex’s Website:  www.as-insights.com 

    Alex’s Instagram: www.instagram.com/alexvci   

    Alex’s Linkedin : www.linkedin.com/in/alexandrastacey 

    Alex’s email: info@as-insights.com 

     

    ABOUT THE HOST

    Alexandra Stacey is fascinated about value and our perceptions of value. She undertook an MSC in Strategic Marketing and Customer Experience Management with the University of Buckingham’s Business School and her dissertation included how value is experienced. Her own life experience includes being a parent, marketer, teacher, project and events manager and musician.  She is the founder of AS Insights. This is a business that helps organisations improve through uncovering their stakeholder’s experiences interpreting them through behavioural theories.

     

    PODCAST DESCRIPTION

    In today’s world businesses and organisations are able to deliver things much more quickly at the touch of a button than 15 years ago. And our competitors can too.

    We are in danger of escalating  journeys down the wrong track and be too far gone to retrieve them. 

    Wouldn’t it be so much better to do the right thing right first time instead of becoming very efficient at doing the wrong thing? 

    Well this is what this podcast is about. It is about optimising value in your customer or employee or stakeholder experience in different manifestations. You get to understand how we think and behave in different scenarios and can apply them to your own purchasing, sales, recruitment, team-building, customer retention and audience perception management.



    Hosted on Acast. See acast.com/privacy for more information.

    Show more...
    2 years ago
    18 minutes 52 seconds

    Better Value; Better Business
    Simplifying Consumer Choice: Strategies for Making Positive Decisions

    Your customers are bombarded with choice, not just by the number of products they are exposed to, but within your individual product. How do you help them make positive choices? How can you remove any negative perceptions they have about your product? And why do they make the decisions they do? Alex is here again to walk you through the process of consumer choice and give you the tools to make your customers' lives easier. 

     

     

    KEY TAKEAWAYS

    • Did you know that we don’t have most of the information we need to make effective decisions? For example, people dream of winning the lottery, but only because they are exposed to news of the winners. If they were exposed to news of all the people that played and lost, would they be as confident of winning?
    • What is a value conflict? Alex explains that consumers perceive that products have both strengths and weaknesses. Companies need to be aware of this and enact practices in their marketing to overcome the negative. Alex takes you inside the mind of the consumer so you can have the tools to better serve them.
    • Alex walks through the various models of consumer decision making and how each one influences the consumers choice and gives you the information you need to win over your customers regardless of which model applies.  
    • How do we simplify the decision making process for the consumer? Did you know there are strategies to help you do this? Luckily, Alex does, and she will share them with you so you can help your consumers make easier choices.

     

    BEST MOMENTS

    “Our brains are not wired to calculate risk.”

    “Because we view life as continuing constantly, we only notice the changes to that continuing journey. Therefore we see value as comparative rather than absolute.”

    “Organisations need to provide the mood or information the consumer needs to make decisions.”

     

     

    EPISODE RESOURCES

    Alex’s Website:  www.as-insights.com 

    Alex’s Instagram: www.instagram.com/alexvci   

    Alex’s Linkedin : www.linkedin.com/in/alexandrastacey 

    Alex’s email: info@as-insights.com 

     

    ABOUT THE HOST

    Alexandra Stacey is fascinated about value and our perceptions of value. She undertook an MSC in Strategic Marketing and Customer Experience Management with the University of Buckingham’s Business School and her dissertation included how value is experienced. Her own life experience includes being a parent, marketer, teacher, project and events manager and musician.  She is the founder of AS Insights. This is a business that helps organisations improve through uncovering their stakeholder’s experiences interpreting them through behavioural theories.

     

    PODCAST DESCRIPTION

    In today’s world businesses and organisations are able to deliver things much more quickly at the touch of a button than 15 years ago. And our competitors can too.

    We are in danger of escalating  journeys down the wrong track and be too far gone to retrieve them. 

    Wouldn’t it be so much better to do the right thing right first time instead of becoming very efficient at doing the wrong thing? 

    Well this is what this podcast is about. It is about optimising value in your customer or employee or stakeholder experience in different manifestations. You get to understand how we think and behave in different scenarios and can apply them to your own purchasing, sales, recruitment, team-building, customer retention and audience perception management.



    Hosted on Acast. See acast.com/privacy for more information.

    Show more...
    2 years ago
    12 minutes 58 seconds

    Better Value; Better Business
    The Paradox of Choice: Finding the Balance for Customer Value

    This week Alex talks about the customer journey and the problem of choice. How many touch points do you think your customers go through when they engage with your product or service? What emotions do they feel throughout this journey? What influences their decision making process? Can too many choices be a negative thing? For answers to all these questions and more, tune in and let Alex guide you as she breaks it all down and allows you to understand your customers journey in a way that will add value to your business. 

     

    KEY TAKEAWAYS

    • There are many factors that influence our attitudes, including the influence of significant people in our lives. It is important to understand our attitude and how we are influenced, especially when running a business as it will affect the choices of our staff and customers. 
    • Our attitude is also influenced by our behavioural beliefs. These are beliefs we carry that may not be true, such as “I can’t do X because of Y”. These beliefs can be limiting to our growth and it is important to challenge them.
    • Alex breaks down the customer journey into 4 simple steps. She explains them and helps you to understand how each step is processed in the mind of the customer, giving you the tools to add value to your business. 
    • Do people find it harder to make a choice when more options are available? Alex gets into this and talks about ‘preference uncertainty’ and helps you understand how you can give your customers better choices. 

     

    BEST MOMENTS

    “People don’t take notice of things they aren’t looking for.”

    “We presume higher price items are better quality.”

    “We believe that products with good reviews are better quality, but what we’re really thinking is that we will enjoy that product to the same level as someone else.”

     

     

    EPISODE RESOURCES

    Alex’s Website:  www.as-insights.com 

    Alex’s Instagram: www.instagram.com/alexvci   

    Alex’s Linkedin : www.linkedin.com/in/alexandrastacey 

    Alex’s email: info@as-insights.com 

     

    ABOUT THE HOST

    Alexandra Stacey is fascinated about value and our perceptions of value. She undertook an MSC in Strategic Marketing and Customer Experience Management with the University of Buckingham’s Business School and her dissertation included how value is experienced. Her own life experience includes being a parent, marketer, teacher, project and events manager and musician.  She is the founder of AS Insights. This is a business that helps organisations improve through uncovering their stakeholder’s experiences interpreting them through behavioural theories.

     

    PODCAST DESCRIPTION

    In today’s world businesses and organisations are able to deliver things much more quickly at the touch of a button than 15 years ago. And our competitors can too.

    We are in danger of escalating  journeys down the wrong track and be too far gone to retrieve them. 

    Wouldn’t it be so much better to do the right thing right first time instead of becoming very efficient at doing the wrong thing? 

    Well this is what this podcast is about. It is about optimising value in your customer or employee or stakeholder experience in different manifestations. You get to understand how we think and behave in different scenarios and can apply them to your own purchasing, sales, recruitment, team-building, customer retention and audience perception management.



    Hosted on Acast. See acast.com/privacy for more information.

    Show more...
    2 years ago
    15 minutes 47 seconds

    Better Value; Better Business
    Building Strong Brands: Enhancing Value in the Customer Experience

    This week Alex dives into the topic of branding. What is branding? How can you use it to add value to your organisation and the experience of your customers? What are some of the reasons behind creating a strong brand and why do we react to certain brands in certain ways? For all this and more, tune in and learn how you can add value through effective branding. 

     

    KEY TAKEAWAYS

    • Alex discusses how branding was originally thought of as a statement of legal ownership but today it has developed into a system that consumers use to identify an organisation and its perceived value. 
    • What is your market? Alex discusses the meaning behind the term ‘market’ and explores ways you can define it and create an understanding around it in order to offer your customers the best value. 
    • Alex talks about companies that offer multiple products and services and how effective branding can help if these are similar products and services or how new and fresh branding can benefit when the products and services are not similar. 
    • Consumers' decisions are influenced by personal or cultural values and as brands can represent a value system, organisations must take this into account when building their brand and look at ways to use this to add value to their customers.

     

    BEST MOMENTS

    “If you only compete on price with your competitors then you will be reduced to a race to the bottom.”

    “If you are the first thing customers think of to solve their problem, then you have a solid brand.”

    “A good brand represents the ability of your business to match a high quality product or service to the needs of the market.”

    “Brands are representations of a unique cluster of values.”

     

    EPISODE RESOURCES

    Alex’s Website:  www.as-insights.com 

    Alex’s Instagram: www.instagram.com/alexvci   

    Alex’s Linkedin : www.linkedin.com/in/alexandrastacey 

    Alex’s email: info@as-insights.com 

    ABOUT THE HOST

    Alexandra Stacey is fascinated about value and our perceptions of value. She undertook an MSC in Strategic Marketing and Customer Experience Management with the University of Buckingham’s Business School and her dissertation included how value is experienced. Her own life experience includes being a parent, marketer, teacher, project and events manager and musician.  She is the founder of AS Insights. This is a business that helps organisations improve through uncovering their stakeholder’s experiences interpreting them through behavioural theories.

     

    PODCAST DESCRIPTION

    In today’s world businesses and organisations are able to deliver things much more quickly at the touch of a button than 15 years ago. And our competitors can too.

    We are in danger of escalating  journeys down the wrong track and be too far gone to retrieve them. 

    Wouldn’t it be so much better to do the right thing right first time instead of becoming very efficient at doing the wrong thing? 

    Well this is what this podcast is about. It is about optimising value in your customer or employee or stakeholder experience in different manifestations. You get to understand how we think and behave in different scenarios and can apply them to your own purchasing, sales, recruitment, team-building, customer retention and audience perception management.



    Hosted on Acast. See acast.com/privacy for more information.

    Show more...
    2 years ago
    13 minutes 38 seconds

    Better Value; Better Business
    The Hidden Influencer: Exploring Affective Responses for Value Creation

    This week Alex looks at affective emotional responses. Have you ever wondered why you react a certain way to certain stimuli and how this reaction is always instant and feels out of our control? Alex takes us behind the science of this thinking and how you can understand and utilise it to create more value.

    KEY TAKEAWAYS

    • Affective responses are when feelings are generated in us due to external stimuli. The smell of fresh coffee, where we shop, seeing a fast car. Alex explores why we do this and what effect it has on us.
    • Alex demonstrates how a rhyme from Alice in Wonderland conjures up certain feelings, despite the fact that some of the words have no contextual meaning, but our brains react to the sound of them. 
    • An affective response can dictate our attitude. Did we form a positive response or a negative response to what we heard, saw, smelt and if so, why?
    • Strong and valuable brands understand that it is important to create positive affective responses. Alex explains this theory and offers an insight into how you can adopt positive practices to add value. 

     

    BEST MOMENTS

    “Our reactions are caused by affective responses, something we have little control over.”

    “Our actions are triggered by our affective systems.”

    “Your customers and staff are constantly influenced by their affective systems, understanding this allows you to create an environment for more positive responses.”

     

    EPISODE RESOURCES

    Alex’s Website:  www.as-insights.com 

    Alex’s Instagram: www.instagram.com/alexvci   

    Alex’s Linkedin : www.linkedin.com/in/alexandrastacey 

    Alex’s email: info@as-insights.com 

     

    ABOUT THE HOST

    Alexandra Stacey is fascinated about value and our perceptions of value. She undertook an MSC in Strategic Marketing and Customer Experience Management with the University of Buckingham’s Business School and her dissertation included how value is experienced. Her own life experience includes being a parent, marketer, teacher, project and events manager and musician.  She is the founder of AS Insights. This is a business that helps organisations improve through uncovering their stakeholder’s experiences interpreting them through behavioural theories.

     

    PODCAST DESCRIPTION

    In today’s world businesses and organisations are able to deliver things much more quickly at the touch of a button than 15 years ago. And our competitors can too.

    We are in danger of escalating  journeys down the wrong track and be too far gone to retrieve them. 

    Wouldn’t it be so much better to do the right thing right first time instead of becoming very efficient at doing the wrong thing? 

    Well this is what this podcast is about. It is about optimising value in your customer or employee or stakeholder experience in different manifestations. You get to understand how we think and behave in different scenarios and can apply them to your own purchasing, sales, recruitment, team-building, customer retention and audience perception management.



    Hosted on Acast. See acast.com/privacy for more information.

    Show more...
    2 years ago
    9 minutes 35 seconds

    Better Value; Better Business
    Effort and Perception: Understanding How Our Thinking Shapes Value

    This week Alex gets into the topic of cognition. She will look at how we can save energy and effort, the associative mind, priming, anchoring, classification and ego depletion. And how you can use these tools to add value to your business and life. 

     

    KEY TAKEAWAYS

    • There are two types of value. Economic value, which is the value we place on an item that we have exchanged for cash, and, human value, i.e. what is valuable to us and our stakeholders in emotional terms.
    • A priming effect is when our behaviour is motivated subconsciously. Alex discusses the example of a wine shop and how sales were influenced based on the music played to customers. 
    • Alex explains her reasons behind choosing the theme tune for the podcast and her hope that it would influence your expectations of the show. 
    • Alex discusses the difference between ‘System 1 Thinking’ and ‘ System 2 Thinking’ and how one mode of thinking is quick, easy and instinctual and the other requires effort on our part. And, how we often default to quick and easy thinking without exploring the other option.
    • Alex talks about colour and design and how we associate  different colours with different offers or perceptions of value and what can do to enhance the perceived value of your brand. 

     

    BEST MOMENTS

    “The brain tries to save as much energy as possible, which causes us to make decisions with little effort.”

    “Instead of using rational thinking to make decisions, we often use shortcuts instead.”

    “As humans we jump to conclusions easily and avoid doing hard work to find the truth.”

     

    EPISODE RESOURCES

    Alex’s Website:  www.as-insights.com 

    Alex’s Instagram: www.instagram.com/alexvci   

    Alex’s Linkedin : www.linkedin.com/in/alexandrastacey 

    Alex’s email: info@as-insights.com 

     

     

    ABOUT THE HOST

    Alexandra Stacey is fascinated about value and our perceptions of value. She undertook an MSC in Strategic Marketing and Customer Experience Management with the University of Buckingham’s Business School and her dissertation included how value is experienced. Her own life experience includes being a parent, marketer, teacher, project and events manager and musician.  She is the founder of AS Insights. This is a business that helps organisations improve through uncovering their stakeholder’s experiences interpreting them through behavioural theories.

     

    PODCAST DESCRIPTION

    In today’s world businesses and organisations are able to deliver things much more quickly at the touch of a button than 15 years ago. And our competitors can too.

    We are in danger of escalating  journeys down the wrong track and be too far gone to retrieve them. 

    Wouldn’t it be so much better to do the right thing right first time instead of becoming very efficient at doing the wrong thing? 

    Well this is what this podcast is about. It is about optimising value in your customer or employee or stakeholder experience in different manifestations. You get to understand how we think and behave in different scenarios and can apply them to your own purchasing, sales, recruitment, team-building, customer retention and audience perception management.



    Hosted on Acast. See acast.com/privacy for more information.

    Show more...
    2 years ago
    16 minutes 1 second

    Better Value; Better Business
    From Perception to Profit: Harnessing the Power of Value

    Host Alex Stacey welcomes you to this first episode of the Better Value, Better Business podcast. Alex graduated from the University of Buckingham’s Business School as a mature student where she wrote her dissertation on how value is experienced.  This podcast explores value, it will cover how value is perceived, created, formed by who and how. So join Alex as she takes you on this journey of discovery and gives you the tools you need to better understand value.  

     

    KEY TAKEAWAYS

    • Marketing and sales automation are powerful tools in today's world. But we must learn to use them correctly and avoid slipping into bad habits that could cost us in the log run.
    • It is important to identify what your ‘value proposition’ is, this will help guide you through the process of automation. But, as your business and goals change so will your value proposition, therefore, it is important to reevaluate it at regular intervals.
    • It is important to consider our behaviour. How do we make choices? How are we persuaded? How do we evaluate services? By doing this we can understand our stakeholders in a clear and concise way and not simply by economic models. 
    • Once you learn about value you can maximise the value in your organisation. This knowledge will give you the tools to strengthen your services, product design, process, brand and customer and staff loyalty. 

     

    BEST MOMENTS

    “People want experience not products. They want the experience your product can give them”

    “Once you understand value, you are in a position to reap the rewards in your business.”

    “ You can learn to create value by researching your own stakeholders and applying that research practically. 

     

    EPISODE RESOURCES

    Alex’s Website:  www.as-insights.com 

    Alex’s Instagram: www.instagram.com/alexvci   

    Alex’s Linkedin : www.linkedin.com/in/alexandrastacey 

    Alex’s email: info@as-insights.com 

     

    ABOUT THE HOST

    Alexandra Stacey is fascinated about value and our perceptions of value. She undertook an MSC in Strategic Marketing and Customer Experience Management with the University of Buckingham’s Business School and her dissertation included how value is experienced. Her own life experience includes being a parent, marketer, teacher, project and events manager and musician.  She is the founder of AS Insights. This is a business that helps organisations improve through uncovering their stakeholder’s experiences interpreting them through behavioural theories.

     

    PODCAST DESCRIPTION

    In today’s world businesses and organisations are able to deliver things much more quickly at the touch of a button than 15 years ago. And our competitors can too.

    We are in danger of escalating  journeys down the wrong track and be too far gone to retrieve them. 

    Wouldn’t it be so much better to do the right thing right first time instead of becoming very efficient at doing the wrong thing? 

    Well this is what this podcast is about. It is about optimising value in your customer or employee or stakeholder experience in different manifestations. You get to understand how we think and behave in different scenarios and can apply them to your own purchasing, sales, recruitment, team-building, customer retention and audience perception management.



    Hosted on Acast. See acast.com/privacy for more information.

    Show more...
    2 years ago
    7 minutes 31 seconds

    Better Value; Better Business
    Coming Soon...



    Hosted on Acast. See acast.com/privacy for more information.

    Show more...
    2 years ago
    5 seconds

    Better Value; Better Business

    Welcome to "Better Value; Better Business," the podcast that helps you optimize value across your organization. In today's fast-paced world, businesses must deliver quickly, but so can their competitors. We risk going down the wrong path without a way to turn back.

    Instead of becoming efficient at the wrong things, let's prioritize doing the right things right the first time. This podcast explores how to maximize value in customer, employee, and stakeholder experiences. Gain insights into different scenarios and apply them to purchasing, sales, recruitment, team-building, customer retention, and audience perception management.

    Join us as we share strategies for making the right choices and improving your business. Discover the secrets to better value and how they can transform your organization. Tune in to "Better Value; Better Business" and unlock success in less time.



    Hosted on Acast. See acast.com/privacy for more information.