The Brainy Business | Understanding the Psychology of Why People Buy | Behavioral Economics cover image

274. Reducing Business Friction: Understanding The Benefits With Examples From Amazon & Steve Jobs, with Roger Dooley (Refreshed Episode)

The Brainy Business | Understanding the Psychology of Why People Buy | Behavioral Economics

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The Importance of Reducing Friction in Business Processes

Jeff Bezos: 95% of the time businesses have too much friction in their processes. Amazon is certainly a prime no pun intended example of that, he says. Steve Jobs thought one tiny little click was worth millions of dollars and paid Amazon to defend it so they could use what would later be called iTunes. "I really loved the stories from Amazon and some of the tiny changes they've made"

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