Description

Book Synopsis
How to become a trusted resource for consumers in a society of constant manipulation

People decide who to trust, what advice to heed, and which individuals to forge personal or transactional relationships with based on a simple metric of believability. Success, in turn, comes from understanding one basic principle: how to be more trusted. Likeonomics offers a new vision of a world beyond Facebook where personal relationships, likeability, brutal honesty, extreme simplicity, and basic humanity are behind everything from multi-million dollar mergers to record-breaking product sales. There is a real ROI to likeability, and exactly how big it is will amaze you.

Likeonomics provides real-world case studies of brands and individuals that have used these principles to become wildly successful, including:

  • An iconic technology brand that awakened a revolution among their employees by standing for something bigger than their products
  • A Portug

    Table of Contents

    Prologue: How a Lard Salesman, an NFL Agent, and a YouTube Star Explain Likeonomics xv

    Introduction: Likeability, Rogue Economists, and the Lovable Fool xxv

    Author’s Note: Why I Don’t Write about Synergy and Paradigm Shifts xxxix

    Part I The Crisis and the Solution 1

    Chapter 1 Inside the Modern Believability Crisis: How Rockefeller’s Dimes, War Propaganda, and the Marlboro Man Ruined the World 3

    The Birth of Modern PR 5

    #occupywallstreet 6

    The Propaganda of Revolutions 7

    When Advertising Ruled the World 9

    The Mass Perception Principle 10

    Marketing as the Bad Guy 12

    Living in the Society of Distrust 14

    What Is the Believability Crisis? 15

    Solving the Believability Crisis 16

    Chapter 2 Navigating the Likeability Gap: What Rwanda, Golf Courses, and Ocean’s Eleven Can Teach Us about the Decisions We Make 19

    The Movie Man 21

    What Business Are You In? 23

    The Engagement Problem 24

    The Reinvention of Rwanda 26

    Humility Wanted 27

    The Likeability Gap 29

    The Toilet Business 31

    Understanding Weak Ties 32

    Golf and the Likeability Gap 33

    Why Relationships Are Not about Networking 34

    Getting Julia Roberts 36

    The Age of Equivalence 37

    How Originality Died—and How We Can Get It Back 39

    The Differentiation Ideal 40

    The Likeability Gap and the World 42

    Chapter 3 The ROI of Likeability: Why Spreadsheets Need to Die, Websites Stink, and Likeable Politicians Always Win 45

    The New Stupid 46

    The Sexiness of Analytics 47

    Data Overload, Insight Underload 48

    Four Ways Data Becomes Meaningless 49

    Rethinking ROI 50

    The Flip Side of Data 51

    Why Context Matters (and Your ‘‘Sticky’’ Website Actually Stinks) 52

    The Real Reason Likeable Politicians Always Win 53

    Why Results Matter More than Data 54

    The Five Principles of Likeonomics 55

    Part II The Five Principles of Likeonomics 57

    Chapter 4 Truth 59

    Oprah’s Secret 60

    Are You Building on a Sinkhole? 61

    The Lie Doctor and the Dalai Lama 61

    Empowerment versus the Anti-Truth Policy 63

    Embracing Your Inconvenient Truth 64

    Selling Cardboard 66

    Why Being Truthful Is So Hard 67

    The Three Elements of Truth 68

    Chapter 5 Relevance 73

    The Relevance Challenge 75

    Canada’s Favorite Storyteller 76

    Handshakes in Kazakhstan 78

    The Renaissance Banker 80

    Making the Bank Relevant Again 81

    Everyone Who Matters Knows You 81

    Why Is Relevance So Hard? 83

    The Three Elements of Relevance 84

    Chapter 6 Unselfishness 89

    Creating an Ideal World 90

    The Ethical Warehouse 93

    What about the Selfish Gene? 94

    Wikinomics and the Rise of Collaboration 95

    Finding the Altruism Gene 96

    Do Doctors Need to Be Competent and Kind? 97

    Why People Don’t Sue Likeable Doctors 99

    How the Unselfish and Compassionate Will Rule the World 101

    How Japanese Citizens Responded to Disaster with Unselfishness 102

    The Customer Service Revolution Will Be Twitterized 105

    Why We Are Selfish 106

    The Three Elements of Unselfishness 108

    Chapter 7 Simplicity 111

    Desperately Seeking Simplicity 113

    The Plain Language Movement 114

    The Myth of Good Complexity 115

    Gadget Confusion 116

    Flipping the Video Camera Market 118

    Winning on Simplicity 119

    How Simplicity Inspires Trust 121

    How Orange Got People Saving Again 122

    Hypnotizing Chickens 123

    How Napkins Can Explain Health Care 124

    Why Simplicity Gets So Complicated 126

    The Three Elements of Simplicity 127

    Chapter 8 Timing 131

    The Most Creative Lunch in History 133

    Timing Is Everything 135

    How Sweetening Changed Television History 136

    Our Time-Shifted Culture 137

    Gilt and Luxury with an Expiration 137

    The Rise of Shopper Marketing 138

    Google ZMOT 139

    Why Timing Is So Tough 141

    The Three Elements of Timing 142

    Conclusion 145

    Living in the Era of Likeonomics 146

    Likeonomics on Mulberry Street 147

    Part III The StoryBook 149

    Introduction: How the StoryBook Works 151

    Bhutan: The Real Happiest Place on Earth 153

    Green Bay Packers: Why Cheeseheads Rule the NFL 155

    Khan Academy: Flipping the Rules of Education 157

    Maverick Adventures: Kitesurfing with Richard Branson 159

    Anupy Singla: The Fast Rise of Slow Cooking 161

    The Backstory: The Making of Likeonomics 165

    Special Thanks 167

    Notes: Further Reading and Research 169

    About the Author 173

    Index 175

Likeonomics

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    A Hardback by Rohit Bhargava

      Trusted by thousands of customers. See 2,385+ Customer Reviews

      View other formats and editions of Likeonomics by Rohit Bhargava

      Publisher: John Wiley & Sons Inc
      Publication Date: 08/06/2012
      ISBN13: 9781118137536, 978-1118137536
      ISBN10: 1118137531

      Description

      Book Synopsis
      How to become a trusted resource for consumers in a society of constant manipulation

      People decide who to trust, what advice to heed, and which individuals to forge personal or transactional relationships with based on a simple metric of believability. Success, in turn, comes from understanding one basic principle: how to be more trusted. Likeonomics offers a new vision of a world beyond Facebook where personal relationships, likeability, brutal honesty, extreme simplicity, and basic humanity are behind everything from multi-million dollar mergers to record-breaking product sales. There is a real ROI to likeability, and exactly how big it is will amaze you.

      Likeonomics provides real-world case studies of brands and individuals that have used these principles to become wildly successful, including:

      • An iconic technology brand that awakened a revolution among their employees by standing for something bigger than their products
      • A Portug

        Table of Contents

        Prologue: How a Lard Salesman, an NFL Agent, and a YouTube Star Explain Likeonomics xv

        Introduction: Likeability, Rogue Economists, and the Lovable Fool xxv

        Author’s Note: Why I Don’t Write about Synergy and Paradigm Shifts xxxix

        Part I The Crisis and the Solution 1

        Chapter 1 Inside the Modern Believability Crisis: How Rockefeller’s Dimes, War Propaganda, and the Marlboro Man Ruined the World 3

        The Birth of Modern PR 5

        #occupywallstreet 6

        The Propaganda of Revolutions 7

        When Advertising Ruled the World 9

        The Mass Perception Principle 10

        Marketing as the Bad Guy 12

        Living in the Society of Distrust 14

        What Is the Believability Crisis? 15

        Solving the Believability Crisis 16

        Chapter 2 Navigating the Likeability Gap: What Rwanda, Golf Courses, and Ocean’s Eleven Can Teach Us about the Decisions We Make 19

        The Movie Man 21

        What Business Are You In? 23

        The Engagement Problem 24

        The Reinvention of Rwanda 26

        Humility Wanted 27

        The Likeability Gap 29

        The Toilet Business 31

        Understanding Weak Ties 32

        Golf and the Likeability Gap 33

        Why Relationships Are Not about Networking 34

        Getting Julia Roberts 36

        The Age of Equivalence 37

        How Originality Died—and How We Can Get It Back 39

        The Differentiation Ideal 40

        The Likeability Gap and the World 42

        Chapter 3 The ROI of Likeability: Why Spreadsheets Need to Die, Websites Stink, and Likeable Politicians Always Win 45

        The New Stupid 46

        The Sexiness of Analytics 47

        Data Overload, Insight Underload 48

        Four Ways Data Becomes Meaningless 49

        Rethinking ROI 50

        The Flip Side of Data 51

        Why Context Matters (and Your ‘‘Sticky’’ Website Actually Stinks) 52

        The Real Reason Likeable Politicians Always Win 53

        Why Results Matter More than Data 54

        The Five Principles of Likeonomics 55

        Part II The Five Principles of Likeonomics 57

        Chapter 4 Truth 59

        Oprah’s Secret 60

        Are You Building on a Sinkhole? 61

        The Lie Doctor and the Dalai Lama 61

        Empowerment versus the Anti-Truth Policy 63

        Embracing Your Inconvenient Truth 64

        Selling Cardboard 66

        Why Being Truthful Is So Hard 67

        The Three Elements of Truth 68

        Chapter 5 Relevance 73

        The Relevance Challenge 75

        Canada’s Favorite Storyteller 76

        Handshakes in Kazakhstan 78

        The Renaissance Banker 80

        Making the Bank Relevant Again 81

        Everyone Who Matters Knows You 81

        Why Is Relevance So Hard? 83

        The Three Elements of Relevance 84

        Chapter 6 Unselfishness 89

        Creating an Ideal World 90

        The Ethical Warehouse 93

        What about the Selfish Gene? 94

        Wikinomics and the Rise of Collaboration 95

        Finding the Altruism Gene 96

        Do Doctors Need to Be Competent and Kind? 97

        Why People Don’t Sue Likeable Doctors 99

        How the Unselfish and Compassionate Will Rule the World 101

        How Japanese Citizens Responded to Disaster with Unselfishness 102

        The Customer Service Revolution Will Be Twitterized 105

        Why We Are Selfish 106

        The Three Elements of Unselfishness 108

        Chapter 7 Simplicity 111

        Desperately Seeking Simplicity 113

        The Plain Language Movement 114

        The Myth of Good Complexity 115

        Gadget Confusion 116

        Flipping the Video Camera Market 118

        Winning on Simplicity 119

        How Simplicity Inspires Trust 121

        How Orange Got People Saving Again 122

        Hypnotizing Chickens 123

        How Napkins Can Explain Health Care 124

        Why Simplicity Gets So Complicated 126

        The Three Elements of Simplicity 127

        Chapter 8 Timing 131

        The Most Creative Lunch in History 133

        Timing Is Everything 135

        How Sweetening Changed Television History 136

        Our Time-Shifted Culture 137

        Gilt and Luxury with an Expiration 137

        The Rise of Shopper Marketing 138

        Google ZMOT 139

        Why Timing Is So Tough 141

        The Three Elements of Timing 142

        Conclusion 145

        Living in the Era of Likeonomics 146

        Likeonomics on Mulberry Street 147

        Part III The StoryBook 149

        Introduction: How the StoryBook Works 151

        Bhutan: The Real Happiest Place on Earth 153

        Green Bay Packers: Why Cheeseheads Rule the NFL 155

        Khan Academy: Flipping the Rules of Education 157

        Maverick Adventures: Kitesurfing with Richard Branson 159

        Anupy Singla: The Fast Rise of Slow Cooking 161

        The Backstory: The Making of Likeonomics 165

        Special Thanks 167

        Notes: Further Reading and Research 169

        About the Author 173

        Index 175

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