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

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    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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