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	<title>Comments on: Cut your target’s switch costs, inspired by BankSwitcher</title>
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	<link>http://feedgrowth.com/idea-categories/e-commerce/enough-with-the-fighting/</link>
	<description></description>
	<lastBuildDate>Thu, 27 Aug 2009 11:41:43 +0000</lastBuildDate>
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		<title>By: Scott</title>
		<link>http://feedgrowth.com/idea-categories/e-commerce/enough-with-the-fighting/comment-page-1/#comment-19318</link>
		<dc:creator>Scott</dc:creator>
		<pubDate>Fri, 06 Mar 2009 20:34:49 +0000</pubDate>
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		<description>Your apple 101 link has a typo and took me to appler101  - not the same.
The switching topic is an accurrate one - I work for one of the big remaining three banks as a deposits exec and am currently investigating switching solutions to drive better new customer acquisitions.  Still looking...
Thanks,
Scott</description>
		<content:encoded><![CDATA[Your apple 101 link has a typo and took me to appler101  - not the same.
The switching topic is an accurrate one - I work for one of the big remaining three banks as a deposits exec and am currently investigating switching solutions to drive better new customer acquisitions.  Still looking...
Thanks,
Scott]]></content:encoded>
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		<title>By: Rob Rubin</title>
		<link>http://feedgrowth.com/idea-categories/e-commerce/enough-with-the-fighting/comment-page-1/#comment-3797</link>
		<dc:creator>Rob Rubin</dc:creator>
		<pubDate>Wed, 02 Apr 2008 21:09:48 +0000</pubDate>
		<guid isPermaLink="false">http://feedgrowth.com/e-commerce/enough-with-the-fighting/#comment-3797</guid>
		<description>Hi,

Thanks for talking about BankSwitcher. We love that you identified the simplicity of the overall experience -- our corporate name is Facilitas, which means "easy" in Latin. 

Many consumer banking executives see this switching barrier as a good thing. In fact, bill payment processors sell "customer stickiness" in their pitches to banks (that's why they PAY service providers like CheckFree and give it to consumers for FREE). But I believe angry customers who can't leave will do more damage to the bank than whatever short-term profits they provide.</description>
		<content:encoded><![CDATA[Hi,

Thanks for talking about BankSwitcher. We love that you identified the simplicity of the overall experience -- our corporate name is Facilitas, which means "easy" in Latin. 

Many consumer banking executives see this switching barrier as a good thing. In fact, bill payment processors sell "customer stickiness" in their pitches to banks (that's why they PAY service providers like CheckFree and give it to consumers for FREE). But I believe angry customers who can't leave will do more damage to the bank than whatever short-term profits they provide.]]></content:encoded>
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