At a recent internal meeting, some colleagues cited the “Jennifer Aniston problem” as a challenge for many companies.
Given that the meeting’s agenda largely consisted of stuffy business topics, you can imagine how quickly colleagues perked up. Consumer behavior trends, employee engagement drivers, sales competency diagnostics….Jennifer Aniston.
So why the Jen reference? As it turns out, it wasn’t too out of place. It’s an analogy for cross-/up-sell.
See, Jennifer Aniston has had a long career of acting in romantic comedies. In fact, while she continues to have a lucrative career, she has acted in so many romantic comedies that she has become pigeon-holed and really now is limited to this genre.
In contrast, Anne Hathaway, who also began her career in the romantic comedy genre, has had a very diverse acting career, starring in action films, romantic comedies, drama films, and even cartoons.
The key difference between these two stars’ careers being that Jennifer Aniston has become typecast, while Anne Hathaway made more options for herself early on.
So back to business: Research indicates that as customers spend more time using a particular product purchased from a company, the more typecast the company becomes. Simply put, the longer companies are viewed as good at supplying a particular product, the less likely customers are to consider the company for additional/complementary products.
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