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What Are Your Signature Stories?

Author

Listed:
  • Aaker, David

    (University of CA, Berkeley)

  • Aaker, Jennifer

    (Stanford University)

Abstract

A Nordstrom customer in the mid 70s walked into the Fairbanks, Alaska store and asked to "return" two worn snow tires. An awkward moment! Nordstrom, which evolved from a shoe store to a department store, never sold tires (although another company once did at the store site). Despite that fact, the salesperson that had been on the job only a few weeks, relying on a customer-first culture supported by a generous return policy, had no doubt what to do. He promptly took back the snow tires and refunded what the customer said he paid. The co-founder of Nordstrom, John Nordstrom, is said to have witnessed the event. The Nordstrom story brings to life the generous return policy; the customer supportive culture; and the authority, competence, and attitude of the sales people.

Suggested Citation

  • Aaker, David & Aaker, Jennifer, 2016. "What Are Your Signature Stories?," Research Papers 3391, Stanford University, Graduate School of Business.
  • Handle: RePEc:ecl:stabus:3391
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    File URL: http://www.gsb.stanford.edu/gsb-cmis/gsb-cmis-download-auth/409531
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    Cited by:

    1. Rodríguez, Daniela & Robles, Sonia & Laguna, Carlos, 2020. "Colibrí Mission: How To Boost The Mexican Space Industry By Involving The General Public Into The Development Of A Space Program," MediArXiv dbn5u, Center for Open Science.
    2. Pieter J. Kievit & Jeanette Oomes & Marianne Schoorl & Piet Bartels, 2018. "The missing link: toward an assessment of innovation capacity in health care organizations," International Journal of Quality Innovation, Springer, vol. 4(1), pages 1-18, December.

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