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The Power of Habit presents several innovative ideas about changing damaging habits. One of the most surprising is the concept of the habit loop, which consists of a cue, a routine, and a reward. Understanding this loop is key to changing habits. Another innovative idea is the golden rule of habit change, which suggests that old habits cannot be eradicated; they must be replaced. The book also highlights the importance of belief in habit change, suggesting that without belief, it's difficult to make a habit change stick. Lastly, the book presents the idea of keystone habits, which are habits that, when changed, can cause a chain reaction and change other habits as well.
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Using examples of how habits impact daily life and business, The Power of Habit explains why people do the things they do. With an understanding of ho...
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Target puts a lot of effort into collecting shopping data by using credit cards, frequent shopper cards, and their loyalty programs. The data they collect from these sources is combined with other data such as age, location, ethnicity, etc. This collective data creates a detailed and accurate portrait of customers. This portrait lets Target take advantage of habits.
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