Marketing Management • 14e презентация

Содержание

Creating Long-term Loyalty Relationships Chapter 5

Слайд 1Marketing Management • 14e


Слайд 2Creating Long-term Loyalty Relationships
Chapter 5


Слайд 3Discussion Questions
What are customer value, satisfaction, and loyalty, and how can

companies deliver them?
What is the lifetime value of customers, and how can marketers maximize it?
How can companies attract and retain the right customers and cultivate strong customer relationships?
What are the pros and cons of database marketing?

Слайд 4Customer Value, Satisfaction, and Loyalty
Holistic Marketing
Inform
Engage
Energize


Слайд 5
Figure 5.1
Traditional Organization vs. Customer-Oriented Organization


Слайд 6Customer Perceived Value


Total Customer Cost
Total Customer Benefit
Customer-perceived Value
Functional
Economic
Psychological
Evaluating
Obtaining
Using
Disposing


Слайд 7
Figure 5.2
Determinants
of Customer Perceived Value


Слайд 8Value Concepts - Caterpillar
Worth to farmer: $20,000
Cost to produce: $14,000


Слайд 9Choice Processes and Implications
Lowest purchase price wins.
Friends with salesperson


Слайд 10“A deeply held commitment to rebuy or repatronize a preferred product

or service in the future despite situational influences and marketing efforts having the potential to cause switching behavior.”
-- Oliver

Customer Loyalty


Слайд 11Value Proposition
Core positioning:
Safety
Volvo
Other benefits:
Good performance
Design
Environmentally friendly


Слайд 12A person’s feelings of pleasure or disappointment that result from comparing

a product’s perceived performance to (or outcome) to expectations.

Satisfaction


Слайд 13Customer Satisfaction
Expectations


Слайд 14Customer Expectations
Expectations
Previous purchases
Friends advice
Marketers’ / competitors


Слайд 15Monitoring Satisfaction
Customer
Complaints
Measurement Techniques
Influence of
Customer Satisfaction


Слайд 16Measurement Techniques
Customer Loss Rate
Mystery Shopper
Surveys


Слайд 17Influence of Customer Satisfaction
Customer satisfaction
Speed of communication


Слайд 18Customer Complaints
25%
Dissatisfied
5%
Complain
95%
Stop buying
54% - 70%
Buy again if resolved
95%
If resolved quickly

Tell 5


people

Tell 11
people



Слайд 19Product and Service Quality
Performance
Conformance


Слайд 20Maximizing Customer Lifetime Value
Customers


Слайд 21Customer Profitability
 
Customer Lifetime Value
Customer Profitability Analysis
Profitable
Unprofitable


Слайд 22A person, household, or company that over time yields a revenue

stream exceeding by an acceptable amount the company’s cost stream for attracting, selling, and serving that customer.

A Profitable Customer


Слайд 23
Figure 5.3
Customer-Product Profitability Analysis


Слайд 24Cultivating Customer Relationships
Customer Information
Differentiate
Customize
Personalize
Share


Слайд 25Customer Relationship Management (CRM)
Personalizing Marketing
Customer Empowerment
Customer Reviews & Recommendations


Слайд 26Personalizing Marketing


Слайд 27One-to-One Marketing
Differentiate
customers
Interact with
each customer
Customize
Identify prospects
and customers


Слайд 28Customer Empowerment
Brand Evangelists


Слайд 29Customer Reviews/Recommendations
Customer ratings

Negative reviews
Create Buzz


Слайд 30Customer Retention
Acquiring new customers costs
5x more
than retaining current customers
The average

company loses
10%
Of its customers yearly

Reducing customer defections by 5% can increase profits from 25% to 85%


Слайд 31Attracting and Retaining Customers
Reduce Defections
Define and measure
Determine causes
Compare CLV to costs
Retention

Dynamics

Manage
customer base


Слайд 32
Figure 5.4
The Marketing Funnel


Слайд 33Building Loyalty
Develop loyalty programs
Interact with customers
Create institutional ties


Слайд 34Databases & Database Marketing
Customer databases
Name, address, telephone #
Purchase history
Demographics
Psychographics
Mediagraphics
Data Warehouses
Data mining


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