Superior Customer Value in the New Economy: Concepts and Cases, Second Edition

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ISBN 9781574443561
Cat# SL3569
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ISBN 9780203501498
Cat# TFE1177
 

Features

  • "Offers a blueprint for world-class service companies
  • "Examines critical business issues such as customer orientation and value-creating processes and operations
  • "Explains how to build successful value propositions, pricing techniques, and strategies for adding and promoting value
  • "Reviews customer retention and relationship marketing
  • "Provides 18 customer value case studies, more then half of which are new for this edition
  • "Includes valuable figures, tables, customer value checklists, customer value action items, and additional reference material
  • Summary

    Great companies consistently meet and exceed customer desires. Superior Customer Value in the New Economy: Concepts and Cases, Second Edition offers a blueprint for responding effectively to customer demands and for creating the benchmarks common to world-class service companies. The Second Edition elaborates on the latest perspectives of the business and academic communities, exploring leading marketing and managing developments in the crucial area of customer value (CV). It delivers expert guidance on designing, implementing, and evaluating a CV strategy that benefits e-service and information-based organizations.

    Building upon concepts, cases, and in-chapter applications, the book addresses best practices, organizational responsiveness, market orientation, and the planning and strategy issues that result in high rates of customer
    satisfaction in e-service and information-based organizations. It concludes with 18 detailed, "hands-on" examples of companies attempting to create customer value. Each case study delivers an in-depth look at major CV themes such as responding to change, being customer oriented, customer loyalty, and more. Each of these real-world examples provides excellent learning opportunities to model effective customer value behavior and practices.

    Table of Contents

    CUSTOMER VALUE - THE BUILDING BLOCKS
    Customers Want Top Value
    The Importance of Customer Value
    Customer Value: Marketing Management Implications
    The Value-Creating Organization
    Summary
    Customer Value Action Items
    Being Customer Oriented
    Customer Commitment: How Market Leaders Do It
    The Marketing Concept Revisited
    Selling vs. Market Orientation
    Marketing Approaches to Achieve a Customer Focus
    Summary
    Customer Value Action Items
    Process and Customer Value
    Process and Value
    Assessing Process Effectiveness
    PDCA Cycle and Process Improvement
    Process Tools
    Summary
    customer value action items


    CREATING VALUE THROUGH SERVICES AND
    E-COMMERCE
    The Service Sector and the New Economy
    Reshaping the Traditional Economy: the North American
    Industrial Classification System
    Service Firms Create Value
    The Emergence of the New Economy
    Keys to Competing Successfully in the New Economy
    Summary
    Customer Value Action Items



    Defining and Managing Service Quality
    What Is Quality?
    Service Quality Guidelines
    Why Quality Matters
    How to Improve Quality
    Summary
    customer value action items

    Managing e-Service Quality
    e-Service and Customer Satisfaction: Research Insights
    e-Service Quality and Customer Loyalty
    How to Improve e-Service Quality
    Summary
    Customer Value Action Items

    PLANNING AND IMPLEMENTING A WINNING
    VALUE PROPOSITION
    Defining and Refining the Value Proposition
    The Value Proposition as Basis for Competitive Strategy
    Value Disciplines and Market Leadership
    The Value Proposition: Some Applications and Guidelines
    Building Your Value Proposition: the S-Q-I-P Approach
    Developing Unique Value Propositions
    The Value Proposition: Strategic Implications
    Summary
    Customer Value Action Items
    Communicating Value through Price
    Introduction
    Relating Price to Value
    How Buyers Evaluate Price
    Strategic Pricing
    Pricing Methods
    How to Make Good Pricing Decisions
    Future Pricing Issues
    Summary
    customer value action items

    Strategies for Adding and Promoting Value
    The USP and Differentiation
    Three Levels of Positioning
    How to Add Value to Products
    Implementing a Value-Added Services Program
    Communicating Value through an IMC Program
    Creating an IMC Program
    Summary
    Customer Value Action Items

    DELIVERING LONG-TERM SUPERIOR
    VALUE TO CUSTOMERS
    Maximizing Value through Retention Marketing
    Why Focus on Customer Retention?
    Customer Value/Retention Model
    Usage Analysis and Customer Retention
    Designing a Customer Retention Program
    Customer Retention Approaches
    Summary
    Customer Value Action Items

    Creating Value through Customer and Supplier
    Relationships
    What Is Relationship Marketing?
    Traditional vs. Relationship Marketing
    Building Lasting Customer Relationships
    Improving Supply Chain Relationships
    Customer Relationship Management
    Keys to Practicing Relationship Marketing in the New Economy
    Summary
    customer value action items

    CUSTOMER VALUE CASES

    Boston Market --- Process Flow Outcomes
    Delicato Family Winery - Building and
    Communicating Value
    Dow Corning - Customer Value and
    Segmentation
    Edward Jones - Managing Customer
    Relationships
    FedEx Corporation - A Customer Value
    Funnel Assessment
    The Grateful Dead - Creating Deadheads by
    Providing Drop-Dead Customer Service
    Harrah's Entertainment, Inc. - Loyalty
    Management
    "Herding Cats" across the Supply Chain
    JetBlue Airways - Adding Value
    Lexmark International - Creating New
    Market Space
    Nantucket Nectars - Perceived Quality
    Rubbermaid - Market Orientation
    Office Depot Goes Online -
    e-Service Quality
    Pizza Hut - A Customer Loyalty Program
    Publix Super Markets, Inc. - Achieving
    Customer Intimacy
    StatePride Industrial Laundry - Value
    Chain Analysis
    Time Insurance - A Study of Process Quality
    Improvement
    Walgreens - Customer Orientation