Marketing: Creating and Capturing Customer Value By: Faisal Sultan Ali JAIBP Associate Chartered Banker MBA (Executive) IBA‚ Karachi M.Com‚ University of Karachi Outline • What is Marketing • Understanding the Marketplace and Customer Needs • Designing a Customer-Driven Marketing Strategy • Preparing an Integrated Marketing Plan and Program • Building Customer relationships • Capturing Value from Customers • The Changing Marketing Landscape What Is Marketing? Marketing is a process by
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Chapter 8 Product‚ Services‚ and Branding Strategies: Building Customer Value 1) We define a ________ as anything that can be offered to a market for attention‚ acquisition‚ use‚ or consumption and that might satisfy a want or need. D) product 2) ________ are a form of product that consists of activities‚ benefits‚ or satisfactions offered for sale that are essentially intangible and do not result in the ownership of anything. B) Services 3) A product is a key element in the ________. At
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preeminent customer value which will help the companies consolidate their competitive advantage and achieve long-term profitability. Companies have responded to customers’ expectation by increasing the value offered to them through improving products quality‚ reducing prices and intensifying customer services (Bill Dodds‚ 2003). In the transportation industry‚ there are more and more budget airlines and they are fiercely competing. Budget airlines dropped their prices to attract customers and price
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Marketplace and Consumers (Chapters 3–6) Part 3: Designing a Customer-Driven Strategy and Mix (Chapters 7–17) Part 4: Extending Marketing (Chapters 18–20) 4 Marketing Information to Gain Managing Customer Insights Chapter Preview In this chapter‚ we continue our exploration of how marketers gain insights into consumers and the marketplace. We look at how companies develop and manage information about important marketplace elements: customers‚ competitors‚ products‚ and marketing programs. To succeed
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Insights as a treasurer Being bestowed upon me the task to collect and protect the fund of our club is tough and keeping it safe from corruption and theft a lot tougher. When making difficult decisions to the whole group‚ I must consider being prepared and clear-minded all the time for me to be able to make decisions for the good of the many. This task serves as a training for me to be ready and aware on what will need to do when I reach the stage when I will support my in the future. This will
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Customer Lifetime Value - A Case Study 1 CLV * Group 1: 7 * Group 2: 11.875 * Group 3: 2.5 2 Questions a Your manager asks you what you think might explain the differences in p‚ r‚ and AC between the three groups. What would you say? i Group 1’s higher “p” could be due to the fact that this group of students doesn’t have the meal plan that undergrad students who live on (or close to) campus have. Additionally‚ some MBA students may have longer classes
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Pamela C. Rubiano MLS CWTS Insight Last December 20-21‚ 2013 we conducted a community immersion in Barangay 8a Upper Madapo hills Davao City. At first‚ I was very iffy about attending immersion. I didn’t see the entire point of attending something that didn’t seem to mean much to me‚ But as the days wore on during my immersion‚ I came to realize how blessed I was in life
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this week. 2 profitable days & selling 100 Santa is coming to Cambridge on 1 day over 4 customers.!! LAST WEEK Friday - postcodes/area DAY OFF HOLIDAY 1. 2. 3. THIS WEEK Monday - postcodes/area: NORFOLK& Suffolk & Cambridge 1. Merchandising & christmas orders for existing customers 3. Tuesday - postcodes/area: HP & WD 1.Merchandising & christmas orders for existing customers 2. 3. Wednesday - postcodes/area: SICK 1. 2. 3. Thursday postcodes/area: at
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Chapter 7 Customer-Driven Marketing Strategy: Creating Value for Target Customers 1) When a company identifies the parts of the market it can serve best and most profitably‚ it is practicing ________. A) concentrated marketing B) mass marketing C) market targeting D) segmenting E) differentiation Answer: C Diff: 2 Page Ref: 191 Skill: Concept Objective: 7-1 2) What are the four steps‚ in order‚ to designing a customer-driven marketing strategy? A) market segmentation‚ differentiation
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DECE 601 – INSIGHTS INTRODUCTION TO EARLY CHILDHOOD EDUCATION WITH PSYCHOLOGY AND GUIDANCE Introduction to Early Childhood Education provides an introduction and overview of the field of early childhood education with an emphasis on historical influences‚ developmental theory‚ parenting perspectives‚ and the educational needs of young children. It also includes psychological study and analysis of preschool children‚ special study of personality factors in children‚ and emphasizes on guidance
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