Business Development and Marketing CHAPTER 21. Marketing Value to Customers and Benefit the Railroad ICC – 1897 What the Traffic Will Bear / Market Pricing.

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Presentation transcript:

Business Development and Marketing CHAPTER 21

Marketing Value to Customers and Benefit the Railroad ICC – 1897 What the Traffic Will Bear / Market Pricing ICC Oppressive Staggers Act of 1980 – Free Market STB Formed in 1995 – ICC Terminated

Business Development Functions Cost and Price Analysis Market Research Customer Service Service Design Tariffs and Contracts Negotiate Contract Pricing

The Customer Viewpoint Inventory Costs Working Capital Arrival Times

The New Realities Customer Knowledge Service Delivery System Renew and Replace Customer Service

The Short Line Railroad Advantage Preserve Custom Service Community Options

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