Insight Into Emerging Trends in Customer Service

Slides:



Advertisements
Similar presentations
EMERGING TRENDS IN CUSTOMER SERVICE Insight into new directions and new expectations for customer service.
Advertisements

The Marketing Environment
Insight Into Emerging Trends in Customer Service Chapter 7.
Insight Into Emerging Trends in Customer Service Chapter 7.
Unit 4 Microeconomics: Business and Labor Chapters 9.1 Economics Mr. Biggs.
Principles of Marketing
1 Preparing Students for the Year 2020 Jobs of the Future.
© September Competitive Advantage Firm’s ability to score profit above the average profitability for all firms in its industry.
Session 5 Attendance Discuss Chapters 6 & 7 One Minute Paper #5 Assignment #5 Presentation Outlines are due on Wednesday. Go to room 114 for the Midterm.
3- 1 Chapter Three Analyzing the Marketing Environment.
Copyright © 2002 by Nelson, a division of Thomson Canada Limited. Chapter chapter 3 Prepared by Angela Zigras, Seneca College Deborah Baker, Texas.
Ellen Galinsky National Human Services Assembly August 19, 2008 Making Your Organization an Employer of Choice— Bold Ideas for the Caring Workplace.
Ten Principles of Economics
Customer Value, Satisfaction, Customer Relationships and Customer Experiences. Chapter 1.
Advertising and Sales Promotion ©2013 Cengage Learning. All Rights Reserved. Chapter 3.
MARKET SEGMENTATION STANDARD 2. MARKET SEGMENTATION The process of subdividing a market into distinct subsets of customers that behave in the same way.
MARKETING FUNDAMENTALS COMPETITION. LEARNING GOALS I will be able to explain how marketing (e.g., branding, promotion, packaging, online sales) affects.
THE ECONOMY AND YOU Chapter 8. LEARNING OBJECTIVES  Explain how economic factors impact financial decisions  Understand how demographic changes will.
The Economy and You © 2010 Pearson Education, Inc. All rights reserved Chapter 8.
1 Chapter 4: The Marketing Environment Designed & Prepared by Laura Rush B-books, Ltd. Introduction to Copyright Cengage Learning 2013 All Rights Reserved.
Insight Into Emerging Trends in Customer Service Chapter 7.
Voluntary Benefits A solution for employees and employers Cobbs Allen and Cobbs Allen.
Marketing: Managing Profitable Customer Relationships Presented by Mr. Ahmed El Seddawy AASTMT.
The Economy and You Essential Question: Why is an understanding of economic conditions important to your financial plan? Chapter 8.
Section 1.1 Marketing and the Marketing Concept Chapter 1 marketing is all around us Section 1.2 The Importance of Marketing Section 1.3 Fundamentals of.
Think… Think of all the ways a marketer might describe YOU as a consumer. Begin with your age, then get more specific about your shopping requirements.
THE BUSINESS ENVIRONMENT 3-1 The External Environment Customers Competitors Suppliers Public Pressure Groups The Organization General Environment Specific.
What is the sale price of an item that is $ and is 15% off?
Chapter 1 marketing is all around us Section 1.1
Marketing 1 Indicator 1.04 – Employ marketing information to develop a marketing plan.
Marketing and the Marketing Concept 1.1
Market Segmentation Standard 2.
MARKETS Standard 2.
Target Marketing Students you will need a piece of line paper and a pen or pencil. All students are required to take notes. Every seven slides students.
Marketing 1.05 MIM Acquire foundational knowledge of MIM to understand it’s nature and scope.
Lecture on Environmental Scanning
Market Segmentation.
Marketing: Managing Profitable Customer Relationships
THE MARKETING MIX Product Place Price Promotion
Chapter Seven Customer-Driven Marketing Strategy:
What is Marketing?.
CHAPTER 2: BASIC MARKETING CONCEPTS
Main Street Retail and the World
MARKETING DEFINING THE MARKET MARKET SEGMENTS MARKETING MIX
Customer Centric Organizations
Global Edition Chapter Three
The External Environment
Marketing for Lawyers Segmentation Lesson 2
THE MARKETING MIX Product Place Price Promotion
© 2017 McGraw-Hill Education. All rights reserved
Economics: Ch. 9 Labor What you need to know….
THE BUSINESS ENVIRONMENT
Business Ethics Marketing Principles.
Chapter 7. Insight into emerging trends in customer service
Ch. 2: Basic Marketing Concepts
Marketing Information
Marketing: Managing Profitable Customer Relationships
Analyzing the Marketing Environment
Introduction to Business
MARKETING MANAGEMENT 12th edition
Chapter 13 Marketing.
Chapter Three Internal Analysis: Distinctive Competencies, Competitive Advantage, and Profitability.
The Marketing Concept Businesses must satisfy customers’ needs and wants in order to make a profit.
Ms. Alexander-Harrison
Learning Objectives After studying this chapter, you should be able to: Define marketing and outline the steps in the marketing process Explain the importance.
Chapter 10 Marketing.
The Marketing Environment
Marketing: Managing Profitable Customer Relationships
Presentation transcript:

Insight Into Emerging Trends in Customer Service Chapter 7 Insight Into Emerging Trends in Customer Service

Objectives Gain insights to customer turn offs Importance of personalization Social/economic shifts Interactivity options Remaining Consistent

Areas of change that have had an impact on customer service and loyalty: personalization globalization technology

“One-to-One” Personalization Track individual preferences Poll customers Customize services

One-to-One with Internal Customers “Cafeteria” Style Benefits Build long-term relationships College tuition assistance

Social and Economic Shifts Impacting Customer Service for the Future Work force increasingly diverse Shifting social conditions Going Green

Recognize Changing Demographics Diversity Hispanic Population Spanish Mobility Changing Jobs is Common Aging Baby-boomer generation Gender Women: workforce

New Interactive Options Unique needs addressed Interactive Affordable Easier

Electronic Future of Marketing Internet Shopping Virtual Reality Shopping Interactive TV

Some things remain consistent Caring Concern Competence

Demand for Fair Value Fairness Good value

Examples of “bad profits” Inflated shipping charges Excessive penalties for changing services High premium prices

Satisfy Individual Customer Needs and Wants What makes the customer choose which business to buy from? To what degree are choices based on quality, price, or convenience? How do you decide where to buy clothes, groceries, automobiles, etc.?

Create Promoters Net Promoter Score

Apply Relationship Marketing Customer’s don’t expect great customer service yet.

Gain Customer Share; Not Market Share Vs Market Share