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The Customer: Key to Market Success
CUSTOMER BEHAVIOR: A MANAGERIAL PERSPECTIVE PART 1: CHAPTER 1 The Customer: Key to Market Success
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Competitive Advantages Through Customer Satisfaction
Repeat Buying Higher Prices Loyalty in Crisis Word of Mouth One-Stop shopping New Product Innovation Profits Corporate Performance Growth Copyright © 1999 by Thomas Southwestern. All rights reserved.
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Increased Profitability
Advantages Cost efficiencies from repeat customers Price premiums from established customers Customer loyalty in corporate crisis Copyright © 1999 by Thomas Southwestern. All rights reserved.
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Increased Growth Advantages Increased word of mouth One-stop shopping
New product innovations Copyright © 1999 by Thomas Southwestern. All rights reserved.
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Creates Pride in Employees
Customer orientation has an effect on employee morale in the company Satisfied employees create satisfied customers Happy customers lead to employee happiness Copyright © 1999 by Thomas Southwestern. All rights reserved.
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