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Chapter One Customer Focus and Managing Customer Loyalty

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Presentation on theme: "Chapter One Customer Focus and Managing Customer Loyalty"— Presentation transcript:

1 Chapter One Customer Focus and Managing Customer Loyalty

2 Customer Focus and Managing Customer Loyalty
Customer focus and profitability Profit impact of customer retention Managing customer loyalty Market-based management and customer focus Copyright © 2009 Pearson Education, Inc. Publishing as Prentice Hall

3 Figure 1-1 Underwhelming Customer and Shareholders
Weak Customer Focus Figure 1-1 Underwhelming Customer and Shareholders Copyright © 2009 Pearson Education, Inc. Publishing as Prentice Hall

4 Figure 1-2 Customer Focus, Customer Satisfaction, and Profitability
Strong Customer Focus Figure 1-2 Customer Focus, Customer Satisfaction, and Profitability Copyright © 2009 Pearson Education, Inc. Publishing as Prentice Hall

5 Customer Satisfaction
Figure 1-5 De-averaging Customer Satisfaction and Customer Profitability Measuring Customer Satisfaction Customer Satisfaction Index (CSI) Why is it important? Directly correlated to profits Leading indicator of operating performance Impact of Dissatisfied Customers Copyright © 2009 Pearson Education, Inc. Publishing as Prentice Hall

6 Customer Satisfaction and Retention
Figure 1-6 Customer Satisfaction, Complaint Behavior, and Customer Retention Why is customer retention important? How does a firm retain customers? Copyright © 2009 Pearson Education, Inc. Publishing as Prentice Hall

7 Measuring Customer Retention
Figure 1-10 Customer Life Expectancy and Customer Retention Copyright © 2009 Pearson Education, Inc. Publishing as Prentice Hall

8 Figure 1-13 Net Promoter Score
Copyright © 2009 Pearson Education, Inc. Publishing as Prentice Hall

9 Figure 1-14 Customer Loyalty Score
Measuring Customer Loyalty Customer Loyalty Score (CLS) Why is it important? Customer Recommendations Figure 1-14 Customer Loyalty Score Copyright © 2009 Pearson Education, Inc. Publishing as Prentice Hall

10 Managing Customer Loyalty
Figure 1-15 Managing Customer Loyalty Copyright © 2009 Pearson Education, Inc. Publishing as Prentice Hall

11 Customer Focus and Marketing Knowledge
Figure 1-17 Customer Focus and Marketing Knowledge Copyright © 2009 Pearson Education, Inc. Publishing as Prentice Hall

12 Market-Based Management
Figure 1-18 Market-Based Management Copyright © 2009 Pearson Education, Inc. Publishing as Prentice Hall

13 Market-Based Management and Customer Focus
Voice of the Customer Customer Performance Customer Leadership Copyright © 2009 Pearson Education, Inc. Publishing as Prentice Hall

14 Copyright © 2009 Pearson Education, Inc. Publishing as Prentice Hall
Review Customer focus and profitability Profit impact of customer retention Managing customer loyalty Market-based management and customer focus Copyright © 2009 Pearson Education, Inc. Publishing as Prentice Hall

15 Copyright © 2009 Pearson Education, Inc. Publishing as Prentice Hall
All rights reserved. No part of this publication may be reproduced, stored in a retrieval system, or transmitted, in any form or by any means, electronic, mechanical, photocopying, recording, or otherwise, without the prior written permission of the publisher. Printed in the United States of America. Copyright © 2009 Pearson Education, Inc.   Publishing as Prentice Hall Copyright © 2009 Pearson Education, Inc. Publishing as Prentice Hall


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