Professional Documents
Culture Documents
Chapter 01 - Creating and Capturing Customer Value
Chapter 01 - Creating and Capturing Customer Value
▸ What Is Marketing?
▸ Understand 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
• Customer needs, wants, and demands • The marketing mix (4Ps) • Customer lifetime
• Market offerings value (CLV)
• Value and satisfaction expectations • Share of customer
• Exchanges and relationships • Customer equity
• Markets
Customer Needs, Wants,
and Demands
• States of deprivation
Customers
• Value and satisfaction
Marketers
• Set the right level of expectations
• Not too high or low
Target fewer,
Two-way more
interactive profitatble
customers