The goal is to establish and examine marketing, sales, and customer care strategies. The conversation covers the advertising process and the advancement and analysis of strategic advertising strategies.
Introduction to customer service
Definition of customer service
Service dimensions
Addressing customer needs
Attaining customer satisfaction through quality measures
Customer service excellence
The PLCĀ concept
Marketing strategies for PLC
The promotion mix and marketing objectives
Characteristics promotion mix elements
Promotion mix strategies across the PLC
Push and pull strategies
Elements of the communication process
Steps in creating a promotional campaign
The goals and tasks of promotion
The 'AIDA' concept
Setting the advertising budget
The various media types
Media scheduling
Evaluating promotional campaigns
Understanding the marketing environment
Various marketing analysis techniques
'PESTLE' analysis
'SWOT' analysis
The five forces model (M. Porter)
Customer analysis
Competitive analysis
The marketing audit
Marketing planning
Market segmentation, targeting, and positioning
Market segmentation defined
Basis of market segmentation (B2C)
Basis of market segmentation (B2B)
Criteria for successful segmentation
Market targeting
Market positioning
Steps in market segmentation, targeting, and positioning
Prospecting and qualifying
Pre-approach
Approach
Presentation and demonstration
Overcoming objections
Closing
Follow up and maintenance
Product selling versus service selling
A glimpse into different selling models
Marketing concepts
Marketing management defined
Evolution of the marketing concept
Differences between marketing and selling
Scope of marketing management
Setting the scene: the marketing mix
Using the 4Ps marketing mix model
The evolution of personal selling
Marketing
Consultative
Strategic
Partnering
Social
The new sales competencies
Behaviors, characteristics, and skills of a successful salesperson
Assessing performance according to specific sales indicators
The 10 root causes of sales problems
Personal selling profile
Preparation and self-organization
Personal management
Self-mastery
Personal planning
Self-talk
Personal image
Time management for salespeople
Understanding the psychology of selling
Developing strategies for sales success
Surveys and questionnaires
The objective of the survey
Population of interest
Writing the questions
Sampling methods
Administration and analysis
Customer surveys guidelines
Different survey metrics
Types of satisfaction surveys: transactional versus image-based satisfaction surveys
Who and what to measure
How to ask
Loyalty components
The importance of demographics
Segmenting your customers
Attitudinal and behavioral dimensions
Demographic variables, consumer and business
Customer profiling
Customer modeling
Customer Satisfaction Index (CSI) and Customer Retention Rate (CRR)
Profit impact of CRR
Customer life expectancy
Customer loyalty index
Loyalty and profits
The cost of loyalty
Generally Accepted Accounting Principles (GAAP) shortfall
Activity-Based Costing (ABC)
Customer profitability and the whale curve
Customer profitability at best practice companies
The strategy quadrants
Customer satisfaction, retention, loyalty, and delight
Levels of loyalty
Customer satisfaction and loyalty
Customer delight
Marketing research defined
The marketing research process
Secondary and primary data
Questionnaire design
Forms of survey research
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