Value-based marketing for bottom-line success

5 steps to creating customer value

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Last edited by MARC Bot
September 11, 2024 | History

Value-based marketing for bottom-line success

5 steps to creating customer value

"Value-Based Marketing for Bottom-Line Success unveils a practical five-step model - a pentadigm - for discovering what your customers value and then creating and managing a top-to-bottom organizational value-delivery strategy. Based on more than twenty years of hands-on experience and analysis, this down-to-earth model will help you discover and quantify your customers' wants and needs; commit to the most important things that will impact your customers; create customer value that is meaningful and understandable; assess how you did at creating true customer value; and improve your value package to keep your customers coming back."

"More than just a one-time, Band-Aid approach, the model outlined in this guidebook shows you not only how to implement value-based processes and improvements but how to evaluate and validate new ideas and approaches. In-depth analyses - along with real-life examples from Dell Computer, Southwest Airlines, GE, Dow Corning, and other acknowledged customer-value pioneers - allow you to discover and absorb the entire pentadigm model based on actual cases or to review specific issues and problem areas that are most relevant to your business and for which you currently face the greatest challenges and concerns."--Jacket.

Publish Date
Publisher
McGraw-Hill
Language
English
Pages
244

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Previews available in: English

Edition Availability
Cover of: Value-based marketing for bottom-line success
Cover of: Value-Based Marketing for Bottom-Line success
Value-Based Marketing for Bottom-Line success
2003, McGraw-Hill
eBook in English
Cover of: Value-Based Marketing for Bottom-Line success
Value-Based Marketing for Bottom-Line success : 5 Steps to Creating Customer Value
December 12, 2002, McGraw-Hill
Hardcover in English - 1 edition

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Book Details


Table of Contents

The business world we have come to know. The view from Pentadigm's world
Introduction to Pentadigm
Step 1: discover- understand the customer
Step 2: commit- commit to the customer
Step 3: create- create customer value
Step 4: assess- obtain customer feedback
Step 5: improve- measure and improve value
Managing Pentadigm
Appendix 1: Pentadigm road maps
Appendix 2: target customer value segment tracer
Appendix 3: customer lifetime value (CLV)
Appendix 4: Pentadigm competitive assessment
Appendix 5: value commitment rating tool
Appendix 6: developing customer value commitments that are real and superior
Appendix 7: Pentadigm value-based marketing diagnostic

Edition Notes

"American marketing association."

Includes bibliographical references (p. 231-233) and index

Published in
New York

Classifications

Library of Congress
HF5415.13 .D378 2003, HF5415.13.D378 2002, HF5415.13 .D378 2003eb

The Physical Object

Pagination
xix, 244 p. :
Number of pages
244

Edition Identifiers

Open Library
OL17079999M
Internet Archive
valuebasedmarket0000debo
ISBN 10
007139656X
LCCN
2002026490
OCLC/WorldCat
51806792, 50630543
LibraryThing
2798304
Goodreads
1880287

Work Identifiers

Work ID
OL3274361W

Work Description

A market-tested process for beating the competition ­­by giving customers the value they wantMarketers get too caught up in selling features and competing on price. Because, when all is said and done, customers buy­­and will pay well for­­value. Value-Based Marketing for Bottom-Line Success details methods for identifying profitable customers, and then reaching those groups by creating and managing a focused marketing strategy based on delivering value at every turn.It’s no secret that customers will almost always act in their own best interests. Value-Based Marketing for Bottom-Line Success helps marketers identify and feed those interests, outlining a value creation and delivery process for competing profitably by:Identifying value expectations of target customersDetermining and communicating the ability to deliver that valueDelivering the value promised

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