Directory UMM :Slide_Kuliah:PPT:MP_Kotler_10:
Objectives
Define
value & satisfaction - understand
how to deliver them
The nature of high-performance
businesses
How to attract & retain customers
Improving customer profitability
Total quality management
©2000 Prentice Hall
Determinants of Customer
Delivered Value
Image
Image value
value
Personnel
Personnel value
value
Services
Services value
value
Total
Total
customer
customer
value
value
Product
Product value
value
Customer
Customer
delivered
delivered
value
value
Monetary
Monetary cost
cost
Time
Time cost
cost
Energy
Energy cost
cost
Psychic
Psychic cost
cost
©2000 Prentice Hall
Total
Total
customer
customer
cost
cost
Satisfaction is a person’s
feelings of pleasure or
disappointment resulting from
comparing a product’s
perceived performance (or
outcome) in relation to his or
her expectations.
©2000 Prentice Hall
High Performance Business
Set strategies to satisfy
key...
By improving
critical business...
and
aligning...
©2000 Prentice Hall
Resources
Stakeholders
Processes
Organization
The Generic Value Chain
Human resource management
n
rgi
Technology Development
Ma
Support
Activities
Firm infrastructure
©2000 Prentice Hall
Primary Activities
Service
rgi
Marketing
and
sales
Ma
OutInbound Operabound
Logistics
tions
Logistics
n
Procurement
Levi Strauss’
Value-Delivery Network
Order
Du
Du Pont
Pont
(Fibers)
(Fibers)
Order
Milliken
Milliken
(Fabric)
(Fabric)
Delivery
Order
Levi’s
Levi’s
(Apparel)
(Apparel)
Delivery
Order
Sears
Sears
(Retail)
(Retail)
Delivery
Customer
Customer
Delivery
Competition is between networks, not companies.
The winner is the company with the better network.
©2000 Prentice Hall
Satisfied Customers:
Are
loyal longer
Buy more (new products & upgrades)
Spread favorable word-of-mouth
Are more brand loyal (less price
sensitive)
Offer feedback
Reduce transaction costs
©2000 Prentice Hall
Levels of Relationship
Marketing
High
margin
Medium
margin
Low
margin
Many
customers/
distributors
Accountable
Reactive
Basic or
reactive
Medium
number of
customers/
distributors
Proactive
Accountable
Reactive
Few
customers/
distributors
Partnership
Proactive
Accountable
©2000 Prentice Hall
Customer Development
Suspects
First-time
Prospects customers
Disqualified
prospects
©2000 Prentice Hall
Repeat
customers
Clients
Inactive or
ex-customers
Advocates Partners
Customer/Product
Profitability Analysis
Customers
C1
P
r
o
d
u
c
t
s
©2000 Prentice Hall
P1
P2
C3
+ + +
+
P3
P4
C2
+
High
profit
customer
-
Mixed-bag
customer
-
Losing
customer
Highly
profitable
product
Profitable
product
Losing
product
Mixed-bag
product
The Profit Triangle
er
at
ion
Va
lu
ec
op
re
at
l
na
io
er
n
Int
Profit
Profit
s
©2000 Prentice Hall
Competitive advantage
Quality
Quality
#1
©2000 Prentice Hall
is the
totality of features
and characteristics
of a product or
service that bear on
its ability to satisfy
stated or implied
needs.
Review
Define
value & satisfaction - understand
how to deliver them
The nature of high-performance
businesses
How to attract & retain customers
Improving customer profitability
Total quality management
©2000 Prentice Hall
Define
value & satisfaction - understand
how to deliver them
The nature of high-performance
businesses
How to attract & retain customers
Improving customer profitability
Total quality management
©2000 Prentice Hall
Determinants of Customer
Delivered Value
Image
Image value
value
Personnel
Personnel value
value
Services
Services value
value
Total
Total
customer
customer
value
value
Product
Product value
value
Customer
Customer
delivered
delivered
value
value
Monetary
Monetary cost
cost
Time
Time cost
cost
Energy
Energy cost
cost
Psychic
Psychic cost
cost
©2000 Prentice Hall
Total
Total
customer
customer
cost
cost
Satisfaction is a person’s
feelings of pleasure or
disappointment resulting from
comparing a product’s
perceived performance (or
outcome) in relation to his or
her expectations.
©2000 Prentice Hall
High Performance Business
Set strategies to satisfy
key...
By improving
critical business...
and
aligning...
©2000 Prentice Hall
Resources
Stakeholders
Processes
Organization
The Generic Value Chain
Human resource management
n
rgi
Technology Development
Ma
Support
Activities
Firm infrastructure
©2000 Prentice Hall
Primary Activities
Service
rgi
Marketing
and
sales
Ma
OutInbound Operabound
Logistics
tions
Logistics
n
Procurement
Levi Strauss’
Value-Delivery Network
Order
Du
Du Pont
Pont
(Fibers)
(Fibers)
Order
Milliken
Milliken
(Fabric)
(Fabric)
Delivery
Order
Levi’s
Levi’s
(Apparel)
(Apparel)
Delivery
Order
Sears
Sears
(Retail)
(Retail)
Delivery
Customer
Customer
Delivery
Competition is between networks, not companies.
The winner is the company with the better network.
©2000 Prentice Hall
Satisfied Customers:
Are
loyal longer
Buy more (new products & upgrades)
Spread favorable word-of-mouth
Are more brand loyal (less price
sensitive)
Offer feedback
Reduce transaction costs
©2000 Prentice Hall
Levels of Relationship
Marketing
High
margin
Medium
margin
Low
margin
Many
customers/
distributors
Accountable
Reactive
Basic or
reactive
Medium
number of
customers/
distributors
Proactive
Accountable
Reactive
Few
customers/
distributors
Partnership
Proactive
Accountable
©2000 Prentice Hall
Customer Development
Suspects
First-time
Prospects customers
Disqualified
prospects
©2000 Prentice Hall
Repeat
customers
Clients
Inactive or
ex-customers
Advocates Partners
Customer/Product
Profitability Analysis
Customers
C1
P
r
o
d
u
c
t
s
©2000 Prentice Hall
P1
P2
C3
+ + +
+
P3
P4
C2
+
High
profit
customer
-
Mixed-bag
customer
-
Losing
customer
Highly
profitable
product
Profitable
product
Losing
product
Mixed-bag
product
The Profit Triangle
er
at
ion
Va
lu
ec
op
re
at
l
na
io
er
n
Int
Profit
Profit
s
©2000 Prentice Hall
Competitive advantage
Quality
Quality
#1
©2000 Prentice Hall
is the
totality of features
and characteristics
of a product or
service that bear on
its ability to satisfy
stated or implied
needs.
Review
Define
value & satisfaction - understand
how to deliver them
The nature of high-performance
businesses
How to attract & retain customers
Improving customer profitability
Total quality management
©2000 Prentice Hall