Customer Service and Smart Pricing Flashcards

1
Q

Customer value

A

The way the customer perceives the product and all related services and intangibles

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2
Q

Customer perception broken down into

A
Conform the requirements - MMF
Product selection - long tail
Price or brand - WalMart or Chanel
Value adding services - free extra services
Relationships and Experiences
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3
Q

Achieving excellence - Lecture

A

Aspects: price, product, service, access, relationship

Dominate one aspect and differentiate in a secondary

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