L8: Customer Engagement Flashcards
Customer Journey Model
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Rethink the marketing funnel
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What is costumer engagement (CE)?
Customer engagement encompasses customer’s volitional investments of their cognitive, emotional, and behavioral resources in interactions with some engagement object (e.g., brand, firm).
What is cognitive CE (Customer Engagement)?
Extent to which customers invest cognitive resources into the interaction with an engagement object. It is characterized by customers spending time thinking about the engagement object.
What is Emotional CE (Customer Engagement)?
Extent to which customers invest behavioral resources into the interaction with the engagement object. It is characterized by consumers’ enthusiasm about the engagement object.
What is behavioral CE (Customer Engagement)?
Extent to which customers invest behavioral resources into the interaction with the engagement object. Customers display different voluntary behaviors such as content contributions, ratings, sharing, commenting, and helping others
Customer’s voluntary contribution to its marketing functions, beyond a core, economic transaction –> Beyond purchase?
Yes
Cognitive and emotional engagement cannot directly add value to firm performance –> Cosutomers activities (behavioral engagement) are required
Yes
Customer engagement must enchance marketing outcome to be effective?
Yes
What does the three CE dimensions relate to?
On average, firms benefit from engaging customers. The three CE dimensions relate to actual purchase behaviors and intentions.
Meta-analytic framwork
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What does CE impacts?
Customer engagement directly impacts firm performance, behavioral intention, and wordof-mouth. Behavioral intentions mediate the effects of customer engagement on firm performance, making investments in customer engagement beneficial for companies.
Relationshop –> CE Creation –> Customer Engagement Contributions
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Owned social media –> Social Media Engagement + Sales
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Which two strategies within CE-marketing?
Task-based and experiential initiatives