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5-1
McGraw-Hill/Irwin Copyright © 2008 by The McGraw-Hill Companies, Inc. All Rights Reserved.
Customer Analysis
Chapter 05
5-3
What We Need to Know about Current and Potential Customers
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Who Buys and Uses the Products
Initiator–identifies the need for product
Influencer–has informational or preference input to the decision
Decider–makes the final decision through budget authorization
Purchaser–makes the actual purchase
User
5-5
Buying Roles and Needs/Benefits Sought
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Categories for Describing Consumers
Demographic Socioeconomic Personality Psychographics and values
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Major Segmentation Variables for Consumer Markets
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List of Values
Self-respect Security Warm relationship with others Sense of accomplishment Self-fulfillment Sense of belonging Respect from others Fun and enjoyment Excitement
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Lifestyle Typologies
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Major Segmentation Variables for Business Markets
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Key Variables Used in Direct Marketing Campaigns in Europe
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What Customers Buy and How They Use It
Benefits Purchase Pattern (Product
Assortment) Recency Frequency Monetary value
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Multiattribute Model Questions
Which attributes do customers use to evaluate a product?
What are the perceptions of the products on these attributes?
What are the relative importances of the attributes?
What decision rule is used to combine the information?
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Bank Perceptual Map
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Conjoint Analysis: Notebook Computers
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Importance Weight Variation by Segment
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Multiattribute Decision Making: Compensatory Rule
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Sources of Customer Value
Economic: The economic benefit a customer derives
from using a product Functional:
Those aspects of a product that provide functional or utilitarian benefits to customers
Psychological: The image of the product, including how the
product “feels” and whether that feeling matches the image the customer wants to project
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Measuring Brand Equity
Awareness Associations Attitude Attachment Activity
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Manifestations of Customer Value
Price Price sensitivity Satisfaction Complaints and compliments Word-of-mouth Margin/profit contribution Dollar sales Competitive activity Repeat purchase rate
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Assessing the Value of a Product Category
Determine the uses of the product Estimate the importance of the uses List competing products for the
uses Determine the relative effectiveness
of the product category in each usage situation
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Personal Computer Product Category Value
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Dollar Metric Example: Soft Drink Preference
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Valuing a Hypothetical Customer
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Calculating the Expected Value of a Customer
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The Impact of Growth
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Desirable Criteria for Segments
Sizable Identifiable Reachable Respond differently Coherent Stable
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Cluster Analysis Illustration
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Cluster Analysis: Phone Company Market Segmentation Scheme
5-30
Raw Data: Cranberry Sauce Usage
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Cranberry Sauce Usage Percentages
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Cranberry Usage Data by Person
5-33
Light and Heavy Buyers by Mean Purchase Rates for Different Socioeconomic Cells
5-34
Four-Segment Solution for the Instant-Coffee Market
5-35
Preference Segmentation and Price Sensitivity