SlideShare a Scribd company logo
1 of 1
Download to read offline
Mary Kristine P. Andrade: Customer value, satisfaction and loyalty




Chapter 5
Customer value, satisfaction and loyalty
We create customer value, satisfaction and loyalty by:
  1. Understanding customer perceived value (what is important for customers?)
  2. Interpreting customer satisfaction (what?)
  3. Monitoring satisfaction (how to use?)
  4. Defining product and service quality (what?)
  5. Maximizing customer lifetime value (how to measure?)
  6. Using customer relationship management (how?)
  7. Attracting and retaining customers (how?)
  8. Building loyalty (how?)
  9. Customer databases (what or how?)
  10. Data warehouses and data mining (for what?)


Mary Kristine P. Andrade (December 1, 2009)
 

More Related Content

What's hot

Benefits of Constant Customer Contact
Benefits of Constant Customer ContactBenefits of Constant Customer Contact
Benefits of Constant Customer ContactViabl
 
10 Great Customer Relationship Quotes
10 Great Customer Relationship Quotes10 Great Customer Relationship Quotes
10 Great Customer Relationship QuotesViabl
 
Customer Delight Series
Customer Delight SeriesCustomer Delight Series
Customer Delight SeriesCloudcherry
 
BOOTSTRAPPING CUSTOMER SUCCESS: LESSONS LEARNED FROM THE ROAD
BOOTSTRAPPING CUSTOMER SUCCESS: LESSONS LEARNED FROM THE ROADBOOTSTRAPPING CUSTOMER SUCCESS: LESSONS LEARNED FROM THE ROAD
BOOTSTRAPPING CUSTOMER SUCCESS: LESSONS LEARNED FROM THE ROADTotango
 
Customer service pp1
Customer service pp1Customer service pp1
Customer service pp1Shima Enal
 
10 Rules Of Customer Feedback
10 Rules Of Customer Feedback10 Rules Of Customer Feedback
10 Rules Of Customer FeedbackFelena Hanson
 
Serve Your Customer Presentation Slides
Serve Your Customer Presentation SlidesServe Your Customer Presentation Slides
Serve Your Customer Presentation Slidesmeridith
 
Presentation on customer service
Presentation on customer servicePresentation on customer service
Presentation on customer serviceVivek Mohapatra
 
Looking back at customer service in 2014
Looking back at customer service in 2014Looking back at customer service in 2014
Looking back at customer service in 2014Thorleif Astrup Hallund
 
How can customer engagement techniques transform marketing ROI
How can customer engagement techniques transform marketing ROI How can customer engagement techniques transform marketing ROI
How can customer engagement techniques transform marketing ROI Intilery
 
Benefits of product reputation
Benefits of product reputationBenefits of product reputation
Benefits of product reputationLeo Vidal
 
What is Your Advocacy Advantage?
What is Your Advocacy Advantage?What is Your Advocacy Advantage?
What is Your Advocacy Advantage?Influitive
 
5 Tips For Killer Web Content
5 Tips For Killer Web Content5 Tips For Killer Web Content
5 Tips For Killer Web ContentSPINN Media
 
Talkdesk Webinar Series: Drive Growth by Reducing Customer Effort
Talkdesk Webinar Series: Drive Growth by Reducing Customer Effort Talkdesk Webinar Series: Drive Growth by Reducing Customer Effort
Talkdesk Webinar Series: Drive Growth by Reducing Customer Effort TalkdeskInc
 
Transform services into solutions
Transform services into solutionsTransform services into solutions
Transform services into solutionsJennifer Baxavanis
 
Emc lec 12 customer retention strategies
Emc lec 12 customer retention strategiesEmc lec 12 customer retention strategies
Emc lec 12 customer retention strategiesssuser6217d5
 

What's hot (20)

Benefits of Constant Customer Contact
Benefits of Constant Customer ContactBenefits of Constant Customer Contact
Benefits of Constant Customer Contact
 
7 ways to provide great customer care
7 ways to provide great customer care7 ways to provide great customer care
7 ways to provide great customer care
 
10 Great Customer Relationship Quotes
10 Great Customer Relationship Quotes10 Great Customer Relationship Quotes
10 Great Customer Relationship Quotes
 
Customer Delight Series
Customer Delight SeriesCustomer Delight Series
Customer Delight Series
 
BOOTSTRAPPING CUSTOMER SUCCESS: LESSONS LEARNED FROM THE ROAD
BOOTSTRAPPING CUSTOMER SUCCESS: LESSONS LEARNED FROM THE ROADBOOTSTRAPPING CUSTOMER SUCCESS: LESSONS LEARNED FROM THE ROAD
BOOTSTRAPPING CUSTOMER SUCCESS: LESSONS LEARNED FROM THE ROAD
 
Customer service pp1
Customer service pp1Customer service pp1
Customer service pp1
 
10 Rules Of Customer Feedback
10 Rules Of Customer Feedback10 Rules Of Customer Feedback
10 Rules Of Customer Feedback
 
Serve Your Customer Presentation Slides
Serve Your Customer Presentation SlidesServe Your Customer Presentation Slides
Serve Your Customer Presentation Slides
 
Presentation on customer service
Presentation on customer servicePresentation on customer service
Presentation on customer service
 
Business Success 4
Business Success 4Business Success 4
Business Success 4
 
Customer satisfaction
Customer satisfactionCustomer satisfaction
Customer satisfaction
 
Looking back at customer service in 2014
Looking back at customer service in 2014Looking back at customer service in 2014
Looking back at customer service in 2014
 
Lesson 1
Lesson 1Lesson 1
Lesson 1
 
How can customer engagement techniques transform marketing ROI
How can customer engagement techniques transform marketing ROI How can customer engagement techniques transform marketing ROI
How can customer engagement techniques transform marketing ROI
 
Benefits of product reputation
Benefits of product reputationBenefits of product reputation
Benefits of product reputation
 
What is Your Advocacy Advantage?
What is Your Advocacy Advantage?What is Your Advocacy Advantage?
What is Your Advocacy Advantage?
 
5 Tips For Killer Web Content
5 Tips For Killer Web Content5 Tips For Killer Web Content
5 Tips For Killer Web Content
 
Talkdesk Webinar Series: Drive Growth by Reducing Customer Effort
Talkdesk Webinar Series: Drive Growth by Reducing Customer Effort Talkdesk Webinar Series: Drive Growth by Reducing Customer Effort
Talkdesk Webinar Series: Drive Growth by Reducing Customer Effort
 
Transform services into solutions
Transform services into solutionsTransform services into solutions
Transform services into solutions
 
Emc lec 12 customer retention strategies
Emc lec 12 customer retention strategiesEmc lec 12 customer retention strategies
Emc lec 12 customer retention strategies
 

Recently uploaded

TỔNG ÔN TẬP THI VÀO LỚP 10 MÔN TIẾNG ANH NĂM HỌC 2023 - 2024 CÓ ĐÁP ÁN (NGỮ Â...
TỔNG ÔN TẬP THI VÀO LỚP 10 MÔN TIẾNG ANH NĂM HỌC 2023 - 2024 CÓ ĐÁP ÁN (NGỮ Â...TỔNG ÔN TẬP THI VÀO LỚP 10 MÔN TIẾNG ANH NĂM HỌC 2023 - 2024 CÓ ĐÁP ÁN (NGỮ Â...
TỔNG ÔN TẬP THI VÀO LỚP 10 MÔN TIẾNG ANH NĂM HỌC 2023 - 2024 CÓ ĐÁP ÁN (NGỮ Â...Nguyen Thanh Tu Collection
 
ComPTIA Overview | Comptia Security+ Book SY0-701
ComPTIA Overview | Comptia Security+ Book SY0-701ComPTIA Overview | Comptia Security+ Book SY0-701
ComPTIA Overview | Comptia Security+ Book SY0-701bronxfugly43
 
Explore beautiful and ugly buildings. Mathematics helps us create beautiful d...
Explore beautiful and ugly buildings. Mathematics helps us create beautiful d...Explore beautiful and ugly buildings. Mathematics helps us create beautiful d...
Explore beautiful and ugly buildings. Mathematics helps us create beautiful d...christianmathematics
 
Accessible Digital Futures project (20/03/2024)
Accessible Digital Futures project (20/03/2024)Accessible Digital Futures project (20/03/2024)
Accessible Digital Futures project (20/03/2024)Jisc
 
Unit-IV- Pharma. Marketing Channels.pptx
Unit-IV- Pharma. Marketing Channels.pptxUnit-IV- Pharma. Marketing Channels.pptx
Unit-IV- Pharma. Marketing Channels.pptxVishalSingh1417
 
Towards a code of practice for AI in AT.pptx
Towards a code of practice for AI in AT.pptxTowards a code of practice for AI in AT.pptx
Towards a code of practice for AI in AT.pptxJisc
 
Spellings Wk 3 English CAPS CARES Please Practise
Spellings Wk 3 English CAPS CARES Please PractiseSpellings Wk 3 English CAPS CARES Please Practise
Spellings Wk 3 English CAPS CARES Please PractiseAnaAcapella
 
Jual Obat Aborsi Hongkong ( Asli No.1 ) 085657271886 Obat Penggugur Kandungan...
Jual Obat Aborsi Hongkong ( Asli No.1 ) 085657271886 Obat Penggugur Kandungan...Jual Obat Aborsi Hongkong ( Asli No.1 ) 085657271886 Obat Penggugur Kandungan...
Jual Obat Aborsi Hongkong ( Asli No.1 ) 085657271886 Obat Penggugur Kandungan...ZurliaSoop
 
Single or Multiple melodic lines structure
Single or Multiple melodic lines structureSingle or Multiple melodic lines structure
Single or Multiple melodic lines structuredhanjurrannsibayan2
 
Google Gemini An AI Revolution in Education.pptx
Google Gemini An AI Revolution in Education.pptxGoogle Gemini An AI Revolution in Education.pptx
Google Gemini An AI Revolution in Education.pptxDr. Sarita Anand
 
Food safety_Challenges food safety laboratories_.pdf
Food safety_Challenges food safety laboratories_.pdfFood safety_Challenges food safety laboratories_.pdf
Food safety_Challenges food safety laboratories_.pdfSherif Taha
 
Application orientated numerical on hev.ppt
Application orientated numerical on hev.pptApplication orientated numerical on hev.ppt
Application orientated numerical on hev.pptRamjanShidvankar
 
Fostering Friendships - Enhancing Social Bonds in the Classroom
Fostering Friendships - Enhancing Social Bonds  in the ClassroomFostering Friendships - Enhancing Social Bonds  in the Classroom
Fostering Friendships - Enhancing Social Bonds in the ClassroomPooky Knightsmith
 
How to Give a Domain for a Field in Odoo 17
How to Give a Domain for a Field in Odoo 17How to Give a Domain for a Field in Odoo 17
How to Give a Domain for a Field in Odoo 17Celine George
 
The basics of sentences session 3pptx.pptx
The basics of sentences session 3pptx.pptxThe basics of sentences session 3pptx.pptx
The basics of sentences session 3pptx.pptxheathfieldcps1
 
On National Teacher Day, meet the 2024-25 Kenan Fellows
On National Teacher Day, meet the 2024-25 Kenan FellowsOn National Teacher Day, meet the 2024-25 Kenan Fellows
On National Teacher Day, meet the 2024-25 Kenan FellowsMebane Rash
 
General Principles of Intellectual Property: Concepts of Intellectual Proper...
General Principles of Intellectual Property: Concepts of Intellectual  Proper...General Principles of Intellectual Property: Concepts of Intellectual  Proper...
General Principles of Intellectual Property: Concepts of Intellectual Proper...Poonam Aher Patil
 
FSB Advising Checklist - Orientation 2024
FSB Advising Checklist - Orientation 2024FSB Advising Checklist - Orientation 2024
FSB Advising Checklist - Orientation 2024Elizabeth Walsh
 
Python Notes for mca i year students osmania university.docx
Python Notes for mca i year students osmania university.docxPython Notes for mca i year students osmania university.docx
Python Notes for mca i year students osmania university.docxRamakrishna Reddy Bijjam
 
How to Create and Manage Wizard in Odoo 17
How to Create and Manage Wizard in Odoo 17How to Create and Manage Wizard in Odoo 17
How to Create and Manage Wizard in Odoo 17Celine George
 

Recently uploaded (20)

TỔNG ÔN TẬP THI VÀO LỚP 10 MÔN TIẾNG ANH NĂM HỌC 2023 - 2024 CÓ ĐÁP ÁN (NGỮ Â...
TỔNG ÔN TẬP THI VÀO LỚP 10 MÔN TIẾNG ANH NĂM HỌC 2023 - 2024 CÓ ĐÁP ÁN (NGỮ Â...TỔNG ÔN TẬP THI VÀO LỚP 10 MÔN TIẾNG ANH NĂM HỌC 2023 - 2024 CÓ ĐÁP ÁN (NGỮ Â...
TỔNG ÔN TẬP THI VÀO LỚP 10 MÔN TIẾNG ANH NĂM HỌC 2023 - 2024 CÓ ĐÁP ÁN (NGỮ Â...
 
ComPTIA Overview | Comptia Security+ Book SY0-701
ComPTIA Overview | Comptia Security+ Book SY0-701ComPTIA Overview | Comptia Security+ Book SY0-701
ComPTIA Overview | Comptia Security+ Book SY0-701
 
Explore beautiful and ugly buildings. Mathematics helps us create beautiful d...
Explore beautiful and ugly buildings. Mathematics helps us create beautiful d...Explore beautiful and ugly buildings. Mathematics helps us create beautiful d...
Explore beautiful and ugly buildings. Mathematics helps us create beautiful d...
 
Accessible Digital Futures project (20/03/2024)
Accessible Digital Futures project (20/03/2024)Accessible Digital Futures project (20/03/2024)
Accessible Digital Futures project (20/03/2024)
 
Unit-IV- Pharma. Marketing Channels.pptx
Unit-IV- Pharma. Marketing Channels.pptxUnit-IV- Pharma. Marketing Channels.pptx
Unit-IV- Pharma. Marketing Channels.pptx
 
Towards a code of practice for AI in AT.pptx
Towards a code of practice for AI in AT.pptxTowards a code of practice for AI in AT.pptx
Towards a code of practice for AI in AT.pptx
 
Spellings Wk 3 English CAPS CARES Please Practise
Spellings Wk 3 English CAPS CARES Please PractiseSpellings Wk 3 English CAPS CARES Please Practise
Spellings Wk 3 English CAPS CARES Please Practise
 
Jual Obat Aborsi Hongkong ( Asli No.1 ) 085657271886 Obat Penggugur Kandungan...
Jual Obat Aborsi Hongkong ( Asli No.1 ) 085657271886 Obat Penggugur Kandungan...Jual Obat Aborsi Hongkong ( Asli No.1 ) 085657271886 Obat Penggugur Kandungan...
Jual Obat Aborsi Hongkong ( Asli No.1 ) 085657271886 Obat Penggugur Kandungan...
 
Single or Multiple melodic lines structure
Single or Multiple melodic lines structureSingle or Multiple melodic lines structure
Single or Multiple melodic lines structure
 
Google Gemini An AI Revolution in Education.pptx
Google Gemini An AI Revolution in Education.pptxGoogle Gemini An AI Revolution in Education.pptx
Google Gemini An AI Revolution in Education.pptx
 
Food safety_Challenges food safety laboratories_.pdf
Food safety_Challenges food safety laboratories_.pdfFood safety_Challenges food safety laboratories_.pdf
Food safety_Challenges food safety laboratories_.pdf
 
Application orientated numerical on hev.ppt
Application orientated numerical on hev.pptApplication orientated numerical on hev.ppt
Application orientated numerical on hev.ppt
 
Fostering Friendships - Enhancing Social Bonds in the Classroom
Fostering Friendships - Enhancing Social Bonds  in the ClassroomFostering Friendships - Enhancing Social Bonds  in the Classroom
Fostering Friendships - Enhancing Social Bonds in the Classroom
 
How to Give a Domain for a Field in Odoo 17
How to Give a Domain for a Field in Odoo 17How to Give a Domain for a Field in Odoo 17
How to Give a Domain for a Field in Odoo 17
 
The basics of sentences session 3pptx.pptx
The basics of sentences session 3pptx.pptxThe basics of sentences session 3pptx.pptx
The basics of sentences session 3pptx.pptx
 
On National Teacher Day, meet the 2024-25 Kenan Fellows
On National Teacher Day, meet the 2024-25 Kenan FellowsOn National Teacher Day, meet the 2024-25 Kenan Fellows
On National Teacher Day, meet the 2024-25 Kenan Fellows
 
General Principles of Intellectual Property: Concepts of Intellectual Proper...
General Principles of Intellectual Property: Concepts of Intellectual  Proper...General Principles of Intellectual Property: Concepts of Intellectual  Proper...
General Principles of Intellectual Property: Concepts of Intellectual Proper...
 
FSB Advising Checklist - Orientation 2024
FSB Advising Checklist - Orientation 2024FSB Advising Checklist - Orientation 2024
FSB Advising Checklist - Orientation 2024
 
Python Notes for mca i year students osmania university.docx
Python Notes for mca i year students osmania university.docxPython Notes for mca i year students osmania university.docx
Python Notes for mca i year students osmania university.docx
 
How to Create and Manage Wizard in Odoo 17
How to Create and Manage Wizard in Odoo 17How to Create and Manage Wizard in Odoo 17
How to Create and Manage Wizard in Odoo 17
 

Customer Satisfaction Outline

  • 1. Mary Kristine P. Andrade: Customer value, satisfaction and loyalty Chapter 5 Customer value, satisfaction and loyalty We create customer value, satisfaction and loyalty by: 1. Understanding customer perceived value (what is important for customers?) 2. Interpreting customer satisfaction (what?) 3. Monitoring satisfaction (how to use?) 4. Defining product and service quality (what?) 5. Maximizing customer lifetime value (how to measure?) 6. Using customer relationship management (how?) 7. Attracting and retaining customers (how?) 8. Building loyalty (how?) 9. Customer databases (what or how?) 10. Data warehouses and data mining (for what?) Mary Kristine P. Andrade (December 1, 2009)