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When Frontier Bank (not its real name) set up its telephone banking service for businesses in 1995, the aim was to have 30,000 customers on board by 2000. The people at the UK’s Frontier Bank had done their sums. They knew each account would earn around £55.00 in commissions and bank charges...
Persistent link: https://www.econbiz.de/10015009605
Customer retention, we are told, leads to higher profitability, but how many companies have developed strategies to retain their valued customers? Adaptation and bonding are two potentially useful approaches that manufacturers of industrial products can apply to help keep their best long‐term...
Persistent link: https://www.econbiz.de/10015009555
Although marketers in service industries face similar challenges to those in manufacturing, their approach to tackling these challenges can often be very different. A major US health insurance company has successfully applied conventional market segmentation techniques to better understand its...
Persistent link: https://www.econbiz.de/10015009713
Four wheel‐drive trucks splash through swollen rivers, crunch through gravel and roll effortlessly across rutted terrain. Rugged men with designer stubble cut like butter through rock‐hard surfaces using the latest in power tools, while balancing nonchalantly on I‐beams 15 storeys up. We...
Persistent link: https://www.econbiz.de/10015009753
We all know hectic mornings. Children to get up, chase round the house and get to school, pets to feed, bills to open, chores to do. All that and get ourselves ready and at work before nine. Now imagine you’d got through all that, finally landed at your desk and found yourself called straight...
Persistent link: https://www.econbiz.de/10015009755
Writing nearly 20 years ago, Robert Heller emphasized marketing’s focus on the constant and systematic study of what products a company should be offering, when and at what price. Marketing, said Heller, is the part of the company that should always be asking “What business are we in?” In...
Persistent link: https://www.econbiz.de/10015009830
Purpose – Reviews the latest management developments across the globe and pinpoints practical implications from cutting‐edge research and case studies. Design/methodology/approach – Scans the top 400 management publications in the world to identify the most topical issues and latest...
Persistent link: https://www.econbiz.de/10015009914
Purpose – Reviews the latest management developments across the globe and pinpoints practical implications from cutting‐edge research and case studies. Design/methodology/approach – Scans the top 400 management publications in the world to identify the most topical issues and latest...
Persistent link: https://www.econbiz.de/10015009924
Purpose – The purpose of this article is to consider various loyalty‐marketing schemes to create an argument in favor of the continued use of such programs in the future. Design/methodology/approach – Gives a brief synopsis of loyalty‐marketing programs. Findings – Loyalty‐marketing...
Persistent link: https://www.econbiz.de/10015009987
Purpose – Reviews the latest management developments across the globe and pinpoints practical implications from cutting‐edge research and case studies. Design/methodology/approach – This briefing is prepared by an independent writer who adds their own impartial comments and places the...
Persistent link: https://www.econbiz.de/10015010153