article_ppt ver 14
TRANSCRIPT
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Open up your thinking to your
customer·s entire experience with yourproduct or service
Presented by
Rohit Gupta 3
Indu Nair 31
Ajinkya Gole 61
Gauri Bhalerao 204
Lavanya G 212
Kumari Meera 230
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Purpose
Offering customers something they value that
competitors don't have.
Companies should not only focus their energy ontheir products or services but also differentiate
itself at every point where it comes in contact
with its customers - from the moment customers
realize that they need a product or service to the
time when they no longer want it and decide to
dispose of it (consumption chain).
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2-pronged approach
Mapping the consumption chain captures
the customer's total experience with aproduct or service
Analyzing customers experience shows
managers how directed brainstorming abouteach step in the consumption chain can elicit
numerous ways to differentiate even the most
mundane product or service.
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Step One:
Mapping the Consumption Chain
± Assemble groups from all areas of your company
± Charge the groups with identifying all the stepsthrough which customers pass from the time they
first become aware of your product to the time
when they finally have to dispose of it or
discontinue using it.
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Mapping the Consumption ChainQ1. How do people become Aware of their need for your product or service?
Linking customer need to company capability and customer awareness
EXAMPLE : F air and Lovely skin tone card, Oral- B toothbrush
Q 3.How do consumers make their final selections? Can you make the selection process more comfortable, less irritating, or
more convenient?
Look for the ideal situation, in which competitors' procedures actually
discourage people from selecting their products, while your procedures
encourage people to come to you.
EXAMPLE: F lipkart, PNB bank in NMIMS
Q 2. How do customers find your offerings?
Making your product available when others are not, or in the format that
others are not
EXAMPLE: 99labels .com, HUL rural
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Mapping the Consumption Chain
Q 4. How do customers order or purchase a product / service? Challenges:
Can a company differentiate itself by making the process of ordering and purchasing
more convenient?
EXAMPLE: irctc, Dell
Q 6.What happens when your product or service is delivered?
Opening, inspecting, transporting, and assembling products are frequently major
issues for customers
EXAMPLE: Blue Dart
Q 5. How is your product or service delivered?
Delivery affords many opportunities for differentiation
EXAMPLE: Pizza Hut
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Mapping the Consumption Chain
Q 7. How is your product installed?
Challenges:
This step in the consumption chain is particularly relevant for companies with
complex products.
EXAMPLE: LG Air conditioner
Q 9. How is your product stored?
When it is expensive, inconvenient, or downright dangerous for customers to have a
product simply sitting around, the opportunities for differentiation abound.
EXAMPLE: Trico Corp
Q 8. How is your product or service paid for?
EXAMPLE: TCS BaNCS (Banking and consulting service)
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Mapping the Consumption Chain
Q10. How is your product moved around or transported from one location
to another? Challenges:
Does the customer find the product fragile?
Does the customer find the product difficult to package?
Does the customer find the product awkward to move?
EXAMPLE: F rooti
Q12. What do customers need help with when they use your product?
The company with the most helpful response has a significant advantage here.
EXAMPLE: Hewlett Packard
Q11. What is the customer really using your product for?
Finding better ways for customers to use a product or service is a powerful
differentiator.
EXAMPLE: IBM
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Mapping the Consumption Chain
Q13. What about returns or exchanges?
Long-term loyalty requires attention to customers' needs
EXAMPLE: Walmart
Q15. What happens when your product is disposed off or no longer
used?
What do customers do with the obsolete goods?
EXAMPLE: Body shop- Shampoo refill stations, Britain's initiative to reduce
wastes
Q14. How is your product repaired or serviced?
Repair experiences both good and bad can influence a lifetime of subsequent
purchases.
EXAMPLE: Maruti, Nokia
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Step two:
Analysis of customer experience
Ob jective: Gain insight into each link of
consumption chain
Analyze scope for differentiation and hence
competitive advantage by asking the
questions what, when ,where, how, who ?
Create an inventory of all possible ideas
Assess each idea based on customer
understanding
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Creating
awareness to
drive
customers to
the finaldecision
Purchase
process
Product
Logistics
Product usage
& product
compliments
Post
Sales
support
Helping
dispose
product
Awareness
Search
Final
Selection
Modes of
Payment
Payment
Structure
ServicePayments
Transportation
Storage
Packaging
Installation
Convenience
of Use
Switching Cost
Add ons
Mainten
ance
costs
Service
QualityReverse
Logistics
Obsolete
/used
goods
replace
ment
Gasoline
Refilling
Station
Candle
Making
Multiplex
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Our analysis customer
experience for the 3 chains
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What?
Where?
Who?
When?
How?
To analyze your customer's experience, consider how
five simple questions apply at each link in the chain.
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Gasoline Refilling Station
Commuting, on aleisure trip, on abusiness trip, onvacation, shopping
What?What?
alone or accompaniedby a colleague, spouseor traveling with a
group of people.
(If businesstrip),Who?(If businesstrip),Who?
at a local gasstation, then againbetween cities alongthe way.
(If Alone),Where?(If Alone),Where?
worry about getting lost orrunning out of gas,
personal security, carbreakdown
(Any otherconcerns) How?
(Any otherconcerns) How?
Anytime
When?When?
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The differentiating factor
Reconfigure the structure of your gas stations
along those highways that are principal
business routes.
± station is well lit and monitored
± provide on attendant
± provide a "travel adviser
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Candles are used tocelebrate birthdays
create a festiveatmosphere fordinner parties, warm
buffet dishes
cope with poweroutages,
set the mood forromantic evenings.
What?What?
beach, on picnics,
at proms,
at weddings
at home,
in restaurants
children's birthday parties
places of worship.
Where?Where?
At each point of usage therecould be adifferent personsusing/influencingthe purchase
Henceopportunity of differentiation ateach point
WhoWho
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birthdays
anniversaries,
holidays
G
raduation days meals marking other
special occasions.
WhenWhen
Needs of the customer Create a festive atmosphere
Set the mood
Illumination
Sometimes used to keep away
insects
When?When?
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V aluing customer·s time Commitment towards dry cleaning within 1 hour at no extra cost
Gamut of services offered :Stain removal
Antibacterial
Pressing
Press Piel
24*7 Online customer service desk :
To address any query, suggestions, opinions and
recommendations
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T ec h nology :Stain removal cabinet
Programmed Dry cleaning machine
Washing machine
DryingMachine
Mannequin
BaggingMachine
Customer is given the
option to view the
entire cleaning process
through these
machines
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Promotional C ampaigns :Customer Loyalty Program
Gifts and information
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C ustomer identification system :Personalized ticket for each garment highlighting commitment
towards high quality and desired service
Computerized individual identification system to preventmisplacement or loss
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Scope of creating further
differentiation
Targeting garment stores to generate word of
mouth and act as effective opinion leaders
Door to door pick up and delivery
Remains best when caressed by Pressto
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Creating differentiation in
Dry cleaning centers
C
r e a t i n g
A p
p e a lOpinion leaders
Value proposition
Wide presence
Store locators
Emphasizing on quickservice
S
e r v i c e
L o g i s t i c sPersonalized cleaning
Use of standardized
machinesAccurate garmentidentification system
Door to door pick upand delivery
Bagging
Personalized cleaning
Use of standardized
machinesAccurate garmentidentification system
Door to door pick upand delivery
Bagging
S e r v i c e u
s a g eCustomer
participation
Customer LoyaltyProgram
Tips andRecommendations infabric care
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For ComfortableTravel
As a status
Symbol Purely as a
transport
What?What?
Basically onroadtransport
Where?Where? Owner
Driver
WhoWho
Purchase of a Car
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Differentiation in Car Purchase
Pre Purchase
Taking model
home for test drive
after expression of
interest
Internet based
expression of
interest Better referral
programs
Customized design
Customized
musical Discs
given based on
user preferences
Customized inner
car perfumes
Purchase
Easier options for
payment
Faster delivery
Home delivery
Insurance services
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Value added services
Facilitation by the dealer in getting a license
Car cleaning services
Driver training programs if car driven by a chauffer
Servicing reminders
Pick up service on car break down
Environment friendly positioning, tag line Weplant a tree every time u bring the car for service.
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