1. Feedback and follow-up by employee
The follow-up from the sales executives from Pretoria and Johannesburg Volvo branch was good. For a number of the groups there was follow up pertaining the products they promoted or quotations. The author received follow-ups by telephone calls or email messages.
It is recommended that the follow-up with the customers must be a priority and promote their products to customers. Although the proposals are on Volvo letterheads, the e-mail message should have the same professional appearance.
2. Communication of the brand by the employees
The brand awareness of the company is enormous and in all areas from head office to branch level, from their magazine, TV, website, YouTube advertising were aligned. The only
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The recommendation would be for the company to place a focus on training sales executives not only on product knowledge, but also with specific focus on brand behaviour and dealing with customers in a premium manner.
3. Marketing and communications evaluation
In order to effectively measure and evaluate the marketing and communication efforts; Volvo needs to ensure that communication and messaging are precisely tailored to the audience. Volvo needs to achieve relevance in value proposition and overall better response rate to our advertising.
Majority of these companies believe that the sooner they know their customers the better because they will be able to understand their expectations and behavior. Source: from (Henley, 2014).
All forms of communication and marketing messages should be consistent in its messaging and delivery for proper measurement. It should constantly be refined and tested with its audience to ensure effectiveness, then applied back into the learnings to business from sales to Volvo marketing strategy end to
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The recommendation would be Volvo to appoint a host consultant to welcome consumer at the entrance and direct them to the correct business units they are looking for.
The author recommends that Volvo should make use of a quarterly consumer satisfaction survey to measure customer satisfaction with various aspects of their branch in terms of their services such as payment, general operations and reservation. The survey should target both customers who visited for the first time and return customers. This will ensure that insights on first time impression and experience of the new customers are monitored as well as the reasons why customers come back to Volvo branch.
5. Customer Loyalty
The author has noted that Volvo cars have developed several forms of loyalty programs which are very important part of brand marketing strategy. Loyalty programs create value for new and existing clients who prompt the existing to repurchase of assets as a sign of being loyal to the brand. For new clients Volvo must create attractive packages which will retain them and keep up with Volvo brand. This relates to calls personalized marketing or relationship
Samsung implements the strategy of “ Red Ocean;” which shows that a firm gains competitive advantage by venture into the current market and constructing on the weaknesses of other competitors in the field of similar products. Thus, Samsung“floods the market with many products” which are made by other companies within short duration of time ( Travos,2002). It seems that Samsung made these new products through developing many of manufacturing products of its Smartphones. However, such attitude is considered to be as a massive cost advantage over other firms that make such product. Samsung has improved its “competition position internationally through developing its present competitive strategies” , through depending on the other manufacturers`
Impact of Digital Marketing and Online Brand Alliance A Case of Wal-Mart and Amazon 2.0 Literature review 2.1 Introduction This chapter explains the objectives and variables of the study under the light of previous scholars to develop a clear understanding on this topic. This chapter entails the studies on current topic by past researchers and scholars. This chapter highlights the impact of digital marketing and brand alliance in the case of Wal-Mart and amazon in view of previous scholars and researchers. The relationship is observed in case of Wal-Mart and amazon brand alliance.
Brand loyalty is a focal point of interest for marketing researchers. From past research stated that loyal customers spend more than non-loyal customers in purchasing. Much of the research over the past three decades looks into consumer loyalty from two perspectives which are behavioral loyalty and attitudinal loyalty (Bandyopadhyay & Martell, 2007; Dick & Basu, 1994). Behavioral loyalty means the frequency of repeating the purchases. Which attitudinal loyalty refers to the psychological commitment that a consumer makes in the purchase, example like intentions to purchase and intentions to recommends.
The teams processing the information for the customers for the service provided were contacted by the customers to assist them in making payments. Knowledge The knowledge about the buying criteria of the consumer and that there was greater opportunity for the differentiation strategy implemented based on the quality and the services offered for customers. Mike was also able to establish the fact that his relationship was not too smooth with the managers of the
In marketing, customer relation is very important, since customers play the main role in achieving ones
Segmentation, Targeting and positioning, also known as STP are an essential part in marketing today. This model is important for generating marketing communication strategies and it aids the marketers to prioritize schemes and deliver personalized and pertinent messages to diverse audiences. This approach is audience oriented rather than product focused in terms of communication, which results in conveying appropriate messages to the members who are more commercially appealing. Segmentation benefits the managers in finding out the area on which they have to concentrate on in terms of geography, demographics, social factors or behaviors.
Feedback could be non verbal and verbal. This communication process is very important because it organizes how a message can be sent, seen, and delivered. Feedback also is very important because it can alter how businesses, and peoples’ communications with each
The market for Mercedes Benz will also be divided in terms of their loyalty status. Users of Mercedes Benz products will have a high loyalty status as it carries a brand image of an organization that offers it users the best products and services. Mercedes offers a Loyalty Program, for instance, “If you are a current U.S. Member of the MBCA and have been a Member for at least 12 consecutive months prior to purchasing or leasing a NEW Mercedes-Benz vehicle, you are considered a "Member in Good Standing" and automatically qualify for a $500 price discount.” (mbca,
This proposal allows Tesla to make a reference. This allows Tesla to have sufficient data to develop local marketing policies. Solution of Communication Barriers Tesla communicates with employees though email, but this method has the opportunity to pass through some error messages. As a result, Tesla should meet regularly with staff from different departments.
Resource based view is the tool that is used in order to evaluate the resources that are important for the organisation to make their performance effective. It is regarded as a significant approach that is used by the organisation towards attainment of competitive advantage. The aim of this paper is to evaluate the resource based view literature and then applying the knowledge on the evaluation of a case study organisation. The selected organisation is Zara Fast Fashion, which is analysed with the help of use of RBV towards achievement of sustainable competitive advantage. The theoretical concepts of the resource-based view is analysed and applied on Zara as a real world example.
A customer refers to anyone who purchases and utilizes a company's products and services. Customers can be an immense concern for some companies due to customers changing their minds frequently along with other factors. Companies must understand the needs of its consumers
Interaction with the final customers As a company, it's crucial to interact with the final customers because we sell directly to the final customer. By this, Tesla makes sure that our final customer gets a memorable experience and has access to all the services which a luxury car should offer. Once you have registered yourself in my Tesla, it provides you numerous features like Customizing your car, tracking your car lead time, finding the nearest charging stations,
First of all customer means A person who buys goods or services from a shop or business, loyalty means the state or quality of being loyal, faithfulness to commitments or obligations. So Customer loyalty is the key objective of customer relationship management and describes the loyalty, which is established between a customer and companies, persons, products or brands. “Customer loyalty is an essential aspect in any organization whether it is offering a good or providing a service. “Many organizations are looking for various ways to increase their customer loyalty as it has a positive effect on the profitability of the organization.” (Gremler 1996: 171, Abdullah et al. 2000: 826).The individual market segments should be targeted in terms of developing customer loyalty.
Provide good customer service where customers are contacted, when a boat is purchase and a customer care call even having a boat over a period of time. 3. The constant innovation and patenting so customers can get better product each year, because in the marketing industries parts can be copied
Managers have to understand how to engage employees and be able to assist in their development by setting goals and expectations. Using the feedback Julia has received from executives helps her development as well. Being able to use the feedback she has received will assist her in developing employees. Communication is essential in the management role as well. Communicating expectations and holding not only the employee