Question

In: Economics

Locate a current article that addresses a services marketing issue related to service expectations of customers...

Locate a current article that addresses a services marketing issue related to service expectations of customers from the Wall Street Journal, Fortune, Newsweek, Business Week, or other publications that are applicable. (PLEASE SITE THE ARTICLE USED). Then write an entry pertaining to the following issues (800 words minimum):

  1. A brief summary of the key point(s) of the article.
  2. A discussion of how this article relates to a key concept examined in this course (i.e. service exceptions of customers, the customer gap, or the provider gaps (the listening gap, the service design and standards gap, the service performance gap, and the communication gap)) and the implications for services marketing practitioners.
  3. Your personal reaction and several detailed recommendations to the article based upon the service marketing perspective gained.

Solutions

Expert Solution

Vodafone : From best Customer service to high customer market share loss.

Issue: The company has had huge plunge in net profits due to bad customer service, unresolved querries, lpw products availability, high pricing an dlack of awarenss in rural areas all due to communication gap.

Key Recommendations and Implementation :

The Facebook page by Vodafone has been most amazing and happening which has leveraged various brand assets like celebrity endorsements, brand mascots, user stories, testimonials, etc. The brand has engaged audiences with various live contests , quizzes, surveys, webinars, engaging videos, participative games,etc.

The fans are called "Vodafone Fan Army" and audiences are engaged and highly resonate with brand image and its famous Pug which denotes Vodafone and symbolizes coverage everywhere. Various social media campaign on Twitter, LinkedIn, Instagram, Snapchat are run simultaneously to achieve top of mind recall and touchbase maximum audiences.

The marketing has seen series of TV commercials which depicts the product benefits and are in continuation to target compelling user story. The brand has consistently clocked millions of views on YouTube and has meticulously used Facebook for penetrating new markets and high profile customers as per demographic segmentation.

The brand has leveraged and optimised page to track Analytics and measure success using metrics like bounce rate, exit rate, unique page views, unique customers and have also optimised search engines through programmatic buying which helps customers land on Facebook page itself.

The benefits exceed the costs for this campaign as it has proliferated customer base and has achieved diversity and higher average reveneue per user and decreased lifetime customer acquisition cost.

The brand however can improve its profile by using cliud storage for customer analytics, Artificial intelligence and Machine Learning algorithm for drill down Analysis and using Tableau as data visualization tools for devising right strategy.

The brand also needs to integrate various social media profiles and repetitively generate new fresh campaigns over period of time so that buzz remains active for longer period and helps create brand equity and brand resonance.

Moreover, various testimonials can be used to create awareness and generate positive word of mouth marketing amongst customers. Usage of referral marketing on Facebook can bring down costs substantially and increase revenues through profit maximizing. All in all 360 degree marketing campaign with well planned time frame can help brand optimise cost and grab maximum market share .

The usage of Radio and out of home media and newspapers can also help create propaganda for all Facebook campaign and bring organic traffic from multiple sources such that outreach is maximum and impact is well optimized.

This creates well crafted and well timed turnaround strategy for any brand and successful campaign can be created with seamless execution and implementation.


Related Solutions

Locate an article or website that addresses business plan development and/or management. Identify and explain a...
Locate an article or website that addresses business plan development and/or management. Identify and explain a key recommendation from this source that was not addressed in Chapter 25: Putting It All Together: Creating a Business Plan That Is Strategic. For example, you may explain ways to manage a budget or how to conduct a market analysis. You also can explain a technical tool (e.g., software) used for budgeting a business — not for personal finances. Be sure to cite your...
Locate a recent article (published within the last year) that addresses the unemployment theory and unemployment...
Locate a recent article (published within the last year) that addresses the unemployment theory and unemployment rate of your selected country. Analyze your selected country's unemployment rate and how the key economic indicators align with the current phase of the business cycle. Include the following in your discussion. Identify how unemployment is calculated. Describe the different types of unemployment and state which type of unemployment you believe impacts your chosen country the greatest. State your selected country's unemployment rate. Discuss...
locate an online article about marketing and write a short synopsis of the article, why it...
locate an online article about marketing and write a short synopsis of the article, why it pertains to our studies, and how you think it impacts business. Be sure to cite your source. An example would be like this ( ALDI plans to open a distribution center in Alabama.) 1. Don't use the above example but provide another two online articles related to marketing and write two short summaries ( at least two paragraphs)  of those articles and be sure to...
Try to locate an online article about marketing and writing a short synopsis of the article,...
Try to locate an online article about marketing and writing a short synopsis of the article, why it pertains to our studies, and how you think it impacts business. Be sure to cite your source.
for the first discussio, provide a current event on a marketing related issue. You need to...
for the first discussio, provide a current event on a marketing related issue. You need to cite your article, and provide a critical analysis on the article you selected. This analysis should relate to some type of marketing aspect covered in the first module - marketing mix (I.E. pricing, product, promotional, or placement.)
Manage service quality to ensure consistent service delivery theory to meet customers’ expectations.
Manage service quality to ensure consistent service delivery theory to meet customers’ expectations.
Locate a current business event involving an ethical issue (positive or negative). Explain the issue in...
Locate a current business event involving an ethical issue (positive or negative). Explain the issue in your initial post. What would you have done differently to avoid the issue? What are five ethical responsibilities you can do to conduct yourself in a professional manner?
Locate a position statement related to the issue of injury prevention in sport from a national...
Locate a position statement related to the issue of injury prevention in sport from a national association (sport or medicine) and provide a synopsis of the recommendations.
Conduct a literature search to locate a journal article related to the health or health care...
Conduct a literature search to locate a journal article related to the health or health care practices of African-American, European American, or Appalachian people. Present a summary of the journal article, and examine how the information presented may impact your nursing practice. Please provide a copy of the journal article (or hyperlink) if possible. I need references
Conduct a literature search to locate a journal article related to the health or health care...
Conduct a literature search to locate a journal article related to the health or health care practices of Mexican, Cuban, and Puerto Rican people. Present a summary of the journal article, and examine how the information presented may impact your nursing practice.
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT