Training: The Graduate Certificate in Customer-Focused Strategy | Jones Graduate School of Business
Customers are a company’s largest source of cash flow. To be successful at growing their customer base, firms need to go beyond marketing communication and focus on marketing strategy. This course will help participants take a strategic approach to understanding marketing. You will learn how to understand and articulate a marketing strategy plan that is based on customer value. You will also learn how to capture customer-value through strategic pricing, communicate customer value, measure customer value, and then define value for new products and technology. Each class will use lectures, cases, and in-depth discussions to deliver the concepts.
Program Focus
Understanding Customer Value & Firm Strategy
Module Learning Objectives:
- Learn to focus firm resources in a profitable manner
- Learn how to write a positioning statement that can focus a firm’s strategy to fulfill customer needs and extract customer value.
- Understand the elements of delivering a positioning statement-based value to customers
Capturing Customer Value Through Strategic Pricing
Module Learning Objectives:
- Understand how to develop pricing strategies based on customer value perceptions
- Gain an understanding of behavioral elements of strategic pricing
- Learn how to create and analyze pricing
Communicating Customer Value
Module Learning Objectives:
- Learn to use the means-ends-chain to understand and communicate value
- Develop communication strategies that resonate with customers
- Understand the hierarchy-of-effects for communication success
Customer Analytics To Measure and Communicate Customer Value
Module Learning Objectives:
- Develop an understanding of measuring, monetizing, and maximizing customer lifetime value
- Learn to create importance performance charts to identify areas of importance
- Learn to use customer satisfaction surveys to identify attributes and benefits that should become strategic priorities
Defining Value For New Products and Technology Commercialization
Module Learning Objectives:
- Understand how to measure values from a customer’s point of view
- Study how to estimate demand for new products using intentions surveys
- Learn customer input in the product-commercialization process
More Here: https://business.rice.edu/Marketing/