Customer value communication refers to the process of conveying the value proposition of a product or service to the customers in order to enhance their perception of the brand and influence their buying behavior. The objective of customer value communication is to create a favorable impression in the minds of the customers, build a strong brand image, and establish long-term customer relationships. There are two main categories of tools used for customer value communication - direct tools and indirect tools.
Direct Tools of Customer Value Communication
1. Advertising: Advertising is a direct tool of customer value communication that is used to reach a large audience through various media channels. It is a paid form of communication that is designed to persuade customers to buy a product or service. Advertising can be done through television, radio, print media, billboards, and online platforms.
2. Personal selling: Personal selling is a direct tool of customer value communication that involves face-to-face interaction between a salesperson and a potential customer. This tool allows for personalized communication and enables the salesperson to address the specific needs and concerns of the customer.
3. Sales promotion: Sales promotion is a direct tool of customer value communication that is used to encourage customers to make a purchase by offering incentives such as discounts, coupons, free samples, contests, and sweepstakes. This tool is particularly effective in generating short-term sales.
4. Direct marketing: Direct marketing is a direct tool of customer value communication that involves communicating directly with the customers through email, direct mail, telemarketing, or mobile marketing. This tool enables businesses to target specific customer segments with customized messages and offers.
Indirect Tools of Customer Value Communication
1. Public relations: Public relations is an indirect tool of customer value communication that involves managing the image and reputation of a company through various communication channels such as press releases, media interviews, and social media. This tool is particularly effective in building credibility and trust among customers.
2. Sponsorship: Sponsorship is an indirect tool of customer value communication that involves associating a brand with a particular event or cause. This tool enables businesses to enhance their brand image and reach a wider audience through the visibility of the sponsored event or cause.
3. Word-of-mouth: Word-of-mouth is an indirect tool of customer value communication that relies on the recommendation of existing customers to influence the buying behavior of potential customers. This tool is particularly effective in building brand loyalty and generating long-term customer relationships.
4. Content marketing: Content marketing is an indirect tool of customer value communication that involves creating and sharing valuable and relevant content to attract and engage customers. This tool enables businesses to establish themselves as experts in their field and build a strong brand image.
How Culture Affects Customer Behavior
Culture refers to the beliefs, values, customs, and behaviors that are shared by a group of people. Culture has a significant impact on customer behavior as it shapes their perceptions, preferences, and attitudes towards products and services. Here are some ways in which culture affects customer behavior:
1. Perception: Culture influences how customers perceive products and services. For example, in some cultures, the color white is associated with purity and cleanliness, while in others, it is associated with mourning and death.
2. Language: Language is an important aspect of culture that affects customer behavior. Businesses that cater to customers from different cultures need to be sensitive to the language used in their communication.
3. Attitudes: Culture shapes the attitudes of customers towards different products and services. For example, in some cultures, owning a luxury car is seen as a status symbol, while in others, it is considered excessive and wasteful.
4. Values: Culture influences the values of customers and what they consider important. For example, in some cultures, family and community are highly valued, while in others, individualism and independence are emphasized.
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