This presentation focuses on the Wesfarmers Companies and provides insights on how Wesfarmers can be more customer centric, ways in which the firm can become customize its products, and ways that the firm can be more prepared for future customer experience management.
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Customer experience strategy forWesfarmers Presenter’s Name
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Introduction Customer experience refers tothe interaction between an organization and its customers throughout their business relationship (Kilroy& Schneider, 2017). This interaction may comprise of: Discovery and awareness Advocacy Service Purchases
Introduction Contd… In this presentation, I will focus on the Wesfarmers Companies Customization is critical to the success of Wesfarmers Companies Thepurposeofthispresentationistoprovideinsightsthat Wesfarmers can be more customer centric. To provide ways in which the firm can become customize its products. To provide ways that the firm can be more prepared for future customer experience management.
Brief Information about Wesfarmers Companies Wesfarmersisacompanythatisofferingarangeof productsandservicesinthemarketandoperatesin Australia and New Zealand. These include >Supermarket Services >Office Supplies >Industrial Products >Hotel and Hospitality among many more
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HowtheWesfarmerscancustomizeits product Differentiate the products and services it offers to its customers in the market(Homburg, Jozić & Kuehnl, 2017). This will increase the ability of the firm to serve the customers well. When products are differentiated, it will serve the needs of the clients in the market. Moreover, use customer ordering process. This is a strategy that will ensure that the firm manufactures products on demand.
Contd… Using the Make-to-order approach will increase the company’s ability to serve the specific customer demands. Wesfarmers Companies also can provide superior product designs that match the customer demands. These strategies will ensure that the clients are receiving a high quality services and products. The firm in this case will only deliver the products that are ordered.
Ways the firm can become Customer Centric Embrace Customer relationship management The CRM will ensure that Wesfarmers and customers relate well in the organization. Wesfarmers Companies also need to adopt customer feedback program The program shall ensure that the clients provides feedback about the services and products they receive. Offer a high quality products and services to the customers in the market
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Ways Wesfarmers can be more prepared for future customer experience management This can be done through: a)Creatingaclearvisionofthecustomerexperienceand management b)Understanding who are your customers c)Creating an emotional connection with the customers. d)Capturing the feedback of your customers in real time to increasemarketknowledge(Homburg,Jozić,&Kuehnl, 2017). e)Developing the Wesfarmers team using a quality framework
Contd… 1.Innovate for new products for better competitive chances in the market 2.Conduct market research for better understanding of the demands of the clients 3.Partner with other companies in the market. This will create more opportunities for the firm globally.
Conclusion When Wesfarmers innovate new products, then it can compete well in the market and increase their competitiveness in the global stage. Conducting a market research will mean that the firm is able to gain full knowledge on the market changes. Partnership with other players in the market will also open the market space for the Wesfarmers. Creatingthecustomerexperienceteamsandvisionwilldrivethe companytoremainoncoursetobecomeacustomercentric organization.
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References Kilroy, D., & Schneider, M. (2017). Valuing the Current Strategy. InCustomer Value, Shareholder Wealth, Community Wellbeing(pp. 109-141). Palgrave Macmillan, Cham. Homburg, C., Jozić, D., & Kuehnl, C. (2017). Customer experience management: toward implementing an evolving marketing concept.Journal of the Academy of Marketing Science,45(3), 377-401.