Customer Experience Strategy: Hyundai Recommendations (BIZ104)

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Added on  2022/11/24

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This presentation analyzes Hyundai's customer experience, focusing on recommendations for improvement. It discusses the importance of customer experience management (CEM) and its impact on customer satisfaction and loyalty. The presentation covers key areas such as design, product differentiation, and customer service, and suggests strategies to become more customer-centric, including utilizing social media, improving communication, and making data-driven decisions based on customer needs. Recommendations include investing in customer communication, leveraging social media marketing, building a strong online presence, and supporting research and development to enhance the overall customer experience. The presentation references key concepts, such as brand management and value perception, and concludes with a summary of these key recommendations. This presentation is a part of the BIZ104 module and provides a practical application of customer experience strategies for the automotive industry.
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Customer Experience Strategy:
Recommendations
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This presentation focuses on consumer
experience management in Hyundai cars.
Customer experience determines
organization success.
Customer Experience Strategy:
Recommendations
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Customer experience
management
What is this CEM to Hyundai cars?
CEM entails:
Designing and reacting to customer
interactions.
Meeting customer expectations
Increasing customer loyalty, customer
satisfaction
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Customer experience
management
Hyundai will have to meet its CEM by
addressing the following:
design and size of its cars.
Price differentiation products
Customer service
By addressing these issues Hyundai will
customize its products.
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Hyundai becoming customer-centric
By exercising open
communication.
Hyundai can utilize social
media for interactions
with its customers.
Make appropriate
decision on customer
needs.
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Hyundai becoming customer-centric
Brand management
Changing value perception
By manufacturing environmentally-friendly
vehicles.
By selling unique and luxurious vehicles to
customers affordably.
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Preparing for better customer
experience
By enhancing consumer value
Enhancing customer satisfaction
Through innovation and manufacturing top
of the range vehicles.
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Summary of
recommendations
Hyundai should invest in:
Communication with customers
Employ social media marketing
Build a strong online presence
Support its research and development
By doing all these the company will be able
to bolster customer experiences.
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References
Andajani, E. (2015). Understanding
customer experience management in
retailing. Procedia-Social and Behavioral
Sciences, 211, 629-633.
Khodakarami, F., & Chan, Y. E. (2014).
Exploring the role of customer relationship
management (CRM) systems in customer
knowledge creation. Information &
Management, 51(1), 27-42.
hyundaiusa. (2019). home . Retrieved from
hyundaiusa: https://www.hyundaiusa.com/
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