Final Customer Buying from the Product Producer
Use Steps: Use steps include all the customer's value added activities or the consumption of the product itself. These steps include all the costs the customer incurs in employing the product in its intended use.
2. Emotional: Segment customers according to the personal emotional needs of the segment.
A. Needs for comfort and status
3. Status through the recognition of customer's individual needs for product
Function:
Other Function
No. | SIC | Year | Note |
1 | 0 | 2004 | Relational-value players are companies like Fidelity Investments, IBM, and GE Aircraft Engines that create value for customers by offering integrated solutions. They don't just bundle products and services but customize them to such a degree that they act as production partners in many cases, absorbing some of their customers' risk. |
2 | 2000 | 2005 | Procter & Gamble is unveiling a new version of a popular product without cutting the old one. The new Tide is being advertised as a no-compromise solution to clothes washing. Coldwater Tide offers all the benefits of washing in cold water: no shrinkage, no color bleeding, no damage to clothes, less energy consumption. 90% of the energy needed to wash clothes is used to heat water. P&G claims that families could save $63 a year by converting from warm to cold water for its washes. |
3 | 3089 | 2001 | New technology allows Brunswick to print images and designs on bowling balls. This is a breakthrough for the struggling industry which was previously only able to engrave words. Working with P.S. Computer Graphics, the company developed the technology that it hopes to patent. The Viz-A-Balls run at about $140 for plastic, up from $80 for typical balls. |
4 | 3559 | 2003 | Toolmakers, generally small companies, fashion the devices that are used on factory floors to make other things. Many tools are custom-designed to churn out specific products, usually in vast quantities. |
5 | 3571 | 2003 | The replacement cycle for gaming PCs can be as short as one year as gamers install new graphics cards, or even a microprocessor. However, the hearts and minds of gamers are with companies like Alienware and Voodoo. It's the 'cool' factor and they are willing to spend a lot. "We are dealing with people who are buying something like a Ferrari." |
6 | 3661 | 2005 | Nokia has responded to more stylish phones from the competition with new designs loaded with high-tech features and styles. Its market share dropped when its more functionally sound phones could not compete with new fads like flip phones and camera phones from other manufacturers. |
7 | 3674 | 2004 | International Rectifier came up with a new device, a hexagonal field effect transistor (called Hexfet), which was so efficient that it made the ideal component for early Apple and IBM models. Still, it wasn't until Intel's recent complaints that IR drastically changed its model. It spent time with Intel designers and built its integrated circuits, diodes, and power Mosfets around the Pentium. Tied to the needs of customers like Intel and IBM, IR doesn't have to compete on price. |
8 | 3711 | 1989 | Daimler-Benz is equipping its new convertibles with a padded roll bar that pops up just before an accident. It also automatically locks safety belts and unlocks doors to facilitate rescue efforts if needed. |
9 | 3711 | 2000 | Oshkosh's success comes from mass customization. It has an ability to combine moderately high-volume production with options. Firefighters, for example can choose from 19,000 options. |
10 | 3713 | 2000 | So far, many truckers are willing to pay more to get a vehicle built to their engine and transmission specifications. |
11 | 4481 | 2003 | The luxury liners offer a more exclusive atmosphere with smaller ships than the mass-market cruises, with all-inclusive fees, 24-hour room service, more flexible schedules and gourmet meals. In addition, the crew to passenger ratio is 1 to 1, compared with 3 to 1 on mass-market ships. |
12 | 4813 | 2001 | The cellular industry must move away from courting and retaining customers on the basis of price alone. They must work with handset suppliers to create devices that customers will seek out, not on price but on innovation. Cingular has attempted this, offering the RIM Blackberry Devices. |
13 | 4832 | 2002 | Internet radio stations offer the appealing prospect of having a DJ–or sophisticated software trained to learn listener preferences–select the music for you. |
14 | 7372 | 2003 | Only recently has Sun switched from publicly bashing Linux and Intel to launching low-cost Linux servers on Intel chips–a strategy that IBM and HP jumped on sooner. |
15 | 8062 | 2002 | Private clinics and nonprofit hospitals offer luxury suites, catered meals, and round-the-clock private nurses. Small medical entrepreneurs such as a team physician for a professional sports franchise opened a practice that charged patients $20,000 a year for 24 hour access to medical services which was the same level of personalized care they provide for a group of professional athletes. |
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