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Top Ten Concepts with RP Medical Application for Chapter 5 of Kotlers "Customer Value, Satisfaction and Loyalty"
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Chapter 5:Creating Customer Value, Satisfaction and Loyalty
The Top Ten Concepts: RP Medical Applications
Victoria Lorelie M. TanV49 Marketing Management
April, 2010
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Concept 1:Customers on TOP!!!
CUSTOMERS
CUSTOMERS
• Customer on top business model
• Value from Customers
•Competitive Advantage
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Concept 1:Customers on TOP!!!
Kotler: Cisco Systems – “ Customers in Center”
Local : HP, Canon
RP Medical Application:-listening to patients concerns- Customer Feedbacks- Providing personal cell numbers
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Concept 2:Customer Perceived Value (CPV) Benefit vs Cost?
CUSTOMERCOSTS
CUSTOMERBENEFITS
PRODUCTS
VS.SERVICES
PERSONNEL
IMAGE
MONETARY
TIME
ENERGY
PSYCHOLOGICAL
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Concept 2:Customer Perceived Value (CPV) Benefit vs Cost?
Kotler: Caterpillar vs. Komatsu
Local : PAL vs. Cebu Pacific
RP Medical Application:-China vs. US/Japan Equipment-GP vs Specialist-Generic vs. Branded
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Concept 3:Customer Loyalty: “ TRUE-BLUE”
TRUE-BLUE
TOYOTA
COLGATE
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Concept 3:Customer Loyalty: “ TRUE-BLUE”
Kotler: Volvo
Local : Ateneo, La Salle, Colgate
RP Medical Application:-3rd Generation Doctor – Patient-Medical City, St. Lukes, Belo Medical
Concept 4:Satisfaction: Experience vs. Expectations
EXPERIENCE
EXPECTATIONS
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Concept 4:Customer Satisfaction: Experience vs. Expectations
Kotler: Joie de Vivre Hotels
Local : Ayala Land Projects/Malls
RP Medical Application:-Medical Specialists-Aesthetic Doctors-Medical Tourism
Concept 5:Product and Service Quality: Ability to satisfy Needs
?WATER
SOFTDRINKS
COLD
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Concept 5:Product and Service Quality: Ability to satisfy Needs
Kotler: GE
Local : Ayala Land Projects/Malls
RP Medical Application:-Doctor curing a patient-Medicines effectiveness/quality-Medical Professional Capability
Concept 6:Customer Profitability: Net Positive Value
REVENUES
COSTS• Revenues > Costs
• Customer Profitability Analysis
• Activity Based Costing
Labor Cost
Materials
Overhead
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Concept 6:Customer Profitability: Net Positive Value
Kotler: Classifying Customers – Platinum,Gold, Silver
Local : PAL Miles, Golf Club Memberships
RP Medical Application:-HMO’s-Medical Insurance-Clinic Packages/ Memberships Cards
Concept 7:Customer Relationship Mgt.: Managing customer touch points
COSTS
SPEED CUSTOMER FEEDBACK
LISTEN
U
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Concept 7:Customer Relationship Mgt.: Managing customer touch points
Kotler: Microsoft unified billing
Local : BDO extended banking hours
RP Medical Application:-Providing play area for children-Personal Touch of Doctors-Mixing of Medicines
Concept 8:Customer Relationship Mgt.: Retention Dynamics
IDENTIFYPOTENTIALS
?
GOOD
BAD
1ST TIME
REPEATS
CLIENTS
PARTNERS
MEMBERS
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Concept 8:Customer Relationship Mgt.: Retention Dynamics
Kotler: Citizens Bank “lollipop”
Local : Itallianis Membership Card
RP Medical Application:-Clinics Membership Card-Asian Hospital Membership Privileges
Concept 9:Customer Relationship Mgt.: Personalizing Marketing
CLIENTS R’ INDIVIDUALS
TECHNOLOGY
INSTITUTIONAL TIES
WIN - BACK
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Concept 9:Customer Relationship Mgt.: Personalizing Marketing
Kotler: Apple “user” groups
Local : PLDT DSL computer packages
RP Medical Application:-Medical Packages-Tie up with Companies for APE
Concept 10:Customer Database: Uses in Marketing
PATIENT DATA
CUSTOMERDATABASE
COMPUTERSYSTEM
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Concept 10:Customer Database: Uses in Marketing
Kotler: UK Supermarket “TESCO”
Local : HSBC Banks, Online Banking
RP Medical Application:-Hospital Patient Database-Doctor Patients Records-Medical Packages