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Business to business (B2B) transactions account for 60-70% of all
transactions globally. Considering this, many supplier firms aspire
to create high levels of customer engagement, and this involves
identifying various ways to improve customer experience. In fact,
companies such as Google, Amazon, Microsoft, and others now employ
professionals in customer engagement roles and dedicate entire
corporate divisions to ensure seamless customer engagement.
Creating high customer engagement is challenging without a
cohesive, strategic approach - particularly in B2B markets. This
textbook introduces students to customer engagement strategy in B2B
markets, the foundation of which is customer engagement capability.
Companies must develop and implement four sub-capabilities -
customer journey management, customer relationship management,
customer communications and data analytics and insight to succeed.
With a myriad of case studies, discussion questions and prompts for
further reading, the textbook translates theory into practice and
serves as a useful foundation for executive courses as well as
fundamental reading for masters-level specialist courses in
customer engagement, marketing, sales, and strategy. In addition,
practitioners in supplier firms will also be able to use to build
their customer engagement capability.
Organisational buying is the purchase of goods and/ or services, by
one or more individuals acting on behalf of the buyer firm, after a
formal or informal consideration of purchase alternatives, and, the
integration or use of those goods and/ or services to address one
or more buyer firm problems or issues. Organisational buying
accounts for about two-thirds of economic transactions globally.
However, organisational buying has traditionally been taught in
discipline-specific silos. Organisational buying concepts appear in
courses on marketing and sales management, procurement, contract
management, supply chain management, operations management,
finance, as well as accounting. Moreover, most organisations treat
organisational buying activities in a similarly disjointed way.
This book provides a comprehensive overview of organisational
buying that integrates perspectives from across a range of
disciplines and organisational functions. The primary goal of the
book is to develop a holistic interpretation of organisational
buying. It covers topics such as: * Purchase situations. * The
organisational buying process. * The purchase decision and the
value proposition. * Communications in organisational buying. *
Buyer-supplier relationships. * Organisational buying capabilities.
* Organisational buying culture. * Organisational buying approach
design. * Channels of supply. * Networks and organisational buying.
Written in a practical, approachable way the book includes a range
of exercises, case examples, learning objectives and discussion
questions to support a broad spectrum of organisational
buying-related courses.
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