Customer strategy in services industries

Conference Publication ResearchOnline@JCU
Hamilton, John
Abstract

Services industries are diverse, and range from the full service-only dimension through to services that support a product. In almost all cases the service involves capturing, or engaging with, the customer. A Service Value Networks (SVNs) approach offers a new way to engage with the customer. This approach moves the existing business models into the near-real-time customer tracking environment. This paper discusses complex doorways (elucidated by a SVNs approach) through which competitive new business approaches may be better understood, and developed, in line with customer drift, and/or customer changes in sentiment. The customer decision-making process to engage in a transaction process with the business, and the specific business-customer encounter pathways that ensue, contribute to the final customer engagement decision. The 'bricks' (off-line physical) business and to 'clicks' (on-line virtual) business both fit within the SVNs approach. This approach may be applied to tertiary institutions and student monitoring.

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ICEB 2007 Seventh International Conference on Electronic Business: Service Innovation and Value Creation in Experience Economy

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1683-0040

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Pages Count

7

Location

Taipei, Taiwan

Publisher

International Consortium for Electronic Business

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Publisher Location

Taipei

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