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ND e-commerce Carl Arrowsmith Session 6 Identifying and meeting customer needs.
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Transcript of ND e-commerce Carl Arrowsmith Session 6 Identifying and meeting customer needs.
![Page 1: ND e-commerce Carl Arrowsmith Session 6 Identifying and meeting customer needs.](https://reader036.fdocuments.us/reader036/viewer/2022081808/5a4d1af37f8b9ab05997ff46/html5/thumbnails/1.jpg)
ND e-commerceCarl Arrowsmith
Session 6Identifying and meeting customer needs
![Page 2: ND e-commerce Carl Arrowsmith Session 6 Identifying and meeting customer needs.](https://reader036.fdocuments.us/reader036/viewer/2022081808/5a4d1af37f8b9ab05997ff46/html5/thumbnails/2.jpg)
Last Time
• Ways to boost customer/company confidence, ISIS, comments, feedback, about page etc.
• Site Downtime
• Devised your own company
![Page 3: ND e-commerce Carl Arrowsmith Session 6 Identifying and meeting customer needs.](https://reader036.fdocuments.us/reader036/viewer/2022081808/5a4d1af37f8b9ab05997ff46/html5/thumbnails/3.jpg)
Session Objectives• How to identify customer needs
• Meeting / Delivering customer needs
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Customers needs• Customers have requirements, if those
requirements are not fulfilled they will use another company
• A great range of requirements, e.g. – Site design– Confidence– Service / Standards– Products– Trading Terms
![Page 5: ND e-commerce Carl Arrowsmith Session 6 Identifying and meeting customer needs.](https://reader036.fdocuments.us/reader036/viewer/2022081808/5a4d1af37f8b9ab05997ff46/html5/thumbnails/5.jpg)
e-commerce needs• Work in groups as owners of your
virtual businesses, devise a list of things that consumers may need from an online company. With regards to:
• Site Design• Products• Confidence• Service & Standards• Trading Terms
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Ways to identify needs• Thinking of needs as a business is all well and
good but how can you identifying specific customer needs ?
• Questionnaires– On web or sent to current/potential clients
• Customer Profiling– Use data collected from site survey, products
purchased• Discussion/meeting with clients• Looking at competitors• Devise a questionnaire that your company
could use to evaluate customer needs
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Meeting Needs• Development of products• Change/add services• Customisation
– Personalises services, e.g. Amazon will change content (products and offers) according to past purchases
• Implement other ideas given by customers
• Not all needs can be met, due to cost or available resources
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Delivering needs• Analyse your questionnaire: • Write down things that your company
can implement to meet customer needs shown by your questionnaire
• Have your companies prospects improved by asking customers their requirements ?
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Effects of meeting needs• Customer acquisition
• Customer retention
• Additional Purchases
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Boosting Profits• Cost of acquiring online customers is 20
to 30 % greater than traditional outlets• Start-up companies may remain
unprofitable for 2-3 years due to costs.• By retaining 5% more customers, profits
can be boosted 25-95% (Reicheld & Schefter 2000)
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Covered today• How to identify customer needs
• Meeting / Delivering customer needs
![Page 12: ND e-commerce Carl Arrowsmith Session 6 Identifying and meeting customer needs.](https://reader036.fdocuments.us/reader036/viewer/2022081808/5a4d1af37f8b9ab05997ff46/html5/thumbnails/12.jpg)
Next Time - Group Presentations