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How to Focus on the Right Customers for a Strategic Advantage | Peter Fader

How to Focus on the Right Customers for a Strategic Advantage | Peter Fader

FromCX Conversations


How to Focus on the Right Customers for a Strategic Advantage | Peter Fader

FromCX Conversations

ratings:
Length:
23 minutes
Released:
Apr 7, 2020
Format:
Podcast episode

Description

In this episode, Gabe chats with Peter Fader, Professor of Marketing at The Wharton School of the University of Pennsylvania and author of Customer Centricity. Peter challenges the idea that every customer is the right customer. He says instead that we need to change how we treat customers depending on how long they will continue to be a customer, how many purchases they will make, and how much a business will earn from those transactions. He talks about how this shift in perspective will affect the entire focus of a company.Intro 0:14Not All Customers Are Created Equal 2:09Segmenting Customers 7:57Customer-Based Corporate Valuation 14:20Key to Finding Success in Customer Centricity 17:35https://www.kustomer.com/https://www.thetaequity.com/Intro 0:14Not all customers are created equal 2:09Segmenting customer 7:57Customer based corporate valuation 14:20Key to finding success in customer centricity 17:35https://www.kustomer.com/https://www.thetaequity.com/
Released:
Apr 7, 2020
Format:
Podcast episode

Titles in the series (100)

The Customer Service Secrets podcast is devoted to sharing highly coveted secrets from customer service, customer support and customer experience professionals across industries. The host of this podcast, Gabe Larsen, the VP of Growth at Kustomer, shares his own experiences in the customer service and customer experience space, while also drawing on the knowledge of experts and thought leaders who are making strides in their various fields. Gabe has spent the majority of his career gaining knowledge of customer experience and applying it at companies such as Accenture, Goldman Sachs, Gallup, InsideSales.com, and Kustomer. The goal of this podcast is to give the listener knowledge that they can apply directly to their own career, regardless of their job title, in each and every episode.