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Communicating with
Key Stakeholders
Corporate Communication
Chapter 8 (1)
Dr. Inas A.Hamid
1
The organization
The key stakeholder groups:
Employees
2
O Some modern organizations have created specialized
departments responsible for communicating with these
groups:
O Customers
O Regulators
Marcom
Investor
Relations
Investors
Government
, legislators
Employees
PR
NGOs&
Activists
3
Why we should communicate with these
groups?
O Conveying information about the corporate.
O Have their support in developing as well as
carrying out marketing campaigns.
4
O It is important to use specialists when
communicating with these groups. These
specialist should :
O Know the history of the company and how
they adapted to the interest of their target
group.
O Understand the corporate reputation.
5
1- Customer Relations
O Companies use effective Marketing
communications to develop good relations
with their customers.
6
O Globalization and the spread of the Internet
introduce new pressure on corporations to balance
between behaving “responsibly” and promoting
their products.
promoting
7
O In many companies, consumers relations began strictly
as a way to handle complaints, and this was an alert to
management.
O More recently, companies have broadened the consumer
relations function to encompass such activities as;
O developing guidelines to evaluate services and products
for management,
O developing consumer programs that meet consumer needs
and increase sales.
O Developing field-training programs for employees.
O Evaluating company effectiveness in demonstrating
concern for customers.
8
Consumer Relations Objectives:
 Building sales is the primary consumer relations objectives.
 Keeping old customers satisfied and respond to their
concerns.
 Attracting new customers; specially if the prices and quality
of competing products are similar. In choosing among
brands, customers may base decisions on how they have
been treated.
 Marketing new items or services.
 Handling complaints.
 Reducing costs. Many firms have adopted programs to
educate customers about use of their products, because
when products are returned the company will lose money and
time.
9
O For decades, publicity to consumers about
products and services revolved around the
traditional media( Advertising – Sales promotion
– PR – Personal selling – website …………………….).
10
 The internet, far more than any other medium, has
given consumers a voice and a forum where their
collective voices can be heard, shared, and researched.
• The Internet leads to “online consumer word-of-mouth”,
and this can be achieved by”
• Blogs
• Message boards and forums
• Public discussions
• Online opinion sites
• Online feedback and complaints sites.
11
New trends in CRs
Experience marketing. In recent years there is a
growing interest in “experience marketing” , which is
based on getting potential customer to experience
the product or the service / and the whole
organization which will:
increase the credibility of the company's
communications.
 Increase the sales.
 create a bond between customers and organization.
 Increase loyalty and repeat purchases.
 Create an emotional involvement by potential
customers.

12
What people are really desire are not products,
but satisfying experiences.
O You pay more for a cup of Starbucks or
Costa coffee, not only for the quality of the
coffee, but for the entire environment,
special language…...
People want some products because they
want the experience.
13
Facility tours. Regular
tours have been used
recently by some
companies to present
what the company
stands for and the way of
producing its products.
• Sometimes the
costumers can
customize the
products they will buy,
and by this way sales
may increase.
14
 Many research has studied point to the deficiencies of
marketing communication in building effective customer
relations;
 Lack of credibility in marketing communications.
 Contradiction between MarCom and corporate &
organizational communication. This contradictory can be
solved by developing reputation platform and the
communication should created from that platform.
15
There should be an integration and consistency
between MarCom and Corporate
Communication. This can be achieved by:
1- Depending on the reputation platform in
developing marketing communication and
organizational communication.
O LEGO “a Toy Company” builds its communications
around a reputation platform of “creativity”.
O LEGO,s slogan “ The Power to Create”.
O Creativity has been used in the way the company
presents itself; in toys stores, parks, DVD games
and on the internet.
16
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18
McDonald's created its communications around a
reputation platform of ‘the fastest delivery’.
19
Assignment
O Marketing communication activities suffer
from a lack of credibility. Why?
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www.inasahamidblog.wordpress.com
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