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The Customer Learning Curve: Creating Profits from Marketing Chaos
 
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The Customer Learning Curve: Creating Profits from Marketing Chaos [Hardcover]

Karl Hellman (Author), Ardis Burst (Author)
5.0 out of 5 stars  See all reviews (2 customer reviews)

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Book Description

November 14, 2003 0324226675 978-0324226676 1
The Customer Learning Curve examines every aspect of selling a product or service from the customer's point of view. It enables you to take an integrated, customer-centered approach and help move the customer through the learning curve more effectively. It helps you cope with too many choices, deal effectively with disruption, make midcourse corrections, assess the progress of a new product or service, and assist top management in making good choices. Companies need a strong model for understanding customers, but their approach is often piecemeal because each department focuses on a different component - technology, price, service, communications, and distribution. This book starts with the premise that a company's most important marketing process is the one that goes on in the customer's mind. From the customers' perspective, the company's division of labor is irrelevant: The mental process of learning about, deciding to buy, purchasing, and using a product or service is a single continuum. That continuum is the Customer Learning Curve (CLC), that ranges from customers having a need (but perhaps not even knowing it) to being loyal -- repeat users. The CLC is a proven model, grounded in years of research and consulting with business-to-business and consumer goods companies-companies that have consistently achieved breakthrough results from their CLC-guided marketing efforts. This book will give you the information you need to join these marketing success stories and make the CLC work for your business.

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Editorial Reviews

Review

[The Customer Learning Curve helps Earthlink deal with the disruptions it faces almost routinely, says its president.] During times of change, strategic marketers are faced with a combination of too much new information and the chaos of trying to organize the information usefully. The Customer Learning Curve provides a framework for sorting through and making sense out of the overwhelming amount of information available today. Getting information is not the problem. It's understanding it and taking correct action in these disruptive situations that's the challenge.

Tools like the Customer Learning Curve have made a significant contribution to making world-class product management a source of competitive advantage and a means to serving our clients better at JPMorgan. It is a prime example of the power of the Customer Learning Curve's client-centered, fact-based approach to marketing that we've begun to implement.

The second advantage is that it provides a road map for finding the right numbers and crunching them. Spreadsheets made it easy to crunch numbers, and the Internet made it easy to find numbers, and now Hellman and Burst make it easy to put the two together so that a reasonably thoughtful practitioner can do the right analysis with the right data. This book should be on the bookshelf of anyone who has a task like "prepare annual marketing plan" on their to-do list.

The most important marketing process takes place in your client's mind. I never cease to be amazed at how the customer's perspective integrates organizational silos (marketing, sales, customer service and operations) and serves as the pathway to breakthrough results. This book is full of uncommon knowledge about common problems. It serves as the cornerstone of our client engagements.

The post-purchase steps of the Customer Learning Curve offer genuine insight and valuable ideas that we are using to ensure continued success. With the aid of this book, an organization can easily identify and concentrate on improvement steps while acquiring tips on addressing these opportunities.

About the Author

Karl Hellman is co-founder of Resultrek, an international management consulting firm specializing in strategic marketing, marketing skills development, and customer relationship management. Mr. Hellman has built three successful consulting practices over his 23 years as a management consultant and has worked with more than 1,200 strategic marketers to help them improve their results. Currently his client base is divided equally between telecommunications (clients include MCI/WorldCom, SBC, BellSouth, Telefonica, Telia, et al.) and energy companies (clients include Southern Company, Northeast Utilities, Commonwealth Edison, Midlands Electrical Board, et al.). He is a sought-after speaker on marketing effectiveness, strategic planning, idea generation, and customer satisfaction. His writings have appeared in Telephony, Public Utilities Fortnightly, and Marketing News. Mr. Hellman holds a BA in Economics from Beloit College (Phi Beta Kappa, Cum Laude) and an MS in Managerial Economics & Decision Sciences from Northwestern University. He may be reached at khellman@resultrek.com.

Product Details

  • Hardcover: 210 pages
  • Publisher: South-Western Educational Pub; 1 edition (November 14, 2003)
  • Language: English
  • ISBN-10: 0324226675
  • ISBN-13: 978-0324226676
  • Product Dimensions: 9.2 x 6 x 0.7 inches
  • Shipping Weight: 13.6 ounces (View shipping rates and policies)
  • Average Customer Review: 5.0 out of 5 stars  See all reviews (2 customer reviews)
  • Amazon Best Sellers Rank: #2,495,893 in Books (See Top 100 in Books)

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6 of 7 people found the following review helpful:
5.0 out of 5 stars A fantastic model for understanding customers, March 10, 2004
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This review is from: The Customer Learning Curve: Creating Profits from Marketing Chaos (Hardcover)
Finally, a real-world model for evaluating the effectiveness/impact of every aspect of your marketing program. This very readable book demonstrates, with numerous proven examples, a marketing tool that finally enables marketers and everyone focused on profit to answer the age old question, 'Which part of my marketing programs are truly effective?'

By page 24, chapter 1, I learned to use a simple (math-a-phobics will love this book!) mathematical tool to evaluate every step of the marketing process, from building awareness to supporting the distribution channel, motivating the purchase, and creating post purchase satisfaction that will lead to re-purchase. The examples guided me through an evaluation of the most impactful ways to spend marketing dollars, and the whole process is done in a way that can easily be explained to upper management.

The "Customer Learning Curve" is a fantastic tool!

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0 of 1 people found the following review helpful:
5.0 out of 5 stars Interested in growing a business? Read on..., July 12, 2007
This review is from: The Customer Learning Curve: Creating Profits from Marketing Chaos (Hardcover)
The beauty of the "Customer Learning Curve" is its pulling together the multiple pieces of the overall business growth puzzle necessary for systematically achieving market success. A very well done book!

- Kevin McClair, Financial Services Industry Veteran and Wharton MBA
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