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Higher Profits through Customer Lock-In: A Roadmap...
2005 

 
Higher Profits through Customer Lock-In: A Roadmap
Book
English
31-Jan-2005
200
0324202652
no details
Thomson South Western Educational Publishing
5191 Natorp Blvd
US-OH 45040 Mason
+49-513-229-1000
no details
Higher Profits through Customer Lock-In: A Roadmap
no details
free

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Short description - Higher Profits through Customer Lock-In: A Roadmap

For the most part, Customer Satisfaction programs are ineffective. Companies need to strive for Customer Lock-in. Customers are locked into a company's product when the switching costs are high. This could result from the product being integrated into the companies business systems (Microsoft, SAP, etc). Thus, managers must ask themselves, "how can I increase the switching costs of my customer?" Bueschken's The Profile Consumer is Not Satisfied, but Locked In covers different strategies for locking in customers.