Business Daily from THE HINDU group of publications Thursday, Oct 30, 2008 ePaper | Mobile/PDA Version | Audio | Blogs |
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Brand Line
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Books Columns - Book Mark Power of service magnified
The New Gold Standard Joseph A. Michelli
A guest at a hotel was getting ready for an early morning meeting that was to happen in a matter of hours. Suddenly he realised that he had forgotten his formal dress shoes. The anxious guest enquired of Mark, the hotel staff, if there was any place that he could get a pair of shoes at that hour. Alas, no store would open prior to the start of the guest’s meeting, said Mark. But a solution was still possible, Mark thought, because the guest’s shoe size matched his own. “Mark offered to bring the guest a pair of formal shoes that he had worn only at his wedding. When the guest accepted the offer, Mark raced home and brought the shoes back to the hotel.” This is one of the ‘Wow’ stories that Joseph A. Michelli narrates with verve in The New Gold Standard ( www.tatamcgrawhill.com), drawing from instances of ‘legendary customer experience’ in the Ritz-Carlton Hotel Company. This example was selected as a companywide Wow story, informs Michelli. The power of service, the author says, is magnified, when leadership acknowledges teamwork and efforts that break down traditional departmental-based or location-based ‘stove pipes.’ Valuable read. The cheapest may vanish sooner
Winning New Business Essential Selling Skills for Non-Sales People Richard Denny
As a salesperson, do you believe that to win new business your offer has to be the cheapest? If ‘yes,’ you can be inviting Richard Denny’s wrath. “The role of the professional salesperson is to be able to win business when the product or service is not the cheapest, and that is why excellent companies invest in upskilling their sales people with professional selling skills,” says Denny in Winning New Business: Essential Selling Skills for Non-Sales People ( www.vivagroupindia.com). He reasons that with a greater product knowledge and an ability to explain to customers the features and benefits of the products, your trained sales people will be able to justify the price. Recommended study. Aesthetics ranks above price
Aesthetics in Marketing Aesthetic mix includes the ergonomic, auditory and olfactory aspects apart from the visual aspect, write Rajat K. Baisya and G. Ganesh Das in Aesthetics in Marketing ( www.sagepublications.com). They find that aesthetics can at times become ‘a surrogate for quality of the product, brand image, corporate image and brand equity.’ Case studies included in the book speak of how higher age group positively affects the importance given to aesthetics while buying home appliances, and of why, in automobile purchase, educational qualification and income play an important role. Interestingly, “when compared with important purchase behaviour variables, aesthetics ranks above price.” Also, aesthetics is identified as an important factor in product failure and re-launch! Of value. D. Murali BookPeek.blogspot.com More Stories on : Books | Book Mark
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