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Theory of Communication Strategy 5w
Theory of Communication Strategy 5w
The customer & his wants are not static and but keep evolving depending on
influencers both ---internal ( customer’s inner private self ) and external
(a----growth of knowledge & information , b--technology & its ability to
deliver products & c--- the socialization process ) .
The internal influencer—the inner driver leads the customer to seek ‘better
value “depending on the customer’s position in the Maslow’s hierarchy of
need .
Communication is the common thread that not only ties up the customer’s
private “self” with the outside influencers , but also has a role in linking the
outside influencers with each other
Fig 18.4 shows the influences at work on the customer in both shaping of
customers wants. The process is a dynamic & an on-going one.
a) Seeking better value delivery for current wants thru current products i.e
the desire to satisfy the present needs & wants thru present products in a
better way
b) Seeking better value delivery of current wants through alternate products
i.e.altenate ways of satisfying present needs & wants &
Seeking better value delivery of new wants thru new products Here products
have to be designed for fulfilling new & emerging needs & wants.Firms that
able to generate a ‘fit’
…3…
between the customer;s emerging requirements & the firms activities are
likely to achieve success .
The firm may have to rely on modification strategies . The modification could
be in product features ( eg Whirlpool washing machine ordinary & silver
wash or single door & double door refrigerators or Maggi instant noodles/
instant soup noodles ) , production processes, styling , distribution of the
product ( for easier accessibility ) or even repositioning ---( to highlight those
features which can give additional value , which were not perceived by the
customer in that manner (e.g Promise , Kissan Jams ) .
The firm also needs to develop new products to meet the emerging wants of
the customers e.g Tata Indica & Tata Nano.The individual firm has to
develop core strengths , that can help build systems as well as structures
that agument innovation. This process shud form a part of the firm’s strategy
. Innovation often results from working closely with the customer or from
cooperation within the firm’s depts. With a concerned focus for delivering
better value . It could also emerge from cooperating with related or
supporting industries, firms own R& D , as well as new people joining the
firm.Links with scientific community , laboratories, universities & other
research institutions , also helps the firm prepare itself in meeting the
challenge of change thrown up by the new & emerging wants of customers.