Customer value dimension | Examples of executive “translations” of customer value into their specific business |
Economic | Price image, prices and quality that attract the large masses A good price-quality ratio, special offers, season sales Customer loyalty programs, private label products |
Functional | Product presentation, products that customers want Store location and coverage, store located in many shopping centers Store size, store is easy to navigate, no waiting in line Staff solves customers’ problems Providing enough information for customers to be able to make comparisons, trustworthy |
Emotional | Personal service, the role of staff and manager Special products and limited offers Product presentation, products that go well together Store atmosphere and visual cues Customers can relax and pamper themselves |
Symbolic | Life style, values and social responsibility Store image, brand awareness, brand image advertising Flagship stores, stores located in upscale shopping centers Product brands, customers care about the products |