The marketing landscape has transformed from focusing on products and services to emphasizing customer experiences. This shift is driven by the understanding that consumers are interested in the functional attributes of a product or service and the overall experience associated with it.
For example, Nike has shifted from being a product company to creating an all-encompassing customer experience. Nike has done this in several ways. First, they have leveraged technology to enhance the customer experience. For instance, the Nike Run Club app offers personalized training plans, tracking capabilities, and motivational audio-guided runs, transforming the solitary act of running into a shared community experience. Nike's retail stores are designed to create an immersive brand experience. They offer services like expert advice, workout sessions, and the ability to customize products, making shopping at Nike a memorable event rather than just a transaction.
Similarly, Apple does not just sell technology products; it offers an integrated and seamless Apple experience that starts with product design and extends to customer service, retail store design, and even the unboxing process.
Technological advancements have facilitated this transition by enabling firms to interact directly with their customers and personalize their offerings, enhancing the overall customer experience.
From Chapter 5:
Now Playing
Creating Customer Value: Product to Experience
769 Views
Creating Customer Value: Product to Experience
769 Views
Creating Customer Value: Product to Experience
264 Views
Creating Customer Value: Product to Experience
246 Views
Creating Customer Value: Product to Experience
332 Views
Creating Customer Value: Product to Experience
886 Views
Creating Customer Value: Product to Experience
266 Views
Creating Customer Value: Product to Experience
502 Views
Creating Customer Value: Product to Experience
207 Views
Creating Customer Value: Product to Experience
231 Views
Creating Customer Value: Product to Experience
214 Views
Creating Customer Value: Product to Experience
293 Views
Creating Customer Value: Product to Experience
154 Views
Creating Customer Value: Product to Experience
356 Views
Creating Customer Value: Product to Experience
310 Views
See More
Copyright © 2025 MyJoVE Corporation. All rights reserved