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CHAPTER 11 - MARKETING (The Customer Proposition) Question Response: Briefly Explain 1 Why is it not enough to offer and provide just a product or

CHAPTER 11 - MARKETING (The Customer Proposition)

Question

Response: Briefly Explain

1

Why is it not enough to offer and provide just a product or a service?

2

Today, we are in an era where customers expect "mass customization" of products - what is this + why do customers value this?

  • Does it affect the pricing model - if so, how?
3

Can customer-centric companies offer customer experiences using only their OWN resources - why or why not?

4

What's the difference between mass customization, and mass individualization?

5

Explain the "Long Tail" distribution strategy

  • What is the value of this model?

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