article thumbnail

Understanding Customers in the Solution Economy

Harvard Business Review

And what they already offer may have no explicit link to an individual customer's business objectives, since the bundles of products and services are constructed to meet generic needs. If not, for all the interest shown by the supplier, the customer is going to view the solution simply as a volume discount offer.

B2B 14
article thumbnail

How the Rift Between Sales and Marketing Undermines Reps

Harvard Business Review

Most companies' marketing materials make generic claims like "an industry leader with decades of experience helping global customers achieve business objectives through unique solutions and uncompromised value." Can I get a discount?" Sound familiar? Blah, blah, blah. Why should they? Your message sure isn't. Their reply?

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Establish Expertise Inside Your Company

Harvard Business Review

Too many people discount their value. You can coach others on writing better business memos even if you’re not Shakespeare, or lead an office running group even if you’re not Usain Bolt. if he hadn’t taken the time to show them how it was relevant to the company’s business objectives.

article thumbnail

The Most Common Reasons Customer Experience Programs Fail

Harvard Business Review

Most customer experience (CX programs) are positioned as strategic, but quickly veer away from business objectives and become simply about tracking CX metrics. Customer Lifetime Value : This is the net present value of all future customer revenues with account for attrition and your discount rate.

article thumbnail

How B2B Marketers Can Get Started with Social Media

Harvard Business Review

Sell in by connecting the benefits of social media marketing to the concerns and objectives of your organization. Since senior management tends to discount the value of social media marketing, stay away from using terms like “followers” and “engagement.” That’s just what Rapaport did.

B2B 8
article thumbnail

Global Companies Need to Adopt Agile Pricing in Emerging Markets

Harvard Business Review

Pricing decisions tend to be made in regional or global headquarters in order to achieve global or at least regional consistency, but this can undermine business objectives when they do not consider local economic conditions and the prices offered by competitors. Their decisions are too centralized.

Price 8