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Author:Rosenblum, D.
Tomlinson, D.
Scott, L.
Title:Bottom-feeding for blockbuster businesses
Journal:Harvard Business Review
2003 : MAR, VOL. 81:3, p. 52-59
Index terms:Marketing
Competitive strategy
Corporate strategy
Consumers
Customer relations
Loyalty
Market research
Market segmentation
Strategy
Organizational behaviour
Language:eng
Abstract:Marketing experts tell companies to analyze their customer portfolios and eliminate buyer segments that do not generate attractive results. On the surface, the movement to banish unprofitable customers seems reasonable. In this article, the authors look closely at bottom-feeders, that is, companies that assessed the needs of supposedly unattractive customers and redesigned their business models to turn a profit by fulfilling those needs. And they offer lessons other executives can use to do the same.
SCIMA record nr: 243984
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