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Author:Kahn, B. E.
Title:Marketing in the 21st century; Dynamic relationships with customers: high-variety strategies.
Journal:Journal of the Academy of Marketing Science
1998 : WIN, VOL. 26:1, p. 45-53
Index terms:CUSTOMERS
CLIENTS
MARKETING STRATEGY
Language:eng
Abstract:A proposal is made that one way to compete effectively in the 21st century is to meet customers' needs over time better than the competition by offering a high- variety product line. More variety in a product line can make it more likely that each consumer finds exactly the option he or she desires (customization strategy). In addition, more variety in a product line can allow each consumer to enjoy a diversity of options over time (variety-seeking strategy). Other issues such as profitability, cost considerations, how much variety to offer and where in the delivery cause confusion or overload are also discussed.
SCIMA record nr: 174987
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