Customers are a company’s largest source of cash flow. To be successful at growing their customer base, firms need to go beyond marketing communication and focus on marketing strategy. This course will help participants take a strategic approach to understanding marketing. You will learn how to understand and articulate a marketing strategy plan that is based on customer value. You will also learn how to capture customer-value through strategic pricing, communicate customer value, measure customer value, and then define value for new products and technology. Each class will use lectures, cases, and in-depth discussions to deliver the concepts. 

Overview

Who Should Attend

The course will benefit those who want to improve their strategic marketing skills beyond the communication and branding function.

Length of Program

Certificate ‚Äď 7 days (5 modules over the course of 3 weekends)
Individual Modules - 2 days & 3 days

Cost

Certificate - $7,995
Individual Modules - $1,250 per day

The program fee includes all educational materials, instruction, breakfast, lunches, snacks, parking, a commemorative gift, and a certificate of completion.

Group Discounts

Groups of three (3) or more receive a 10% discount off the program cost. Line up your team now!

CPE Credits Are Available  

Program Focus

Understanding Customer Value & Firm Strategy

Module Learning Objectives: 

  • Learn to focus firm resources in a profitable manner
  • Learn how to write a positioning statement that can focus a firm‚Äôs strategy to fulfill customer needs and extract customer value.
  • Understand the elements of delivering a positioning statement-based value to customers

Capturing Customer Value Through Strategic Pricing

Module Learning Objectives: 

  • Understand how to develop pricing strategies based on customer value perceptions
  • Gain an understanding of behavioral elements of strategic pricing
  • Learn how to create and analyze pricing

Communicating Customer Value

Module Learning Objectives: 

  • Learn to use the means-ends-chain to understand and communicate value
  • Develop communication strategies that resonate with customers
  • Understand the hierarchy-of-effects for communication success

Customer Analytics To Measure and Communicate Customer Value

Module Learning Objectives: 

  • Develop an understanding of measuring, monetizing, and maximizing customer lifetime value
  • Learn to create importance performance charts to identify areas of importance
  • Learn to use customer satisfaction surveys to identify attributes and benefits that should become strategic priorities

Defining Value For New Products and Technology Commercialization

Module Learning Objectives: 

  • Understand how to measure values from a customer‚Äôs point of view
  • Study how to estimate demand for new products using intentions surveys
  • Learn customer input in the product-commercialization process

Vikas Mittal

J. Hugh Liedtke Professor of Management (Marketing)
713-348-6254

Robert Westbrook

William Alexander Kirkland Professor of Marketing
713-348-5632

Ajay Kalra

Herbert S. Autrey Professor of Marketing
713-348-2387

Amit Pazgal Ph.D.

Friedkin Chair in Management and Professor of Marketing and Operations Management
713-348-5405

Utpal Dholakia

George R. Brown Professor of Marketing & Head of Energy Industry Initiatives
713-348-5376