Posts Tagged ‘Consumer behaviour’

Customer Service Institute awards UTS Business students

Sunday, July 18th, 2010

Ten UTS Business students are taking home a 3Gs iPhone, for their outstanding coursework in the area of customer service excellence. The phones were donated by Telstra, as a unique prize for undergraduate and postgraduate students studying services, marketing. The curriculum was developed by the UTS School of Marketing in collaboration with the Customer Service Institute of Australia (CSIA).

Speaking at the awards ceremony, Professor of Marketing, School of Marketing and Director, Centre for the Study of Choice, Professor Jordan Louviere said, ‘These sorts of things are important for the university and the students … that Telstra and the CSIA would make the awards available is more evidence of the fact that that people value these sorts of functions.’

Telstra and the CSIA congratulated UTS Business for its leading approach in teaching services marketing strategy.

Nathan Peters, Manager, Service Management, Telstra Enterprise and Government, said UTS is filling an important gap in business studies. ‘What the marketing department is delivering in terms of customer satisfaction and business-to-business relationship management is really important.’

He explained that business is built on customer relationships that need to be managed and nurtured.

Associate Lecturer for the School of Marketing, and coordinator and lecturer of the services marketing courses, Anouche Newman first invited the CSIA to present a guest lecture in her course in 2009. The relationship has flourished and now the CSIA is closely engaged in delivering course content and awarding students for high quality assignment outputs that are focusse don applying theory to practice.

‘The students love it because it’s industry coming into their course.’

Ms Newman said students often fail to see the connection between the theory they are taught and how to apply this in a work context. ‘The assignments we’ve developed enable them to do that.’

Executive Director of the CSIA, Brett Whitford said he had never seen so many ‘high brass’ members of faculty in one room together, as at the awards ceremony. ‘I think it’s a tribute to the University and how much they care about what (the students) have achieved.’ He said the undergraduate and post graduate courses are teaching ‘real world’ customer relationship management skills. Whitford said the course focus on retaining customers is very important because of the costs associated with acquiring new customers. ‘A retained customer is five times more profitable than a new customer, so if you can retain customers, it’s a really good business strategy.’

As an example of how costly poor customer service can be for business, he said the Australian telecommunications industry spent close to $50 million on ombudsman complaints in 2009.

‘I’m pretty happy that there’s a crop of students coming out that have the skills that can be used right away to improve service hopefully for everyone in Australia.’

Whitford congratulated the Business Faculty for being ‘motivated, practical and inclusive.’ He said international students ‘really shone in these projects,’ and UTS is doing ‘a great job’ in harnessing international expertise at the post graduate level.

MA in Business and Marketing students, Grace Barton, Rowena Jo, Robert Baker and Christine Chang, shared the top prize for their group project with Selina Chang, who is graduating with a MA in International Marketing.

They developed a customer charter for Virgin Active Gyms, a new and growing Sydney business. ‘Virgin active have a very special way of doing things and we were able to style the charter so it sounds like them. In the end, we thought we were them.’ Said Grace Barton. The winning undergraduate students were Thomas Grant, Jacinta Zhang, Caitlin Page, Angela Haghighat and Florence Lee for their group project on service recovery strategies. ‘We learnt a lot applying the theory and we found the work enjoyable as well.’ Angela Haghighat said.

The partnership between the School of Marketing and the CSIA continues to strengthen with plans afoot for the CSIA to sponsor a formal University prize next year.

Edition 10: Good Food and Wine

Friday, July 16th, 2010

The Good Food and Wine Show opens at Darling Harbour Exhibition Centre today, Friday July 16. We talk with James Laing, Group Exhibition Director of Diversified Exhibitions and the man in charge of this nationally renowned expo of the country’s top gourmand producers and growers, celebrity chefs, quaffable wines and obscure seasonings.

Now in its 9th year, the Good Food and Wine Show has tracked the explosion in interest in what we eat and drink in Australia, riding the wave of fascination in down to earth cooking techniques and as gourmet trends, to become one of the country’s largest consumer exhibitions. Opening across Melbourne, Sydney, Perth, Brisbane and Adelaide the Show welcomes 140,000 people through its doors each year, exposing them to new ideas for their kitchens and teaching them new techniques. The business is growing every year and James discusses the dynamics of managing a challenging consumer venture in a booming industry.

iMania or iFad?

Saturday, July 10th, 2010

From guest blogger Gabriella Lahti

On the day of the iPad launch, there was a special feeling in the air. Excitement, frustration, happiness, desperation. The people outside the Apple Store all wanted to have it, to be a part of the family. Did people know whether the iPad was great or not before they lined up outside the store?

Probably not, but they believed in it. Just like lining up to receive the Lord’s Supper in church, they believed in it.

A great example of consumerism, triggered by a belief, a want, to be a part of something bigger and to be a member of the family, the iFamily.

The fear of being an outsider is more powerful than the fear of spending your whole salary on an iPad.

We have all heard it all before, but it could be healthy to go through this again:

What do these products give us, more than the thousands of applications and the access to the internet? Why do we need so many of Apple’s products and who would we be without them? Is that a scary thought?

Three years ago, Apple’s iPhone had not yet arrived on the market. The iPad was just a rumour. Since then, Apple has been spewing out new products; skinnier, smaller and with better quality each year. At least we keep telling ourselves that.

Steve Jobs gets skinnier too, you know.

Despite undergoing a liver transpant last year, Apple’s Chief Executive Officer, Steve Jobs, has frequently attended conferences, interviews and seminars to talk about new Apple products.

About a month ago at the Wall Street Journal’s D: All things Digital (D8) conference, Jobs said:

‘Apple is a company that (…) doesn’t have the most resources of everybody in the world and the way we succeeded is by choosing what horses to ride really carefully.’

He further explained that Apple’s goal is always to choose the technology that has a future.

‘If you choose wisely, you can save yourself an enormous amount of work, verses trying to do everything”, he said.

Jobs explained why Apple decided to not allow Flash on iPhones, iPods and iPads, saying it didn’t matter that 75 percent of the video on the internet was available in Flash because Flash ‘looks like a technology that had its day’.

Jobs said he was only interesting in creating products people would think were great, such as the iPad.

‘We are trying to make great products for people. So far I have to say that people seem to be liking iPads. We sold one every three seconds since we launched it’, Jobs said enthusiastically. This is Steve Jobs doing what he what he does best; he makes choices. With the iPad, he decided to save himself an enormous amount of work, verses trying to do everything, and called the iPad a great product. It was a great product and everyone needed one.

And so we swallowed the Lord’s Supper; opened our wallets and paid. At the D8 conference, Jobs said this about the future:

‘PCs are going to be like trucks. They are still going to be around. They are still going to have a lot of value… but they’re just going to be used by one out of x people.’

But I think Jobs forgot something. Jobs is not God, he is just a worm inside of an apple, eating his way through life.

As much as the people right now seem to be in some sort of hypnotised iMania mode, evolution is always going to be a fact. Sooner, rather than later, there will be a new competitor in the market who also knows which horses to ride.

A competitor who remembers the fact that people get bored easily and are drawn to new looks, feelings, flavours. Things we need and want… things to believe in.

Plus we all know, eating a rotten apple gives you a stomach ache.

Gabriella Lahti is the producer of Business21c Weekly, our regular business podcast. She is studying a Masters in Journalism at the University of Technology.

Brand Karma: What Matters in 6 Words

Tuesday, June 22nd, 2010

• What kind of a world do you want to live in? What kind of a world do you want to leave your kids?

• Should we lie in the marketing-made bed of unsustainable consumerism, or do something different?

• Can brands really be a force for good?

Tweet your answers to these questions in just six words – using the hashtag #whatmattersin6 – to be part of a global conversation being facilitated at the Cannes Advertising Festival by Craig Davis, Chief Creative Officer of Publicis Mojo.

These questions – and more importantly, creative solutions to them – will provoke robust discussion in the Palais at the Cannes International Advertising Festival on Wednesday June 23, when creative leaders Dave Droga and Craig Davis are joined by Phil Rumbol (marketer and global advertising leader, Cadbury plc).

Their interactive session What Matters Now? will examine whether advertising and marketing can help create a sustainable future. And it will look at some emerging tools that point to how.

One of the tools is www.BrandKarma.com, the world’s first brand-centric social media platform and an idea that Craig Davis, the site’s founder, believes is central to the continued relevance and potency of any brand.

‘Brands are the currency of our industry. They are also the $2 trillion public face of the economy, and they are becoming compelling content in and of themselves. This makes them both more interesting – and powerful – than marketing gives them credit for,’ says Davis.

The premise behind BrandKarma.com is the idea that how brands behave and treat their stakeholders is a source of intense interest to the people formerly known as consumers. People understand not only that their purchasing decisions have consequences, but also that by sharing and mobilising their opinions around brands, they can positively influence the trajectory of business.

In recognising that it’s in all of our interests to help brands be a force for good, What Matters Now? will encourage participants to be part of the dialogue, and part of the solutions.

What matters now to you? Tweet us in just 6 words.

Lowy Institute discovers cost of stopping climate change – about $10

Monday, May 31st, 2010

The Lowy Institute have just released their Annual Poll. It focuses on Australian Foreign Policy but also continues some long running questions on climate change.

According to the poll, the majority of Australians (53%) said the issue was very important to them – down from 56% last year. An encouraging 72% believed Australia should take unilateral action to combat climate change, ahead of any global agreement being reached. The respondents were then asked how much extra they would be prepared to pay on their electricity bills if it would help prevent climate change. At this point, like the crowd when a street entertainer puts down his unicycle and brings out his hat, people started drifting away.

The majority of respondents were only prepared to pay $10 or less extra per month on their electricity bill. Let’s say the average monthly residential Australian power bill is $150. That’s a 6% increase to prevent climate change.

Earlier this year the NSW Independent Pricing and Regulatory Tribunal (IPART) forecast that electricity prices in NSW will rise by 40% over the next three years. In that context the 6% doesn’t seem like much. Incidentally, that 40% is without the Trading Scheme which shall not speak its name. With the, ahem, ETS, prices are forecast to rise by 60%.

The Lowy Institute did not ask people what they considered to be the cost of doing nothing about climate change.

Edition 3: The Future

Friday, May 28th, 2010

Business21C Weekly is now available through the iTunes Podcast directory,
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I never was, am always to be,
no-one has ever, or will yet meet me,
but I am the confidence of all
who live and breathe on this spinning ball.

This week’s edition starts with a riddle, and continues with an enigma: the future. We talk with professional futurists Craig Rispin and Glenys McLaughlin about looking into the crystal ball for a living. Later in the conversation we are joined by digital artist and designer Ian Gwilt who is working on a project for the UTS campus using Augmented Reality – a future mobile technology-enabled experience.

Novelist William Gibson said: “The future is already here, it’s just unevenly distributed.” Futurists help organisations draw together the threads of today that will be woven to make the fabric of the future. They have a swag of techniques, from scenario planning to environmental scanning. These techniques help companies shape strategy by managing the risk of disruptive change.

“The primary technique of being a futurist is seeing the world with naive eyes,” says Rispin. Together we canvas the issues that are affecting companies and people as technology, globalisation and convergence accelerate.

Ian Gwilt is a digital artist and academic working on a project to create an augmented reality campus for UTS. By developing a database of what’s happening at the university, from lectures and library usage through to carbon emissions and events, and integrating it with geo-spatial technology and the capabilities of the smart phone, Ian’s project will create a multi-dimensional and rich experience of the campus.