Customer Response and Consumer Behavior
For my final blog post, I wanted to talk about customer responsiveness and how a company can ensure that their customer response index is high. A “higher customer response index would have a significant impact on sales, the net marketing contribution, and the ad program’s marketing ROI” (Best, pg 355). The higher this index, the more customers will actually buy the product or service. This is an area I am particularly familiar with due to being a marketing communications and advertising major in my undergrad studies. An advertisement has to be executed with the target market in mind ALWAYS. You can have the best ad ever, but if your target customers don't see it (exposure), then you will be wasting your marketing dollars. Alternatively, you may get your entire target audience to view your ad, but if you are pushing the wrong message (comprehension), then your not going to make any sales. In order to get the highest customer response index, the company should consider each sect