Back to the Future: Using Marketing Basics to Provide Customer Value: Proceedings of the 2017 Academy of Marketing Science (AMS) Annual Conference

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Introduction to "Back to the Future: Using Marketing Basics to Provide Customer Value"

Marketing is at the heart of every successful business strategy, yet its fundamentals often get overshadowed by the allure of the latest trends and technologies. "Back to the Future: Using Marketing Basics to Provide Customer Value," a compilation of research and insights presented at the 2017 Academy of Marketing Science (AMS) Annual Conference, revisits the time-tested principles of marketing to explore their relevance in today’s dynamic business environment. This book serves as a treasure trove of knowledge, offering valuable perspectives on how foundational marketing strategies can adapt to modern contexts to deliver exceptional customer value. Drawing on the work of scholars and practitioners from around the globe, it provides a comprehensive framework for understanding customer behavior, branding, digital transformation, and the enduring power of marketing fundamentals.

Detailed Summary

In this volume, you will find an expertly curated compilation of research and scholarly papers that highlight the interplay between traditional marketing principles and contemporary practices. The book is structured to reflect key thematic areas in marketing, such as consumer behavior, branding strategies, digital innovation, and value creation. These papers address critical questions, including how customer expectations are evolving in this age of rapid technological advancement and, importantly, how traditional marketing basics can serve as a compass amidst the chaos.

One of the core concepts explored is how the fundamentals of relationship marketing—like trust, customer satisfaction, and loyalty—still play a pivotal role in building competitive advantage. Another key element is the critical examination of digital tools and their genuine value, as opposed to the superficial appeal of technology for technology's sake. By connecting past and present marketing practices, this book establishes a rich dialogue between historical theories and their practical applications in areas like social media, e-commerce, and global marketplaces.

Key Takeaways

  • Understanding the enduring relevance of foundational marketing concepts in a rapidly evolving marketplace.
  • Insights into the importance of creating and maintaining customer value as the cornerstone of any marketing strategy.
  • How businesses can effectively bridge the gap between traditional branding techniques and emerging digital marketing tools.
  • Invaluable research on relationship marketing and its application in building long-term customer loyalty.
  • Critical evaluation of emerging technologies in marketing—understanding when and how they truly add value.

Famous Quotes from the Book

"Marketing's only constant is change, yet its roots remain firmly grounded in understanding and creating value for customers."

"The tools of marketing may evolve, but the human need for trust, connection, and satisfaction remains timeless."

"Innovation is not about chasing trends; it's about connecting your brand’s story to the values your audience holds dear."

Why This Book Matters

In a world that is increasingly driven by technology, this book serves as a thoughtful reminder of the enduring power of marketing basics. It demonstrates that while tools and tactics may evolve, the principles of value creation, customer-centricity, and relationship building remain central to any successful business strategy. By revisiting these core ideas through the lens of contemporary challenges, "Back to the Future: Using Marketing Basics to Provide Customer Value" bridges the gap between theory and practice, making it a must-read for marketing scholars, practitioners, and students alike.

This book is not only a reflection of the insights shared during the 2017 AMS Annual Conference but also a call to action for marketers to reconsider the essence of their craft. It forces readers to examine whether their strategies are actually grounded in serving the customer or merely caught up in the latest fads. By synthesizing groundbreaking research with practical applications, it equips readers with actionable knowledge that transcends industries and geographies.

More than anything, this book matters because it reminds us that marketing fundamentals are not relics of the past. Instead, they provide a beacon of clarity in an otherwise complex and ever-changing marketplace.

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