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Craig Terrill - Market Leadership Strategies for Service Companies

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Market Leadership Strategies for Service Companies reveals the key strategies for creating and sustaining a market leadership position for any service business. Service industry experts Craig A. Terrill and Arthur G. Middlebrooks affirm that in order to become a dominant market leader, a service company must find ways to: Define their service business and the benefits customers receive Reveal the intangible aspects of the service experience Move in a different direction from competitors by addressing new, intense, and unmet customer needs Put people back into the equation, not just automate and reengineer to increase operational efficiency Find ways to move away from the parity battles (i.e., fights over the perceived equality of the same type of service from different companies) in their particular industry Offering a detailed, comprehensive plan, the authors employ examples drawn from a wide selection of recognizable service companies, such as Southwest Airlines, Dominos Pizza, Pizza Hut, Taco Bell, Fed Ex, Home Depot, IBM, Marriott Hotels, MiniMaids, and more. The result is a highly effective practitioners guide that includes best practices and case studies. Praise for Market Leadership Strategies for Service Companies The number one problem for every service firm today is differentiation. Craig Terrill and Art Middlebrooks challenge us to become market leaders by doing things differently in employee engagement and service innovation. This book is the bible for service industry executives who want to be change agents in their business and who seek practical solutions to achieving growth. -- J. Terrence Franke, principal, sales and marketing Hewitt Associates

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title Market Leadership Strategies for Service Companies Creating - photo 1

title:Market Leadership Strategies for Service Companies : Creating Growth, Profits, and Customer Loyalty
author:Terrill, Craig.; Middlebrooks, Arthur.
publisher:NTC Contemporary
isbn10 | asin:
print isbn13:9780844224411
ebook isbn13:9780071401241
language:English
subjectService industries--Marketing--Management, Services (Industrie)--Marketing--Gestion.
publication date:2000
lcc:HD9980.5.T457 2000eb
ddc:658.8
subject:Service industries--Marketing--Management, Services (Industrie)--Marketing--Gestion.
Page iii
Market Leadership Strategies for Service Companies
Creating Growth, Profits, and Customer Loyalty
Craig Territt and Arthur Middlebrooks
Picture 2
NTC Business Books
NTC/Contemporary Publishing Group
Page iv
Library of Congress Cataloging-in-Publication Data
Middlebrooks, Arthur.
Market leadership strategies for service companies: creating
growth, profits, and customer loyalty / Arthur Middlebrooks and
Craig Terrill.
p. cm.
Includes index.
ISBN 0-8442-2441-3
1. Service industriesMarketingManagement. I. Terrill, Craig.
II. Title.
HD9980.5.M53 1999
658.8dc21 99-10338
CIP
Interior design by Precision Graphics
Published by NTC Business Books in conjunction with the American Marketing Association
A division of NTC/Contemporary Publishing Group, Inc.
4255 West Touhy Avenue, Lincolnwood (Chicago), Illinois 60712-1975 U.S.A.
Copyright 2000 by NTC/Contemporary Publishing Group, Inc.
All rights reserved. No part of this book may be reproduced, stored in a retrieval system, or transmitted in any form or by any means, electronic, mechanical, photocopying, recording, or otherwise, without the prior written permission of NTC/Contemporary Publishing Group, Inc.
Printed in the United States of America
International Standard Book Number: 0-8442-2441-3
00 01 02 03 04 05 LB 19 18 17 16 15 14 13 12 11 10 9 8 7 6 5 4 3 2 1
Page v
TO THE GREATEST MEASURE OF SUCCESSTHE
unconditional love shared with my wife, Joanne, my kids, Elyse,
Grant, and Jessica, my parents, Alan and Barbara, and my lord, Jesus
Christ.
Craig
THIS BOOK IS DEDICATED WITH LOVE TO MY
wife, Patty, to my son, Carter, and to my parents, Jeaanette and Burton.
Art
Page vii
CONTENTS
Acknowledgments
ix
Preface
xiii
Part I: Adopting a "Be Different" Attitude
1. If You Are a Service Company... Then Be a Service Company
3
2. Avoid the "Be Better" Trap
19
3. Dare to Be Different from Competitors
31
Part II: Dominating Markets
4. Learn to Say "No"
47
5. Be Number One with the Right Customers
69
6. Treat Your Brand Like an Asset
87
Part III: Creating Unique, Valued Services
7. Innovate Continuously
105
8. Revitalize Current Services
121
9. Invent New Services
141
10. Innovate the Service Process
161
11. Engage Your People
177
Part IV: Keeping Ahead of the Market
12. Sustain Service Market Leadership
193
13. Elevate the Role of Marketing
209
14. Redefine the Franchise
221
15. Market Leadership Strategies at Work
243
Bibliography
253
Index
255

Page ix
ACKNOWLEDGMENTS
This book is the result of many insights shared by services marketing practitioners, many collaborative hours with colleagues, countless doses of caffeine, and endless amounts of tough encouragement from those closest to the project to "keep going." Many thoughtful people have helped us through the process of writing this book with tremendous expertise on the topic. Without them, this book would still be an eclectic set of notes and white papers scattered across several hard drives. To these people, we owe more than can be captured in a few words. Simply stated, thank you!
During the past decade, we have had the privilege of working with over 100 service organizations on issues of growth, innovation, and market leadership. Those that were or became dominant service market leaders typically did so because of key individuals who were market-driven in their thoughts and deeds. We extracted and imbedded in this book tremendous expertise and knowledge from the following people and would like to acknowledge their contributions:
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