All Exams Test series for 1 year @ ₹349 only
Question

Which of the following is a customer’s expectation with the retailer?

The correct answer is

Personalisation of goods or services

Customer Expectations in Retail

Customers today have evolving and increasing expectations from retailers. These expectations go beyond just getting a product; they encompass the entire shopping experience, from discovery to post-purchase support. Understanding these customer expectations is crucial for any retailer aiming to succeed and build strong customer loyalty.

Personalisation of Goods or Services

One of the most significant and growing customer expectations from a retailer is the personalisation of goods or services. This means that customers expect products, services, and even the overall shopping experience to be tailored to their individual preferences, needs, and past behaviors. Here's why this is a key expectation:

  • Relevance: Customers are bombarded with choices. Personalisation helps filter out irrelevant options and presents them with what they are most likely to need or want, saving them time and effort.
  • Value: When a product or service is personalised, customers often perceive it as having higher value because it directly addresses their specific situation.
  • Enhanced Experience: A personalised experience makes customers feel understood, valued, and unique. This leads to a more enjoyable and satisfying shopping journey, whether online or in-store.
  • Building Loyalty: Retailers who successfully personalise their offerings can build stronger relationships with their customers, fostering repeat business and loyalty.

Examples of personalisation include:

  • Recommending products based on previous purchases or browsing history.
  • Offering customized product configurations or bundles.
  • Sending targeted promotions or discounts.
  • Providing tailored content or communication.

Analysis of Other Options

Let's examine why the other options are not typically considered primary customer expectations in the same way as personalisation:

  • Limited edition of products: While limited edition products can create excitement and exclusivity, they are a marketing strategy used by retailers to drive demand, not a universal expectation from customers for all goods or services. Customers expect quality and availability, not necessarily scarcity.
  • Give back of the line more control: This phrase is somewhat ambiguous. If it refers to customers having more control over the internal supply chain or operational processes ("the back of the line"), this is generally not a direct customer expectation. Customers primarily expect efficient service and quality products, not involvement in a retailer's internal logistics. Their expectation for control usually relates to their own purchasing journey (e.g., self-checkout, delivery options), not the retailer's operational backend.
  • Listen carefully and respond with lot of thinking: This describes good customer service behavior. While customers certainly expect retailers to listen and respond thoughtfully, this is a fundamental aspect of service quality rather than a specific product/service-related expectation like personalisation. Personalisation is an outcome that often *results* from listening and understanding customer needs, but "listening and thinking" is the process, not the direct expectation for the offering itself.

In conclusion, while good service and product availability are foundational, the ability of a retailer to offer personalisation of goods or services stands out as a key and evolving customer expectation in the modern retail landscape.

Was this answer helpful?

Important Questions from Marketing: Concept and approaches

  1. Arrange the following stages in the marketing process of an enterprise:

    A. Marketing Mix

    B. Marketing program implementation

    C. Marketing planning

    D. Market research

    E. Control and evaluation of marketing programs

    Choose thecorrectanswer from the options given below:

  2. Statement (I): The mindset which is commonly associated with a long-ago era when the demand for goods generally exceeded the supply, and the primary focus in business was to effectively produce medium quantities of products; finding the customers was viewed as a relatively major function.
    Statement (II) : The firms with product orientation typically focus on the quality and quantity of offerings while assuming that customers will seek out and buy reasonably priced well-made products.

    From the above statements indicate the correct code of being statements correct or incorrect The statements relate to concepts of marketing.

  3. After concept testing, a firm would engage in which of the following stage in developing and marketing a new product?

  4. The ability to change human needs into wants is called

  5. _______ believes that the consumers will favour those products that offer the best quality, performance and features and therefore the organisation should devote its energy to making continuous product improvements.

Need Expert Advice?

Start Your Preparation with Prepp Mobile App

Download the app from Google Play & App Store
Download the app from Google Play & App Store
Prepp Mobile App