2 Ways Service Providers And Consumers Co-Create Value

service providers

Introduction

 

It is no longer news that Service Providers and consumers need to work together to co-create values. That means before products and services can be acceptable to end users, it must have input from consumers that they are willing to serve.

 

 

2 Ways Service Providers And Consumers Co-Create Value

#1 Carry stakeholders along

In co-creating values, service providers need to carry along all stakeholders in the value change. There must be active collaboration between the stakeholders in order to ensure that customers are satisfied.  The organisation has to let their partners know where they stand as far as customer satisfaction is concerned. Although it is difficult for some organisations to reach customers directly with good policies and guidelines to those in the value chain, they will be able to serve customers better.

 

Also, you need to know that organisations that deliver value to customers are referred to as Service Providers while those that enjoy such service are referred to as Service consumers.

 

#2 Involve the regulators

If an organisation desires to create value to consumers, the regulators in that particular also need to be fully involved. The regulators will help the organisation to create standardized products that will not harm customers. Take, for example, the National Agency for Food and Drug Administration and Control in Nigeria have set up procedures to be followed when companies want to register their products. With these procedures, individuals and corporate bodies that want to produce substandard products are discouraged. This ultimately allows consumers to get value for what they are paying for.

 

YOU CAN ALSO READ  5 Marketing Mindsets Of An IT Project Manager

 

Now your take on this argument.

We would also like to hear what you feel about the topic we discussed today. Your feedback is very important to us. Feel free to drop your comments and recommendations. If you have a contrary opinion, you can drop that too.

You can also join our Facebook Page CRMNigeria for more updates. You can do that by clicking on the link or searching for our page on Facebook.

Click here to Download 5 E-Books that I have taken time to prepare for you.

These E-Books contains formulas that have helped many of my students to nail the PMP Exam. You can also make use of this E-Books. While you are using it if you have questions to ask me concerning the Formulas, feel free to shoot me a mail. I am committed to assisting you to nail your PMP exam. It’s a pledge. You can always count on me as a friend. 

PS: For like seven years since I started blogging I have tried many platforms and tools. Some worked and some of them performed below expectation. Here are some of the tools that I will gladly recommend for you any day, any time.

 

 

BEST AUTO SEO FOR JUST $1

BEST HOSTING AND DOMAIN SERVICE

BEST HOSTING IN NIGERIA (AFFORDABLE)

You can also download our Mobile App here.

Click here to Like our Page on Facebook

Follow us on Twitter

Domain names for just 88 cents!3 Major Roles of PMO in Projects 1
Action Point.
You need to confirm your subscription by clicking on the link sent to you. You can check the spam folder for it. Add us to your mailing list to receive directly from us.

PS: Click on the link below to sign up for my Online E-Course CRM Training. Make sure you confirm your subscription by clicking on the link sent to you. Thanks.

Adeniyi Salau (CCNA,CDMP, CEP, MOS, MCP, CSCU (Project 2016), Microsoft Certified Security and Networking Associate is a Google and Beingcert Certified Digital Marketer, Project Manager and SEO Expert of repute with about a decade of Blogging and online marketing experience. He is always ready to share his experience with others.

Leave a Reply

Your email address will not be published. Required fields are marked *

*

CommentLuv badge