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For Vendor Strategy Professionals

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February 5, 2010

Leveraging Customer Satisfaction, Loyalty, And Perception To Drive B2B Tech Success

Vendors Must Enhance Customers' Total Vendor Experience (TVE) In A Rapidly Changing Tech Industry

by Daniel Krauss

with Brad Bortner, Thomas Mendel, Ph.D., Bradford J. Holmes, Charles Green

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This is an excerpt

Executive Summary

In the tech sector, 2009 was challenging. A down economy paired with high uncertainty in purchasing decisions made it particularly hard for strategists to defend their competitive position. Vendors focused on retaining and acquiring clients that in 2009 were becoming increasingly sophisticated and less loyal in their buying decisions. Forrester's total vendor experience (TVE) research focuses on the macro drivers of enterprise clients' experience to help vendors better understand how loyalty, satisfaction, and perception (in terms of brand and market positioning) interact. Overall, we found that vendors must put more emphasis on the soft factors in a client relationship and invest more in their brand to drive stronger differentiation and loyalty in the market.

TABLE OF CONTENTS

  • The Great Recession Put Tech Client Loyalty Under Pressure
  • Understanding The Key Drivers Of The TVE

RECOMMENDATIONS

  • Brief Guidelines For Advancing Your TVE
  • Supplemental Material
  • Related Research Documents

This is an excerpt

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