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Tuesday, July 19, 2011

How new is Service Dominant Logic and does it apply now?

In researching Service Dominant Logic (S-D Logic), I found the concept not all that new. I found the catalyst for this interest was the publication of an article by Stephen Vargo and Robert Lusch in a 2004 edition of Journal of Marketing entitled “Evolving to a New Dominant Logic for Marketing and later their book,The Service-Dominant Logic of Marketing.

Digging deeper, I found  that Wroe Alderson (1898–1965) the most recognized marketing theorist of the twentieth century and the “father of modern marketing” started the ball rolling when he redefined the value-in-use concept as an alternative to the dominant value exchange theory. He actually traced it back through the ideas of Aristotle, Thomas Aquinas and a variety of 17th, 18th and 19th century economists. In other words, it has been around a while.

Updating my thinking of SD-Logic marketing concept to present day, I came across this presentation by Wim Rampen, the Managing Consultant at Contact Center Intelligence and Wim can be found at: http://wimrampen.com/.

I think his “7 Jobs of Marketing” are spot on and a nice addition to the thoughts of Lean Marketing and Design Thinking. It is the involvement of the customer and being in the marketplace where your customers are using your product, fundamental Lean Thinking.. The point so often missed by most marketers today. It goes all the way back to Aristotle, the value-in-use concept. If your marketing and your relationships (sales) are being created in this arena, value is attached to them.

Tired of only 50% of your marketing working? Deliver value in the arena your customer lives in!

Related Information:
Leading the Way in Iowa Quality Training
Asking the right questions about Lean?
Service Design Thinking
Improve your Sales Cycle, Work on your Feedback Loops
The Little PDCA Sales Loop

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