Choose Your Customer: How to Compete Against the Digital Giants and Thrive

by Jonathan Byrnes, John Wass

Overview

Two top specialists in profitable growth and innovative customer-supplier relationships show companies of all sizes how to compete with the tech giants―by choosing the right customer and providing peerless value to them for long-term success.

Every year, managers at companies large and small are finding it harder to compete with the likes of Google and Amazon, who are muscling into their businesses, stealing their customers, and cornering every conceivable market and service. There is, however, a way for companies to survive―and win―in this era of digital behemoths. Choose Your Customer is a powerful, customer-targeted guide that can help managers level the playing field against their biggest competitors.

Written by Jonathan Byrnes, the legendary MIT-based expert on profits, pricing, and strategy, and John Wass, a key member of the team that made Staples a major national brand, Choose Your Customer shows you how to:

• Identify the customers who are the most profitable―and focus on them
• Provide services and experiences that can’t be replicated by the tech giants, no matter how much data they have or how much automation they use
• Support your chosen customers’ diverse and rapidly evolving needs to accelerate profitability and growth
• Focus on your real profit core and build dominance in your specific target market

These customer-focused strategies will enable you to build a uniquely targeted business that the digital giants just can’t match. From unbeatable customer service to superior pricing and product selection, Choose Your Customer provides detailed and actionable advice on how to compete successfully with the aggressive giants, grow your customer base, and increase your profits for lasting success.

Product Details

ISBN-13:	9781264257096
Publisher:	McGraw Hill LLC
Publication date:	05/05/2021
Pages:	288
Sales rank:	669,929
Product dimensions:	6.10(w) x 9.10(h) x 1.30(d)

About the Author

Jonathan Byrnes is founding partner and chairman of Profit Isle, a highly successful MIT spin-off SaaS software company that helps organizations increase profits by 10–30 percent using its profitability analytics and management process. A widely followed thought leader on profitable growth and innovative customer-supplier relationships, Byrnes is a frequent speaker and writer who has advised over 100 companies and institutions. He earned a doctorate from Harvard, and has been a Senior Lecturer at MIT for 30 years. In addition to his popular HBS column, “The Bottom Line,” he is the author of Islands of Profit in a Sea of Red Ink, an Inc. Best Book for Business Owners.

John Wass is the CEO of Profit Isle. Under his leadership, the company has managed the profit acceleration of over $100 billion in client revenues across multiple industries and has become the preeminent SaaS software company specializing in managing profitable growth. Previously, he was a key member of the management team that grew Staples from three stores to over 1,000 nationwide, serving as Senior Vice President. Wass also served as CEO of WaveMark, an innovative multimillion-dollar company that pioneered RFID tracking for medical devices. He has lectured at MIT for over a decade.

Table of Contents

Acknowledgments ix

Introduction xi

Part I The End of an Era

1 Today's Flood of Change 3

Part II Choose Your Customer

2 Navigate the Currents of Change 35

3 Build Your Strategic High Ground 59

4 Manage to Thrive in a Period of Crisis 87

Part III Align Your Company

5 Create a Winning Customer Value Footprint 113

6 Own Your Customer High Ground 141

7 Develop the Right Customer Relationships 171

Part IV Manage to Win

8 Manage at the Right Level 207

9 Become a Value Entrepreneur 227

Index 253