[Solved]- Expanding a Business Into Services Essay
Expanding a Business into Service
Consumer Service
Incorporating the consumer service aspect in its portfolio
will ensure that the company achieves direct interaction with its customers,
thus enhancing customer satisfaction. Ideally, according to Kaňovská (2010),
incorporating consumer services into an organization’s business strategies
helps gain higher profits from the products sold while also facilitating
increased consumer satisfaction. Based on the analysis by Bovée & Thill
(1992), consumer services are considerably significant in ensuring customer
loyalty, competitive advantage, product differentiation, increased profits, and
reduced marketing costs. Environmentalgear aims to add an at-home service
involving a home ambiance consultant visiting the consumers to help them adjust
their home goods. The ambiance consultants will also make recommendations that
will help improve the home environment. By incorporating this consumer service,
the company will potentially improve its customer loyalty, profits, competitive
advantage, product differentiation, and reduced marketing costs.
Synopsis of the Competition
Several at-home
consultancy service companies across the country will present strong
competition to Environmentalgear. For instance, Ambience Home Comforts, based
in California, provides at-home consultancy services for its products,
including indoor furnishing, outdoor furnishing, and décor accessories (Ambience
Home Comforts, 2011). Consequently, Ambience Home, a family-run company in
California, offers clients consultancy services for its products, including
interior, outdoor, and office décor (Ambience Home, 2022).
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