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At a time when the wellness industry was experiencing a dynamic renaissance, Weight Watchers International Inc. was stuck with an aging demographic. In 2018, in an effort to stay relevant, the company rebranded itself as WW International Inc. (WW). The goal was to make wellness accessible to all, and to transform from a diet brand to a global wellness juggernaut. However, despite the rebrand and support from celebrity spokesperson Oprah Winfrey, WW’s stock price declined sharply. The results led to a number of questions about the soundness of WW’s marketing strategy. What should WW do to prevent a meltdown in brand equity, retain its loyal customers, and realize its ambitious goals in the wellness space?

At a time when the wellness industry was experiencing a dynamic renaissance, Weight Watchers International Inc. was stuck with an aging demographic. In 2018, in an effort to stay relevant, the company rebranded itself as WW International Inc. (WW). The goal was to make wellness accessible to all, and to transform from a diet brand to a global wellness juggernaut. However, despite the rebrand and support from celebrity spokesperson Oprah Winfrey, WW's stock price declined sharply. The results led to a number of questions about the soundness of WW's marketing strategy. What should WW do to prevent a meltdown in brand equity, retain its loyal customers, and realize its ambitious goals in the wellness space?

Relationship Marketing Re-Imagined: Marketing's Inevitable Shift from Exchanges to Value Cocreating Relationships is an eight-chapter book published by Business Expert Press in 2016 and written by Naresh K. Malhotra, senior fellow, CIBER and Regents' Professor Emeritus at the Scheller College of Business at Georgia Institute of Technology, Can Uslay, associate professor of marketing at Rutgers Business School, and Ahmet Bayraktar, assistant professor of marketing at Bozok University. The book argues why organizations should focus on creating customer relationships. They consider business-to-business, business-to-consumer, and internal relationships and provide a framework for understanding how to market for each. They also explain how using a Customer Lifetime Value model effectively measures marketing success. Within each chapter, the authors include questions, an analysis of a real-world example, and a review of concepts. In Chapter 1, Introduction (9 pages), the authors state their belief that the focus of competitive marketing is shifting from short-term transactions to long-term value. They explain that customer retention is vital to an organization. Thus, managing relationships with current customers should be a priority. They present a brief analysis of Ritz Carlton as an example of a business that builds strong relationships.

Relationship Marketing Re-Imagined: Marketing's Inevitable Shift from Exchanges to Value Cocreating Relationships is an eight-chapter book published by Business Expert Press in 2016 and written by Naresh K. Malhotra, senior fellow, CIBER and Regents' Professor Emeritus at the Scheller College of Business at Georgia Institute of Technology, Can Uslay, associate professor of marketing at Rutgers Business School, and Ahmet Bayraktar, assistant professor of marketing at Bozok University. The book argues why organizations should focus on creating customer relationships. They consider business-to-business, business-to-consumer, and internal relationships and provide a framework for understanding how to market for each. They also explain how using a Customer Lifetime Value model effectively measures marketing success. Within each chapter, the authors include questions, an analysis of a real-world example, and a review of concepts. In Chapter 2, What Is Relationship Marketing? (13 pages), the authors consider how marketing has shifted focus from individual transactions to customer relationships. They outline a taxonomy of markets: supplier, channel intermediaries, end users, competitive influences, and external and internal influences. They outline three levels of relationship marketing: financial, social, and strategic, and outline characteristics of each level along with examples. They analyze how IKEA conducts successful relationship marketing.

Relationship Marketing Re-Imagined: Marketing's Inevitable Shift from Exchanges to Value Cocreating Relationships is an eight-chapter book published by Business Expert Press in 2016 and written by Naresh K. Malhotra, senior fellow, CIBER and Regents' Professor Emeritus at the Scheller College of Business at Georgia Institute of Technology, Can Uslay, associate professor of marketing at Rutgers Business School, and Ahmet Bayraktar, assistant professor of marketing at Bozok University. The book argues why organizations should focus on creating customer relationships. They consider business-to-business, business-to-consumer, and internal relationships and provide a framework for understanding how to market for each. They also explain how using a Customer Lifetime Value model effectively measures marketing success. Within each chapter, the authors include questions, an analysis of a real-world example, and a review of concepts. In Chapter 3, B2B Relationship Marketing (38 pages), the authors explore partnerships between businesses. They outline three criteria for effective relationships: dependence, commitment, and trust. They describe requirements for building these, and highlight how opportunistic behavior affects relationships. They also outline what factors improve a firm's relationship management capability. They categorize four types of B2B relationships and review different types of strategic alliances. The chapter ends with two real-world examples: Eatiply (cause marketing) and Apple and Clearwell (alliance).

Relationship Marketing Re-Imagined: Marketing's Inevitable Shift from Exchanges to Value Cocreating Relationships is an eight-chapter book published by Business Expert Press in 2016 and written by Naresh K. Malhotra, senior fellow, CIBER and Regents' Professor Emeritus at the Scheller College of Business at Georgia Institute of Technology, Can Uslay, associate professor of marketing at Rutgers Business School, and Ahmet Bayraktar, assistant professor of marketing at Bozok University. The book argues why organizations should focus on creating customer relationships. They consider business-to-business, business-to-consumer, and internal relationships and provide a framework for understanding how to market for each. They also explain how using a Customer Lifetime Value model effectively measures marketing success. Within each chapter, the authors include questions, an analysis of a real-world example, and a review of concepts. In Chapter 4, B2C Relationship Marketing (17 pages), the authors review how relationship management works between businesses and consumers. They outline the major differences between B2B and B2C relationships. They describe customer-based and organization-based relationship marketing. They also consider personalization strategy in building relationships and how an organization can implement an effective personalization program. They demonstrate how Gaylord Opryland used a customer request as an opportunity to create a strong relationship.

Relationship Marketing Re-Imagined: Marketing's Inevitable Shift from Exchanges to Value Cocreating Relationships is an eight-chapter book published by Business Expert Press in 2016 and written by Naresh K. Malhotra, senior fellow, CIBER and Regents' Professor Emeritus at the Scheller College of Business at Georgia Institute of Technology, Can Uslay, associate professor of marketing at Rutgers Business School, and Ahmet Bayraktar, assistant professor of marketing at Bozok University. The book argues why organizations should focus on creating customer relationships. They consider business-to-business, business-to-consumer, and internal relationships and provide a framework for understanding how to market for each. They also explain how using a Customer Lifetime Value model effectively measures marketing success. Within each chapter, the authors include questions, an analysis of a real-world example, and a review of concepts. In Chapter 5, Internal Relationship Marketing (9 pages), the authors review how the idea of marketing within an organization began and evolved. They categorize internal marketing as either treating employees as customers or treating individual business units as customers and summarize each approach. They provide two real-world examples: the "quit now" incentive at Zappos and tuition reimbursement at Starbucks.

Relationship Marketing Re-Imagined: Marketing's Inevitable Shift from Exchanges to Value Cocreating Relationships is an eight-chapter book published by Business Expert Press in 2016 and written by Naresh K. Malhotra, senior fellow, CIBER and Regents' Professor Emeritus at the Scheller College of Business at Georgia Institute of Technology, Can Uslay, associate professor of marketing at Rutgers Business School, and Ahmet Bayraktar, assistant professor of marketing at Bozok University. The book argues why organizations should focus on creating customer relationships. They consider business-to-business, business-to-consumer, and internal relationships and provide a framework for understanding how to market for each. They also explain how using a Customer Lifetime Value model effectively measures marketing success. Within each chapter, the authors include questions, an analysis of a real-world example, and a review of concepts. Chapter 6, Building Brand Equity Through Relationship Marketing (12 Pages), first discusses loyalty programs. The authors suggest business partners will form collaborative loyalty programs to maximize profitability. They also explore how social media and the Internet have expanded the possibilities for customer relationships by creating two-way relationships between customers and products that present both new channels and challenges. They use the example of American Airlines to suggest that frequent flier programs are no longer effective and explore Kickstarter as an innovative way to create relationships.

Relationship Marketing Re-Imagined: Marketing's Inevitable Shift from Exchanges to Value Cocreating Relationships is an eight-chapter book published by Business Expert Press in 2016 and written by Naresh K. Malhotra, senior fellow, CIBER and Regents' Professor Emeritus at the Scheller College of Business at Georgia Institute of Technology, Can Uslay, associate professor of marketing at Rutgers Business School, and Ahmet Bayraktar, assistant professor of marketing at Bozok University. The book argues why organizations should focus on creating customer relationships. They consider business-to-business, business-to-consumer, and internal relationships and provide a framework for understanding how to market for each. They also explain how using a Customer Lifetime Value model effectively measures marketing success. Within each chapter, the authors include questions, an analysis of a real-world example, and a review of concepts. In Chapter 7, Customer Relationship Management Analytics (28 pages), the authors define and examine Customer Relationship Management (CRM). They argue that loyal customers are not always profitable, and suggest segmenting customers by profit potential. They explain why Customer Lifetime Value (CLV) maximizes profitability better than traditional methods do. They explain the basic CLV model and variations of it, and suggest two approaches to CLV: across-customer, for customer-oriented activities, and within-customer, for increasing revenue or reducing cost. Two examples illustrate these concepts: Trusted Media Brands' use of direct marketing and the Orlando Magic's use of statistical analysis.

Relationship Marketing Re-Imagined: Marketing's Inevitable Shift from Exchanges to Value Cocreating Relationships is an eight-chapter book published by Business Expert Press in 2016 and written by Naresh K. Malhotra, senior fellow, CIBER and Regents' Professor Emeritus at the Scheller College of Business at Georgia Institute of Technology, Can Uslay, associate professor of marketing at Rutgers Business School, and Ahmet Bayraktar, assistant professor of marketing at Bozok University. The book argues why organizations should focus on creating customer relationships. They consider business-to-business, business-to-consumer, and internal relationships and provide a framework for understanding how to market for each. They also explain how using a Customer Lifetime Value model effectively measures marketing success. Within each chapter, the authors include questions, an analysis of a real-world example, and a review of concepts. In Chapter 8, Future of Relationship Marketing (4 pages), the authors argue that CRM is increasingly important. They posit that using metrics to demonstrate the profitability of CRM will increase the use of CRM and CLV models. They suggest that small organizations have more ability to develop personal customer relationships than larger organizations do. They also explore emerging markets as a frontier for relationship marketing. They suggest mindfulness in relationship marketing can reduce poverty and excess consumption, and increase sustainability.