https://padlet.com/kanikameshram/651go8z9ie4a73n7 en-us 2021-04-26 06:17:32 UTC 2022-06-06 02:01:12 UTC hello@padlet.com kanikameshram https://padlet.com/kanikameshram/651go8z9ie4a73n7/wish/2132159258 Using your Assignment One company with which stakeholders and how value is co-created to customers. 
If your company has not implemented value co-creation with any stakeholders, think about with whom and what the company can do to co-create value to customers]]> 2022-04-06 07:33:51 UTC https://padlet.com/kanikameshram/651go8z9ie4a73n7/wish/2132159258 cacao4 https://padlet.com/kanikameshram/651go8z9ie4a73n7/wish/2135843286 For Luckin Coffee, the user is their biggest stakeholder. Luckin can engage users in a contest to design coffee cups/other products, and the winning cups/products will be made and sold.]]> 2022-04-08 05:32:36 UTC https://padlet.com/kanikameshram/651go8z9ie4a73n7/wish/2135843286 https://padlet.com/kanikameshram/651go8z9ie4a73n7/wish/2135843411 Key Partners: The raw material suppliers that ensure products ingredients are exclusive to the brand and offer experiential value.
Hotels act as a third party that helps consumers try the product.
Packaging designers - minimal packaging.
Staff training offers value in terms of the in-store experience.

Recommendations:
- The crowdsourcing approach where they customize their own products to meet their needs and design the size and packaging accordingly.
- They can hold a contest for blogs related to the product function. (E.g skin types hydration etc)]]> 2022-04-08 05:32:46 UTC https://padlet.com/kanikameshram/651go8z9ie4a73n7/wish/2135843411 https://padlet.com/kanikameshram/651go8z9ie4a73n7/wish/2135843438 Universal Studios customer cannot get any value out of the theme park without attending and using the attractions.

Value is co-created through key stakeholders including:

Staff
Staff work with Universal to facilitate co-creation with customers. Here, staff enable customers to experience and use rides in a safe manner, that brings enjoyment to the customer. Staff also collect feedback and interact with patrons, allowing them to improve future experiences and offerings.

Suppliers
Suppliers work with Universal to to provide co-created value to customers. Here, suppliers and Universal work together to provide the best food, ride and experience attractions to customers. This involves both  improving current product offerings and innovating to develop new product offerings (rides and attractions). Here, a key example of this is Universal's work with toy-production companies, which create themed character toys to be sold at the end of each ride.

Partnerships
Universal works with partners (such as Warner Brothers) to include characters that will provide value to the customers co-creation. Here, an example of this is Universal's work with Warner Brothers in developing Harry Potter world, to create excellent usage and experience for patrons.

Advertising & Comms agencies
Universal works with agencies to develop deals and produce content that will engage customers. Here, Universal and the agencies often employ co-design to collect feedback or user-generated content to improve future campaigns.


]]> 2022-04-08 05:32:49 UTC https://padlet.com/kanikameshram/651go8z9ie4a73n7/wish/2135843438 https://padlet.com/kanikameshram/651go8z9ie4a73n7/wish/2135843489 ADAS system support by other company satisfied customers' needs for safety
the extended range engine that support by the supplier solves the customer's anxiety of the range


]]> 2022-04-08 05:32:52 UTC https://padlet.com/kanikameshram/651go8z9ie4a73n7/wish/2135843489 https://padlet.com/kanikameshram/651go8z9ie4a73n7/wish/2135843875 Dyson worked with ATA. ATA provides Dyson with parts of vacuum cleaner. These reliable parts ensure the quality of Dyson vacuum cleaner, help improve customers' use feeling and create value for customers.
In addition, Dyson has good after-sales service. This is inseparable from the cooperation of the company's employees.]]> 2022-04-08 05:33:16 UTC https://padlet.com/kanikameshram/651go8z9ie4a73n7/wish/2135843875 https://padlet.com/kanikameshram/651go8z9ie4a73n7/wish/2135844801 Uniqlo's stakeholders are raw material suppliuers, technological suppliers, investors, non-profit organisations and so on. For the raw material suppliers and technological suppliers, such as kihara, they help UNIQLO to improve its core products (HEATTECH series) and reflect the value proposition of company: high-qulity with low price.  Therefore, the demands of the cutomer segments can also be satisfied. Meanwhile, with the help of charitable organizations(Charity-Water), UNIQLO enhance its CSR, which can also improve the customers' social status indirectly. ]]> 2022-04-08 05:34:34 UTC https://padlet.com/kanikameshram/651go8z9ie4a73n7/wish/2135844801 https://padlet.com/kanikameshram/651go8z9ie4a73n7/wish/2135846118 Value is co created through:

Employees

With employees of The Ordinary being one of the brand's earliest adopters. They represent their company (The Ordinary) as brand ambassadors. Using social media (TikTok) some of The Ordinary's employee showcases  their favorite product within The Ordinary. Employees also engages in interactive Q&A videos where they answer some FAQs. 

DECIEM

Since The Ordinary is a part of DECIEM, they can utilize DECEIM's laboratory. This allows them access to specialized staff and advance formulas used in previous DECIEM products. 

Environment

The Ordinary and DECIEM do not perform product tests on animals and are certified with the Leaping Bunny stamp.]]> 2022-04-08 05:36:31 UTC https://padlet.com/kanikameshram/651go8z9ie4a73n7/wish/2135846118 yuewenl1 https://padlet.com/kanikameshram/651go8z9ie4a73n7/wish/2135846345 In Zara's case, the core stakeholder in customers' co-creating process is the employees. 
In a Zara store, the employees or staffs are trained to be particularly sensitive to customers needs and wants. They are trained to listen, watch and attentive towards customer insights carefully, even with any small signs. For instance, from customers inquiry of certain products in the store, employees will able to understand what type, color, design, etc. of clothing the customers want. If the store is lack of this sort of products or products with these specific characteristics, they can use that as feedback from customers in designing and providing suggestions on trends back to the professional designer team and production line. Zara also have trend analysts and customer insights experts, to further cooperate customers' ideas into newly released collections for their customers. The new products will then be quickly released in a very short period of time - less than 2 weeks in fulfilling customers wants and desire. Thus the customers are participating in the co-creation process.]]> 2022-04-08 05:36:52 UTC https://padlet.com/kanikameshram/651go8z9ie4a73n7/wish/2135846345