Discuss the elements needed to implement successful relationship marketing strategies

What will be an ideal response?

ANSWER: Most successful relationship marketing strategies depend on:Customer-oriented personnel: An employee maybe the only contact a customer has with the firm; in that customer's eyes, the employee is the firm. Any person, department, or division that is not customer oriented weakens the positive image of the entire organization.Training: Training is important to quality customer service and relationship building.Empowerment: In empowerment, delegation of authority is used to solve customer problems quickly, usually by the first person the customer notifies regarding a problem.Teamwork: Teamwork is the collaborative efforts of people to accomplish a common objective. Job performance, company performance, product value, and customer satisfaction all improve when people in the same department or workgroup begin supporting and assisting each other and emphasize cooperation instead of competition.

Business

You might also like to view...

Master Card and other credit card issuers must by law print the Annual Percentage Rate (APR) on their monthly statements. If the APR is stated to be 18.00%, with interest paid monthly, what is the card's Effective Annual Rate%?

A) 18.58% B) 19.56% C) 20.54% D) 21.57%

Business

Which of the following is true about indirect losses?

A) Includes smoke damage to a building B) Is unrelated to business interruption C) Often results as a consequence of a direct loss D) Is a non-financial loss

Business