Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

ou may wonder why so much emphasis is placed on maintaining/sustaining customer relationships? The rationale is the very existence of business. It costs 10 times

ou may wonder why so much emphasis is placed on maintaining/sustaining customer relationships? The rationale is the very existence of business. It costs 10 times as much to replace an existing client versus retaining them. People buy from people they like and trust. Trust is something that needs to be proven over time. In our free course textbook, 'Selling By Objectives: The Handbook for More Profitability in the 21st Century', Dr. David Hinkes has shown that you may optimize relationships in building your personal brand by practicing these eight exclusive objectives: quality, reliability/responsiveness, simplicity, flexibility/convenience/accessibility, creativity/innovation, versatility, efficiency, and value. How will you maintain relationships with your customers

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Small Business Management Entrepreneurship And Beyond

Authors: Timothy S. Hatten

6th Edition

128586638X, 978-1285866383

More Books

Students also viewed these General Management questions

Question

Find Vs in the network shown 2 A 4 .A 8 V+ 2 1 Yo A

Answered: 1 week ago

Question

I didnt know who to talk to.

Answered: 1 week ago

Question

Th e complaint department was closed over the lunch hour.

Answered: 1 week ago

Question

Th ey probably would have treated me like a criminal.

Answered: 1 week ago