Diese Präsentation wurde erfolgreich gemeldet.
Die SlideShare-Präsentation wird heruntergeladen. ×

Transactional marketing VS Relationship Marketing

Anzeige
Anzeige
Anzeige
Anzeige
Anzeige
Anzeige
Anzeige
Anzeige
Anzeige
Anzeige
Anzeige
Anzeige
Wird geladen in …3
×

Hier ansehen

1 von 8 Anzeige

Weitere Verwandte Inhalte

Ähnlich wie Transactional marketing VS Relationship Marketing (20)

Anzeige

Aktuellste (20)

Transactional marketing VS Relationship Marketing

  1. 1. TRANSACTIONAL MARKETING VS RELATIONSHIP MARKETING Submitted by Joydeep Singh 191103
  2. 2. TRANSACTIONAL MARKETING Business strategy that focuses on single, "point of sale" transactions. The emphasis is on maximizing the efficiency and volume of individual sales rather than developing a relationship with the buyer. Product -- Creating a product that meets consumer needs. Pricing -- Establishing a product price that will be profitable while still attractive to consumers. Placement -- Establishing an efficient distribution chain for the product. Promotion -- Creating a visible profile for the product that makes it appealing to customers.
  3. 3. RELATIONSHIP MARKETING Process of continued interactions with the customer through multiple touch points and channels, so as to build a bond between customers and the organization. The emphasis is not on acquiring new customers but on keeping existing customers happy and satisfied and resulting in an expanded customer base.
  4. 4. LAYS– RELATIONSHIP MARKETING Lay’s runs an annual contest called “Do Us A Flavor,” where they invite customers to submit ideas for new flavors of their chips. Customers can then vote on flavors that make the shortlist, via social media. The winning flavor gets added to the Lay’s flavor lineup, and the customer who suggested it receives a substantial cash prize.
  5. 5. COMPARISON BASIS TRANSACTIONAL MARKETING RELATIONSHIP MARKETING Time Orientation Short Term Long Term Customer Contact Low Frequent Stresses on Gaining new customers Customer Retention Objective To make the sale or get the order To be the sole or preferred supplier Centers on Undertaking transaction Building Trust Nature of Relationship Short and Intermittent Long and Strong Organizational goal Make sale Retain Customer Quality source Production Company wide Seller-Customer Interaction Conflict Manipulation Cooperation and Trust Service priority Low High
  6. 6. COMBINING THE TWO APPROACHES The first point of commonality is the customer. The customers that are pulled in through transactional marketing can be nurtured through relationship marketing. Customers who are nurtured through relationship marketing can be convinced to make another purchase in a transactional way.
  7. 7. THANK YOU

×