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How can companies attract and retain the right customers and cultivate strong customers relationships?
1.
Creating Customer Value and Customer Relationships
2.
3.
What is Customer
Relationship Management? CRM is the process of carefully managing detailed information about individual customers and all customer touch points to maximize customer loyalty
4.
Concepts for Personalization One-to-one
marketing Permission Marketing
5.
Permission Marketing….. The practice
of marketing to consumers only after their expressed permission
6.
Identify prospects and customers Differentiate customers
by needs and value to company Interact to improve knowledge Customize for each customer One-to-One Marketing
7.
Attracting and Retaining Customers Reduce the rate of defection Enhance share
of wallet Terminate low-profit customers Focus more effort on high-profit customers Reduce the rate of defection
8.
Marketing Funnel
9.
What is Loyalty? Creating
a strong tight connection to a customer for long-term marketing success
10.
Interacting with Customers Developing Loyalty Program Creating Institutional
Ties Win Backs Building Loyalty
11.
-Kanishk Chaturvedi
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