You are now in a position to lecture Rosy about " customer relationship management" using theories and backin them with examples and succes stories(via secondary data) 1)why should rosy focus on retaining her customers more more than getting new ones? How can she maximise her customers through retention(custimer acquisition verse Customer retention).

Principles Of Marketing
17th Edition
ISBN:9780134492513
Author:Kotler, Philip, Armstrong, Gary (gary M.)
Publisher:Kotler, Philip, Armstrong, Gary (gary M.)
Chapter1: Marketing: Creating Customer Value And Engagement
Section: Chapter Questions
Problem 1.1DQ
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.and as rosy time passed, Rosy realized
that all her efforts to start a successful
online business went in vein and was not
enough; hence she started questioning
herself "what went wrong?"
Rosy discovered that since she is in the
service sector, she had to focus on
satisfying the customer, his/her needs
and wants, in other words, she needed to
shift her attention from solely focusing on
her services offered online to her
customers and try to create a bond with
them.
You are now in a position to lecture Rosy
about " customer relationship
II
management" using theories and backing
them with examples and succes
stories(via secondary data)
1)why should rosy focus on retaining her
customers more more than getting new
ones? How can she maximise her
customers through retention(custimer
acquisition verse customer retention).
Always use and reference secondary data
when answering your questions.
Transcribed Image Text:.and as rosy time passed, Rosy realized that all her efforts to start a successful online business went in vein and was not enough; hence she started questioning herself "what went wrong?" Rosy discovered that since she is in the service sector, she had to focus on satisfying the customer, his/her needs and wants, in other words, she needed to shift her attention from solely focusing on her services offered online to her customers and try to create a bond with them. You are now in a position to lecture Rosy about " customer relationship II management" using theories and backing them with examples and succes stories(via secondary data) 1)why should rosy focus on retaining her customers more more than getting new ones? How can she maximise her customers through retention(custimer acquisition verse customer retention). Always use and reference secondary data when answering your questions.
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