Relationship Marketing Flashcards

1
Q

Brand touchpoints

A

Pre purchase
Purchase
Post purchase

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2
Q

Transactional marketing

A

Single sale
Product feature focus
Little customer service focus
Limited customer commitment

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3
Q

Relationship marketing

A

Customer retention
Product benefits
High customer service
High customer commitment

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4
Q

How to do crm

A

Personality marketing

Continuous contact

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5
Q

Basis of CRM

A
Build and maintain LTR 
Based on trust and commitment
Emphasis on retaining customers
Encourages frequent customer contact
Forster customer commitment
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6
Q

Leaky bucket

A

Chase new customers, ignore old customers

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7
Q

Customer pyramid

A

Platinum gold iron lead

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8
Q

Different levels of CRM

A

Basic
Reactive
Accountable
Proactive/partnership

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9
Q

Framework for crm

A
Database
Analysis
Customer selection
Customer targeting
Relations marketing
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10
Q

Core service

A

Ideal
Attract new customers meeting needs
Keep old customers with quality
Sell additional products

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11
Q

Customer relationship

A

Identify customer traits

Tailor services

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12
Q

Augmentation

A

Genuine extras

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13
Q

Relationship pricing

A

Better customer is better price

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14
Q

Internal marketing

A

Staff are internal customers

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