Topic 7: Expanding Customer Relationships Flashcards

1
Q

building goodwill

A

the process of converting new customers into lifetime customers by continually adding value to the product

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2
Q

adding value

A
  • the process of improving a product or service for the customer
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3
Q

assess customer satisfaction

A
  • simply ask the customer for satisfaction feedback

- develop a plan for seeking customer satisfaction feedback

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4
Q

key drivers of customer satisfaction

A

sales persons reliability and responsiveness

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5
Q

four sequential components of effective follow up

A
  1. interact
  2. connect
  3. know
  4. relate
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6
Q

relationship enhancement activities

A
  • provide useful information
  • expedite orders/monitor installation
  • train customer personnel
  • correct billing errors
  • remember the customer after the sale
  • resolve complaints
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7
Q

other ways to add value

A
  • maintain open, two-way communication
  • expand collaborative involvement
  • work to add value and enhance mutual opportunities
  • provide quality customer service
  • look for ways to exceed expectations
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8
Q

service strategy

A

a plan in which a salesperson identifies his or her business and customers, what the customers want, and what is important to them

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