How can companies attract and retain the right customer and cultivate strong relationships

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How can companies attract customers and cultivate strong relationships?

Build long-term relationships

Customer Relationship Management

Carefully manage the customer touch points

Use Social Media

Permission Marketing

Customer Empowerment

Customer Reviews andRecommendations

Imp decision factor is recommendations from consumers

How to attract and retain customers?

Reduce customer Defection

Keep the customer churn low

Understanding the Retention dynamics

Satisfied customers are company’s customer relationship capital.

Manage your customer base

Build loyalty

Create Tie-ups

Win-backs

It’s easier to reattract Ex-customers

These slides were Created by V.Sushmitha Reddy, IIITD&M Kancheepuram, during an internship by prof. Sameer Mathur, IIM Lucknow.

www.IIMInternship.com

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