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 | |  | A value proposition is a garb of benefits offered by companies to address and satisfy customers needs. For example, when you go to the store and they offer to give you a free breaker point with the purchase of specific merchandise or a specialize dollar amount. Since value reflects the sum of perceived tangible and impalpable benefits to customer (Kotler & Keller, Pg. 14), this technique offers as profitable marketing outline to retail stores. Value is historic because it provides customer satisfaction. Satisfaction reflects a persons judgment of a products perceived performance in relationship to expectations (Kotler & Keller, Pg. 14). Value could be considered a measuring tool of the likelihood that the consumer will wrench a repeat customer providing ongoing problem for the company. |
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(TCO A, B, C) How would you appoint relationship marketing? Why are these relationships so important to successful marketing?|
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 | Relationship marketing strives at grammatical construction enduring relationships with people and organizations in order to earn and declare their businesses (Kotler & Keller, Pg. 20).

Relationship marketing delivers many benefits to the business as it allows you to turn out marketing expenses, build referrals, and grow the companys business aligned with the clients needs. The ultimate outcome of relationship marketing is a marketing network consisting of the company and its supporting stakeholders, customers, employees, suppliers, distributors, retailers, ad agencies, etc with who it wad build mutually profitable business relationships (Kotler & Keller, Pg. 22). Basically, this marketing technique focuses on customer retention and the overall satisfaction of customers which is an necessity component to the overall success of any business and its marketing. |
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