Relationship Marketing Essay Example | Topics and Well Written Essays - 1500 words

Relationship Marketing - analyse ExampleThe affiliates include the employees, customers, suppliers and distributors. He argues that, it is healthy for a business to establish a strong tooshie that will retain its customers rather than trying to acquire raw customers either time.Relationship marketing fit in to Kanagal (2009) is a philosophy to change the eager customer behaviours and the implementations taking consideration of what the customers think about the guild and what the employees should know about the customers. He adds that business should dwell on identification, establishment, enlargement, maintenance and modification of relationships with customers thus twist both history and future.According to the definitions, relationship marketing entails taking consideration of the channel to acquire new customers, nurturing and satisfying their needs. In satisfying customers needs, companies are able maintain their customers rather than trying to convince and attain new cu stomers. It is clear that a good relationship with and knowing what they need fosters victor in business.In general, RM can be defined as a channel towards business advantage developed through building a strong foundation that maintains the stakeholders of the business. The channel considers engaging customer requirements, penchant and tastes in an effort to deliver the best services that will retain them and create a chic future of the business.Relationship marketing helps in building knowledge, preference and trust factor in customers. In the current world of technology, there is the luxury to know and decide on whom to trust in every purchase. Businesses need to step extra mile to create know, like and trust factor placement (Morgan & Hunt, 1994). The system can be achievable through consistent activeness on social media networks, offline networks and websites. Responses and ability to interact with customers helps build a strong platform for the