Relationship marketing refers to a strategy focused on creating, maintaining, and strengthening lasting, personalized relationships with customers. Its primary goal is to build long-term customer loyalty by establishing an emotional connection and proactively addressing their needs.
This concept, popularized in the 1980s, developed in response to changing consumer expectations, who are increasingly seeking authenticity and personalization in their interactions with brands.
1.2 Difference between relationship marketing and transactional marketing
Relationship marketing is fundamentally different indonesia email list from transactional marketing, which is based on one-off actions aimed at maximizing sales in the short term.
3. Why integrate relationship marketing into your strategy?
3.1 Customer loyalty
Investing in customer loyalty is one of the key benefits of relationship marketing. By creating long-lasting, trusting relationships, businesses encourage repeat purchases, thereby increasing customer lifetime value (CLV).
According to the Pareto law, 20% of customers generate 80% of revenue, which highlights the importance of pampering loyal customers. Loyalty programs, exclusive offers and regular communications help strengthen this relationship, promoting sustainable growth.
3.2 Personalization of the experience
Relationship marketing is based on a deep understanding of customers, obtained through tools such as CRM (Customer Relationship Management) or satisfaction surveys. This data collection allows you to better segment audiences, identify their preferences and anticipate their needs.
Relationship marketing: definition and implementation
-
- Posts: 983
- Joined: Sun Dec 22, 2024 3:28 am