Asked by Annika Hogstrom on Apr 26, 2024
Verified
During the past couple of decades, marketers have begun to develop a relational orientation as they have realized that they need to think about their customers in terms of relationships rather than transactions. How does Apple encourage its customers to maintain a long-term relationship with the company?
Relational Orientation
An emphasis on building long-term relationships with customers, focusing on satisfaction and loyalty rather than immediate transactions.
Apple
A technology company known for its innovation in consumer electronics, software, and personal computers.
- Comprehend the significance and procedure of customer relationship management (CRM) within the context of marketing.
Verified Answer
GS
Gabriela SonzogniApr 27, 2024
Final Answer :
During the past couple of decades, marketers have begun to develop a relational orientation as they have realized that they need to think about their customers in terms of relationships rather than transactions. To build relationships, firms focus on the lifetime profitability of the relationship, not how much money is made during each transaction. Thus, Apple makes its innovations compatible with existing products to encourage consumers to maintain a long-term relationship with the company across all their electronic needs.
Learning Objectives
- Comprehend the significance and procedure of customer relationship management (CRM) within the context of marketing.
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