Marketing in Service Sector & Shops

Page 11

Why is Customer Satisfaction Receiving So Much Attention? Creates goodwill/ enhances reputation Increases margins / reduces price elasticity

Reduces “cost –ofpoor quality”

Increase “Cross-self” success

Customer Satisfaction

Lowers employee turnover Increases competitors marketing costs

Naman Infotech Centre.

Lowest cost of marketing

Tele: 91-079-26565405, 91-079-26561104

Is an unambiguous performance measure (Management, Aldridge) Raises the customer retention rate

Increases shares of customers’ purchases 11


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