Exam 14: Building Customer Relationships

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Buying an expensive set of underwear is most likely an attempt to satisfy which category of need?

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Customer relationship management means the different things to different people.

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Buying or developing CRM software leads to higher customer retention.

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A growing number of marketers are using _____ software to form relationships with customers.

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Nikita's decision to buy her shoes at same shop that her favorite professor patronizes is the result of which sociological influence?

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You Make the Call-Situation 1 Jeremy Shepherd is the founder of PearlParadise.com, in Santa Monica, California. His jewelry business recognizes the importance of ensuring that customers keep them coming back. However, Shepherd is uncertain as to which customer retention techniques he should use to develop a strong foundation of repeat customers. PearlParadise.com's Web site has the software capabilities to support customer interaction. (Source: Melissa Campanelli, "Happy Returns," www.entrepreneur.com/mag/article/0,1539,312420,00.htm, January 2004.) You Make the Call-Situation 1 Jeremy Shepherd is the founder of PearlParadise.com, in Santa Monica, California. His jewelry business recognizes the importance of ensuring that customers keep them coming back. However, Shepherd is uncertain as to which customer retention techniques he should use to develop a strong foundation of repeat customers. PearlParadise.com's Web site has the software capabilities to support customer interaction. (Source: Melissa Campanelli, Happy Returns, www.entrepreneur.com/mag/article/0,1539,312420,00.htm, January 2004.)

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Attending a wedding is most likely an attempt to satisfy which category of need?

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Post-purchase dissonance and consumer complaints are both directly related to customer satisfaction.

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