Sunday, February 22, 2009

The Changing focus of Marketing (Transaction and Relational)

Transaction Marketing

Relational Marketing

1

Single Sale

FOCUS

Customer retention

2

Product features

ORIENTATION

Product Benefits

3

Short Term

TIME SCALE

Long Term

4

Little Emphasis

CUSTOMER SERVICE

High Emphasis

5

Limited

CUSTOMER COMMITMENT

High

6

Moderate

CUSTOMER CONTACT

High

7

Concern Production

QUALITY

Concern of all