Professional Documents
Culture Documents
Financial Benefits:
The key idea governing this strategy is to motivate
customers to maintain relationship because of some
financial incentive.
Firms create various kinds of clubs and programs to
reward heavy or frequent buying customers.
Customer Retention…
Social Benefits:
Customers desire several benefits from relationships
with service firm or service employees.
People serving the customers may be perceived like a
surrogate family.
Customers feels happy when employees recognize
him or her as an individual and more so when they
know names and preferences.
Customers want to bond with people socially
because they seek long for customized treatment.
Customer Retention…
Structural Bonds:
Gronroos, C. Service Marketing Management: A Customer Relationship Management Approach, New York,
John Wiley, 2014, p.67.
SERVQUAL
It is a multi dimensional research instrument,
designed to capture consumer expectations and
perceptions of a service along the five dimensions
that are believed to represent service quality.
Assurance,
Tangibles,
Empathy and
Responsiveness.
SQ = P - E
Thank You…
Dr. Ajai Krishnan G