Lesson 21º

 

 

 

 

 

 

 

Relational Marketing

Concept of Relational Marketing

Reinares and Ponzoa define relational marketing as:

“The different actions and initiatives developed by a company towards their different audiences or towards a determined audience or segment of this audience, directed to achieve their satisfaction by offering them services and products adjusted to their needs and expectations, including the creation of stable relationships, interchanging ideas and adding value, with the objective of guaranteeing a trustworthy, compliant climate with competitive advantages that prevents the clients escaping to other competitors”.

Manuel Alfaro gives a more concise definition, he defines it as:

“An effort integrated to identify and maintain a network of clients, with the objective of reinforcing them continuously to benefit both parts, by means of contacts and individualized interactions that generate value throughout time”.