Asked by Jessica Alonso on Jul 02, 2024

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________ marketing is based on the idea that important customers require constant attention.

A) Transaction
B) Relationship
C) Quality
D) Transformational
E) Partnership

Transaction Marketing

A traditional marketing strategy that focuses on single, short-term sales transactions rather than building long-term relationships with customers.

Relationship Marketing

A strategy aimed at building long-term relationships with customers rather than focusing solely on individual transactions, emphasizing customer loyalty and engagement.

Quality Marketing

Strategies and efforts focused on creating and promoting high-quality products or services to meet customer expectations.

  • Understand the concept and importance of relationship marketing.
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KR
Kaiya Remeyboo4 days ago
Final Answer :
B
Explanation :
Relationship marketing is based on the idea of building long-term and mutually beneficial relationships with important customers. This approach recognizes that important customers require constant attention and effort to maintain their loyalty and satisfaction. Relationship marketing focuses on understanding and meeting the needs of customers over time, rather than just making individual transactions.