As an Amazon Associate I earn from qualifying purchases.

What is Customer Managed Relationship in Marketing? PDF Download

Learn Customer Managed Relationship definition in marketing with explanation to study “What is Customer Managed Relationship”. Study customer managed relationship explanation with marketing terms to review marketing course for online MBA programs.

Customer Managed Relationship Definition

  • Marketing relationships in which customers, empowered by today's new digital technologies, interact with companies and with each other to shape their relationships with brands.

    Principles of Marketing by Philip T. Kotler, Gary Armstrong



Customer Managed Relationship Explanation

It is a sort of relationship which reflects structure, applications, software, and internet facility to appreciate customers. This technique is usually used to develop a long term relationship with customers with the business. However, it will help business to get maximum profit from their customer friendly strategies for the targeted population.

Keep Learning Marketing Explanations

What is Spam?

Spamming is the utilization of informing frameworks to send a spontaneous message (spam), particularly publicizing, just as sending messages more ...

What are Online Social Networks?

An online informal community is a social structure made of people (or associations) that can be called as "hubs", and ...

What are Membership Groups?

Gatherings can likewise be characterized based on participation as enrollment gatherings and emblematic gatherings. At the point when an individual ...

What is Features?

Features are attributes that separate an item or administration from other comparable things. An item highlight is a genuine physical ...

What is Share of Customer?

Administration changeability might be characterized as the adjustments in the nature of a similar administration given by various merchants. The ...

What are Buyer-Readiness Stages?

Buyer readiness stage is a process incorporated six steps depends on a consumer decision of purchasing a product and services ...