Posts Tagged ‘Customer Loyalty’

Customer Service - Strategic Management of Customer Loyalty

Tuesday, July 21st, 2009

We now know that building Customer Loyalty is key to success in any organization.

The philosophy was first articulated by Fredreich Reicheld – who studied the relationship between three factors - customer satisfaction, customer loyalty and profits. (Bain & Company)

He stated several facts that seem glaringly clear now, but until then, had not been clearly stated.

Tom Peters, author of the seminal business bible – ‘In Search of Excellence’, described great management ideas as ” a blinding flash of the obvious” - because they’re so right, so simple and so obvious. (more…)