Defensive Marketing Warfare Strategies - Features of Defensive Strategies

Features of Defensive Strategies

1. More profitable for firm

2. Uses customer as a shield in their battles with rival

3. Focus: managing current or existing customer & building relationship and retaining customer reducing switching by managing customer complaint to increase customer retention

4. Requires commitment and trust

5.The relationship is built through communication, cultivating trust, empathy, shared value reciprocity and bonding


Read more about this topic:  Defensive Marketing Warfare Strategies

Famous quotes containing the words features of, features, defensive and/or strategies:

    The features of our face are hardly more than gestures which force of habit made permanent. Nature, like the destruction of Pompeii, like the metamorphosis of a nymph into a tree, has arrested us in an accustomed movement.
    Marcel Proust (1871–1922)

    These, then, will be some of the features of democracy ... it will be, in all likelihood, an agreeable, lawless, particolored commonwealth, dealing with all alike on a footing of equality, whether they be really equal or not.
    Plato (c. 427–347 B.C.)

    Hats divide generally into three classes: offensive hats, defensive hats, and shrapnel.
    Katharine Whitehorn (b. 1926)

    By intervening in the Vietnamese struggle the United States was attempting to fit its global strategies into a world of hillocks and hamlets, to reduce its majestic concerns for the containment of communism and the security of the Free World to a dimension where governments rose and fell as a result of arguments between two colonels’ wives.
    Frances Fitzgerald (b. 1940)