, companies can offer customized solutions that
enhance customer satisfaction and loyalty.
Long-Term Relationships: A deep understanding of customers fosters long-term relationships built on
trust and mutual benefit.
Competitive Advantage: Companies that excel in understanding and meeting customer needs
differentiate themselves from competitors, leading to higher customer retention and success.
Reference:
Hanan, M., & Karp, P. (1991). Customer Satisfaction: How to Maximize, Measure, and Market Your
Company's "Ultimate Product". AMACOM.
Gale,
B. T. (1994). Managing Customer Value: Creating Quality and Service That Customers Can See.
Free Press.
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