Poorly served or neglected customers are likely to start looking for alternate suppliers. Thus, relational selling is characterized by frequent, even daily contacts between the sales force and the customer, or by electronic systems that enable the seller to monitor various aspects of the buyer's business, such as inventory levels and reorder points.
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Q78: In relational selling buyers and sellers participate
Q79: In strategic partnerships if customers have a
Q80: Recognition, by both buyer and seller, that
Q81: Customer retention refers to the percentage of
Q82: In transactional selling firms seek to develop
Q84: Relational selling requires a longer-term focus, thus
Q85: Relationship marketing occurs when the goals, strategies,
Q86: Relational selling lie at the opposite high
Q87: Transactional selling is based more on inter-organizational
Q88: Strategic partnerships result in continuous, recurring exchanges,
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