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            | Topic: | Business | 
        
            | Number of pages / Number of words: | 4 / 898 | 
                
    
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âCompanies are moving closer to their customers, expending more effort in finding new ways to create value for their customers, and transforming the customer relationship into one of solution finding and partnering rather than one of selling and order takingâ (El Sawy and Bowles, 1997). âOrganizations will be more successful if they concentrate on obtaining and maintaining a share of each customer rather than a share of the entire marketâ (Peppers and Rogers, 1995)...
        
        
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âOrganizations will be more successful if they concentrate on obtaining and maintaining a share of each customer rather than a share of the entire marketâ (Peppers and Rogers, 1995). âIt has been illustrated in practice that retaining an existing customer is more profitable than acquiring a new oneâ (Reichheld and Sasser, 1990)...
        
        
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            General points of the essay
            
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