Investing in a strategic approach to customer relationships

 

The quality of the relationship a business has with its customers determines its long term success.

Businesses face two fundamental choices about their customer relationships.

  • whether to move from a day to day tactical approach to a longer term strategic focus
  • whether to simply maintain the relationship or invest in its growth

This holds for all customer types - internal, business and end.

smi has developed tools that are applied to systematically audit, plan & unlock the latent power ot customer relationships to grow your business.

 

Strategic Relationship Planning

SRP is a process designed to assist business assess & make decisions about customer relationships. It addresses many of their fundamental tensions and offers a practical solution to shift the paradigm from:

 

Adversarial to Co-Operative

  • Powerful competing interests need to converge.
  • Must develop an understanding at all levels of the organisation that a joint approach delivers greater value to both the end customer & each individual trading party.
  • Need to map stages of development and resource requirements.
  • Monitoring and feedback loops should be ongoing and deliver outcomes that facilitate continuous improvement.

One practical first step may be a formalised joint planning process.

smi has significant experience in the design and development of SRP programs that deliver value. A blend of practical strategic and tactical insight ensures a highly targeted result.

Consumer Solution Marketing

When you stop thinking like a retailer and start thinking like a customer increased sales & profit flow.

Beyond category management is consumer solution marketing. This steps away from managing a category of products to developing a solution that meets customer needs in terms of convenience, choice & value for money.

Consumer solution marketing breaks down the barriers between product portfolios and enhances the in-store environment to improve end customer satisfaction.

Investing in relationships to get closer to your customers is vital to taking a leadership role and building competitve advantage. Developing strategic relationships is the bedrock to developing true consumer solutions.

Let smi show you how.

 

 
 
Structuring the company to effectively deliver