Friday, May 15, 2009

Long-term Relationships ¦ Key To Success

The result of long-term relationships is better and better quality, and lower and lower costs. - W. Edwards Deming

All businesses, irrespective of size, need clients for success. Attracting clients and retaining them for a lifetime is biggest challenge that any company faces, however once it is accomplished there is no turning back. A satisfied long-term client brings more transactions and also refers you to others. The valuable testimonials that you receive from them are the key to your success.

Finding a new prospect is much costlier than retaining the older ones. Excellent communication and public relation skills are must for maintain good long-term client relations. Building a long-term relationship with clients is a step-by step process. Nothing happens overnight. It takes time and patience to build a good reliable long-term business relationship. Following are few strategies of maintaining a long-term client relationship:
Don’t break a promise

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