Kraft Foods, one of the largest food manufacturers in the country, accomplishes its goals of the customer attraction, retention, and solving customer complaints through several means. According to Eccles (1981) customers prefer flexibility in their product and service offerings. Flexibility in product and service offerings not only provides the options to customers to choose and select only those products and services that best meet their needs but it also facilitates the process of customization and personalization. Similarly, Porter (1980) argues that in the present dynamic environment, a number of firms are shifting their focus from transaction-based interactions to relationship-based interactions. Since a firm usually incurs far more money in attracting a new customer than maintaining an existing one, it is always beneficial for the firm to lock- in its existing customers by developing close relations with them. In this perspective, businesses are encouraged to take notice of the customer's life cycle. In other words, it is no longer sufficient to create a transaction with a customer; rather, the firm should decide to capture customers over their life times to decide what they want and how to deliver those products and services to them. In this stage, it is important that a firm places critical information in its site that is easily accessible to the customers.
Customer acquisition is considered the prime objective of the company.
Using the above line of thinking, First of all, Crafts Food work on the basis of the cross-functional teams, which is used to identify and meet on the needs of these specific customers. The use of cross-functional teams helps Craft Foods in recognizing...
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