Relationship between buyers and sellers can vary from single time transactions to long-term relationships. These two approaches represent different points of view in the buyer-seller interactions.
The manufacturers don’t
take the time to build a
relationship.
Relationship based
Focused on long-lasting
relationships
It must infiltrate every level of
contact with a current or potential
customer, from the sales staff to
point-of-sale displays to customer
service representatives
Relationship building
Awareness--The company and
the client must identify and
qualify the potential outcomes
and prospects of the
relationship.
Exploration—The Company
and the client must analyze
the costs and benefits of
collaborating with each other,
in order to satisfy their needs
and capabilities.
Expansion--The
relationship between
the company and the
client deepens.
Commitment—Both parties
deepen their relationship by
sharing information, goals,
interests, etc.. Focus on achieving
mutual benefits.
Dissolution- This phase may or may not occur.
If it occurs the relationship between the
parties is over.