What Are the Benefits to a Brand of a Satisfied Customer?
While customer satisfaction is a critical component of brand equity, companies often underdeliver on service. To improve the service element can be costly; often it requires the substantial reorganization of a business. However, if the benefits of doing so can be quantified, such investment may be justified. And when high levels of service delivery have been achieved, strong marketing can help to enhance perceptions of good service.
Customer Satisfaction and Brand Equity
In many large organizations, one team handles customer satisfaction while another manages brand equity. When these teams...