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Length: 8 pages
For eBusiness, Channel & Product Management Professionals
November 26, 2007Topic Overview: Customer Advocacy by Bill Doyle This is a document excerptEXECUTIVE SUMMARY
Forrester's research shows that a key driver of deeper customer relationships is a trait we call "customer advocacy" — the perception on the part of customers that a firm does what's best for them, not just what's best for its own bottom line. When customers feel that a firm acts in their best interests, they are willing to invest more, borrow more, and buy more products from the firm. In this document, we have compiled our most important research on customer advocacy to provide an overview of our research and perspectives on the subject.
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Case Study: How Charles Schwab Stormed Back By Focusing On Customer Loyalty
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