Common Customer Relationship Types

In this video, Monika Papadopoulou our Community Relations Manager, talks to us about five common customer relationship types
Your customer relationship will influence the experience that they will have with you and the frequency of engagement with them.
Here are 5 commonly used customer relationships:
1- Self Service or Automated relationships where clients can conduct most or all of the service they need without assistance by anyone in your business. A lot of monthly subscription or online services follow this model
2- Personal Relationships where your direct teams are involved in selling and servicing your clients. This is common in physical retail, high value and corporate sales.
3- Co-Creation Relationship where clients contribute to the growth of your business, such as the case with social media sites
4- Transactional Relationship where the client can use your product and service once and might never have the need to return to you and use it again
5- Switching Cost are sticky relationships where it becomes difficult for a client to change a service since they have invested so much time and effort into the relationship. First movers in this type of relationship have the most to gain
Determine which one of these relation types has the most value to your business and to your clients' experience.
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[@rishabhsrivastav2066]

Nice Video Mam, Small and too the point