Treating customers as online equals boosts business, research finds

Tuesday, August 24, 2010 - 09:28 in Mathematics & Economics

Companies hoping to benefit from the emergence of online tools, such as social media, blogs, and wikis, must develop ongoing relationships with their customer and encourage interactions between customers. When customers see that a company is devoting resources, effort and attention to enhancing relationships, they are more likely to become advocates for that company's products or services, new business research finds.

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