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Building online customer relationshipKeywords: customer relationship management , Internet Abstract: Those companies who manage to retain their valuable clients for a long period of time are much more successful in terms of money gains, than those companies that are focusing only on customer acquisition. New customer acquisition requires a large amount of money for using the proper online marketing tools. As a lot of studies have shown, it costs much more money to gain a new customer, than to retain the already gained customers. To find the best tools for online customer retention, companies require a well-organized and functional customer relationship management. This means focusing on customers, customer orientation and a strong relationship between customer and company.
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