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IK 07 Vertrieb und Kundenbeziehungen (EN)

IK 07 Sales and Customer Relationships

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Knowledge Check

Four questions for self-assessment. Click on each question to see the correct answer and explanation.

What is the primary difference between acquisition and customer retention?
  • A) Acquisition targets new customers, retention targets existing customers
  • B) Retention is reactive, acquisition is proactive
  • C) Acquisition is done only through phone calls, retention only through personal meetings
  • D) Retention is exclusively technical in nature, acquisition is exclusively sales-oriented

Correct Answer: B. Customer retention responds to existing customer needs, while acquisition proactively acquires new customers. A is incorrect because retention also includes new customers. C is incorrect because both methods use various channels. D is incorrect because both have both technical and sales aspects.

Which element is not part of a CRM system?

Correct Answer: C. Production planning is part of an ERP system, not a CRM system. A, B and D are core functions of a CRM system for managing customer relationships.

What is the main advantage of a customer loyalty program?
  • A) Maximum short-term revenue increase
  • B) Reduction of marketing costs
  • C) Increase in customer loyalty and lifetime value
  • D) Faster acquisition of new customers

Correct Answer: C. Customer loyalty programs aim to increase loyalty and customer lifetime value. A is incorrect because the focus is long-term. B is not applicable because loyalty programs incur costs. D is incorrect because acquisition is a separate goal.

Which statement about customer communication is correct?
  • A) One-way communication is more effective than dialogue
  • B) Digital channels completely replace personal communication
  • C) Consistent communication across all channels is crucial
  • D) Customers should only be contacted when they have an inquiry

Correct Answer: C. Omnichannel communication creates a consistent customer experience. A is incorrect because dialogue strengthens customer relationships. B is incorrect because personal communication is often crucial. D is incorrect because proactive communication is important.