{"id":4506,"date":"2024-04-25T19:59:50","date_gmt":"2024-04-25T12:59:50","guid":{"rendered":"https:\/\/libcondemo.bangkokwebsitedesign.com\/referral-sales-in-management-strategy-sales-1-3\/"},"modified":"2024-04-25T19:59:51","modified_gmt":"2024-04-25T12:59:51","slug":"referral-sales-in-management-strategy-sales-1-3","status":"publish","type":"post","link":"https:\/\/libcon.co.th\/en\/referral-sales-in-management-strategy-sales-1-3\/","title":{"rendered":"Referral Sales in Management Strategy Sales 1\/3"},"content":{"rendered":"\t\t<div data-elementor-type=\"wp-post\" data-elementor-id=\"4506\" class=\"elementor elementor-4506 elementor-4478\" data-elementor-post-type=\"post\">\n\t\t\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-bead9ba elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"bead9ba\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-bb2003f\" data-id=\"bb2003f\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<section class=\"elementor-section elementor-inner-section elementor-element elementor-element-2eae585 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"2eae585\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-inner-column elementor-element elementor-element-e69098e\" data-id=\"e69098e\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-6d01d94 elementor-widget elementor-widget-text-editor\" data-id=\"6d01d94\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p><b>Referral Sales in Management Strategy Sales 1\/3<\/b><\/p>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-fcd254e pp-dual-heading-block elementor-widget elementor-widget-pp-dual-heading\" data-id=\"fcd254e\" data-element_type=\"widget\" data-widget_type=\"pp-dual-heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t<h2 class=\"pp-dual-heading\">\n\t\t\t\t\t\t\t\t\t<span class=\"pp-first-text\">\n\t\t\t\t\t\t Amazon founder, Jeff Bezos,\t\t\t\t\t<\/span>\n\t\t\t\t\t\t\t\t\t\t<span class=\"pp-second-text\">\n\t\t\t\t\t\twas quoted as saying the following on the changing trend of sales and marketing in the management strategy:\r\n\t\t\t\t\t<\/span>\n\t\t\t\t\t\t\t\t<\/h2>\n\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-a45eead elementor-widget elementor-widget-text-editor\" data-id=\"a45eead\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<div class=\"vc_empty_space\">\n<p><span style=\"font-weight: 400;\">\u201cThe balance of power is shifting toward consumers and away from companies.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">The right way to respond to this if you are a company is to put the vast majority of your energy, attention, and dollars into building a great product or service and put a smaller amount into shouting about it, marketing it.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">In the old world, you devoted 30% of your time to building a great service and 70% of your time to shouting about it. In the new world, that inverts. Your brand is formed primarily, not by what your company says about itself, but what the company does.\u201d<\/span><\/p>\n<p><b>Starbucks\u2019 Howard Schultz also has similar thoughts on advertisement cost in what he wrote: \u201cStarbucks\u2019 success proves that millions of dollars of advertisement spending is not necessary in establishing a national brand.\u201d<\/b><\/p>\n<p><span style=\"font-weight: 400;\">Both Jeff Bezos and Howard Schultz started out as venture businesses, and it is without a doubt that they climbed to the top to become successful businessmen through revolutionary business strategy.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Amazon officially started in 1995. Starbucks\u2019 breakthrough could also be said to be in the 1990s. In other words, the traditional era of advertisement-centered sales has ended, and as they both said, right now is the time where rather than advertisement, product quality and word of mouth have become the main driving forces.<\/span><\/p>\n<\/div>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-inner-section elementor-element elementor-element-bd37790 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"bd37790\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-inner-column elementor-element elementor-element-23f7267\" data-id=\"23f7267\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-c77e8eb elementor-widget elementor-widget-text-editor\" data-id=\"c77e8eb\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p><b>The Fall of Traditional Media Seen Through Data<\/b><b><br \/>\n<\/b><\/p>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-f4c0802 elementor-widget-divider--view-line elementor-widget elementor-widget-divider\" data-id=\"f4c0802\" data-element_type=\"widget\" data-widget_type=\"divider.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<div class=\"elementor-divider\">\n\t\t\t<span class=\"elementor-divider-separator\">\n\t\t\t\t\t\t<\/span>\n\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-a8b61f3 elementor-widget elementor-widget-text-editor\" data-id=\"a8b61f3\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<div class=\"vc_empty_space\">\n<div class=\"wpb_text_column wpb_content_element \">\n<div class=\"wpb_wrapper\">\n<p><span style=\"font-weight: 400;\">The advertisement fee for the once-popular mass communication media\u2014print media, broadcast media, outdoor media, and film\u2014is declining annually. The number of copies of magazines has also declined, and the television industry also fails to record the same ratings it once had. Figure 1 is a summary of the advertisement fee growth for each business category.<\/span><\/p>\n<\/div>\n<\/div>\n<\/div>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-9692634 elementor-widget elementor-widget-image\" data-id=\"9692634\" data-element_type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<img fetchpriority=\"high\" decoding=\"async\" width=\"800\" height=\"600\" src=\"https:\/\/libcon.co.th\/wp-content\/uploads\/2024\/04\/31-1024x768.jpeg\" class=\"attachment-large size-large wp-image-4484\" alt=\"\" srcset=\"https:\/\/libcon.co.th\/wp-content\/uploads\/2024\/04\/31-1024x768.jpeg 1024w, https:\/\/libcon.co.th\/wp-content\/uploads\/2024\/04\/31-300x225.jpeg 300w, https:\/\/libcon.co.th\/wp-content\/uploads\/2024\/04\/31-768x576.jpeg 768w, https:\/\/libcon.co.th\/wp-content\/uploads\/2024\/04\/31.jpeg 1200w\" sizes=\"(max-width: 800px) 100vw, 800px\" \/>\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-8b1fbe8 elementor-widget__width-initial elementor-widget elementor-widget-text-editor\" data-id=\"8b1fbe8\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<div class=\"vc_empty_space\">\n<div class=\"wpb_text_column wpb_content_element \">\n<div class=\"wpb_wrapper\">\n<div class=\"vc_empty_space\">\n<div class=\"wpb_text_column wpb_content_element \">\n<div class=\"wpb_wrapper\">\n<p><span style=\"font-weight: 400;\">It can be seen that for most business categories, the advertisement fee for the four mass communication media has decreased.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">This distribution involves deciding how much of the advertisement budget goes to each specific medium based on various factors.<\/span><\/p>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-inner-section elementor-element elementor-element-b80a61c elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"b80a61c\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-inner-column elementor-element elementor-element-d533018\" data-id=\"d533018\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-a5f7eb9 elementor-widget elementor-widget-text-editor\" data-id=\"a5f7eb9\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p><b>The Rise of the Internet<\/b><b><br \/>\n<\/b><\/p>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-ecd7f13 elementor-widget-divider--view-line elementor-widget elementor-widget-divider\" data-id=\"ecd7f13\" data-element_type=\"widget\" data-widget_type=\"divider.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<div class=\"elementor-divider\">\n\t\t\t<span class=\"elementor-divider-separator\">\n\t\t\t\t\t\t<\/span>\n\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-b6b4974 elementor-widget elementor-widget-text-editor\" data-id=\"b6b4974\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<div class=\"vc_empty_space\">\n<div class=\"wpb_text_column wpb_content_element \">\n<div class=\"wpb_wrapper\">\n<div class=\"vc_empty_space\">\n<div class=\"wpb_text_column wpb_content_element \">\n<div class=\"wpb_wrapper\">\n<div class=\"vc_empty_space\">\n<div class=\"wpb_text_column wpb_content_element \">\n<div class=\"wpb_wrapper\">\n<p><span style=\"font-weight: 400;\">A media that is growing in popularity and looking to replace the four traditional media is the internet. Due to the popularization of smartphones, the internet has become a media that is extremely familiar, especially for young audiences.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Thanks to the speediness of information and the interactive nature that the internet offers, many services, such as social networking service (SNS) or curation applications, have been developed.<\/span><\/p>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-f93096a elementor-widget elementor-widget-image\" data-id=\"f93096a\" data-element_type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<img decoding=\"async\" width=\"800\" height=\"598\" src=\"https:\/\/libcon.co.th\/wp-content\/uploads\/2024\/04\/32-1024x766.jpeg\" class=\"attachment-large size-large wp-image-4486\" alt=\"\" srcset=\"https:\/\/libcon.co.th\/wp-content\/uploads\/2024\/04\/32-1024x766.jpeg 1024w, https:\/\/libcon.co.th\/wp-content\/uploads\/2024\/04\/32-300x225.jpeg 300w, https:\/\/libcon.co.th\/wp-content\/uploads\/2024\/04\/32-768x575.jpeg 768w, https:\/\/libcon.co.th\/wp-content\/uploads\/2024\/04\/32.jpeg 1200w\" sizes=\"(max-width: 800px) 100vw, 800px\" \/>\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-1501bf2 elementor-widget elementor-widget-text-editor\" data-id=\"1501bf2\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p><span style=\"font-weight: 400;\">According to the documents by Japan\u2019s Ministry of Internal Affairs and Communication (MIC) (Figure 2), if the data amount in 2001 equals 100, that figure would rise to 7,163 in 2009; consequently, the data amount increased by more than 70 times during a period of only 10 years.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">However, there is a limit on the information amount one human can process. Due to the excess of information, which is more than one can fully grasp, information is processed in one moment and is suddenly forgotten and gone. In an information-flooded era like the present, how are people choosing which information to retain?<\/span><\/p>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-inner-section elementor-element elementor-element-60b6ee6 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"60b6ee6\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-inner-column elementor-element elementor-element-95078ef\" data-id=\"95078ef\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-f725d40 elementor-widget elementor-widget-text-editor\" data-id=\"f725d40\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p><b>The Value of Information Lies in the Quality, Not Amount<\/b><\/p>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-840d01c elementor-widget-divider--view-line elementor-widget elementor-widget-divider\" data-id=\"840d01c\" data-element_type=\"widget\" data-widget_type=\"divider.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<div class=\"elementor-divider\">\n\t\t\t<span class=\"elementor-divider-separator\">\n\t\t\t\t\t\t<\/span>\n\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-1e09fe2 elementor-widget elementor-widget-image\" data-id=\"1e09fe2\" data-element_type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<img decoding=\"async\" width=\"800\" height=\"600\" src=\"https:\/\/libcon.co.th\/wp-content\/uploads\/2024\/04\/33-1024x768.jpeg\" class=\"attachment-large size-large wp-image-4488\" alt=\"\" srcset=\"https:\/\/libcon.co.th\/wp-content\/uploads\/2024\/04\/33-1024x768.jpeg 1024w, https:\/\/libcon.co.th\/wp-content\/uploads\/2024\/04\/33-300x225.jpeg 300w, https:\/\/libcon.co.th\/wp-content\/uploads\/2024\/04\/33-768x576.jpeg 768w, https:\/\/libcon.co.th\/wp-content\/uploads\/2024\/04\/33.jpeg 1200w\" sizes=\"(max-width: 800px) 100vw, 800px\" \/>\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-ed06b73 elementor-widget elementor-widget-text-editor\" data-id=\"ed06b73\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<div class=\"vc_empty_space\">\n<div class=\"wpb_text_column wpb_content_element \">\n<div class=\"wpb_wrapper\">\n<p><span style=\"font-weight: 400;\">The following insights are from Nielsen\u2019s survey in April 2009 (Figure 3) ranking the reliability of information sources:<\/span><\/p>\n<p><span style=\"font-weight: 400;\">No. 1: Recommendation from an acquaintance.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">No. 2: Consumer review on the internet surpassed television or magazines. It can be seen that for consumers, referrals and word of mouth are reliable information sources.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Referrals from acquaintances, or word of mouth from a third party under similar circumstances are deemed highly reliable due to the proximal psychological distance or status.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">It is not an overstatement to say that at present, referrals and word of mouth have surpassed the four main media, and are becoming one of the most reliable media for consumers.<\/span><\/p>\n<\/div>\n<\/div>\n<\/div>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-inner-section elementor-element elementor-element-4196365 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"4196365\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-inner-column elementor-element elementor-element-51fd33f\" data-id=\"51fd33f\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-c1ead9a elementor-widget elementor-widget-text-editor\" data-id=\"c1ead9a\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p><b>Going Beyond CLV Maximization<\/b><b><br \/>\n<\/b><\/p>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-0636d12 elementor-widget-divider--view-line elementor-widget elementor-widget-divider\" data-id=\"0636d12\" data-element_type=\"widget\" data-widget_type=\"divider.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<div class=\"elementor-divider\">\n\t\t\t<span class=\"elementor-divider-separator\">\n\t\t\t\t\t\t<\/span>\n\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-8e53cc3 elementor-widget elementor-widget-text-editor\" data-id=\"8e53cc3\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<div class=\"vc_empty_space\">\n<div class=\"wpb_text_column wpb_content_element \">\n<div class=\"wpb_wrapper\">\n<p><span style=\"font-weight: 400;\">In Asia, there are still many unexplored industries, and the growth of existing trade partners leads directly to the company\u2019s growth.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">It is a scheme in which the expansion of the existing trade partner\u2019s business leads to a larger budget, resulting in the rise in trading value with the company, eventually leading to the company\u2019s growth.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">As was the case in Japan during its high-growth era, in this stage, by aiming for the maximization of CLV (customer lifetime value), substantial sales expansion could be anticipated. Shown below is a document for reference on CLV improvement (Figures 4, 5).<\/span><\/p>\n<\/div>\n<\/div>\n<\/div>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-f8658d6 elementor-widget elementor-widget-gallery\" data-id=\"f8658d6\" data-element_type=\"widget\" data-settings=\"{&quot;columns&quot;:3,&quot;gap&quot;:{&quot;unit&quot;:&quot;px&quot;,&quot;size&quot;:100,&quot;sizes&quot;:[]},&quot;aspect_ratio&quot;:&quot;4:3&quot;,&quot;gallery_layout&quot;:&quot;grid&quot;,&quot;columns_tablet&quot;:2,&quot;columns_mobile&quot;:1,&quot;gap_tablet&quot;:{&quot;unit&quot;:&quot;px&quot;,&quot;size&quot;:10,&quot;sizes&quot;:[]},&quot;gap_mobile&quot;:{&quot;unit&quot;:&quot;px&quot;,&quot;size&quot;:10,&quot;sizes&quot;:[]},&quot;link_to&quot;:&quot;file&quot;,&quot;content_hover_animation&quot;:&quot;fade-in&quot;}\" data-widget_type=\"gallery.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<div class=\"elementor-gallery__container\">\n\t\t\t\t\t\t\t<a class=\"e-gallery-item elementor-gallery-item elementor-animated-content\" href=\"https:\/\/libcon.co.th\/wp-content\/uploads\/2024\/04\/31-1.jpeg\" data-elementor-open-lightbox=\"yes\" data-elementor-lightbox-slideshow=\"f8658d6\" data-elementor-lightbox-title=\"31 (1)\" data-e-action-hash=\"#elementor-action%3Aaction%3Dlightbox%26settings%3DeyJpZCI6NDQ5NSwidXJsIjoiaHR0cHM6XC9cL2xpYmNvbi5jby50aFwvd3AtY29udGVudFwvdXBsb2Fkc1wvMjAyNFwvMDRcLzMxLTEuanBlZyIsInNsaWRlc2hvdyI6ImY4NjU4ZDYifQ%3D%3D\">\n\t\t\t\t\t<div class=\"e-gallery-image elementor-gallery-item__image\" data-thumbnail=\"https:\/\/libcon.co.th\/wp-content\/uploads\/2024\/04\/31-1.jpeg\" data-width=\"300\" data-height=\"225\" aria-label=\"\" role=\"img\" ><\/div>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/a>\n\t\t\t\t\t\t\t<a class=\"e-gallery-item elementor-gallery-item elementor-animated-content\" href=\"https:\/\/libcon.co.th\/wp-content\/uploads\/2024\/04\/35.jpeg\" data-elementor-open-lightbox=\"yes\" data-elementor-lightbox-slideshow=\"f8658d6\" data-elementor-lightbox-title=\"35\" data-e-action-hash=\"#elementor-action%3Aaction%3Dlightbox%26settings%3DeyJpZCI6NDQ5MywidXJsIjoiaHR0cHM6XC9cL2xpYmNvbi5jby50aFwvd3AtY29udGVudFwvdXBsb2Fkc1wvMjAyNFwvMDRcLzM1LmpwZWciLCJzbGlkZXNob3ciOiJmODY1OGQ2In0%3D\">\n\t\t\t\t\t<div class=\"e-gallery-image elementor-gallery-item__image\" data-thumbnail=\"https:\/\/libcon.co.th\/wp-content\/uploads\/2024\/04\/35.jpeg\" data-width=\"300\" data-height=\"225\" aria-label=\"\" role=\"img\" ><\/div>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/a>\n\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-inner-section elementor-element elementor-element-de23462 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"de23462\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-inner-column elementor-element elementor-element-177b628\" data-id=\"177b628\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-c189223 elementor-widget elementor-widget-text-editor\" data-id=\"c189223\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<div class=\"vc_empty_space\">\n<div class=\"wpb_text_column wpb_content_element \">\n<div class=\"wpb_wrapper\">\n<p>This is a document about Starbucks corporation\u2019s customer satisfaction (CS) and CLV.<\/p>\n<p>CS is the horizontal axis, while CLV is the vertical axis. From the graph, it can be observed that the higher the customer satisfaction is, the higher the number of store visits and purchase price.<\/p>\n<p>Moreover, there is actually more than 3 times price difference in CLV between \u201csatisfied\u201d and \u201cextremely satisfied\u201d customers. Therefore, it can be seen that in order to maximize CLV, increasing the customer\u2019s satisfaction is an important prerequisite.<\/p>\n<\/div>\n<\/div>\n<\/div>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-1392adb elementor-widget elementor-widget-text-editor\" data-id=\"1392adb\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p>What is CRV, an important index for referral and word of mouth strategy?<\/p>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-9f59e73 elementor-widget-divider--view-line elementor-widget elementor-widget-divider\" data-id=\"9f59e73\" data-element_type=\"widget\" data-widget_type=\"divider.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<div class=\"elementor-divider\">\n\t\t\t<span class=\"elementor-divider-separator\">\n\t\t\t\t\t\t<\/span>\n\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-6b3787c elementor-widget elementor-widget-text-editor\" data-id=\"6b3787c\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<div class=\"vc_empty_space\">\n<div class=\"wpb_text_column wpb_content_element \">\n<div class=\"wpb_wrapper\">\n<div class=\"wpb_text_column wpb_content_element \">\n<div class=\"wpb_wrapper\">\n<p>However, in a mature market such as Japan, all rival companies are already maximizing their CLV at a high level. In a situation where sales from existing customer hits a plateau, the current situation is that traditional CLV maximization alone could not differentiate the company from rivals, and does not lead to growth. Therefore, an index which takes one step further is necessary.<\/p>\n<p>Hence, mature market such as the US are now currently focusing on maximizing CRV (Customer Recommend &amp; Referral Value). CRV is an index which does not represent only the increase in sales from the customer whose satisfaction was increased himself, but it also takes into account the increase in sales from families, friends, and acquaintances from referral and word of mouth. In another word, the point lies in the efficiency of new customer acquisition through existing customers.<\/p>\n<p>From the figure, among consumers who received word of mouth, more than 50% actually search for respective product or service, and more than 40% actually went to take a look at the product. In another word, it can be seen that word of mouths from an acquaintance easily leads to action.<\/p>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-6c0ece4 elementor-widget elementor-widget-gallery\" data-id=\"6c0ece4\" data-element_type=\"widget\" data-settings=\"{&quot;columns&quot;:3,&quot;gap&quot;:{&quot;unit&quot;:&quot;px&quot;,&quot;size&quot;:100,&quot;sizes&quot;:[]},&quot;aspect_ratio&quot;:&quot;4:3&quot;,&quot;gallery_layout&quot;:&quot;grid&quot;,&quot;columns_tablet&quot;:2,&quot;columns_mobile&quot;:1,&quot;gap_tablet&quot;:{&quot;unit&quot;:&quot;px&quot;,&quot;size&quot;:10,&quot;sizes&quot;:[]},&quot;gap_mobile&quot;:{&quot;unit&quot;:&quot;px&quot;,&quot;size&quot;:10,&quot;sizes&quot;:[]},&quot;link_to&quot;:&quot;file&quot;,&quot;content_hover_animation&quot;:&quot;fade-in&quot;}\" data-widget_type=\"gallery.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<div class=\"elementor-gallery__container\">\n\t\t\t\t\t\t\t<a class=\"e-gallery-item elementor-gallery-item elementor-animated-content\" href=\"https:\/\/libcon.co.th\/wp-content\/uploads\/2024\/04\/36.jpeg\" data-elementor-open-lightbox=\"yes\" data-elementor-lightbox-slideshow=\"6c0ece4\" data-elementor-lightbox-title=\"36\" data-e-action-hash=\"#elementor-action%3Aaction%3Dlightbox%26settings%3DeyJpZCI6NDQ5OSwidXJsIjoiaHR0cHM6XC9cL2xpYmNvbi5jby50aFwvd3AtY29udGVudFwvdXBsb2Fkc1wvMjAyNFwvMDRcLzM2LmpwZWciLCJzbGlkZXNob3ciOiI2YzBlY2U0In0%3D\">\n\t\t\t\t\t<div class=\"e-gallery-image elementor-gallery-item__image\" data-thumbnail=\"https:\/\/libcon.co.th\/wp-content\/uploads\/2024\/04\/36.jpeg\" data-width=\"1200\" data-height=\"900\" aria-label=\"\" role=\"img\" ><\/div>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/a>\n\t\t\t\t\t\t\t<a class=\"e-gallery-item elementor-gallery-item elementor-animated-content\" href=\"https:\/\/libcon.co.th\/wp-content\/uploads\/2024\/04\/37.jpeg\" data-elementor-open-lightbox=\"yes\" data-elementor-lightbox-slideshow=\"6c0ece4\" data-elementor-lightbox-title=\"37\" data-e-action-hash=\"#elementor-action%3Aaction%3Dlightbox%26settings%3DeyJpZCI6NDQ5NywidXJsIjoiaHR0cHM6XC9cL2xpYmNvbi5jby50aFwvd3AtY29udGVudFwvdXBsb2Fkc1wvMjAyNFwvMDRcLzM3LmpwZWciLCJzbGlkZXNob3ciOiI2YzBlY2U0In0%3D\">\n\t\t\t\t\t<div class=\"e-gallery-image elementor-gallery-item__image\" data-thumbnail=\"https:\/\/libcon.co.th\/wp-content\/uploads\/2024\/04\/37.jpeg\" data-width=\"1200\" data-height=\"900\" aria-label=\"\" role=\"img\" ><\/div>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/a>\n\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-a58ea47 elementor-widget elementor-widget-text-editor\" data-id=\"a58ea47\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<div class=\"vc_empty_space\">\n<div class=\"wpb_text_column wpb_content_element \">\n<div class=\"wpb_wrapper\">\n<div class=\"wpb_text_column wpb_content_element \">\n<div class=\"wpb_wrapper\">\n<p>The next graph (Figure 8) shows how word of mouth from acquaintances affects purchase price. From this, more than 50 percent of consumers answered that they would still purchase the item even though the price is 10% higher.<\/p>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-48898fd elementor-widget elementor-widget-image\" data-id=\"48898fd\" data-element_type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<img loading=\"lazy\" decoding=\"async\" width=\"800\" height=\"600\" src=\"https:\/\/libcon.co.th\/wp-content\/uploads\/2024\/04\/38-1024x768.jpeg\" class=\"attachment-large size-large wp-image-4480\" alt=\"\" srcset=\"https:\/\/libcon.co.th\/wp-content\/uploads\/2024\/04\/38-1024x768.jpeg 1024w, https:\/\/libcon.co.th\/wp-content\/uploads\/2024\/04\/38-300x225.jpeg 300w, https:\/\/libcon.co.th\/wp-content\/uploads\/2024\/04\/38-768x576.jpeg 768w, https:\/\/libcon.co.th\/wp-content\/uploads\/2024\/04\/38.jpeg 1200w\" sizes=\"(max-width: 800px) 100vw, 800px\" \/>\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-1ea2ce8 elementor-widget elementor-widget-text-editor\" data-id=\"1ea2ce8\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<div class=\"vc_empty_space\">\n<div class=\"wpb_text_column wpb_content_element \">\n<div class=\"wpb_wrapper\">\n<div class=\"wpb_text_column wpb_content_element \">\n<div class=\"wpb_wrapper\">\n<p><span style=\"font-weight: 400;\">In other words, it can be seen that due to the high reliability of the information taken from a referral or word of mouth, it could easily lead to a purchase decision, and there is even a high probability that the item will be purchased despite it slightly being more expensive.<\/span><\/p>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-inner-section elementor-element elementor-element-ec5c90e elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"ec5c90e\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-inner-column elementor-element elementor-element-0309152\" data-id=\"0309152\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-dd59626 elementor-widget elementor-widget-text-editor\" data-id=\"dd59626\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p><b>The overview of CRM from CLV and CRV<br \/>\n<\/b><\/p>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-babc64c elementor-widget-divider--view-line elementor-widget elementor-widget-divider\" data-id=\"babc64c\" data-element_type=\"widget\" data-widget_type=\"divider.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<div class=\"elementor-divider\">\n\t\t\t<span class=\"elementor-divider-separator\">\n\t\t\t\t\t\t<\/span>\n\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-e239090 elementor-widget elementor-widget-text-editor\" data-id=\"e239090\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<div class=\"vc_empty_space\">\n<div class=\"wpb_text_column wpb_content_element \">\n<div class=\"wpb_wrapper\">\n<p><span style=\"font-weight: 400;\">So, what must be done in order to increase referrals and word of mouth in future sales activities and maximize CRV?<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Let\u2019s think about this from a CRM (Customer Relationship Management) point of view.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Moving forward, for CRM, not only CLV<\/span> <span style=\"font-weight: 400;\">but also the maximization of CRV must be considered.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Firstly, to increase CLV, it is necessary to enhance CS, which produces referrals and word of mouth, leading to increased CRV.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Enhancing the \u201cSatisfied\u201d state, as illustrated in the Starbucks\u2019 example; creating an \u201cExtremely Satisfied\u201d state; and building customer relationships that easily lead to referrals and word of mouth are the conditions for CRV maximization. In doing so, the important things are as follows:<\/span><\/p>\n<ol>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Selection of customers who refer well<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Identification of the company\u2019s product or service characteristics that could lead to referrals<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Communication method and point of contact with potential referral customers<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">An organizational system that supports the standardization of new referral sales<\/span><\/li>\n<\/ol>\n<\/div>\n<\/div>\n<\/div>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-inner-section elementor-element elementor-element-9435e83 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"9435e83\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-inner-column elementor-element elementor-element-60423b3\" data-id=\"60423b3\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-b2212e8 elementor-widget elementor-widget-text-editor\" data-id=\"b2212e8\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p><b>Aging Japanese companies favor the maximization of CRV<\/b><b><\/b><\/p>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-384897d elementor-widget-divider--view-line elementor-widget elementor-widget-divider\" data-id=\"384897d\" data-element_type=\"widget\" data-widget_type=\"divider.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<div class=\"elementor-divider\">\n\t\t\t<span class=\"elementor-divider-separator\">\n\t\t\t\t\t\t<\/span>\n\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-eabb1ac elementor-widget elementor-widget-text-editor\" data-id=\"eabb1ac\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<div class=\"vc_empty_space\">\n<div class=\"wpb_text_column wpb_content_element \">\n<div class=\"wpb_wrapper\">\n<p><span style=\"font-weight: 400;\">In recent years, Japanese companies have started to become aging organizations, and this was even thought to be the reason behind the decline in sales activity in the country.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">However, for a sales strategy utilizing referrals and word of mouth, the aging of an organization could be beneficial. Even though aging sales organizations often lack the motivation to acquire new customers, they often possess better relationships with long-dealing existing customers compared to a sales organization with a younger population.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">This again proves that this customer asset can be utilized in referral sales.<\/span><\/p>\n<\/div>\n<\/div>\n<\/div>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-inner-section elementor-element elementor-element-97d8482 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"97d8482\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-inner-column elementor-element elementor-element-274535b\" data-id=\"274535b\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-6f7de5b elementor-widget elementor-widget-text-editor\" data-id=\"6f7de5b\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p><b>CRV maximization is an issue that should be applied to all business categories<\/b><b><br \/>\n<\/b><\/p>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-9ef0d7a elementor-widget-divider--view-line elementor-widget elementor-widget-divider\" data-id=\"9ef0d7a\" data-element_type=\"widget\" data-widget_type=\"divider.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<div class=\"elementor-divider\">\n\t\t\t<span class=\"elementor-divider-separator\">\n\t\t\t\t\t\t<\/span>\n\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-7a0a4f1 elementor-widget elementor-widget-text-editor\" data-id=\"7a0a4f1\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<div class=\"vc_empty_space\">\n<div class=\"wpb_text_column wpb_content_element \">\n<div class=\"wpb_wrapper\">\n<p><span style=\"font-weight: 400;\">Actually, there are companies in some business sectors that have already implemented CRV. From the B2C sector are real estate companies or car dealers and from B2B are system development or office equipment vendors.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">In other words, these are businesses that have low purchase frequency. In contrast, currently, businesses with high purchase frequency are known to focus only on CLV (Figure 9). However, a growth strategy focusing only on CLV faces a high probability of slow growth in a declining population and aging society.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Therefore, the promotion of CRV maximization in these businesses is also important for effective customer acquisition.<\/span><\/p>\n<\/div>\n<\/div>\n<\/div>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<div class=\"elementor-element elementor-element-a443ef1 elementor-widget elementor-widget-image\" data-id=\"a443ef1\" data-element_type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<img loading=\"lazy\" decoding=\"async\" width=\"800\" height=\"600\" src=\"https:\/\/libcon.co.th\/wp-content\/uploads\/2024\/04\/39-1024x768.jpeg\" class=\"attachment-large size-large wp-image-4482\" alt=\"\" srcset=\"https:\/\/libcon.co.th\/wp-content\/uploads\/2024\/04\/39-1024x768.jpeg 1024w, https:\/\/libcon.co.th\/wp-content\/uploads\/2024\/04\/39-300x225.jpeg 300w, https:\/\/libcon.co.th\/wp-content\/uploads\/2024\/04\/39-768x576.jpeg 768w, https:\/\/libcon.co.th\/wp-content\/uploads\/2024\/04\/39.jpeg 1200w\" sizes=\"(max-width: 800px) 100vw, 800px\" \/>\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<\/div>\n\t\t","protected":false},"excerpt":{"rendered":"<p>Referral Sales in Management Strategy Sales 1\/3 Amazon founder, Jeff Bezos, was quoted as saying the following on the changing trend of sales and marketing in the management strategy: \u201cThe balance of power is shifting toward consumers and away from companies. The right way to respond to this if you are a company is to [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":4480,"comment_status":"closed","ping_status":"open","sticky":false,"template":"elementor_header_footer","format":"standard","meta":{"footnotes":""},"categories":[33],"tags":[],"class_list":["post-4506","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-blog-en"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v24.4 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Referral Sales in Management Strategy Sales 1\/3 - LiB Consulting - \u0e43\u0e2b\u0e49\u0e04\u0e33\u0e1b\u0e23\u0e36\u0e01\u0e29\u0e32\u0e25\u0e39\u0e01\u0e04\u0e49\u0e32\u0e17\u0e35\u0e48\u0e21\u0e38\u0e48\u0e07\u0e40\u0e19\u0e49\u0e19\u0e01\u0e32\u0e23\u0e2a\u0e23\u0e49\u0e32\u0e07\u0e1c\u0e25\u0e25\u0e31\u0e1e\u0e18\u0e4c\u0e17\u0e31\u0e49\u0e07\u0e14\u0e49\u0e32\u0e19\u0e01\u0e25\u0e22\u0e38\u0e17\u0e18\u0e4c<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/libcon.co.th\/en\/referral-sales-in-management-strategy-sales-1-3\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Referral Sales in Management Strategy Sales 1\/3 - LiB Consulting - \u0e43\u0e2b\u0e49\u0e04\u0e33\u0e1b\u0e23\u0e36\u0e01\u0e29\u0e32\u0e25\u0e39\u0e01\u0e04\u0e49\u0e32\u0e17\u0e35\u0e48\u0e21\u0e38\u0e48\u0e07\u0e40\u0e19\u0e49\u0e19\u0e01\u0e32\u0e23\u0e2a\u0e23\u0e49\u0e32\u0e07\u0e1c\u0e25\u0e25\u0e31\u0e1e\u0e18\u0e4c\u0e17\u0e31\u0e49\u0e07\u0e14\u0e49\u0e32\u0e19\u0e01\u0e25\u0e22\u0e38\u0e17\u0e18\u0e4c\" \/>\n<meta property=\"og:description\" content=\"Referral Sales in Management Strategy Sales 1\/3 Amazon founder, Jeff Bezos, was quoted as saying the following on the changing trend of sales and marketing in the management strategy: \u201cThe balance of power is shifting toward consumers and away from companies. 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