▪ Tunnel vision:
they focus solely on transactions, view the
lifetime value of a customer relationship as the
arithmetic sum of the transactions they conducts
with that client.
▪ They don't really
seek to build relationships with the client,
thus diminishing
synergies that come into play when enduring
relationships are built and nurtured.
▪ They forfeit the
opportunities for gaining referrals, generating
word of mouth, cross-selling, and building
barriers to competitive encroachment.