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Relationship management and customer base formation

ISSUE 7, JULY 2025

Received: 13 March 2025

Accepted: 5 May 2025

Available online: 30 July 2025

Subject Heading: BUSINESS VALUE

JEL Classification: D20, M31

Pages: 34-51

https://doi.org/10.24891/fwvyxx

Eduard V. KHLYNIN Tula State University (TulSU), Tula, Russian Federation
hklynin@yandex.ru

https://orcid.org/0009-0000-4994-4297

Natal’ya I. KOROVKINA Corresponding author, Tula State University (TulSU), Tula, Russian Federation
korovkina-n-i@yandex.ru

https://orcid.org/0000-0002-3057-174X

Aleksandr S. VASIN Federal Treasury, Moscow, Russian Federation
vasin_as@mail.ru

ORCID id: not available

Elena V. BYKOVSKAYA Tambov State Technical University (TSTU), Tambov, Russian Federation
elenarafa@yandex.ru

ORCID id: not available

Subject. The article discusses customer relationship management and customer base formation.
Objectives. The study aims to develop theoretical provisions to implement a customer-oriented approach for increasing the efficiency of the company, to obtain practical results from the customer-oriented approach.
Methods. We employed analysis and synthesis, comparison and grouping methods.
Results. We developed theoretical provisions and offered methodological recommendations to determine the specifics of managing customer relationships and forming a customer base under the customer-oriented approach. The paper presents an algorithm of forming the company’s customer base and achieving its optimal structure.
Conclusions. The study underpinned the application of the customer-oriented approach to create the company’s customer base considering the stages of customer lifecycle, unveiled the interrelation of customer lifecycle during the customer base formation using the customer-oriented approach.

Keywords: management, customer, customer-oriented approach, customer lifecycle, customer base

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