academicians and practitioners‚ customer relationship management (CRM) remains a huge investment with little measured payback. Intuition suggests that increased management of customer relationships should improve business performance‚ but this intuition has only inconsistent empirical or real world support. To remedy this situation‚ this study identifies a core group of expected CRM benefits and examines their ability to increase a firm ’s value equity‚ brand equity and relationship equity which are
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3(5) :3-8 (in Chinese) [2]. Yu HengXin‚ Li RuiQin. (2004)Study on EC Model of a Commercial Enterprise‚ Information Science‚ 2004‚ (11) :1400-1403 (in Chinese) [3]. Li Feng‚ Gu Yong Kang. (2001)The Development And Strategies Of E-Commerce In China ’s‚ Journal of Hohai University(Social Sciences)‚ (3):43-47 (in Chinese) [4]. Luolin. (2002)cost-efficiency analysis of information system‚ Wuhan University journal‚ (6):30-35(in Chinese) [5]. Huangshengren‚ Maxiaochun‚ Luoyun(2001). Economic Performance
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ndia’s Media and Entertainment: Introduction The Media and Entertainment (M&E) industry is one of the fastest growing sectors in India. The industry primarily involves the creation‚ aggregation and distribution of content‚ products and services‚ news and information‚ advertising and entertainment through various channels and platforms such as Television‚ Print‚ Radio‚ and Films. Poised to grow at a compounded rate of 14 per cent to touch US$ 28 billion by 2015‚ the sector registered a growth
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Operational CRM simply defined are systems and processes that support the “front office” daily operations that focus solely on the customer base of an organization or entity (Baltzan & Philips‚ 2010). Increasing competition and decreasing customer loyalty have led to the emergence of concepts that focus on the nurturing of customer relationships (Henning‚ et al. 2003). With Operational CRM systems one can improve the efficiency of CRM business processes and comprise solutions for sales force
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Abstract The purpose of this report is to provide an understanding about Customer Relationship Management (CRM) and the reason why it is considered as an evolutionary breakthrough in today’s business world. To add further‚ this covers the importance of customer relationship management with respect to customer service and loyalty which results in profitability to a company in the long run. It also explains the development of the company’s vision to increase profits with the help of technology‚ people
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Sources and Forms of Entertainment and Their Impact on Society In Life the Movie: How Entertainment Conquered Reality‚ Neal Gabler describes entertainment as having no moral‚ physical‚ or mental benefits to the success of society other than bringing temporary happiness. Through forms of entertainment‚ especially ones created in the last century‚ this viewpoint is strongly evident. However many forms of entertainment stimulate and progress society. Entertainment brings a greater feeling of happiness
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Customer Relationship Management or CRM is a strategy and processes used to learn more about customers’ needs and behaviors in order to develop stronger relationships with them. Today marketers consider retaining of customers as much more challenging job than acquiring customers in context of growing competitive forces. The traditional transactional approach of marketing became insufficient to achieve the marketing goals. The focus of transactional marketing is on individual transaction and doesnât
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Entertainment is something that holds the attention and interest of an audience‚ or gives pleasure and delight. It can be an idea or a task‚ but is more likely to be one of the activities or events that have developed over thousands of years specifically for the purpose of keeping an audience’s attention.[1] Although people’s attention is held by different things‚ because individuals have different preferences in entertainment‚ most forms are recognisable and familiar. Storytelling‚ music‚ drama
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Marketing Mix The primary marketing concerns today have most of the apprehensions about building the 4ps rather four pillars of marketing. A successful mix of the right product sold at the right place in the right time using the most suitable promotion is vital for marketing. It serves as a link between the firm and its customers. “Deriving benefit out of the various elements of the mix‚ linking them all together in a balanced format is the marketing focus today.” (Ferrel‚ 2008) The 4ps
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relationship management (CRM) 4. Features of CRM 5. Perspectives of CRM 6. Customer relationship measurement 7. Types of CRM systems 8. Scope of CRM 9. CRM business cycle 10. Components of CRM 11. CRM software’s 12. CRM and marketing 13. Six market framework 14. Work flow of CRM 15. Process of CRM 16. Reasons for adopting CRM : The Business Drivers 17. Principles of CRM 18. Myths of CRM 19. Use of technology in CRM 20. CRM leaders 21.
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