Customer Relationship Management and Business Driven Technology
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Adoption of strategies does not guarantee business survival in the world's digital economies, but using the right business model in a particular market environment is the key. Customer relationship in business-to-business (B2B) e-commerce has changed paradigms from the 4Ps of marketing to relationship marketing. New customer relationship management (CRM) paradigms promote strategic alliance, social relations, database management, product development and brand loyalty. Focus is therefore shifting to business-to-customer (B2C) strategies and customer-to-customer (C2C) relationships in the global e-CRM market, highlighting the crucial importance of gathering data from social media platforms, company websites, keyword searches, and other channels (e.g., sales representatives, distributors, and call centres).
This book examined value imperatives that can transform businesses of all sizes, from large corporations to small- and medium-sized enterprises. CRM systems and/or solutions are not only applicable in the technology or e-commerce sectors, but in all types of industries and business sectors. CRM applications are designed to (a) boost logistics (b) foster long-term relationship with customers (c) harmonize communication channels (iv) strengthen brand image, cost, and capital structures, and (vi) facilitate value-added transactions. In this well researched masterpiece, you'll find detailed explanations on how business managers can leverage relationship marketing and e-CRM to foster win-win relationships across the value chain and create sustainable competitive advantage. You'll also learn more about:• Author(s): Clear | James • Publisher: Penguin • Publisher Imprint: Penguin Random House • Subject: General Books
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