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Open AccessJournal ArticleDOI

The Model of Creation of Customer Relationship Management (CRM) System

TLDR
In this article, the authors analyze client relation management system by disclosing the role and place of relation marketing in formation of CRM theoretical foundations and reveal the support of customers' (organisations or individual persons) and supplier's (industrial organisations or service organisations) relationship based on trust, cooperation, power distribution, communication, commitment, dependence and other features as well as the development of customers loyalty.
Abstract
The article analyses client relation management system by disclosing the role and place of relation marketing in formation of CRM theoretical foundations. It reveals the support of customers’ (organisations or individual persons) and supplier’s (industrial organisations or service organisations) relationship based on trust, cooperation, power distribution, communication, commitment, dependence and other features as well as the development of customers’ loyalty. The application of relationship marketing theory (model) in the narrower CRM conception is simply inevitable because customer relationship management cannot be only the illustration of the relationship, it is more important to perceive relationship management and development. The system of customer relationship management is presented as the system that integrates management of customers’ groups, establishment and management of marketing companies by indicating the benefit of CRM system for customers and enterprise’s employees. CRM – is everything what it is related to satisfaction of customer’s needs. What actions are needed to start creating the CRM system? It is necessary to start from the review of the following questions: what and how you are ready to present to your customers, what they expect from you and more than expect. Only afterwards it is necessary to choose necessary technologies, which can help you. The article analyses variants of CRM management system creation by reviewing different models of CRM creation, the analysis of which allowed envisaging typical elements of CRM model formation or stages of implementation process. Comparative analysis, inductive method was applied for the review and analysis of CRM models. The formed CRM implementation model integrates the elements of creation, strategy and implementation, which allowed to prepare the structured model.

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Customer loyalty approach based on CRM for SMEs

TL;DR: In this paper, a customer loyalty approach for small and medium-sized enterprises (SMEs) in the service sector, based on customer relationship management (CRM), is proposed.
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A unified definition of CRM towards the successful adoption and implementation

TL;DR: Content-analysis is carried out to find out the main and most important facets of CRM definition from the existing literatures in the fields of marketing, management, and information system.
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Customer relationship management systems and organizational performance: Quantitative evidence from the Jordanian telecommunication industry

TL;DR: In this article, the authors investigated the role of customer relationship management systems (CRMS) on Jordanian telecommunication companies' performance and developed conceptual model that links CRMS and telecommunication networks.
References
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Journal ArticleDOI

The Commitment-Trust Theory of Relationship Marketing

TL;DR: Relationship marketing, established, developing, and maintaining successful relational exchanges, constitutes a major shift in marketing theory and practice as mentioned in this paper, after conceptualizing relationship relationships as a set of relationships.
Book

Service Management and Marketing: A Customer Relationship Management Approach

TL;DR: In this paper, the authors present the Six Rules of Service Management and the six principles of service management for managing relationships in a market-oriented organization: Structure, Resources and Service Processes.
Journal ArticleDOI

An Integrated Model of Buyer-Seller Relationships:

TL;DR: In this paper, a five-stage framework integrates the constructs most often examined in empirical relationship research with the stages of relationship development (partner selection, defining purpose, setting relationship value, and relationship maintenance).
Book

Strategy Maps: Converting Intangible Assets into Tangible Outcomes

TL;DR: In this paper, the authors present a strategy map for aligning intangible assets to enterprise strategy and planning the campaign, which is based on the Strategy Map to Strategy Map (SMSM) framework.
Book

The Loyalty Effect

TL;DR: The authors of as mentioned in this paper argue that a business fails when its defections-customer, employee and investor reach critical proportions, when these same three populations develop a loyalty, each in their own ways, to the company.
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