Customer Relationship Management (CRM), Customer Satisfaction and Customer Lifetime Value in Retail
Customer Relationship Management (CRM), Customer Satisfaction and Customer Lifetime Value in Retail
复制标题
零售业的客户关系管理 (CRM)、客户满意度和客户终身价值
DOI:
10.20968/rpm/2017/v15/i2/163914
复制
发表时间:
2017
期刊:
影响因子:
--
通讯作者:
Dimple Kaul
中科院分区:
文献类型:
--
作者:
Dimple Kaul
The aim of this research paper is to understand how CRM affects customer satisfaction and ultimately Customer Lifetime Value (CLV) in retail industry. CRM is considered as an approach to manage customer relationships and other technological factors are not taken into consideration. The purpose of this study is to explore the impact of CRM on Customer Lifetime Value (CLV) as it is focused in various studies. CLV is an important issue for the retailer in the competitive environment. Issues for the Management are creating CLV and customer satisfaction for both the customer retention and repeat purchase as well as expanding customer base through word of mouth apraisals. A literature review in this field has been carried out to develop a conceptual model and draw conclusion. This review first looks into literature that deals with CRM and then dwells in literature on Customer satisfaction and how to manage repeat purchases through customer satisfaction management.