|
Books > Business & Economics > Business & management > Sales & marketing > Customer services
This volume explores the interconnection of social, political,
technological and economic challenges that impact consumer
relationships, new product launches and consumer interests.
Featuring contributions presented at the 2019 Academy of Marketing
Science (AMS) World Marketing Congress (WMC) held in Edinburgh,
Scotland, the theme of this proceedings draws from the Scottish
Enlightenment movement of the mid-Eighteenth Century, which
centered on ideas of liberty, progress and the scientific method.
The core values of this movement are being challenged by the
rapidly changing, globally shifting and digitally connected world.
The contributions presented in this volume reflect and reframe the
roles of marketers and marketing in incorporating and advancing the
ideas of the Scottish Enlightenment within contemporary marketing
theory and practice. Founded in 1971, the Academy of Marketing
Science is an international organization dedicated to promoting
timely explorations of phenomena related to the science of
marketing in theory, research, and practice. Among its services to
members and the community at large, the Academy offers conferences,
congresses, and symposia that attract delegates from around the
world. Presentations from these events are published in this
Proceedings series, which offers a comprehensive archive of volumes
reflecting the evolution of the field. The series deliver
cutting-edge research and insights, complementing the Academy's
flagship journals, the Journal of the Academy of Marketing Science
(JAMS) and AMS Review (AMSR). Volumes are edited by leading
scholars and practitioners across a wide range of subject areas in
marketing science.
The second volume of this research monograph describes a number of
applications of Artificial Intelligence in the field of Customer
Relationship Management with the focus of solving customer
problems. We design a system that tries to understand the customer
complaint, his mood, and what can be done to resolve an issue with
the product or service. To solve a customer problem efficiently, we
maintain a dialogue with the customer so that the problem can be
clarified and multiple ways to fix it can be sought. We introduce
dialogue management based on discourse analysis: a systematic
linguistic way to handle the thought process of the author of the
content to be delivered. We analyze user sentiments and personal
traits to tailor dialogue management to individual customers. We
also design a number of dialogue scenarios for CRM with replies
following certain patterns and propose virtual and social dialogues
for various modalities of communication with a customer. After we
learn to detect fake content, deception and hypocrisy, we examine
the domain of customer complaints. We simulate mental states,
attitudes and emotions of a complainant and try to predict his
behavior. Having suggested graph-based formal representations of
complaint scenarios, we machine-learn them to identify the best
action the customer support organization can chose to retain the
complainant as a customer.
Relationship management (RM) is an essential part of business, but
its success as a business model can be hard to measure, with some
firms embracing a model that is truly relationship-orientated,
while others claim to be relationship-orientated but in fact prefer
transactional short-term gain. This open access book aims to
develop a mid-range theory of relationship management, examining
truly relationship-orientated firms to discover not only what
qualities these firms have that make them successful at the RM
model, but also what benefits this model has for the firm. It
addresses questions like how RM-mature companies achieve and
sustain competitive advantage, and what determines the scale and
scope of these firms, illustrating with case studies. This book
will be of interest to scholars studying leadership and strategy,
especially those interested in relationship management, business
ethics and corporate social responsibility. It will also be of
interest to professionals looking to develop their understanding of
relationship management.
Customer-orientation, customer-centricity, and customer
relationship management (CRM) are not new concepts or practices.
But information technology has unleashed tremendous opportunities
in dealing with a customer and in creating value to the customer.
And yet the majority of CRM investments and initiatives fail
because firms do not have the appropriate orientation to serving
the customer. The principal aim of this book is to get the reader
to think about th firm and the way it conducts its business in a
certain way--with a customer focus.
It is now becoming clearly evident that all firms compete on
service. Providing superior service becomes a prerequisite for any
differentiation strategy to succeed. To provide superior service
for a competitive advantage requires a concrete understanding of
what service-orientation means. This orientation, in the form of
frame of mind, is essential for the firm to take advantage of
opportunities and to address the challenges so as to gain a
competitive advantage. For excellent service firms, the challenges
and opportunities in providing services are a constant endeavor.
For others, these challenges and opportunities are not that
obvious. A complementary aim of this book, therefore, is to instill
into the reader the principles of managing services.
This proceedings volume highlights the latest research presented at
the 8th International Conference on Research on National Brand
& Private Label Marketing (NB&PL2021). The topics covered
include: retailing, private label portfolio and assortment
management, marketing of premium store brands, using national
brands to exclude (delist) and include, optimal assortment size,
consumer store patronage, etc. Several contributions also focus on
private label pricing and promotion, especially on the relative
pricing of standard and premium private labels, and with regard to
the national brands in the assortment.
This book presents latest research on the evolution of consumer
services, as these services continue to become a larger part of the
economy in the world. Four core focal points lead the central
message of the book: first, theconvergence of back and front
offices; second, placing the client as a fundamental input of
services production and delivery process, and
'industrializing'thecustomers'roletocombineefficiencyand
experience; third, the constitution and role of inputs necessary
for the configuration, production and delivery of the service, with
the crucial roleof 'operationalizing' thecustomers' experience; and
fourth, the adoption of new technologies and the appropriate
transfer of manufacturing managerial practices through service
industrialization.
This is a special volume of articlesbased on solid research and
analysis, including conceptualization of the important issues, as
well as recommendations for managers. It presents case histories
and managerial practices in some key sectors, such as financial
services, health care, tourism/hospitality, entertainment and
media, online services and home and personal services
"
Social media has received considerable attention, and many
potential benefits, as well as concerns, are now being discussed.
This book explores how social media can successfully support
business processes in marketing, sales and service in the context
of customer relationship management (CRM). It presents the
fundamentals of Social CRM and shows how small and large companies
alike have implemented it. In turn, the book presents analytic and
operational software tools that offer features for enhancing and
streamlining interactions with customers. The book concludes with
an overview of essential design areas that businesses need to bear
in mind when introducing social media into their CRM strategies. In
this regard, it also points out key success factors, limitations,
and data protection aspects.
The ever-growing influence of the Internet has caused a paradigm
shift in relationships between customers and companies. New types
of interaction introduced by Web 1.0 have undergone a dramatic
change in quantity and quality with the advent of Web 2.0. Web 3.0,
better known as the Semantic Web, will also significantly impact
how companies understand Customer Relationship Management (CRM).
Customer Relationship Management and the Social and Semantic Web:
Enabling Cliens Conexus provides an overview of the field of the
Semantic Web, social Web, and CRM by uniting various research
studies from different subfields. Providing a forum for the
exchange of research ideas and practices, this book is a reference
convergence point for professionals, managers, and researchers in
the CRM field together with IT professionals. It also aims to
explore the opportunities and challenges confronting organizations
in the light of customers in Web 2.0 by using new technologies,
including semantic technologies (Web 3.0).
This book provides stimulating insights into the ways in which the
adoption of experience logic can revitalize marketing perspectives
and stimulate novel approaches to the creation and delivery of
value. The first part of the book, which has a theoretical focus,
reviews the international literature and offers conceptual
observations on the experiential perspective. Suggestions are made
on how experience logic can act as a new driver for the management
of marketing processes in firms within the context of the
experience economy. In the second part of the book, attention turns
to the applications of experience logic in different sectors,
including tourism, commerce, culture, and trade shows.
Company-specific examples of benefits of the experiential approach
are also explored in case studies on gift box providers, marketing
of traditional local products, and the cosmetics industry. The book
will be of particular interest for marketing specialists, but will
additionally be of value for managers in private companies and
public bodies who wish to enhance their marketing methods.
Engaging customers has become an effective strategy of marketers
for improving customer-brand relationships as customer engagement
is a perfect predictor of organic growth. Aggressive sales
promotions, advertising campaigns, rewards, discounts, and more may
attract a customer, but customer engagement creates an emotional
connection with the brands/firms/services, which drives customer
loyalty and long-term profitability. This has become much more
applicable and effective with the use of social media platforms and
the increased access of internet. Moreover, the implementation of
customer analytics to measure engagement activities has provided
marketers with more insights for improving services. Insights,
Innovation, and Analytics for Optimal Customer Engagement is an
advanced reference book that covers the latest emerging research in
customer engagement and includes underlying theories, innovative
methods, a review of existing literature, engagement analytics, and
insights for marketers with reference to customer engagement. The
book covers various product categories, industries, and sectors
that are working to engage customers in inventive and creative
ways. This book is a comprehensive reference tool for marketers,
brand managers, social media specialists, advertisers, managers,
executives, academicians, researchers, practitioners, and students
interested in gaining comprehensive knowledge about customer
engagement and the latest advancements in the field.
Digital Sales Transformation is about selling in a digitally
transformed world. It changes how you sell and engage with your
customer. Defining a Digital Sales Transformation blueprint to
guide sales organizations to respond to this disruption as they
struggle to catch up to their more digitally advanced customers is
this book's core theme. Digital Sales Transformation in a Customer
First World will be your constant companion as your execute your
Digital Sales Transformation strategy. At over 500 pages, it is
packed with actionable knowledge as a blueprint for your journey.
It guides you to define your Ideal Customer Profile, to Understand
the Customer's Business, to Build, Elevate and Expand
Relationships, and how to Create and Communicate Value. It includes
a framework to build an effective Executive Sponsor Program, to
execute Account Based Marketing, and describes the role of
Artificial Intelligence in enterprise B2B sales. It sets out
Strategy, Sales Execution, and Sales Management methods for Sales
Process, Opportunity Management, Account Management and overall
Sales Team Performance Management, and it describes the technology
to use in each case.
Lucas' top-selling and award-winning Customer Service 8e has been
revised to reflect the demands of customer service today. Chapters
are divided into three parts, focused on key aspects of customer
service: 1) The Profession 2) Skills for Success, and 3) Building
and Maintaining Relationships, and Retaining Customers. Throughout
the text, readers discover tips for implementing proven customer
service strategies, case scenarios, and activities to help apply
concepts to real-world situations. Customer Service 8e addresses
many market changes such as the impact of the COVID-19 pandemic,
working in remote teams and greater focus on customers with
disabilities with featuring several companies such as Amazon,
Target, American Express and Chipotle. Students will practice
putting concepts into action through our integration digital
learning platform, Connect. Connect provides revised case analyses
that challenge students to apply what they've learned to real-world
scenarios featuring companies such as Zappos, Ben & Jerry's,
and Southwest Airlines. Additionally, Connect has role-playing
application-based activities to help students demonstrate
understanding of the key elements that will make customer
interactions more successful and revised Language Toolkits geared
toward helping students develop an understanding of key terms.
Bringing together theoretical and empirical studies from the
Journal of Information Technology, this book provides a definitive
guide to research discovered on the growing global sourcing
phenomenon. Paying particular attention to Information Technology
Outsourcing (ITO) and Business Process Outsourcing (BPO),
theoretical chapters explore insightful ways of thinking about the
different facets of outsourcing, and provide useful information to
practitioners and researchers. Empirical chapters report the
findings of 405 major research studies into the risks and successes
of relationships between customer and vendor, the development of
trust in these relationships, the factors affecting locations for
offshoring, and specialized offshoring organizations such as
captive centres. In this comprehensive study, the editors present
an expert review of the historical development of this field, and
offer analysis of emerging findings and practices for the future.
Positive consumerism is the backbone to a strong economy. Examining
the relationship between culture and marketing can provide
companies with the data they need to expand their reach and
increase their profits. Global Observations of the Influence of
Culture on Consumer Buying Behavior is an in-depth, scholarly
resource that discusses how marketing practices can be influenced
by cultural preferences. Featuring an array of relevant topics
including societal environments, cultural stereotyping, brand
loyalty, and marketing semiotics, this publication is ideal for
CEOs, business managers, professionals, and researchers that are
interested in studying alternative factors that impact the
marketing field.
'CRM Systems in Industrial Companies' contributes new knowledge on
customer relationship management (CRM) in the field of industrial
marketing. Based on an in-depth case study, this book highlights
the complexity and challenges in the development, implementation
and use of CRM. The volume proposes an alternative
conceptualization of CRM: relying on the industrial marketing and
purchasing (IMP) perspective, CRM becomes a socio-technical
'resource' which needs to be connected to the other resources
before it can create effects on customer relationships.
This book presents the Recommender System for Improving Customer
Loyalty. New and innovative products have begun appearing from a
wide variety of countries, which has increased the need to improve
the customer experience. When a customer spends hundreds of
thousands of dollars on a piece of equipment, keeping it running
efficiently is critical to achieving the desired return on
investment. Moreover, managers have discovered that delivering a
better customer experience pays off in a number of ways. A study of
publicly traded companies conducted by Watermark Consulting found
that from 2007 to 2013, companies with a better customer service
generated a total return to shareholders that was 26 points higher
than the S&P 500. This is only one of many studies that
illustrate the measurable value of providing a better service
experience. The Recommender System presented here addresses several
important issues. (1) It provides a decision framework to help
managers determine which actions are likely to have the greatest
impact on the Net Promoter Score. (2) The results are based on
multiple clients. The data mining techniques employed in the
Recommender System allow users to "learn" from the experiences of
others, without sharing proprietary information. This dramatically
enhances the power of the system. (3) It supplements traditional
text mining options. Text mining can be used to identify the
frequency with which topics are mentioned, and the sentiment
associated with a given topic. The Recommender System allows users
to view specific, anonymous comments associated with actual
customers. Studying these comments can provide highly accurate
insights into the steps that can be taken to improve the customer
experience. (4) Lastly, the system provides a sensitivity analysis
feature. In some cases, certain actions can be more easily
implemented than others. The Recommender System allows managers to
"weigh" these actions and determine which ones would have a greater
impact.
In today's global economy, social media and technological advances
have changed the way businesses interact with their clientele. With
new forms of communication and IT practices, companies seek
innovative practices for maintaining their consumer loyalty.
Customer Relationship Management Strategies in the Digital Era
blends the literature from the fields of marketing and information
technology in an effort to examine the effect that technological
advances have on the interaction between companies and their
customers Through chapters and case studies, this publication
discusses the importance of achieving competitive advantage through
implementing relationship marketing practices and becoming
consumer-centric. This publication is an essential reference source
for researchers, professionals, managers, and upper level students
interested in understanding customer loyalty in a
technology-focused society.
Customer focus is the most important challenge of the future.
Providing good customer service depends on how well companies know
their customers and clearly identify their needs. Availability of
customer knowledge, which is knowledge from, for and about the
customer, thus becomes crucial in offering customized products or
services. This can be gained most efficiently from direct
interaction with customers, but requires the use of interpersonal
and organizational soft skills. This book presents the
interrelationship between customer knowledge management, customer
focus and soft skills and also provides concrete advice on how the
management of customer knowledge can be optimized.
|
|