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Effective Customer Relationship Management - How Emotion Drives Sustainable Success (Hardcover, New)
Loot Price: R2,467
Discovery Miles 24 670
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Effective Customer Relationship Management - How Emotion Drives Sustainable Success (Hardcover, New)
Expected to ship within 10 - 15 working days
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By 2005, companies worldwide had created a $76-billion customer
relationship management (CRM) software industry. These pioneers
strove to streamline their customer transactions and maximize
touchpoints over the lifecycle. On average, these dedicated,
innovative firms spent the better part of a year implementing
expensive CRM systems and renewing maintenance contracts. After all
this devotion, investment, and IT integration, how could it be that
up to 70% of CRM projects "fail to live up to expectations"? This
book investigates the reason for relationship marketing's failure,
and uncovers that this failure is not due solely to CRM IT
implementation and strategy problems. The failure to establish
long-term relationships with customers is because companies and
research have ignored the emotional-relational component of
developmental stages in human relationships. Relationship marketing
is incomplete unless it models the stuff of real interpersonal
relationships - developmental stages, trust, emotional mechanisms,
and deeply felt commitment. This thesis is supported most strongly
by the critical finding that emotions (rather than simply
transactions or other success factors) are the primary drivers of
stage progression. Therefore, traditional CRM software and, by
implication, the relationship marketing vision of the firm is
simply looking in the wrong place. The CRM technology itself tends
to obfuscate the naked realization and raison d'etre, as James
Autry profoundly mused, that "There is no business, there are only
people." The research in this book empirically maps the customer's
emotional-relational journey, so that marketing may be better able
to connect on an emotional level to "where customers are" in the
relationship stages to earn, not only commitment and profits, but
also relational well-being.
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