Abstract

This paper proposes that the consumer perspective has been overlooked in implementing Customer Relationship Marketing (CRM). Examples are given of how firms have ignored the consumer side of the CRM promise, misused customer data and failed to recognize and act upon the strategic implications of CRM. Correcting this is critical as firms move forward with data-driven marketing, in the light of the movement towards consumer empowerment. The paper explains how companies can use customer data to fulfil the neglected customer service promise and lighten the burden on consumers caused by excess marketing pressure while increasing profits.

Talk to us

Join us for a 30 min session where you can share your feedback and ask us any queries you have

Schedule a call

Disclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.