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Spotlight on the factors impacting customer satisfaction in offline shopping : A quantitative studyBurch, Isabel, Lu, Bofei, Ren, Yihui January 2023 (has links)
Background: Customers find great psychological satisfaction and pleasure when shopping. Customer satisfaction is crucial for a business's success, and increasing it will strengthenfinancial performance and competitiveness. Offline shopping still dominates the customersindustry, although customers are increasingly choosing online shopping as a result offast-growing technological developments in society. However, physical experiences shouldnot be left behind due to customer’s satisfaction from the instant gratification they desire. Purpose: The purpose of this paper is to explain how customer perceived value, customerexpectations, and touch experience have an impact on customer satisfaction in an offlineshopping context. Methodology: This research is conducted through a deductive and quantitative approach,which has an explanatory aim. Three hypotheses have been deducted from theoreticalconcepts found from previous research. The data collection method was collected through aninternet-based, self-completion questionnaire, to see if the hypotheses were supported or not.A total of 105 respondents participated in the study. Findings: The findings indicate that customer perceived value H1, which explains a positiveimpact on customer satisfaction in the context of offline shopping, cannot be supported due tostatistical insignificance. Customer expectation, as presented through H2, and touchexperience, as presented through H3, were found to have a statistically significant andpositive impact on customer satisfaction. The conceptual model was revised in this studybased on the new findings, retaining the acceptable assumptions as the new model. Conclusion: In offline shopping, the positive impact of customer expectation on customersatisfaction is the most obvious, followed by the touch experience. Customer perceived valuehas no positive impact on customer satisfaction, and the reason for this situation may be thatthe perceived value of customers differs among different consumption levels.
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Customer journey in B2B SaaS business modelsOpanasenko, Mariia January 2017 (has links)
In this paper customer journey for B2B SaaS business models was analyzed to study customer experience, customer success and its key performance indicators. The research method is the case study of Supplier Relationship Management SaaS solution provider. In recent years, the research in customer journey management identified the tendency of acknowledge customer journey as a differentiator and a competitive advantage. Customer journey is a complex process that entails structured customer experience/success measurement system. There is no standard approach or method that provides standardized set of metrics to be applied for every journey. For SaaS solutions term “customer success” is relevant to customer experience with the solution and an indicator of customer loyalty. The purpose of the research is investigation of B2B SaaS business model and definition of key performance indicators of customer success. The case study aims to open a framework for discussion what is customer success in B2B SaaS solutions, when does it appear, and how a company influences and ensures customer success. / I den här rapporten analyserades kundresan för B2B SaaS affärsmodeller för att studerakundupplevelsen, "customer success" och dess viktigaste resultatindikatorer. Forskningsmetoden ärfallstudien för Supplier Relationship Management SaaS lösning.Under de senaste åren har forskningen inom kundresa identifierat tendensen att erkänna kundresansom en differentiering och en konkurrensfördel. Kundresan är en komplex process som innebär ettstrukturerat kundupplevelse- och framgångsmätningssystem. Det finns ingen standardmetod ellermetod som ger standardiserade uppsättningar av mätvärden som ska tillämpas för varje resa. För SaaSlösningen är termen "customer success" relevant för kundupplevelsen med lösningen som en indikator på kundlojalitet.Syftet med forskningen är att utreda B2B SaaS affärsmodell och definition av viktiga resultatindikatorer för "customer success". Fallstudien syftar till att öppna en ram för diskussion vad är "customer success" i B2B SaaS-lösningar, när det verkar och hur ett företag påverkar och säkerställer "customer success".
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SYSTEMATIC ANALUSIS OF DEPLOYING ARTIFICIAL INTELLIGENCE TECHNOLOGY IN RETAIL SECTOR FOR IMPROVING CUSTOMER SUPPORT AND REVENUE GROWTHGARG, NITIN, SOLANKI, SUMEET January 2023 (has links)
Over the last decade, retailing has been shifted to online eras of selling. And in order toidentify the needs of customers companies are using several tools and AI is one of them.AI is used as most prominent and most reliable tool to find out the needs andrequirements of the customers.This thesis will also try to find out the gaps which are not specified or developed inprevious researches like how AI is being used in retailing effectively and how it is beingapplied in retailing for customer segmentation and customer satisfaction.This draft will try to find out the solutions mostly by using qualitative data. And will tryto find out the best possible way to use AI in retailing.This thesis will also try to find out the rolls which chatboat assistance is playing andwill also try to find out how chatboat assistance is working and how it is trying to findout the needs and requirements of the consumers.After reading this paper draft readers will come to know, how AI is changing theconcept of retail marketing with extended customer support and how customers arebeing segmented with the help of AI.This draft will be helpful for the new entities entering in Digital marketing. Afterreading this draft they will come to know the concept of AI in retailing with targetcustomer base work.
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Destination ‘e’: Detecting and Managing Customer Uncertainty in a Forced Migration Initiative Within a Business-to-Business MarketRotte, Kristin N. 15 September 2002 (has links)
No description available.
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Customer Experience In The Age Of Artificial Intelligence : A qualitative study on the impact of Artificial Intelligence on Digital Customer Experiences in Swedish retailAlnasar, Afaf, Dautaj, Doruntina, Gallardo Naeslund, Maja January 2024 (has links)
Research question: How do AI solutions influence digital customer experiences in Swedish retail companies? Purpose: This study explores how AI technologies affect customer experiences in Swedish retail by interviewing customers about their perceptions and interactions. The goal is to better understand these experiences and improve how AI is integrated into retail customer relationship management. Method: This study used qualitative research to explore how AI affects digital customer experiences in Swedish retail. By conducting semi-structured interviews and analyzing podcasts, it gathers detailed insights into customer perceptions and industry trends. With a goal to gain a thorough understanding of AI's role in improving digital retail experiences. Conclusion: AI solutions impact digital customer experiences in Swedish retail in various ways. They improve convenience and personalization but also create concerns about impersonality and data privacy. To get the most out of AI and build customer trust, it is important to balance technological effectiveness with a human-centric approach.
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Boat insurance from the customer’s perspective : - A study on what aspects private policyholders value most in Swedish insurance companies.Nouri, Divina January 2015 (has links)
People play a major role in the marketing of services, due to the fact services are intangible, and customers look for ways to determine the quality of services. Since services differ from physical goods, service providers need to understand how they affect their organizations. Furthermore, the criterion for satisfaction is different and the customer participates in the process, hence the interest to study this more thoroughly.
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Managing customer for value in catering industry (fast food) in Hong Kong.January 2003 (has links)
by Tam Wing-Yi, Yung Nga-Lai Anna. / Thesis (M.B.A.)--Chinese University of Hong Kong, 2003. / Includes bibliographical references (leaves 88-90). / ABSTRACT --- p.i / TABLE OF CONTENTS --- p.ii / LIST OF CHARTS --- p.v / LIST OF FIGURES --- p.v / CHAPTER / Chapter I. --- INTRODUCTION --- p.1 / Chapter II. --- THE BUSINESS ENVIRONMENT OF CATERING INDUSTRY --- p.3 / Demographic Environment --- p.4 / Economic Environment --- p.5 / Social-cultural Environment --- p.7 / Chapter III. --- THE INDUSTRY ENVIRONMENT OF CATERING MARKET IN HONG KONG --- p.8 / Rivalry among Competing Firms in Industry --- p.9 / Cafe de Coral --- p.9 / Fairwood Holdings --- p.10 / Maxim's Group --- p.11 / Local small individual fast food restaurants --- p.11 / McDonald's --- p.12 / Kentucky Fried Chicken --- p.13 / Delifrance --- p.13 / Threats of New entrance --- p.14 / Bargaining Power of Customers --- p.14 / Threats of Substitutes --- p.16 / Influence of Stakeholder --- p.17 / Comments from nutrition specialists --- p.18 / Government regulations --- p.18 / Environmentalists --- p.19 / Bargaining Power of Suppliers --- p.20 / Summary of the analysis on Industry Environment --- p.21 / Chapter IV. --- THE EXISTING CUSTOMER RELATIONSHIP MANAGMENT IN FAST FOOD INDUSTRY --- p.23 / The current role of CRM in fast food industry in Hong Kong --- p.24 / Chapter V. --- CUSTOMER SURVEY --- p.27 / Positioning of fast food restaurants ranked by customers --- p.28 / Customers' consumption behaviours --- p.29 / Number of visits --- p.30 / Factors influencing the choice --- p.30 / Factors creating negative experience --- p.37 / Summary of results --- p.40 / Chapter VI. --- RECOMMENDATION ON IMPLEMENTING CRM IN FAST FOOD INDUSTRY --- p.41 / Consideration of Implementing CRM --- p.41 / Define the objective --- p.43 / Define the customer --- p.44 / Design of the CRM business model in the business operation --- p.45 / Implementation and Training --- p.47 / Data collecting from customers --- p.48 / Data Analysis for Branch Control --- p.50 / Data Transfer to Suppliers --- p.51 / Data Flow to Financials and Accounting --- p.51 / Data used by Sales and Marketing --- p.52 / Data Analysis for Procurement and Inventory Control --- p.52 / Staff Arrangement --- p.53 / "Measure Results, Maintain and Operate " --- p.53 / Chapter VII. --- THE IMPORTANCE OF CRM TO THE FAST FOOD INDUSTRY --- p.55 / Winning in the Competition --- p.56 / Easy to define target customers --- p.58 / Retain Loyal Customers and Attract New Customers --- p.59 / Improve Customer Service --- p.60 / Improved marketing and cross-selling effectiveness --- p.60 / Improve brand / corporate image --- p.61 / Utilization of resources --- p.62 / Coordination with external parties --- p.63 / Facilitate of internal operation --- p.63 / Chapter VIII. --- THE REASON FOR LOW USAGE OF CRM IN THE INDUSTRY --- p.65 / Chapter IX. --- CONCLUSION --- p.68 / APPENDIXES --- p.69 / Appendix 1 Exhibit 1 : The statistics of restaurant receipts & purchase for 2Q 2002 --- p.69 / Appendix 2 Exhibit 2: The movement of total restaurant receipts 2Q 2002 --- p.69 / Appendix 3 Exhibit 3: The GDP of Hong Kong from (2001 -2002) --- p.70 / Appendix 4 Exhibit 4: The Employment distribution --- p.70 / Appendix 5 Exhibit 5: The population structure in year 2001 --- p.70 / Appendix 6 Exhibit 6: The 5-Year Financial Summary of Cafe De Coral --- p.71 / Appendix 7 The English and Chinese version of the questionnaire --- p.73 / Appendix 8 Results of the survey: Part 1 --- p.79 / Appendix 9 Results of the survey: Part II --- p.80 / Appendix 10 Results of the survey: Part III --- p.85 / Appendix 11 Results of the survey: Implication --- p.87 / BIBLIOGRAPHY --- p.88
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Utveckling av kundrelationer på LänsförsäkringarMazmanian, Joseph, Babakhanlo, Arbi January 2010 (has links)
<p><strong>Syfte: </strong>Syftet med denna uppsats är att illustrera vilka faktorer som påverkar kundrelationer och hur ett företag bör gå tillväga för att förbättra dessa samt för att bevara sina kunder. Vi vill ge en illustration på hur en välorganiserad kundrelation kan framkallas. Uppsatsen är även en undersökning som kommer att framhäva Länsförsäkringarnas varianter av strategier och metoder inom kundrelation, detta kommer även att baseras ur kundens perspektiv. Det vitalaste kommer att handla om hur Länsförsäkringarna kan förbättra och utveckla detta.</p><p> </p><p><strong>Metod: </strong>Vi valde att använda oss av primärdata för att öka trovärdigheten genom enkätundersökning och intervjuer, våra sekundärdata användes för att ge stöd till den primäradatan med författares och forskares teorier. Sedan jämförde vi resultatet från intervjuerna och enkätundersökningen med vad teoretikerna anser för att se om det överensstämmer med resultatet.</p><p> </p><p><strong>Resultat & slutsats: </strong>Vi tycker att det har varit ett intresseväckande arbete att följa Länsförsäkringarnas tillvägagånssätt om hur de bemöter kunderna och relationen till dem. Verksamheten är ledande inom försäkringar men befinner sig i en konkurrenskraftig marknad. Därför är det viktigt att omhänderta sina kunder, särskilt de kunder som idag är missnöjda och som troligtvis inte har orkat byta försäkringsbolag. Det är dessa kunder som kan föra vidare det dåliga ryktet om företaget till nya potentiella kunder. Vi anser att företaget har en bristande kundrelation, detta har bekräftats med empiriska studier och med den sekundäradata.</p><p><strong>Förslag till fortsatt forskning: </strong>Det finns många aspekter att analysera, som exempelvis; en djupgående studie om hur CRM implementeras och används av konkurrenterna (IF, Trygghansa och Folksam) samt i jämförelse med Länsförsäkringarna.</p><p> </p><p><strong>Uppsatsens bidrag:</strong> Detta arbete ger en verklighetssyn av Länsförsäkringarnas relationer till sina kunder och hur företaget skall förbättra detta samt utveckla personalens kompetens inom det berörda området.</p><p><strong> </strong></p><p><strong>Nyckelord och förkortningar: </strong>Lf = Länsförsäkringarna, Rm= Relationsmarknadsföring, Crm= Customer relationship management, Rm-tåget= Relationsmarknadsföringståget,</p><p>E-CRM= Electronic customer relationship management, Kundnöjdhet, Kundrelationer, Kundlojalitet</p> / <p><strong>Aim:</strong> The purpose of this essay is to ilustrate factors which influence customer relationship and how companies should improve and retain their customers.We want to show how an organized customer relationship can evoke. This essay is also an investigation which will bring out different variations of strategies and methods of customer relationship. This will also base on the customer experience. The most important thing is that the essay will give the readers answers on how the company Länsförsäkringarna can develop these strategies.</p><p><strong> </strong></p><p><strong>Method:</strong> We have chosen to use Primary data to increase the reliability threw interviews and questionnaire examination.We also used secondary data to provide support to the primary data.We compered the results from the interviews and questionnaire examination with professors and authors teories</p><p><strong> </strong></p><p><strong>Result and Conclusions</strong></p><p>We think that it has been an intresting work to follow Länsförsäkringarna strategies on how they aproach the customers and their relationship with them. Länsförsäkringarna are leaders in their business in insurance but their position in the market is very competitive. Therefore it is very important to take a good care of the cutomers, especially the customers who are not satisfied and don’t care to change to another incuranse company. They will surtenly spread a bad reputation about Länsförsäkringarna threw word of mouth to the new potential customers. In our opinion we think that Länsförsäkringarna have a bad relation to their customers and that have been confirmed by our empirical studies and with the help of secondary data.</p><p><strong> </strong></p><p><strong>Sugestion of future research </strong></p><p>There are many aspects to analyze, for example a deep going study about how to implement CRM and how it is used by competetors of Länsförsäkringarna, and also to compare the study with Länsförsäkringarna.</p><p> </p><p><strong>Contribution of the thesis</strong></p><p>This work gives a realitypicture of Länförsäkringarna:s relations to their customers and how the company shall develop their staff competence in customer relationship management.</p><p> </p><p><strong>Key words</strong></p><p>Lf = Länsförsäkringarna, Rm= Relationship marketing, Crm= Customer relationship management, Rm-tåget= Relationshipmarketing train,</p><p>E-CRM= Electronic customer relationship management, Customer satisfaction, Customer relationship, Customer loyalty</p>
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Luxury Customer Relationship Management : Customer loyalty through a luxury perspective / Luxury Customer Relationship Management : kundlojalitet ur ett lyxperspektivLönnevik, Helena, Piedra, Fiorella January 2011 (has links)
Bakgrund och problemdiskussion: Lyxvarumärkesföretag har börjat undersöka implementering av en strategi som erbjuder livslångt kundvärde. De har även visat intresse som tyder på att de vill tillämpa CRM-policys men är osäkra till hur stor del den går att tillämpa inom lyxindustrin. Vi har med inspiration från artikeln ”Is CRM for Luxury brands?” Cailleux, Mignot & Kapferer (2009) konstaterat att det existerar ett problem med den traditionella CRM som inte förstår ”luxury management” och de exakta implikationerna. Då begreppet CRM anses vara otillräcklig samt bristande vid tillämpning på lyxvarumärken anser vi att CRM inte är en optimal affärsstrategi för den sortens företag. Syfte: Vårt syfte med studien är att förstärka och komplettera CRM ur ett lyxperspektiv. Ambitionen är att utveckla existerande teori samt skapa en modell som är anpassad för lyxvarumärkesföretag. Vidare vill vi även tydliggöra de skillnader som existerar mellan klassisk CRM och LCRM. Metod: Uppsatsen har en teoretisk utgångspunkt och behandlas ur en kvalitativ metod tillsammans med respondenter från fallföretaget som besitter gedigen erfarenhet och ansvarspositioner inom lyxindustrin. Slutsats: CRM är inte en tillräcklig strategi att applicera mot lyxvarumärkesföretag då den inte är justerad för att tillgodose lyxvarumärkesföretagens plattform. Den utvecklade teorin LCRM har testats genom en empirisk studie och verifierats till att vara en lämplig strategi för lyxvarumärkesföretag. Genom en tillämpning av LCRM kan lyxvarumärkesföretag nå en ökad kundlojalitet ur ett långsiktigt perspektiv. / Background and problem discussion: Luxury brands have begun to explore the benefits of an approach to create lifelong customer value. They have also shown interest in implementing CRM policies but are unsure how suitable it is for their market. The article “Is CRM for luxury brands?” Cailleux, Mignot & Kapferer (2009) has been used as an inspiration in this study as the article has found that the existing traditional CRM does not understand "luxury management" and the precise implications, i.e., how luxury brands want to expand while maintaining their prestige. Since the concept of CRM is considered to be insufficient and inadequate for the purposes of luxury brands, we believe that CRM is not an optimal business strategy for the type of business. Purpose: The purpose with this study is to enhance and supplement the strategy CRM to meet the luxury industry needs. The ambition is to develop existing theory and create a model that is suitable for luxury brands. Further, the purpose is to clarify the differences between CRM and LCRM. Method: The paper is theoretically based with a qualitative approach with respondents in leader positions and extensive experience within the luxury industry. Conclusion: CRM is an insufficient strategy to apply for businesses within the luxury industry because it does not understand the platform of a luxury brand. The developed theory LCRM has been tested through an empiric study and has been verified as a suitable strategy to apply for luxury brands. Through an implementation of LCRM luxury brands can achieve a higher customer loyalty in the long run.
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Utveckling av kundrelationer på LänsförsäkringarMazmanian, Joseph, Babakhanlo, Arbi January 2010 (has links)
Syfte: Syftet med denna uppsats är att illustrera vilka faktorer som påverkar kundrelationer och hur ett företag bör gå tillväga för att förbättra dessa samt för att bevara sina kunder. Vi vill ge en illustration på hur en välorganiserad kundrelation kan framkallas. Uppsatsen är även en undersökning som kommer att framhäva Länsförsäkringarnas varianter av strategier och metoder inom kundrelation, detta kommer även att baseras ur kundens perspektiv. Det vitalaste kommer att handla om hur Länsförsäkringarna kan förbättra och utveckla detta. Metod: Vi valde att använda oss av primärdata för att öka trovärdigheten genom enkätundersökning och intervjuer, våra sekundärdata användes för att ge stöd till den primäradatan med författares och forskares teorier. Sedan jämförde vi resultatet från intervjuerna och enkätundersökningen med vad teoretikerna anser för att se om det överensstämmer med resultatet. Resultat & slutsats: Vi tycker att det har varit ett intresseväckande arbete att följa Länsförsäkringarnas tillvägagånssätt om hur de bemöter kunderna och relationen till dem. Verksamheten är ledande inom försäkringar men befinner sig i en konkurrenskraftig marknad. Därför är det viktigt att omhänderta sina kunder, särskilt de kunder som idag är missnöjda och som troligtvis inte har orkat byta försäkringsbolag. Det är dessa kunder som kan föra vidare det dåliga ryktet om företaget till nya potentiella kunder. Vi anser att företaget har en bristande kundrelation, detta har bekräftats med empiriska studier och med den sekundäradata. Förslag till fortsatt forskning: Det finns många aspekter att analysera, som exempelvis; en djupgående studie om hur CRM implementeras och används av konkurrenterna (IF, Trygghansa och Folksam) samt i jämförelse med Länsförsäkringarna. Uppsatsens bidrag: Detta arbete ger en verklighetssyn av Länsförsäkringarnas relationer till sina kunder och hur företaget skall förbättra detta samt utveckla personalens kompetens inom det berörda området. Nyckelord och förkortningar: Lf = Länsförsäkringarna, Rm= Relationsmarknadsföring, Crm= Customer relationship management, Rm-tåget= Relationsmarknadsföringståget, E-CRM= Electronic customer relationship management, Kundnöjdhet, Kundrelationer, Kundlojalitet / Aim: The purpose of this essay is to ilustrate factors which influence customer relationship and how companies should improve and retain their customers.We want to show how an organized customer relationship can evoke. This essay is also an investigation which will bring out different variations of strategies and methods of customer relationship. This will also base on the customer experience. The most important thing is that the essay will give the readers answers on how the company Länsförsäkringarna can develop these strategies. Method: We have chosen to use Primary data to increase the reliability threw interviews and questionnaire examination.We also used secondary data to provide support to the primary data.We compered the results from the interviews and questionnaire examination with professors and authors teories Result and Conclusions We think that it has been an intresting work to follow Länsförsäkringarna strategies on how they aproach the customers and their relationship with them. Länsförsäkringarna are leaders in their business in insurance but their position in the market is very competitive. Therefore it is very important to take a good care of the cutomers, especially the customers who are not satisfied and don’t care to change to another incuranse company. They will surtenly spread a bad reputation about Länsförsäkringarna threw word of mouth to the new potential customers. In our opinion we think that Länsförsäkringarna have a bad relation to their customers and that have been confirmed by our empirical studies and with the help of secondary data. Sugestion of future research There are many aspects to analyze, for example a deep going study about how to implement CRM and how it is used by competetors of Länsförsäkringarna, and also to compare the study with Länsförsäkringarna. Contribution of the thesis This work gives a realitypicture of Länförsäkringarna:s relations to their customers and how the company shall develop their staff competence in customer relationship management. Key words Lf = Länsförsäkringarna, Rm= Relationship marketing, Crm= Customer relationship management, Rm-tåget= Relationshipmarketing train, E-CRM= Electronic customer relationship management, Customer satisfaction, Customer relationship, Customer loyalty
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