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The Impact of Strategic Position on E-Broker's CRM Applications

With the change of market focus from product-orientation to
customer-orientation, more and more companies realize the importance of
customer relationship management (CRM). Internet and emerging information
technology have further made CRM easier than before to implement. In the
meantime, most stockbrokers start operating electronic transactions through
the Internet. Electronic stockbrokers can change traditional business operation
models from focusing exclusively on few significant customers to taking care of
every individual valuable customer with the latest technology developed.
The purpose of this thesis is to study the relevance between CRM
strategic positions and associated CRM applications based on two cases: a
nationwide e-stockbroker and a regional e-stockbroker. Their strategic
positions toward the CRM trend are investigated by making use of the value
compass proposed by Wayland and Cole. Their CRM applications are then
measured by performance indices introduced by Körner et al.
Several hypotheses are proposed under careful analysis on these two
cases. It shows that e-brokers¡¦ strategic positions toward CRM have impact on
their CRM applications. In details, different positions on customer portfolio management will result in different levels of communication contents, added
value for the customer, customer profiling, and privacy policy. Positions on
value proposition design will shape the value added by relevant information
and customer profiling. Confidence levels, however, may be affected by factors
other than strategic positions on the value compass. Finally, the
implementation of CRM will also cause changes of business organization and
business culture.

Identiferoai:union.ndltd.org:NSYSU/oai:NSYSU:etd-0207101-143318
Date07 February 2001
CreatorsLi, Shin-Chin
ContributorsTung-Ching Lin, Chih-Ping Wei, Chang,T. M.
PublisherNSYSU
Source SetsNSYSU Electronic Thesis and Dissertation Archive
LanguageCholon
Detected LanguageEnglish
Typetext
Formatapplication/pdf
Sourcehttp://etd.lib.nsysu.edu.tw/ETD-db/ETD-search/view_etd?URN=etd-0207101-143318
Rightsunrestricted, Copyright information available at source archive

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