1RESEARCH PAPER Acknowledgment This research is not possible without the help and assistance of the supervisor. I render a warm thanks to him. His friendly guidance and expert advice have been invaluable throughout the research. In fact, I would like to thank my friends and mates whose enormous support and advices helped me to deliver the research positively. Each of the members of my dissertation has provided extensive personal and professional guidance and taught me to focus on the scientific research procedure effectively. Thank you all.
2RESEARCH PAPER Abstract Customer relationship management (CRM) is considered to be one of the effective tool to retain customers. The advent of globalisation intensify the competition in the international market and it results to introduce extensive focus on the customers and increase their values for the organisation. Moreover, there is a key aspect of the CRM technique that is associated with developing the performance of the organisation. Therefore, this research aims to investigate the impact of CRM in consumer electronics industry. The objective of the research emphasises on theroleoftheCRMinconsumerelectronicsindustryandresolvingtheissuesdueto implementing the CRM techniques in Samsung. The literature review tries to depict a logical explanation of the concept of CRM and organisational performance and intends to draw a linkage between CRM and organisational performance in different sectors. The research further narrows down the investigation by putting emphasis on the Samsung Electronics as a case study. This report had developed a mixed method research design which used both quantitative and qualitative method for analysing the data. The survey data had been collected from 100 consumers of Samsung in United Kingdom and the qualitative data had been collected from the managers in Samsung. The results had shown that there is significant positive impact of CRM on the performance of organizations in consumer electronics industry. It had identified an issue where 30% of the respondents have provided negative feedback and the managers suggested that the organization had been facing challenges in addressing the changes in market trends. The report had developed necessary conclusions and recommendations necessary for implementing a new CRM system.
3RESEARCH PAPER Table of Contents Chapter 1: Introduction....................................................................................................................6 1.1 Introduction............................................................................................................................6 1.2 Background of the study........................................................................................................7 1.3 Problem statement.................................................................................................................7 1.4 Research rationale..................................................................................................................8 1.5 Research aim..........................................................................................................................9 1.6 Research objective.................................................................................................................9 1.7 Research question..................................................................................................................9 1.8 Research hypothesis.............................................................................................................10 1.9 Dissertation structure...........................................................................................................10 1.10 Summary............................................................................................................................11 Chapter 2: Literature review..........................................................................................................13 2.1 Introduction..........................................................................................................................13 2.2 Customer relationship management....................................................................................13 2.3 Theoretical perspective........................................................................................................16 2.4 Theory on organisational performance................................................................................18 2.5 Impact of CRM on organisational performance..................................................................21 2.6 Conceptual framework.........................................................................................................25 2.7 Literature gap.......................................................................................................................26 2.8 Summary..............................................................................................................................26 Chapter 3: Research Methodology................................................................................................28 3.1 Introduction..........................................................................................................................28 3.2 Research philosophy............................................................................................................29 3.3 Research Approach..............................................................................................................29 3.4 Research Design..................................................................................................................30 3.5 Data collection and Analysis...............................................................................................31 3.6 Sampling Technique............................................................................................................32 3.7 Reliability and Validity........................................................................................................33 3.8 Ethical Consideration...........................................................................................................34 3.9 Summary..............................................................................................................................34 Chapter 4: Findings and Analysis..................................................................................................36 4.1 Introduction..........................................................................................................................36
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5RESEARCH PAPER Topic: CRM in Consumer Electronics Industry: A case study of Samsung Electronics Chapter 1: Introduction 1.1 Introduction Customerrelationshipmanagement(CRM)playsacrucialroleinorganisational relationship with the clients and potential customers. It can be argued that the customer relationship is a practice that most of the organisations have followed in order to maximise their customers effectively. According to the research ofKhodakarami and Chan(2014) Customer relationship management is identified as a customer oriented approach of business that is coupled with the practice of analysis, planning, controlling and co-ordination. As per the report ofNyadzayo and Khajehzadeh(2016) it can be argued that CRM is a concept that brings more efficacy into the organisational activities in order to shape better relationship with the customers. On the other hand, there is a long term impact of the customer relationship management strategy on the profitability of the organisation in course of dealing or interacting with the customers more intensely. However, in course of time the theoretical concept of the CRM has been turned into a technological mechanism that is more intrigued to developbetterrelationshipbetweenthebusinessfarmandthecustomers.Moreover, ChoudhuryandHarrigan(2014)articulatedthatwiththeadventoftechnological advancement the importance and relevance of the technology based CRM is growing in a rapid pace that makes the CRM approach a pragmatic strategy for the organisations to develop. Based on this understanding, this research cares to evaluate the role of customer relationship management in Consumer Electronics industry. As a matter of fact, the research
6RESEARCH PAPER tries to narrow down the investigation by focusing on Samsung Electronics and is going to find out the specific and accurate impact of the CRM techniques on that company. 1.2 Background of the study Samsung Electronics is belonged to a South Korean origin with its headquarters in Suwon, South Korea. KI Nam Kim is the present CEO of the organisation and the organisation is popular for its huge business operations in Consumer electronics, IT and mobile communications and the device solutions. As per the information shared by the organisation, it can be stated that in 2006 Samsung first won the global market share with the help of enormous cutting edge technologies and innovative designs that strengthened the market base for the Samsung globally. A huge market experience of more than 50 years leads the company to get the title of one of the major electronic product manufacturing company all over the world. The Vision 2020 is considered to be a pertinent aspect for the organisation as the core value of the Samsung is envisioned through its Vision 2020 program. According to the report, Samsung aims to create a better world full of richer digital experiences with the help of technology and products. it means the innovation of the company is not only focusing on the role of the product development but the service is also referred as one of the most significant part of the organisation that facilitates effectivemeans of progress in business profoundly. 1.3 Problem statement According to the research ofHassanet al.(2015) the organisational performance is highly linked with the Customer Relationship Management. In this regard, it can be argued that the role of the customer relationship management is based on a meta-capability or high order construct that focuses on the farm’s ability to harness and orchestrate the low order
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7RESEARCH PAPER capabilities.Soltani and Navimipour(2016) opined that the low order capabilities of an organisation is related to the marketing and business strategies that an organisation is going to opt in order to render more market capitalisation. In fact, the ability of the organisation to expand its business is also a core concept that can be related to the CRM techniques. One of the major aspect of the CRM technique is to create better consumer orientation for the business organisation and increase the ability of the organisation effectively.Trainoret al, (2014) mentioned that due to the increase in the competitiveness in the market as a result of globalisation it becomes a pertinent measure for the companies to ensure its business stability through maximisation of customers. It also depends on the organisational performance to offer quality production and services to the customers and get the feedback that will help to evaluate the efficacy of the organisational strategies. Therefore, it is important for the organisation to use the CRM techniques as a core competency of the organisations to evaluate the policies and strategies. 1.4 Research rationale The impact of globalisation develops high competition in the market. Most of the companies are trying to reach out the global or multi-national markets and it results an intense competition in the domestic and international market as well. Therefore, implementing new and unique strategies are the key concern for the corporate farms. As a matter of fact, it is intertwinedwiththeCRMstrategiesbecausetheorganisationsareusingCRMasa proficiency measurement tool. Moreover, maximising the customers is also a significant facet of CRM strategy. Therefore, procuring a good measure with the help of the CRM techniques is supposed to provide a strong impact on the performance of the organisations. Henceforth, the research cares to put focus on the impact of CRM on organisational
8RESEARCH PAPER performance and the possible issues that can be emerged and has to be resolved in this context. 1.5 Research aim The aim of this research is to evaluate the impact of CRM in consumer electronics companies and identify the possible risk factors. 1.6 Research objective The objectives of this research are as follows, i.ToidentifytheimpactofCRMontheperformanceofconsumerelectronics industries. ii.ToanalysetheissuesofCRMwhileimplementinginconsumerelectronics companies. iii.To correlate the organisational performance at Samsung and the role of CRM. iv.To recommend strategies that can resolve the CRM related issues in consumer electronics companies. 1.7 Research question The research questions are as follows, a.What are the impact of CRM in consumer electronics industries? b.What are the risk factors of implementing CRM in a consumer electronics industry? c.How does CRM influence the organisational performance at Samsung? d.What will be the strategies to resolve the CRM related issues in consumer electronics companies?
9RESEARCH PAPER 1.8 Research hypothesis H1: CRM influences the organisational performances at consumer electronics companies. H0:CRMdoesnotinfluencetheorganisationalperformanceatconsumerelectronics companies. 1.9 Dissertation structure This dissertation is comprised of five chapters in which the first chapter is introduction that is entitled to discuss a clear overview of the theme of the research in accompanied with a company background. Moreover, chapter one is also discussed the aims and objectives of the research and the research questions that are highly important for the research. The second chapter is articulated about the empirical studies and theoretical aspects that are associated with the theme of the research. In other words, the second chapter of this research is a literature review where the erstwhile researches and discussion are elaborated in an in-depth manner. In this context, the literature review of this research cares to derive a logical explanation of the CRM techniques in organisational performances. The next chapter illustrates the methodology part that connotes the way to conduct the research. This section is going to provide a detailed description of the research philosophy, approach, design, data collection, reliability, validity and the ethical considerations. This systematic description helps to understand the process through which collected data will be used and analysed. The fourth chapter is accompanied with the analysis of the collected data with the assistance of different analytical tools. As a matter of fact, one of the major aspect of this chapter is draw a statistical form of analysis linking with the literature review.
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Chapter 1: Introduction Chapter 2:Literature review Chapter 3:Research Methodology Chapter 4:Findings and analysis Chapter 5:Conclusion 10RESEARCH PAPER The final chapter is identified as the conclusion where the brief of the entire research process will be portrayed. The discussion of the conclusion chapter comprises a suitable recommendation that is useful to resolve issues while implementing CRM practice in Samsung Electronics. Moreover, a personal reflection on the learning generated from the entire research project is also illustrated clearly in the concluding chapter. Figure 1:Structure of the dissertation (Created by the author) 1.10 Summary The purpose of this chapter is to deliver a clear perception regarding the aims and objectives of the research. The introduction chapter puts emphasis on describing the brief process of the
11RESEARCH PAPER research and highlights the key points that are pivotal for the research. As a matter of fact, the context of the research and the research questions on which the entire focus of the research relies is also incorporated into the introduction section. Besides this, the research hypothesis and the outline of the entire dissertation is also depicted within the introduction chapter so that the research can get an initial image of how the research will be ordered. This primary understanding will help the researcher to conduct the research further.
12RESEARCH PAPER Chapter 2: Literature review 2.1 Introduction The purpose of thisliteraturereview is to discuss different aspectsof the CRM mechanism that can generate a great deal of influence on the organisational performance. In course of this discussion, different empirical evidences and erstwhile researches and articles will be analysed in order to get a logical explanation of the entire research. In fact, it is also important to derive data from different theoretical frameworks that are relevant enough in course of understanding the relationship between CRM mechanism and the consumer electronics industry. Moreover, the definition of the customer relationship management and theoretical perspective of the organisational preferences are also incorporated into the discussion. In addition to this, various kind of CRM related issues are also evaluated in course of the discussion so that the risks in implementing CRM in organisational performance can be understand thoroughly. There is also a conceptual framework that is going to depict a clear picture of the entire discussion in the literature review. Finally, the literature review is concluded with a literature gap that can analyse the limitations of the literature review that push the research to conduct this research. 2.2 Customer relationship management Customer relationship management or CRM has a long history of using as an effective tool for developing better organisational practices. It is associated with the notion of relationship marketing and putting great attention towards the employee retention in an organisation. The article ofGiannakis-Bompolis and Boutsouki(2014) advocated that the growing competitiveness in the international as well as the domestic market compels the business organisations to take necessary steps to retain and attract customers robustly. As a matter of fact,Tseng(2016)
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13RESEARCH PAPER articulated that the advent of globalisation is the most responsible factor that has a long drawn impact on the rapid transformation in the international business. Previously, the corporate organisationshave enormousinfluenceand dominanceoverthe customers.It meansthe customers are more relied on the organisations rather than the companies on its customers. One of the major factor behind such practices was the prevalence of limited companies in the domestic market. As a result of that there was limited options for the buyers to choose the brand or the company.Bhat and Darzi(2016) stated that the coming of globalisation changed the entire scenario as the international market was going to open for all. Therefore, a number of big business giants tried to monopolise the market but with the presence of the domestic competitors it became a severe challenge for both the domestic and the multinational companies to do business without having competitors. Therefore, the urge for a unique strategy or technique was emerged in the form of emphasising on the customers more intensely and share concern about the customer satisfaction. On the backdrop of such scenario, the practice of customer relationship management was initiated and it gradually transcends over all the international and the domestic companies as well. However, the research ofRahimi and Gunlu(2016) refuted such one linier argument behind the formation of customer relationship management. The principle argument of the research was that the customer relationship management not only dealt with the customer satisfaction and rate of attrition rather it had a dynamic spectrum. The dynamic aspect of the customer relationship management can be evaluated in terms of presenting an in-depth analysis over different attributes of the CRM mechanism itself. The notion of CRM in present days is not only restricted itself within the process of making good relationship with the customers but the internal development of the business organisation through an effective communication network
14RESEARCH PAPER of customer relationship can also be established through the CRM framework. Henceforth, the definition of CRM is also developing itself in course of time. For instance,Thakur and Workman,(2016)stated that the customer relationship management is associated with the notion of business strategy, organisation structure and the customer relationship management in order to create a concise but effective management practice. From that point of view, it can be asserted that the CRM is a strategic management framework. On the contrary,Matiş and Ilieş(2014) defined CRM as a technological mechanism that can facilitate effective communication between the organisational activities and its relationship with the customers.Anshariet al.(2015) viewed CRM as a brilliant innovation in recent times where the mechanism facilitates effective way for the management and customer service staffs to maintain quality service to the customers. Therefore, it can be stated that the customer relationship management is no longer restricted into the conceptual paradigm rather it transformed into a technology nowadays. The notion of customer relationship management is surpassed itself to a next level of future strategic tool for the corporate farms. While understanding the nature of the CRM Garrido-Moreno, A., Lockett, N. and Garcia-Morales(2015) asserted that the concept and the techniques of CRM is now integrated different activities of the farms and customer values. In addition to this, the use of database for stockpiling the information regarding customer feedback is also the new aspect of the futuristic model of customer relationship management. From the research ofAscarzaet al.(2017) it can be derived that CRM techniques includes internet, e- mails, call centres and face to face interaction through digital tools. Therefore, it is clear that the paradigm of CRM is no longer limited itself into the conceptual formation. A number of technological integration makes it more sophisticated and pragmatic enough to make better relationship with the customers. One the other hand,Bhakane(22015) figured out a correlation
15RESEARCH PAPER between the concept of CRM and total quality management. From that point of view, CRM can be defined as a concept having technological assistance in order to procure more satisfaction for the customers through direct interaction and feedbacks. 2.3 Theoretical perspective As far as the theoretical perspective of the CRM in business is concerned, it can be stated that there are several theories that are associated with the practice of customer relationship management and tried to find out the efficacy and different aspects of the CRM techniques with the purpose to set up the value of the customer. According toNewby, Nguyen and Waring (2014) the CRM technology is highly coupled with the business strategy of the organisation. Specific customer targets with the perception to bring more customers and the long term relationship with the customers are the most important aspect on which the organisations are focused on. On the contrary,Rahimi(2017) argued that the traditional marketing practices are based on the advertising mechanism and the role of the direct market penetration of the business farms. Therefore, the role of CRM in maximisation of customers is a matter of further introspection. Nevertheless, the article ofTzokaset al.(2015) while putting emphasis on the impact of the globalisation on international business has articulated that CRM is a brand new approach to use as a marketing strategy. In this context, it can be argued that the sole purpose of the marketing strategy is emphasising on the maximisation of customer. Simultaneously the motive of CRM is also clubbed with the objectives of CRM. Therefore, from the point of view of Fidel, Schlesinger and Cervera(2015) the CRM technology is the new interpretation of the marketing strategy with better and direct impact on the customers because the focal of the CRM techniques is formulated by shaping and influencing the customer loyalty and the values.
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16RESEARCH PAPER On the basis of such presentation of CRM, the erstwhile researchers and the empirical studies propounded a number of models that are coincided with the CRM technology effectively. As per the research ofWang, Cavusoglu and Deng(2-16) it can be argued that customer profitabilityisoneofthecoreconceptsofCRMpractice.TheCustomerRelationship Management highlights the touch points of multiple cost reduction, and through utilising the automation practice it becomes an effective approach for the business farms to reduce the marketing and operational spending because the CRM mechanism directly interacts with the customers. The theoretical approach of customer profitability pointed out that the customer lifetime value identification is the most important aspect on which most of the organisations are relied upon. However, the marketing strategy and the target customer identification practice are bearing huge expenses and sometimes the expense can surpass the net income of maintaining the CRM facility. As a result of that it will create damage for the financial condition of the organisation. Moreover, the value of the customer is also inclined towards the efficacy of the process to deliver better customer attrition in the organisations. The customer retention is also identified as pertinent aspect associated with the practice of CRM.Arman(2014) opined that the role of the CRM techniques is not only focusing on the customer attrition but also developing new customers is also identified as a key feature of CRM. Therefore, customer profitability is a core concept that is associated with the notion of customer relationship management in corporate organisations. In addition to this, one of the important component to understand the efficacy of CRM technique is identified as the value creation. From the research ofWang(2014) it can be argued that customer profitability would not be possible without having the superior value of the relationship between customer and organisations. most of the scholars have corroborated the fact
17RESEARCH PAPER that creation of value is one of the important aspect for the organisations in order to provide more advantage into the process of solidifying the customer attrition in an organisation. Besides this, the research ofKrishna and Ravi(2016) pointed out a more justifiable and rational argument in terms of the theory and perception of CRM in organisation. Based on the discussion, it can be identified that CRM is a bridge between the organisation and the customers to some extent. Both the customers and the buyers are trying to fulfil their own interests. Therefore, the objective of the CRM management is not only cope with the interests of the customers but also emphasizes on the organisational values and interests. It is the responsibility of the CRM techniques to acknowledges the principles of both organisation and customers and optimise its functionality to cope with the interests of both the entity. As a result of that in one hand the profitabilityoftheorganisationwillbegeneratedandontheothertheperceptionand expectations of the customers are also safeguarded. 2.4 Theory on organisational performance Performance is a core concept in organisation. It can be stated that performance in organisation can be evaluated on the basis of both individual and organisational psychology. It is important for the organisation to encourage the employees to build up their abilities to a great extent that can generate high performance for the organisation. As a matter of fact, the perception regarding performance is not restricted to only the product offerings but the service quality is also considered to be one of the major aspects of organisational performance.Kristian (2014) articulated that the more the performance of the organisation develops the more it will provide a strategic advantage for the organisation in the competitive market. moreover,Goetsch and Davis(2014) opined that high performance of the organisation is resembled with the notion of high level of satisfaction and feeling of mastery that brings positive changes and confidence
18RESEARCH PAPER among the employees and the organisation as well (Maduenyiet al.2015). Henceforth, it is more effective for the organisation to measure the employee performance to a great extent as the performance quotient of the organisation is relied on the performance of the employees. Santouridis and Veraki(2017) tried to identify the performance of the organisation from, a psychological perspective where it can be argued that individual performance is a key factor in work and organisational development. Individual performance is more like a dependent variable that connotes the intention of the organisation to enhance and optimise for the development of the organisation (Augusto, Lisboa and Yasin 2014). From the point of view ofRaju, P.S., Bai, D.V.R. and Chaitanya(2014) individual performance can be projected effectively in job performance where all the employees are intended to acquire new skills in order to get the adequate exposure of bring development in the organisational context. Behaviours of the employees play a significant role in this regard. For instance,Maggon and Chaudhry(2015) remarked that the human nature is closely linked with the machines except human can make decision making on his own that is absent in case of the machines. Despite of such differences, human psychology acts similar like the machines. Performance cannot be defined as an action rather it is associated with the paradigm of judgemental and evaluative process. Therefore, a rational justification is always there behind the individual performances (Clarkeet al.2015). In this context,Triznovaet al.(2015) opined that it would be wrong to expect that individual performance could always be achievable. On the contrary, there were number of drawbacks and lack of judgements that could be seen in case of individual judgment. The positive mind-set of the employees can lead towards the developing performance and in course of the development the blunders and faults were playing important part in order to give lesson to that person (Sethibe and Steyn 2015). In fact, while blending the
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19RESEARCH PAPER individual performance with the organisational objectives it is pertinent to put great thrust on the organisational objectives.Carlos Pinho, Paula Rodrigues and Dibb(2014) advocated that the organisational development was one of the key aspect that proved individual performance development. Therefore, if the organisation fails to make any progress then it will be imperative to identify the individual performance development as a success. Based on this understanding, it can be stated that it is always important for the employees to inculcate the aims and objectives of the organisation into their daily performance so that both the corporate farms and the individual employee can improve the quality of performance (Upadhaya, Munir and Blount 2014). On the basis of the above theoretical framework it can be stated that performance is a multi-dimension aspect and employee performance is identified as the most important aspect to improve the performance of the organisation. In this context,Bakotić(2016) tried to define the organisational performance in two aspect such as task related performance and the contextual performance. Task performance is manly associated with the practice of making effective measure to deal with the individual proficiency where the activity of the employees will help to shape the technical core of the organisation (Katou 2015). On the other hand, there is also contextualperformancemeasurethatiswaydifferenttotheperceptionthanthetask performance. For an instance, the contextual performance refers to the activities that do not contribute to the technical core but support the organisation in terms of corroborating the social and psychological environment of the organisational goals (Muduli 2015). One of the major aspect of the contextual aspect is to deal with the perception that the organisation is resembled with a dynamic aspect of activities and it is important to cover all the aspects of the organisation so that the overall development of the organisation can be identified properly (Coccia 2016). From that discussion, it can be confirmed that both the contextual performance and task
20RESEARCH PAPER performance are highly important for developing the organisational performance thoroughly. In fact, the individual and the organisational performance has a close link with building a great relationship with the customers. 2.5 Impact of CRM on organisational performance In course of discussing the role of CRM in organisational performance, it is important to understand various aspects and attributes of the CRM techniques that are entitled to facilitate a better environment of communicating with the customers. Based on this understanding,Rahimi (2017) linked the objectives of the CRM techniques with the marketing strategy. The research entirely focused on the hospitality industry and tried to investigate the role of CRM in hotel industries. The research method that the article followed was based on the primary evidence collection in the form of questionnaire on the managers. The result of the research illustrated that there was a direct impact of the CRM on the people and technology of the hotels. The organisational culture will effectively influenced by the technological implementation (Šebjan, Bobek and Tominc 2014). This research was using the CRM concept in a technological perspectiveandfoundoutthatthecustomerloyaltyandlongtermprofitabilityofthe organisation was intricately associated with each other. As a matter of fact, the presence of the CRM techniques facilitated a great deal of impact on the organisational culture and bring more efficacy into the organisational activities through communication. On the other hand,Josiassen, Assaf and Cvelbar(2014) articulated that CRM played a significant role in order to create a strategic measure among various stakeholders of an organisation. Needless to say that this article also sought help of the IT driven CRM technology for making better environment within the organisation. Therefore, both the formulation of a conceptualmodelofCRMandatechnologybasedmodelwerepropoundedwithinthe
21RESEARCH PAPER discussion. The conceptual model was focused on the process orientation and advocated that it was important for the organisation to implement the CRM process within the organisational framework as the core concept of value creation and the integration of the organisational values with the objectives and activities paved the way for developing flawless working culture within the organisation (Akhondzadeh-Noughabiet al.2016). On the other hand, the role of technology driven CRM solution was to deal with the promote research and linked different department of the organisation so that it brought a unified mode of workplace culture. Innovation is also identified as a principle motive of the technology based CRM practice that can usher strategic advantage for the organisation in highly competitive market. Moreover, the research ofMohammed, Rashid, B.B. and Tahir(2014) formulate a conceptual discussion over the role of CRM on organisational performance. In course of the discussion, it was seen that one of the major aspect of both the product based or service oriented industry is to maximise its customers and the employees were bound to meettheir targets by attracting more customers or clients. Therefore, it requires a new method for them where they can perform their skills and at the same time the rate of customers will also be increased (Quet al.2014). In this regard, the CRM process is a relevant framework that not only connects the organisation with its employees but also evaluates the ability of the employees to generate new customers. As a result of that the primary objectives of tan organisation to retain the existing customers and develop the ability to employees to generate more customers can be practised. From that point of view, it can easily be defined that the CRM has a direct and positive impact on the organisational performance. The research ofVenturini and Benito(2015) was developed with the aim to use CRM techniques in developing the HR performances in Iranian organisations. The researcher used the
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22RESEARCH PAPER CRM techniques as a strategic tool in order to influence the HR practices within the organisation. In this regard, a two-step process had been implemented with the purpose use the CRM techniques as a data mining tool. Moreover, the role of the investigation was also put emphasis on the compliant management and the customer retention practice that are highly important to evaluate the efficacy of the HR performance in the Iranian organisations. The first step of the process is based on the negative performance measures and the second phase was entitled to find out the possible causes behind the negative impacts. On the basis of this, the research initiated the research and the findings suggested that the CRM technique was highly effective in order to get the expected outcome regarding the HR performance evaluation. Despite of having such effective impression of the CRM technology on evaluating the organisational performance, it can be stated that there are certain issues that perturb the process of implementing the CRM techniques effectively. At first, it can be stated that information is the most important aspect for developing an effective CRM set up within the organisation. From the research ofChae, B., Olson. and Sheu,(2014)it can be seen that the information gaps between the CRM data and the demographic configurations would create misinformation regarding the satisfaction of the customers. As a result of that it will be highly problematic for the organisation to assess the customer satisfaction ration effectively. On the contrary,Saudi and Haizam(2014) pointed out another important aspect of the CRM technology in terms of the validity of the information. The behaviour of the customers is highly volatile and it is changing in a continuous process. It is often mislead information for the organisation due to lack of understanding of the need for updating the criteria. It is further associated with the unverified data or information that can create a dilemma within the organisational decision making where the organisation should make a change or not. Henceforth, it is imperative for the business organisation to collect and
23RESEARCH PAPER data regarding the customer feedbacks though CRM technology properly so that the organisation can find out the necessary steps to develop its service or production. Furthermore, lack of insights is also contributed a lot in the process of making so much problemfor the distinctpracticeof theCRMtechnology.According to theresearchof Atanassova, I. and Clark(2015) the CRM technology is developed with the purpose to generate only the information. There is no such framework installed within the technology that can analyse the gathered data. As a result of that misinterpretation of the data can be possible. The lack of futuristic vision of the organisation is also a shortcoming for the CRM mechanism. As Akhondzadeh-Noughabiet al.(2016) argued that the role of the CRM technology was to reach out to the current customers of the organisation however, there is no scope for the CRM process to create further customers. As a result of that the importance of expanding the customer base is not possible through implementing the CRM process. In fact, the privacy concerns are always considered to be the one of the pertinent issues that CRM technology is alleged with. There are high chances of security breach in course of collecting customer information. As per the research ofRahimi(2017) it was confirmed that leaking of customer information was highly sensational and fatal for the image of the organisation that could damage the business establishment of the organisation intensely. Therefore, it is always seemed to be a sceptical vision that questions the efficacy of the CRM techniques to enhance the organisational performance. It is in fact bestowed within the CRM practice that can create obstacle for developing effective customer based organisational market capitalisation.
CRM Value creation Loyalty Communication Profitability Motivation Organisational performance 24RESEARCH PAPER 2.6 Conceptual framework The conceptual framework focuses on the relationship between CRM and organisational performance. In this context,there are certain key factors of the Customer Relationship Management that influence the organisational performance effectively. For an instance, value creation is linked with the customer retention of an organisation. The CRM technique also assists to build up a strong loyalty of the customers on the providing products or services. However, apartfromthiscustomerorientatedmeasuresitcanalsobeseenthatcommunication, profitabilityandmotivationarealsorelevantapproachoftheCRMtechniquesthatare responsible to deal with the process of developing the organisational performance dedicatedly. The key features connote a clear link between CRM and organisational performance that the literature review is trying to discuss.
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25RESEARCH PAPER 2.7 Literature gap This section tries to point out the lack in the empirical evidences that intrigues the research to conduct this research. Most of the previous literatures tries to identify the Customer relationship management either as a theory or a technological tool that can deliver better customer orientated business practice. The theoretical framework tries to amalgamate the theory and the practice notion of the customer relationship management but describing lucidly about the link between the two. On the other hand, the concept of organisational performance was discussed in a simple manner rather than putting emphasis on the different complexities of the theoretical perception of organisational performance. As a result of that the effort to create a link betweenthecustomerrelationshipmanagementandorganisationalperformancewasnot illustrated clearly. In fact, most of the literatures regarding customer relationship management had taken hospitality industry, healthcare industry or the educational sectors as a key theme of the research. Therefore, limited information was collected from the literature review that can point out the impact of customer relationship management on the organisational performance in consumer electronics industry. Those lack of efforts pushed the researcher to carry out a new spectrum of the customer relationship management by elaborating the impact of CRM on the consumer electronics sector. 2.8 Summary The above literature review was tried to depict a clear connection between the customer relationship management and the organisational performance. However, at first the discussion cared to develop a theoretical perspective of both the variables. From the above argument it can be stated that customer relationship management is a concept that can be utilised to make more customer attrition for an organisation through technological and strategic implementation.
26RESEARCH PAPER Therefore, customer relationship management refers to both the strategy and technological tool. In this context, the purpose of CRM is to develop the communication between the organisation and its customer by enhancing the value of the customers. On the other hand, the organisation performance is also explained on the basis of the employee performance approach. As the employees are considered to be an intrinsic part of the organisationsothatitisrelevanttohighlighttheemployeeperformancesasthecore determinants of the organisational activities. In this regard, there are both the individual and the task performance that the equally influence the employee job performance. The purpose of the task performance is to focus on a single task that is designed to allocate for the employee. The contextual performance connotes the overall performance of the employees. Moreover, the behavioural factors are also taking into considerations. Based on both the theoretical understanding of customer relationship management and the organisational performance the literature review finally tried to generate an idea about the role of the CRM in organisational performance. In the light of this vital topic the literature review discussed both the positive and negative impacts of CRM in order to enlighten the readers that the efficacy of the CRM techniques is not free from further introspection and it requires an in-depth research on the topic.
27RESEARCH PAPER Chapter 3: Research Methodology 3.1 Introduction Research methodology is the systematic way of collecting raw data and converting it into meaningful information to fulfil the purpose of the research. Research methodology consists of theresearchmethods,frameworksandinstrumentsessentialforaddressingtheresearch objective. In this research, methodology has been developed based on the research onion proposed by Saunders. Methodology can be considered as the philosophical framework that forms the foundation in the research. Saunders research onion has been used to unfold the different research methods and instruments used in every stage of the study. The research onion has explained the research philosophy, approach, design, data collection instruments, data analysis instruments, sampling techniques, reliability tests, validity tests and ethical aspects of the research (Kumar 2019). The research methods are chosen based on the research objective and the major research objectives in a research are description of behaviour, prediction of one variable to another variable and explanation of the causal relationship between two variables (Flick 2015). In this research, the main purpose of the research is prediction of one to another variable. This research has chosen as mixed method design where both quantitative and qualitative data collection and analysis techniques have been used to understand the role of customer relationship management in consumer electronic industry.This research has used the experimental method to facilitate description of behaviour, causal relationship and prediction from one variable to another variable.
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28RESEARCH PAPER 3.2 Research philosophy Research philosophy is the method of knowledge development through assumptions and beliefs. Assumptions are made in every stage of the research, even though the research is not aware of it. These assumptions are of three types, axiological assumptions, epistemological assumptionsandontologicalassumptions.Epistemologicalassumptionsdealswiththe assumptions about human knowledge, axiological assumptions deals with the role of values in influencing the overall research process and ontological assumptions deals with the encountered realities (Hughes and Sharrock 2016). This assumptions facilitates in understanding the research questions based on the assumptions.The credibility of the research philosophy depends on the consistentandwellthought-outassumptions.Therearemainlyfourtypesofresearch philosophies and they are realism, positivism, interpretivism and pragmatism.In this research, pragmatism has been chosen as the research philosophy as it facilitates in conducting mixed method analysis. Pragmatism focuses on the research questions and develops methods based on the needs of each question. Pragmatism accepts concepts and theories that are supported relevant actions. Pragmatism believes in the existence of multiple realities in research which means that there are multiple ways of interpreting an issue so there are different ways of carrying out a research. In this research, pragmatism has assisted in using qualitative and quantitative data analysis techniques to generate significant results. 3.3 Research Approach Research approach consists of steps of broad assumptions that describes the detail method of collecting, analysing and interpreting data. Research approach consists of two parts, reasoning and data collection. There are two types of research approaches, deductive and inductive approach. The difference between the deductive and the inductive approach can be
29RESEARCH PAPER understood by the significance of the hypothesis in the research (Sekaran and Bougie 2016). Deductive approach is used to establish a causal relationship between the variables by testing the theories. Deductive approach is based on existing theories derived from the literature review and testing it using statistical methods. On the contrary, inductive approach deals with observation and developing tentative theories from it (Teheraniet al.2015).The theories are proposed after the observations are made in the research which consists of identification of patterns and generating explanations for these patterns by developing theories. The inductive approach is used for developing new generalisations and theories. In this research, the research has used both deductive approach and inductive approach to perform quantitative and qualitative analysis of datarespectively.Ithasfacilitatedinunderstandingtheroleofcustomerrelationship management in consumer electronic industry quantitatively and qualitatively. 3.4 Research Design Research design has been defined diversely by various authors where some consider it as the method of collecting data and analysing it effective. On the other hand, there are others that consider it as the method of choosing between qualitative and quantitative research methods. In simple ways, it can be defined as the plan for conducting the overall research process. There are mainly three types of research designs, explanatory, exploratory and descriptive research designs (Creswell and Clark 2017). Exploratory research design is used for exploring particular aspects in the research.It does not try to provide conclusive results but analyse evidences to provide new facts for performing explanatory research in future. Descriptive research design is used for describing a phenomenon by using analytical method and identifyingthe reason for the phenomenon. On the contrary, explanatory research is used to establishing nature and extent of causal relationship between two variables (Leavy 2017). It analyses a specific situation to
30RESEARCH PAPER understand the impact of one variable on the other variable. In this research, sequential explanatory has been chosen as the research design where initially the quantitative analysis has been performed to generate findings and results and then the qualitative data analysis has been conducted to validate the findings from the quantitative data analysis. 3.5 Data collection and Analysis Data collection is the process of collecting relevant data to address the given research problem. There are two types of data collection methods, one is primary and second is secondary. The secondary data collection has been performed to collect data from peer reviewed journals and articles to develop the literature review. Primary data collection method can be of two types, quantitative and qualitative (Palinkaset al.2015). In this research, primary data has beencollectedthroughsurveysandinterviewsastheresearchinstrument.Thesurvey questionnaire consists of close ended questions developed on five point Likert scale. The survey questionnaire consists of demographic questions that are on nominal scale and questions on the two variables are developed on ratio scale. This has facilitated in collecting quantitative data from the respondents. On the contrary, the qualitative data has been collected using interview questions which consists of open ended questions and is semi structured in nature. These questions have assisted in collecting in depth answers from the respondents. The quantitative data has been analysed using statistical tool and techniques. SPSS (Statistical tool for social sciences) and Ms Excel are the tools used for analysing the quantitative data. The data collected has been represented in frequency tables and charts to highlight the responses of the majority in all questions (Sutton and Austin 2015). Pearson’s correlation has been used as a method for examining the direction and degree of relationship between the elements in the research. Regression analysis has been performed to develop a predictive model
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31RESEARCH PAPER whichdefinesthecausalrelationshipbetweencustomerrelationshipmanagementand organizational performance.The qualitative data has been analysed using coding where the patterns within the data has been analysed to develop significant results. Open coding has been used to generate codes from the patterns within the data and axial coding has been used to relate the developed codes to the theories. The findings from the quantitative analysis has been compared to the findings from the qualitative analysis to validate the results and provide valuable insights in the research. 3.6 Sampling Technique Sampling is the process of selecting elements from the whole population. Sampling is used in cases when it is difficult to work with large populations as it increases the cost, time and complexity of the research. Sampling is used to select sample respondents that represent the total population in a research. Sampling process starts with choosing the target population in the research and in this study, the population in United Kingdom has been chosen as the target population (Yanget al.2018). Sampling frame consists of the choosing the population that is relevant to the research and in this research, the employees working Samsung and consumers in United Kingdom have been chosen as the sampling frame. The next step is choosing the sampling size in the research and the research has used 100 consumers and 3 managers working in Samsung electronics. The most crucial part of the sampling process is choosing the sampling technique. There are mainly two types of sampling techniques, probabilistic and on-probabilistic sampling. The probabilistic sampling can be divided into cluster sampling, systematic sampling, simple random sampling and stratified sampling. On the contrary, non-probabilistic sampling can be divided into quota sampling, haphazard sampling, purposive sampling and volunteer sampling
32RESEARCH PAPER (Etikan, Musaand Alkassim 2016). In this given research, stratified sampling has been used to divide the population into different strata and randomization has been used to collect quantitative data from each of the groups (de Mello, Da Silva and Travassos 2015). This has provided equal opportunity to all the respondents of being selected for the research. On the contrary, purposive sampling has been used to select 4 managers working in Samsung to collect in depth answers on the research problem. This means that the research has used stratified random sampling for the quantitative analysis and purposive sampling for the qualitative analysis. 3.7 Reliability and Validity Reliability refers to the degree to which sample results can be obtained by using sample research methods but different data in a research. This implies that it is the ability of the research method to replicate the results. In this research, the reliability of the data collected has been analysed using the Cronbach’s alpha test which measures the internal consistency of the data collected (Bonett and Wright 2015). The alphas measures the scale reliability between the data collected.The value of alpha is acceptable at 0.6. Validity measures the appropriateness of the instruments used in the research.The research has conducted pilot study to check the validity of the questionnaire to 10 respondents. It has facilitated in examining whether the questionnaire is able gather significant data and does not contain any question that is leading in nature. The validity of the data collected has been measured using factor analysis where the bartlett test of sphericity and Kaiser-Meyer-Olkin Measure of Sampling Adequacy which determines the proportion of variance in the data collected and whether the variables are unrelated or not (Sari, Suyanta and Rohaeti 2017).
33RESEARCH PAPER 3.8 Ethical Consideration The research has adhered to all the ethical guidelines mentioned in the research. The three cardinal sins in research, fabrication, falsification and plagiarism has been avoided in the research. The research has avoided plagiarism by providing citations and credit to the past researchers. None of the data collected has been manipulated to generate significant findings. Similarly, the data collected is authentic and none of the data is false. The study has made sure to not exaggerate the research objectives (Walliman 2017). The research has developed a consent form so that the respondents have a detailed knowledge on the purpose of performing the research. The respondents have made voluntary participation in the research and the respondents had the option of leaving the survey and interview at point of time. The research has also adhered to the data protection act of 1998 where the privacy of the respondents have been kept by maintaining anonymity (Carey 2018). The data collected has not been used for any other purpose and has been stored securely. The research has also ensured that none of the questions contained abusive or discriminatory language that may hurt the sentiment or offend the respondents.The research has also made sure that the data collected is destroyed after the purpose of the research is completed. The research has also maintained the highest level of transparency and honesty while performing the research. 3.9 Summary This chapter has provided a vivid description of the research methods, instruments and frameworks used to perform the research. The research has developed a mixed method research design where both quantitative and qualitative data analysis has been conducted. The research has chosen pragmatism as the philosophy and both inductive and deductive approach. The research has used survey and interview questionnaire as the research instrument. SPSS has been
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34RESEARCH PAPER chosen as the analytical tool for analysing the quantitative data and coding has been chosen for qualitative analysis. Stratified random sampling and purposive sampling has been used to select sample population. The research has also used Cronbach’s alpha and KMO test to check the reliability and validity of the data. The next chapter has performed the data analysis based on the research methods developed in this chapter.
35RESEARCH PAPER Chapter 4: Findings and Analysis 4.1 Introduction This chapter has performed data analysis based on the research method suggested in the previous chapter. This chapter has performed a mixed method analysis where both quantitative and qualitative analysis has been performed. The results from the qualitative analysis has been used to validate the results from the quantitative analysis. In this research, the report has developed frequency tables and charts by using the data collected from 100 respondents. The qualitative data has been coded and analysed to validate the quantitative data. The results have been linked with the literature review to provide valid discussion. 4.2 Reliability and validity analysis The reliability of the data has been tested by using the Cronbach’s alpha test which measures the internal consistency of the items used in the research. It has been considered as the measure of scale reliability.The value of alpha has to be greater than 0.6 to be acceptable and reliable. In this research, the value of alpha is 0.990 which means that internal consistency of the collected data is high. The item total statistic is the appendix 3 refers to the value of alpha when one of the items are deleted is almost same and there is no increase in the value. This means that it is the maximum internal consistency that can be achieved by omitting one of the items. The value of alpha is expected to increase with the increase in the number of items in the research. The validity of the data has been evaluated by using the bartlett test of sphericity and Kaiser-Meyer-Olkin Measure of Sampling Adequacy where the value of KMO is 0.9 which
36RESEARCH PAPER shows that the data collected is valid and can be used for factor analysis. This means that the proportion of variance in data is less and the data is not unrelated. 4.3 Quantitative Analysis 4.3.1 Demographic questions Age FrequencyPercentValid PercentCumulative Percent ValidLess than 24 2121.021.021.0 25-342020.020.041.0 35-442020.020.061.0 45-541616.016.077.0 55 and above 2323.023.0100.0 Total100100.0100.0 Table 1: Age Source: (As created by author) Less than 24 25-34 35-44 45-54 55 and above 0510152025 21 20 20 16 23 Total Total Graph 1: Age
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37RESEARCH PAPER Source: (As created by author) The purpose of the question is to identify the age of the participants in the research. The results show that 23% of the respondents are above the age of 55, 21% of the respondents are less than 24 years of age, 20% participants are between the age group of 25-34, another 20% participants are between the age group of 35-44 and remaining 16% are between the age group of 45-54. This shows that there diversity in the age of the respondents and it is expected to derive significant results from these variety of respondents. The needs of the consumers in different age groups is expected to be different so there is differentiation in their needs and wants. Gender FrequencyPercentValid PercentCumulative Percent ValidMale4545.045.045.0 Female5555.055.0100.0 Total100100.0100.0 Table 2: Gender Source: (As created by author) 45% 55% Total MaleFemale Graph 2: Gender
38RESEARCH PAPER Source: (As created by author) This question highlights the gender of the respondents taking part in the research where it can be seen that 55% of the respondents are female and 45% are male. The research has use the gender of the respondents as a control variable to understand if the opinion of the consumers vary based on their gender. Tenure FrequencyPercentValid PercentCumulative Percent ValidLess than 2 years 3333.033.033.0 2-5 years 3838.038.071.0 More than 5 years 2929.029.0100.0 Total100100.0100.0 Table 3: Association with the organization Source: (As created by author) 33% 38% 29% Total Less than 2 years2-5 yearsMore than 5 years Graph 3: Association with the organization
39RESEARCH PAPER Source: (As created by author) The purpose of the question is to examine the length of time that the respondents have been associated with the products offered by Samsung. The findings show that 38% have been using products and services of the organization for 2-5 years, 33% have been using the product and services of the organization for less than 2 years and 29% of the respondents are loyal consumers and have been associated with Samsung for more than five years. These consumers is expected to have different opinions on the products offered by the organization as these consumers would have different experiences with the organization. Moreover, the consumers being associated with the company for more than years are loyal consumers and they will provideinsightsthatwouldhelpthecompanytoimprovetheircustomerrelationship management. 4.3.2 Questions on Customer Relationship Management Customer needs FrequencyPercentValid PercentCumulative Percent ValidStrongly Agree 3434.034.034.0 Agree3434.034.068.0 Indifferent1414.014.082.0 Disagree88.08.090.0 Strongly Disagree 1010.010.0100.0 Total100100.0100.0 Table 4: Customer needs Source: (As created by author)
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40RESEARCH PAPER 34% 34% 14% 8% 10% Total Strongly agreeAgreeIndifferent DisagreeStrongly disagree Graph 4: Customer needs Source: (As created by author) This question aims to examine whether the corporate strategy of the organization is able to address the needs of the consumers or not. The results depicted that 34% have strongly agreed to the question, 34% have agreed and 14% are indifferent to the question. On the contrary, 8% have disagreed and 10% have strongly disagreed to the question. This indicate that Samsung has been able to fulfil the needs of the majority of the consumers. The consumers that are indifferent towards the questions may have mixed experience with the organization. Moreover, 18% feel that their needs are not satisfied so the organization should be concerned about more than 30% of the respondents did not receive the best services. Customer relationship FrequencyPercentValid PercentCumulative Percent ValidStrongly Agree 3737.037.037.0 Agree3131.031.068.0
41RESEARCH PAPER Indifferent1414.014.082.0 Disagree1010.010.092.0 Strongly Disagree 88.08.0100.0 Total100100.0100.0 Table 5: Customer relationship Source: (As created by author) 37% 31% 14% 10% 8% Total Strongly agreeAgreeIndifferent DisagreeStrongly disagree Graph 5: Customer relationship Source: (As created by author) This question aims to examine whether the organization gives great value to the relationship with the consumers or not.The results depicted that 37% have strongly agreed to the question, 31% have agreed and 14% are indifferent to the question. On the contrary, 10% have disagreed and 8% have strongly disagreed to the question. This indicate that majority of the respondents have been able to make the consumers believe that the company offers great value to the relationship with the consumers. However, the organization has to be concerned about the 30% that are disappointed with the organizational performance.
42RESEARCH PAPER quality products and services FrequencyPercentValid PercentCumulative Percent ValidStrongly Agree 3232.032.032.0 Agree3636.036.068.0 Indifferent1414.014.082.0 Disagree66.06.088.0 Strongly Disagree 1212.012.0100.0 Total100100.0100.0 Table 6: Quality products and services Source: (As created by author) 32% 36% 14% 6% 12% Total Strongly agreeAgreeIndifferent DisagreeStrongly disagree Graph 6: Quality products and services Source: (As created by author) This question aims to examine whether the business entity offers quality products and services to the consumers or not.The results portrayedthat 32% have strongly agreed to the question, 36% have agreed and 14% are indifferent to the question. On the contrary, 6% have
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43RESEARCH PAPER disagreed and 12% have strongly disagreed to the question. This indicates than more than 30% of therespondentshavenotreceivedthequalityofservicestheyexpected.Therefore,the organization needs to revaluate their costumer journey map to understand the deviation from the expected and received service. Customized services FrequencyPercentValid PercentCumulative Percent ValidStrongly Agree 3434.034.034.0 Agree3434.034.068.0 Indifferent1414.014.082.0 Disagree1111.011.093.0 Strongly Disagree 77.07.0100.0 Total100100.0100.0 Table 7: Customized Services Source: (As created by author) 34% 34% 14% 11% 7% Total Strongly AgreeAgreeIndifferent DisagreeStrongly Disagree Graph 7: Customized Services Source: (As created by author)
44RESEARCH PAPER This question aims to examine whether the organization provides customized servicesthe consumers or not. The results showed that 34% have strongly agreed to the question, 34% have agreed and 14% are indifferent to the question. On the contrary, 11% have disagreed and 7% have strongly disagreed to the question. This shows that majority of the respondents have received services catered to their needs but there are still plenty of consumers whose needs and wants have not been identified and addressed by Samsung. visually attractive, clean and convenient FrequencyPercentValid PercentCumulative Percent ValidStrongly Agree 3636.036.036.0 Agree3232.032.068.0 Indifferent1414.014.082.0 Disagree88.08.090.0 Strongly Disagree 1010.010.0100.0 Total100100.0100.0 Table 8:Visually attractive, clean and convenient Source: (As created by author)
45RESEARCH PAPER 36% 32% 14% 8% 10% Total Strongly AgreeAgreeIndifferent DisagreeStrongly Disagree Graph 8:Visually attractive, clean and convenient Source: (As created by author) This question aims to examine whether the physical outlets are visually attractive, clean and convenientor not.The results showed that 36% have strongly agreed to the question, 32% have agreed and 14% are indifferent to the question. On the contrary, 8% have disagreed and 10% have strongly disagreed to the question. This shows that the consumers are satisfied with the cleanliness, visual representation and convenience of the stores. However, there may be certain physical outlets that are not holding up to the standards of the organizations. Immediate handling of product exchange FrequencyPercentValid PercentCumulative Percent ValidStrongly Agree 4141.041.041.0 Agree2727.027.068.0 Indifferent1414.014.082.0 Disagree1111.011.093.0 Strongly Disagree 77.07.0100.0 Total100100.0100.0
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46RESEARCH PAPER Table 9:Immediate handling of product exchange Source: (As created by author) 41% 27% 14% 11% 7% Total Strongly AgreeAgreeIndifferent DisagreeStrongly Disagree Graph 9: Immediate handling of product exchange Source: (As created by author) This question aims to examine whether product exchange, service, returns and complains are handled immediatelyor not by the organization.The results showed that 41% have strongly agreed to the question, 27% have agreed and 14% are indifferent to the question. On the contrary, 7% have disagreed and 11% have strongly disagreed to the question. The organization needs to look into the 305 respondents whose queries and problems have not been resolved effectivebytheorganization.Thisgapsinservicesneedstobeevaluatedforfurther improvement in the customer relationship management. consistency in service FrequencyPercentValid PercentCumulative Percent ValidStrongly Agree 3737.037.037.0 Agree3131.031.068.0
47RESEARCH PAPER Indifferent1414.014.082.0 Disagree66.06.088.0 Strongly Disagree 1212.012.0100.0 Total100100.0100.0 Table 10:consistency in service Source: (As created by author) 37% 31% 14% 6% 12% Total Strongly AgreeAgreeIndifferent DisagreeStrongly Disagree Graph 10: consistency in service Source: (As created by author) This question aims to examine whether the business entity is consistent in offering its services and products to the consumers.The results showed that 37% have strongly agreed to the question, 31% have agreed and 14% are indifferent to the question. On the contrary, 6% have disagreed and 12% have strongly disagreed to the question. This indicated that the organization has been consistent in majority of the cases but improvement in consistency is required to develop sustainable competitive advantage.
48RESEARCH PAPER Convenient services FrequencyPercentValid PercentCumulative Percent ValidStrongly Agree 3939.039.039.0 Agree2929.029.068.0 Indifferent1414.014.082.0 Disagree1212.012.094.0 Strongly Disagree 66.06.0100.0 Total100100.0100.0 Table 11:Convenient services Source: (As created by author) 39% 29% 14% 12% 6% Total Strongly AgreeAgreeIndifferent DisagreeStrongly Disagree Graph 11: Convenient services Source: (As created by author) This question aims to examine whether the services provided by the company is convenient or not. The results showed that 39% have strongly agreed to the question, 29% have agreed and 14% are indifferent to the question. On the contrary, 12% have disagreed and 6% have strongly disagreed to the question. The result show that 18% does not consider the service
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49RESEARCH PAPER to be convenient and there are 14% that are still unsure about the services offered. This is a significant issue for the organization and change is required for addressing the needs of these consumers. However, the organization should try to identify the segments of the consumers being affected and the needs of these segments. feeling safe FrequencyPercentValid PercentCumulative Percent ValidStrongly Agree 3939.039.039.0 Agree2929.029.068.0 Indifferent1414.014.082.0 Disagree1010.010.092.0 Strongly Disagree 88.08.0100.0 Total100100.0100.0 Table 12:Feeling Safe Source: (As created by author) 39% 29% 14% 10% 8% Total Strongly AgreeAgreeIndifferent DisagreeStrongly Disagree Graph 12: Feeling Safe
50RESEARCH PAPER Source: (As created by author) The purpose of the question is to illustrate whether the consumers feel safe being associated with Samsung or not.The results showed that 39% have strongly agreed to the question, 29% have agreed and 14% are indifferent to the question. On the contrary, 10% have disagreed and 8% have strongly disagreed to the question. The survey shows that in all the above questions, 18% have disagreed and it is no different for this question. This indicates that there are section of consumers that are using the organizational product and services but have not received quality services. personal attention FrequencyPercentValid PercentCumulative Percent ValidStrongly Agree 3535.035.035.0 Agree3333.033.068.0 Indifferent1414.014.082.0 Disagree55.05.087.0 Strongly Disagree 1313.013.0100.0 Total100100.0100.0 Table 13:Personal attention Source: (As created by author)
51RESEARCH PAPER 35% 33% 14% 5% 13% Total Strongly AgreeAgreeIndifferent DisagreeStrongly Disagree Graph 13: Personal attention Source: (As created by author) The purpose of the question is to illustrate whether the consumers are provided personal attention by the company or not.The results showed that 35% have strongly agreed to the question, 33% have agreed and 14% are indifferent to the question. On the contrary, 5% have disagreed and 13% have strongly disagreed to the question.It can inferred that 32% have not received personal attention from the company which ranges from minimum personalised services to no personalised services. promotional activities are beneficial FrequencyPercentValid PercentCumulative Percent ValidStrongly Agree 3434.034.034.0 Agree3434.034.068.0 Indifferent1414.014.082.0 Disagree1010.010.092.0 Strongly Disagree 88.08.0100.0 Total100100.0100.0
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52RESEARCH PAPER Table 14:Promotional activities are beneficial Source: (As created by author) 34% 34% 14% 10% 8% Total Strongly AgreeAgreeIndifferent DisagreeStrongly Disagree Graph 14:Promotional activities are beneficial Source: (As created by author) The purpose of the question is to illustrate whether the company’s promotional activities are beneficial to the consumersor not.The results showed that 34% have strongly agreed to the question, 34% have agreed and 14% are indifferent to the question. On the contrary, 10% have disagreed and 8% have strongly disagreed to the question. This shows that majority of the consumers have been benefitted from the promotional activities but the organization has not been able to identify the needs of some of the segments which could a major problem to future sustainability. trust FrequencyPercentValid PercentCumulative Percent ValidStrongly Agree 2929.029.029.0 Agree3939.039.068.0
53RESEARCH PAPER Indifferent1414.014.082.0 Disagree1010.010.092.0 Strongly Disagree 88.08.0100.0 Total100100.0100.0 Table 15:Trust Source: (As created by author) 29% 39% 14% 10% 8% Total Strongly AgreeAgreeIndifferent DisagreeStrongly Disagree Graph 15:Trust Source: (As created by author) This question aims to analyse whether the consumers trust the brand or not.The results showed that 29% have strongly agreed to the question, 39% have agreed and 14% are indifferent to the question. On the contrary, 10% have disagreed and 8% have strongly disagreed to the question. The concern for the organization is the fact that almost 30% of the consumers does not trust the brand which could represent a bigger margin if the overall population is considered. 4.3.3 Questions on organizational performance Satisfied with product offered
54RESEARCH PAPER FrequencyPercentValid PercentCumulative Percent ValidStrongly Agree 3535.035.035.0 Agree3333.033.068.0 Indifferent1414.014.082.0 Disagree99.09.091.0 Strongly Disagree 99.09.0100.0 Total100100.0100.0 Table 16:Satisfied with product offered Source: (As created by author) 35% 33% 14% 9% 9% Total Strongly AgreeAgreeIndifferent DisagreeStrongly Disagree Graph 16:Satisfied with product offered Source: (As created by author) This question aims to examine whether the services provided by the company is convenient or not. The results showed that 39% have strongly agreed to the question, 29% have agreed and 14% are indifferent to the question. On the contrary, 12% have disagreed and 6% have strongly disagreed to the question. The results showed that 68% are satisfied but the
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55RESEARCH PAPER remaining percentage of the consumers are the concerns as these existing consumers would choose other similar as the switching cost in the industry has decreased with globalisation. satisfied with overall service FrequencyPercentValid PercentCumulative Percent ValidStrongly Agree 3434.034.034.0 Agree3434.034.068.0 Indifferen t 1414.014.082.0 Disagree99.09.091.0 Strongly Disagree 99.09.0100.0 Total100100.0100.0 Table 17:Satisfied with overall service Source: (As created by author) 34% 34% 14% 9% 9% Total Strongly AgreeAgreeIndifferent DisagreeStrongly Disagree Graph 17:Satisfied with overall service Source: (As created by author)
56RESEARCH PAPER This question has the purpose of evaluating the overall satisfaction level of the consumers with the services and products offered. The results that 34% have strongly agreed and 34% have agreed. On the contrary, 14% are neutral, 9% disagreed and 9% strongly disagreed. This means that 32% are not satisfied which means that there is scope of significant improvement in the customer relationship management strategies of the organization. Continue this relationship FrequencyPercentValid PercentCumulative Percent ValidStrongly Agree 3939.039.039.0 Agree2929.029.068.0 Indifferent1414.014.082.0 Disagree1212.012.094.0 Strongly Disagree 66.06.0100.0 Total100100.0100.0 Table 18:Consumer Loyalty Source: (As created by author) 39% 29% 14% 12% 6% Total Strongly AgreeAgreeIndifferent DisagreeStrongly Disagree Graph 18:Consumer Loyalty
57RESEARCH PAPER Source: (As created by author) This question has the purpose of evaluating the overall consumer loyalty by addressing the fact that whether they are willing to be associated with the organization in future or not. The results that 39% have strongly agreed and 29% have agreed. On the contrary, 14% are neutral, 12% disagreed and 6% strongly disagreed. This shows that 32% are not loyal to the organization and may switch to other organizational products and services. In order to retain these consumers, the company needs to make changes to their customer relationship management for better service and product quality. Satisfied with CRM strategies FrequencyPercentValid PercentCumulative Percent ValidStrongly Agree 3939.039.039.0 Agree2929.029.068.0 Indifferen t 1414.014.082.0 Disagree1111.011.093.0 Strongly Disagree 77.07.0100.0 Total100100.0100.0 Table 19:Satisfied with CRM strategies Source: (As created by author)
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58RESEARCH PAPER 39% 29% 14% 11% 7% Total Strongly AgreeAgreeIndifferent DisagreeStrongly Disagree Graph 19:Satisfied with CRM strategies Source: (As created by author) This question has the purpose of evaluating the fact whether the consumers are satisfied with the Customer relationship management strategies of the organization or not. The results that 39% have strongly agreed and 29% have agreed. On the contrary, 14% are neutral, 11% disagreed and 7% strongly disagreed. The results are quite similar and indicate the same thing as the previous findings. 4.4 Correlation analysis The correlation analysis between the satisfaction level of the consumers and the elements of customer relationship management shows that there is strong positive relationship where the value ranges from .83 to .87 as two tailed significance. This means that the relationship is bidirectional where both can impact each other. This means that changes in CRM strategies impact the quality of services and organizational performance. Similarly, the change in service quality and organizational performance is a results of a change from the CRM policies.
59RESEARCH PAPER Correlations Custom er needs Custom er relation ship quality product sand services Custom ized services visually attracti ve, clean and conveni ent Immedi ate handlin gof product exchan ge consiste ncyin service Satisfiedwith product offered Pearson Correlation .839**.872**.850**.855**.872**.864**.873** Sig.(2- tailed) .000.000.000.000.000.000.000 N100100100100100100100 satisfiedwith overall service Pearson Correlation .873**.837**.858**.871**.849**.874**.864** Sig.(2- tailed) .000.000.000.000.000.000.000 N100100100100100100100 Continuethis relationship Pearson Correlation .873**.853**.854**.862**.874**.882**.877** Sig.(2- tailed) .000.000.000.000.000.000.000 N100100100100100100100 Satisfiedwith CRM Pearson Correlation .896**.858**.858**.861**.847**.867**.850**
60RESEARCH PAPER strategiesSig.(2- tailed) .000.000.000.000.000.000.000 N100100100100100100100 4.5 Regression analysis Regression analysis is used to develop a predictive model that establishes and defines the relationship between the chosen variables. In this research, the value of Multiple R in the research is .930 which means that there is correlation between the predictors and the dependent variable. This indicate that the predictive capability of the model is significantly high in this case.R square is the coefficient of determination which determines the variance in explaining capabilities of the independent variable. It also determines the good of fit of the model. The value of R square is .864 which is greater than 0.7 and this means that the goodness of the fit of the model is relatively high. Moreover, the predictive model has 86.4% explaining capability for the characteristics of the independent variable.Durbin Watson test is performed to check the autocorrelation between the variables and the value of d is acceptable at 1.7 to 2.5. The value of d is 2.058 which means that there is no first degree autocorrelation between the variables. The ANOVA test shows the F value is .000 which means that it is less than 0.05 and the null hypothesis can be rejected. This means that there is significant impact of CRM on the performanceoforganizationsinconsumerelectronicsindustry.Themodelequationis, CRM= .244CS + .303 Tr
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61RESEARCH PAPER The other coefficients are not significant as per the analysis but there is still strong correlation between the variables. Model Summaryb ModelRR SquareAdjustedR Square Std.Errorof the Estimate Durbin- Watson 1.930a.864.846.4972.058 a.Predictors:(Constant),trust,Customizedservices,visually attractive,cleanandconvenient,Customerrelationship,Convenient services , pormotional activities are beneficial , Customer needs , quality products and services , personal attention, feeling safe , consistency in service, Immediate handling of product exchange b. Dependent Variable: satisfied with overall service ANOVAa ModelSumof Squares dfMean SquareFSig. 1Regression137.2241211.43546.218.000b Residual21.52687.247 Total158.75099 a. Dependent Variable: satisfied with overall service
62RESEARCH PAPER b. Predictors: (Constant), trust , Customized services , visually attractive,clean and convenient , Customer relationship , Convenient services , pormotional activities are beneficial , Customer needs , quality products and services , personal attention, feeling safe , consistency in service, Immediate handling of product exchange Coefficientsa ModelUnstandardized Coefficients Standardized Coefficients tSig. BStd. ErrorBeta 1(Constant).006.112.055.956 Customer needs.159.107.1621.483.142 Customer relationship-.021.110-.021-.189.851 qualityproductsand services .048.110.049.434.665 Customized services.244.107.2372.292.024 visuallyattractive,clean and convenient .063.110.064.571.569 Immediatehandlingof product exchange .047.123.047.383.702 consistency in service.001.115.001.005.996 Convenient services.221.115.2171.920.058 feeling safe-.150.118-.152-1.277.205 personal attention.127.109.1341.164.248 pormotionalactivities are beneficial -.046.110-.045-.418.677 trust.303.108.2912.820.006
63RESEARCH PAPER a. Dependent Variable: satisfied with overall service 4.6 Qualitative analysis QuestionsCommentsCodes 1. What is the role of CRM in improving organizational performance? Please Explain “CRM improves our understanding about the consumers’ needs and wants. We are able to provide better services and products which improves the performances” “ CRM plays a vital role in improving product and service quality” “Organizational performance depends on customer retention. Service and product quality improvement by using effective CRM tools and strategies are critical in retaining consumers.” Consumer needs and wants , better service quality
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64RESEARCH PAPER 2. What are the challenges you face while developing effective CRM strategies? Please elaborate “ We mainly face issues in developing a customer focused culture as consumers needs are changing very rapidly” “ Developing an end to end process to address the change in needs of the consumers is challenging” “ We have to up to date regarding our software and strategies such as end to end process changes and consumer focused culture” Customer focused culture, End to end process 3. What is the role of CRM tools and software in understanding your consumers? Please explain “CRM tools and techniques is used for analysing the consumer data “ “ We analyse consumer purchase behaviours, the current market trends and needs by using CRM tools and software” “The consumer data is complex and the CRM tools provide Analysis of purchase intentions, market trends and consumer needs
65RESEARCH PAPER simplified ways of understanding consumer needs. “ 4.7 Discussion The results from the qualitative analysis shows that there is significant impact of CRM on the performance of the organization which validates the results from the quantitative analysis. The discussion from the quantitative analysis clearly shows that majority of the consumers are satisfied with the CRM efforts made by Samsung but 30% of the consumers have addressed the fact that they have not received the desired services and products. Samsung needs to take this into account and make changes to their CRM strategies for addressing the needs of the consumers more effectively. 4.8 Summary This chapter has conducted the analysis of the collected by using both quantitative and qualitative methods which shows that in majority of the cases the consumers have been successful in addressing the needs of the consumers. However, there are certain segment of the consumers that are still not being catered properly. The managers have admitted to the fact they have faced challenges in addressing to the fast changing needs of the consumers which made it difficult to develop changes in end to end processes and developing a culture which is focused on consumers.
66RESEARCH PAPER Chapter 5: Conclusion 5.1 Conclusion and Key findings This chapter has developed relevant conclusion by linking the objectives of the research with the findings. This research has evaluated the importance of CRM in modern organizational context in consumer electronics industry. The main aspect of CRM is not only developing a complex software or tool but changing the overall philosophy. This means that the staffs should drive to acknowledge all the needs of the consumers to the possible extent along with the development of new CRM system that caters to wider consumer segments. The key findings in the given research are as follows: More than 30% consumers are not satisfied with the quality of services and products offered by the organization. These consumers does not have trust on the brand and are not willing to continue to avail the services of Samsung. The organization needs to address the issues faced by these customers so that this issue can be resolved with immediate effect. The majority of the consumers have stated the fact that they are satisfied with the services offered and can be considered loyal consumers. This shows that the products and services have met their expected needs. One of the managers suggested ,“Developing an end to end process to address the change in needs of the consumers is challenging”, this means that there is significant need to enhance the flexibility of the CRM process so that any change can be addressed within shorter period of time. The ANOVA test shows the F value is .000 which means that it is less than 0.05 and the null hypothesis can be rejected. This means that there is significant impact of CRM on the performance of organizations in consumer electronics industry. The model equation is, CRM= .244CS + .303 Tr. The value of R square is .864 which is greater than 0.7 and this means that the goodness of the fit of the model is relatively high. Moreover, the
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67RESEARCH PAPER predictivemodelhas86.4%explainingcapabilityforthecharacteristicsofthe independent variable. 5.2 Recommendations The report has developed following recommendation based on the results: Samsung needs to make changes to their CRM system and develop a new system which would be able to analyse the data at real time and suggest changes to the strategies. There should be interconnectivity between all the processes and systems which should be made available to the employees. This should facilitate in providing customized service to each consumer The organization needs to offer training and development programs so that the employees can hone up their skills and provide better services. 5.3 Limitations The major limitation of the research is that it only addresses the given case of Samsung and the results may not hold true for other organizations in different countries. Moreover, the sample size for the quantitative analysis is 100 which increases the margin of error to 10%. Therefore, using larger sample size is expected to provide better results. This research is a cross sectional study and data has been collected only once however, longitudinal studies can facilitate in collecting data multiple times to understand the cause and effect of implementing a new CRM system. 5.4 Future Scope of research In future, the research has the scope of conducting a longitudinal study where data can be collected from different countries to compare and evaluate the shortcomings in each country. It can also facilitate in understanding the way the organization has been able to cope with the change in consumer needs at a given point of time. The research could also use a larger sample
68RESEARCH PAPER size of around 1000 consumers which would reduce the margin of error significantly. Moreover, using a different case organization in a different country would be able to provide better insights on the impact of CRM on the organizational performance of consumer electronics companies.
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78RESEARCH PAPER Appendices Appendix 1 Correlations Customer needs Customer relationsh ip quality products and services Customiz ed services visually attractive, clean and convenie nt Immediat e handling of product exchange consisten cy in service Customer needsPearson Correlation 1.849**.874**.851**.885**.879**.874** Sig. (2-tailed).000.000.000.000.000.000 N100100100100100100100 Customer relationship Pearson Correlation .849**1.878**.877**.850**.866**.877** Sig. (2-tailed).000.000.000.000.000.000 N100100100100100100100 qualityproducts and services Pearson Correlation .874**.878**1.856**.882**.891**.888** Sig. (2-tailed).000.000.000.000.000.000 N100100100100100100100 Customized services Pearson Correlation .851**.877**.856**1.840**.882**.862** Sig. (2-tailed).000.000.000.000.000.000 N100100100100100100100
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79RESEARCH PAPER visually attractive, cleanand convenient Pearson Correlation .885**.850**.882**.840**1.861**.893** Sig. (2-tailed).000.000.000.000.000.000 N100100100100100100100 Immediate handlingof product exchange Pearson Correlation .879**.866**.891**.882**.861**1.864** Sig. (2-tailed).000.000.000.000.000.000 N100100100100100100100 consistencyin service Pearson Correlation .874**.877**.888**.862**.893**.864**1 Sig. (2-tailed).000.000.000.000.000.000 N100100100100100100100 Convenient services Pearson Correlation .892**.827**.860**.869**.867**.907**.864** Sig. (2-tailed).000.000.000.000.000.000.000 N100100100100100100100 feeling safePearson Correlation .881**.881**.886**.885**.894**.897**.884** Sig. (2-tailed).000.000.000.000.000.000.000 N100100100100100100100 personal attentionPearson Correlation .872**.893**.856**.861**.873**.881**.885** Sig. (2-tailed).000.000.000.000.000.000.000 N100100100100100100100
80RESEARCH PAPER promotional activitiesare beneficial Pearson Correlation .868**.857**.878**.839**.882**.875**.884** Sig. (2-tailed).000.000.000.000.000.000.000 N100100100100100100100 trustPearson Correlation .850**.845**.879**.839**.846**.872**.899** Sig. (2-tailed).000.000.000.000.000.000.000 N100100100100100100100 Satisfiedwith product offered Pearson Correlation .839**.872**.850**.855**.872**.864**.873** Sig. (2-tailed).000.000.000.000.000.000.000 N100100100100100100100 satisfiedwith overall service Pearson Correlation .873**.837**.858**.871**.849**.874**.864** Sig. (2-tailed).000.000.000.000.000.000.000 N100100100100100100100 Continuethis relationship Pearson Correlation .873**.853**.854**.862**.874**.882**.877** Sig. (2-tailed).000.000.000.000.000.000.000 N100100100100100100100 Satisfiedwith CRM strategies Pearson Correlation .896**.858**.858**.861**.847**.867**.850** Sig. (2-tailed).000.000.000.000.000.000.000 N100100100100100100100 Correlations
81RESEARCH PAPER Convenie nt services feeling safe personal attention promotio nal activities are beneficialtrust Satisfied with product offered satisfied with overall service Continue this relations hip Customer needsPearson Correlation .892**.881**.872**.868**.850**.839**.873**.873** Sig. (2-tailed).000.000.000.000.000.000.000.000 N100100100100100100100100 Customer relationship Pearson Correlation .827**.881**.893**.857**.845**.872**.837**.853** Sig. (2-tailed).000.000.000.000.000.000.000.000 N100100100100100100100100 qualityproducts and services Pearson Correlation .860**.886**.856**.878**.879**.850**.858**.854** Sig. (2-tailed).000.000.000.000.000.000.000.000 N100100100100100100100100 Customized services Pearson Correlation .869**.885**.861**.839**.839**.855**.871**.862** Sig. (2-tailed).000.000.000.000.000.000.000.000 N100100100100100100100100 visually attractive,clean and convenient Pearson Correlation .867**.894**.873**.882**.846**.872**.849**.874** Sig. (2-tailed).000.000.000.000.000.000.000.000 N100100100100100100100100 Immediate handlingof product Pearson Correlation .907**.897**.881**.875**.872**.864**.874**.882** Sig. (2-tailed).000.000.000.000.000.000.000.000
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82RESEARCH PAPER exchangeN100100100100100100100100 consistencyin service Pearson Correlation .864**.884**.885**.884**.899**.873**.864**.877** Sig. (2-tailed).000.000.000.000.000.000.000.000 N100100100100100100100100 Convenient services Pearson Correlation 1.879**.858**.861**.844**.851**.880**.882** Sig. (2-tailed).000.000.000.000.000.000.000 N100100100100100100100100 feeling safePearson Correlation .879**1.865**.865**.861**.880**.845**.879** Sig. (2-tailed).000.000.000.000.000.000.000 N100100100100100100100100 personal attention Pearson Correlation .858**.865**1.894**.847**.884**.862**.876** Sig. (2-tailed).000.000.000.000.000.000.000 N100100100100100100100100 promotional activitiesare beneficial Pearson Correlation .861**.865**.894**1.858**.886**.844**.855** Sig. (2-tailed).000.000.000.000.000.000.000 N100100100100100100100100 trustPearson Correlation .844**.861**.847**.858**1.855**.877**.851** Sig. (2-tailed).000.000.000.000.000.000.000
83RESEARCH PAPER N100100100100100100100100 Satisfiedwith product offered Pearson Correlation .851**.880**.884**.886**.855**1.853**.871** Sig. (2-tailed).000.000.000.000.000.000.000 N100100100100100100100100 satisfiedwith overall service Pearson Correlation .880**.845**.862**.844**.877**.853**1.880** Sig. (2-tailed).000.000.000.000.000.000.000 N100100100100100100100100 Continuethis relationship Pearson Correlation .882**.879**.876**.855**.851**.871**.880**1 Sig. (2-tailed).000.000.000.000.000.000.000 N100100100100100100100100 Satisfiedwith CRM strategies Pearson Correlation .867**.840**.855**.840**.863**.837**.865**.848** Sig. (2-tailed).000.000.000.000.000.000.000.000 N100100100100100100100100 Correlations Satisfied with CRM strategies Customer needsPearson Correlation.896** Sig. (2-tailed).000 N100
84RESEARCH PAPER Customer relationshipPearson Correlation.858** Sig. (2-tailed).000 N100 quality products and servicesPearson Correlation.858** Sig. (2-tailed).000 N100 Customized servicesPearson Correlation.861** Sig. (2-tailed).000 N100 visually attractive, clean and convenientPearson Correlation.847** Sig. (2-tailed).000 N100 Immediate handling of product exchangePearson Correlation.867** Sig. (2-tailed).000 N100 consistency in servicePearson Correlation.850** Sig. (2-tailed).000 N100 Convenient servicesPearson Correlation.867** Sig. (2-tailed).000 N100 feeling safePearson Correlation.840** Sig. (2-tailed).000 N100
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85RESEARCH PAPER personal attentionPearson Correlation.855** Sig. (2-tailed).000 N100 pormotional activities are beneficialPearson Correlation.840** Sig. (2-tailed).000 N100 trustPearson Correlation.863** Sig. (2-tailed).000 N100 Satisfied with product offeredPearson Correlation.837** Sig. (2-tailed).000 N100 satisfied with overall servicePearson Correlation.865** Sig. (2-tailed).000 N100 Continue this relationshipPearson Correlation.848** Sig. (2-tailed).000 N100 Satisfied with CRM strategiesPearson Correlation1 Sig. (2-tailed) N100 **. Correlation is significant at the 0.01 level (2-tailed).
86RESEARCH PAPER Appendix 2 Model Summaryb ModelRR Square Adjusted R Square Std. Error of the EstimateDurbin-Watson 1.930a.864.846.4972.058 a.Predictors:(Constant),trust,Customizedservices,visuallyattractive,cleanand convenient, Customerrelationship,Convenientservices ,pormotionalactivities are beneficial , Customer needs , quality products and services , personal attention, feeling safe , consistency in service, Immediate handling of product exchange b. Dependent Variable: satisfied with overall service ANOVAa ModelSum of SquaresdfMean SquareFSig. 1Regression137.2241211.43546.218.000b Residual21.52687.247 Total158.75099
87RESEARCH PAPER a. Dependent Variable: satisfied with overall service b. Predictors: (Constant), trust , Customized services , visually attractive,clean and convenient , Customer relationship , Convenient services , pormotional activities are beneficial , Customer needs , quality products and services , personal attention, feeling safe , consistency in service, Immediate handling of product exchange Coefficientsa Model Unstandardized Coefficients Standardized Coefficients tSig.BStd. ErrorBeta 1(Constant).006.112.055.956 Customer needs.159.107.1621.483.142 Customer relationship-.021.110-.021-.189.851 quality products and services.048.110.049.434.665 Customized services.244.107.2372.292.024 visuallyattractive,cleanand convenient .063.110.064.571.569 Immediatehandlingof product exchange .047.123.047.383.702 consistency in service.001.115.001.005.996 Convenient services.221.115.2171.920.058 feeling safe-.150.118-.152-1.277.205 personal attention.127.109.1341.164.248 pormotionalactivitiesare beneficial -.046.110-.045-.418.677
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88RESEARCH PAPER trust.303.108.2912.820.006 a. Dependent Variable: satisfied with overall service Residuals Statisticsa MinimumMaximumMeanStd. DeviationN Predicted Value.974.762.251.177100 Residual-1.043.917.000.466100 Std. Predicted Value-1.0842.135.0001.000100 Std. Residual-2.0971.844.000.937100 a. Dependent Variable: satisfied with overall service
89RESEARCH PAPER Appendix 3 Reliability Statistics Cronbach's AlphaN of Items .99016 Item Statistics MeanStd. DeviationN Customer needs2.261.284100 Customer relationship2.211.266100 quality products and services2.301.307100 Customized services2.231.230100 visuallyattractive,cleanand convenient 2.241.296100 Immediatehandlingof product exchange 2.161.269100 consistency in service2.251.336100 Convenient services2.171.240100 feeling safe2.191.277100 personal attention2.281.341100 promotionalactivitiesare beneficial 2.241.248100
90RESEARCH PAPER trust2.291.217100 Satisfied with product offered2.241.272100 satisfied with overall service2.251.266100 Continue this relationship2.171.240100 Satisfied with CRM strategies2.181.258100 Item-Total Statistics Scale Mean if Item Deleted Scale Variance if Item Deleted Corrected Item- Total Correlation Cronbach's Alpha if Item Deleted Customer needs33.40318.121.930.990 Customer relationship33.45319.179.920.990 quality products and services33.36317.404.930.990 Customized services33.43320.409.919.990 visuallyattractive,cleanand convenient 33.42317.862.927.990 Immediatehandlingof product exchange 33.50318.293.938.990 consistency in service33.41316.103.937.990 Convenient services33.49319.768.927.990 feeling safe33.47318.151.935.990 personal attention33.38316.177.931.990 promotionalactivitiesare beneficial 33.42319.539.925.990
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91RESEARCH PAPER trust33.37320.902.918.990 Satisfied with product offered33.42318.893.922.990 satisfied with overall service33.41319.133.921.990 Continue this relationship33.49319.747.927.990 Satisfied with CRM strategies33.48319.646.915.990 KMO and Bartlett's Test Kaiser-Meyer-Olkin Measure of Sampling Adequacy..979 Bartlett's Test of SphericityApprox. Chi-Square2689.964 df120 Sig..000 Communalities InitialExtraction Customer needs1.000.882 Customer relationship1.000.864 quality products and services1.000.881 Customized services1.000.863 visuallyattractive,cleanand convenient 1.000.877
92RESEARCH PAPER Immediatehandlingof product exchange 1.000.895 consistency in service1.000.892 Convenient services1.000.876 feeling safe1.000.890 personal attention1.000.883 pormotionalactivitiesare beneficial 1.000.873 trust1.000.861 Satisfied with product offered1.000.867 satisfied with overall service1.000.866 Continue this relationship1.000.877 Satisfied with CRM strategies1.000.856 Extraction Method: Principal Component Analysis. Total Variance Explained Component Initial EigenvaluesExtraction Sums of Squared Loadings Total% of VarianceCumulative %Total% of VarianceCumulative % 114.00487.52487.52414.00487.52487.524 2.2521.57789.101 3.2061.29090.391
93RESEARCH PAPER 4.2011.25691.647 5.1811.13192.778 6.1761.10293.880 7.147.92194.800 8.126.79095.590 9.118.73796.327 10.111.69697.023 11.097.60497.627 12.091.57098.197 13.089.55798.754 14.074.46499.218 15.065.40599.623 16.060.377100.000 Extraction Method: Principal Component Analysis.
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94RESEARCH PAPER Component Matrixa Component 1 Customer needs.939 Customer relationship.930 quality products and services.938 Customized services.929 visuallyattractive,cleanand convenient .936 Immediatehandlingof product exchange .946 consistency in service.945 Convenient services.936 feeling safe.944 personal attention.940 promotionalactivitiesare beneficial .934 trust.928 Satisfied with product offered.931 satisfied with overall service.931 Continue this relationship.936 Satisfied with CRM strategies.925 ExtractionMethod:PrincipalComponent Analysis.a
95RESEARCH PAPER a. 1 components extracted.
96RESEARCH PAPER Appendix 4 Survey Questionnaire 1. Age? a) Less than 24b) 25-34c) 35-44d) 45-54e) 55 and above 2. Gender? a) Male b) Female 3. How long have you been using the services of Samsung? a) Less than 2 years b) 2-5 years c) More than 5 years Questions on Customer relationship management 4. How far do you agree that our corporate strategy gives importance to the needs of the consumers? a) Strongly agreeb) Agreec) Indifferentd) Disagreee) Strongly disagree 5. How far do you agree that we give great value to the relationship with the consumers? a) Strongly agreeb) Agreec) Indifferentd) Disagreee) Strongly disagree 6. How far do you agree that we offer quality products and services to our consumers?
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97RESEARCH PAPER a) Strongly agreeb) Agreec) Indifferentd) Disagreee) Strongly disagree 7. How far do you agree that the organization provides customized services to their consumers? a) Strongly agreeb) Agreec) Indifferentd) Disagreee) Strongly disagree 8. How far do you agree that the physical outlets are visually attractive, clean and convenient? a) Strongly agreeb) Agreec) Indifferentd) Disagreee) Strongly disagree 9. How far do you agree that product exchange, service, returns and complains are handled immediately? a) Strongly agreeb) Agreec) Indifferentd) Disagreee) Strongly disagree 10. How far do you agree that we are consistent in providing service to the consumers? a) Strongly agreeb) Agreec) Indifferentd) Disagreee) Strongly disagree 11. How far do you agree that we offer convenient services to our consumers? a) Strongly agreeb) Agreec) Indifferentd) Disagreee) Strongly disagree 12. How far do you agree that you feel safe being associated with our brand? a) Strongly agreeb) Agreec) Indifferentd) Disagreee) Strongly disagree 13. How far do you agree that we provide personal attention to our consumers? a) Strongly agreeb) Agreec) Indifferentd) Disagreee) Strongly disagree
98RESEARCH PAPER 14. How far do you agree that the company’s promotional activities are beneficial to you? a) Strongly agreeb) Agreec) Indifferentd) Disagreee) Strongly disagree 15. How far do you agree that you trust our brand? a) Strongly agreeb) Agreec) Indifferentd) Disagreee) Strongly disagree Questions on organizational performance 16. How far do you agree that you are satisfied with the product offered? a) Strongly agreeb) Agreec) Indifferentd) Disagreee) Strongly disagree 17. How far do you agree that you are satisfied with the overall service quality? a) Strongly agreeb) Agreec) Indifferentd) Disagreee) Strongly disagree 18. How far do you agree that you want to continue this relationship for many more years to come? a) Strongly agreeb) Agreec) Indifferentd) Disagreee) Strongly disagree 19. How far do you agree that you are satisfied with the customer relationship management strategies of the organization? a) Strongly agreeb) Agreec) Indifferentd) Disagreee) Strongly disagree Interview Questionnaire 1. What is the role of CRM in improving organizational performance? Please Explain 2. What are the challenges you face while developing effective CRM strategies? Please elaborate
99RESEARCH PAPER 3. What is the role of CRM tools and software in understanding your consumers? Please explain