Important Factors for Developing and Establishing ‘Long-term Relationships’ with the Customers/Clients

In an increasingly networked society where customers can interact easily with other customers and firms through social networks and other new media, the authors propose that managing customer relationship is essential to success of modern business. The aim of this report is to find all important...

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Main Author: Visaria, Rachit
Format: Dissertation (University of Nottingham only)
Language:English
Published: 2010
Online Access:https://eprints.nottingham.ac.uk/23766/
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author Visaria, Rachit
author_facet Visaria, Rachit
author_sort Visaria, Rachit
building Nottingham Research Data Repository
collection Online Access
description In an increasingly networked society where customers can interact easily with other customers and firms through social networks and other new media, the authors propose that managing customer relationship is essential to success of modern business. The aim of this report is to find all important factors for establishing long term customer relationship. The group internship project ‘Establishing BPO Company X to helping Passionate leaders grow smarter organizations’ is used for the analysis and discussion of this topic. Author analyses CRM as a strategy not a solution which can provide enormous competitive advantage if implemented in a co-operative environment. Author explains the importance and ways of understanding the needs of the customers and how offering suitable service could create value which in turn make the customers loyal and satisfied. The CRM is presented as the system that integrates management of customers’ groups, establishment and management of companies by indicating the benefit of CRM for customers and enterprise’s employees. The report explains that in order to successfully implement CRM, it is necessary to balance and integrate technologies, processes and people. Report points out that the committed involvement of senior management is essential in promoting and supporting the concept of CRM within the organization. A combination of literature with a series of interviews with representatives of different sports clubs in UK formed the research methodology. The concepts, framework, model etc. reviewed in the literature review section form the basis for all the analysis.
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spelling nottingham-237662018-01-30T21:21:00Z https://eprints.nottingham.ac.uk/23766/ Important Factors for Developing and Establishing ‘Long-term Relationships’ with the Customers/Clients Visaria, Rachit In an increasingly networked society where customers can interact easily with other customers and firms through social networks and other new media, the authors propose that managing customer relationship is essential to success of modern business. The aim of this report is to find all important factors for establishing long term customer relationship. The group internship project ‘Establishing BPO Company X to helping Passionate leaders grow smarter organizations’ is used for the analysis and discussion of this topic. Author analyses CRM as a strategy not a solution which can provide enormous competitive advantage if implemented in a co-operative environment. Author explains the importance and ways of understanding the needs of the customers and how offering suitable service could create value which in turn make the customers loyal and satisfied. The CRM is presented as the system that integrates management of customers’ groups, establishment and management of companies by indicating the benefit of CRM for customers and enterprise’s employees. The report explains that in order to successfully implement CRM, it is necessary to balance and integrate technologies, processes and people. Report points out that the committed involvement of senior management is essential in promoting and supporting the concept of CRM within the organization. A combination of literature with a series of interviews with representatives of different sports clubs in UK formed the research methodology. The concepts, framework, model etc. reviewed in the literature review section form the basis for all the analysis. 2010 Dissertation (University of Nottingham only) NonPeerReviewed application/pdf en https://eprints.nottingham.ac.uk/23766/1/Individual_Report_Rachit.pdf Visaria, Rachit (2010) Important Factors for Developing and Establishing ‘Long-term Relationships’ with the Customers/Clients. [Dissertation (University of Nottingham only)] (Unpublished)
spellingShingle Visaria, Rachit
Important Factors for Developing and Establishing ‘Long-term Relationships’ with the Customers/Clients
title Important Factors for Developing and Establishing ‘Long-term Relationships’ with the Customers/Clients
title_full Important Factors for Developing and Establishing ‘Long-term Relationships’ with the Customers/Clients
title_fullStr Important Factors for Developing and Establishing ‘Long-term Relationships’ with the Customers/Clients
title_full_unstemmed Important Factors for Developing and Establishing ‘Long-term Relationships’ with the Customers/Clients
title_short Important Factors for Developing and Establishing ‘Long-term Relationships’ with the Customers/Clients
title_sort important factors for developing and establishing ‘long-term relationships’ with the customers/clients
url https://eprints.nottingham.ac.uk/23766/