Interactions in Virtual Customer Environments (VCEs) toward Customer Relationship Management (CRM): A Study of Tourist Hotels in Sri Lanka

With the introduction of digitalization, Virtual Customer Environments (VCEs) play a significant role in the business world and it has become a strategic indicator for the success of business. Consequently, business entities have established VCEs, which enable customers and firms to virtually inter...

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Main Authors: Ishani Weerasinghe, B.N.F. Warnakulasooriya
Format: Article
Language:English
Published: EconJournals 2019-01-01
Series:International Review of Management and Marketing
Online Access:http://mail.econjournals.com/index.php/irmm/article/view/7341
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author Ishani Weerasinghe
B.N.F. Warnakulasooriya
author_facet Ishani Weerasinghe
B.N.F. Warnakulasooriya
author_sort Ishani Weerasinghe
collection DOAJ
description With the introduction of digitalization, Virtual Customer Environments (VCEs) play a significant role in the business world and it has become a strategic indicator for the success of business. Consequently, business entities have established VCEs, which enable customers and firms to virtually interact and build a relationship with each other. This study examines the impact of customer interactions in such VCEs on the nature of customer-business relationships of tourist hotels in Sri Lanka. The study is significant to Sri Lankan context as no studies have been conducted in this field. The study was developed and tested a conceptual model using a scientific quantitative research methodology. According to the results, it was found that customer interactions in VCEs associate the nature of customer-business relationships of the tourist hotels in Sri Lanka while virtual customer experience mediates the said association. Thus, VCEs should be an integral element of firms' CRM strategy in the context of the tourist hotels in Sri Lanka. Keywords: Virtual Customer Environments, Customer Interactions, Customer Experience, Customer-business relationships, Customer Relationships Management. JEL Classification: M31 DOI: https://doi.org/10.32479/irmm.7341
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spelling doaj.art-b61d9ae19da94d8d85cb63bf16dc1fa12023-02-15T16:17:25ZengEconJournalsInternational Review of Management and Marketing2146-44052019-01-0191Interactions in Virtual Customer Environments (VCEs) toward Customer Relationship Management (CRM): A Study of Tourist Hotels in Sri LankaIshani Weerasinghe0B.N.F. WarnakulasooriyaM.Sc. in Management, University of Sri Jayewardenepura, Sri Lanka. With the introduction of digitalization, Virtual Customer Environments (VCEs) play a significant role in the business world and it has become a strategic indicator for the success of business. Consequently, business entities have established VCEs, which enable customers and firms to virtually interact and build a relationship with each other. This study examines the impact of customer interactions in such VCEs on the nature of customer-business relationships of tourist hotels in Sri Lanka. The study is significant to Sri Lankan context as no studies have been conducted in this field. The study was developed and tested a conceptual model using a scientific quantitative research methodology. According to the results, it was found that customer interactions in VCEs associate the nature of customer-business relationships of the tourist hotels in Sri Lanka while virtual customer experience mediates the said association. Thus, VCEs should be an integral element of firms' CRM strategy in the context of the tourist hotels in Sri Lanka. Keywords: Virtual Customer Environments, Customer Interactions, Customer Experience, Customer-business relationships, Customer Relationships Management. JEL Classification: M31 DOI: https://doi.org/10.32479/irmm.7341 http://mail.econjournals.com/index.php/irmm/article/view/7341
spellingShingle Ishani Weerasinghe
B.N.F. Warnakulasooriya
Interactions in Virtual Customer Environments (VCEs) toward Customer Relationship Management (CRM): A Study of Tourist Hotels in Sri Lanka
International Review of Management and Marketing
title Interactions in Virtual Customer Environments (VCEs) toward Customer Relationship Management (CRM): A Study of Tourist Hotels in Sri Lanka
title_full Interactions in Virtual Customer Environments (VCEs) toward Customer Relationship Management (CRM): A Study of Tourist Hotels in Sri Lanka
title_fullStr Interactions in Virtual Customer Environments (VCEs) toward Customer Relationship Management (CRM): A Study of Tourist Hotels in Sri Lanka
title_full_unstemmed Interactions in Virtual Customer Environments (VCEs) toward Customer Relationship Management (CRM): A Study of Tourist Hotels in Sri Lanka
title_short Interactions in Virtual Customer Environments (VCEs) toward Customer Relationship Management (CRM): A Study of Tourist Hotels in Sri Lanka
title_sort interactions in virtual customer environments vces toward customer relationship management crm a study of tourist hotels in sri lanka
url http://mail.econjournals.com/index.php/irmm/article/view/7341
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