Customer Relationship Management. Websites Analysis of the Top Ten Consumer Goods Companies
Customer relationship management (CRM) became one of the marketing practices that is assumed to bring success to companies in recent years. Therefore, the present research aims to identify the level of development of CRM in the top ten consumer goods companies as ranked at world level in 2021. Diff...
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Format: | Article |
Language: | English |
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Sciendo
2023-12-01
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Series: | Management Dynamics in the Knowledge Economy |
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Online Access: | https://www.managementdynamics.ro/index.php/journal/article/view/552 |
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author | Alexandru Ioan Rîpa Luminița NICOLESCU |
author_facet | Alexandru Ioan Rîpa Luminița NICOLESCU |
author_sort | Alexandru Ioan Rîpa |
collection | DOAJ |
description |
Customer relationship management (CRM) became one of the marketing practices that is assumed to bring success to companies in recent years. Therefore, the present research aims to identify the level of development of CRM in the top ten consumer goods companies as ranked at world level in 2021. Different models describe components of the CRM and the present research uses the theoretical framework proposed by Sin et al. (2005) that comprises four CRM dimensions: key customer focus, CRM organization, knowledge management and technology-based CRM. The methodology employed includes documentary research based on the public information available on the websites of the selected companies. Two types of analyses are conducted, descriptive analysis and comparative analysis. On overall, the dimension that is the most visible is the key customer focus, while the dimension that is the least visible is CRM organization. The results reveal that CRM is present in all top ten companies, but at different levels of development. US companies are more oriented towards CRM than companies originating from other countries. Companies that have a more developed CRM act in the direction of all four CRM dimensions.
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first_indexed | 2024-03-07T14:08:12Z |
format | Article |
id | doaj.art-cb68041aff274228a3f4645e38285092 |
institution | Directory Open Access Journal |
issn | 2286-2668 2392-8042 |
language | English |
last_indexed | 2024-03-07T14:08:12Z |
publishDate | 2023-12-01 |
publisher | Sciendo |
record_format | Article |
series | Management Dynamics in the Knowledge Economy |
spelling | doaj.art-cb68041aff274228a3f4645e382850922024-03-06T18:35:50ZengSciendoManagement Dynamics in the Knowledge Economy2286-26682392-80422023-12-01114Customer Relationship Management. Websites Analysis of the Top Ten Consumer Goods CompaniesAlexandru Ioan Rîpa0Luminița NICOLESCU1Bucharest University of Economic StudiesBucharest University of Economic Studies Customer relationship management (CRM) became one of the marketing practices that is assumed to bring success to companies in recent years. Therefore, the present research aims to identify the level of development of CRM in the top ten consumer goods companies as ranked at world level in 2021. Different models describe components of the CRM and the present research uses the theoretical framework proposed by Sin et al. (2005) that comprises four CRM dimensions: key customer focus, CRM organization, knowledge management and technology-based CRM. The methodology employed includes documentary research based on the public information available on the websites of the selected companies. Two types of analyses are conducted, descriptive analysis and comparative analysis. On overall, the dimension that is the most visible is the key customer focus, while the dimension that is the least visible is CRM organization. The results reveal that CRM is present in all top ten companies, but at different levels of development. US companies are more oriented towards CRM than companies originating from other countries. Companies that have a more developed CRM act in the direction of all four CRM dimensions. https://www.managementdynamics.ro/index.php/journal/article/view/552customer relationship management (CRM); CRM dimensions; consumer goods; web analysis |
spellingShingle | Alexandru Ioan Rîpa Luminița NICOLESCU Customer Relationship Management. Websites Analysis of the Top Ten Consumer Goods Companies Management Dynamics in the Knowledge Economy customer relationship management (CRM); CRM dimensions; consumer goods; web analysis |
title | Customer Relationship Management. Websites Analysis of the Top Ten Consumer Goods Companies |
title_full | Customer Relationship Management. Websites Analysis of the Top Ten Consumer Goods Companies |
title_fullStr | Customer Relationship Management. Websites Analysis of the Top Ten Consumer Goods Companies |
title_full_unstemmed | Customer Relationship Management. Websites Analysis of the Top Ten Consumer Goods Companies |
title_short | Customer Relationship Management. Websites Analysis of the Top Ten Consumer Goods Companies |
title_sort | customer relationship management websites analysis of the top ten consumer goods companies |
topic | customer relationship management (CRM); CRM dimensions; consumer goods; web analysis |
url | https://www.managementdynamics.ro/index.php/journal/article/view/552 |
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