Application of Customer Relationship Management in Emerging Economies

Journal Title: UNKNOWN - Year 2013, Vol 1, Issue 1

Abstract

Purpose- Relatively few organizations have implemented an integrated approach, which addresses all the key strategic elements of CRM. Even in more developed countries only a small number of businesses have a clear idea of what they should do with information technology in order to successfully implement CRM. Design/methodology/approach- To do so, the literature is critically reviewed and main findings are presented in different categories. Findings- The role of information technology in development of a fully integrated CRM system with-in any organization is presented in the present paper. Research Implications- In many countries there is still confusion as to what CRM is all about. To some it is about a loyalty scheme, to some it is about a help desk. To others it is about a relational data base for key account management and for others it is about mass profiling the customer base without undertaking detailed segmentation. Findings highlight the realities in the area of CRM application in emerging economies and criticizes the existing trends. Originality/value- The present study is among the first studies that highlights the realities in the area of CRM application in emerging economies.

Authors and Affiliations

Ali Maleki, Mehdi Beheshtian Ardakani

Keywords

Related Articles

The Effectiveness of “PLANS (Personality Fit Business)” Training on Choosing Business Categories

Many entrepreneur students run their businesses which are not congruent with their personality and it will affect the effectiveness of business performance. According to Holland (1985), congruency between personality and...

Implementing Public Policy for Business Development: The National Entrepreneurship Development Company

Entrepreneurship creation has been supported by many entrepreneurship development policies which have been implemented with various cross-cutting mechanisms. Such policies have been designed and executed within the inter...

What can Schumpeter tell us about women entrepreneurship in Iran?

Offering a view of entrepreneurship enhanced by innovation, Schumpeter underlined its importance in modern economics and business. The case of Iran, an economy recently opening to international markets and recovering fro...

Entrepreneurial Finance: A Review of the Domain

Entrepreneurial finance is the study of value and resource allocation, applied to new ventures. This could be done in several ways, and each way includes several points to be taken into account. This paper tries to scrut...

Economic Process and Entrepreneurship

There is a robust body of knowledge around the theory of Entrepreneurship, but the lack of a comprehensive and widely accepted view to describe this phenomenon is obvious. There is two main streams in entrepreneurship li...

Download PDF file
  • EP ID EP214927
  • DOI -
  • Views 81
  • Downloads 0

How To Cite

Ali Maleki, Mehdi Beheshtian Ardakani (2013). Application of Customer Relationship Management in Emerging Economies. UNKNOWN, 1(1), 140-150. https://europub.co.uk/articles/-A-214927