ended questions has been filled by the respondents. Sampling technique used: The technique used for sampling is random sample Sampling Unit: The sampling units for the questionnaire method were the LIC customers having Jeevan Saral Policy. Sample Size: The survey was conducted among 30 customers selected on random sample. Contents Introduction of Jeevan Saral 4 Organizational Objectives: 4 Organizational Strategies 5 Marketing Objective 5 Marketing Strategies 5 Situations: 5 Consumer
Premium Insurance Investment
SYNOPSIS ON CUSTOMER RELATIONSHIP MANAGEMENT PRACTICES IN SERVICE SECTOR– A COMPARATIVE STUDY OF L.I.C & BANKING IN WARANGAL SUBMITTED TO THE DEPARTMENT OF COMMERCE AND BUSINESS MANAGEMENT Dr. B. R. AMBEDKAR OPEN UNIVERSITY FOR ADMISSION INTO Doctor of Philosophy By SHRAVAN KUMAR KURAM DEPARTMENT OF COMMERCE AND BUSINESS MANAGEMENT Dr. B. R. AMBEDKAR OPEN UNIVERSITY HYDERABAD ( A. P ) CUSTOMER RELATIONSHIP MANAGEMENT PRACTICES IN SERVICE SECTOR - A COMPARATIVE STUDY OF LIC & BANKING
Premium Customer relationship management Bank Customer service
Management Report Supplier Relationship Management Introduction: The key objective for organizations in today ’s cutthroat environment and competitive era is to drive sales and increase margins. To achieve its goals by increasing sales thereby doing an increment in their margins‚ companies have paid a great deal of attention to the customer side of their businesses thus leading to the evolution of customer relationship management (CRM) that increases companies abilities to understand the
Premium Procurement Supply chain management
importance of Customer Relationship Management (CRM) and its potential to help them acquire new customers‚ retain existing ones and maximize their lifetime value. At this point‚ close relationship with customers will require a strong coordination between IT and marketing departments to provide a long-term retention of selected customers‚The role of Customer Relationship Management in banking sector is very important and the need for Customer Relationship Management to increase customer value by using
Premium Customer relationship management Bank Data mining
ARTICLE TITLE: Customer Relationship Management Can Transform the Small Business Sales Model RELEVANT TOPIC: Researching Customer Needs 1.0 INTRODUCTION In this modern world of science and technologies nowadays‚ companies in Malaysia may no longer be able to survive without prioritising customers. Regardless of the companies’ type‚ they are by no means should put customer as their king. The secret of winning customer heart is by managing relationship with them. Evans and Lindsay (2008) have
Premium Customer relationship management
resource management ASSIGNMENT ADVANTAGES OF CONTINUED RELATIONSHIP MARKETING What is relationship marketing? Relationship marketing is a more personal approach to promotion which encourages a dialogue with customers and allows more targeted communications. If done well‚ benefits include increased customer retention‚ and the generation of ’brand ambassadors’ who promote your product via word of mouth. Advantages of continued relationship marketing
Premium Customer service Marketing Customer relationship management
INTRODUCTION Customers are becoming ever more demanding‚ and in most markets they have more options to choose from than ever before. . A customer is a person who becomes accustomed to buying from you. Without a strong track record of contact and repeat purchase‚ this person is NOT your customer; he is a buyer. A true customer is grown over time. The satisfaction a customer gets from the consumption of an organization’s product or service pre-empts his or her subsequent decisions on the same products
Premium Customer Customer relationship management Marketing
The Impact of Customer Relationship Management Implementation on the UK Commercial Banking Industry 1. Introduction: The impact of customer relationship management (CRM) implementation on firm performance is an issue of considerable debate. This study proposes to examine the impact of the implementation of CRM on two functions of firm performance – cost efficiency and the ability of firms to generate profit – profit efficiency – using a large sample of UK commercial banks. The cost and profit
Premium Customer relationship management Bank Marketing
Time Management and Work Organization * Ms. Margarita Consuelo G. Pineda I found the seminar very interesting and educational in a sense that it gave lots of information about time management. Its importance was being discussed‚ and what time management really is was stated. According to the speaker time management creates a false impression. Time cannot be managed; it can only be controlled by each individual person and the way time is directed. Scheduling is extremely important when it comes
Premium Customer service Complaint Customer
A STUDY ON CUSTOMER RELATIONSHIP MANAGEMENT (CRM) IN SELECTED COMMERCIAL BANKS IN TAMIL NADU INTRODUCTION This aim of a business concern is to get profits. This concern works for a business having a long-term approach towards satisfying customer needs. Customer retention is the purpose of their business. The trend in marketing towards building relationships with customers continues to grow and marketers have become increasingly interested in retaining customers over the long run. Building
Premium Customer relationship management Marketing Customer service