A Business Intelligence Solution for Assessing Customer Interaction, Cross-Selling, and Customization in a Customer intimacy Context
نویسندگان
چکیده
The ability to capture customer needs and to tailor the provided solutions accordingly, also defined as customer intimacy, has become a significant success factor in the B2B space in particular for increasingly "servitizing" businesses. Providers aim at achieving competitive advantages, such as cross-selling and customization by leveraging customer relationships and customer knowledge. However, the management of customer intimacy lacks analytical support. Many organizations struggle with measuring and proactively managing the degree of customer intimacy established with their customers. This work aims to remedy this issue by providing a business intelligence solution to assess three specific aspects of a customer intimacy strategy: customer interaction, customization, and cross-selling. The proposed solution CI Analytics leverages customer related data which is already available in the provider’s information system to derive customer intimacy metrics. These metrics are subsequently used to determine the investments of the provider in term of customer interaction time at both the employee and organization levels, as well as to evaluate the achieved degrees of customization and of cross-selling. This solution has been prototypically implemented and evaluated in an enterprise setting. It enables organizations to continuously measure the success of pursuing a customer intimacy strategy with their different customers.
منابع مشابه
Modelling Customer Attraction Prediction in Customer Relation Management using Decision Tree: A Data Mining Approach
In Today’s quality- based competitive world, known as knowledge age, customer attraction is of ultimate importance. In respect to the slogan “customer is always right”, customer relation management is the core of an organizational strategy playing an important role in four aspects of customer identification, customer attraction, customer retaining, and customer satisfaction. Commercial organiza...
متن کاملState of the Art and Types of Product Configuration Systems
Product configuration systems are considered to be important enablers of the mass-customization strategy. They are the most successful applications of e-technologies and artificial intelligence in e-business, particularly in customer interaction. Product configuration systems support the acquisition of the customers’ requirements while automating the order-taking process, and they allow custome...
متن کاملCustomer Retention Based on the Number of Purchase: A Data Mining Approach
Purpose: this study wants to find any relationship between the numbers of purchase and the income the customer brings to the company. The attempt is to find those customers who buy more than one life insurance policy and represent the signs of good payments at the same time by the help of data mining tools. Design/ methodology/ approach: the approach of this research is to use data mining tools...
متن کاملThe Influence of Customer Value Co-Creation Behavior on SME Brand Equity: An Empirical Analysis
Competition in the service industry is intense. To deliver value-added services, more companies are focusing on consumers as a powerful means of establishing firm performance through dialog, participation, and engagement. However, scant research has been conducted to examine whether customer value co-creation can boost brand equity, particularly among SMEs. To address these shortcomings in the ...
متن کاملExecutive Response: CRM is Changing Our Eras, the Information We Require, and Our Processes?
The perspectives brought forth by Professors Good-hue, Wixon, and Watson in their study of business benefits and appropriate targets of CRM highlights the challenges, opportunities, and expectations of CRM implementations. Their insightful description of the 'planned evolutions' alerts readers to essentials and foibles, thereby enabling executives to understand the opportunities and risks of CR...
متن کامل