IDEAS home Printed from https://ideas.repec.org/a/cpn/umkeip/v16y2017i4p359-370.html
   My bibliography  Save this article

Improving the competitiveness of enterprises through effective customer relationship management

Author

Listed:
  • Agnieszka Bojanowska

    (Lublin University of Technology)

Abstract

Motivation: In today’s market, it is impossible for the company to function without reference directly to the customer and building a relationship with him relevant. Today customers are very demanding and have a bigger knowledge about products and market then yesterday. Now enterprises have many opportunities in technology and methodology through which they can establish a relationship with the customer. There are numerous solutions in the field of CRM (Customer Relationship Management) software. Very important also are outside of the CRM software tools, such as creation of the proper organizational culture that is focused on the customer. Whether the customer relationship will increase the company’s competitiveness in the market or not, depends on the effectiveness of customer relationship management in the company. Aim: The author has taken up the topic of improving the competitiveness of enterprises through effective customer relationship management. She distinguishes company’s competitiveness improving factors affected by the effective management of relationships with customers and determines the character of this impact. Additionally, in this article shall be defined determinants of the effectiveness of customer relationship management. These issues are supported by appropriate practical examples. Results: The author of this paper has made some observations in a few enterprises and some interviews with managers and enterprise owners. They are qualitative research. They can not be considered in quantitative terms. The size of the sample was not verified, the author realizes that it is unrepresentative. Customer relationship management, as a strategy, system and philosophy, is not always known to entrepreneurs. Especially sole proprietorships apply CRM intuitively and not in a structured way. Not every company uses appropriate software to collect customer data. But all managers are aware of the fact that building a lasting relationship with the customer raises competitiveness on the market. This happens even through the buzz marketing, increasing customer loyalty, rapid response to customer demand, also through the use of knowledge resulting from the data from the CRM system. Smaller companies should consider using some structured CRM solutions. Certainly it increased to their competitiveness at low cost. Whereas larger companies should focus on the use of their physical and human potential to improve the quality of customer relationships.

Suggested Citation

  • Agnieszka Bojanowska, 2017. "Improving the competitiveness of enterprises through effective customer relationship management," Ekonomia i Prawo, Uniwersytet Mikolaja Kopernika, vol. 16(4), pages 359-370, December.
  • Handle: RePEc:cpn:umkeip:v:16:y:2017:i:4:p:359-370
    DOI: 10.12775/EiP.2017.025
    as

    Download full text from publisher

    File URL: http://dx.doi.org/10.12775/EiP.2017.025
    Download Restriction: no

    File URL: https://libkey.io/10.12775/EiP.2017.025?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    More about this item

    Keywords

    CRM; marketing; competitiveness; customer; management;
    All these keywords.

    JEL classification:

    • M30 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Marketing and Advertising - - - General

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:cpn:umkeip:v:16:y:2017:i:4:p:359-370. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Miroslawa Buczynska (email available below). General contact details of provider: http://www.wydawnictwoumk.pl .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.