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IOSR Journal of Environmental Science, Toxicology and Food Technology (IOSR-JESTFT)
IOSR Journal of Environmental Science, Toxicology and Food Technology (IOSR-JESTFT)

... geographic information on a platform to visualize what you can see on a space. Businesses have locations perhaps as store, supermarkets, warehouse or companies, the business locations are having references on a paper or maps. The customers have names, addresses and what they buy. The postal code can ...
The Power of CLV: Managing Customer Lifetime Value at IBM
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... model parameters, and the CLV score was computed for each customer over the next 36 months (2002 through 2004), as described in Equation (1). Further details on model estimation and model comparisons are provided in the Technical Appendix, which is available at http://mktsci.journal.informs.org. 5.1 ...
Collaborative Marketing for Electronic Resources
Collaborative Marketing for Electronic Resources

... Connecting patrons to relevant resources is a concern for libraries as more collections are removed from traditional shelves and placed in virtual spaces. The traditional marketing techniques of placing a “new-books” shelf near the front door or the positioning of ready reference volumes in a study ...
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... furniture to customers in a large metropolitan area. At a monthly executive meeting, sales rep Harry presented his idea to develop a new service: For an additional cost, customers could have a Well-Built service representative assemble the unit in their home. Harry had talked to enough customers to ...
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... freshness and quality, is more likely to move produce than price cutting. In conceptual terms, promotion is the element in an organization’s marketing mix that serves to inform, persuade and remind the market and/or the organization of a product, in the hope of influencing the recipients’ feelings, ...
Customer Segmentation based on Neural Network with Clustering
Customer Segmentation based on Neural Network with Clustering

... much information as possible from a given data set while using the smallest number of features, not only can we save a great amount of computing time and cost, but also we can build a model that generalizes better to customer segmentation[7 ]. On the other hand, reducing the dimensionality of the in ...
Assessing the Impact of Loyalty Program on Consumer Purchasing
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... 2006). The hospitality industry has come to embrace loyalty programs for diverse reasons including rewarding customers, manipulating consumer behavior, generating customer information, and increasing their market share (Xie & Chen, (2014). The early decision on hotels to introduce loyalty programs c ...
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... effects of brand image in Sports Service Industry, where they used 300 service companies in southern korea which mentioned with a high growth. Research findings indicated that A subset of the factors related to the physical environment, surrounding elements, elegance and comfort had positive effects ...
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... Finally, two popular multivariate approaches for understanding relationship marketing outcomes are the relational benefits approach and the relationship quality model. The relational benefits approach is founded on the assumption that for a long-term relationship to exist, both the service provider ...
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... In the MCM Outlook 2017 survey, 66.7% said catalog page counts were the same in 2016 as in 2015, 22.2% said they decreased and 11.1% said they increased. The survey also revealed that 44.4% of respondents increased their catalog circulation in 2016, with the same number keeping it the same and 11% d ...
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... Relationship marketing is a strategy designed to promote customer loyalty, interaction and long-term engagement with customers by providing them with information directly suited to their needs and interests and by promoting open communication. The broad objective of the study was to analyze the rela ...
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Virtual Community: Concepts, Implications, and Future Research

... Balasubramanian and Mahajan (2001) take an economic perspective and define VC as any entity that exhibits all of the following characteristics: (i) an aggregation of people, (ii) who are rational utility-maximizers, (iii) who interact without physical collocation, (iv) in a social exchange process, ...
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Influence of Customer Relationship Management (CRM) on

... than attracting new customers. But they do not have the experience of implementing retention strategies. The problem statement of this thesis proclaims that companies lack knowledge about the ways to retain customer loyalty and facilities to do that. The purpose of this thesis is to understand the i ...
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... Third, existing and potential customers often interact among themselves. This interaction strongly influences their consumption decisions, given that other customers may be more influential than company advertising. For example, potential customers often read online reviews from other customers and ...
IOSR Journal of Business and Management (IOSR-JBM)
IOSR Journal of Business and Management (IOSR-JBM)

... banking, mobile banking, mobile phone-based (phone banking), the use of Automatic Teller Machine (ATM) is one of bank's strategies in retaining and satisfying customers and in creating a competitive advantage in an effort to compete with other banks. According to Bobbitt and Dabholkar (2001) rapid u ...
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... recommendations. Several researchers have argued that direct instrumental use is quite rare (Myers et al., 1979; Varadarajan, 2003; Cornelissen and Lock, 2002, 2005; Cornelisson, 2000). However, it seems that there is a higher probability of direct and instrumental use when managers request informat ...
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Services marketing

Services marketing is a sub-field of marketing, which can be split into the two main areas of goods marketing (which includes the marketing of fast moving consumer goods (FMCG) and durables) and services marketing. Services marketing typically refers to both business to consumer (B2C) and business to business (B2B) services, and includes marketing of services such as telecommunications services, financial services, all types of hospitality services, car rental services, air travel, health care services and professional services.Services are (usually) intangible economic activities offered by one party to another. Often time-based, services performed bring about desired results to recipients, objects, or other assets for which purchasers have responsibility. In exchange for money, time, and effort, service customers expect value from access to goods, labor, professional skills, facilities, networks, and systems; but they do not normally take ownership of any of the physical elements involved.There has been a long academic debate on what makes services different from goods. The historical perspective in the late-eighteen and early-nineteenth centuries focused on creation and possession of wealth. Classical economists contended that goods were objects of value over which ownership rights could be established and exchanged. Ownership implied tangible possession of an object that had been acquired through purchase, barter or gift from the producer or previous owner and was legally identifiable as the property of the current owner.More recently, scholars have found that services are different than goods and that there are distinct models to understand the marketing of services to customers. In particular, scholars have developed the concept of service-profit-chain to understand how customers and firms interact with each other in service settings,Adam Smith’s famous book, The Wealth of Nations, published in Great Britain in 1776, distinguished between the outputs of what he termed ""productive"" and ""unproductive"" labor. The former, he stated, produced goods that could be stored after production and subsequently exchanged for money or other items of value. But unproductive labor, however"" honorable,...useful, or... necessary"" created services that perished at the time of production and therefore didn’t contribute to wealth. Building on this theme, French economist Jean-Baptiste Say argued that production and consumption were inseparable in services, coining the term ""immaterial products"" to describe them.
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