Analysis into the Customer Relationship Management

Paper Type:  Essay
Pages:  7
Wordcount:  1681 Words
Date:  2021-03-19

1.0. Study Background

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Customer experience is one of the products used for interactions between clients and the business organizations for the entire duration of their relationship. The interaction between the two parties includes awareness, attraction, cultivation, discovery and advocacy among others. The perception of the customer on rational, emotions, psychological interactions and sub-consciousness with any component of the organization constitutes customers experience. The perceptions of the customers influence their behaviors and establish memories that drive their loyalties to the business enterprises and also influence the economic values attached to the organization. Customers experiences management therefore represents a complex process of comprehending the organizational relationship with their clients. When this concept is addressed efficiently, it may result into eased customers acquisitions and drive their loyalty for the business. As a result, this process results into enhanced customers retention (Schmitt, 2009).

Customer's experience also entails both the interactions via traditional channel including purchases, call center communications and customers service requests among others. Besides, it also entails other mechanisms such as social network including facebook and twitter among others. In order to effectively manage customers experience, businesses requires to establish strategies that entails all relevant customer touch points throughout the organization. The concept of customer experience management is therefore a collection of processes within a company that are used track, organize as well as oversee each level of interactions between clients and the organization via the customer lifecycle processes. The main aim of the customer relationship management is the optimization of interactions between customers and the business from the perspective of the clients hence fostering customers loyalty in the long-run (Frow & Payne, 2007). In particular, this study focuses on enhancing customers experience management through a consideration of the automotive or car service industry. The industry has been associated with various changes in the recent times including the introduction of the modest technologies and changing consumers tastes and preferences.

1.2. Significance:

This study seeks to generate concrete analysis into the customer relationship management. In particular, the study produces an elaborate consideration of the automotive sector that entails the considerations of profound issues that influence business-customers relationship in the automotive marketing segment. In this regard, this study generates a clear understanding of the ultimate impacts of customer relationship management with special insights from the automotive industry hence enhanced moderation of customers relationship management in the automotive industry.

2.0. Research Strategies

In order to spearhead effective realization of the study objectives, this study employs several strategies that are aimed at enhancing results generation. In particular, this study considers the real intent of the study from a scientific point of view. In particular, this study will focus on both online data for up to date information regarding the automobile mobile industry and the use of other sources of secondary data that would inform some of the basic aspects of marketing in the automobile industry. Besides, this study also employs surveys on matters pertaining to data collection and processing. The study also encompasses secondary data such as internal sources such as customers data bases in the LinkedIn among other customer profile perspectives (Grewal & Kumar, et al. 2009). Similarly, periodicals with specific focus to automobile industry trends will also constitute one of the most important sources of information to supplement primary data sources available to the researcher.

Similarly, this study also acknowledges the importance of creativity in marketing research. In particular, in order to enhance the scientific attribute of the study, this study involves conducting research in controlled environment with different variables that can be easily identified and controlled with replication capabilities. The creativity of marketing studies is essential since some individual could be reluctant to respond to marketing research while collecting primary data from individual consumers. For instance, the study acknowledges the fact that people are not always ready to express their own feelings or ideas freely. With this understanding, the study use neutral questions in moderation of the study inquest (Misztal & Belu, 2016). In this regard, this study will ensure non-biased inquest is manifested across the entire spectrum of review.

3.0. Findings

In recent times, customers have increasingly become smarter and highly connected. Besides, they have also grown more demanding than any other time before. This trend has not spared the automotive industry. This means that every phase of the automotive clients life cycle starting from pre-purchase to ownership and transition presents novel challenges as well as opportunities to the businesses that need to be factored into their business management profiles. For instance, there has been media fragmentation and enlargements. The later entails the manner in which manufacturers of retailers communicates to lure new clients into their business segments. Similarly, another challenge has been posed by a condition of abundant data supplies (Miller & Vieregge, 2010). This aspect constitutes the manner in which manufacturers analyze consumers data in order to understand their categorization in the high market or even what categories of vehicles the top consumers are searching for.

In addition, the automotive market also has increased expectations from the clients. This aspect considers some of the aspects such as if the business dealers have been delivering the best customers experiences for every individual. Similarly, the relevant communications also matters in this industry on how the manufacturers or dealers manipulate and tailors quick expansion of communication channels to realize their expectations of different consumers while at the same time understanding the right offers to attract clients for subsequent purchases (Misztal & Negoita, 2013). It is very important to manage the automotive customers life cycle through leverage on data to drive profitability and subsequent customers retention in order to deliver consumers experience.

In the automotive industry, many enterprises have customized learning solutions for their clients that helps generate more motivated clients through designing of an exclusively employee-centered knowledge base in order to better answer customers inquiries. In this regard, automotive enterprises have been focusing on delivering a 360-degree perspective of the clients as well as their cars in order to lift consumers satisfaction scores as well as enhancing the customers lifetime value. In particular, many business enterprises in the automotive industry have also adopted the modest technologies that assist clients in integrating platforms that optimize online or web services for effective service delivery to the clients. These enhancements have been a major contributor towards enhanced customer satisfaction (Taylor & Duvall, 2010).

The automotive industry has been longstanding dependent on innovations that develops the contemporary super-advanced cars. Such innovations have consistently revolutionized automotive consumers experience. For instance, one of the changes in the industry has been the need for faster horses which implies speedy vehicles. For instance, through this concept of fast horses revitalized the focus of Henry Ford in the automotive production through the newly defined concept of innovation as the introduction of novel ideas and methods. Other than faster horses, the world has automobiles which have made it hard to imagine life devoid of game-changing innovations. The modern automobiles have been a product of progressive innovations that has led to progressive improvements by majority of manufacturers including Ford (Yadav & Goel, 2008).

Similarly, the automotive producers note the essence of customers centricity within the industry. The contemporary consumers are also more informed and have been manipulating knowledge to empower their decisions but have not been comparing with their competitors within the same industry. Customers anticipate the best experience in the market for automobiles today than any other time in history. This creates considerable challenge to the manufacturers and marketers in enhancing consumers experience (Godlevskaja & van der Wiele, 2011). Studies carried out in 2013 indicated that more than 50 percent of the automotive consumers consider customers experience as very highly ranked in the decision making profile. Besides, about 68 percent of the consumers also consider engaging in the business activities within the automotive industry on the basis of positive communication (Bruhn & Hadwich, 2013).

In the industry, enhanced connectivity has also effectively revolutionized vehicles. Almost every aspect of todays automotive business engagements have been connected via the web. This aspect has enabled many clients to become effectively connected through the web as well. In the study of automotive marketing segments, there has been identification of several issues that the automakers must resolve. For instance, through the advanced technologies across multiple sectors and the web connections, there have been concerns that future automobiles must be connected to the internet as well. This aspect would help drive an enhanced customers experience. Web-linked cars are also considered to be next to the digital frontier as well as essential constituents of the automotive industrys measures to lure younger car buyers (Humphrey & Memedovic, 2013). This implies that individuals that are essential constituted within the framework of modern auto demand therefore focus on the technology enabled autos that are very important to the industrys future growth and sustenance (Shaw, 2007). For instance, the ability of the drivers to use their social media via their vehicles also complements the overall goal.

Recent studies into the automobile consumers experience is regarding the engineering technologies, there has been a projection that foresees a situation that by 2020, there will be approximately 152 million cars that have active connectivity with internet enabled enhancements on the roads globally. As a result, this implies that there will be a $14.5 billion of values from big data assets such as locations, diagnostic and user experience among other enhancements on the automobiles. These elements are expected to boost the performances of the auto-market players that have seized and integrated this technology into their working profiles. Technology enhancement is expected to boost sales in automobiles, value additions and the overall consumers experience in the automobile sector in future (Grewal & Kumar, 2009).

Some of the benefits associated with connected vehicles are robust. This technology does not only generate information for drivers such as allowing them absorb alternative routes to maneuver through traffic but also create proactive alerts for owners and the vehicle manufacturers or even dealing with car issues that appertains to its progress. These aspects have been characteristic developments between individual car users which determine their overall experience. In essence, research indicates that the power to drive the entire consumer bases is largely anchored on the hands of the consumers. With the GPS syste...

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Analysis into the Customer Relationship Management. (2021, Mar 19). Retrieved from https://proessays.net/essays/analysis-into-the-customer-relationship-management

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