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Author:Nairn, A.
Bottomley, P.
Title:Something approaching science? Cluster analysis procedures in the CRM era
Journal:International Journal of Market Research
2003 : VOL 45:2, p. 241-261
Index terms:CUSTOMER RELATIONSHIP MANAGEMENT (CRM)
CLUSTER ANALYSIS
SEGMENTATION
Language:eng
Abstract:Customer Relationship Marketing (CRM) is an important part of marketing process; firms invest a lot of money to CRM. Even firms invest a lot of money to CRM projects, over 50 % of these projects donĀ“t meet benefit objectives. This article reports the findings of a segmentation process and the purposes of segmentation in connection with CRM. Authors offer theoretical, practical and technical advices that firms can improve their CRM performance.
SCIMA record nr: 251083
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