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Increasing Customer Loyalty via Mobile Customer Relationship Management

Increasing Customer Loyalty via Mobile Customer Relationship Management
Über dieses Buch
  • Art: Diplomarbeit
  • Autor: Silke Freitag
  • Abgabedatum: April 2002
  • Umfang: 88 Seiten
  • Dateigröße: 1,2 MB
  • Note: 1,0
  • Institution / Hochschule: Fachhochschule Wiesbaden Deutschland
  • ISBN (eBook): 978-3-8324-5689-4
  • ISBN (Paperback) :
    978-3-8324-5689-4 P
  • ISBN (CD) :978-3-8324-5689-4 CD
  • Sprache: Englisch
  • Prämierung:
  • Arbeit zitieren: Freitag, Silke April 2002: Increasing Customer Loyalty via Mobile Customer Relationship Management, Hamburg: Diplomica Verlag
  • Schlagworte: Permission Marketing, Moblie Business, Customer Lifetime Value, SMS Marketing, Wireless Services

Diplomarbeit von Silke Freitag

Abstract:

The main objective of this research was to find out and demonstrate how companies can manage to maintain and increase their customer’s loyalty with the help of Customer Relationship Management in today’s wireless world.

Due to the growing convergence of the Internet and the mobile phone, competition between companies is considerably increasing. In order to further keep their stake in the market, companies are forced to improve the relations to their customers by using new business technologies enabling them to differentiate themselves from the competition in offering personalized services especially tailored to their customers’ needs.

This thesis will concentrate on the opportunities that Customer Relationship Management offers in the wireless world. Mobile applications and instruments that enable companies to create more loyalty among their customers will be pointed out while special focus is laid on SMS-Marketing. A few examples of companies who have been successfully applying wireless marketing will be given. Furthermore, part of this thesis was to carry out an online survey during which a number of people were interviewed about their experience with mobile services and their willingness to accept wireless marketing. The survey results provided a basis upon which the acceptance of possible marketing strategies, designed to increase customer loyalty, could be judged.

Table of Contents:

Abbreviations III
Figures IV
1. Introduction 1
1.1 Problem statement 2
1.2 Limitation of research topic 3
1.3 Research procedure 4
2. M-Business: „Anywhere Anytime Access“ 5
2.1 Definition of M-Business 5
2.2 Mobile network technology 6
2.2.1 GSM 6
2.2.2 GPRS 7
2.2.3 HSCSD 8
2.2.4 UMTS 8
2.3 Service technology 9
2.3.1 WAP 9
2.3.2 Bluetooth 10
2.3.3 Short Messaging Service (SMS) 11
2.4 iMode as an alternative to WAP 11
2.5 Mobile payment solutions 14
2.5.1 Paybox 14
2.5.2 Mobilpay 16
2.5.3 Payitmobile solution 17
3. Mobile Customer Relationship Management - Key Functions and Definitions 18
3.1 Definition of Customer Relationship Management 18
3.2 CRM - A customer-oriented organizational process 19
3.3 Benefit of CRM 22
3.3.1 Improvement of image 23
3.3.2 Improvement of efficiency 24
3.3.3 Acquisition of new customers 24
3.3.4 Customer bonding 25
3.4 Customer Lifetime Value - A means to measure the success of CRM 26
3.5 CRM in the wireless world 29
3.6 Fields of application 31
3.7 Objectives of Mobile Customer Relationship Management 32
4. M-CRM as a means to increase customer loyalty 34
4.1 What is the meaning of customer loyalty? 34
4.2 Mobile Services: What do customers expect? 36
4.2.1 Survey: „What do you think about Mobile Marketing?“ 36
4.2.2 Analysis 37
4.2.3 Comment 41
4.3 The „EMF“ principle 42
4.4 Advantages of M-CRM for the customer and the provider 44
5. SMS-Advertising under the aspect of Permission Marketing 45
5.1 Permission Marketing: License to advertise 46
5.2 SMS: a two-way medium 47
5.3 Loyalty-based SMS operations 48
5.3.1 Push services or pull services? 48
5.3.2 Personalized messaging 49
5.3.3 Location Based Services 50
5.3.4 Value adding services 52
5.4 Worldwide SMS traffic 52
5.5 SMS Couponing - Example of a mobile business model 54
6. Future prospects for mobile customer relationships 56
6.1 Possible future mobile business fields 56
6.2 Multi-media messaging 57
6.3 Market forecast 58
6.4 FAQ's 59
7. Conclusion 61
Appendix V
Bibliography XIV
Ehrenwörtliche Erklärung XXIV

Arbeit zitieren:
Freitag, Silke April 2002: Increasing Customer Loyalty via Mobile Customer Relationship Management, Hamburg: Diplomica Verlag

Schlagworte:
Permission Marketing, Moblie Business, Customer Lifetime Value, SMS Marketing, Wireless Services

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