Customer Relationship Management Practices in Heritage Foods: A Study

Authors

  • I. Anand Pawar Dr. B.R.Ambedkar Open University

Keywords:

Customer concern, customer service, customer interaction, customer retention,, customer relationship.

Abstract

Customer relationship management (CRM) is an integrated approach that manages a company’s interactions with the existing and future customers. It helps to identify, acquire and maintain customers for successful growth of the business. A CRM model use smart
technology for organizing, automating, synchronizing sales, customer service, marketing, and technical support. CRM has as its aim the enhancement of a company’s ability to achieve the ultimate goal of retaining customers and so gain a strategic advantage over its competitors. This paper attempts to analyze the CRM practices at Heritage Foods in Hyderabad city. For this a sample 50 Heritage Foods customers from Hyderabad city are included. The convenience sampling method has been used to identify the store and customers visiting these stores. The results of the study are (i) advertisements and Friends & Relatives played significant role as
the source of information and creating awareness; (ii) the customers visiting at least twice in a month and purchasing dairy products at Heritage stores the reasons are: convenience, availability of variety of products and brand image when compared to their counterparts; (iii) it is found that the Heritage foods providing greater customer services and could secure good customer satisfaction through its offers; and (iv) Heritage is able to maintaining good interactions with its customers for creating long-lasting relationships.

Downloads

Download data is not yet available.

Author Biography

I. Anand Pawar, Dr. B.R.Ambedkar Open University

Associate Professor & Head
Department of Commerce, Dr. B.R.Ambedkar Open University, Hyderabad-500033 (TS)

References

Goldenberg, B.J. (2008). CRM in Real Time: Empowering Customer Relationships. Information Today, Inc., p-3.

Kotler, P., (1998). Managing Customer Relationships: Lessons from the Leaders, The Economist Intelligence Unit, 1998, p.27.

Mueller, B. (2010). “Dynamics of International Advertising: Theoretical and Practical Perspectives” Peter Lang, p.31.

Pahuja Anurag & Verma Rajesh (2008). Customer Relationship Management Need of the Hour, Marketing Mastermind, January. p. 26-29.

Peppers D. and Rogers, M., (2004). Managing customer relationships: A Strategic Framework, John Wiley & Sons, 2004.

Peppers, D. & Rogers, M. (2011). Managing Customer Relationships: A Strategic Framework. John Miley & Sons.

Pradan, S. (2009). Retailing Management: Text & Cases, 3rd edition, Tata McGraw-Hill Education.

Raab, G., Ajami, R.A., Gargeya V. & Goddard, G.J. (2008). Customer relationship management: a global perspective. Gower Publishing, p.6.

Reinartz, W. and Kumar, V., (2002). The Mismanagement of Customer Loyalty, Harvard Business Review, July 2002.

Silverstein, M. and Butman, J., (2006). Treasure Hunt: Inside the Mind of the New Consumer, Portfolio, 2006.

Sinkovics, R.R & Ghauri, P.N. (2009). New Challenges to International Marketing. Emerald Group Publishing

Sreekumar, P (2009). CRM initiative Lifetime Customer Value through Relationship Marketing. Journal of Interactive Marketing. Vol.23 (2), p-147-156.

Sunder K Shyama & Ramji (2000). Coming Closer to the Customer, Indian Management, December. p.p. 49-51.

www.heritage.com

Downloads

Published

2017-07-31

How to Cite

Pawar, I. A. (2017). Customer Relationship Management Practices in Heritage Foods: A Study. International Journal For Research In Business, Management And Accounting, 3(7), 01–08. Retrieved from https://ijrbma.com/index.php/bma/article/view/30