Technology Impacts Relationship Marketing The Term Paper

¶ … Technology Impacts Relationship Marketing

The use of guided selling technologies is pervasively used throughout manufacturing and services companies to provide responsive support to customers online, on a 24/7 basis. Cisco, Conair, Schneider and many other companies rely on guided selling to stay more connected with their commercial accounts on a 24/7 basis (Lager, 2006). Guided selling technologies are often used to sell commodity-level products that do not extensive long sales cycles and are purchased more on brand loyalty alone. Consumables are sold for example by Staples over their websites to both consumer and commercial accounts through a guided selling system. The purpose of these systems is to provide the guidance sales representatives can give, yet guided selling can impart expertise at no cost. Cisco relies on guided selling systems to also serve their low-volume resellers and partners, as is it more cost effective using guided selling over having an individual sales representative call them (Lager, 2006).

Guided selling systems are based on a technology that applies a series of constraints to a product catalog, making it more perfectly aligned with the preferences of the customer (Ong, Lin, Nee, 2006). Called a constraint engine, the approach these software applications use is to concentrate on a unique set of customer inputs, typically gained over a website, to provide a solution set for the customer. Cisco has created a guided selling system that will configure an entire network, and American Power Conversion has also created one that can configure an entire raised floor it installation. The use of guided selling systems and configurators for the strengthening of customer relationships has been a very successful strategy on the part of the companies mentioned in addition to many others, as this technological approach saves salespersons' time while also providing customers what they need when they need it, as is the case with commodity products for example.

References

Lager, M (2006). Pointing to Profits. Customer Relationship Management, 10(5), 24-28,30. Retrieved March 13, 2008, from ABI/INFORM Global database. (Document ID: 1033819151).

Ong, K, Lin, Q., Nee, AY (2006). Web-based configuration design system for product customization. International Journal of Production Research, 44(2), 351-382. Retrieved March 12, 2008, from ABI/INFORM Global database. (Document ID: 943906011).

Cite this Document:

"Technology Impacts Relationship Marketing The" (2008, March 13) Retrieved April 20, 2024, from
https://www.paperdue.com/essay/technology-impacts-relationship-marketing-31511

"Technology Impacts Relationship Marketing The" 13 March 2008. Web.20 April. 2024. <
https://www.paperdue.com/essay/technology-impacts-relationship-marketing-31511>

"Technology Impacts Relationship Marketing The", 13 March 2008, Accessed.20 April. 2024,
https://www.paperdue.com/essay/technology-impacts-relationship-marketing-31511

Related Documents

Technology and Sports Marketing Sports' marketing is a comparatively new field and dimension within the broad concept of marketing. It is continuously evolving and changing today as society combats the free market to decide the legal and ethical limitations of business today. It is significant to note that this discipline within marketing is not clearly defined. Sports today use corporate sponsorships and television money in order to contend and pay for

Technology: Customer Relationship Management The lifeblood of any business are its customer relationships and the lifetime value of customers from one product or service generation to the next. As cost and time pressures impact a business however they often resort to dealing with customers on transactions only, not investing the time in fully understanding their needs. As the text and course have shown, the integration of technologies into customer relationship strategies

Relationship Marketing and Its Impact on Consumer Behavior Research Questions & Sub-questions Research Design & Methodology Organization of Study Secondary Research This report explores Customer Relationship management. In [articular the investigation seeks to understand the impact of relationship Marketing and Its Impact on Consumer Behavior. This issue has proven problematic for businesses because many do not have the ability to form effective relationships with customers. This deficiency costs companies customers and profits. The report sought

Marketing Involvement Consumer involvement refers to the amount of time, though and energy that a consumer puts into a particular purchase decision (McNamara, 2014). This can be categorized along the emotional/rational scale. So many small purchases like impulse purchases are low involvement. At the very low involvement end of the scale is something like fries with your burger -- you might not even want them, and accept the suggestion for them almost

Marketing Is About Service Encounter Concept of Marketing Marketing as an Organization-wide Philosophy Role of Marketing in Business Marketing Begins and Ends with the Customer Concept of Marketing Mix Impact of Globalization on Marketing What are Services Service Encounters: The Building Blocks for Customer Perceptions Impact of Globalization on Service Encounter The Importance of Encounters Marketing is about Service Encounter Concept of Marketing Marketing is all about managing strong relationship with customers. It is a process through which companies create value for their

Marketing Strategy for KitKat Desktop Publishing Creating an independent desktop publishing business from one's home is indeed an exhilarating prospect. Entrepreneurship offers one a career of truly boundless possibilities and the intoxicating freedom of being one's own boss. However, such a path is not without challenges; there are the regulatory and compliance issues, financial issues, start-up capital needed to be gathered, evaluation of technology systems, and marketing (Schulaka, 2009). When it