What is meant by customer relationship management, Marketing Management

Assignment Help:

Question 1:

(a) Using an example of your choice within the tourism or hospitality sector, explain the function where a firm uses only a "direct marketing" channel for marketing its products and services.

(b) Identify and describe the different functions performed by marketing channel intermediaries within hospitality and tourism businesses.

Question 2:

(a) Explain briefly what is meant by "customer relationship management" and give some reasons for its growing importance in marketing.

(b) Explain what is meant by each of the following and discuss their importance in customer relationship management: Customer lifetime value, customer perceived value, customer satisfaction, customer equity.

Question 3:

Assume that you work for a leisure company in Mauritius and your company is evaluating a proposal to set up a theme park. This will be a major development and it is intended to attract visitors from the domestic and international markets as well as from neighbouring countries. The company wishes to estimate the expected number of visitors annually from the potential markets. Discuss the critical steps that the marketing research project has to look into.

Question 4:

Professional services organizations, such as hotels and tourism related businesses, typically sell to customers rather than clients. What does this tell you about what to consider within the nature of professional hospitality sales and what are the marketing characteristics for professional services marketers to consider when selling a service?


Related Discussions:- What is meant by customer relationship management

I, images of differentiation tools in marketing

images of differentiation tools in marketing

Solely to increase the profits, does the marketing exits solely to increase...

does the marketing exits solely to increase the profits

Circle, ABCD is a cyclic quadrilateral.O is the center of the circle if BOD...

ABCD is a cyclic quadrilateral.O is the center of the circle if BOD=16+0.find BPD

Find market-clearing price and competitive allocation, 1. Consider an econo...

1. Consider an economy in which George and Harriet consume only ale and bread. Georgeís utility function is UG = aG(bG 1) where aG and bG are his consumption of ale and bread

Why do businesses meet with failures, Question 1: If an organisation de...

Question 1: If an organisation decides to start trading internationally, besides exporting, it has various modes of entry. Critically explain and evaluate each mode of entry wi

Describe the manufacturing process , As discussed in the video lectures for...

As discussed in the video lectures for this module, the president plays many different roles: Chief of State; Chief Executive; Chief Diplomat; Commander-in-Chief; Chief Legislator.

Determine about the industrial goods, Determine about the Industrial Goods ...

Determine about the Industrial Goods   Goods meant for consumption or use as inputs in production of other products or provision of some services are called as 'industrial go

What is the importance of customer care, Question: When the customer pa...

Question: When the customer pays for a product or service, it is assumed that the product will work correctly or that the service received is as promised. Ideally, the customer

Show the advantages and disadvantages of ecommerce, Question 1: Warigon...

Question 1: Warigon is a retail company and they want to automate the payment system. Consider that you are the design engineer of that company. What are the factors that yo

Write Your Message!

Captcha
Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd