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

Buying motives, buying motives of industrial customer

buying motives of industrial customer

What is the means to beat the market and stocks , 1. You are provided with ...

1. You are provided with a file labeled "MULTIBETA11DAT," with monthly data running from January of 2006 through June of 2011. Use the data to estimate a four-variable model (by us

Evaluate the concept of the product life cycle, Question 1: Evaluate th...

Question 1: Evaluate the concept of the "product life cycle" (PLC) as a strategic management tool. Use examples to show how components of the marketing mix alter and change in

Cisco case tsudy, How is building a brand in a business-to-business context...

How is building a brand in a business-to-business context different from doing so in the consumer market?

Price and promotion, Price       The big sales will come from the ice c...

Price       The big sales will come from the ice creams and the diet cake following the representatives prices RM2 for a single scoop of ice cream, RM3 for a double scoop( excl

A-b split, A-B Split is a method of examining the effectiveness of media or...

A-B Split is a method of examining the effectiveness of media or marketing methods. Using A-B split marketing, a list of target names is divided into two groups on a random basis,

Explain about the straight rebuy purchase, Explain about the straight rebuy...

Explain about the straight rebuy purchase. A straight rebuy purchase: It is a routine purchase of similar products under roughly the same terms of role. The buyers choose

Trigogometry, If b+c=3a,then the value of cotB/2 cotC/2 is equal to....

If b+c=3a,then the value of cotB/2 cotC/2 is equal to....

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