Artikel

Correlation between customer relationship management system usage, product innovation, and customer satisfaction

This quantitative correlational research examined the correlations between customer relation-ship management (CRM) usage, product innovation, and customer satisfaction. The general problem was the lack of evidence indicating the use of CRM system as effective in improving small- to medi-um-size companies' performance. Hence, the specific problem was to determine the beneficial use of a CRM system for customer satisfaction and product innovation. Data were gathered through sur-veymonkey.com. A total of 97 respondents were selected as sample from 10 small- to medium-size companies to answer the survey questions. Respondents were top managers, middle managers, and first-line managers of the selected organization. Statistics of the study were provided with the help of IBM Statistical Package for Social and Sciences version 23. The findings showed a strong correla-tion between the use of CRM system and customer satisfaction. They indicated the use of CRM system could improve the relationship with existing customers, could help attract prospective customers, and could win back former customers.

Language
Englisch

Bibliographic citation
Journal: Foundations of Management ; ISSN: 2300-5661 ; Volume: 11 ; Year: 2019 ; Issue: 1 ; Pages: 23-32 ; Warsaw: De Gruyter

Classification
Management
Production Management
IT Management
Management of Technological Innovation and R&D
Technological Change: Choices and Consequences; Diffusion Processes
Subject
correlation design
CRM system
customer satisfaction
product innovation
quantitative re-search

Event
Geistige Schöpfung
(who)
Elfarmawi, Wouroud
Event
Veröffentlichung
(who)
De Gruyter
(where)
Warsaw
(when)
2019

DOI
doi:10.2478/fman-2019-0002
Handle
Last update
10.03.2025, 11:43 AM CET

Data provider

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ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. If you have any questions about the object, please contact the data provider.

Object type

  • Artikel

Associated

  • Elfarmawi, Wouroud
  • De Gruyter

Time of origin

  • 2019

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