Customer Relationship Management in New Business Models
Marcel Röser
Abstract:Customer relationship management is essential because companies are customer-centric, especially in new business models. In some sectors, each individual customer can determine the company’s success in a significant extent. A well-founded decision-making process reduces the number of critical situations, particularly in volatile markets. Furthermore, a trustful customer relationship has several advantages, for example, reduced transaction costs with less information asymmetries. A forward-looking customer rela… Show more
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