Performance comparison based on customer relationship management using analytic network process

Customer relationship management (CRM) is a multi-perspective business paradigm which aims maximizing the benefits gained from relationships with customers. The aim of this paper is to compare the CRM performances of e-commerce firms using a multiple criteria decision making (MCDM) approach. Analytical network process (ANP) is a MCDM methodology which can take the inner and outer dependencies among multiple criteria into consideration. As there are dependencies among CRM performance evaluation criteria, ANP is used for comparing the CRM performances of the e-commerce firms under consideration. A sensitivity analysis also provided in order to monitor the robustness of the proposed ANP framework to changes in the weights of evaluation criteria. To the authors' knowledge, this will be the first study which evaluates CRM performance using ANP.

[1]  Wayne D. Hoyer,et al.  The Customer Relationship Management Process: Its Measurement and Impact on Performance , 2004 .

[2]  Young-Gul Kim,et al.  A CRM performance measurement framework: Its development process and application , 2009 .

[3]  J. Sheth The future of relationship marketing , 2002 .

[4]  T. Saaty The Analytic Network Process , 2001 .

[5]  Semih Onüt,et al.  Transshipment site selection using the AHP and TOPSIS approaches under fuzzy environment. , 2008, Waste management.

[6]  C. Fornell,et al.  Why Do Customer Relationship Management Applications Affect Customer Satisfaction? , 2005 .

[7]  Peter J. LaPlaca,et al.  Special issue on customer relationship management , 2004 .

[8]  Injazz J. Chen,et al.  Understanding customer relationship management (CRM): People, process and technology , 2003, Bus. Process. Manag. J..

[9]  Adrien Presley,et al.  R&D project selection using the analytic network process , 2002, IEEE Trans. Engineering Management.

[10]  Lutz Kolbe,et al.  Improving performance of customer-processes with knowledge management , 2005, Bus. Process. Manag. J..

[11]  Steven P. Brown,et al.  The Changing Environment of Selling and Sales Management , 2005 .

[12]  L. C. Leung,et al.  Implementing the balanced scorecard using the analytic hierarchy process & the analytic network process , 2006, J. Oper. Res. Soc..

[13]  Charlotte H. Mason,et al.  CRM in Sales-Intensive Organizations: A Review and Future Directions , 2005 .

[14]  Michael W. Lowenstein Customer Retention : An Integrated Process for Keeping Your Best Customers , 1995 .

[15]  Alan C.B. Tse,et al.  CRM: conceptualization and scale development , 2005 .

[16]  Arun Sharma,et al.  Efficacy of financial measures of marketing: It depends on markets and marketing strategies , 2001 .

[17]  Michel Lebas,et al.  Performance measurement and performance management , 1995 .

[18]  Christos Sarmaniotis,et al.  CRM and customer-centric knowledge management: an empirical research , 2003, Bus. Process. Manag. J..

[19]  R. Kaplan,et al.  Strategy Maps: Converting Intangible Assets into Tangible Outcomes , 2003 .

[20]  P. Verhoef Understanding the Effect of Customer Relationship Management Efforts on Customer Retention and Customer Share Development , 2003 .

[21]  F. Dwyer,et al.  Developing Buyer-Seller Relationships: , 1987 .

[22]  Jui-Kuei Chen,et al.  A Pro-performance appraisal system for the university , 2010, Expert Syst. Appl..

[23]  Eunju Ko,et al.  Organizational characteristics and the CRM adoption process , 2008 .

[24]  Lawrence A. Crosby,et al.  Relationship Quality in Services Selling: An Interpersonal Influence Perspective: , 1990 .

[25]  J. Sheth,et al.  Customer Relationship Management: Emerging Practice, Process, and Discipline , 2002 .

[26]  W. Johnston,et al.  An Evaluation of Divergent Perspectives on Customer Relationship Management: Towards a Common Understanding of an Emerging Phenomenon , 2004 .

[27]  Hong-Tau Lee,et al.  Performance evaluation model for project managers using managerial practices , 2007 .

[28]  Euiho Suh,et al.  A model for evaluating the effectiveness of CRM using the balanced scorecard , 2003 .

[29]  Joseph Sarkis,et al.  Quantitative models for performance measurement systems—alternate considerations , 2003 .

[30]  Ingoo Han,et al.  The priority factor model for customer relationship management system success , 2005, Expert Syst. Appl..

[31]  Harinder Jagdev,et al.  Performance: Its meaning and content for today's business research , 2007, Comput. Ind..

[32]  Tasadduq A. Shervani,et al.  Marketing, Business Processes, and Shareholder Value: An Organizationally Embedded View of Marketing Activities and the Discipline of Marketing , 1999 .

[33]  R. Kaplan Measuring manufacturing performance: a new challenge for managerial accounting research , 1983 .

[34]  R. Kaplan,et al.  The balanced scorecard--measures that drive performance. , 2015, Harvard business review.

[35]  J. Steenkamp,et al.  The Effects of Supplier Fairness on Vulnerable Resellers , 1995 .

[36]  Anne W. Mägi,et al.  Share of wallet in retailing: the effects of customer satisfaction, loyalty cards and shopper characteristics , 2003 .

[37]  Gang Li,et al.  The Logistic Management for E-Commerce , 2008, 2008 ISECS International Colloquium on Computing, Communication, Control, and Management.

[38]  Mustafa Yurdakul,et al.  Measuring long-term performance of a manufacturing firm using the Analytic Network Process (ANP) approach , 2003 .

[39]  R. Winer A Framework for Customer Relationship Management , 2001 .

[40]  Riyad Eid,et al.  Towards a Successful CRM Implementation in Banks: An Integrated Model , 2007 .

[41]  Marshall W. Meyer Rethinking Performance Measurement: Beyond the Balanced Scorecard , 2002 .

[42]  S. Swanson,et al.  The role of relationship quality in the stratification of vendors as perceived by customers , 1998 .

[43]  Joeseph Sarkis,et al.  A methodological framework for evaluating environmentally conscious manufacturing programs , 1999 .

[44]  Sid L. Huff,et al.  An Examination of Customer Relationship Management (CRM) Technology Adoption and its Impact on Business-to-Business Customer Relationships , 2007 .

[45]  A. Payne,et al.  A Strategic Framework for Customer Relationship Management , 2005 .

[46]  Mu-Yen Chen,et al.  Measuring knowledge management performance using a competitive perspective: An empirical study , 2009, Expert Syst. Appl..

[47]  Raymond McLeod,et al.  Customer Relationship Management: Integrating Marketing Strategy and Information Technology , 2002 .

[48]  William A. Schiemann,et al.  Measurement: the missing ingredient in today's CRM strategies , 2003 .

[49]  Joseph Sarkis,et al.  Strategic analysis of logistics and supply chain management systems using the analytical network process , 1998 .

[50]  Keith A. Richards,et al.  Customer relationship management: Finding value drivers , 2008 .

[51]  Joseph S. Wholey Formative and Summative Evaluation: Related Issues in Performance Measurement. , 1996 .

[52]  Heng Li,et al.  Contractor selection using the analytic network process , 2004 .

[53]  Emmanuella Plakoyiannaki,et al.  Customer relationship management: A capabilities portfolio perspective , 2002 .