Marketing metrics' usage: Its predictors and implications for customer relationship management |
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Authors: | Li Ling-yee |
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Institution: | Department of Marketing and International Business, Lingnan University of Hong Kong, Tuen Mun, New Territories, Hong Kong |
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Abstract: | This research aims to determine the conditions that foster use of marketing metrics in customer relationship management (CRM) and identify the organizational factors that strengthen/weaken the impact of usage of marketing metrics on CRM performance. Based on the customer value-based theory of the firm and the contingency perspective, a research framework was developed to shed light on the predictor roles of customer value-based organizational culture and processes in determining usage of marketing metrics, and foster an understanding of the moderating roles of marketing-supply chain conflict, and innovative value proposition on the marketing metric-performance relationships. Empirical evidence from a sample of 209 business firms confirmed the main effect that customer value-based organizational culture and processes support a firm's use of marketing metrics that in turn enhance its CRM performance. Notable moderating effects were also identified. Although marketing-supply chain conflict weakens the impact of marketing metrics usage in achieving superior CRM performance, innovative value proposition strengthens the conversion of marketing-metric-related knowledge into superior CRM performance. |
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Keywords: | Marketing metrics Customer relationship management Value-based organizational culture and processes Cross-functional conflict Innovative value proposition |
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