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Correlation Between Customer Relationship Management System Usage, Product Innovation, And Customer Satisfaction Cover

Correlation Between Customer Relationship Management System Usage, Product Innovation, And Customer Satisfaction

Open Access
|Mar 2019

Abstract

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 correlation 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.

DOI: https://doi.org/10.2478/fman-2019-0002 | Journal eISSN: 2300-5661 | Journal ISSN: 2080-7279
Language: English
Page range: 23 - 32
Published on: Mar 26, 2019
Published by: Warsaw University of Technology
In partnership with: Paradigm Publishing Services
Publication frequency: 1 issue per year

© 2019 Wouroud Elfarmawi, published by Warsaw University of Technology
This work is licensed under the Creative Commons Attribution-NonCommercial-NoDerivatives 4.0 License.