Choice Models and Customer Relationship Management

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Choice Models and Customer Relationship Management

Customer relationship management (CRM) typically involves tracking individual customer behavior over time, and using this knowledge to configure solutions precisely tailored to the customers’ and vendors’ needs. In the context of choice, this implies designing longitudinal models of choice over the breadth of the firm’s products and using them prescriptively to increase the revenues from custom...

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Strategies of Knowledge and Customer Relationship Management

In recent years, companies have integrated their customer relationship management (CRM) and knowledge management (KM) efforts because they realize that KM plays a key role in CRM success. Both knowledge management (KM) and customer relationship management emphasize the allocation of resources to business supportive activities to gain competitive advantages. The aim of this study is to inves...

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Strategies of Knowledge and Customer Relationship Management

In recent years, companies have integrated their customer relationship management (CRM) and knowledge management (KM) efforts because they realize that KM plays a key role in CRM success. Both knowledge management (KM) and customer relationship management emphasize the allocation of resources to business supportive activities to gain competitive advantages. The aim of this study is to inves...

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Mathematical programming models for revenue management under customer choice

We study a network airline revenue management problem with discrete customer choice behavior. We discuss a choice model based on the concept of preference orders, in which customers can be grouped according to a list of options in decreasing order of preference. If a customer’s preferred option is not available, the customer moves to the next choice on the list with some probability. If that op...

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ژورنال

عنوان ژورنال: Marketing Letters

سال: 2005

ISSN: 0923-0645,1573-059X

DOI: 10.1007/s11002-005-5892-2