Customer Relationship Management for Luxury Skin Care Brands in the Selective Cosmetics Sector: A situational analysis considering communication tools, opportunities and limitationsdiplom.de, 2004 M07 16 - 79 pages Inhaltsangabe:Abstract: This thesis discusses the validity of Customer Relationship Management for luxury skin care brands in the selective cosmetics sector. Luxury skin care brands face limitations in applying CRM strategies due to their selective distribution strategy. The value of CRM is determined by analyzing communication tools, CRM opportunities and limitations. The example of Club Biotherm , a luxury skin care brand s customer loyalty program, illustrates the findings, and recommendations are made in order to successfully implement a CRM strategy. Key Words: Customer value, Customer segmentation, Customer loyalty, Communication tools, Direct Marketing, Customer loyalty programs, Channel conflict management. Zusammenfassung: In der vorliegenden Diplomarbeit wird die Gültigkeit von Customer Relationship Management für Luxusmarken der Selektiven Kosmetik untersucht. Bei der Umsetzung von CRM Strategien werden Luxuskosmetikmarken mit Grenzen konfrontiert, welche durch das selektive Vertriebssystem entstehen. Die Wertigkeit von CRM wird anhand der Kommunikationsmaßnahmen, Chancen und Grenzen analysiert. An dem Beispiel des Club Biotherm , einem Kundenbindungsinstrument einer selektiven Luxuskosmetikmarke, werden die Ergebnisse erläutert sowie Handlungsempfehlungen entwickelt, um eine CRM Strategie erfolgreich durchzuführen. Schlüsselbegriffe: Kundenwert, Kundensegmentation, Loyalität, Kommunikationsmaßnahmen, Direkt Marketing, Kundenbindungsprogramme, Vertriebsmanagement. Inhaltsverzeichnis:Table of Contents: ABSTRACTI LIST OF ABBREVIATIONSIII TABLE OF CONTENTSIV LIST OF FIGURES AND TABLESVI APPENDIXVII 1.INTRODUCTION1 1.1PROBLEM AND OBJECTIVE1 1.2STRUCTURE2 2.CORNERSTONES OF CUSTOMER RELATIONSHIP MANAGEMENT3 2.1IMPORTANT CUSTOMER RELATIONSHIP MANAGEMENT FACTORS4 2.1.1Customer Value4 2.1.2Customer Segmentation6 2.1.3Customer Loyalty9 2.2COMMUNICATION TOOLS WITHIN A CRM STRATEGY15 2.2.1Communication Channels15 2.2.2Customer Loyalty Programs18 3.CRM ANALYSIS IN THE LUXURY SKIN CARE MARKET21 3.1THE LUXURY SKIN CARE MARKET21 3.2RESEARCH QUESTION AND RESEARCH DESIGN23 3.3DATA COLLECTION AND INTERVIEW DESIGN25 3.4LIMITATIONS IN THE CHOSEN APPROACH27 3.5RESULTS OF THE CRM ANALYSIS27 4.INTERPRETATION OF THE CRM ANALYSIS IN THE LUXURY SKIN CARE MARKET31 4.1INTERPRETATION OF COMMUNICATION TOOLS31 4.1.1Case study Club Biotherm 31 4.1.2Direct Mail33 4.1.3Telemarketing34 4.1.4E-Mail Marketing35 4.1.5Online [...] |
Contents
CRM ANALYSIS IN THE LUXURY SKIN CARE MARKET | 21 |
INTERPRETATION OF THE CRM ANALYSIS IN THE LUXURY SKIN | 27 |
RECOMMENDATIONS | 52 |
SUMMARY | 65 |
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Customer Relationship Management for Luxury Skin Care Brands in the ... Tanja Walker No preview available - 2004 |
Common terms and phrases
according activities addition Advantage analysis applied approach average behavioral benefits bonding build buyers campaign Club Biotherm club members communication channels communication tools concept Consequently considered consumers cooperation cosmetics costs CRM strategy customer loyalty programs Customer Relationship Management customer segmentation customer value determine direct mail direct marketing discussed distribution Douglas E-mail effects emotional loyalty equity example fact FIGURE Finally Furthermore Germany give high value higher identify impacts important increase indicates individual Internet interviews limitations luxury brands luxury skin luxury skin care measured Medium mobile Moreover objective offer opportunities overall percent Performance perfumeries personalized positive possible presence profit purchase Pyramid question receive Relevance represent response retailers retention sample selective shows skin care brands skin care market strategy understanding volume