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3 pages/β‰ˆ825 words
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APA
Subject:
Management
Type:
Essay
Language:
English (U.S.)
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Topic:

International Waters Hotel Chain Customer Relationship Management Plan

Essay Instructions:

The Customer Relationship Management Plan
The following Course Outcomes are assessed in this assignment:
MT450-5: Create a Customer Relationship Management Plan.
GEL-8.03: Apply Critical thinking to formulate a logical solution to a problem.
Introduction: In the increasingly crowded global online marketplace, distinguishing one product from another helps the product become more competitive. One critical factor that distinguishes one brand from another is customer communications and customer relationships a company is able to build to promote and grow their brand. In this assignment, you will create a customer relationship management plan for a hotel chain.
Read the scenario, access the survey data, the template, and address the checklist items.
Scenario: A spa-centered hotel chain International Waters, Inc. (IW) has been in business for two years now. Their mission is to provide a stress-free stay for guests where relaxation is a priority. They primarily are located on the east and west coasts of the U.S. as well as the west coast of Mexico, and all their properties contain water features and spas. IW especially caters to the business customer and stressed out adults who need time away to relax and recuperate. The problem that has surfaced from their analysis of the CSR database and various customer surveys is that they cannot seem to establish a long-term connection to their customers, so few customers return. The CEO wants to address the problem and has tasked the marketing director (your role) with providing a customer relationship management plan.
Instructions: Analyze the scenario and the data provided to create your CRM plan to address the problems you identify in the template provided.
Checklist: Create a CRM Plan addressing the following:
• Write a synopsis of the problems.
• State the SMART goals to resolve the problems.
• Describe alignment of mission to market and branding.
• Outline training of staff.
• Explain how you will create brand awareness.
• Provide opportunities for product testing.
• Identify customer touch points and explain how addressed.
• Describe promotion of IW to create brand loyalty.
• Explain how you will create value for customers from their point of view.
• Provide a follow-up and summary of your plan.
Respond in 2–3 pages (minimum 600–800 words) in the template using current APA format and citation style. Submit your response to the Unit 9 Assignment Dropbox.

Essay Sample Content Preview:

International Waters Hotel Chain CSR
Institutional Affiliation
Course Code
Student ID
Lecturer’s Names
Date
International Waters Hotel Chain CSR
IW hotel being a hospitality company and people-oriented industry, Relation markrting would be the most applicable form of marketing. Relation marketing is a contemporary marketing theory that holds that the nature and strength of the relationship between a company and a customer will improve when it delivers quality and value to its customers. The relationship marketing approach focuses on customer retention, enhancing a long-term relationship with the buyer, and delivering value to the customer. Pricing of the product should not be dictated by competition but rather by negotiation and consensus and encourages marketing campaigns to focus on the target customer, tailoring their specific needs and wants. In addition, Relationship marketing emphasizes values such as trust, responsiveness to the customer, empathy, and commitment
Berry and Jackson proposed the theory and technique in 1983 and 1985, respectively (Yadav & Singh, 2014), in which the buyer and the seller has a more satisfying transaction. In today’s business world, companies are diverting from the commodity mentality as product quality is no longer a significant source of competitive advantage. Product quality is a common standard for many companies; thus, other approaches and interventions are best used by companies. To differentiate themselves, some companies use Relationship marketing as a means to set a competitive advantage, maintain their customers, and award loyalty. The change is fueled by organizational structures, culture shifts, and the availability of a robust database(Nwakanma et al., 2011). The shift is more rapid in some sectors and companies compared to others. Tourism is one of the sectors where the relationship marketing shift is happening rapidly. In addition, companies and marketers convert data into knowledge by insight, understanding, and information and apply this data to a mutually beneficial arrangement
The primary goal of International Waters, Inc.’s customer relationship management plan is to increase customer retent...
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