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Loyalty/reward programmes : are they the most influential strategic solution for client retention?

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dc.contributor.author Krajnc, J.
dc.date.accessioned 2009-04-06T13:52:22Z
dc.date.available 2009-04-06T13:52:22Z
dc.date.issued 2007-11-30
dc.identifier.uri http://hdl.handle.net/10500/141
dc.description.abstract The biggest challenge facing organizations in service industry today is that of customer retention. Loyalty/reward programmes have been promoted as the ultimate strategic solution towards customer retention by some industry experts, while the others question its influential potential as a customer retention strategy. The primary purpose of this research was to establish whether loyalty/reward programmes, as one of the main contributing Customer Relationship Management (CRM) factors, are either simply a fad or actually a fab solution! Subsequently, the research focused on the evaluation of the three most noted and influential CRM components in current literature and concluded that service quality and customer contact rated higher than loyalty/reward programmes with what should be considered the ultimate critic, namely the customer, or rather 60 of them. en
dc.format.extent 1 online resource (vii, 143 leaves) : color illustrations
dc.language.iso en en
dc.publisher University of south Africa en
dc.subject Loyalty programmes en
dc.subject Reward programmes en
dc.subject.ddc 658.12
dc.subject.lcsh Consumer satisfaction
dc.subject.lcsh Customer relations -- Management
dc.subject.lcsh Customer services
dc.title Loyalty/reward programmes : are they the most influential strategic solution for client retention? en
dc.type Research Report en
dc.description.degree M.B.L.


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