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Customer relationship marketing is the core customer centric business strategy that aims at winning and keeping profitable customers. This study investigates the determinants of customer relationship marketing in banking industry with 502 respondents. For this paper a quantitative approach has been used. Primary and secondary data were used to conduct the study. To draw the valid conclusion and test them empirically, sophisticated statistical model as Exploratory Factor Analysis (EFA) has been used. To further determine the reliability of the data, Kaiser-Meyer_olkin (KMO) and Bartlett Test of sphericity were determined. The study reveals that four factors have been extracted from the analysis that together accounted 54.893% of the total variance. These factors were categorized as convenient opportunism, information sharing, completeness and desire.
Dr. S.Sivesan. 2018. \u201cExamining the Nature of Customer Relationship Marketing in the Case Study of Commercials Bank – Sri Lanka\u201d. Global Journal of Management and Business Research - E: Marketing GJMBR-E Volume 18 (GJMBR Volume 18 Issue E6): .
Crossref Journal DOI 10.17406/GJMBR
Print ISSN 0975-5853
e-ISSN 2249-4588
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Total Score: 106
Country: Sri Lanka
Subject: Global Journal of Management and Business Research - E: Marketing
Authors: Dr. S.Sivesan (PhD/Dr. count: 1)
View Count (all-time): 138
Total Views (Real + Logic): 2971
Total Downloads (simulated): 1577
Publish Date: 2018 09, Wed
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Customer relationship marketing is the core customer centric business strategy that aims at winning and keeping profitable customers. This study investigates the determinants of customer relationship marketing in banking industry with 502 respondents. For this paper a quantitative approach has been used. Primary and secondary data were used to conduct the study. To draw the valid conclusion and test them empirically, sophisticated statistical model as Exploratory Factor Analysis (EFA) has been used. To further determine the reliability of the data, Kaiser-Meyer_olkin (KMO) and Bartlett Test of sphericity were determined. The study reveals that four factors have been extracted from the analysis that together accounted 54.893% of the total variance. These factors were categorized as convenient opportunism, information sharing, completeness and desire.
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