Extending customer relationship management into a social context
Sarah Diffley and
Patrick McCole
The Service Industries Journal, 2015, vol. 35, issue 11-12, 591-610
Abstract:
Informed by the resource-based view, this study draws on customer relationship management (CRM) and value co-creation literature to develop a framework examining the impact of social networking sites on processes to manage customer relationships. Facilitating the depth and networked interactions necessary to truly engage customers, social networking sites act as a means of enhancing customer relationships through the co-creation of value, moving CRM into a social context. Tested and validated on a data set of hotels, the main contribution of the study to service research lies in the extension of CRM processes, termed relational information processes, to include value co-creation processes due to the social capabilities afforded by social networking sites. Information technology competency and social media orientation act as critical antecedents to these processes, which have a positive impact on both financial and non-financial aspects of firm performance. The theoretical and managerial implications of these findings are discussed accordingly.
Date: 2015
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Persistent link: https://EconPapers.repec.org/RePEc:taf:servic:v:35:y:2015:i:11-12:p:591-610
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DOI: 10.1080/02642069.2015.1062882
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The Service Industries Journal is currently edited by Eileen Bridges, Professor Domingo Ribeiro, Ronald Goldsmith, Barry Howcroft and Youjae Yi
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