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Walter Schroeder Library, Milwaukee School of Engineering
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Gustafson, Marty
Subjects
Consumer satisfaction
Customer relations -- Management
Manufacturing processes -- Decision-making
Profit
Marketing.
Database management
System design
MSEM Thesis.
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by author:
Gustafson, Marty
by title:
Customer loyalty ana...
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Customer loyalty analysis for manufacturing industries / by Marty Gustafson.
by
Gustafson, Marty
Subjects
Consumer satisfaction
Customer relations -- Management
Manufacturing processes -- Decision-making
Profit
Marketing.
Database management
System design
MSEM Thesis.
Description:
iv, 91 leaves : ill. ; 29 cm.
Contents:
Advisor: Gene Wright.
Committee members: Dr. Paul Hudec, Kimbel Nap.
Introduction -- Part 1: The business case for customer loyalty -- Part 2: Selecting the most profitable customers -- Part 3: Evaluation of loyalty programs and initiatives -- Conclusions and recommendations.
This paper is a study to determine if the positive effects of customer loyalty on profitability and sales volume seen in consumer industries are also present in traditional manufacturing industries. Current available research and sales data provided from a sample manufacturing company will be analyzed for changes in sales growth, customer retention, sales order margin and profitability. The sample data will test the loyalty theories discussed and provide a plan for other companies to follow when investigating if a loyalty effect can be seen in their industry.
When a loyalty effect is present, companies must next analyze their repeat buyers to determine buying behavior of each customer segment. Methods for segmentation and different marketing strategies for each customer type will be shown in order to provide a targeted marketing plan for companies interested in managing for improved loyalty.
Finally, several tools that can be effective in improving customer loyalty will be explained and tested. These tools include software and database management systems such as customer relationship management (CRM) and recency, frequency, monetary value (RFM) software. Organizational designs such as customer centric corporate structures will also be discussed as a strategy to improve loyalty.
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Walter Schroeder Library
Master's Theses
AC805 .G875 2003
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