The Impact of CRM System Use on Companies’ Customer Understanding: The Case of the Russian Ophthalmology Market Cover Image

The Impact of CRM System Use on Companies’ Customer Understanding: The Case of the Russian Ophthalmology Market
The Impact of CRM System Use on Companies’ Customer Understanding: The Case of the Russian Ophthalmology Market

Author(s): Denis Klimanov, Ekaterina Frolkina
Subject(s): Economy
Published by: CROMAR (Hrvatska zajednica udruga za marketing) i Ekonomski fakultet Zagreb
Keywords: customer relationship management;CRM system;pharmaceutical company;customer loyalty;

Summary/Abstract: As the customer relationship management process comes to play an increasingly important role in business success, a number of authors are attempting to evaluate the impact of various CRM process components on the quality of company interaction with customers and, ultimately, on company performance. This paper explores the impact of CRM systems on the quality of companies’ customer understanding. This understanding is measured in the context of an international pharmaceutical company in the Russian market. The field research is based on quantitative data from online questionnaires and telephone interviews. The sample consists of 64 company representatives and 217 ophthalmologists. The authors developed and tested a model of physician loyalty drivers and studied employees’ perceptions of the CRM system. The findings of this paper demonstrate that, despite the fact that a CRM system is actively used and perceived as a crucial part of the customer relationship management process within the company, understanding of key customer loyalty drivers needs to be significantly improved. The paper contributes to existing theory by evaluating the link between the use of CRM applications and customer relationship performance as well as by developing a physician prescription loyalty influencers framework in the context of the Russian pharmaceutical market. This research could be used by other pharmaceutical companies as well in order to understand the influence of their CRM applications on customer loyalty and also to identify the drivers of physicians’ prescriptions.

  • Issue Year: 27/2015
  • Issue No: 1
  • Page Range: 75-92
  • Page Count: 18
  • Language: English