New arena for IT - based Consulting
Most of the IT compnies offer solutions that essentially target improvement and optimization of their client’s operational efficiencies. But they can look further by developing solutions which can help their clients to increase their repeat customers by analyzing, measuring and building customers' loyalty. Following model can be proposed for the same :- Expectation is built through advertisements and various promotional campaigns. In other words, it is developed before the sales. Experience is built during the sales process and after-sales service. For the analysis of Customer Loyalty, experiences as well as expectations need to be analyzed because when combined, they together determine the loyalty of the customer. The business model architecture is depicted in the diagram below: The architecture shown above consists of various levels. The data layer is at the bottom level which consists of sources like existing customer database, results of any surveys conducted by the firm, dat...