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Evolution of customer relationship management to data mining-based customer relationship management: a scientometric
Minnu F Pynadath1,2, T M Rofin3, Sam Thomas4
1Rajagiri Business School Kakkanad, Kochi, Kerala 682039 India.
This study analyzes customer relationship management (CRM) research, highlighting data mining-based CRM. Future trends point towards machine learning and artificial intelligence in CRM development.
Area of Science:
- Business and Management
- Information Science
- Data Science
Background:
- Customer Relationship Management (CRM) research is extensive but lacks a focused summary comparing it with data mining-based CRM.
- Existing literature often concentrates on specific industries, leaving a gap in comprehensive overviews.
Purpose of the Study:
- To conduct a scientometric analysis of CRM research output from 2000-2020.
- To specifically evaluate and contrast CRM research with data mining-based CRM.
- To identify emerging trends and future research directions in the CRM domain.
Main Methods:
- Bibliometric data extraction from the Web of Science database (2000-2020).
- Descriptive and scientometric analysis to establish the bibliometric profile of CRM research.
- Multiple Correspondence Analysis (MCA) and clustering to map the conceptual structure of CRM and data mining-based CRM.
Main Results:
- The study maps the bibliometric profile and conceptual structure of CRM and data mining-based CRM research.
- Analysis reveals a significant trend towards machine learning and artificial intelligence techniques in future CRM research.
- Identified key research areas and the evolution of the CRM domain.
Conclusions:
- The research provides a comprehensive overview of the CRM and data mining-based CRM landscape.
- Future CRM research is strongly indicated to leverage advancements in artificial intelligence and machine learning.
- The study offers valuable insights for researchers and practitioners navigating the evolving field of CRM.
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