Araştırma Makalesi

Churn Customer Management in Retail Industry: A Case Study

Cilt: 37 Sayı: 4 10 Kasım 2022
PDF İndir
EN TR

Churn Customer Management in Retail Industry: A Case Study

Öz

Retail industry is amongst the emerging industries globally, and has attracted increasing attention from practitioners and academicians. The retail environment is changing rapidly and characterized by huge competition from both domestic and foreign companies. Most of the companies produce identical goods and try to sell them at competitive prices. In this regard, finding new customers and make them a loyal one is one of the most difficult things for the retail sector. It costs five times more than keeping the old one (Idris et al., 2012). That is why, the concept of customer retention led to the emergence of a new term in the academic literature that is “Churn Management”. The aim of this study is to analyse the low and high efficient stores of Retailer X that are located in different parts of İzmir by conducting data envelopment analysis, and then examine the reasons of the churn customers in these stores both from customers and store managers perspective. Data was collected from Retailer X to conduct data envelopment analysis to find out low and high efficient stores. In the next stage, semi-structured interviews were conducted with both store managers and customers to be able to compare the perceptions of both sides. As a result of these interviews, the reasons of churn customers are classified into 7 groups that are product and stock level, price, promotions, physical atmosphere, interaction of sales personnel, after sales services and competitors.

Anahtar Kelimeler

Kaynakça

  1. Amin, A., Anwar, S., Adnan, A ., Nawaz, M., Alawfi, K., Hussain, A., & Huang, K. (2017). Customer churn prediction in the telecommunication sector using a rough set approach. Neurocomputing, 237, 242-254.
  2. Arslan, İ. K., & Ersun, N. (2011). Moda sektöründe faaliyet gösteren mağazalarda müşterilerin mağaza tercihinde mağaza tasarımının önemi ve tasarım kriterleri, Istanbul Ticaret Üniversitesi Sosyal Bilimler Dergisi. 10(19), 221-245.
  3. Bagul, N., Surana, P., Berad, P., & Khachane, C. (2021).Retail Customer Churn Analysis using RFM Model and K-Means Clustering, International Journal of Engineering Research & Technology (IJERT), 10(3).
  4. Barros, C. P., & Alves, C. A. (2003). Hypermarket retail store efficiency in Portugal. International Journal of Retail & Distribution Management, 31, 549–560.
  5. Berman, B. and Evans, J.R. (2004). Retail Management: A Strategic Perspective, Pearson Prentice Hall, Upper Saddle River, NJ.
  6. Bharti, A. (2017). Customer churn management. ACADEMICIA: An International Multidisciplinary Research Journal, 7(5), 96-102.
  7. Bi, W., Cai, M., Liu, M., & Li, G. (2016). A big data clustering algorithm for mitigating the risk of customer churn. IEEE Transactions on Industrial Informatics, 12(3), 1270-1281.
  8. Buttle, F. (2004). Customer relationship management. Routledge.

Ayrıntılar

Birincil Dil

İngilizce

Konular

İşletme

Bölüm

Araştırma Makalesi

Yayımlanma Tarihi

10 Kasım 2022

Gönderilme Tarihi

9 Şubat 2022

Kabul Tarihi

20 Ağustos 2022

Yayımlandığı Sayı

Yıl 2022 Cilt: 37 Sayı: 4

Kaynak Göster

APA
Börühan, G. (2022). Churn Customer Management in Retail Industry: A Case Study. İzmir İktisat Dergisi, 37(4), 1094-1118. https://doi.org/10.24988/ije.1070830
AMA
1.Börühan G. Churn Customer Management in Retail Industry: A Case Study. ije. 2022;37(4):1094-1118. doi:10.24988/ije.1070830
Chicago
Börühan, Gülmüş. 2022. “Churn Customer Management in Retail Industry: A Case Study”. İzmir İktisat Dergisi 37 (4): 1094-1118. https://doi.org/10.24988/ije.1070830.
EndNote
Börühan G (01 Kasım 2022) Churn Customer Management in Retail Industry: A Case Study. İzmir İktisat Dergisi 37 4 1094–1118.
IEEE
[1]G. Börühan, “Churn Customer Management in Retail Industry: A Case Study”, ije, c. 37, sy 4, ss. 1094–1118, Kas. 2022, doi: 10.24988/ije.1070830.
ISNAD
Börühan, Gülmüş. “Churn Customer Management in Retail Industry: A Case Study”. İzmir İktisat Dergisi 37/4 (01 Kasım 2022): 1094-1118. https://doi.org/10.24988/ije.1070830.
JAMA
1.Börühan G. Churn Customer Management in Retail Industry: A Case Study. ije. 2022;37:1094–1118.
MLA
Börühan, Gülmüş. “Churn Customer Management in Retail Industry: A Case Study”. İzmir İktisat Dergisi, c. 37, sy 4, Kasım 2022, ss. 1094-18, doi:10.24988/ije.1070830.
Vancouver
1.Gülmüş Börühan. Churn Customer Management in Retail Industry: A Case Study. ije. 01 Kasım 2022;37(4):1094-118. doi:10.24988/ije.1070830

İzmir İktisat Dergisi
TR-DİZİN, DOAJ, EBSCO, ERIH PLUS, Index Copernicus, Ulrich’s Periodicals Directory, EconLit, Harvard Hollis, Google Scholar, OAJI, SOBIAD, CiteFactor, OJOP, Araştırmax, WordCat, OpenAIRE, Base, IAD, Academindex
tarafından taranmaktadır.

Dokuz Eylül Üniversitesi Yayınevi Web Sitesi
https://kutuphane.deu.edu.tr/yayinevi/

Dergi İletişim Bilgileri Sayfası
https://dergipark.org.tr/tr/pub/ije/contacts


İZMİR İKTİSAT DERGİSİ 2022 yılı 37. cilt 1. sayı ile birlikte sadece elektronik olarak yayınlanmaya başlamıştır.