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The IUP Journal of Management Research

October '10
Focus

India is a country with a blend of traditional and modern views. On the one hand we value our handicrafts, but on the other we are at ease using the technology. The present issue publishes articles ranging from customer opinions on handicrafts,

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Customers' Perception of E-Banking: Factor Analysis
Customers' Attitude Towards Mobile Messaging Technology in Promoting CRM: A Study
Consumer Behavior Towards Tata Nano: A Perceptual Study
Buyers' Preferences for Purchase of Selected Handicrafts With Special Reference to Orissa
Role of Hospitality Services in Tamil Nadu Tourism
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Customers' Perception of E-Banking: Factor Analysis

-- P Ambiga Devi and Malarvizhi V

Nowadays banks are working hard to attract customers and retain their market share by providing them with various innovative services through e-banking. The banks are combining new electronic delivery channels almost everyday to their existing services. Bank services are now just at the distance of one click from the mouse. Though e-banking is getting popular and spreading very fast, in India most people do not know it and people who know about it are reluctant to use it due to misconceptions like password hacking, privacy, security etc.The present study investigates the level of awareness among the customers on the use of e-banking and their expectations from e-banking. From the findings of the study, it was inferred that the customers are satisfied with the quality of e-banking services. But they face technical as well as administrative and procedural problems. Further to promote e-banking services, it is of importance that the banks must ensure quality in customer service. `Quality in work' and `satisfaction of the customers' are the two key words, which must be given sternest attention to promote a product.

Article Price : Rs.50

Customers' Attitude Towards Mobile Messaging Technology in Promoting CRM: A Study

-- Ashok Khurana and Vikas Chaudhary

Customer Relationship Management (CRM) has attracted the attention of scholars and practitioners. Mobile messaging has emerged as one of the fastest growing business technology initiatives since the web. Mobile messaging technology can be used as an integrated marketing endeavor to strengthen the brand and cultivate customer acquisition and loyalty. The present study evaluates the role of mobile messaging technology in promoting CRM.The study with the help of primary data examines the attitude of customers towards the diverse types of promotional and message alerts received by them, the preferable services/sector relating to which they would like to receive mobile messages. The study reveals that mobile messaging helps in better CRM and promotes customer loyalty.

Article Price : Rs.50

Consumer Behavior Towards Tata Nano: A Perceptual Study

-- B S Hundal and Saurabh Grover

Tata Nano was one of the longest awaited and most talked about automobile debuts in India. It is known as people's car. It is an engineering marvel to come out of India in terms of cost efficiency, fuel efficiency and space efficiency. This paper is an attempt to study the consumer behavior and also their perception towards car in the post-launch period. Factors that motivate buyers to purchase this car have also been studied.

Article Price : Rs.50

Buyers' Preferences for Purchase of Selected Handicrafts With Special Reference to Orissa

-- Manjusmita Dash

The craftsmanship of the arts and crafts embodies a tradition, which lives in the creative imagination of the artists of Orissa. The beauty and charm of its crafts has always been a source of attraction to many Indian and foreign tourists. Today Orissa handicrafts are thus reaching all corners of the world. A clear understanding of consumer behavior can give marketers a better idea of how marketing works, enabling them to devise more potent marketing strategies. Usually outdated designs do not attract buyers. In keeping with the changes in consumer tastes and preferences, artisans have to change their crafts. With change in the outlook of the present customers, artists have to work accordingly, which can fulfill the requirements of the customers. So artists, in order to satisfy and promote this business, should know the art of modern making and work according to the taste of the customers.

Article Price : Rs.50

Role of Hospitality Services in Tamil Nadu Tourism

-- R Renuka

Hospitality services are playing an important role in the Indian economy.This industry is also facing many problems which must be considered very seriously. The present study covers the role of hotel services in Tamil Nadu and the impact of tourism in India's economic development. The present condition of this industry shows that India has got bright future, because of the tremendous developments taking place in this service industry.

Article Price : Rs.50
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Automated Teller Machines (ATMs): The Changing Face of Banking in India

Bank Management
Information and communication technology has changed the way in which banks provide services to its customers. These days the customers are able to perform their routine banking transactions without even entering the bank premises. ATM is one such development in recent years, which provides remote banking services all over the world, including India. This paper analyzes the development of this self-service banking in India based on the secondary data.

The Information and Communication Technology (ICT) is playing a very important role in the progress and advancement in almost all walks of life. The deregulated environment has provided an opportunity to restructure the means and methods of delivery of services in many areas, including the banking sector. The ICT has been a focused issue in the past two decades in Indian banking. In fact, ICTs are enabling the banks to change the way in which they are functioning. Improved customer service has become very important for the very survival and growth of banking sector in the reforms era. The technological advancements, deregulations, and intense competition due to the entry of private sector and foreign banks have altered the face of banking from one of mere intermediation to one of provider of quick, efficient and customer-friendly services. With the introduction and adoption of ICT in the banking sector, the customers are fast moving away from the traditional branch banking system to the convenient and comfort of virtual banking. The most important virtual banking services are phone banking, mobile banking, Internet banking and ATM banking. These electronic channels have enhanced the delivery of banking services accurately and efficiently to the customers. The ATMs are an important part of a bank’s alternative channel to reach the customers, to showcase products and services and to create brand awareness. This is reflected in the increase in the number of ATMs all over the world. ATM is one of the most widely used remote banking services all over the world, including India. This paper analyzes the growth of ATMs of different bank groups in India.
International Scenario

If ATMs are largely available over geographically dispersed areas, the benefit from using an ATM will increase as customers will be able to access their bank accounts from any geographic location. This would imply that the value of an ATM network increases with the number of available ATM locations, and the value of a bank network to a customer will be determined in part by the final network size of the banking system. The statistical information on the growth of branches and ATM network in select countries.

Indian Scenario

The financial services industry in India has witnessed a phenomenal growth, diversification and specialization since the initiation of financial sector reforms in 1991. Greater customer orientation is the only way to retain customer loyalty and withstand competition in the liberalized world. In a market-driven strategy of development, customer preference is of paramount importance in any economy. Gone are the days when customers used to come to the doorsteps of banks. Now the banks are required to chase the customers; only those banks which are customercentric and extremely focused on the needs of their clients can succeed in their business today.

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