Historical background of Customer orientation & Real Estate, the underlying importance of the dissertation
The goal of this research paper is to study customer oriented behavior. It examines the interaction of stress and satisfaction effecting customer oriented behavior in Real estate. Employees work on the expectations of salary, bonus, comfort, self-skills and knowledge, this helps them perform better (Rousseau, 1989). Customer orientation is the methodology applied by the sales person to create long term relation with their customer to fulfill their needs (Jacob and Dodd, 2003). It is hypothesized to be a combination of two outlooks; behavior and attitudes (Stock and Hoyer, 2005). It’s considered to a psychological variable that is an outcome
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Factors that hinder these come from the stress of workload and difficulty in catching up with objectives (Hartline and Ferrell, 1996). It is very important that employees recognize their abilities and interact well with their customers, despite the stress. This automatically impacts on job performance linking to customer oriented behavior (Drown et al., 2002). What also helps in overcoming negative issues is when employee helps another employee by increasing their confidence, which tends to have higher orientation and perform better (Vandenberghe et al., 2007). The role of supervisors also is considered to be very uplifting in real estate (Susskind et al., …show more content…
It will be based on implicit and explicit factors that could be used as organizational strategy to reduce the stress of employees and improve their performance for better profits. Let’s discuss some studies that were done by researchers in this context. In period of 1997-2002, a Swedish researcher studies the role of implicit factors in Swedish real estate. The study was conducted on one real estate over those years. The limitation was that the study was focused on a specific organization and had to be re-created as the progress of this field has improved over time. It showed how the role of communication and reputation became a positive area in improving customer orientation. Another research was conducted in Australia, examining the effects of stated factors on real estate agents. The sample was for about 108 employees in this field (Sandra Gountas, 2014). The limitation of the study was that the sample size was small to generalize it for the entire organizational field. A similar study was also taken into consideration in 2009.
The concept of customer orientation and its link with stress has been a crucial issue to solve in real estate. The high sales pressure has been stimulating the performances of employees (Wright TA and Cropanzano R, 2000). The role of stress in performance was also seen by Devaney, M. (2001) where he explained how we misunderstand good stress
Salespeople at Ivan Smith Furniture and any business should strive to maintain good relationships with their customers in which is largely determined upon the level of value and the satisfaction provided the customer (Hunt et al., 2021, p.39). The best strategy for any company in any industry should be for their customers to have a good experience with the company so that the customer will come back, lead others to your company, or
When considering the actions of customers, the consideration must be made to the comprehensive experience of the customer during their experience as a customer. From entering the store, to perusing the aisles, contemplating service purchases, employee service and solicitation, to ease of purchase and exit. Each step the customer takes from outside the store, to in, and back out again all influence the overall experience and impression of the service provided by the vendor. (Zeithaml, Bitner, & Gremler, 2013) In the case of the home improvement store, Lowes, the customer experience is geared toward the homeowner rather than the commercial builder.
The client feel appreciated and constantly awed in the event that they get the most excellent service and whole management respect customers need. The impacts of consumer loyalty on client maintenance bring into presence to be a vital and positive. In particular, consumer loyalty influences the aims to keep re-customers. Consumer needs is basic to the administration of the food industry, which is typically the reason should be a particular notice rehash deals, client dedication and positive unfounded information. More satisfied clients mean long term customers.
Management is not meeting the psychological needs of the employees and breaking what Newstrom refers to as the “unwritten psychological contract” (Newstrom, 2015) employees’ sign when they become part of a company. With this part of the contract being broken, employees’ productivity decreases and therefore the economic contract becomes broken as well. As time goes on, this deepens the root cause of all issues at
When employees are less encumbered by reactions to threat and stress, they are better placed to marshal their cognitive faculties to meet the task at hand through exertion of self-control. Individuals who receive best-self activation are better placed to perform better and solve problems in very stressful conditions compared to their counterparts who never received the best-self activation. Social system effects act through interaction with other environmental processes. Best-self activation gives early advantages in terms of negotiation, perpetuation and broadening of the employee’s scope. This raises creativity and engagement since they are better placed to tackle challenges and well placed to embrace new opportunities as they arise.
There are also many supervisors that can maintain productivity at high levels, support their employees, treat them as equals, are compassionate, and are great to work with. This essay is going to attempt to understand the differences between good supervisors and the crummy ones. A lot of times supervisors may view their employees as a personal assistant. Some supervisor may from time
Courage also plays a significant role here because individuals at times attribute success to doing everything on their own or being self-sufficient. Sometimes the lack of courage to ask for help or even a second opinion causes business people to make poor choices which in turn negatively affects those with an interest in the
How do characteristics of the task and the subordinates influence Daniel’s Leadership? In path-goal, it is important to help subordinates overcome obstacles. In the study, it talked about how duplicating is tedious and straightforward Daniel spends a lot of time welcoming customers and talking to his part-time staff because it can become a very boring job ”supportive”. On the other hand, desktop publishing is a very complex area and his full-time employees have expertise in their area, however, have less time for social gathering throughout the day “achievement-oriented”. Nonetheless, they know if they have an issue Daniel will assist and support them
Specify organisational standards of customer service So the customer segment of the Ritz-Carlton is a wealthy clientele who has very high expectations since they use to get upscale products because they are ready to pay more to have more. Therefore, the differentiation of the Ritz-Carlton is made on an efficient and effective customer service. As we know the needs are general but the wants are specific, so the companies have to make the difference so as to become the customer’s wants. For example, customers will need to book an hotel room but some customers will want to book an Ritz-Carlton hotel room.
The workplace had become a high stress environment in many organizations cutting across industries. Employees were experiencing high level of stress due to various factors
In marketing, customer relation is very important, since customers play the main role in achieving ones
) There are many different kinds of support given to workers in order to help them deal with stress. Here we will be looking at types of stress support given to employees as well as their stressors, by giving examples of these derived from the case study. Types of support given can include psychological support, cognitive support, employee assistance programs and physical support (Lehrer et al, 1994). Types of stressors that employees face are work overload, work-life balance, emotional and physical labor, job ambiguity and job demands (Danna & Griffin, 1999). Under psychological support there are various mediation and relaxation techniques that are used in order to help support employees suffering from stress.
First of all customer means A person who buys goods or services from a shop or business, loyalty means the state or quality of being loyal, faithfulness to commitments or obligations. So Customer loyalty is the key objective of customer relationship management and describes the loyalty, which is established between a customer and companies, persons, products or brands. “Customer loyalty is an essential aspect in any organization whether it is offering a good or providing a service. “Many organizations are looking for various ways to increase their customer loyalty as it has a positive effect on the profitability of the organization.” (Gremler 1996: 171, Abdullah et al. 2000: 826).The individual market segments should be targeted in terms of developing customer loyalty.
Introduction At the start of this course, I had no idea what to expect. This is due to the fact that marketing is a field that offers a combination of so many different disciplines such as art, psychology, and statistics. I encounter marketing on a daily basis but have strangely enough not reflected too much about it. Nevertheless, it is a very interesting subject, which deals with promoting and selling services and products.
Consumers make purchase decisions when buying small items (such as a cup of coffee) and buying larger items such as houses. Consumers begin to search for products or services that meet their needs after recognizing their needs or needs. They evaluate their choice and pay attention to everything from pricing to brand reputation before the mark is purchased. Four consumer buying behaviour overview product purchase