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CRM
History…
CRM Evolution
Cost Reduction Strategy

BPR

Business Led

1980s

ERP

Growth Strategy

SFA

IT Led

1990s

CRM

eCRM

Marketing Led

2000s
Objectives of CRM..







Retaining existing customers
Selling more to existing customers
Finding and winning new customers
Increasing efficiency
Improving marketing and sales decision
making
Enabling process measurement –
leading to process improvement
Integrated Database
What eCRM’s all about





CRM-database access via the Web
Customers is the original idea behind
Database Marketing.
Enables access by the wider population
Remote contact tracking could be
achieved.
Marketing opportunities










Web marketing
Web self service
Automated response to email requests
Remote data warehouse access
Integrated marketing channels
Every lead can be tracked
Company can focus more on the needs of
the buyer
You don’t waste customers time and they
don’t waste yours
you can become the easiest company to
do business with
Enterprise Marketing
Automation (EMA)





Also called as EMM (Enterprise
Marketing Management).
Provides continues relationship across
multiple channels like the web, email,
efax, telephone
Helps in planning, executing, &
analyzing the campaigns in the real time
Used in following Applications






Campaign planning and
Management
Events
Promotion
Loyalty Programs
Retention Programs
Objective :



engaged the entire enterprise in the
effort and provide a single view of the
activity to any department or segment of
the company.
Providing a single view of the customer
to the entire enterprise & with the
responsibilities for the customer
Campaign planning and
Management
Identification of the prospect
Generation of the lead
Customer information capture
Distribution of leads to appropriate

segments
Campaign planning
Campaign execution
Response management
Refinement
Channel management
EMA Components
Events
 Capturing customer information
through event registration and online
interaction.
Promotion


Web- based or web integrated
marketing provides the same
marketing goodies that customers
have always been interested in:
promotions, contests, cross-selling of
products, up-selling of the products
and discount coupons.
Loyalty and Retention
Programs






Birthday greetings.
Holiday and Special occasion reminder
Delivery of the gift ideas
Welcome programs
Points based programs
Partner and channel
Management




Partner relationship management (PRM)
joint marketing programs to promote
both business and partners
For Example
Cross-selling of a company’s

complementary products.
Promotion of new versions or upgrades
products.
Joint promotions with partners or
affiliates.
Response Management


Includes banner ads, direct mail, print
ads, email, web site link, surveys, event
registration results, internet registration,
and online survey results.



gathering, analysis and refinement of
the response.
CALL CENTRE








Customer interaction center (CIC)
ACD (Automatic Call Distribution)
IVR ( Interactive Voice Response)
CTI (Computer telephony integration)
Web-Enabling the Call Center
Automated Intelligent Call Routing
Logging And Monitoring
Steps in CLC
Customer Life Cycle for Banks
Customer Life Cycle


The life cycle of the customer is the
process the customer has been
undergoing to be with company for all
the years.


This includes the customer’s purchase
history, perhaps how often he has taken
advantage of special offers directed at
him or her customer class.


Depending on what company identify as
important to customer’s return on
investment (ROI), it could also include
customers’ marketing value to company
and how much revenue that marketing
value could be worth indirectly.


To find out what is the expected revenue
generated from a single customer over
the anticipated lifetime of that
customer’s relationship with company is
both the customer life cycle and the
customer lifetime value (CLV).
Customer Interaction


Some of the value that technology
brings to the table in CRM is through
increased customer interaction that
doesn’t necessarily occur with a human
being.


It is convenience and the ability of the
customers to get something they need
without having to rely on a busy human
being, or worse, a lazy human being.


Customer Interaction is a critical
component of CRM—especially the
online variety.
Implementing CRM









Pre implementation.
Kick off meeting.
Requirements gathering.
Prototyping and detailed proposal
generation.
Development of customization.
Power User beta Test and Data Import.
Training and roll out and system hand
off.
Ongoing support, system optimization
and follow up.
Pre-Implementation Phase
Scalability of System
Toolset & flexibility of customization
Stability of existing CRM application

code
Compatibility of CRM applications with
legacy systems (existing systems) &
internet system.
Level of technical support available
during & after implementation
Upgrade support
Availability of additional modules such as
EMA complementing SFA.
Kick of Meeting
Project Manager

Implementation leader

Systems Engineer

Responsible for all aspects of

•Also called technical leader

•Primary job is to do coding

implementation

•Usually dedicated to one project •They are onsite all the times.

•Cost Control

•His strength

•Quality

Combination of people

•Testing

technical skills

do work

•Customer Satisfaction

•He assists in preparing

•Important that software

•Handles multiple Projects

statement of work with project

engineer knows how corporate

•In case of any changes to

manager

sales processes tend to

•In many implementation
skills &

technical & function linked to

Statement of Work (SOW) with

function & what is the sales

customer to obtain solution.

work slow


Phase1: Sales Module customization



Phase2: Marketing Module
customization



Phase3: Integration with External
Modules



Phase4: Reporting integration

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MMS - B2B & CRM Notes

  • 1. CRM
  • 2. History… CRM Evolution Cost Reduction Strategy BPR Business Led 1980s ERP Growth Strategy SFA IT Led 1990s CRM eCRM Marketing Led 2000s
  • 3. Objectives of CRM..       Retaining existing customers Selling more to existing customers Finding and winning new customers Increasing efficiency Improving marketing and sales decision making Enabling process measurement – leading to process improvement
  • 5.
  • 6. What eCRM’s all about     CRM-database access via the Web Customers is the original idea behind Database Marketing. Enables access by the wider population Remote contact tracking could be achieved.
  • 7. Marketing opportunities          Web marketing Web self service Automated response to email requests Remote data warehouse access Integrated marketing channels Every lead can be tracked Company can focus more on the needs of the buyer You don’t waste customers time and they don’t waste yours you can become the easiest company to do business with
  • 8.
  • 9.
  • 10. Enterprise Marketing Automation (EMA)    Also called as EMM (Enterprise Marketing Management). Provides continues relationship across multiple channels like the web, email, efax, telephone Helps in planning, executing, & analyzing the campaigns in the real time
  • 11. Used in following Applications      Campaign planning and Management Events Promotion Loyalty Programs Retention Programs
  • 12. Objective :  engaged the entire enterprise in the effort and provide a single view of the activity to any department or segment of the company. Providing a single view of the customer to the entire enterprise & with the responsibilities for the customer
  • 13. Campaign planning and Management Identification of the prospect Generation of the lead Customer information capture Distribution of leads to appropriate segments Campaign planning Campaign execution Response management Refinement Channel management
  • 14. EMA Components Events  Capturing customer information through event registration and online interaction.
  • 15. Promotion  Web- based or web integrated marketing provides the same marketing goodies that customers have always been interested in: promotions, contests, cross-selling of products, up-selling of the products and discount coupons.
  • 16. Loyalty and Retention Programs      Birthday greetings. Holiday and Special occasion reminder Delivery of the gift ideas Welcome programs Points based programs
  • 17. Partner and channel Management    Partner relationship management (PRM) joint marketing programs to promote both business and partners For Example Cross-selling of a company’s complementary products. Promotion of new versions or upgrades products. Joint promotions with partners or affiliates.
  • 18. Response Management  Includes banner ads, direct mail, print ads, email, web site link, surveys, event registration results, internet registration, and online survey results.  gathering, analysis and refinement of the response.
  • 19. CALL CENTRE        Customer interaction center (CIC) ACD (Automatic Call Distribution) IVR ( Interactive Voice Response) CTI (Computer telephony integration) Web-Enabling the Call Center Automated Intelligent Call Routing Logging And Monitoring
  • 21. Customer Life Cycle for Banks
  • 22. Customer Life Cycle  The life cycle of the customer is the process the customer has been undergoing to be with company for all the years.
  • 23.  This includes the customer’s purchase history, perhaps how often he has taken advantage of special offers directed at him or her customer class.
  • 24.  Depending on what company identify as important to customer’s return on investment (ROI), it could also include customers’ marketing value to company and how much revenue that marketing value could be worth indirectly.
  • 25.  To find out what is the expected revenue generated from a single customer over the anticipated lifetime of that customer’s relationship with company is both the customer life cycle and the customer lifetime value (CLV).
  • 26. Customer Interaction  Some of the value that technology brings to the table in CRM is through increased customer interaction that doesn’t necessarily occur with a human being.
  • 27.  It is convenience and the ability of the customers to get something they need without having to rely on a busy human being, or worse, a lazy human being.
  • 28.  Customer Interaction is a critical component of CRM—especially the online variety.
  • 29. Implementing CRM         Pre implementation. Kick off meeting. Requirements gathering. Prototyping and detailed proposal generation. Development of customization. Power User beta Test and Data Import. Training and roll out and system hand off. Ongoing support, system optimization and follow up.
  • 30. Pre-Implementation Phase Scalability of System Toolset & flexibility of customization Stability of existing CRM application code Compatibility of CRM applications with legacy systems (existing systems) & internet system. Level of technical support available during & after implementation Upgrade support Availability of additional modules such as EMA complementing SFA.
  • 31. Kick of Meeting Project Manager Implementation leader Systems Engineer Responsible for all aspects of •Also called technical leader •Primary job is to do coding implementation •Usually dedicated to one project •They are onsite all the times. •Cost Control •His strength •Quality Combination of people •Testing technical skills do work •Customer Satisfaction •He assists in preparing •Important that software •Handles multiple Projects statement of work with project engineer knows how corporate •In case of any changes to manager sales processes tend to •In many implementation skills & technical & function linked to Statement of Work (SOW) with function & what is the sales customer to obtain solution. work slow
  • 32.  Phase1: Sales Module customization  Phase2: Marketing Module customization  Phase3: Integration with External Modules  Phase4: Reporting integration