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Customer Relationship Management
1.
2.
3.
CRM is a
management approach a model that puts a customer at the core of a company processes and practices.
4.
5.
6.
7.
8.
9.
A relatively small
percentage of customers may generate most of the profits.
10.
Marketing cost and
efforts are less for existing customers.
11.
Dissatisfied customers tell
others about their experiences.
12.
So do satisfied
customers.
13.
Slowing the rate
of defection grows the customer base.
14.
15.
16.
Satisfaction
17.
18.
19.
20.
21.
22.
23.
24.
25.
26.
27.
28.
Improvement in overall
quality of customer experience
29.
Increased profitability
30.
More effective marketing.
31.
32.
33.
Highly knowledge requiring
process.
34.
Results are not
according to expectations.
35.
36.
37.
38.
39.
40.
Successful CRM projects
are managed by IT
41.
“Executive buy-in is
the key”
42.
“We need to
roll this out across the enterprise ASAP”
43.
44.
customers don’t want
to be committed to every brand/relationship
45.
Not feasible for
low-involvement, habitual purchasing in B2B or B2C
46.
Some markets/customers may
have low “personalization potential”.
47.
Shopping agents used
by consumers undercut the idea of relp’s.
48.
The organizational capability
to produce a seamless/personalized experience is more difficult to master than a transactional approach.
49.