02 ajay singh - customer relationship management

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    SUBMITTED TO:

    MRS. MAHIMA RAI

    SUBMITTED BY:

    MR. AJAY SINGH

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    INTRODUCTION

    PURPOSE OF CRM

    KEY PRINCIPLE OF CRM

    CRM PROGRAMES AND ACTIVITIESTOOLS FOR CRM

    IMPIMANTATION OF CRM

    CRM RELATED CONCEPTS

    PROBLEMS AND DRAWBACKS OF CRMCONCLUSION

    THANKS

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    INTRODUCTION

    Customer relationship management (CRM) is a

    business strategy to acquire and manage the most

    valuable customer relationships.

    CRM requires a customer-centric business philosophy

    and culture to support effective marketing, sales and

    service processes.

    CRM applications can enable effective customerrelationship management, provided that an enterprise

    has the right leadership, strategy and culture.

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    Provide product information, product useinformation, and technical assistance.

    Identify how each individual customer definesquality, and then design a service strategy.

    Provide a fast mechanism.Provide a mechanism to track all points of contactbetween a customer and the company.

    Help to identify potential problems quickly, before

    they occur.Provide a user-friendly mechanism for registeringcustomer complaints.

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    Provide a fast mechanism for handling problemsand complaints.

    Provide a fast mechanism for correcting servicedeficiencies.

    Use internet cookies to track customer interestsand personalize product offerings accordingly.

    Use the Internet to engage in collaborativecustomization or real-time customization.

    Provide a fast mechanism for managing andscheduling maintenance, repair, and on-goingsupport.

    The CRM program can be integrated into other

    cross-functional systems.

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    Differentiate Customers.

    Differentiating Offerings.

    Keeping Existing Customers.

    Maximizing Life time value.

    Increase Loyalty.

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    One-to-one Marketing-Meeting and satisfyingeach customers need uniquely and individually.

    Continuity Marketing Programs-Take the

    shape of membership and loyalty card programswhere customers are often rewarded for theirmember and loyalty relationships with themarketers.

    Partnering Programs-partnering relationshipsbetween customer and marketers to serve end userneeds.

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    Operational - automation to the basic businessprocesses (marketing, sales, service)

    Analytical - support to analyze customerbehavior, implements business intelligence aliketechnology

    Collaborative - ensures the contact withcustomers (phone, email, fax, web, sms, post, inperson)

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    Customer database.

    Call Centre.

    Systems Integration.

    Data Mining for CRM.

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    STAGE ONE-COLECTIVE INFORMATION

    STAGE TWO-STORING INFORMATION

    STAGE THREE-ACCESING INFORMATION

    STAGE FOUR- ANALYSING CUSTOMERBEHAVIOR

    STAGE FIVE- MARKETING MORE

    EFFECTIVELYSTAGE SIX- ENHANCING THE CUSTOMEREXPERIENCE

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    Knowledge Management.

    Regain Management.

    CRM in Supply Chain Management(SCM).

    CRM-ERP Integration.

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    Customer focus- Organizational culture is not

    customer focused, with limited involvement of customerfacing personnel in the design and implementation phase

    Organizational Management-Lack of support and

    understanding form senior management, lack of CRMunderstanding, lack of communications and changingbusiness needs

    Project Management -Misalignment between projectand business requirements, with unrealistic goals,timelines, coupled with a lack of planning andinsufficient reporting and control

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    Team Members-Lack of support, incentives, andlack of technical knowledge

    Data & Warehouse Requirements-Poor qualitydata, inconsistent data between different systems

    Technical Factors-Short term solution focus notaligned to long term architectural infrastructuregrowth, no prototyping or testing, misunderstandingtechnical requirements.

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    A strategy defined around producing value to fulfillbusiness needs.

    A collaborative value chain of all institutions andprocesses needed to fulfill business needs.

    A set of measurements that reflects how successful(or unsuccessful) the collaborative value chain has

    been in fulfilling customers needs and the ability toadjust the processes to improve the rate of success.

    A system that provides insight into customers so that

    improvements can be made.Access to all the services customer need for news,information, purchases, business, delivery, and on toinfinity, from wherever customer are in whatever

    circumstances.

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