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PREPARED BY:
 PRASHAT YADAV
MUNDIRIKA KUMAR
   CRM is the development and maintenance of
    mutually beneficial long-term relationships
    with strategically significant customers
   CRM is concerned with the creation, development
    and enhancement of individualised customer
    relationships with carefully targeted customers and
    customer groups resulting in maximizing their total
    customer life-time value
   CRM is ultimately what the company defines it
    to be depending on their business objectives…
• A successful CRM implementation with :
  –   Properly trained Front Office staff
  –   Proper data and good use of it
  –   Proper workflow processes
  –   Proper integration of Front Office and Back Office
  –   Proper software to support the strategy
  –   Full support of top management
Quality and
                       efficiency



                                          Decrease in
Decision
                                            overall
support
                                             costs




        Increase                    Customer
      profitability                 Attention
STRENGHTS




            SWOT
THREATS   ANALYSIS         WEAKNESSES

           OF CRM




           OPPORTUNITIES
•   Identifies best customers
•   Holds all customer information
•   Increases sales efficiency
•   Ensures customer satisfaction
• Overload of information
• Does not arrive with information already
    entered
• Lack of cultural preparation
• Ability to please customer
• Increase sales base
• Improve relationship with customer
• Loss of personal interaction
• Over automation
• Poor integration with back office systems
 Marketing Automation
 Sales Automation
 Service and Service Fulfillment
 Customer Self-Service
 E-Commerce
    Provide the right mix of the company’s products and
    services in front of each customer at the right time.
   Always improve and increase their sales and to
    interact with one another
   Serving existing customer base through problem
    resolution systems and always provide pre and post
    services to the customers.
   Capabilities that can be directly invoked by the customer
    on the internet and wireless devices.
   Capabilities such as shopping, marketplace,
    transaction and payment processing, and e-
    commerce security.
  Customer relationship management (CRM) is a widely
implemented strategy for managing a company’s interactions
with customers, clients and sales prospects.
Customer relationship management
Customer relationship management

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Customer relationship management

  • 1. PREPARED BY: PRASHAT YADAV MUNDIRIKA KUMAR
  • 2.
  • 3. CRM is the development and maintenance of mutually beneficial long-term relationships with strategically significant customers
  • 4. CRM is concerned with the creation, development and enhancement of individualised customer relationships with carefully targeted customers and customer groups resulting in maximizing their total customer life-time value
  • 5. CRM is ultimately what the company defines it to be depending on their business objectives…
  • 6. • A successful CRM implementation with : – Properly trained Front Office staff – Proper data and good use of it – Proper workflow processes – Proper integration of Front Office and Back Office – Proper software to support the strategy – Full support of top management
  • 7. Quality and efficiency Decrease in Decision overall support costs Increase Customer profitability Attention
  • 8. STRENGHTS SWOT THREATS ANALYSIS WEAKNESSES OF CRM OPPORTUNITIES
  • 9. Identifies best customers • Holds all customer information • Increases sales efficiency • Ensures customer satisfaction
  • 10. • Overload of information • Does not arrive with information already entered • Lack of cultural preparation
  • 11. • Ability to please customer • Increase sales base • Improve relationship with customer
  • 12. • Loss of personal interaction • Over automation • Poor integration with back office systems
  • 13.  Marketing Automation  Sales Automation  Service and Service Fulfillment  Customer Self-Service  E-Commerce
  • 14. Provide the right mix of the company’s products and services in front of each customer at the right time.
  • 15. Always improve and increase their sales and to interact with one another
  • 16. Serving existing customer base through problem resolution systems and always provide pre and post services to the customers.
  • 17. Capabilities that can be directly invoked by the customer on the internet and wireless devices.
  • 18. Capabilities such as shopping, marketplace, transaction and payment processing, and e- commerce security.
  • 19.  Customer relationship management (CRM) is a widely implemented strategy for managing a company’s interactions with customers, clients and sales prospects.