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Electronic Customer Relationship
Management (E-CRM)
Introduction
⚫ Electronic customer relationship management (E-CRM)
is the application of Internet-based technologies such as
emails, websites, chat rooms, forums and other channels
to achieve CRM objectives.
⚫ It is a well-structured and coordinated process of CRM
that automates the processes in marketing, sales and
customer service.
⚫ Electronic customer relationship management provides
an avenue for interactions between a business, its
customers and its employees through Web-based
technologies.
⚫ A typical E-CRM strategy involves collecting customer
information, transaction history and product
information, click stream and contents information.
Features of E-CRM
⚫Customer Management
⚫Knowledge Management
⚫Account Management
⚫Case Management
⚫Back-end Management
⚫Reporting and Analysis
Benefits of E-CRM
⚫Service level improvements
⚫Revenue Growth
⚫Productivity
⚫Customer Satisfaction
⚫Automation
⚫Communication
⚫Improved analytical data and reporting
Working and solution of E-CRM
⚫Analyze relevant data
⚫Meet customer needs
⚫Maximize marketing efforts
⚫Consolidate and close sales
⚫Create your distinct brand
Advantages of E-CRM
⚫It allows for the consolidation of customer data and
the basis for deep insights.
⚫It speeds-up the sales conversion process.
⚫It increases staff productivity, lowering time-cost.
⚫It allows geographically dispersed teams to
collaborate effectively.
⚫Improves customer experience by allowing
personalization and improved query resolution.
Disadvantages of E-CRM
⚫Customer experience may disapprove due to staff
over-reliance on system.
⚫Security and data protection issues with centralized
data.
⚫Time and initial productivity cost of implementation.
⚫Requires a process-driven sales organization.
⚫CRM may not suit all businesses.
E-CRM – Customer Life Cycle
⚫Prospects
⚫First time buyers
⚫Early repeat buyers
⚫Core Customers
⚫Core Defectors
Privacy Issues in E-CRM
⚫Collecting customer data
⚫Storing CRM Data
⚫Using CRM Data
⚫Disposing of CRM Data
Electronic customer relationship management (e crm)

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Electronic customer relationship management (e crm)

  • 2. Introduction ⚫ Electronic customer relationship management (E-CRM) is the application of Internet-based technologies such as emails, websites, chat rooms, forums and other channels to achieve CRM objectives. ⚫ It is a well-structured and coordinated process of CRM that automates the processes in marketing, sales and customer service. ⚫ Electronic customer relationship management provides an avenue for interactions between a business, its customers and its employees through Web-based technologies. ⚫ A typical E-CRM strategy involves collecting customer information, transaction history and product information, click stream and contents information.
  • 3. Features of E-CRM ⚫Customer Management ⚫Knowledge Management ⚫Account Management ⚫Case Management ⚫Back-end Management ⚫Reporting and Analysis
  • 4. Benefits of E-CRM ⚫Service level improvements ⚫Revenue Growth ⚫Productivity ⚫Customer Satisfaction ⚫Automation ⚫Communication ⚫Improved analytical data and reporting
  • 5. Working and solution of E-CRM ⚫Analyze relevant data ⚫Meet customer needs ⚫Maximize marketing efforts ⚫Consolidate and close sales ⚫Create your distinct brand
  • 6. Advantages of E-CRM ⚫It allows for the consolidation of customer data and the basis for deep insights. ⚫It speeds-up the sales conversion process. ⚫It increases staff productivity, lowering time-cost. ⚫It allows geographically dispersed teams to collaborate effectively. ⚫Improves customer experience by allowing personalization and improved query resolution.
  • 7. Disadvantages of E-CRM ⚫Customer experience may disapprove due to staff over-reliance on system. ⚫Security and data protection issues with centralized data. ⚫Time and initial productivity cost of implementation. ⚫Requires a process-driven sales organization. ⚫CRM may not suit all businesses.
  • 8. E-CRM – Customer Life Cycle ⚫Prospects ⚫First time buyers ⚫Early repeat buyers ⚫Core Customers ⚫Core Defectors
  • 9. Privacy Issues in E-CRM ⚫Collecting customer data ⚫Storing CRM Data ⚫Using CRM Data ⚫Disposing of CRM Data