SlideShare a Scribd company logo
1 of 10
1
CRM Strategy
Prepared by
Barbara Brown
February 12, 2008
2
WHAT CRM CONTRIBUTES TO TRU
 Brand equity
 Brand preference
 Incremental sales (trial, cross purchasing, attachment, etc.)
 Customer loyalty
 Customer advocacy
 Customer lifetime value
 Optimize marketing and communications spend
 spend to customer value or customer potential
 more expensive to get a new customer versus optimize existing
3
UNKNOWN PROSPECTS AND
CUSTOMERS
One Size
Fits All
KNOWN CUSTOMERS
One To
Select
Groups
KNOWN INDIVIDUALS
One To
One
THE MIGRATION PROCESS FROM CURRENT TO PROPOSED
Broad targeting
Mass advertising
Product and promotion
driven
Segmented targeting
Customized
communications
Category and Product
usage driven
Individual targeting
Personalized
communications
Behavior and Value
driven
4
STEPS TO MIGRATING THE CUSTOMER
RelationshipConversionAcquisition
Framework
5
CRM TACTICS
Relationship
Register
Conversion
Opt-In
Join
Acquisition
List Rental
Paid Media
Strategic Partners
Affinity/Affiliate
Offer
Incentive
Value Exchange
Channels
DM | Email | Events
Shared Values
TacticalPlanFramework
Community
Services
6
CRM IN RELATIONS TO DATA CAPTURE
Data Capture
Relevance
Join
Register
Opt-in
 Email address
 First Name
 Opt-In
Join/Multi Purchase
Complete profile
for complete
program
Register/First
Purchase
Register for news,
updates, relevant offers,
tips, etc.
Opt-in/
Register/Attend an
event
Sign up to receive generic
newsletter
 First Name
 Last Name
 Email address
 Postal address/zip
 Category/Product
Usage
 Preferences
 Opt-In
 First Name
 Last Name
 Email address
 Postal address/zip
 Category/Product
Usage
 Preferences
 Segmentation
 Opt-In
 Profile answers
7
CRM SUCCESS METRICS
 Registration/New to File
 Opt-in
 Conversion Rate
 Opt-outs
 Purchases
Category
Product/SKU
 Purchase $ Value
 Retention Rate - % 12-month active opt-ins
 % of total registrants
 Offer Response Rate
 Direct Mail Response
 Email Response
 Newsletter Interactions
 Conversion of prospects to customers – offer
redemption and re-qualification
 Cross-sell/Up sell response among customers
 Program Interactions
Wish lists completed
Downloads/Sharing
Gift Registry, etc
Event attendance.
 Purchase Frequency
 Purchase Recency
 # of Log Ins
ACQUISITION RELATIONSHIP MANAGEMENT
CUSTOMER ENGAGEMENT
8
UNKNOWN
PROSPECTS AND
CUSTOMERS
One Size
Fits All
KNOWN CUSTOMERS
One To
Select
Groups
KNOWN INDIVIDUALS
One
To
One
Broad targeting
Mass advertising
Product and promotion
driven
Segmented targeting
Customized
communications
Category and Product
usage driven
Individual targeting
Personalized
communications
Behavior and Value
driven
WHERE WE ARE NOW
9
WHERE WE ARE GOING
9
WHERE WE ARE GOING

More Related Content

What's hot

Using Goals, Goal Metrics and Rollup Queries in Microsoft Dynamics CRM 2011
Using Goals, Goal Metrics and Rollup Queries in Microsoft Dynamics CRM 2011Using Goals, Goal Metrics and Rollup Queries in Microsoft Dynamics CRM 2011
Using Goals, Goal Metrics and Rollup Queries in Microsoft Dynamics CRM 2011C5 Insight
 
Barriers to implement CRM strategy by Bidhu B Mishra
Barriers to implement CRM strategy by Bidhu B MishraBarriers to implement CRM strategy by Bidhu B Mishra
Barriers to implement CRM strategy by Bidhu B MishraBidhu B Mishra
 
Readiness for CRM - 11 Steps to Plan & Prepare for CRM
Readiness for CRM - 11 Steps to Plan & Prepare for CRMReadiness for CRM - 11 Steps to Plan & Prepare for CRM
Readiness for CRM - 11 Steps to Plan & Prepare for CRMPreact Ltd
 
Managing customers for lifetime business
Managing customers for lifetime businessManaging customers for lifetime business
Managing customers for lifetime businessMoses Omondi
 
MMS - B2B & CRM Notes
MMS - B2B & CRM Notes MMS - B2B & CRM Notes
MMS - B2B & CRM Notes Milind Kadam
 
Crm readiness assessment
Crm readiness assessmentCrm readiness assessment
Crm readiness assessmentpinkuuu
 
Building a business case for crm
Building a business case for crmBuilding a business case for crm
Building a business case for crmSiska Bossuyt
 
Case study: Asian Operators Designs Strategic Crm Roadmap
Case study: Asian Operators Designs Strategic Crm RoadmapCase study: Asian Operators Designs Strategic Crm Roadmap
Case study: Asian Operators Designs Strategic Crm RoadmapPeppers & Rogers Group
 
CIM CRM Workshop
CIM CRM WorkshopCIM CRM Workshop
CIM CRM WorkshopThom. Poole
 
CRM Business Case Template
CRM Business Case Template CRM Business Case Template
CRM Business Case Template Demand Metric
 
Introduction, Strategy, organisation and implementation of crm
Introduction, Strategy, organisation and implementation of crmIntroduction, Strategy, organisation and implementation of crm
Introduction, Strategy, organisation and implementation of crmTechXpla
 
A guide to scoping a crm project
A guide to scoping a crm projectA guide to scoping a crm project
A guide to scoping a crm projectCatherine Carlyle
 
Business-Case-Template for the introduction of CRM
Business-Case-Template for the introduction of CRMBusiness-Case-Template for the introduction of CRM
Business-Case-Template for the introduction of CRMRobert Gilfoyle
 
How to write a CRM scope document - the key to a successful solution
How to write a CRM scope document - the key to a successful solutionHow to write a CRM scope document - the key to a successful solution
How to write a CRM scope document - the key to a successful solutionGill Walker
 
Retriever CRM - Launch your own customer universe - Nov 2020
Retriever CRM - Launch your own customer universe - Nov 2020Retriever CRM - Launch your own customer universe - Nov 2020
Retriever CRM - Launch your own customer universe - Nov 2020Krister Stenhammar
 

What's hot (20)

Using Goals, Goal Metrics and Rollup Queries in Microsoft Dynamics CRM 2011
Using Goals, Goal Metrics and Rollup Queries in Microsoft Dynamics CRM 2011Using Goals, Goal Metrics and Rollup Queries in Microsoft Dynamics CRM 2011
Using Goals, Goal Metrics and Rollup Queries in Microsoft Dynamics CRM 2011
 
Barriers to implement CRM strategy by Bidhu B Mishra
Barriers to implement CRM strategy by Bidhu B MishraBarriers to implement CRM strategy by Bidhu B Mishra
Barriers to implement CRM strategy by Bidhu B Mishra
 
Readiness for CRM - 11 Steps to Plan & Prepare for CRM
Readiness for CRM - 11 Steps to Plan & Prepare for CRMReadiness for CRM - 11 Steps to Plan & Prepare for CRM
Readiness for CRM - 11 Steps to Plan & Prepare for CRM
 
CRM Process
CRM ProcessCRM Process
CRM Process
 
CRM Strategy and Implementation
CRM Strategy and ImplementationCRM Strategy and Implementation
CRM Strategy and Implementation
 
Managing customers for lifetime business
Managing customers for lifetime businessManaging customers for lifetime business
Managing customers for lifetime business
 
MMS - B2B & CRM Notes
MMS - B2B & CRM Notes MMS - B2B & CRM Notes
MMS - B2B & CRM Notes
 
Crm readiness assessment
Crm readiness assessmentCrm readiness assessment
Crm readiness assessment
 
Crm objectives
Crm objectivesCrm objectives
Crm objectives
 
Building a business case for crm
Building a business case for crmBuilding a business case for crm
Building a business case for crm
 
Case study: Asian Operators Designs Strategic Crm Roadmap
Case study: Asian Operators Designs Strategic Crm RoadmapCase study: Asian Operators Designs Strategic Crm Roadmap
Case study: Asian Operators Designs Strategic Crm Roadmap
 
CIM CRM Workshop
CIM CRM WorkshopCIM CRM Workshop
CIM CRM Workshop
 
CRM Business Case Template
CRM Business Case Template CRM Business Case Template
CRM Business Case Template
 
Introduction, Strategy, organisation and implementation of crm
Introduction, Strategy, organisation and implementation of crmIntroduction, Strategy, organisation and implementation of crm
Introduction, Strategy, organisation and implementation of crm
 
A guide to scoping a crm project
A guide to scoping a crm projectA guide to scoping a crm project
A guide to scoping a crm project
 
Business-Case-Template for the introduction of CRM
Business-Case-Template for the introduction of CRMBusiness-Case-Template for the introduction of CRM
Business-Case-Template for the introduction of CRM
 
10 Cloud SAAS Based CRM Providers
10 Cloud SAAS Based CRM Providers10 Cloud SAAS Based CRM Providers
10 Cloud SAAS Based CRM Providers
 
How to write a CRM scope document - the key to a successful solution
How to write a CRM scope document - the key to a successful solutionHow to write a CRM scope document - the key to a successful solution
How to write a CRM scope document - the key to a successful solution
 
Roadmap methodology
Roadmap methodologyRoadmap methodology
Roadmap methodology
 
Retriever CRM - Launch your own customer universe - Nov 2020
Retriever CRM - Launch your own customer universe - Nov 2020Retriever CRM - Launch your own customer universe - Nov 2020
Retriever CRM - Launch your own customer universe - Nov 2020
 

Similar to Barbara Canning Brown, Senior Leadership CRM Strategy Presentation 021208

Cross Media Solutions
Cross Media SolutionsCross Media Solutions
Cross Media SolutionsBob Hill
 
Cross Media Solutions
Cross Media SolutionsCross Media Solutions
Cross Media SolutionsBob Hill
 
CRM in Marketing
CRM in MarketingCRM in Marketing
CRM in Marketinglsurendra
 
Customer Data and Channel Integration: Harnessing the Two Secrets to Your Fut...
Customer Data and Channel Integration: Harnessing the Two Secrets to Your Fut...Customer Data and Channel Integration: Harnessing the Two Secrets to Your Fut...
Customer Data and Channel Integration: Harnessing the Two Secrets to Your Fut...Online Marketing Summit
 
(direct) marketing as a service, a way to strengthen the distribution channel
(direct) marketing as a service, a way to strengthen the distribution channel(direct) marketing as a service, a way to strengthen the distribution channel
(direct) marketing as a service, a way to strengthen the distribution channelHeinvrins
 
Customer Relationship Marketing CRM
Customer Relationship Marketing CRMCustomer Relationship Marketing CRM
Customer Relationship Marketing CRMDR. SHAJAHAN mba phd
 
Recruiters Must Think Like Marketers
Recruiters Must Think Like MarketersRecruiters Must Think Like Marketers
Recruiters Must Think Like MarketersTincup & Co.
 
Barbara Canning Brown Toys R Us senior managment presentation -- CRM VISION
Barbara Canning Brown Toys R Us senior managment presentation -- CRM VISIONBarbara Canning Brown Toys R Us senior managment presentation -- CRM VISION
Barbara Canning Brown Toys R Us senior managment presentation -- CRM VISIONCRM Strategies, LLC
 
Make Your Emails Matter
Make Your Emails MatterMake Your Emails Matter
Make Your Emails MatterNet Atlantic
 
E-Marketing Introduction
E-Marketing IntroductionE-Marketing Introduction
E-Marketing IntroductionAhmed El-Sherif
 
Managing Advertising Agencies Throughout a Product's Lifecycle
Managing Advertising Agencies Throughout a Product's LifecycleManaging Advertising Agencies Throughout a Product's Lifecycle
Managing Advertising Agencies Throughout a Product's LifecycleDana Small
 
Beyond Integration: Welcome to Marketing Fusion
Beyond Integration: Welcome to Marketing FusionBeyond Integration: Welcome to Marketing Fusion
Beyond Integration: Welcome to Marketing FusionSynchronicity Marketing
 
Advanced Email Campaign Analysis
Advanced Email Campaign AnalysisAdvanced Email Campaign Analysis
Advanced Email Campaign Analysishjmorris
 
Fuze Night: CRM for Causes 101: How investing in relationship management help...
Fuze Night: CRM for Causes 101: How investing in relationship management help...Fuze Night: CRM for Causes 101: How investing in relationship management help...
Fuze Night: CRM for Causes 101: How investing in relationship management help...Be An Idea
 
Email Marketing:Today's tool for effective customer interaction
Email Marketing:Today's tool for effective customer interactionEmail Marketing:Today's tool for effective customer interaction
Email Marketing:Today's tool for effective customer interactionBill Powell
 
Data-Driven Marketing and CM/CRM
Data-Driven Marketing and CM/CRMData-Driven Marketing and CM/CRM
Data-Driven Marketing and CM/CRMgopack21
 
Is your Marketing in sync with your sales?
Is your Marketing in sync with your sales?Is your Marketing in sync with your sales?
Is your Marketing in sync with your sales?Riccardo Sponza
 
Customer relationship management
Customer relationship management Customer relationship management
Customer relationship management Mohit Yadav
 
Customer Relationship Management
Customer Relationship ManagementCustomer Relationship Management
Customer Relationship Managementdimplenift
 

Similar to Barbara Canning Brown, Senior Leadership CRM Strategy Presentation 021208 (20)

Cross Media Solutions
Cross Media SolutionsCross Media Solutions
Cross Media Solutions
 
Cross Media Solutions
Cross Media SolutionsCross Media Solutions
Cross Media Solutions
 
CRM in Marketing
CRM in MarketingCRM in Marketing
CRM in Marketing
 
Customer Data and Channel Integration: Harnessing the Two Secrets to Your Fut...
Customer Data and Channel Integration: Harnessing the Two Secrets to Your Fut...Customer Data and Channel Integration: Harnessing the Two Secrets to Your Fut...
Customer Data and Channel Integration: Harnessing the Two Secrets to Your Fut...
 
(direct) marketing as a service, a way to strengthen the distribution channel
(direct) marketing as a service, a way to strengthen the distribution channel(direct) marketing as a service, a way to strengthen the distribution channel
(direct) marketing as a service, a way to strengthen the distribution channel
 
Customer Relationship Marketing CRM
Customer Relationship Marketing CRMCustomer Relationship Marketing CRM
Customer Relationship Marketing CRM
 
Recruiters Must Think Like Marketers
Recruiters Must Think Like MarketersRecruiters Must Think Like Marketers
Recruiters Must Think Like Marketers
 
Barbara Canning Brown Toys R Us senior managment presentation -- CRM VISION
Barbara Canning Brown Toys R Us senior managment presentation -- CRM VISIONBarbara Canning Brown Toys R Us senior managment presentation -- CRM VISION
Barbara Canning Brown Toys R Us senior managment presentation -- CRM VISION
 
Make Your Emails Matter
Make Your Emails MatterMake Your Emails Matter
Make Your Emails Matter
 
DMS Overview
DMS OverviewDMS Overview
DMS Overview
 
E-Marketing Introduction
E-Marketing IntroductionE-Marketing Introduction
E-Marketing Introduction
 
Managing Advertising Agencies Throughout a Product's Lifecycle
Managing Advertising Agencies Throughout a Product's LifecycleManaging Advertising Agencies Throughout a Product's Lifecycle
Managing Advertising Agencies Throughout a Product's Lifecycle
 
Beyond Integration: Welcome to Marketing Fusion
Beyond Integration: Welcome to Marketing FusionBeyond Integration: Welcome to Marketing Fusion
Beyond Integration: Welcome to Marketing Fusion
 
Advanced Email Campaign Analysis
Advanced Email Campaign AnalysisAdvanced Email Campaign Analysis
Advanced Email Campaign Analysis
 
Fuze Night: CRM for Causes 101: How investing in relationship management help...
Fuze Night: CRM for Causes 101: How investing in relationship management help...Fuze Night: CRM for Causes 101: How investing in relationship management help...
Fuze Night: CRM for Causes 101: How investing in relationship management help...
 
Email Marketing:Today's tool for effective customer interaction
Email Marketing:Today's tool for effective customer interactionEmail Marketing:Today's tool for effective customer interaction
Email Marketing:Today's tool for effective customer interaction
 
Data-Driven Marketing and CM/CRM
Data-Driven Marketing and CM/CRMData-Driven Marketing and CM/CRM
Data-Driven Marketing and CM/CRM
 
Is your Marketing in sync with your sales?
Is your Marketing in sync with your sales?Is your Marketing in sync with your sales?
Is your Marketing in sync with your sales?
 
Customer relationship management
Customer relationship management Customer relationship management
Customer relationship management
 
Customer Relationship Management
Customer Relationship ManagementCustomer Relationship Management
Customer Relationship Management
 

More from Leadership for Directors | VPs of CRM & Analytics in the Greater New York City Area

More from Leadership for Directors | VPs of CRM & Analytics in the Greater New York City Area (20)

Tumi, Publicis ETO, CRM360_Training Meeting 2011
Tumi, Publicis ETO, CRM360_Training Meeting 2011Tumi, Publicis ETO, CRM360_Training Meeting 2011
Tumi, Publicis ETO, CRM360_Training Meeting 2011
 
Brooks brothers digital crm planning session 042214
Brooks brothers digital crm planning session 042214Brooks brothers digital crm planning session 042214
Brooks brothers digital crm planning session 042214
 
Charles de gruchy by Charles de Gruchy
Charles de gruchy                      by Charles de GruchyCharles de gruchy                      by Charles de Gruchy
Charles de gruchy by Charles de Gruchy
 
Brooks Brothers Credit Marketing - Welcome Program Design by Charles de Gruchy
Brooks Brothers Credit Marketing - Welcome Program Design  by Charles de GruchyBrooks Brothers Credit Marketing - Welcome Program Design  by Charles de Gruchy
Brooks Brothers Credit Marketing - Welcome Program Design by Charles de Gruchy
 
Toys R Us marketing database RFP responses, Ph I, Charles de Gruchy
Toys R Us marketing database RFP responses, Ph I, Charles de GruchyToys R Us marketing database RFP responses, Ph I, Charles de Gruchy
Toys R Us marketing database RFP responses, Ph I, Charles de Gruchy
 
Brooks Brothers Site User Flow Mapping
Brooks Brothers Site User Flow MappingBrooks Brothers Site User Flow Mapping
Brooks Brothers Site User Flow Mapping
 
The Social Media Ladder of Engagement, Charles de Gruchy
The Social Media Ladder of Engagement, Charles de GruchyThe Social Media Ladder of Engagement, Charles de Gruchy
The Social Media Ladder of Engagement, Charles de Gruchy
 
Brooks Brothers Credit Card 2012 Customer Metrics
Brooks Brothers Credit Card 2012 Customer MetricsBrooks Brothers Credit Card 2012 Customer Metrics
Brooks Brothers Credit Card 2012 Customer Metrics
 
Brooks Brothers Program Analysis
Brooks Brothers Program AnalysisBrooks Brothers Program Analysis
Brooks Brothers Program Analysis
 
Brooks Brothers 2012 - 2013 Email Performance Metrics
Brooks Brothers 2012 - 2013 Email Performance MetricsBrooks Brothers 2012 - 2013 Email Performance Metrics
Brooks Brothers 2012 - 2013 Email Performance Metrics
 
Brooks Brothers Display Strategic Planning Apr12
Brooks Brothers Display Strategic Planning Apr12Brooks Brothers Display Strategic Planning Apr12
Brooks Brothers Display Strategic Planning Apr12
 
Brooks Brothers Card Marketing Research Plan
Brooks Brothers Card Marketing Research PlanBrooks Brothers Card Marketing Research Plan
Brooks Brothers Card Marketing Research Plan
 
Toys R Us - Analytics Development Matrix Sept09
Toys R Us - Analytics Development Matrix  Sept09Toys R Us - Analytics Development Matrix  Sept09
Toys R Us - Analytics Development Matrix Sept09
 
Toys R Us, Segmentation Optimization Work Session Dec07
Toys R Us, Segmentation Optimization Work Session Dec07Toys R Us, Segmentation Optimization Work Session Dec07
Toys R Us, Segmentation Optimization Work Session Dec07
 
Toys R Us -- Mffiinity model Test and Learn April 08
Toys R Us -- Mffiinity model Test and Learn April 08Toys R Us -- Mffiinity model Test and Learn April 08
Toys R Us -- Mffiinity model Test and Learn April 08
 
December 2009, multivariate testing
December 2009, multivariate testingDecember 2009, multivariate testing
December 2009, multivariate testing
 
Charles de Gruchy 2015 tag cloud
Charles de Gruchy 2015 tag cloudCharles de Gruchy 2015 tag cloud
Charles de Gruchy 2015 tag cloud
 
Marketing Touchpoint Management
Marketing Touchpoint ManagementMarketing Touchpoint Management
Marketing Touchpoint Management
 
Brooks Brothers - CRM and Field Support
Brooks Brothers - CRM and Field Support Brooks Brothers - CRM and Field Support
Brooks Brothers - CRM and Field Support
 
2011 Store Managers Conference - CRM
2011 Store Managers Conference - CRM2011 Store Managers Conference - CRM
2011 Store Managers Conference - CRM
 

Recently uploaded

Call Girls In Panjim North Goa 9971646499 Genuine Service
Call Girls In Panjim North Goa 9971646499 Genuine ServiceCall Girls In Panjim North Goa 9971646499 Genuine Service
Call Girls In Panjim North Goa 9971646499 Genuine Serviceritikaroy0888
 
Sales & Marketing Alignment: How to Synergize for Success
Sales & Marketing Alignment: How to Synergize for SuccessSales & Marketing Alignment: How to Synergize for Success
Sales & Marketing Alignment: How to Synergize for SuccessAggregage
 
VIP Call Girls Pune Kirti 8617697112 Independent Escort Service Pune
VIP Call Girls Pune Kirti 8617697112 Independent Escort Service PuneVIP Call Girls Pune Kirti 8617697112 Independent Escort Service Pune
VIP Call Girls Pune Kirti 8617697112 Independent Escort Service PuneCall girls in Ahmedabad High profile
 
Catalogue ONG NUOC PPR DE NHAT .pdf
Catalogue ONG NUOC PPR DE NHAT      .pdfCatalogue ONG NUOC PPR DE NHAT      .pdf
Catalogue ONG NUOC PPR DE NHAT .pdfOrient Homes
 
Lowrate Call Girls In Laxmi Nagar Delhi ❤️8860477959 Escorts 100% Genuine Ser...
Lowrate Call Girls In Laxmi Nagar Delhi ❤️8860477959 Escorts 100% Genuine Ser...Lowrate Call Girls In Laxmi Nagar Delhi ❤️8860477959 Escorts 100% Genuine Ser...
Lowrate Call Girls In Laxmi Nagar Delhi ❤️8860477959 Escorts 100% Genuine Ser...lizamodels9
 
Tech Startup Growth Hacking 101 - Basics on Growth Marketing
Tech Startup Growth Hacking 101  - Basics on Growth MarketingTech Startup Growth Hacking 101  - Basics on Growth Marketing
Tech Startup Growth Hacking 101 - Basics on Growth MarketingShawn Pang
 
A DAY IN THE LIFE OF A SALESMAN / WOMAN
A DAY IN THE LIFE OF A  SALESMAN / WOMANA DAY IN THE LIFE OF A  SALESMAN / WOMAN
A DAY IN THE LIFE OF A SALESMAN / WOMANIlamathiKannappan
 
VIP Kolkata Call Girl Howrah 👉 8250192130 Available With Room
VIP Kolkata Call Girl Howrah 👉 8250192130  Available With RoomVIP Kolkata Call Girl Howrah 👉 8250192130  Available With Room
VIP Kolkata Call Girl Howrah 👉 8250192130 Available With Roomdivyansh0kumar0
 
rishikeshgirls.in- Rishikesh call girl.pdf
rishikeshgirls.in- Rishikesh call girl.pdfrishikeshgirls.in- Rishikesh call girl.pdf
rishikeshgirls.in- Rishikesh call girl.pdfmuskan1121w
 
Mondelez State of Snacking and Future Trends 2023
Mondelez State of Snacking and Future Trends 2023Mondelez State of Snacking and Future Trends 2023
Mondelez State of Snacking and Future Trends 2023Neil Kimberley
 
Intro to BCG's Carbon Emissions Benchmark_vF.pdf
Intro to BCG's Carbon Emissions Benchmark_vF.pdfIntro to BCG's Carbon Emissions Benchmark_vF.pdf
Intro to BCG's Carbon Emissions Benchmark_vF.pdfpollardmorgan
 
Pharma Works Profile of Karan Communications
Pharma Works Profile of Karan CommunicationsPharma Works Profile of Karan Communications
Pharma Works Profile of Karan Communicationskarancommunications
 
/:Call Girls In Jaypee Siddharth - 5 Star Hotel New Delhi ➥9990211544 Top Esc...
/:Call Girls In Jaypee Siddharth - 5 Star Hotel New Delhi ➥9990211544 Top Esc.../:Call Girls In Jaypee Siddharth - 5 Star Hotel New Delhi ➥9990211544 Top Esc...
/:Call Girls In Jaypee Siddharth - 5 Star Hotel New Delhi ➥9990211544 Top Esc...lizamodels9
 
Non Text Magic Studio Magic Design for Presentations L&P.pptx
Non Text Magic Studio Magic Design for Presentations L&P.pptxNon Text Magic Studio Magic Design for Presentations L&P.pptx
Non Text Magic Studio Magic Design for Presentations L&P.pptxAbhayThakur200703
 
Grateful 7 speech thanking everyone that has helped.pdf
Grateful 7 speech thanking everyone that has helped.pdfGrateful 7 speech thanking everyone that has helped.pdf
Grateful 7 speech thanking everyone that has helped.pdfPaul Menig
 
BEST Call Girls In Old Faridabad ✨ 9773824855 ✨ Escorts Service In Delhi Ncr,
BEST Call Girls In Old Faridabad ✨ 9773824855 ✨ Escorts Service In Delhi Ncr,BEST Call Girls In Old Faridabad ✨ 9773824855 ✨ Escorts Service In Delhi Ncr,
BEST Call Girls In Old Faridabad ✨ 9773824855 ✨ Escorts Service In Delhi Ncr,noida100girls
 
Call Girls in Gomti Nagar - 7388211116 - With room Service
Call Girls in Gomti Nagar - 7388211116  - With room ServiceCall Girls in Gomti Nagar - 7388211116  - With room Service
Call Girls in Gomti Nagar - 7388211116 - With room Servicediscovermytutordmt
 
Vip Female Escorts Noida 9711199171 Greater Noida Escorts Service
Vip Female Escorts Noida 9711199171 Greater Noida Escorts ServiceVip Female Escorts Noida 9711199171 Greater Noida Escorts Service
Vip Female Escorts Noida 9711199171 Greater Noida Escorts Serviceankitnayak356677
 
Russian Faridabad Call Girls(Badarpur) : ☎ 8168257667, @4999
Russian Faridabad Call Girls(Badarpur) : ☎ 8168257667, @4999Russian Faridabad Call Girls(Badarpur) : ☎ 8168257667, @4999
Russian Faridabad Call Girls(Badarpur) : ☎ 8168257667, @4999Tina Ji
 
Call Girls Navi Mumbai Just Call 9907093804 Top Class Call Girl Service Avail...
Call Girls Navi Mumbai Just Call 9907093804 Top Class Call Girl Service Avail...Call Girls Navi Mumbai Just Call 9907093804 Top Class Call Girl Service Avail...
Call Girls Navi Mumbai Just Call 9907093804 Top Class Call Girl Service Avail...Dipal Arora
 

Recently uploaded (20)

Call Girls In Panjim North Goa 9971646499 Genuine Service
Call Girls In Panjim North Goa 9971646499 Genuine ServiceCall Girls In Panjim North Goa 9971646499 Genuine Service
Call Girls In Panjim North Goa 9971646499 Genuine Service
 
Sales & Marketing Alignment: How to Synergize for Success
Sales & Marketing Alignment: How to Synergize for SuccessSales & Marketing Alignment: How to Synergize for Success
Sales & Marketing Alignment: How to Synergize for Success
 
VIP Call Girls Pune Kirti 8617697112 Independent Escort Service Pune
VIP Call Girls Pune Kirti 8617697112 Independent Escort Service PuneVIP Call Girls Pune Kirti 8617697112 Independent Escort Service Pune
VIP Call Girls Pune Kirti 8617697112 Independent Escort Service Pune
 
Catalogue ONG NUOC PPR DE NHAT .pdf
Catalogue ONG NUOC PPR DE NHAT      .pdfCatalogue ONG NUOC PPR DE NHAT      .pdf
Catalogue ONG NUOC PPR DE NHAT .pdf
 
Lowrate Call Girls In Laxmi Nagar Delhi ❤️8860477959 Escorts 100% Genuine Ser...
Lowrate Call Girls In Laxmi Nagar Delhi ❤️8860477959 Escorts 100% Genuine Ser...Lowrate Call Girls In Laxmi Nagar Delhi ❤️8860477959 Escorts 100% Genuine Ser...
Lowrate Call Girls In Laxmi Nagar Delhi ❤️8860477959 Escorts 100% Genuine Ser...
 
Tech Startup Growth Hacking 101 - Basics on Growth Marketing
Tech Startup Growth Hacking 101  - Basics on Growth MarketingTech Startup Growth Hacking 101  - Basics on Growth Marketing
Tech Startup Growth Hacking 101 - Basics on Growth Marketing
 
A DAY IN THE LIFE OF A SALESMAN / WOMAN
A DAY IN THE LIFE OF A  SALESMAN / WOMANA DAY IN THE LIFE OF A  SALESMAN / WOMAN
A DAY IN THE LIFE OF A SALESMAN / WOMAN
 
VIP Kolkata Call Girl Howrah 👉 8250192130 Available With Room
VIP Kolkata Call Girl Howrah 👉 8250192130  Available With RoomVIP Kolkata Call Girl Howrah 👉 8250192130  Available With Room
VIP Kolkata Call Girl Howrah 👉 8250192130 Available With Room
 
rishikeshgirls.in- Rishikesh call girl.pdf
rishikeshgirls.in- Rishikesh call girl.pdfrishikeshgirls.in- Rishikesh call girl.pdf
rishikeshgirls.in- Rishikesh call girl.pdf
 
Mondelez State of Snacking and Future Trends 2023
Mondelez State of Snacking and Future Trends 2023Mondelez State of Snacking and Future Trends 2023
Mondelez State of Snacking and Future Trends 2023
 
Intro to BCG's Carbon Emissions Benchmark_vF.pdf
Intro to BCG's Carbon Emissions Benchmark_vF.pdfIntro to BCG's Carbon Emissions Benchmark_vF.pdf
Intro to BCG's Carbon Emissions Benchmark_vF.pdf
 
Pharma Works Profile of Karan Communications
Pharma Works Profile of Karan CommunicationsPharma Works Profile of Karan Communications
Pharma Works Profile of Karan Communications
 
/:Call Girls In Jaypee Siddharth - 5 Star Hotel New Delhi ➥9990211544 Top Esc...
/:Call Girls In Jaypee Siddharth - 5 Star Hotel New Delhi ➥9990211544 Top Esc.../:Call Girls In Jaypee Siddharth - 5 Star Hotel New Delhi ➥9990211544 Top Esc...
/:Call Girls In Jaypee Siddharth - 5 Star Hotel New Delhi ➥9990211544 Top Esc...
 
Non Text Magic Studio Magic Design for Presentations L&P.pptx
Non Text Magic Studio Magic Design for Presentations L&P.pptxNon Text Magic Studio Magic Design for Presentations L&P.pptx
Non Text Magic Studio Magic Design for Presentations L&P.pptx
 
Grateful 7 speech thanking everyone that has helped.pdf
Grateful 7 speech thanking everyone that has helped.pdfGrateful 7 speech thanking everyone that has helped.pdf
Grateful 7 speech thanking everyone that has helped.pdf
 
BEST Call Girls In Old Faridabad ✨ 9773824855 ✨ Escorts Service In Delhi Ncr,
BEST Call Girls In Old Faridabad ✨ 9773824855 ✨ Escorts Service In Delhi Ncr,BEST Call Girls In Old Faridabad ✨ 9773824855 ✨ Escorts Service In Delhi Ncr,
BEST Call Girls In Old Faridabad ✨ 9773824855 ✨ Escorts Service In Delhi Ncr,
 
Call Girls in Gomti Nagar - 7388211116 - With room Service
Call Girls in Gomti Nagar - 7388211116  - With room ServiceCall Girls in Gomti Nagar - 7388211116  - With room Service
Call Girls in Gomti Nagar - 7388211116 - With room Service
 
Vip Female Escorts Noida 9711199171 Greater Noida Escorts Service
Vip Female Escorts Noida 9711199171 Greater Noida Escorts ServiceVip Female Escorts Noida 9711199171 Greater Noida Escorts Service
Vip Female Escorts Noida 9711199171 Greater Noida Escorts Service
 
Russian Faridabad Call Girls(Badarpur) : ☎ 8168257667, @4999
Russian Faridabad Call Girls(Badarpur) : ☎ 8168257667, @4999Russian Faridabad Call Girls(Badarpur) : ☎ 8168257667, @4999
Russian Faridabad Call Girls(Badarpur) : ☎ 8168257667, @4999
 
Call Girls Navi Mumbai Just Call 9907093804 Top Class Call Girl Service Avail...
Call Girls Navi Mumbai Just Call 9907093804 Top Class Call Girl Service Avail...Call Girls Navi Mumbai Just Call 9907093804 Top Class Call Girl Service Avail...
Call Girls Navi Mumbai Just Call 9907093804 Top Class Call Girl Service Avail...
 

Barbara Canning Brown, Senior Leadership CRM Strategy Presentation 021208

  • 1. 1 CRM Strategy Prepared by Barbara Brown February 12, 2008
  • 2. 2 WHAT CRM CONTRIBUTES TO TRU  Brand equity  Brand preference  Incremental sales (trial, cross purchasing, attachment, etc.)  Customer loyalty  Customer advocacy  Customer lifetime value  Optimize marketing and communications spend  spend to customer value or customer potential  more expensive to get a new customer versus optimize existing
  • 3. 3 UNKNOWN PROSPECTS AND CUSTOMERS One Size Fits All KNOWN CUSTOMERS One To Select Groups KNOWN INDIVIDUALS One To One THE MIGRATION PROCESS FROM CURRENT TO PROPOSED Broad targeting Mass advertising Product and promotion driven Segmented targeting Customized communications Category and Product usage driven Individual targeting Personalized communications Behavior and Value driven
  • 4. 4 STEPS TO MIGRATING THE CUSTOMER RelationshipConversionAcquisition Framework
  • 5. 5 CRM TACTICS Relationship Register Conversion Opt-In Join Acquisition List Rental Paid Media Strategic Partners Affinity/Affiliate Offer Incentive Value Exchange Channels DM | Email | Events Shared Values TacticalPlanFramework Community Services
  • 6. 6 CRM IN RELATIONS TO DATA CAPTURE Data Capture Relevance Join Register Opt-in  Email address  First Name  Opt-In Join/Multi Purchase Complete profile for complete program Register/First Purchase Register for news, updates, relevant offers, tips, etc. Opt-in/ Register/Attend an event Sign up to receive generic newsletter  First Name  Last Name  Email address  Postal address/zip  Category/Product Usage  Preferences  Opt-In  First Name  Last Name  Email address  Postal address/zip  Category/Product Usage  Preferences  Segmentation  Opt-In  Profile answers
  • 7. 7 CRM SUCCESS METRICS  Registration/New to File  Opt-in  Conversion Rate  Opt-outs  Purchases Category Product/SKU  Purchase $ Value  Retention Rate - % 12-month active opt-ins  % of total registrants  Offer Response Rate  Direct Mail Response  Email Response  Newsletter Interactions  Conversion of prospects to customers – offer redemption and re-qualification  Cross-sell/Up sell response among customers  Program Interactions Wish lists completed Downloads/Sharing Gift Registry, etc Event attendance.  Purchase Frequency  Purchase Recency  # of Log Ins ACQUISITION RELATIONSHIP MANAGEMENT CUSTOMER ENGAGEMENT
  • 8. 8 UNKNOWN PROSPECTS AND CUSTOMERS One Size Fits All KNOWN CUSTOMERS One To Select Groups KNOWN INDIVIDUALS One To One Broad targeting Mass advertising Product and promotion driven Segmented targeting Customized communications Category and Product usage driven Individual targeting Personalized communications Behavior and Value driven WHERE WE ARE NOW
  • 10. 9 WHERE WE ARE GOING