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CRM



 Is a business strategy that aims to understand,
  anticipate and manage the needs of an organisation‟s
  current and potential customer
It is a “comprehensive approach which provides
seamless integration of every area of business that
touches         the        customer-          namely
marketing, sales, customer services and field support
through the integration of people, process and
                     technology”
CRM is a shift from traditional marketing as it
focuses on the retention of customers in addition
to   the    acquisition   of    new    customers
Note


 “The focus [of CRM] is on creating value for the
  customer and the company over the longer term”
 When customers value the customer service that they
  receive from suppliers, they are less likely to look to
  alternative suppliers for their needs
 CRM enables organisations to gain „competitive
  advantage‟ over competitors that supply similar products
  or services
IT and CRM
Benefits of CRM
 reduced costs, because the right things are being done
 increased customer satisfaction, because they are
  getting exactly what they want
 ensuring that the focus of the organisation is external
 growth in numbers of customers
 maximisation of opportunities
 increased access to a source of market and competitor
  information
 highlighting poor operational processes
 long term profitability and sustainability

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Crm

  • 1.
  • 2. CRM  Is a business strategy that aims to understand, anticipate and manage the needs of an organisation‟s current and potential customer
  • 3. It is a “comprehensive approach which provides seamless integration of every area of business that touches the customer- namely marketing, sales, customer services and field support through the integration of people, process and technology”
  • 4. CRM is a shift from traditional marketing as it focuses on the retention of customers in addition to the acquisition of new customers
  • 5. Note  “The focus [of CRM] is on creating value for the customer and the company over the longer term”  When customers value the customer service that they receive from suppliers, they are less likely to look to alternative suppliers for their needs  CRM enables organisations to gain „competitive advantage‟ over competitors that supply similar products or services
  • 7. Benefits of CRM  reduced costs, because the right things are being done  increased customer satisfaction, because they are getting exactly what they want  ensuring that the focus of the organisation is external  growth in numbers of customers  maximisation of opportunities  increased access to a source of market and competitor information  highlighting poor operational processes  long term profitability and sustainability