“CUSTOMER RELATIONSHIP
MANAGEMENT”
AT
PRESENTATION BY,
JITHIN KOSHY
AKSHAY MANGLA
ADITI MANGLA
AKARSH GUPTA
Type of business Private
Type of site E-commerce
Founded 2007; 10 years ago
Headquarters Bangalore, Karnataka, India
Area served India
Founder(s) Sachin Bansal
Binny Bansal
Key people Sachin Bansal, Chairman
Binny Bansal, Group CEO
Kalyan Krishnamurthy, CEO
Industry Internet
Services Online shopping
Revenue Increase ₹13,177 crore
(US$2.0 billion) (2016)
Employees 30,000 (2016)
Subsidiaries Myntra, Jabong.com,
Website www.flipkart.com
Alexa rank 114 (December 2016)
Registration Required
Current status Online
Customer relationship management
practices
 Flipkart can be said to be the pioneer in
initiating the sceptical Indian shopper into
online retailer.
 Flipkart has built itself on the core
foundations of reliability, quickness,
credibility, variety and quality. It uses
Customer Relationship Management as its
differentiating factor.
 Providing good customer service enables
Flipkart to enjoy high levels of customer
satisfaction, generate repeat business and
ensure positive word-of-mouth.
 The customer is informed at every step through e-
mail/text when the order has been confirmed⇾
order summary & shipment details + tracker ⇾
informing customer if order has been delayed.
 Easy to reach out to the customer service team
through their social media channels as well as a
customer care number.
 Customer complaints are quickly addressed and
there are transparent return and exchange
policies.
Technological Support At
The Operational Level To facilitate CRM:
Sales Force Automation
 SFA is the application of technology to
support regular sales functions and
includes tools that are employed by users
to perform administrative and other
repetitive tasks.
 Sales reps can remain in contact with
distant customers via e-mails and cell
phones, thus reducing travel hours. They
can also receive and manage orders from
customers in an easy, timely fashion
Customer Demographic Analysis
And Customer Behavior
ModelingFlip kart's customers fall in to the categories of youth,
book readers, technology enthusiasts and online shoppers.
Therefore, it has carefully demarcated and segmented each
of the demographic categories and modeled the customer
behavior to understand their needs and preferences. It
creates data models from the following sources:
 Bought history
 Browse history
 Compare history
 Bought items
 Wish list items
 Rated products
 Cart additions
Straight forward Return And
Exchange Policies
 Flip kart allow its users to return products if
unsatisfied within 30 day period with full
refund of money or exchange for another
product.
 This allows customers to shop online
without worrying about the risks involved.
 It uses the Wallet feature to debit the
refund money that can be used to make a
purchase from the website.
Customer Value Assessment
 Value assessment at Flipkart is done
through various metrics such as:
 Click-through-rates
 Relevance/ quality
 Visibility
 Click-to-order
REFERENCE
 http://www.cio.com/article/699311/8_C
RM_Trends_You_Need_to_Watch_
 http://blogs.forrester.com/william_band
/13-01-02-
the_top_crm_trends_for_2013
 http://www.crmtrends.com/
 http://searchcrm.techtarget.com/photo
story/2240175337/Top-five-CRM-
trends-you-should-know-
about/1/CRM-industry-trends
THANK YOU

Customer relationship management

  • 1.
    “CUSTOMER RELATIONSHIP MANAGEMENT” AT PRESENTATION BY, JITHINKOSHY AKSHAY MANGLA ADITI MANGLA AKARSH GUPTA
  • 2.
    Type of businessPrivate Type of site E-commerce Founded 2007; 10 years ago Headquarters Bangalore, Karnataka, India Area served India Founder(s) Sachin Bansal Binny Bansal Key people Sachin Bansal, Chairman Binny Bansal, Group CEO Kalyan Krishnamurthy, CEO Industry Internet Services Online shopping Revenue Increase ₹13,177 crore (US$2.0 billion) (2016) Employees 30,000 (2016) Subsidiaries Myntra, Jabong.com, Website www.flipkart.com Alexa rank 114 (December 2016) Registration Required Current status Online
  • 3.
    Customer relationship management practices Flipkart can be said to be the pioneer in initiating the sceptical Indian shopper into online retailer.  Flipkart has built itself on the core foundations of reliability, quickness, credibility, variety and quality. It uses Customer Relationship Management as its differentiating factor.  Providing good customer service enables Flipkart to enjoy high levels of customer satisfaction, generate repeat business and ensure positive word-of-mouth.
  • 4.
     The customeris informed at every step through e- mail/text when the order has been confirmed⇾ order summary & shipment details + tracker ⇾ informing customer if order has been delayed.  Easy to reach out to the customer service team through their social media channels as well as a customer care number.  Customer complaints are quickly addressed and there are transparent return and exchange policies.
  • 5.
    Technological Support At TheOperational Level To facilitate CRM: Sales Force Automation  SFA is the application of technology to support regular sales functions and includes tools that are employed by users to perform administrative and other repetitive tasks.  Sales reps can remain in contact with distant customers via e-mails and cell phones, thus reducing travel hours. They can also receive and manage orders from customers in an easy, timely fashion
  • 6.
    Customer Demographic Analysis AndCustomer Behavior ModelingFlip kart's customers fall in to the categories of youth, book readers, technology enthusiasts and online shoppers. Therefore, it has carefully demarcated and segmented each of the demographic categories and modeled the customer behavior to understand their needs and preferences. It creates data models from the following sources:  Bought history  Browse history  Compare history  Bought items  Wish list items  Rated products  Cart additions
  • 7.
    Straight forward ReturnAnd Exchange Policies  Flip kart allow its users to return products if unsatisfied within 30 day period with full refund of money or exchange for another product.  This allows customers to shop online without worrying about the risks involved.  It uses the Wallet feature to debit the refund money that can be used to make a purchase from the website.
  • 8.
    Customer Value Assessment Value assessment at Flipkart is done through various metrics such as:  Click-through-rates  Relevance/ quality  Visibility  Click-to-order
  • 10.
    REFERENCE  http://www.cio.com/article/699311/8_C RM_Trends_You_Need_to_Watch_  http://blogs.forrester.com/william_band /13-01-02- the_top_crm_trends_for_2013 http://www.crmtrends.com/  http://searchcrm.techtarget.com/photo story/2240175337/Top-five-CRM- trends-you-should-know- about/1/CRM-industry-trends
  • 11.