Customer relationship
management
Customer relationship management (CRM) is a widely-
implemented strategy for managing a company’s
interactions with customers, clients and sales
prospects.
(Source: Wikipedia)
What is CRM?
IT describes company’s wide-business strategy including
customer-interface departments as well as other
departments. It involves using technology to organize,
automate & synchronize business processes:
o Sales activities
o Marketing
o Customer service
o Technical support
What is CRM? (cont.)
o Learn more about clients‘
o Satisfy existing clients & develop stronger relationships
o Find, attract, and win new clients
o Bring back former clients
o Opening up channels such as direct sales, online sales, franchises, use of
agents, etc.
o Quality and efficiency
o Decrease in overall costs (specially marketing & client service)
o Fix your targeted clients
o Decision support and adapt your business as per the needs of your
customers
o Enterprise alertness
o Customer Attention
Business benefits
o Sales force automation
o Marketing
o Customer service and support
o Appointment
o Analytics
o Integrated/Collaborative
o Small business
o Social media
o Non-profit and membership-based
Modules/Types of CRM solution
o Stage 1 - Collecting information
o Stage 2 - Storing information
o Stage 3 - Accessing information
o Stage 4 - Analyzing customer behavior
o Stage 5 - Marketing more effectively
o Stage 6 - Enhancing the customer experience
o Stage 7 - Increasing usage and adoption rates
How to implement CRM
o Changes: Customer requirement changes. It is always a big
challenge to adopt the system with customer changeable
behavior.
o Complexity: Tools and workflows can be complex, especially for
large businesses.
o Weak leadership: Weak leadership could cause problems for any
CRM implementation plan.
o Poor communication: Poor communication can prevent sales.
o Poor usability: With a difficult interface for a user to navigate,
implementation can be fragmented or not entirely complete.
Challenges
o Fragmentation: Often, poor usability can lead to implementations
that are fragmented — isolated initiatives/ thinking by individual
departments to address their own needs.
o Business reputation: Poor usability and fragmentation can make
your business reputation a question.
o Security concerns: Security concern is always a big issue of all
programs.
o Complete solution: Sometimes complete solution is a risky strategy.
It is better to break down the CRM project into manageable pieces.
o Rigid rules: Avoid adopting rigid rules which cannot be changed.
Rules should be flexible to allow the needs of individual customers
to be met.
Challenges (cont.)
YOU
Who can development CRM?
o Minimum technical knowledge
o Know excel/ word /database etc.
What knowledge is required?
Vendor Revenue
(in US million $)
Share (%)
SAP 2,055 22.5
Oracle 1,475 16.1
Salesforce.com 965 10.6
Microsoft 581 6.4
Amdocs 451 4.9
Others 3,620 39.6
Total 9,147 100
Top Vendors
* Data collected after 2009
Md. Zikrul Ahsan
Web Editor
banglanews24.com
Thank You

What is CRM

  • 1.
  • 2.
    Customer relationship management(CRM) is a widely- implemented strategy for managing a company’s interactions with customers, clients and sales prospects. (Source: Wikipedia) What is CRM?
  • 3.
    IT describes company’swide-business strategy including customer-interface departments as well as other departments. It involves using technology to organize, automate & synchronize business processes: o Sales activities o Marketing o Customer service o Technical support What is CRM? (cont.)
  • 4.
    o Learn moreabout clients‘ o Satisfy existing clients & develop stronger relationships o Find, attract, and win new clients o Bring back former clients o Opening up channels such as direct sales, online sales, franchises, use of agents, etc. o Quality and efficiency o Decrease in overall costs (specially marketing & client service) o Fix your targeted clients o Decision support and adapt your business as per the needs of your customers o Enterprise alertness o Customer Attention Business benefits
  • 5.
    o Sales forceautomation o Marketing o Customer service and support o Appointment o Analytics o Integrated/Collaborative o Small business o Social media o Non-profit and membership-based Modules/Types of CRM solution
  • 6.
    o Stage 1- Collecting information o Stage 2 - Storing information o Stage 3 - Accessing information o Stage 4 - Analyzing customer behavior o Stage 5 - Marketing more effectively o Stage 6 - Enhancing the customer experience o Stage 7 - Increasing usage and adoption rates How to implement CRM
  • 7.
    o Changes: Customerrequirement changes. It is always a big challenge to adopt the system with customer changeable behavior. o Complexity: Tools and workflows can be complex, especially for large businesses. o Weak leadership: Weak leadership could cause problems for any CRM implementation plan. o Poor communication: Poor communication can prevent sales. o Poor usability: With a difficult interface for a user to navigate, implementation can be fragmented or not entirely complete. Challenges
  • 8.
    o Fragmentation: Often,poor usability can lead to implementations that are fragmented — isolated initiatives/ thinking by individual departments to address their own needs. o Business reputation: Poor usability and fragmentation can make your business reputation a question. o Security concerns: Security concern is always a big issue of all programs. o Complete solution: Sometimes complete solution is a risky strategy. It is better to break down the CRM project into manageable pieces. o Rigid rules: Avoid adopting rigid rules which cannot be changed. Rules should be flexible to allow the needs of individual customers to be met. Challenges (cont.)
  • 9.
  • 10.
    o Minimum technicalknowledge o Know excel/ word /database etc. What knowledge is required?
  • 11.
    Vendor Revenue (in USmillion $) Share (%) SAP 2,055 22.5 Oracle 1,475 16.1 Salesforce.com 965 10.6 Microsoft 581 6.4 Amdocs 451 4.9 Others 3,620 39.6 Total 9,147 100 Top Vendors * Data collected after 2009
  • 12.
    Md. Zikrul Ahsan WebEditor banglanews24.com Thank You