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Customer Relationship Management (CRM) Introduction MEDFORIST
Contents   ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],MEDFORIST
A definition of marketing “ The process of planning and executing the conception, pricing, promotion, and distribution of ideas, goods, and services to create exchanges that satisfy individual and organization goals.” American Marketing Association ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],MEDFORIST
How to define Customers? CONSUMER BUSINESS TO BUSINESS CHANNEL DISTRIBUTOR FRANCHISEE INTERNAL CUSTOMER ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],MEDFORIST
[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],MEDFORIST
Customer Loyalty: Customer Loyalty  is a deeply held commitment to  rebuy  or  repatronize  a preferred product or service consistently in the future, despite situational influences and marketing efforts having the potential to cause switching behavior . Source  : «  Satisfaction: A Behavioral Perspective On The Consumer” Richard L. Oliver  Mc Graw-Hill Editions ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],MEDFORIST
[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],CRM Definition: MEDFORIST
[object Object],Source “ Accelerating Customer Relationships”, Ronald S. Swift Prentice Hall - 2001 ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],MEDFORIST
[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],The concept of CRM in theory is simple:  Listen to your customers and act on what they are saying to create a mutually beneficial relationship .  Companies  with  current  implementations  of  CRM technology  can usually  hear their customers;  however, because  they  are  only  focusing  on  the  operational  and  collaborative  component of CRM, they cannot really understand them. They  must  also  consider  analytical  CRM  to  optimize  their  customer  relationships. CRM Functions MEDFORIST
[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],MEDFORIST
[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],MARKETING AUTOMATION   designed to get the right mix of the company’s products and services in front of each customer at the right time SALES FORCE AUTOMATION   Collaborative tools that enable all parties to the transaction to interact with one another CUSTOMER SERVICE AND SELF-SERVICE Serving existing customer base through problem resolution systems, workflow automation and field service dispatch systems Capabilities that can be directly invoked by the customer on the internet via PC and wireless devices Operational CRM MEDFORIST
[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],DATA  WAREHOUSE   A process of assembling disparate data from all over the company transforming it to a consistent state for business decision making and empowering users by providing them with access to this information from multiple applications DATA MINING  The process of extracting and presenting new Knowledge, previously unpredictable, selected from databases for actionable decisions. The process of analyzing detailed data, to  extract and present actionable, implicit and  novel information to solve a business problem Analytical CRM MEDFORIST
[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],CRM - Stages ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],MEDFORIST
[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],CRM Business Process with  a Customer Focus ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],MEDFORIST
CRM and e-CRM CRM Technology  ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],MEDFORIST
eCRM Traditional CRM eCRM Telemarketing Direct Mail B.R.C. Responses Trade Shows Inbound Calls Press releases Meetings Product Demo’s Referrals E-Mail Blasts Web Registration Online Reply Instant Messaging Online Customer Service Web Demo’s Video Conference Online Prospect Database ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],MEDFORIST
[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],CRM Challenges ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],MEDFORIST
[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],CRM Difficulties ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],MEDFORIST
[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],CRM Architecture MEDFORIST
[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],MEDFORIST
[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],MEDFORIST
[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],MEDFORIST
[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],Step 4 – Determination of “what we do” - Shift from data collection and analysis to strategy - Enterprise goals revolve around customer  relationships - Customers receive support based on their value  to the company  - All corporate divisions share the same information on the customer and focus on customer’s  relationship with the company MEDFORIST
[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],Step 5 – CRM becomes a core competency - Maintaining customer relationships is a core competency of the business, ensuring a greater retention rate - The focus centers around redefining markets to position the company as the best of breed in the industry MEDFORIST
The End MEDFORIST

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