Customer Relationship Management unit 5 trends in crm
1. Prepared and presented by,
N. Ganesha Pandian,
Assistant professor,
Madurai School of management.
IIyearIIISemester
Academicyear2017-2018
2. what is e CRM?
The e-CRM or electronic customer relationship management
encompasses all the CRM functions with the use of the net
environment i.e., intranet, extranet and internet. Electronic CRM
concerns all forms of managing relationships with customers
making use of information technology (IT). e-CRM is enterprises
using IT to integrate internal organization resources and external
"marketing" strategies to understand and fulfill their customers
needs. Comparing with traditional CRM, the integrated
information for e-CRM intra organizational collaboration can be
more efficient to communicate with customers.
3. Customer contacts
System interface
System overhead (client computers)
Customization and personalization of
information
System focus
System maintenance and modification
5. In order to implement CRM in an effective way, one needs to
consider the following factors:
Create a customer-focused culture in the organization.
Adopt customer-based managers to assess satisfaction.
Develop an end-to-end process to serve customers.
Recommend questions to be asked to help a customer
solve a problem.
Track all aspects of selling to customers, as well as
prospects.
6. Today, more and more enterprise CRM
systems move to cloud solution , "up from 8
percent of the CRM market in 2005 to 20
percent of the market in 2008, according to
Gartner".
8. Steps to e CRM Success
Developing customer-centric strategies
Redesigning workflow management systems
Re-engineering work processes
Supporting with the right technologies
9. There are three main reasons that mobile CRM is becoming so
popular.
The first is that the devices consumers use are improving in
multiple ways that allow for this advancement.
Displays are larger and clearer and access times on networks are
improving overall.
Secondly, the users are also becoming more sophisticated. The
technology to them is nothing new so it is easy to adapt.
Lastly, the software being developed for these applications has
become worthwhile and useful to end users.
10. There are four basic steps that a company
should follow to implement a mobile CRM
system
Step 1 - Needs analysis phase
Step 2 – Mobile design phase
Step 3 – Mobile application testing phase
Step 4 – Rollout phase
11. The mobile channel creates a more personal direct
connection with customers.
It is continuously active and allows necessary
individuals to take action quickly using the
information.
Typically it is an opt-in only channel which allows for
high and quality responsiveness.
Overall it supports loyalty between the customer and
company, which improves and strengthens
relationships.
12. What is Data warehousing?
A data warehouse is the concept of data
extracted from operational systems and
made available as historical snapshots for ad-
hoc queries and scheduled reporting
13. Dimensional data model
Slowly Changing Dimension
Conceptual Data Model:
Logical Data Model
Physical Data Model
Conceptual, Logical, and Physical Data Model:
Data Integrity
14. – Parallel relational database designs that require a parallel
computing platform
– An innovative approach to speed up a traditional RDBMS by
using new index structures to bypass relational table scans
– Multidimensional database (MDDBs) that are based on
proprietary database technology or implemented using already
familiar RDBMS. Multidimensional
database are designed to overcome any limitations placed on the
warehouse by the nature of the relational data model
15. A Data Warehouse Delivers Enhanced Business
Intelligence
A Data Warehouse Saves Time
A Data Warehouse Enhances Data Quality and
Consistency
A Data Warehouse Provides Historical
Intelligence
A Data Warehouse Generates a High ROI
16. Decision makers don't access the Data
Warehouse directly. This is done through
various front-end Data Warehouse Tools that
read data from subject specific Data Marts.
The Data Warehouse can be either
"relational" or "dimensional". This depends on
how the business intends to use the
information.
17. What is Data mining?
Data mining or knowledge discovery, is the
computer-assisted process of digging through
and analyzing enormous sets of data and
then extracting the meaning of the data.
Data mining tools predict behaviors and
future trends, allowing businesses to make
proactive, knowledge-driven decisions.
19. Data mining technology is not only the simple
retrieval, query and transfer faced to special
database, it also should do microcosmic and
macroscopically statistics, analysis, synthesis
and reasoning to guide the solving of
practical problems
20. It refers to analyzing the consuming behavior
of certain customer group combining
customer information. And according to
different consuming behaviors changes,
individuation marketing strategies will be
established and the emphasis customer or
the customer with the trend of loss will be
selected.
22. Creation of strong marketing databases
Data analysis
Identify correct model
23. The world's most complete customer relationship management (CRM). From sales
force automation to socially-enabled business intelligence, Oracle offers the
broadest and deepest portfolio of CRM solutions that address all customer touch-
points and provide rich functionality to support the specific business needs for
organizations of every size to deliver a superior customer experience.
Industry focus—Over 20 industry tailored solutions
Insight—Embedded real-time business intelligence
Innovation—Industry recognized leader in CRM
Integration—End-to-end business processes
Infrastructure—Broadest choice of deployment options
24. Get smarter—with contextual intelligence, real-time
and historic analytics, and adaptive business
planning.
Get more productive—with integrated sales and
marketing in the cloud, Outlook/mobile integration
and industry specific solutions.
Get the best value, period—with a lower total cost
of ownership, enterprise grade security and your
choice of multi-tenancy or single-tenancy options.
25. SAP's CRM solution
includes several modules
that support key
functional areas
including:
SAP CRM Sales
SAP CRM Marketing
SAP CRM Service
SAP CRM Analytics
SAP CRM Interaction
Center
SAP CRM Web Channel
(which includes E-
Commerce, E-Marketing
and E-Service)
SAP CRM Partner Channel
Management
SAP CRM Web Client UI
SAP CRM Investigative
Case Management (ICM)
SAP CRM Social Service
SAP CRM Loyalty
Management (LM)
SAP CRM Real Time Offer
Management (RTOM)
SAP CRM Mobile Solutions
SAP CRM Trade Promotion
Management (TPM)