Tuesday, 18 September 2012

chapter 11 Building a Customer-Centric Organization – Customer Relationship Management

Customer Relationship Management (CRM)
CRM enables an organization to:

Provide better customer service
Make call centers more efficient
Cross sell products more effectively
Help sales staff close deals faster
Simplify marketing and sales processes
Discover new customers
Increase customer revenues

The Evolution of CRM

CRM reporting technology – 
help organizations identify their customers across other 
applications

CRM analysis technologies – 
help organization segment their customers into categories 
such as best and worst customers

CRM predicting technologies – 
help organizations make predictions regarding customer 
behavior such as which customers are at risk of leaving

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