What is CRM? - mk0fayebsgwe3rw2lj56.kinstacdn.com€¦ · New Frontiers in CRM Customerization...

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www.fayebsg.com FayeBSG What is CRM?

Transcript of What is CRM? - mk0fayebsgwe3rw2lj56.kinstacdn.com€¦ · New Frontiers in CRM Customerization...

Page 1: What is CRM? - mk0fayebsgwe3rw2lj56.kinstacdn.com€¦ · New Frontiers in CRM Customerization –Mass Customization = Flexible processes and organizational structures to produce

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FayeBSG

What is CRM?

Page 2: What is CRM? - mk0fayebsgwe3rw2lj56.kinstacdn.com€¦ · New Frontiers in CRM Customerization –Mass Customization = Flexible processes and organizational structures to produce

Agenda

• What is CRM? • Areas of CRM • Fundamentals • Development • Objectives • Benefits

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FayeBSG

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What is CRM? Customer Relationship Management

• CRM is a platform used to manage the relationship with your customers and potential customers.

• Manages, tracks, and measures relationships.

• Allows you to provide a personal, unique experience

for every customer.

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Typical Areas of CRM Activity

• Sales Force Automation (SFA)

• Customer Service and Support (CSS)

• Help Desk

• Marketing Automation

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Fundamentals of CRM

• Understand your customer

• Exceed their expectations

• Provide superior service and support

• Establish and retain a long-term relationship

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The Top 6 Things CRM Can Do For You

(1) Gather and manage data.

(2) Create Processes.

(3) Sales Process Automation.

(4) Status Reports.

(5) Collaboration.

(6) Visibility and Metrics.

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Stages in the development of a Customer Relationship

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Pre-relationship stage

Early Stage Developmental

Stage Long-term

Stage Final Stage

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CRM Objectives

• Lifetime Value

• Customer Ownership

• Greater Internal Efficiency

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New Frontiers in CRM Customerization

– Mass Customization = Flexible processes

and organizational structures to produce

varied and individualized products and services.

– Personalization = Customization of features for more convenience, lower costs, and can utilize 100% of the CRM program.

– Segment-of-One Marketing = Based on the idea of learning individual reactions to marketing strategies, then treating this customer differently than other customers.

– Customerization = Mass customization + personalization + segment-of-one, dependent on a web-based or electronic interaction

The Benefits

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• Increased revenues

• More success

• Trimmed sales cycles

• More-efficient call center operations

• Improved sales forecasting

• Fewer customer issues

• Better-informed marketing and sales decisions

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Making CRM Happen

• Evaluate

• Set Goals

• Your Requirements

• Commit

• Research

• Expert Advice

• Act

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Faye Business Systems Group

Thank you

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6320 Canoga Avenue, 15th Floor

Woodland Hills, CA 91367

1 (818) 227-5130

For expert advice or a free SugarCRM trial call us now 818 227 5130

or email [email protected]