– understand, – anticipate and – manage
the needs of an organization’s current and potential customers
Customer Relationship Management Workshop
Why - CRM
In practice, CRM is a process of
– Acquiring – Retaining and – Growing
profitable customers
Customer Relationship Management Workshop
Why - CRM
CRM require
– Segments of customers are chosen specifically for acquisition, management, cross-sales and retention
– Should be committed by the company’s CEO or the board
36%
$50-100
22%
89%
Segment II
$25-50
24%
14%
Segment I
3%
$25
40%
A small percentage of customers account for a large percentage of profits.
Source: Pricewaterhouse Coopers research
Why - CRM
• Today’s customers ask
– Not only for superior quality – But also for responsive service This can only be provided by