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FayeBSG
What is CRM?
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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
www.fayebsg.com
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]