grey worldwide: strategic repositioning through crm- shashank motepalli
TRANSCRIPT
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Grey Worldwide: Strategic Repositioning
Through CRM
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Grey Global Group
Industry Advertising, Marketing
Services Brand management, Marketing strategy, Creative development, Direct marketing, Public relations, Public affairs, Digital marketing, Production
Subsidiaries 16 Global Partner companies (some of them are Grey, G2, GHG, Beyond Interactive, Grey Direct, Grey Interactive, GCI Group, MediaCom Worldwide, Alliance, G WHIZ, WING, Grey EMEA)
Background
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Grey Worldwide Hong Kong and China
• established in 1978.• Core Business-
Communications.• Asian Strategy-
Building Relationships• Core strategy-
delivering integrated marketing expertise.
Viveca Chan,CEO of Grey Hong Kong and China
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Change in Media Industry
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Media Market in 2001
New Technology
Competition Rising Customer Expectations
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The CRM Industry in Asia
The market size for Asia-Pacific isn’t yet close to growth in the US. We can say the market size for Asia-Pacific is less than eight per cent of the US; although its growth rate is almost 200 per cent – even faster than the growth lines we saw in the US two years ago.- James Vogtle, CRM Industry Expert
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Multinationals
Idealpositioning
Traditionalconsultingfirms
LocalFirms
GreyWorldwide
Strategy Execution
Knowledge
Grey Worldwide e-Marketing Strategy
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Objectives for Grey• Conceive a CRM philosophy called Grey
Relationship Management• Reposition through defined e-marketing.• Build both brand equity and customer
equity(Data base).• The main goal of the GRM philosophy was
an integrated approach to create, identify, evaluate, capture, enhance, share and apply Grey’s intellectual
capital.
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Framework to access CRM strategy
Learning About CustomersKnowledge
AcquisitionCustomer
Differentiation
Customization of MarketsProduct/ServiceCommunication
sChannels
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1. build brands2. develop and manage customers3. create a positive brand experience for clients4. build brand through knowledge about the customer through constant dialogue
Grey Relationship Management
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Target Companies who have strong brand equity but want to develop CRM vision and plan.
Grey Relationship Management
Grey CharterBrand Future+
Target Companies with Traditional Marketing Needs
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How to reposition Grey?
Long Time Sustainable
Partner
Integrated Communication
Company
Comprehensive Business Strategy Company
Efficient Effective and Differentiated
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Measurement of CRM Implementation
Customer Loyalty
Brand EquityRetention
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These slides were created by Shashank Motepalli, as part of an internship done under the guidance of Prof. Sameer Mathur (www.IIMInternship.com)
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Prof. Sameer Mathur
Marketing Professor 2013 –-----------------------------------------------------------
Marketing Professor 2009-2013-----------------------------------------------------------
M.S(Marketing) and PhD 2003-2009
Shashank Motepalli
Summer Intern 2015--------------------------------------------------------------iMtech(IT) First Year
www.IIMInternship.com