How to Win at CRM


Book Description

This book provides clarity and guidance on effective strategy, implementation and management of CRM. It explores both the conceptual and cultural context of CRM initiatives along with the particulars of CRM system implementation and management. In order to provide this clarity, it surveyed the existing academic publications surrounding CRM, sales force automation, and related topics within information systems literature. The book supplements this research with insights from CRM experts to provide a robust picture of the CRM landscape and how to improve it no matter what role you play within your organization. This book is for everyone who wants to achieve CRM success.




Why CRM Doesn't Work


Book Description

CRM was supposed to help businesses better understand their customers and increase efficiency. Yet most companies are not getting the return they expected. Is it possible to make customers happy and, at the same time, improve ROI? Is there a practical, affordable way to get customers to say what they really want? In Why CRM Doesn't Work, leading international marketing consultant Frederick Newell explains why it's time to change the game to CMR (Customer Management of Relationships). CMR allows companies to empower customers so they'll reveal what kind of information they want, what level of service they want to receive, and how to communicate with them--where, when, and how often. It is a bold solution for businesspeople at all levels in all industries who want to stay ahead of the curve in the development of customer loyalty. Newell shows by lesson and example why the current CRM isn't working, what needs to change, and how to put the CMR philosophy to work--without additional expense. The book includes case studies of good and bad relationship marketing from companies as diverse as Kraft Foods, Procter & Gamble, Budweiser, Charles Schwab, Dell, IBM, Lands' End, Sports Authority, Radio Shack, and Staples. With the knowledge in this book, a company can learn to build long-term relationships and bring in profits instead of relying on one-time sales. Why CRM Doesn't Work is important reading for companies of every size that are trying to satisfy and sell to today's consumer.




Remarkable Retail How to Win & Keep Customers in the Age of Digital Disruption


Book Description

In today’s dynamic retail landscape, managing customer expectations through data analytics to influence in-store experiences is crucial for fostering customer loyalty. This comprehensive book covers new-age topics such as green retailing, multi-channel retailing, religion-based retailing, and data analytics in retail. Additionally, it explores the retailing needs of different generational cohorts. Whether you’re a retail professional or a student, this book provides valuable insights into the evolving world of retail marketing management.




Key Success Factors for Implementing CRM in Sales Departments of B2B Companies


Book Description

Die Implementierung von CRM in einem Unternehmen ist mit vielen Herausforderungen verbunden, da eine solche Implementierung viel Zeit erfordert und hohe Kosten verursacht. Diese Kosten sind mitunter schwer zu rechtfertigen. Jedoch verspricht man sich, durch diese Technologie ein besseres Kundenverständnis zu erlangen und somit auch seine Umsätze nachhaltig steigern zu können. Leider ist es oft der Fall, dass Systeme, die das Kundenmanagement erleichtern sollen, genau das Gegenteil bewirken und somit zu Frust und Enttäuschung führen. Die vorliegende Arbeit beschäftigt sich mit den Erfolgsschlüsselfaktoren für die Implementierung von CRM in einer Vertriebsorganisation im B2B Bereich.




Handbook of CRM


Book Description

Customer Relationship Management is a holistic strategic approach to managing customer relationships to increase shareholder value, and this major Handbook of CRM gives complete coverage of the key concepts in this vital field. It is about achieving a total understanding of the concepts that underlie successful CRM rather than the plethora of systems that can be used to implement it. Based on recent knowledge, it is underpinned by: * Clear and comprehensive explanations of the key concepts in the field * Vignettes and full cases from major businesses internationally * Definitive references and notes to further sources of information on every aspect of CRM * Templates and audit advice for assessing your own CRM needs and targets The most lucid, comprehensive and important overview of the subject and an invaluable tool in enabling the connection of the major principles to the real world of business.




Statistical Methods in Customer Relationship Management


Book Description

Statistical Methods in Customer Relationship Management focuses on the quantitative and modeling aspects of customer management strategies that lead to future firm profitability, with emphasis on developing an understanding of Customer Relationship Management (CRM) models as the guiding concept for profitable customer management. To understand and explore the functioning of CRM models, this book traces the management strategies throughout a customer’s tenure with a firm. Furthermore, the book explores in detail CRM models for customer acquisition, customer retention, customer acquisition and retention, customer churn, and customer win back. Statistical Methods in Customer Relationship Management: Provides an overview of a CRM system, introducing key concepts and metrics needed to understand and implement these models. Focuses on five CRM models: customer acquisition, customer retention, customer churn, and customer win back with supporting case studies. Explores each model in detail, from investigating the need for CRM models to looking at the future of the models. Presents models and concepts that span across the introductory, advanced, and specialist levels. Academics and practitioners involved in the area of CRM as well as instructors of applied statistics and quantitative marketing courses will benefit from this book.




Sichtweisen


Book Description




Your Surefire Guide To CRM Success


Book Description

Implementing Customer Relationship Management (CRM) Software Can Be One Of The Most Important Decisions A Growing Company Can Make. In Your Surefire Guide to CRM Success, Matt Mountain and Randy Davis— Salesforce.com gurus and industry leaders—explain how your business can properly implement this software to receive a high return on your investment. In this book, Matt and Randy discuss the following: • How to define your company’s goals for proper CRM implementation • How to align employees to your vision • How to use software for not only sales but also marketing, operations, and customer service • How to use CRM to benefit your customers • How to continue maximizing and expanding your software in the future Many companies struggle in incorporating new software technology into their business model, but there is high potential for success if used correctly. If your company is considering the leap to CRM, this book is for you!




Implementing CRM


Book Description

Firms are continually seeking new ways to forge close relationships with their most valuable customers. With recent advances in networking and database management, firms have both the motivation and the means for improving their Customer Relationship Management (CRM) strategies. This book focuses on the actuality of implementing CRM. It is about the organization's ability to provide a seamless and personalized experience to each customer rather than a transactional or product-focused approach where the future of the relationship is not an over-riding consideration. This book connects CRM systems implementation with organizational change for the first time. It looks into the factors that distinguish firms which connect with their customers and gain customer loyalty with firms that are not as successful. It also describes the micro-processes that occur on a daily basis in a company and all the small decisions managers and employees take during the implementation of change and the creation of knowledge. Finnegan and Willcocks note that CRM implementation is not the straightforward process that many of the trade publications would have us believe. They state the failure rate of large CRM projects may be as high at 70%. Through the lens of two detailed case studies, the authors investigate why CRM is no panacea.




CRM to the People


Book Description

CRM to the People was written to help unite everyone in your organization with the vision of CRM attainment. Intentionally brief and to the point, it will become the main tool your company uses to encourage discussion, clarify expectations, and motivate people around the topic of customer relationship management (CRM ). The book was born from over twenty years of collaboration with companies implementing CRM strategy and technology. It differentiates itself from most CRM resources by speaking to every member of your company; not just CRM sponsors and IT professionals. It is honest, practical, and designed as a conversation-generator you should place in the hands of every member of your company. It serves as a powerful and common starting point for decision-making and alignment for companies launching CRM initiatives and a platform for resolution for companies already engaged in a CRM effort. CRM to the People is divided into ten short chapters, each expanding on a fundamental aspect of CRM success: Article 1: Intro to a Manifesto, is an invitation to make CRM the vehicle that connects all your corporate teams with the vision of improving the central relationships of your business through meaningful interactions. Article 2: Power to the Acronym, submits that CRM must return to its goal of managing relationships in spite of the reputation that has marred the acronym and its purpose. Article 3: Power to the Collaboration, calls for each member of your organization to work together to assess customer relationship management initiatives and implement them successfully, together. Article 4: Power to the Resolution, explores the important questions people are asking about CRM and guides you through the best ways to answer them to ensure company-wide support. Article 5: Power to the Relationships, expands on the similarities between our personal and business relationships and how CRM must be a tool for building them. Article 6: Power to the Interaction, brings awareness to specific, critical interactions your company must manage and which lead to genuine, heart-felt service. Article 7: Power to the Customer, challenges your perceptions of what constitutes CRM success and provides true measurements for ensuring it. Article 8: Power to the Instrument, addresses the role of CRM tools and applications as enablers in the CRM strategy. Article 9: Power to the Vertical, offers important considerations for customizing CRM to fit the needs of your company and industry. Article 10: Power to the Endeavor, encourages you to undertake the mandates that can transform your company and the lives of people. Reader blog and forums at www.CRMtothePeople.com