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MKT502 - Customer Relationship Management
MKT502 - Customer Relationship Management
1. Course Overview
Customer Relationship Management (CRM) is not just a marketing initiative; it has become a strategic
initiative in most companies today. Therefore, the study of CRM has become imperative for aspiring
management professionals. The basic purpose of this course is to acquaint students with the
conceptual foundations of CRM, examining industry practices and discussing the relevant issues in
implementation of CRM. It also addresses the significance of CRM as a field of practice and its salience
for business entities, social institutions as well as community at large. During the course of studying
CRM, students are expected to comprehend and critique the principles, models, and strategies of CRM.
They are also expected to understand and manage customer life cycle, technology in CRM, the issues in
implementation of CRM as well as it applications across industries such as banking, retail, insurance,
hospitality etc.
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PLO-1 PLO-2 PLO-3
PLO-5
Comm Demonst Apply
Evaluate PLO6 PLO-7
unicat e rate relevan PLO-4
the Discus Leverag
effecti vely Leadersh t Develop relations PLO-8
s e
and display ip and concept an Demons
Teamwor
hip sustain technol
interperso ual entrepre trate
betwee able ogies
n k framew n eurial capabili
n and for
nel skills. towards orks for mindset t y as an
business ethical busines
achieve effectiv for Indepen
m optimal environ busine s
dent
e ss
ent of ment decisio
decisio business practic n learner
and
organizat nmakin solutions
organiza es s
ional g
tions
goals.
CLO1 Apply X (H)
concepts
fundament
a
l to
managing
customer
relationship
s
CLO2 X (L)
Assess the
impact of
Technology
on delivery
of CRM
CLO3 X (M)
Evaluate
best
practices of
CRM
References:
1. Customer Relationship Management, Dr. Jaspreet Kaur Bhasin, KLSI, Publisher: Dreamtech
Press 1. Shainesh, G. &Sheth J.N. (2006).Customer Relationship Management: A Strategic
Perspective. New Delhi: Macmillian.
2. Godson Mark, (2009). Relationship Marketing, Oxford New Delhi: University Press. (Referred
hereafter as MG)
3. Kumar, A., Sinha, C. & Sharma, R. (2008). Customer Relationship Management – concepts and
applications. New Delhi: Biztantra. (Referred hereafter as KSS)
4. Peppers, D. & Rogers, M. (2004) Managing Customer Relationships, Hoboken, NJ: John Wiley &
Sons: Inc.
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5. Customer Mania! It's Never Too Late to Build a Customer-Focused Company by Kenneth
Blanchard , Jim Ballard , Fred Finch (Contributor): Free Press
Readings:
5. Assessments
Assessment Item Description Weightage CLO
Quizzes There will be 2/3 quizzes of MCQ(s), open ended 20% 1
questions and fill in the blank(s) type and best 2 will be
considered
Pre/In/beyond class: In/beyond class
Mode of Sharing Feedback: Moodle grades
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Project Report and This is a group activity. Each group would be allocated an 10 % Report 3
Group Presentation industry by the faculty. The group members are required
+
to select two companies in the given industry and
analyze the CRM practices of these companies. The 10%
report should include the following: presentation
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Assignment Case Study Analysis 20% 1,2
Quiz 1-3 X
Written Project X
Report +
Presentation
Assignment X
End Term X X X
6. Session Plan
Session Topic Pedagogy Readings/Chapter No., CLO
Pages
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1. • Discussion of Course Outline Lecture and Discussion 1
• Formation of groups for project Discussion
• Introduction to CRM – Evolution, Bh/Ch. 1, Pp. 2-6
relevance, definition and types
SS/Ch. 2, Pp. 16-21
(Post session
read)- Blue Dart:
Providing Customer
Satisfaction @ Express
Speed
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4. Customer Value: an integral part of CRM Lecture and Discussion 1
and the start of managing CLC Discussion
Bh/Ch. 6, Pp. 74-81
Reading : 1
(Class
discussion session
5) Enterprise Ethos
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8. Customer Lifetime Value for retaining and Lecture and Discussion 1
development of customers Discussion
Bh/Ch. 8, Pp. 111-112
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13. Measuring Customer Satisfaction and Lecture and Bh/Ch. 7, Pp. 99-101 1
loyalty Discussion
Case Study:
Case and
(Post read session
Reading
12)Want to keep
customers coming
back? Invite their
participation
(Class discussion
session 12) What
Loyalty? High end
customers are first to
flee
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15. Operational CRM Lecture and Bh/Ch. 10, Pp. 156-165 1
Discussion
• Contact Centre o SLAs/KRAs o Bh/Ch. 11, Pp. 178-179
Lead Generation o Sales Case
Management o Service
Management o Marketing SS/ Ch. 9, Pp. 144-
Function o HRMS Video 154
Case Study :
18. Choosing CRM Tools / Software Package Lecture and Discussion SS/ Ch. 8, 3
• Shortlisting prospective CRM Discussion Pp. 130-131
vendor
• Setting evaluation criteria for the
appropriate CRM package
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Session Topic Pedagogy Readings/Chapter No., CLO
Pages
Reading :
Why CRM
Implementations Fail.
Instructions:
The continuous evaluation tools would be implemented as per schedule and collected for evaluation.
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Students are encouraged to visit videos available on Impartus, Youtube on TED talks, and readings
available at websites like courseera, etc.
Most of concepts are clear and Majority of concepts are clear Few concepts are clear and
understood by the student. The and understood by student. understood by student but
students has grasped the basic lacks in comprehensiveness
concepts of the course. The student is able to clearly or completeness.
define and differentiate
between key concepts but lacks
practical application or fails to
relate in to real life examples.
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same. Lacks application of to apply many of the are able to apply
conceptual frameworks. conceptual almost all of the
frameworks. conceptual
frameworks.
Overall Defense of The student seemed The student explained The student was
the Presentation confused and seemingly a few concepts of able to clearly
(Individual level) unable to defend the presentation but defend all the
presentation during Q/A. largely appeared arguments and
unable to offer clear questions raised
reasoning. and offered
justifications to the
satisfaction of class.
Quality of Analysis Neither critical review Critical analysis and Critical analysis and
nor analysis is done review is done but review is done which
nor are any limited or no is also supported by
suggestions provided. suggestions are some suggestions
provided
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Poor Fair Points Good Excellent Points
Points 0-8 9-20 Points 21-30 31 – 40
Hardly any concepts are Some of the concepts Most of concepts are Almost All concepts
clear and student is are clear and clear and understood by are clear
unable to understand the understood by student. Is able to apply and understood by
same. student. Is able to and analyze a the student. Is able
Lacks Application of key apply and analyze a many of the conceptual to apply and
concepts or frameworks few of the conceptual frameworks. analyze a almost all
frameworks. of the conceptual
frameworks.
It is the responsibility of every student to be aware of the requirements for this course, and
understand the specific details included in this document. It is emphasized that this course
requires a significant commitment outside of formal class contact. The learning tasks in this
course may include classes (lectures or seminars), required reading, the preparation of
answers to set questions, exercises and problems, and self-study. In addition, students may be
required to complete an assignment, test or examination.
LMS-Moodle/Impartus:
LMS-Moodle/Impartus is used to host course resources for all courses. Students can download
lecture, additional reading materials, and tutorial notes to support class participation.
Late Submission
Assessment tasks submitted after the due date, without prior approval/arrangement, will be
not be accepted. Requests for extension of time must be made with the faculty member
concerned and based on Special Consideration guidelines.
Plagiarism:
Plagiarism is looked at as the presentation of the expressed thought or work of another person
as though it is one's own without properly acknowledging that person.
Cases of plagiarism will be dealt with according to Plagiarism Policy of the institute. It is
advisable that students should read appropriate Section of Student Handbook for detailed
guidelines. It is also advisable that students must not allow other students to copy their work
and must take care to safeguard against this happening. In cases of copying, normally all
students involved will be penalized equally; an exception will be if the student can
demonstrate the work is their own and they took reasonable care to safeguard against
copying.
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9. CRM Footnotes :
A. What Should Students Learn :
Key concepts of Customer Relationship Management, How an understanding of CRM as
a practice, can be leveraged.
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