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What Is e CRM Presentation
What Is e CRM Presentation
Sneha gupta
What is E-CRM
E- CRM is the process of maximizing sales to the existing customer, encouraging continuous
relationships through the use of digital communications technologies such as operational
databases, personalized web messages, Customer Service, Email and Social Media Marketing.
What is e CRM about?
Customer Selection
Customer Acquisition
Customer Retention
Customer Extension
Customer selection
Who do you target?
What value do they bring to your objectives?
What is their lifecycle?
Where do we find these customers?
Customer acquisition
Focus on the right segments and target them
Minimize acquisition costs
Make customer relationship and service quality a priority
Approach the appropriate platforms
Customer Retention
Know customers’ needs individually in order to
develop a good e CRM strategy
Offer value continuously in order to retain online
interest and improve customer relationship
Focus on delivering service quality to the utmost
standard
Choose the right channels for your strategy
Customer Extension
Recognize the customer’s relationship interest and
respond
“Cross Sell” and “Up Sell”
Service Quality
Use appropriate platforms/channels
Benefits of e CRM
Reducing costs in customer targeting
(customizing emails on large scale therefore
reducing costs for direct mail)
Service level improvements
Revenue growth
Productivity
Customer satisfaction
Difference between CRM AND E- CRM
CRM uses phone, fax and retail store for contacting customers while eCRM uses wireless, PDA
technology, internet and email.
The design of CRM system is related to job products and functions while the design of eCRM
system is related to customer needs.
The maintenance of CRM is very expensive while the maintenance of eCRM is less expensive
and requires only less time
WHY E- CRM
Gather and combine customer information into a unified picture
Response faster and accurately
Build customer loyalty
Due to the introduction of new technology
Due to globalization
Changing customer attitudes and expectations
To gain competitive advantage
To measure, create and increase income for the business
To reduce costs
Thank you