
Explore the customer relationships matrix, a core crm building block, with four sub complements - introduction, relationships, dna and deconstruction, and customer lifecycle management for acquisition and retention.
Explore customer lifecycle management, focusing on acquisition, retention, and development to maximize customer lifetime value. Learn how segmentation, prospecting, channels, offers, and crm technologies drive profitable new customers and loyalty.
Examine strategic CRM through the customer value experience, detailing value proposition, the value equation (benefits over sacrifices), transaction and psychic costs, and total cost of ownership.
Discover how service quality, guarantees, and recovery programs create customer value, while people, physical evidence, and multi-channel communication strengthen CRM value delivery.
Learn how service automation in CRM integrates activity and case management with self-service. Access inbound and outbound communications management, IVR, invoicing, predictive dialling, scheduling, analytics, and workflow development.
Explore analytical CRM, its two subsets—customer related database development and management, and customer related data usage—and how data acquisition, enhancement, preparation, analysis, and delivery turn customer data into actionable insights.
Explore how CRM benefits link planning for success to CRM implementation, detailing CRM strategy development, building project foundations, needs specification, partner selection, implementation, and performance assessment.
CRM defines a business strategy that integrates internal processes and external networks to create value for targeted customers at a profit, powered by high-quality customer related data and information technology.
Explore the five core building blocks of customer relationship management—customer relationships, matrix, strategic CRM, operations CRM, and analytical CRM—along with CRM benefits and implementation considerations.
Explore SRM's arc framework, infrastructure revenue, intellectual capital, and client matrices, and see how the firm leverages 42 offices across 24 countries on six continents to drive growth across industries.
The lecture outlines four major service verticals offered by SRM Limited: growth consulting, business research events and conferences, leadership guilds, and a solutioning compendium that powers transformational growth.
Explore Africa through a geographical assessment profile, detailing its 54 sovereign states, population, GDP, languages, and hubs, to inform the strategic CRM audit across sales, loyalty, and repeat.
Explains customer experience management as the core of strategic CRM, detailing its integration with service marketing, total quality management, and CRM software to boost value, loyalty, and profitability.
CRM is a core business strategy that integrates internal processes and external networks to create value for targeted customers at a profit, powered by high-quality customer data and information technology.
Explore Aurum Corporation's three business verticals—business intelligence suite, corporate warfare suite, and knowledge lifecycle management suite—to deliver global research, advanced analytics, and knowledge solutions.
Materialize the crm strategy to build a single view of the customer by integrating data from all touchpoints. Enable analytical data mining through cohesive customer interaction mapping.
Align the operational CRM strategy to create a single view of the customer by integrating data from customer service, marketing, and sales touchpoints, enabling enhanced experience and data mining.
Analyze geographical assessment profiling for Australia as a country within CRM, outlining the target geography, stakeholders, and four global assessment standards: internal audit, pestle, swot.
Analyze swot analysis to reveal strengths and weaknesses and opportunities and threats, complementing pestle analysis and audits in shaping pre customer relationship management for Aurum Corporation in Australia.
Explains how the operational CRM execution hinges on aligning objectives, learnings, and executions, with three complements—sales force automation, marketing automation, and service automation—driving the case study.
Explore how service automation enhances customer experience through service quality modelling, excellence, and software applications, empowering call centers, help desks, and account teams to boost retention.
Welcome to our comprehensive course on Customer Relationship Management (CRM), where we delve into the intricacies of managing and nurturing customer relationships in today's dynamic business landscape. CRM has evolved from being a mere transactional tool to a strategic imperative for businesses seeking sustainable growth and competitive advantage. In this course, we will explore the multifaceted dimensions of CRM, from its fundamental principles to its strategic applications and operational intricacies.
Through a series of lectures and case studies, you will gain a deep understanding of CRM's role in enhancing customer satisfaction, driving loyalty, and maximizing profitability. We will start by introducing CRM, defining its core concepts, and tracing its historical development. From there, we will explore the customer relationships matrix, strategic CRM, operations CRM, and analytical CRM, covering everything from customer acquisition to retention and management.
Throughout the course, you will learn about various CRM tools, techniques, and technologies, including sales force automation, marketing automation, and service automation. We will also discuss the benefits of CRM and provide insights into successful CRM implementation and management.
Moreover, our course includes two comprehensive case studies that allow you to apply your knowledge to real-world scenarios, analyzing CRM strategies employed by different companies and their impacts on business performance.
Whether you are a marketing professional, business owner, or aspiring CRM specialist, this course equips you with the knowledge and skills needed to harness the power of CRM and drive customer-centric success. Join us on this exciting journey to unlock the secrets of effective customer relationship management and elevate your business to new heights of success.
Section 1: Introduction
In this section, students will receive a comprehensive introduction to Customer Relationship Management (CRM). Lecture 1 provides an overview of CRM, outlining its significance in modern business practices. Lecture 2 delves into the definition of CRM, elucidating its core concepts and functionalities. Lecture 3 offers a historical chronology, tracing the evolution of CRM and its pivotal moments. Lecture 4 explores the complements recorded in CRM systems, setting the stage for deeper exploration.
Section 2: Customer Relationships Matrix
This section focuses on understanding the intricate matrix of customer relationships. Lecture 5 delves into the complements within the matrix, elucidating the interplay between various factors. Lectures 6 to 9 continue the exploration, introducing students to CRMC (Customer Relationship Management and Commerce) and detailing the nature of customer relationships and lifecycle management.
Section 3: Strategic CRM
Strategic CRM is the focal point of this section. Lecture 14 examines the complements of strategic CRM, highlighting its strategic importance. Lectures 15 to 20 delve into customer strategic portfolio management, emphasizing the creation of value-rich experiences. Lecture 21 and 22 further explore customer experience management, a critical aspect of strategic CRM.
Section 4: Operations CRM
Operations CRM, its mechanisms, and automation are the core subjects of this section. Lectures 23 and 24 introduce students to the complements of operations CRM and delve into sales force automation. Lectures 25 to 28 continue the exploration, covering marketing automation and service automation in detail.
Section 5: Management ACRM
This section focuses on Analytical CRM (ACRM) and its management. Lecture 30 introduces students to the complements of ACRM, while Lecture 31 delves into the creation and management of customer-related databases, essential for strategic decision-making.
Section 6: CRM Benefits
In this section, students explore the benefits of CRM. Lecture 32 outlines the complements of CRM benefits, while Lecture 33 emphasizes the importance of success planning in realizing these benefits effectively.
Sections 7 and 8: Customer Relationship Management - Case Studies
These sections offer real-world insights through case studies. Students analyze two different companies' CRM strategies, starting from their introduction, vision, and mission to in-depth analyses such as SWOT, PESTLE, and CRM audits. They also examine specific CRM strategies implemented by these companies, providing practical insights into CRM application in diverse business settings.