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    CRM strategies

    Lect. Univ. Dr. Corina Pelau

    Lect. Univ. Dr. Corina Pelau 2

    Customer Relationship Managemnt

    0. Introduction1. Definition, development and importance of CRM2. Customer satisfaction, loyalty and relationship The effect chain of CRM3. CRM strategies4. Customer orientation in the Marketing-Mix5. Customer loyalty programs and other CRM specific instruments6. Customer relationship management on the internet7. Complaint and reclamation management8. Internal Marketing Employees as contact persons in the relation with

    the customer (Customer oriented structures/ departments in a company)

    9. Customer data bases10. Customer value and customer evaluation methods11. Applications of customer relationship management

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    Which aspects should be taken inconsideration in a CRM strategy?

    Lect. Univ. Dr. Corina Pelau 4

    Customer Relationship Strategy

    CRM

    STRATEGY

    Relational objectof CRM

    Target groupof CRM

    Types of customerrelations

    Cooperation

    strategies of CRM

    Intensity and timingof CRM

    CRMinstruments

    WHAT?

    WHOM?

    HOW?

    WITH WHAT?

    HOWOFTE

    NANDWHEN?

    WITH

    WHOM?

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    Lect. Univ. Dr. Corina Pelau 7

    Relationship to whom

    Questionmarkcustomers

    Star customers

    Selection customersRecommendation

    customers

    Customer valuehigh

    high

    low

    low

    Turnover

    Lect. Univ. Dr. Corina Pelau 8

    Relationship with what

    CRM Instruments

    Instruments of the Marketing Mix

    Loyalty programs

    Loyalty Cards

    Clubs

    Customer magazines

    Customer Newsletter

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    Lect. Univ. Dr. Corina Pelau 9

    Relationship with whom(cooperation partners)

    Co-branded loyalty cards

    Horizontal

    Vertical

    Lateral

    Co-branded Clubs

    Producer RetailerSynergies

    Information

    Customer relationship strategy

    Customers

    Lect. Univ. Dr. Corina Pelau 10

    Co-branded horizontal loyalty

    programs

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    Lect. Univ. Dr. Corina Pelau 11

    Co-branded lateral loyalty program

    Lect. Univ. Dr. Corina Pelau 12

    Relationship how

    Emotional relation

    Economical relation

    Contractual relation

    Functional relation

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    Timing of relationship

    Intensity and Timing of a customer relation:

    Determination of contact moments

    Determination of contact intervals

    Risks:

    Not to annoy the customers with to many information

    Reaction against loyalty programs

    Lect. Univ. Dr. Corina Pelau 14

    Timing of relationship

    Example buying of car

    01.07.2006 Present with the delivery of a car

    01.03.2007 Mail about the checking of the car

    11.05.2007 Mail with Birthday Wishes for the customer

    01.07.2007 One year after the transaction: survey with the satisfactionof the customer

    01.07.2008 Sending of an offer about new models

    01.10.2008 Mail about checking the car and information about newproducts

    .....

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    Which are the principles of CRM?

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    Principles of CRM

    (Source: Diller, 1995)

    Idea

    Interaction Integration

    Information InvestmentIndividuali-

    sation

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    Lect. Univ. Dr. Corina Pelau 17

    Information

    About

    customer behavior

    About customer satisfaction

    Customer loyalty

    Customer value

    ..

    Lect. Univ. Dr. Corina Pelau 18

    Investmentin services

    (Source: Meyer, Bluemelhuber, 2000, pg. 107-125)

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    Lect. Univ. Dr. Corina Pelau 19

    Investmentin services

    (Source: Meyer, Bluemelhuber, 2000, pg. 107-125)

    Lect. Univ. Dr. Corina Pelau 20

    Investment

    in communication with the customer

    (Source: Henning-Thurau, 2000, pg. 127-146)

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    Lect. Univ. Dr. Corina Pelau 21

    Efficiency of investment

    (Source: Henning-Thurau, 2000, pg. 127-146)

    Lect. Univ. Dr. Corina Pelau 22

    Efficiency of investment

    (Source: Henning-Thurau, 2000, pg. 127-146)

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    Individualization

    din 5 abonamente, unu-i sigur pentru tine

    Lect. Univ. Dr. Corina Pelau 24

    Individualization

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    Individualization

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    Integration & Interaction

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    Idea

    The value proposition of a company or a brand

    Value proposition is a marketing statement that summarizes why aconsumer should buy a product or use a service.

    Customer relationship marketing atVolkswagen

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    Volkswagen AG

    Volkswagen is the largest automobilemanufacturer in Europe

    Worldwide, there are more than 36million VW cars

    (Source: Chojnacki, 2000, pg. 49-58)

    Lect. Univ. Dr. Corina Pelau 30

    Customer analysis at VW

    (Source: Chojnacki, 2000, pg. 49-58)

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    Lect. Univ. Dr. Corina Pelau 31

    (Source: Chojnacki, 2000, pg. 49-58)

    Customer analysis at VW

    Lect. Univ. Dr. Corina Pelau 32

    Customer research results at VW

    (Source: Chojnacki, 2000, pg. 49-58)

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    Lect. Univ. Dr. Corina Pelau 33

    Club membership program at VW

    (Source: Chojnacki, 2000, pg. 49-58)

    Lect. Univ. Dr. Corina Pelau 34

    Loyalty program at VW

    (Source: Chojnacki, 2000, pg. 49-58)

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    Lect. Univ. Dr. Corina Pelau 35

    VW Database

    (Source: Chojnacki, 2000, pg. 49-58)

    Lect. Univ. Dr. Corina Pelau 36

    Customer information at VW

    (Source: Chojnacki, 2000, pg. 49-58)

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    Lect. Univ. Dr. Corina Pelau 37

    Data base services at VW

    (Source: Chojnacki, 2000, pg. 49-58)

    Lect. Univ. Dr. Corina Pelau 38

    Implementation of CRM

    DevelopmentObjective: Adaptation and innovation

    ImplementationObjective: Measures and competencies

    Initial phaseObjective: Acceptance and knowledge

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    Initial phaseAcceptance and knowledge

    Transmission of information about customer orientation anf aboutthe implementation project

    Making sure, that everyone understands the concept

    Making sure that everyone on all management levels are ready andwilling to be involved in the project

    Acceptance of implementation gaps

    Desire and acceptance of change

    Lect. Univ. Dr. Corina Pelau 40

    Implementation

    Measures and competencies

    Specification of concept parts for increasing the customerorientation

    Evaluation of measures and repartisation of responsabilities

    Creation of implementation teams

    Transformation of knowledge in know-how

    Adaptation of structures

    Development of sysytems

    Changing of companies culture

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    DevelopmentAdaptation and innovation

    Adaptation of companies potential for the implemented CRMstrategy

    Qualification of employees and creation of incentive- andmotivation systems

    Making customer oriented thinking and acting as something usual

    Combination of revolutionary and evolutionary thinking

    Questions?