CRM (customer relationship management)

Definition

Managing a company’s interaction with current and potential future customers to improve

What it is about

Focusing on customer retention

Improve customer satisfaction

Provide added value to the customers

Aim at sales growth

Profitable customer relationships

Both parties are satisfied

The company

Maintain

Develop

Creates relationships

CRM

Customer relationship management system

Implementation and follow up

Objectives and strategies per segments

Customer data

Information sources of data

Customer databases

Internet (social media and pages)

Official authorities

Surveys, feedbacks

Gathering customer data
to understand him

Customer database

Shopping cart analysis

Observation and ethnographic research

Owned media

Inquiries and interviews

Generic research data

Predictions

Statistical data

Improving supply, service and customer experience

Marketing communications