
MBA
Project on Customer Relationship Management
CRM (2009)
CRM
is an integrated effort to recognize, maintain, and build up a network
with individual consumers and to constantly strengthen the network for
mutual benefit of both sides, through interactive, individualized and
value-added contacts over a period of time. The core theme of all CRM
is its focus on co-operative and collaborative relationships between
the firm and its customers, and/or other marketing actors. CRM is based
on the premise that, by having a better understanding of the
customers’ needs and desires we can keep them longer and sell
more to them. An important facet of CRM is “customer
selectivity”. Several research studies have shown not all
customers are equally profitable. The company must therefore be
selective and tailor its program and marketing efforts by segmenting
and selecting appropriate customers for individual marketing programs.
In some cases, it could even lead to “outsourcing of some
customers” so that a company better utilize its resources on
those customers it can serve better and create mutual value. However,
the objective of a company is not to really prune its customer base but
to identify appropriate customer programs and methods that would be
profitable and create value for the firm and the customer.
- 13,000
words – 58 pages in length
- Good
use of literature
- In
depth analysis of CRM
- Ideal
for business & MBA students
- Excellent
MBA Project
Executive Summary
The Customers
Who are the
customers?
Knowing the
customers
Five New
Approaches to Customer Value
Customer
Relationship Management (CRM)
What is CRM?
How it works?
CRM’s
Evolution
Key Principles of
CRM
Reduce
operational cost
Enhance the
service
Sell more
services in the same package
Empower the
customer
Benefits
Benefits for
Organization
Benefits of CRM
to Customers
CRM
Status
Introduction
A Peep into the
Past
The Present
The Future
Future Advantages
of CRM
e-CRM
What is
e-CRM?
e-CRM Vs CRM
Why employ e-CRM?
The six
“E’s” of e-CRM
e-CRM Architecture
CRM
– IT or Management
The New Face of
Marketing
Integration of IT
and Management for implementing successful
CRM
Key
Areas of CRM
Major areas of CRM
Marketing
Automation
Sales force
Automation:
Customer service
Implementation
of CRM
Implementation of
CRM
Call Centre
CRM Interaction
Cycle
CRM
and The Internet Age
CRM --In the
Internet Age
Looking back: The
Industrial Era Model
Looking beyond:
The Internet Era Model
Integrated
CRM
Integrated
Customer Relationship Management
Myths
About CRM
Myths of CRM- The
4 Deadly Sins
Myth-1: CRM is
just about technology
Myth-2: CRM is
just about improving sales
Myth-3: You can
just buy a CRM package and bolt it onto your existing systems
Myth-4: A midsize
company's best bet is to use the same CRM package its larger
competitors do
CRM
at ICICI Bank
CRM Roadmap
Need for CRM
How CRM changed
the processes in ICICI?
How organizations
optimize cost in CRM?
Loopholes
E-CRM
CRM at HDFC Bank
CRM Roadmap:
How CRM changed
the processes in HDFC?
Benefits of CRM
Loopholes
CRM Conclusion
CRM at
CORPORATION Bank
Benefits of CRM
CRM Roadmap
CRM at CITI Bank
Benefits of CRM
CRM Roadmap:
Loopholes
CRM
Report Analysis
Report Analysis
Conclusions
Recommendation
Bibliography
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