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customer relationship management the tattoo effect
“Retention is for wimps. We  measure the percentage  of  customers  who have our name tattooed on their body.”    (HarleyDavidson Annual Report)
CRM is a philosophy that is supported and enhanced by technology $11 Billion Industry - 2010  (Forrester Research)
traditional CRM models manage the sales cycle
CRM Pyramid
are we information centric?
the technology...
let the technology do the work... ,[object Object]
online signup
sales force automation (SFA)
planning and tracking of marketing campaigns,[object Object]
analytics and measurements
evaluation and follow up,[object Object]
what does this mean? customers are more connected to each other than to your company
customer management should focus on....  value creation not cost reduction effectiveness not efficiency CRM should have revenue targets
how does the customer benefit from CRM?
“80% of executives believe that their company delivers outstanding value and a superior customer experience. Only 8% of their customers agree” (Bain and Company)
customer management and us?

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Customer Relationship Management