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CRM:-
CUSTOMER RELATIONSHIP MANAGEMENT

 CRM:-
          CRM is broadly recognized and
 widely implemented strategy for
 managing and nurturing a company‟s
 interactions with customer‟s clients and
 sales prospects. It involves using
 technology to organize automate and
 synchronize      business    process    –
 Principally sales activities, but also
 Those for marketing, Customer Services
 & technological support. When an
 implementation                         is
 effective,    people,    processes   and
 technology work in synergy to increase
 profitability, and reduce operational
 costs.
Customer

• There is only one boss. The customer! He can fire everybody in
  the company, from the chairman on down, simply by spending his
  money somewhere else.
                   ------------- Sam Walton, founder of Wal-Mart
• Our greatest asset is customer! Treat each customer as if they are
  only one!
                --------- LAURICE LEITAO
• Customer is king
• Know your customer……to capture & retain them!
• If, we don‟t take of our customers someone else
   will!
SERVICE SECTOR

             For the last 30 years there has been a substantial
shift. The primary and secondary sector to the tertiary sector in
industrialized countries. The tertiary sector is now the largest
sector of the economy. The service sector consists of the „soft‟
parts of the economy. Where people offer their knowledge and
time to improve productivity, performance, potentials the basic
characteristic of this sector is the production of services instead of
end products.
CRM IN SERVICE SECTOR
          The service sector is receiving
much deserved attention resulting from its
inevitable role in a country‟s economic
development. Where it is mainly focusing
of developing an inbound relationship
with the customer. Which helps in terms of
retaining the customer. Because service is
an       “intangible      good”     include
attention, advice, experience, discussion.
The scope of CRM in service sector is vast
where it includes Govt, health care /
hospitality
education, banking, insurance, financial, l
egal,            consulting,          news
media, hospitality(restaurants, hotels, cas
inos ), tourism, retail sales etc.,
Hospitality opts for CRM :-
• Developing CRM strategies

• Information and Communication Technologies(ICT)

• CRM based market research
Health Care Industry opts for CRM

 Communication Services

 Data base Construction

 CRM for Physicians

 Consulting Services
Information Technology opts for CRM




                  • Customertouch points
                  • Application server
                  • Data stores
Telecom sector opts for CRM

• Customer service is Key to
  sales and loyalty

• Customer service     become
  the differentiator
CONCLUSION
• Customer Relationship Management entails all aspects
  of interaction a company has with its customer, whether
  it is sales or service related; it starts with the foundation
  of relationship marketing.
  CRM is a systematic approach towards using
  information and ongoing dialogue to built long lasting
  mutually beneficial customer relationship. From the
  above all available data it is clear that how CRM is
  placing a vital role in service sector. So, it makes more
  strengthen this sector.
Closing Comments
• CRM requires a cultural change with organizations.
• CRM can be enabled by technology, but this alone will not
  deliver business benefits – change management is vital.
• The customer experience needs to be consistently enhanced.
• Its an ongoing business process and will create sustainable
  competitive advantage.

                              Remember
“ If you aren't listening to your customer, your competitors will.”

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Crm in service industry

  • 2. CUSTOMER RELATIONSHIP MANAGEMENT  CRM:- CRM is broadly recognized and widely implemented strategy for managing and nurturing a company‟s interactions with customer‟s clients and sales prospects. It involves using technology to organize automate and synchronize business process – Principally sales activities, but also Those for marketing, Customer Services & technological support. When an implementation is effective, people, processes and technology work in synergy to increase profitability, and reduce operational costs.
  • 3. Customer • There is only one boss. The customer! He can fire everybody in the company, from the chairman on down, simply by spending his money somewhere else. ------------- Sam Walton, founder of Wal-Mart • Our greatest asset is customer! Treat each customer as if they are only one! --------- LAURICE LEITAO • Customer is king • Know your customer……to capture & retain them! • If, we don‟t take of our customers someone else will!
  • 4. SERVICE SECTOR For the last 30 years there has been a substantial shift. The primary and secondary sector to the tertiary sector in industrialized countries. The tertiary sector is now the largest sector of the economy. The service sector consists of the „soft‟ parts of the economy. Where people offer their knowledge and time to improve productivity, performance, potentials the basic characteristic of this sector is the production of services instead of end products.
  • 5. CRM IN SERVICE SECTOR The service sector is receiving much deserved attention resulting from its inevitable role in a country‟s economic development. Where it is mainly focusing of developing an inbound relationship with the customer. Which helps in terms of retaining the customer. Because service is an “intangible good” include attention, advice, experience, discussion. The scope of CRM in service sector is vast where it includes Govt, health care / hospitality education, banking, insurance, financial, l egal, consulting, news media, hospitality(restaurants, hotels, cas inos ), tourism, retail sales etc.,
  • 6. Hospitality opts for CRM :- • Developing CRM strategies • Information and Communication Technologies(ICT) • CRM based market research
  • 7. Health Care Industry opts for CRM  Communication Services  Data base Construction  CRM for Physicians  Consulting Services
  • 8. Information Technology opts for CRM • Customertouch points • Application server • Data stores
  • 9. Telecom sector opts for CRM • Customer service is Key to sales and loyalty • Customer service become the differentiator
  • 10. CONCLUSION • Customer Relationship Management entails all aspects of interaction a company has with its customer, whether it is sales or service related; it starts with the foundation of relationship marketing. CRM is a systematic approach towards using information and ongoing dialogue to built long lasting mutually beneficial customer relationship. From the above all available data it is clear that how CRM is placing a vital role in service sector. So, it makes more strengthen this sector.
  • 11. Closing Comments • CRM requires a cultural change with organizations. • CRM can be enabled by technology, but this alone will not deliver business benefits – change management is vital. • The customer experience needs to be consistently enhanced. • Its an ongoing business process and will create sustainable competitive advantage. Remember “ If you aren't listening to your customer, your competitors will.”