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An Overview of
ProvisionShop

CRM

Customer Relationship

Management as an

Essential Service

Component




A ProvisionShop Document

January 2001 First Release

October 2003 Updated
An Overview of
                                        ProvisionShop CRM

         Content Summary


               Page   Title



                  4   Executive Summary



                  5   Introduction



                  6   Customer Relationship Management (CRM)



                  8   How it works for Business Partners (BPs)



                 10   How it works for End-Consumers (ECs)




Page 2 of 11                                             ProvisionShop CRM, January 2001
An Overview of
                                                                                  ProvisionShop CRM

        Detailed Content


                           Page           Title

                                          Executive Summary
                                  4                 W h a t i s P r o v i si o n S h o p

                                          Introduction
                                  5                 O u r M i s si on

                                  5                 Unique Qualities

                                  5                 C r e a m de l a Cr e a m

                                  5                 What is B2B(2C) ?

                                          Customer Relationship Management (CRM)
                                  6                 What is Hybrid ASP ?

                                  6                 Why use Hybrid ASP for CRM ?

                                  7                 P r of i t i n g f r o m I n n e r S t r e n g t h s

                                          How it works for Business Partners (BPs)
                                  8                 On the Back-End

                                                               2 Solutions

                            8 to 9                  On the Front-End

                                                               7 S h a r e d Co s t s

                                          How it works for End-Consumers (ECs)
                         10 to 11                   7 Top Value Proposals




Customer Relationship Management as an Essential Service Component                                           Page 3 of 11
An Overview of
                                                                                   ProvisionShop CRM

                                          Executive Summary


                                          What is ProvisionShop
 “ProvisionShop is the resurrection of    P r ov i si o n S h o p i s t h e r e s u r r e ct i on o f r e t a i l o u t l e t s, i nd i v i d u a l l y
   retail outlets, individually owned,
                                          o w n e d , t h a t w e r e s o c o m m o n i n t h e p a s t , b e f o r e t he e r a o f
   that were so common in the past,
      before the era of the huge and      t h e h u g e a n d i n t i mi d a t i n g S u p e r / H y p e r - M a r t s. I t r e p r e se n t s
 intimidating Super / Hyper-Marts. It
                                          the      e n a b l e m e nt        of     small        business           owners          and        their
 represents the enablement of small
           business owners and their      operational autonomy, of which they so value, in their
operational autonomy, of which they       s e r v i ce t o t h e c o m m u n i t y t h e y a r e i n.
      so value, in their service to the
               community they are in.”
                                          P r ov i si o n S h o p ’ s    main       business          focus        is    B u s i ne s s    P a r t ne r
                                          e n a b l i n g . G i v i n g i n di v i d u a l s h o p - k e e p e r s t h e a b i l i t y , p o w e r ,
                         Kenneth Kam,     leverage          and         r e a ch    they      ne e d        to    better          service      their
           Founder, Chairman & CEO
                                          e x i st i n g & p o t e n t i a l c u s t o m e r s . T h i s i n c r e a s e s e a c h B u s i n e ss
                 ProvisionShop Pte Ltd
                                          Partner’s chance of survival & dynamic profitability.
                                          T o t h e c o n s u m e r s , P r o v i s i o n S ho p s y m b o l i s e s t he e c s t a t i c a l
                                          o p p o r t u ni t y t o i n c r e a s e t h e i r b u y i n g c o n v e n i e n c e , c h o i c e &
                                          s e l e ct i o n s a n d a t t he s a m e t im e l o w e r s s u b s t a n t i a l l y t h e i r
                                          purchase            p a y m e nt ,        transactional                du r a t i o n     and        most
                                          important           of    all,     allows        them        to    ride       on    the         pride    of
                                          association with the most Modern, Innovative, State-of-Art,
                                          One-Stop, Knowledge-Based New Economy Retail Model.




Page 4 of 11                                                                                                        ProvisionShop CRM, January 2001
Introduction


                                          Our Mission
  “Our aim is to enable our Business      O u r a i m i s t o e n a b l e o u r B u si n e s s P a r t n e r s , t o b u i l d f o r
  Partners, to build for themselves a
                                          themselves a more profitable & relevant, customer centric
more profitable & relevant, customer
 centric enterprise, maximising their     e n t e r p r i s e , m a x i m i s i ng t h e i r e a s e o f o p e r a t i o n , u si n g o u r
  ease of operation, using our Multi-
                                          Multi-Channel capabilities.
              Channel capabilities.”



                       Kenneth Kam,
           Founder, Chairman & CEO
                                          Unique Qualities
               ProvisionShop Pte Ltd
                                          A n a p p r e ci a t e d & s p e c i a l q u a l i t y t h a t P r ov i si o n S h o p h a s i s
                                          t h e a b i l i t y t o u l t i ma t e l y s a v e t i me & mo n e y f o r t h e e n d -
                                          consumers,             giving         them          more      opportunities                 with       t he ir
                                          f a m i l i e s , f r i e n d s & ca r e e r s .


                                          Cream de la Cream
                                          P r ov i si o n S h o p h a s s e t i t s f o c u s t o b u i l d a G l o b a l L e a d i n g
  “ProvisionShop has set its focus to
     build a Global Leading Brand in      Brand        in    Multi-Channel                   Retail   E n a b l e me n t .       It       does    this
 Multi-Channel Retail Enablement. It
                                          t h r o u g h i t s c h o i c e o f L e a di n g E x p e r t s & Co n s u l t a n t s i n t h e i r
      does this through its choice of
    Leading Experts & Consultants in      o w n f i e l d s i n c l u di n g A s i a ’ s f or e m o s t B r a n d C o n s u l t a n t &
                   their own fields.”
                                          A d v i se r , D r P a u l T e m p o r a l ( a u t h o r o f ‘ B r a n di n g i n A s i a ’ ,
                                          ‘ C o r p o r a t e C h a r i s m a ’ , ‘ S t r a t e g i c P o s i t i on i n g ’ , ‘ H i - T e c h , H i -
                       Kenneth Kam,
           Founder, Chairman & CEO
                                          Touch’         &     ‘Romancing               the      Customer’            e t c. )        &    Business
               ProvisionShop Pte Ltd      Consultation through Global Top-Five Business Consulting
                                          Group, KPMG.



                                          What is B2B(2C) ?
                                          B 2 B m e a n s ‘ B u s i n e s s t o B u s i ne s s ’ w h e r e t he o b j e ct i v e i s t o
                                          s e r v i ce o t he r b u si n e s se s & p r o f i t f r o m i t .
                                          B 2 C m e a ns ‘ B u s i n e s s t o C o n s u m e r s ’ w h e r e t h e m i s si o n i s t o
                                          s e r v i ce t h e e n d - c o n s u m e r s f o r a g o o d r e t u r n .
                                          P r ov i si o n S h o p r e c o g n i s e s t he i m p o r t a n ce o f e q u i p p i n g &
                                          e n a b l i n g sm a l l b u s i ne s s o w n e r s s o t h a t t h e y c a n b e s t a t t e n d
                                          t o t h e p r e c i s e n e e d s o f t h e e n d - c o n s u m e r s , t h u s B 2 B ( 2 C ),
                                          ‘Business to Business to Consumers’.




Customer Relationship Management as an Essential Service Component                                                                           Page 5 of 11
Customer Relationship Management (CRM)


                                           What is Hybrid ASP ?
                                           T h e A S P ( A p p l i c a t i o n S e r v i c e P r o v i d e r ) m od e l h a s b e e n t h e
        “The Hybrid-ASP (Application
         Service Provider) Model that      d r i v i n g f o r c e t h a t h e l p e d b u s i ne s s e s s a v e i n t e r m s o f s h a r e d
  ProvisionShop adopts eliminate the
                                           cost      of     so f t w a r e      &    essential          hardware             configurations.
 difficult entry barriers that prohibits
  small business owners. It simplifies     T r a d i t i o n a l l y , A S P s a r e r u n n e d b y D a t a - C e n t r e s a nd i s I T -
   the essential business functions &
                                           centric.
 enhances the efficiency each small
  business owners could ever wish to       H y b r i d - A S P i s t h e p a ck a g i n g o f s h a r e d I T co s t s w i t h b u s i n e ss
    have. It also give rise to building    operational             &      k no w l e d g e       costs,        u nd e r       an      a t t r a ct i v e
  quality customer relationships that
       most existing small businesses
                                           p a r t n e r s h i p p r o g r a m.
        neglect due to lack to time &      T h e H y b r i d - A S P m o de l c o u l d h e l p b u si n e s s e s i n c r e a s e t he i r
                          knowledge.”
                                           customer           relations,          elevating          their      e n d -c o n s u m e r ’ s      total
                                           worth i.e. Life-Time Value (LTV) & leveling expenditure rates
                         Kenneth Kam,
            Founder, Chairman & CEO        i.e. Value For Money (VFM). In other words, it will enable
                 ProvisionShop Pte Ltd
                                           business owners to concentrate on running their businesses
                                           r a t h e r t h a n s p e n d i n g t i m e m a i nt a i n i n g i t .



                                           Why use Hybrid ASP for CRM ?
                                           CRM, by virtue of its high price, is usually out of reach to
                                           t h e i n d i v i du a l s m a l l b u s i n e s s o w n e r s . C o m p r e h e n si v e C R M
                                           packages            i n c l u de s     Contact-Centre                 Ma n a g e m e n t ,         Front-
                                           Office          Software,              CRM         Modeling,              Web-Collaboration,
                                           C o m p u t e r T e l e p h o n y I n t e r f a ce & T o t a l S y s t e m I nt e gr a t i o n
                                           etc.
                                           T h e H y b r i d- A S P ( A p p l i c a t i o n S e r v i ce P r ov i d e r ) M o d e l t h a t
                                           P r ov i si o n S h o p a d o p t s e l i m i n a t e t h e d i f f i c u l t e n t r y b a r r i e r s
                                           t h a t p r o h i b i t s s m a l l b u s i n e s s ow n e r s . I t si m p l i f i e s t he
                                           e s s e n t i a l b u s i n e s s f u nc t i o n s & e n h a n c e s t h e e f f i ci e nc y e a c h
                                           s m a l l b u si ne s s o w n e r s c o u l d e v e r wi s h t o h a v e . I t a l so g i v e
                                           r i se t o b u i l d i n g q u a l i t y c u s t o m e r r e l a t i o n s h i p s t h a t m o s t
                                           e x i st i n g s m a l l b u si n e ss e s n e g l e ct d u e t o l a c k t o t i me &
                                           knowledge.




Page 6 of 11                                                                                                         ProvisionShop CRM, January 2001
Profiting from Inner-Strengths ?
                                          Imagine            running         a     typical         retail       b u si n e s s ,   serving            your
  “ProvisionShop brings back the joy
         of owning a retail business,     customers, while still bogged down with back-end support
        including peace of mind and
                                          f u n c t i o n s , f r o n t -e n d p r o c u r e m e n t s & ot h e r r e sp o n s i b i l i t i e s .
  control. These kind of essential in-
 ward holding strengths, gives better     T h i s b e c om e s s t r e s sf u l , n o t p r o d u c t i v e , n o t e f f i ci e n t , n o t
 job-satisfaction & interaction, more
                                          e f f e ct i v e a n d d e f i n i t e l y n o t a w h o l e l o t o f f u n .
timely ‘extra-mile’ customer services
    and thus resulting in good profit-    P r ov i si o n S h o p      brings        back         the       joy     of     owning           a     r e t a il
generating recurring purchases from
                                          b u s i n e s s , i n c l u d i n g p e a c e o f m i n d a n d c o n t r o l . T h e s e k i nd
            these paying customers.”
                                          of essential in-ward holding strengths, gives better job-
                                          s a t i sf a ct i on & i n t e r a c t i o n , m o r e t i m e l y ‘ e x t r a - m i l e ’ c u s t o m e r
                        Kenneth Kam,
           Founder, Chairman & CEO        s e r v i ce s     and        thus       resulting           in     good          p r of i t - g e n e r a t i n g
                ProvisionShop Pte Ltd
                                          r e c u r r i n g p u r c h a s e s f r o m t h e s e p a y i n g c u st o m e r s.
                                          In    t hi s     u n- f o r g i v i n g b u s i n e s s w o r l d ,      the      lack       of     in-ward
                                          s t r e n g t h , i n t h i s c a se , c o u l d r e n d e r a l l o u t - w a r d b u s i n e s s
                                          a c t i v i t i e s se n s e l e s s , f u t i l e , u n s u s t a i n a b l e & u n p r of i t a b l e .




Customer Relationship Management as an Essential Service Component                                                                                Page 7 of 11
How ProvisionShop CRM works for
                                           Business Partners (BPs)

                                           O n t h e B ac k - E n d
“ProvisionShop’s differentiated Brand      A t y p i c a l sm a l l b u si n e s s o w n e r s d e a l s w i t h a t l e a s t 3 0 t o 5 0
       identity & it’s strong front-end
                                           s u p p l i e r s, i n t e r a ct s w i t h t h e m s e p a r a t e l y l o s i n g v a l u a b l e
  support puts these problems into a
               justifiable perspective.”   t i me , p a y s t h e m s e p a r a t e l y r e d u c i n g b a d l y n e e d e d c a s h -
                                           flows.
                         Kenneth Kam,      P r ov i si o n S h o p ’ s H y b r i d - A S P h e l p s s o l v e s t h e s e p r o b l e m s b y
           Founder, Chairman & CEO
                  ProvisionShop Pte Ltd
                                           creating 2 Solutions ;


                                           1. A One-Stop Supply & Procurement Hub i.e. ProvisionShop
                                                Logistic Hub, where Business Partners (PBs) could have
                                                t h e q u a n t u m b e n e f i t o f d e a l i n g w i t h o n e su p p o r t
                                                c o n t a c t p o i n t f o r m o r e t h a n 5 0 0 s u p p l i e r s. T h i s i n d u c e s
                                                s a v i n g s f r o m e c o n o m y o f s c a l e t h r o u g h b u l k - p u r c h a se s
                                                a n d a c e nt r a l l o g i st i c i n f r a st r u c t u r e .


                                           2. Proper Cash-Flow Management i.e. ProvisionShop
                                                Finance & ProvisionShop Credit, extends desirable
                                                b u s i n e s s - t o- b a n k c r e di t t e r m s a nd c r e di t wo r t h i ne s s , a l l
                                                p o s s i b l e wi t h s h a r e d & s o u n d f i n a n c i a l k n o w l e d g e - b a s e .


                                           On the Front-End
                                           While       serving        paying          customers,            typical      small      business
                                           o w n e r s u s u a l l y st r u g g l e s w i t h l ook i n g f o r hi r e d h e l p , t r a i n i n g
                                           t h e m & wa t c h i n g t h e m g o t o a b e t t e r p a y i n g c o m p e t i t o r,
                                           trying to implement complicated security systems & finally
                                           deciding not to go ahead, due to cost, time & unforeseen
                                           s t r e s s , o r ga n i s i n g l ow - b u d g e t m a r k e t i n g / s a l e s c a m p a i g n s
                                           & r e a l i s i n g t h a t t h e y a r e n o t e f f e c t i v e , a n d t h i n k i ng a b o u t
                                           b u s i n e s s de v e l o p m e n t … j u s t t h i n k i n g e t c .
                                           P r ov i si o n S h o p ’ s d i f f e r e n t i a t e d B r a n d i de n t i t y & i t ’ s s t r o n g
                                           f r o n t -e n d s u p p o r t p u t s t h e s e p r o b l e m s i n t o a j u s t i f i a b l e
                                           p e r sp e ct i v e .




Page 8 of 11                                                                                                       ProvisionShop CRM, January 2001
T h i s a l l o w s B P s t o t a k e u s a s “ T r u s t e d P a r t ne r s ™ ” t h r o u g h
                                          t h e s e 7 S ha r e d C o s t , n a m e l y ;


                                          1. Shared Business Operational Cost i.e. ProvisionShop
                                               S y s t e m s , wh e r e B u si ne s s P a r t n e r s ( P B s ) e n j o y s i m p l e t o
                                               u s e , f a st t o i m p l e m e n t b u s i n e s s o p e r a t i o n e x p e r t sy s t e m s .


                                          2. Shared Business Knowledge Cost i.e. ProvisionShop
                                               Franchise & ProvisionShop University, extending the art
                                               o f d o i n g b u s i n e s s wi t h t h e a r t o f l e a r ni n g a n d c o n t i nu a l
                                               perpetual improvements.


                                          3. Shared Staff Training Cost i.e. ProvisionShop Trainees,
                                               e n s u r i n g a g o o d f l o w o f n e w b l oo d t o s u p p l e m e nt t h e
                                               i m p e n di n g l a b o u r s h o r t a g e s.


                                          4 . S h a r e d A dv e r t i s i n g & P r o m o t i o n a l C o s t i . e . P r o v i s i o n S h o p
                                               A d v e r t i s i n g , c o m b i ni n g d e p t h a n d p u n c h i n t h e r e gu l a r
                                               p u b l i ci t y a w a r e n e s s c a m p a i g n s.


                                          5 . S h a r e d I n i ti a l S e t t i n g -U p C o s t i . e . P r o v i s i o n S h o p S e t - U p ,
                                               P r o v i s i o n S h o p D e s i gn s & P r o v i s i o n S h o p R e n o v a t i o n s ,
                                               p u t t i n g c on c e n t r a t i o n , s p e e d & m o b i l i t y t o s p r o u t i ng
                                               r e t a i l p r e se n c e i n g e o g r a p h i c a l l y d e n s e l y p o p u l a t e d,
                                               h i g h n e e d s / hi g h t r a f f i c a r e a s.


                                          6. Shared Customer Relationship Cost i.e. ProvisionShop
                                               C o n t a c t C e n t r e , P r o vi s i o n S h o p C o n s u m e r S e r v i c e s , &
                                               P r o v i s i o n S h o p B y A pp o i n t m e n t, c r e a t i n g g r e a t e r f oc u s e d ,
                                               c u s t o m e r -c e n t r i c , l a s t i n g b u y i ng / b r a n d e x p e r i e n ce .


                                          7. Shared Marketing Cost i.e. ProvisionShop Loyalty
                                               P r o g r a m s , i n c r e a si n g c h a n c e s o f c u st o m e r r e t e n t i o n &
                                               referrals etc.




Customer Relationship Management as an Essential Service Component                                                                          Page 9 of 11
How ProvisionShop CRM works for
                                         End-Consumers (ECs)

  “ProvisionShop’s strong foundation
                                         P r ov i si o n S h o p ’ s     mammoth               i n f r a st r u c t u r e    would             be
    continually supports and ensures     t r a n s p a r e nt b u t cr i t i c a l t o t h e e n d - c o n s u m e r s (E C s ) . W h i l e
operational smoothness, guarantying
         fuller customer-satisfaction,
                                         E C s a r e mo r e p r e - o c c u p i e d wi t h t h e s e l e c t i o n , t r a n s a c t i on
           enhanced buying & brand       & a c q u i si t i o n p r o c e s s , P r ov i si o n S h o p ’ s       strong foundation
     experience, lowered purchase-
                                         c o n t i n u a l l y s u p p o r t s a n d e n s u r e s o p e r a t i o n a l s m o o t h n e s s,
   expenditure rate, extended multi-
        channel convenience, larger      g u a r a n t y i ng f u l l e r c u s t o m e r - s a t i s f a c t i o n , e n h a n c e d b u y i ng
selection & choice, quality proximity
                                         & b r a n d e x p e r i e n ce , l o w e r e d p u r c h a se - e x p e n d i t u r e r a t e ,
       customer services & of course
          regained valuable family /     e x t e n d e d m u l t i - c h a n n e l c o n v e n i e n c e , l a r g e r s e l e ct i o n &
                    individual time.”
                                         c h o i c e , q u a l i t y p r ox i mi t y c u st o m e r s e r v i ce s & o f c o u r se
                                         r e g a i n e d v a l u a b l e f a m i l y / i n di v i d u a l t i me .
                        Kenneth Kam,
           Founder, Chairman & CEO
                                         In all, it hopes to win permanent patronage from ECs
                ProvisionShop Pte Ltd    t h r o u g h i t s B P s b y e n s u r i n g “ V a l u e ! A n y t i m e , A n y wh e r e . ™ ”
                                         t h r o u g h t he s e 7 T o p V a l u e P r o p o s a l s ;


                                         1. Top Value Multi-Channel Convenience i.e. ProvisionShop
                                              S y s t e m s , i nc r e a si n g co n t a c t p o i n t s f or s m oo t h e r
                                              c o n s u m e r s e l e ct i o n , t r a n s a c t i o n & a cq u i si t i o n p r o c e s s .


                                         2 . T o p V a l u e B r a n d E x pe r i e n c e i . e . P r o v i s i o n S h o p B r an d ,
                                              e x t e n d i n g t h e a r t of sh o p p i n g wi t h t h e a r t o f b u y i n g
                                              t h r o u g h e nh a n c e d c u s t o m e r - c e n t r i c m u l t i -c h a n n e l
                                              advantage.


                                         3 . T o p V a l u e C u s t o m e r S e r v i c e i . e . P r o v i s i o n S h o p C u s to m e r
                                              Care Officers, supplemented by Retail trainees to
                                              c o m p l e t e t h e t ot a l s e r v i c e f a c t or .


                                         4. Top         Value          Awareness          C a m pa i g n s        i.e.      ProvisionShop
                                              Advertising, combining depth and punch in the regular
                                              p u b l i ci t y   awareness           c a m p a i gn s       to       bring    home         t he
                                              message.




Page 10 of 11                                                                                                    ProvisionShop CRM, January 2001
An Overview of      5. Top Value Retail Experience i.e. ProvisionShop Retail
                  ProvisionShop CRM
                                               F r a n c h i s e , p u t t i n g c on c e n t r a t i o n , s p e e d & m o b i l i t y t o
 Customer Relationship Management              s p r o u t i n g r e t a i l p r e s e n c e i n a r e a s m o s t c on v e n i e n t t o
  as an Essential Service Component
                                               consumers.

January 2001 Updated October 2003

                                          6. Top Value Customer Relationship i.e. ProvisionShop
                              Author:          C o n t a c t C e n t r e , P r o vi s i o n S h o p C o n s u m e r S e r v i c e s , &
                        Kenneth Kam
                                               P r o v i s i o n S h o p B y A pp o i n t m e n t, c r e a t i n g g r e a t e r f oc u s e d ,
                                               c u s t o m e r -c e n t r i c , l a s t i n g b u y i ng / b r a n d e x p e r i e n ce t o
   ProvisionShop World Headquarters
        9, Temasek Boulevard #31-02            s e r v i ce e v e r y n e e d s & m e e t i n g e v e r y w a nt s .
                   Suntec Tower Two
                   Singapore 038989
                                          7 . T o p V a l u e P r o x i m i ty M a r k e t i n g E n c o u n t e r i . e .
                Worldwide Inquiries:           P r o v i s i o n S h o p L o y al t y P r o g r am s , i n c r e a s i ng c h a n c e s o f
                Phone: +65.820.2022
                                               customer retention & referrals through an unique
                   Fax: +65.234.2022
                                               c u s t o m e r r e w a r d sy s t e m .
             info@ProvisionShop.com
             www.ProvisionShop.com



      Only ProvisionShop’s Complete
   Retail Strategy can enable you to
    build better business value & be
           closer to your customers.



                       ProvisionShop
                   is a trademark of
               ProvisionShop Pte Ltd,
              the Holding Company.



 Various product and service names
          referenced herein may be
trademarks of ProvisionShop Pte Ltd.
All other product and service names
   mentioned may be trademarks of
            their respective owners.



             Copyright © 1999 - 2001
               ProvisionShop Pte Ltd
                  All rights reserved.




Customer Relationship Management as an Essential Service Component                                                                     Page 11 of 11

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ProvisionShop CRM

  • 1. An Overview of ProvisionShop CRM Customer Relationship Management as an Essential Service Component A ProvisionShop Document January 2001 First Release October 2003 Updated
  • 2. An Overview of ProvisionShop CRM Content Summary Page Title 4 Executive Summary 5 Introduction 6 Customer Relationship Management (CRM) 8 How it works for Business Partners (BPs) 10 How it works for End-Consumers (ECs) Page 2 of 11 ProvisionShop CRM, January 2001
  • 3. An Overview of ProvisionShop CRM Detailed Content Page Title Executive Summary 4 W h a t i s P r o v i si o n S h o p Introduction 5 O u r M i s si on 5 Unique Qualities 5 C r e a m de l a Cr e a m 5 What is B2B(2C) ? Customer Relationship Management (CRM) 6 What is Hybrid ASP ? 6 Why use Hybrid ASP for CRM ? 7 P r of i t i n g f r o m I n n e r S t r e n g t h s How it works for Business Partners (BPs) 8 On the Back-End 2 Solutions 8 to 9 On the Front-End 7 S h a r e d Co s t s How it works for End-Consumers (ECs) 10 to 11 7 Top Value Proposals Customer Relationship Management as an Essential Service Component Page 3 of 11
  • 4. An Overview of ProvisionShop CRM Executive Summary What is ProvisionShop “ProvisionShop is the resurrection of P r ov i si o n S h o p i s t h e r e s u r r e ct i on o f r e t a i l o u t l e t s, i nd i v i d u a l l y retail outlets, individually owned, o w n e d , t h a t w e r e s o c o m m o n i n t h e p a s t , b e f o r e t he e r a o f that were so common in the past, before the era of the huge and t h e h u g e a n d i n t i mi d a t i n g S u p e r / H y p e r - M a r t s. I t r e p r e se n t s intimidating Super / Hyper-Marts. It the e n a b l e m e nt of small business owners and their represents the enablement of small business owners and their operational autonomy, of which they so value, in their operational autonomy, of which they s e r v i ce t o t h e c o m m u n i t y t h e y a r e i n. so value, in their service to the community they are in.” P r ov i si o n S h o p ’ s main business focus is B u s i ne s s P a r t ne r e n a b l i n g . G i v i n g i n di v i d u a l s h o p - k e e p e r s t h e a b i l i t y , p o w e r , Kenneth Kam, leverage and r e a ch they ne e d to better service their Founder, Chairman & CEO e x i st i n g & p o t e n t i a l c u s t o m e r s . T h i s i n c r e a s e s e a c h B u s i n e ss ProvisionShop Pte Ltd Partner’s chance of survival & dynamic profitability. T o t h e c o n s u m e r s , P r o v i s i o n S ho p s y m b o l i s e s t he e c s t a t i c a l o p p o r t u ni t y t o i n c r e a s e t h e i r b u y i n g c o n v e n i e n c e , c h o i c e & s e l e ct i o n s a n d a t t he s a m e t im e l o w e r s s u b s t a n t i a l l y t h e i r purchase p a y m e nt , transactional du r a t i o n and most important of all, allows them to ride on the pride of association with the most Modern, Innovative, State-of-Art, One-Stop, Knowledge-Based New Economy Retail Model. Page 4 of 11 ProvisionShop CRM, January 2001
  • 5. Introduction Our Mission “Our aim is to enable our Business O u r a i m i s t o e n a b l e o u r B u si n e s s P a r t n e r s , t o b u i l d f o r Partners, to build for themselves a themselves a more profitable & relevant, customer centric more profitable & relevant, customer centric enterprise, maximising their e n t e r p r i s e , m a x i m i s i ng t h e i r e a s e o f o p e r a t i o n , u si n g o u r ease of operation, using our Multi- Multi-Channel capabilities. Channel capabilities.” Kenneth Kam, Founder, Chairman & CEO Unique Qualities ProvisionShop Pte Ltd A n a p p r e ci a t e d & s p e c i a l q u a l i t y t h a t P r ov i si o n S h o p h a s i s t h e a b i l i t y t o u l t i ma t e l y s a v e t i me & mo n e y f o r t h e e n d - consumers, giving them more opportunities with t he ir f a m i l i e s , f r i e n d s & ca r e e r s . Cream de la Cream P r ov i si o n S h o p h a s s e t i t s f o c u s t o b u i l d a G l o b a l L e a d i n g “ProvisionShop has set its focus to build a Global Leading Brand in Brand in Multi-Channel Retail E n a b l e me n t . It does this Multi-Channel Retail Enablement. It t h r o u g h i t s c h o i c e o f L e a di n g E x p e r t s & Co n s u l t a n t s i n t h e i r does this through its choice of Leading Experts & Consultants in o w n f i e l d s i n c l u di n g A s i a ’ s f or e m o s t B r a n d C o n s u l t a n t & their own fields.” A d v i se r , D r P a u l T e m p o r a l ( a u t h o r o f ‘ B r a n di n g i n A s i a ’ , ‘ C o r p o r a t e C h a r i s m a ’ , ‘ S t r a t e g i c P o s i t i on i n g ’ , ‘ H i - T e c h , H i - Kenneth Kam, Founder, Chairman & CEO Touch’ & ‘Romancing the Customer’ e t c. ) & Business ProvisionShop Pte Ltd Consultation through Global Top-Five Business Consulting Group, KPMG. What is B2B(2C) ? B 2 B m e a n s ‘ B u s i n e s s t o B u s i ne s s ’ w h e r e t he o b j e ct i v e i s t o s e r v i ce o t he r b u si n e s se s & p r o f i t f r o m i t . B 2 C m e a ns ‘ B u s i n e s s t o C o n s u m e r s ’ w h e r e t h e m i s si o n i s t o s e r v i ce t h e e n d - c o n s u m e r s f o r a g o o d r e t u r n . P r ov i si o n S h o p r e c o g n i s e s t he i m p o r t a n ce o f e q u i p p i n g & e n a b l i n g sm a l l b u s i ne s s o w n e r s s o t h a t t h e y c a n b e s t a t t e n d t o t h e p r e c i s e n e e d s o f t h e e n d - c o n s u m e r s , t h u s B 2 B ( 2 C ), ‘Business to Business to Consumers’. Customer Relationship Management as an Essential Service Component Page 5 of 11
  • 6. Customer Relationship Management (CRM) What is Hybrid ASP ? T h e A S P ( A p p l i c a t i o n S e r v i c e P r o v i d e r ) m od e l h a s b e e n t h e “The Hybrid-ASP (Application Service Provider) Model that d r i v i n g f o r c e t h a t h e l p e d b u s i ne s s e s s a v e i n t e r m s o f s h a r e d ProvisionShop adopts eliminate the cost of so f t w a r e & essential hardware configurations. difficult entry barriers that prohibits small business owners. It simplifies T r a d i t i o n a l l y , A S P s a r e r u n n e d b y D a t a - C e n t r e s a nd i s I T - the essential business functions & centric. enhances the efficiency each small business owners could ever wish to H y b r i d - A S P i s t h e p a ck a g i n g o f s h a r e d I T co s t s w i t h b u s i n e ss have. It also give rise to building operational & k no w l e d g e costs, u nd e r an a t t r a ct i v e quality customer relationships that most existing small businesses p a r t n e r s h i p p r o g r a m. neglect due to lack to time & T h e H y b r i d - A S P m o de l c o u l d h e l p b u si n e s s e s i n c r e a s e t he i r knowledge.” customer relations, elevating their e n d -c o n s u m e r ’ s total worth i.e. Life-Time Value (LTV) & leveling expenditure rates Kenneth Kam, Founder, Chairman & CEO i.e. Value For Money (VFM). In other words, it will enable ProvisionShop Pte Ltd business owners to concentrate on running their businesses r a t h e r t h a n s p e n d i n g t i m e m a i nt a i n i n g i t . Why use Hybrid ASP for CRM ? CRM, by virtue of its high price, is usually out of reach to t h e i n d i v i du a l s m a l l b u s i n e s s o w n e r s . C o m p r e h e n si v e C R M packages i n c l u de s Contact-Centre Ma n a g e m e n t , Front- Office Software, CRM Modeling, Web-Collaboration, C o m p u t e r T e l e p h o n y I n t e r f a ce & T o t a l S y s t e m I nt e gr a t i o n etc. T h e H y b r i d- A S P ( A p p l i c a t i o n S e r v i ce P r ov i d e r ) M o d e l t h a t P r ov i si o n S h o p a d o p t s e l i m i n a t e t h e d i f f i c u l t e n t r y b a r r i e r s t h a t p r o h i b i t s s m a l l b u s i n e s s ow n e r s . I t si m p l i f i e s t he e s s e n t i a l b u s i n e s s f u nc t i o n s & e n h a n c e s t h e e f f i ci e nc y e a c h s m a l l b u si ne s s o w n e r s c o u l d e v e r wi s h t o h a v e . I t a l so g i v e r i se t o b u i l d i n g q u a l i t y c u s t o m e r r e l a t i o n s h i p s t h a t m o s t e x i st i n g s m a l l b u si n e ss e s n e g l e ct d u e t o l a c k t o t i me & knowledge. Page 6 of 11 ProvisionShop CRM, January 2001
  • 7. Profiting from Inner-Strengths ? Imagine running a typical retail b u si n e s s , serving your “ProvisionShop brings back the joy of owning a retail business, customers, while still bogged down with back-end support including peace of mind and f u n c t i o n s , f r o n t -e n d p r o c u r e m e n t s & ot h e r r e sp o n s i b i l i t i e s . control. These kind of essential in- ward holding strengths, gives better T h i s b e c om e s s t r e s sf u l , n o t p r o d u c t i v e , n o t e f f i ci e n t , n o t job-satisfaction & interaction, more e f f e ct i v e a n d d e f i n i t e l y n o t a w h o l e l o t o f f u n . timely ‘extra-mile’ customer services and thus resulting in good profit- P r ov i si o n S h o p brings back the joy of owning a r e t a il generating recurring purchases from b u s i n e s s , i n c l u d i n g p e a c e o f m i n d a n d c o n t r o l . T h e s e k i nd these paying customers.” of essential in-ward holding strengths, gives better job- s a t i sf a ct i on & i n t e r a c t i o n , m o r e t i m e l y ‘ e x t r a - m i l e ’ c u s t o m e r Kenneth Kam, Founder, Chairman & CEO s e r v i ce s and thus resulting in good p r of i t - g e n e r a t i n g ProvisionShop Pte Ltd r e c u r r i n g p u r c h a s e s f r o m t h e s e p a y i n g c u st o m e r s. In t hi s u n- f o r g i v i n g b u s i n e s s w o r l d , the lack of in-ward s t r e n g t h , i n t h i s c a se , c o u l d r e n d e r a l l o u t - w a r d b u s i n e s s a c t i v i t i e s se n s e l e s s , f u t i l e , u n s u s t a i n a b l e & u n p r of i t a b l e . Customer Relationship Management as an Essential Service Component Page 7 of 11
  • 8. How ProvisionShop CRM works for Business Partners (BPs) O n t h e B ac k - E n d “ProvisionShop’s differentiated Brand A t y p i c a l sm a l l b u si n e s s o w n e r s d e a l s w i t h a t l e a s t 3 0 t o 5 0 identity & it’s strong front-end s u p p l i e r s, i n t e r a ct s w i t h t h e m s e p a r a t e l y l o s i n g v a l u a b l e support puts these problems into a justifiable perspective.” t i me , p a y s t h e m s e p a r a t e l y r e d u c i n g b a d l y n e e d e d c a s h - flows. Kenneth Kam, P r ov i si o n S h o p ’ s H y b r i d - A S P h e l p s s o l v e s t h e s e p r o b l e m s b y Founder, Chairman & CEO ProvisionShop Pte Ltd creating 2 Solutions ; 1. A One-Stop Supply & Procurement Hub i.e. ProvisionShop Logistic Hub, where Business Partners (PBs) could have t h e q u a n t u m b e n e f i t o f d e a l i n g w i t h o n e su p p o r t c o n t a c t p o i n t f o r m o r e t h a n 5 0 0 s u p p l i e r s. T h i s i n d u c e s s a v i n g s f r o m e c o n o m y o f s c a l e t h r o u g h b u l k - p u r c h a se s a n d a c e nt r a l l o g i st i c i n f r a st r u c t u r e . 2. Proper Cash-Flow Management i.e. ProvisionShop Finance & ProvisionShop Credit, extends desirable b u s i n e s s - t o- b a n k c r e di t t e r m s a nd c r e di t wo r t h i ne s s , a l l p o s s i b l e wi t h s h a r e d & s o u n d f i n a n c i a l k n o w l e d g e - b a s e . On the Front-End While serving paying customers, typical small business o w n e r s u s u a l l y st r u g g l e s w i t h l ook i n g f o r hi r e d h e l p , t r a i n i n g t h e m & wa t c h i n g t h e m g o t o a b e t t e r p a y i n g c o m p e t i t o r, trying to implement complicated security systems & finally deciding not to go ahead, due to cost, time & unforeseen s t r e s s , o r ga n i s i n g l ow - b u d g e t m a r k e t i n g / s a l e s c a m p a i g n s & r e a l i s i n g t h a t t h e y a r e n o t e f f e c t i v e , a n d t h i n k i ng a b o u t b u s i n e s s de v e l o p m e n t … j u s t t h i n k i n g e t c . P r ov i si o n S h o p ’ s d i f f e r e n t i a t e d B r a n d i de n t i t y & i t ’ s s t r o n g f r o n t -e n d s u p p o r t p u t s t h e s e p r o b l e m s i n t o a j u s t i f i a b l e p e r sp e ct i v e . Page 8 of 11 ProvisionShop CRM, January 2001
  • 9. T h i s a l l o w s B P s t o t a k e u s a s “ T r u s t e d P a r t ne r s ™ ” t h r o u g h t h e s e 7 S ha r e d C o s t , n a m e l y ; 1. Shared Business Operational Cost i.e. ProvisionShop S y s t e m s , wh e r e B u si ne s s P a r t n e r s ( P B s ) e n j o y s i m p l e t o u s e , f a st t o i m p l e m e n t b u s i n e s s o p e r a t i o n e x p e r t sy s t e m s . 2. Shared Business Knowledge Cost i.e. ProvisionShop Franchise & ProvisionShop University, extending the art o f d o i n g b u s i n e s s wi t h t h e a r t o f l e a r ni n g a n d c o n t i nu a l perpetual improvements. 3. Shared Staff Training Cost i.e. ProvisionShop Trainees, e n s u r i n g a g o o d f l o w o f n e w b l oo d t o s u p p l e m e nt t h e i m p e n di n g l a b o u r s h o r t a g e s. 4 . S h a r e d A dv e r t i s i n g & P r o m o t i o n a l C o s t i . e . P r o v i s i o n S h o p A d v e r t i s i n g , c o m b i ni n g d e p t h a n d p u n c h i n t h e r e gu l a r p u b l i ci t y a w a r e n e s s c a m p a i g n s. 5 . S h a r e d I n i ti a l S e t t i n g -U p C o s t i . e . P r o v i s i o n S h o p S e t - U p , P r o v i s i o n S h o p D e s i gn s & P r o v i s i o n S h o p R e n o v a t i o n s , p u t t i n g c on c e n t r a t i o n , s p e e d & m o b i l i t y t o s p r o u t i ng r e t a i l p r e se n c e i n g e o g r a p h i c a l l y d e n s e l y p o p u l a t e d, h i g h n e e d s / hi g h t r a f f i c a r e a s. 6. Shared Customer Relationship Cost i.e. ProvisionShop C o n t a c t C e n t r e , P r o vi s i o n S h o p C o n s u m e r S e r v i c e s , & P r o v i s i o n S h o p B y A pp o i n t m e n t, c r e a t i n g g r e a t e r f oc u s e d , c u s t o m e r -c e n t r i c , l a s t i n g b u y i ng / b r a n d e x p e r i e n ce . 7. Shared Marketing Cost i.e. ProvisionShop Loyalty P r o g r a m s , i n c r e a si n g c h a n c e s o f c u st o m e r r e t e n t i o n & referrals etc. Customer Relationship Management as an Essential Service Component Page 9 of 11
  • 10. How ProvisionShop CRM works for End-Consumers (ECs) “ProvisionShop’s strong foundation P r ov i si o n S h o p ’ s mammoth i n f r a st r u c t u r e would be continually supports and ensures t r a n s p a r e nt b u t cr i t i c a l t o t h e e n d - c o n s u m e r s (E C s ) . W h i l e operational smoothness, guarantying fuller customer-satisfaction, E C s a r e mo r e p r e - o c c u p i e d wi t h t h e s e l e c t i o n , t r a n s a c t i on enhanced buying & brand & a c q u i si t i o n p r o c e s s , P r ov i si o n S h o p ’ s strong foundation experience, lowered purchase- c o n t i n u a l l y s u p p o r t s a n d e n s u r e s o p e r a t i o n a l s m o o t h n e s s, expenditure rate, extended multi- channel convenience, larger g u a r a n t y i ng f u l l e r c u s t o m e r - s a t i s f a c t i o n , e n h a n c e d b u y i ng selection & choice, quality proximity & b r a n d e x p e r i e n ce , l o w e r e d p u r c h a se - e x p e n d i t u r e r a t e , customer services & of course regained valuable family / e x t e n d e d m u l t i - c h a n n e l c o n v e n i e n c e , l a r g e r s e l e ct i o n & individual time.” c h o i c e , q u a l i t y p r ox i mi t y c u st o m e r s e r v i ce s & o f c o u r se r e g a i n e d v a l u a b l e f a m i l y / i n di v i d u a l t i me . Kenneth Kam, Founder, Chairman & CEO In all, it hopes to win permanent patronage from ECs ProvisionShop Pte Ltd t h r o u g h i t s B P s b y e n s u r i n g “ V a l u e ! A n y t i m e , A n y wh e r e . ™ ” t h r o u g h t he s e 7 T o p V a l u e P r o p o s a l s ; 1. Top Value Multi-Channel Convenience i.e. ProvisionShop S y s t e m s , i nc r e a si n g co n t a c t p o i n t s f or s m oo t h e r c o n s u m e r s e l e ct i o n , t r a n s a c t i o n & a cq u i si t i o n p r o c e s s . 2 . T o p V a l u e B r a n d E x pe r i e n c e i . e . P r o v i s i o n S h o p B r an d , e x t e n d i n g t h e a r t of sh o p p i n g wi t h t h e a r t o f b u y i n g t h r o u g h e nh a n c e d c u s t o m e r - c e n t r i c m u l t i -c h a n n e l advantage. 3 . T o p V a l u e C u s t o m e r S e r v i c e i . e . P r o v i s i o n S h o p C u s to m e r Care Officers, supplemented by Retail trainees to c o m p l e t e t h e t ot a l s e r v i c e f a c t or . 4. Top Value Awareness C a m pa i g n s i.e. ProvisionShop Advertising, combining depth and punch in the regular p u b l i ci t y awareness c a m p a i gn s to bring home t he message. Page 10 of 11 ProvisionShop CRM, January 2001
  • 11. An Overview of 5. Top Value Retail Experience i.e. ProvisionShop Retail ProvisionShop CRM F r a n c h i s e , p u t t i n g c on c e n t r a t i o n , s p e e d & m o b i l i t y t o Customer Relationship Management s p r o u t i n g r e t a i l p r e s e n c e i n a r e a s m o s t c on v e n i e n t t o as an Essential Service Component consumers. January 2001 Updated October 2003 6. Top Value Customer Relationship i.e. ProvisionShop Author: C o n t a c t C e n t r e , P r o vi s i o n S h o p C o n s u m e r S e r v i c e s , & Kenneth Kam P r o v i s i o n S h o p B y A pp o i n t m e n t, c r e a t i n g g r e a t e r f oc u s e d , c u s t o m e r -c e n t r i c , l a s t i n g b u y i ng / b r a n d e x p e r i e n ce t o ProvisionShop World Headquarters 9, Temasek Boulevard #31-02 s e r v i ce e v e r y n e e d s & m e e t i n g e v e r y w a nt s . Suntec Tower Two Singapore 038989 7 . T o p V a l u e P r o x i m i ty M a r k e t i n g E n c o u n t e r i . e . Worldwide Inquiries: P r o v i s i o n S h o p L o y al t y P r o g r am s , i n c r e a s i ng c h a n c e s o f Phone: +65.820.2022 customer retention & referrals through an unique Fax: +65.234.2022 c u s t o m e r r e w a r d sy s t e m . info@ProvisionShop.com www.ProvisionShop.com Only ProvisionShop’s Complete Retail Strategy can enable you to build better business value & be closer to your customers. ProvisionShop is a trademark of ProvisionShop Pte Ltd, the Holding Company. Various product and service names referenced herein may be trademarks of ProvisionShop Pte Ltd. All other product and service names mentioned may be trademarks of their respective owners. Copyright © 1999 - 2001 ProvisionShop Pte Ltd All rights reserved. Customer Relationship Management as an Essential Service Component Page 11 of 11