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E-CRM
Chapter 8




   By Angela Edwards


           March 14th, 2012
What is e-CRM?




    Is it the old CRM with some internet bolted onto it?
Theories of e-CRM

O’Brien and Marakas 2007, CRM is………….
Managing the full range of the customer relationship and involves two
related objectives:
3.To provide the organization and all its customer-facing employees with a
single view of every customer at every touch point across all channels.
4.To provide the customer with a single, complete view of he company and
its external channels

Chaffey and Smith 2008, says……..
6.e-CRM cannot be separated from CRM, it needs to be integrated and
seamless.
7.It is well established as an approach to acquiring customer and then
retaining them to develop a higher life-time value for each customer.
CRM Evolution
       Cost Reduction Strategy                    Growth Strategy




BPR            ERP         SFA            CRM            eCRM



Business Led                IT Led                Marketing Led



   1980s                          1990s                           2000s




                     ©2003 Chapelfield Systems Ltd www.chapelfieldsystems.com
So what does e-CRM entail?
Main Components of e-CRM

Permission Marketing:
  • Gaining Permission - Customer Opts-in / out
    (churn rate)
  • Collaboration
  • Dialogue-Trialogue
•Database marketing
  • Data mining
  • Profiling
The ‘e’ in CRM & the benefits of e-CRM

• A 360 degree view of your customers.
•Improves Marketing and Sales decision making.
•Increase efficiency.
•Enable measurement to processes, leading
 process improvement.
•One average purchase intent sees a double digit
 increase after someone has been to a site more
 than once (Flores and Eltvedt 2005)
Developing an effective e-CRM
System………
There is no one scientific formula or super-platform
available, but some crutial components are:
•Attract – Gain Permission; Collobrate; Dialogue;
           Trialogue
•Capture data – Data mining, e-CRM system
•Get closer - Sense and response marketing - profiling
•Embrace Them - DRAMA
•Golden Handcuffs – Once you get them to show some
 loyalty, build a system whereby things are too good
 for them to leave. (Chaffey & Smith 2008) - Continuity.
References
• Chaffey, Dave, and PR. Smith. 2008. eMarketing
  eXcellence: Planning and optimizing your
   digital marketing. Slovenia.
• O’Brien, James A., and George M. Marakas.
  2010. Introduction to information systems. New
  York: McGraw-Hill Companies Inc.
• YouTube video. Made in Social.
   http://www.youtube.com/watch?v=x_NT6vLUgUs
    (Accessed March 07th , 2012)
• Chapelfield Systems Ltd. 2003. What is e-CRM.
   www.chapelfield.com
   (Accessed March 07th, 2012)
Thank You

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e-CRM

  • 1. E-CRM Chapter 8 By Angela Edwards March 14th, 2012
  • 2. What is e-CRM? Is it the old CRM with some internet bolted onto it?
  • 3. Theories of e-CRM O’Brien and Marakas 2007, CRM is…………. Managing the full range of the customer relationship and involves two related objectives: 3.To provide the organization and all its customer-facing employees with a single view of every customer at every touch point across all channels. 4.To provide the customer with a single, complete view of he company and its external channels Chaffey and Smith 2008, says…….. 6.e-CRM cannot be separated from CRM, it needs to be integrated and seamless. 7.It is well established as an approach to acquiring customer and then retaining them to develop a higher life-time value for each customer.
  • 4. CRM Evolution Cost Reduction Strategy Growth Strategy BPR ERP SFA CRM eCRM Business Led IT Led Marketing Led 1980s 1990s 2000s ©2003 Chapelfield Systems Ltd www.chapelfieldsystems.com
  • 5. So what does e-CRM entail?
  • 6. Main Components of e-CRM Permission Marketing: • Gaining Permission - Customer Opts-in / out (churn rate) • Collaboration • Dialogue-Trialogue •Database marketing • Data mining • Profiling
  • 7. The ‘e’ in CRM & the benefits of e-CRM • A 360 degree view of your customers. •Improves Marketing and Sales decision making. •Increase efficiency. •Enable measurement to processes, leading process improvement. •One average purchase intent sees a double digit increase after someone has been to a site more than once (Flores and Eltvedt 2005)
  • 8. Developing an effective e-CRM System……… There is no one scientific formula or super-platform available, but some crutial components are: •Attract – Gain Permission; Collobrate; Dialogue; Trialogue •Capture data – Data mining, e-CRM system •Get closer - Sense and response marketing - profiling •Embrace Them - DRAMA •Golden Handcuffs – Once you get them to show some loyalty, build a system whereby things are too good for them to leave. (Chaffey & Smith 2008) - Continuity.
  • 9. References • Chaffey, Dave, and PR. Smith. 2008. eMarketing eXcellence: Planning and optimizing your digital marketing. Slovenia. • O’Brien, James A., and George M. Marakas. 2010. Introduction to information systems. New York: McGraw-Hill Companies Inc. • YouTube video. Made in Social. http://www.youtube.com/watch?v=x_NT6vLUgUs (Accessed March 07th , 2012) • Chapelfield Systems Ltd. 2003. What is e-CRM. www.chapelfield.com (Accessed March 07th, 2012)

Notas do Editor

  1. DRAMA- Dialogue, relevancy, accuracy, magic, access