Thesis on "Client Relationship Management"

Thesis 5 pages (1450 words) Sources: 0

[EXCERPT] . . . .

Customer & Client Relationship Management

Discuss your management of customer relationships.

The managing of customer relationships begins with working to understand their unmet needs. Creating products and services that align to those unmet needs, then advertising them is critical. Yet the most important step is in the actual fulfillment of the expectations made to customers, ensuring they receive exactly what they were expecting from the product or service, which in this case is computer software doing what they expect it to.

Explain your use of technology in customer relationship building.

Technology plays a key role in building customer relationships, starting with Customer Relationship Management (CRM) systems that provide a single view of the customer, including their previous orders, specific details of who they are, and what their interests are. Using collaborative information sharing technologies including websites, portals, social networking applications including Facebook and Twitter to connect with and serve customers are all vital for continually serving them and gaining their trust and loyalty.

Discuss how you are transforming to a customer-strategy enterprise.

Starting with our product development staff which is required to visit three customers every six months to stay on top of their needs, to the requirement of marketing and service managers to also spend time in the field with customers, we are attempting to permeate our culture with knowledge of the customer. Second, our focus on measuring everyone's performance on customer's satisfaction with our software insta
Continue scrolling to

download full paper
llations has done much to transform our culture to be more customer-centric. Finally, all customer service systems, procedures and processes are regularly reviewed to make sure they have not become inward centered but still concentrate on the customer.

How will you develop a learning relationship with customers?

The best sales processionals teach and provide valuable insights for their customers to use, regardless if they actually buy anything or not. This is critical for any salesperson to become a trusted advisor. To create a learning relationship with customers, our organization regularly hosts webinars and conferences where industry experts provide insights into how customers can accomplish their objectives. Second, white papers about how to accomplish strategies by automating them and making them more efficient is also provided. Third, we also provide sales persons with training on how to deliver solutions over and above just selling software.

How will you create, build, and maintain relationship equity?

Our strategy to create, build and maintain relationship equity is to first concentrate on becoming the trusted advisor for our customers by working to provide insights into how they can solve problems that don't necessarily lead to selling more software. Our focus is to become a trusted advisor in solving the most complex problems customers have from a strategy standpoint first and earning their respect and support. Third our focus on nurturing and growing relationship equity focuses on how we can assist our customers in getting to their goals first and only recommending software when it is clear automating a given process is going to assist them more.

Discuss your efforts at customer retention.

Strategies aimed at retaining customers are crucial in this economic environment as our competitors are offering financing options, lower prices and bundling in services with their software. What our strategy has concentrated on is first getting a solid understanding of our customers' unmet needs, and then secondly creating a strategy for fulfilling those needs. Third, evaluating salesperson's effectiveness in making this strategy successful is also critical. Not selling as much through this process is costly yet losing customers would be even more difficult as their revenue on service is critical right now.

How will you create and build customer trust and commitment?

Our organization creates and builds customer trust and commitment by concentrating on unmet needs our customers have, regardless if it leads to selling software immediately or not. Our sales force is trained on how to analyze business processes and then recommend process- and strategy-based solutions. Often this does not lead to large software sales, yet it does earn our company a reputation for being a trusted advisor to those customers we have.

How do you differentiate among customers?

As our company sells primarily to other businesses we differentiate based on the size of the company, its core business and the percentage of revenue generated from outside the U.S. We also differentiate based on how critical indirect sales channels are… READ MORE

Quoted Instructions for "Client Relationship Management" Assignment:

An independent research project has to be submitted on Customer Relationship Management. I have to answer 33 of the 79 questions that will follow. The topic of the project will be an organization of any choice. While it is helpful if the selected organization already has a customer relationship management program in place, it is not a requirement. We may base the project on how an organization could implement such a program. Students may elect to create their own hypothetical organization if we desire. Each answer should be 3 to 4 sentences for the 33 questions out of the 79.

Marketing 308

Customer Relationship Management

Course Project

1. Explain your effort to adopt a customer focus.

2. What is your procedure for building a customer relationship?

3. Discuss your management of customer relationships.

4. Explain your use of technology in customer relationship building.

5. Discuss how you are transforming to a customer-strategy enterprise.

6. How will you develop a learning relationship with customers?

7. How will you create, build, and maintain relationship equity?

8. Discuss your efforts at customer retention.

9. How will you build and manage a demand chain?

10. Discuss, for a product or your industry, your share of customer.

11. How will you manage each stage in the relationship development process?

12. Discuss your relationship building blocks.

13. How will you create and build customer trust and commitment?

14. Discuss your customers***** emotional and functional loyalty.

15. How do you differentiate among customers?

16. Discuss your efforts to create customer intimacy.

17. How will you customize your offering for particular customers?

18. How do you identify key customers?

19. Discuss your place in the customer data revolution.

20. Explain your use of mass customization.

21. How do you use event-***** prospecting?

22. How do you measure customer value?

23. Explain you attempt to maximize a customer*****s lifetime value.

24. Discuss your management of various customer value categories.

25. Explain how you differentiate between customers according to needs.

26. How to you gain understanding of customer needs?

27. Discuss your customer collaboration strategy.

28. How do you build and manage customer dialogue?

29. Discuss your management of customer touch-points.

30. How do you make implicit and explicit bargains with customers?

31. Explain your use of integrated brand communications.

32. Explain your use of integrated marketing communications.

33. Discuss your creation of a closed-loop communication system.

34. How do you learn a customer*****s preferred media package?

35. Explain your use of customer service representatives (CSR*****s).

36. How do you manage complaining customers?

37. Explain how you manage your contact center.

38. Discuss your use of opt-in and opt-out email to build customer value.

39. Discuss your development of an email strategy.

40. Explain how you deal with customer privacy issues.

41. Discuss your use of permission marketing.

42. Explain how you manage and utilize transactional and individual data.

43. Discuss your development of a privacy pledge.

44. How have you made customization profitable?

45. Discuss your use of agile manufacturing.

46. Explain your use of modular design.

47. Discuss your customer*****s enhanced need set.

48. Discuss your value stream.

49. How do you create attitudinal loyalty?

50. How do you create behavioral loyalty?

51. How do you use customer profitability metrics?

52. How do you use longitudinal customer profitability metrics?

53. How do you measure customer satisfaction?

54. Explain your use of data mining.

55. How do you optimize customer contact?

56. How do you manage distribution channels regarding CRM?

57. How do you identify superprime and subprime market segments?

58. What is found in your customer portfolios?

59. Explain your efforts at relationship governance.

60. Describe the categories in your portfolio of customers.

61. Explain your use of a picket fence strategy in the CRM transition.

62. What are the goals of your change management program?

63. What is the role of marketing, customer service, and the sales force in CRM?

64. Discuss your employee management challenges in your CRM strategy.

65. How do you measure customer and employee loyalty?

66. Discuss your delivery channel issues.

67. Discuss the sources of channel issues and problems and your response to them.

68. Analyze your channel flows and costs.

69. Discuss any horizontal or vertical channel conflict that does or may exist.

70. Discuss your distribution system management.

71. How do you sell direct using the internet?

72. How do you use a team approach for selling products?

73. How do you obtain dealer buy-in?

74. Explain your customer-focused supply chain management.

75. Discuss your creation and management of sell-side portals.

76. How do you use customer-direct channels?

77. Discuss your use of automatic replenishment.

78. Explain common delivery issues you face.

79. How have you created a customer-focused delivery workforce?

The student must answer any 33 of the 79 questions. Each question is worth three points

Grading Scale:

A: 30-33 correct answers

B: 27-29 correct answers

C: 24-26 correct answers

D: 20-23

F: Less than 20 correct answers

Points Awarded:

3: Answer is well written and complete, and free of grammatical and spelling errors. Answer contains a minimum of three compete sentences. Full understanding of the question is apparent.

2: Answer is short (two to three sentences), incomplete, or contains grammatical or spelling errors. A basic understanding of the question is apparent.

1: Answer is limited to one sentence, or contains grammatical or spelling errors. Elements of the correct answer are contained.

0: Answer is less than a complete sentence or is completely inaccurate. An understanding of the question is unapparent.

How to Reference "Client Relationship Management" Thesis in a Bibliography

Client Relationship Management.” A1-TermPaper.com, 2008, https://www.a1-termpaper.com/topics/essay/customer-client-relationship-management/835897. Accessed 6 Jul 2024.

Client Relationship Management (2008). Retrieved from https://www.a1-termpaper.com/topics/essay/customer-client-relationship-management/835897
A1-TermPaper.com. (2008). Client Relationship Management. [online] Available at: https://www.a1-termpaper.com/topics/essay/customer-client-relationship-management/835897 [Accessed 6 Jul, 2024].
”Client Relationship Management” 2008. A1-TermPaper.com. https://www.a1-termpaper.com/topics/essay/customer-client-relationship-management/835897.
”Client Relationship Management” A1-TermPaper.com, Last modified 2024. https://www.a1-termpaper.com/topics/essay/customer-client-relationship-management/835897.
[1] ”Client Relationship Management”, A1-TermPaper.com, 2008. [Online]. Available: https://www.a1-termpaper.com/topics/essay/customer-client-relationship-management/835897. [Accessed: 6-Jul-2024].
1. Client Relationship Management [Internet]. A1-TermPaper.com. 2008 [cited 6 July 2024]. Available from: https://www.a1-termpaper.com/topics/essay/customer-client-relationship-management/835897
1. Client Relationship Management. A1-TermPaper.com. https://www.a1-termpaper.com/topics/essay/customer-client-relationship-management/835897. Published 2008. Accessed July 6, 2024.

Related Thesis Papers:

E-Customer Relationship Management Essay

Paper Icon

Customer Relationship Management

e-Customer Relationship Management

How would you use social networks, permission marketing, and customer information acquisition in an E-commerce strategy?

The disruptive nature of social networks and their… read more

Essay 17 pages (5217 words) Sources: 17 Style: Harvard Topic: Business / Corporations / E-commerce


Management and Supervision in Social Work Term Paper

Paper Icon

Management & Supervision in Social Work

The team of Alfred Kadushin and Daniel Harkness has published a book titled Supervision in Social Work, which has a number of key ideas… read more

Term Paper 7 pages (2265 words) Sources: 6 Style: APA Topic: Management / Organizations


Management Chapter 1-The Influence of the Project Research Paper

Paper Icon

Management

Chapter 1-the influence of the project procurement process on the design management strategy

The client may choose one of many available methods of procurement. This may result in different… read more

Research Paper 9 pages (4029 words) Sources: 9 Topic: Management / Organizations


CRM Customer Relationship Management at Cincom Systems Term Paper

Paper Icon

CRM

Customer Relationship Management at Cincom Systems

Cincom Systems has been in business over 40 years and is considered a global leader in the areas of product configuration, manufacturing-based Customer… read more

Term Paper 2 pages (537 words) Sources: 3 Topic: Business / Corporations / E-commerce


Customer Data Analysis Customer Relationship Management Research Paper

Paper Icon

Customer relationship management takes a holistic look at the organization's interactions with customer. Value, it is proposed, is not merely developed from the sales transaction, but from the careful cultivation… read more

Research Paper 10 pages (2801 words) Sources: 5 Topic: Business / Corporations / E-commerce


Sat, Jul 6, 2024

If you don't see the paper you need, we will write it for you!

Established in 1995
900,000 Orders Finished
100% Guaranteed Work
300 Words Per Page
Simple Ordering
100% Private & Secure

We can write a new, 100% unique paper!

Search Papers

Navigation

Do NOT follow this link or you will be banned from the site!