customer management by derek hendrikz

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Customer management by Derek Hendrikz deals with the relationship between customer relations management (CRM), marketing and sales. Processes, assumptions and objectives are worked with. www.derekhendrikz.com

TRANSCRIPT

The Customer Management Process

Derek

Hendrikz

Copyright © 2014

Derek Hendrikz Consulting

www.derekhendrikz.com

Marketing?Sales??CRM???

www.derekhendrikz.com

We attract customers…www.derekhendrikz.com

Marketing

We acquire customers…www.derekhendrikz.com

Sales

We retain customers…www.derekhendrikz.com

CRM

Customer Management Purpose:

The purpose of Customer Management is to

provide effective solutions and processes for

the establishment, evolution and maintenance

of relationships that will enhance the

acquisition and retention of customers with

the ultimate aim of ensuring organizational

survival.

www.derekhendrikz.com

Customer Management Objectives

www.derekhendrikz.com

To attract customers through branding and advertising our products and services in such a way that it ignites customer awareness, consideration and action.

www.derekhendrikz.com

1

To acquire customers through negotiating the acceptance of our customer value proposition.

www.derekhendrikz.com

2

To retain customers through effective relationship development and frontline service.

www.derekhendrikz.com

3

Customer Management Objectives to Process...

Customer Attraction

Marketing

Customer Acquisition

SalesCustomer Retention

CRM

www.derekhendrikz.com

Customer Management Assumptions (1):1. That analysis of the relationship between the customer

experience (relationship management) and profitability (cost / quality / time) is the best way to understand specific customer management.

2. That customer management objectives, customer segmentation, market share analysis and budget development are prerequisites commonly held by the fields of marketing, sales and CRM, and that the aforesaid cannot be done in isolation.

3. That the primary purpose of any marketing initiative will be to ignite customer awareness, consideration and action.

4. That the primary strategies of marketing will be advertising, promotion and branding.

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Customer Management Assumptions (2):7. That the primary task of sales is to acquire

customers through negotiating a customer value proposition.

8. That the primary task of CRM is to retain customers via the establishment of interdependent relationships and providing effective font desk service.

9. That the majority of customer interaction takes place at the front desk, thus the frontline produces the bottom line.

10. That customer retention (farming) is less energy intensive than customer acquisition (hunting).

www.derekhendrikz.com

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