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What is CRM? E-mail

In most simple terms, CRM is business strategy: a set of decisions that a company needs to cultivate “customer intimacy” as a disciplined, core competency. And it is one that proactively manages the customer lifecycle. CRM uses people, processes, and data, translated into “actionable knowledge” in order to manage these 4 ever-repeating stages of a business’ customer lifecycle and experience management:

1. Customer acquisition
2. Customer assimilation/nurturing & retention
3. Customer defection and purposeful release
4. Customer “win-back” [1]


Customer Selection, including the confirming actions: Targeting, Segmentation and Grading, is the single most important decision your company makes, and keeps making. That very “selection” helps both to define, and to refine, your CRM strategy. Simplistically, this is the basis by which we craft a market coverage model aimed to optimize both the return on your market coverage investment ( including, sales, marketing, customer service & R/D) and how it aligns with your loyalty goals.



[1]  Cf., Customer Win-back, Jill Griffin & Michael Lowenstein, Jossey-Bass, 2001. In her book, Jill was kind enough to feature the type of customer buying behavior analysis we first proposed in the late ‘90’s while working with Vic Hunter of Hunter Business Group.

 

 
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CRM Management

Customer Relationship Management.
Customer relationship management (CRM) is
a business strategy achieved through a customer-
based and customer-focused alignment of people,
processes, and data.  Our compass is set directionally
along a roadmap guaranteed to build loyalty and
profitability
across the value chain with the right
core customers.

A Proven System

Chrysalis Marketing Provides a Proven Roadmap.
We guide your business to success in understanding
and using CRM to its fullest potential.  Whether you
are looking for incremental improvements in your
customer relationships or a comprehensive CRM
program, we are here to help you meet your
business goals.