Size: px
Start display at page:

Download ""

Transcription

1 USN: PES INSTITUTE OF TECHNOLOGY BANGALORE SOUTH CAMPUS Hosur Road (1Km before Electronic City), Bangalore INTERNAL TEST # 3 Consumer Behaviour 12MBAMM313 Course: MBA Semester III Time Allowed: 90 Minutes Faculty: Priya Diana Mercy Max. Marks: 50 (Fifty Marks) Date: 12/11/2014 Time: AM Note: Answer all the Questions. 1 (a) What are Normative Reference Groups? (3 marks) Reference groups that influence general values or behavior (e.g. family) (b) What are the Eight Roles in the Family Decision-Making Process? (7 marks) (c) What are Tactics used by Children to influence their parents? Pressure Tactics Upward appeal Exchange Tactics Coalition Tactics Ingratiating Tactics Rational Persuasion Inspirational appeals Consultation Tactics (10 marks) 2 (a) What is Opinion Leadership? The process by which one person (the opinion leader) informally influences the (3 marks)

2 (b) consumption actions or attitudes of others who may be opinion seekers or opinion recipients. What are the different types of CRM? Explain. Operational CRM Operational customer relationship management facilitates and streamlines communication with customers, and connects to customer touch points. Touch Points Media Physical Phone Wiki Blog Snail Mail Web Personal Fax Analytical CRM Analytical customer relationship management focus on blending the customer data collected in Operational CRM with data from external sources in order to ascertain key customer identities and directions required for boosting organisational and customer values. Impact of Analytical CRM Acquisition Cross-Selling Up-Selling Retention Retain current customers Information Offer key information to customers effectively Collaborative CRM Collaborative customer relationship management focus on exploiting interaction with customers through customer touch points for enhancing customer self service. Applications of Collaborative CRM Online services for enhancement of convenience and cost reduction Effective communication through many channels including automated phone, and internet. profiling customer information during customer interaction (7 marks) (c) How is Opinion Leadership measured? Explain all four methods in detail. (10 marks)

3

4 3 Case Study - (Compulsory) Many marketers think that marketing to Saudi Arabian women is a very difficult task. Women in Saudi remain behind the purdah and it is difficult to talk to them. Saudi Arabia is one of the largest markets in west Asia and is a homogenous society. There exists a wrong notion among some marketers that Saudi women are passive consumers. Many Saudi women are often highly educated. About 3,80,000 women work in Saudi Arabia and the number of female students in the colleges is set to rise about 1,75,000 in the next two years. Most women work in the traditional fields of health and education. Some are even employed in retailing, designing, publishing and manufacturing. They are exploring ways to sell products to Saudi women since Saudi Arabia is considered a young market. Shopping malls are an utter flop as women find these out-oftown malls inconvenient. MNCs have realized that Saudi women are brand conscious and make the buying decision for household items. MNCs have been searching intensively for women who can act as intermediaries between the company and the clients and those who have links with colleges, women groups, etc. Marketers should now stop underestimating the sophistication of Saudi women as consumers. It is time they recognized that they are the emerging economic force. A women emerging out of a car fully covered by the purdah, may hold a degree in finance or law or medicine and so on, and she may be a potential consumer given her educational background and culture. a) Think of creative applications of reference groups to market to the Saudi Arabian Women, say for a personal care product. Highlight the cultural implications for a Woman consumer and also for a marketer in the given context. Normative reference group (10 marks)

5

Chapter. Enterprise Business Systems

Chapter. Enterprise Business Systems Chapter 4 Enterprise Business Systems Learning Objectives Identify and give examples to illustrate the following aspects of customer relationship. Business processes supported Customer and business value

More information

Customer Relationship Management Lecture 1: Introduction - CRM Jargons, Value Systems and Value Chains. Mehran Rezaei

Customer Relationship Management Lecture 1: Introduction - CRM Jargons, Value Systems and Value Chains. Mehran Rezaei Customer Relationship Management Lecture 1: Introduction - CRM Jargons, Value Systems and Value Chains Mehran Rezaei سرفصل مطالب این جلسه ebiz و ecommerce آنچه مد نظر ماست از نقطه نظر گرایش تجارت الکترونیکی

More information

Customer Relationship Management

Customer Relationship Management Customer Relationship Management by Professor Adrian Payne Director Centre for Relationship Marketing, Cranfield University Introduction Customer Relationship Management (CRM) is developing into a major

More information

Marketing Manager - Competitive Salary + Bonus & Benefits - West London

Marketing Manager - Competitive Salary + Bonus & Benefits - West London Marketing Manager About the Job Marketing Manager - Competitive Salary + Bonus & Benefits - West London Reports to: Direct Reports: CEO Marketing Executive (Copywriting) Marketing Executive (Tender Management)

More information

CHAPTER VII SUMMARY OF MAJOR FINDINGS AND RECOMMENDATIONS

CHAPTER VII SUMMARY OF MAJOR FINDINGS AND RECOMMENDATIONS CHAPTER VII SUMMARY OF MAJOR FINDINGS AND RECOMMENDATIONS 395 7.1 Findings Related to Secondary Data In the initial phase the analysis of secondary indicates that CRM is emerging as a strategic factor

More information

for supporting and growing their business. You have to create your CRM strategy. How to get a successful CRM implementation By Marianne Broeng

for supporting and growing their business. You have to create your CRM strategy. How to get a successful CRM implementation By Marianne Broeng How to get a successful CRM implementation By Marianne Broeng Many CRM implementations fail or do not give the organisation the benefits they need. This situation can be prevented. Too often CRM implementations

More information

Hello, Goodbye. The New Spin on Customer Loyalty. From Customer Acquisition to Customer Loyalty. Definition of CRM.

Hello, Goodbye. The New Spin on Customer Loyalty. From Customer Acquisition to Customer Loyalty. Definition of CRM. Hello, Goodbye. The New Spin on Customer Loyalty The so-called typical customer no longer exists. Companies were focused on selling as many products as possible, without regard to who was buying them.

More information

Continuous Customer Dialogues

Continuous Customer Dialogues Continuous Customer Dialogues STRATEGIES FOR GROWTH AND LOYALTY IN MULTI-CHANNEL CUSTOMER-ORIENTED ORGANIZATIONS whitepaper TABLE OF CONTENTS: PAGE Overview...3 The Continuous Customer Dialogue Vision...4

More information

Relationship Marketing. SHSMD Luncheon October 5, 2007 Leean Kravitz Mudhouse Advertising

Relationship Marketing. SHSMD Luncheon October 5, 2007 Leean Kravitz Mudhouse Advertising Relationship Marketing SHSMD Luncheon October 5, 2007 Leean Kravitz Mudhouse Advertising What is relationship marketing? Marketing designed to create, maintain, and enhance strong relationships with customers

More information

Effective Segmentation. Six steps to effective segmentation

Effective Segmentation. Six steps to effective segmentation Effective Segmentation Six steps to effective segmentation Segmentation is a powerful tool to help achieve your business strategy and drive higher value to your brand. Sure, I hear you say, we all know

More information

Executive. Education. Sales. Leadership. certification INCREASE SALES TEAM PERFORMANCE. www.salesexcellenceinstitute.org

Executive. Education. Sales. Leadership. certification INCREASE SALES TEAM PERFORMANCE. www.salesexcellenceinstitute.org SEI Executive Education Sales Leadership certification INCREASE SALES TEAM PERFORMANCE www.salesexcellenceinstitute.org 1 The Challenge Sales team management has been a neglected element of management

More information

CUSTOMER RELATIONSHIP MANAGEMENT CONCEPTS AND TECHNOLOGIES

CUSTOMER RELATIONSHIP MANAGEMENT CONCEPTS AND TECHNOLOGIES CUSTOMER RELATIONSHIP MANAGEMENT CONCEPTS AND TECHNOLOGIES Chapter 1: Introduction to CRM Selected definitions of CRM 1 CRM is an information industry term for methodologies, software, and usually Internet

More information

Segmentation and Data Management

Segmentation and Data Management Segmentation and Data Management Benefits and Goals for the Marketing Organization WHITE PAPER SAS White Paper Table of Contents Introduction.... 1 Benefits of Segmentation.... 1 Types of Segmentation....

More information

Chapter 1: Strategic Customer Relationship Management Today

Chapter 1: Strategic Customer Relationship Management Today Chapter 1: Strategic Customer Relationship Management Today Overview Topics discussed: From the marketing to the customer concept CRM and customer value The concept of CRM CRM from a business strategy

More information

IBM Customer Experience Suite and Predictive Analytics

IBM Customer Experience Suite and Predictive Analytics IBM Customer Experience Suite and Predictive Analytics Introduction to the IBM Customer Experience Suite In order to help customers meet their exceptional web experience goals in the most efficient and

More information

Customer Relationship Management Submitted in partial fulfillment of the requirement for the award of degree Of MBA

Customer Relationship Management Submitted in partial fulfillment of the requirement for the award of degree Of MBA A Seminar report On Customer Relationship Management Submitted in partial fulfillment of the requirement for the award of degree Of MBA SUBMITTED TO: SUBMITTED BY: www.studymafia.org www.studymafia.org

More information

We d also recommend you consult Chapters 4 in the Chaffey & Smith recommended text as well as Chapter 1 in Ryan & Jones recommended text.

We d also recommend you consult Chapters 4 in the Chaffey & Smith recommended text as well as Chapter 1 in Ryan & Jones recommended text. 1 Our focus for this session is on the customer and how their needs are changing in light of changing digital technologies. We ll look how the buying process can be impacted by digital technologies and

More information

Customer relationship management MB-104. By Mayank Kumar Pandey Assistant Professor at Noida Institute of Engineering and Technology

Customer relationship management MB-104. By Mayank Kumar Pandey Assistant Professor at Noida Institute of Engineering and Technology Customer relationship management MB-104 By Mayank Kumar Pandey Assistant Professor at Noida Institute of Engineering and Technology University Syllabus UNIT-1 Customer Relationship Management- Introduction

More information

Transforming Financial Services Sector with Dynamic CRM

Transforming Financial Services Sector with Dynamic CRM Transforming Financial Services Sector with Dynamic CRM Financial Services industry sector is in the midst of paradigm shift. Since the financial crisis, traditionally, revenue challenges have been a cyclical

More information

A SAS White Paper: Implementing a CRM-based Campaign Management Strategy

A SAS White Paper: Implementing a CRM-based Campaign Management Strategy A SAS White Paper: Implementing a CRM-based Campaign Management Strategy Table of Contents Introduction.......................................................................... 1 CRM and Campaign Management......................................................

More information

MANAGING EVOLVING CUSTOMER EXPECTATIONS. Chinmaya Joshi Pre Sales Manager, Retail Banking. Break through.

MANAGING EVOLVING CUSTOMER EXPECTATIONS. Chinmaya Joshi Pre Sales Manager, Retail Banking. Break through. MANAGING EVOLVING CUSTOMER EXPECTATIONS Chinmaya Joshi Pre Sales Manager, Retail Banking Break through. Table of contents 01 Operational Customer Management 02 Bank Readiness Report 03 04 How SunGard Can

More information

Growing Customer Value, One Unique Customer at a Time

Growing Customer Value, One Unique Customer at a Time Increasing Customer Value for Insurers How Predictive Analytics Can Help Insurance Organizations Maximize Customer Growth Opportunities www.spss.com/perspectives Introduction Trends Influencing Insurers

More information

Contact Center Trends and Future

Contact Center Trends and Future Contact Center Trends and Future The Dynamic Contact Center Keith Pearce & Tamal Islam Consistent experience Internet integration Limit hold times Customer Experience New channels web, chat, SMS Differentiated

More information

ABHINAV NATIONAL MONTHLY REFEREED JOURNAL OF REASEARCH IN COMMERCE & MANAGEMENT www.abhinavjournal.com

ABHINAV NATIONAL MONTHLY REFEREED JOURNAL OF REASEARCH IN COMMERCE & MANAGEMENT www.abhinavjournal.com e-crm OPPORTUNITIES AND CHALLENGES IN DIGITAL WORLD Dr. T. N. Murty 1, N D Chandra Sekhar 2 and S Vidya Sagar 3 1 Professor & Director, Nimra College of Business Management, Vijayawada, India Email: thamminaina@yahoo.com

More information

What every Recruiting Manager. needs to know about. Online Recruiting. What every Recruiting Manager needs to know about Online Recruiting

What every Recruiting Manager. needs to know about. Online Recruiting. What every Recruiting Manager needs to know about Online Recruiting What every Recruiting Manager needs to know about Online Recruiting What is online recruitment? Any recruitment activity that uses the Internet as the primary medium of communication is covered by the

More information

Chapter 3 Types of CRM

Chapter 3 Types of CRM Chapter 3 Types of CRM 1 Learning Objective To know about the Operational CRM To understand Collaborative CRM To Understand Analytical CRM 2 Introduction to Types of CRM CRM recognises that customers are

More information

CASE STUDY: UTILISING E-BUSINESS TECHNOLOGIES FOR MARKETING SUPPORT IN THE CE INDUSTRY

CASE STUDY: UTILISING E-BUSINESS TECHNOLOGIES FOR MARKETING SUPPORT IN THE CE INDUSTRY e-business W@tch European Commission, DG Enterprise & Industry E-mail: entr-innov-ict-ebiz@ec.europa.eu, info@ebusiness-watch.org This document is based on sector studies, special reports or other publications

More information

The Case for Commercial Data The Time to Act is Now

The Case for Commercial Data The Time to Act is Now Today, we have access to a vast amount of customer data that can be used to power sales and marketing efforts. That may not be the case tomorrow. behind. Currently, regulations for customer data are looser

More information

TransPromo The New Communications Tool for Optimizing Cross-Selling Campaigns

TransPromo The New Communications Tool for Optimizing Cross-Selling Campaigns Brian Paulson Vice President, FIS Payment Output Solutions 800.822.6758 The payments industry is undergoing historic change due to emerging technologies, deregulation and financial market innovation. For

More information

SYLLABUS. B.B.A. V SEM Subject Customer Relationship Management

SYLLABUS. B.B.A. V SEM Subject Customer Relationship Management SYLLABUS B.B.A. V SEM Subject Customer Relationship Management UNIT I Introduction to CRM: Definition and concepts of CRM, Components of CRM, Understanding the goal of CRM and Customer Touch Points. UNIT

More information

What is missing in campaign management today? Shaun Doyle VP Intelligent Marketing Solutions, SAS

What is missing in campaign management today? Shaun Doyle VP Intelligent Marketing Solutions, SAS What is missing in campaign management today? Shaun Doyle VP Intelligent Marketing Solutions, SAS Content What is campaign management? How has the technology evolved? Where are we today? What is missing?

More information

STEPPING INTO A NEW AGE OF MARKETING WITH CRM. A best practice guide to integrating marketing and CRM

STEPPING INTO A NEW AGE OF MARKETING WITH CRM. A best practice guide to integrating marketing and CRM STEPPING INTO A NEW AGE OF MARKETING WITH CRM A best practice guide to integrating marketing and CRM Stepping into a new age of marketing with CRM A best practice guide to integrating marketing and CRM

More information

IBM Software A Journey to Adaptive MDM

IBM Software A Journey to Adaptive MDM IBM Software A Journey to Adaptive MDM What is Master Data? Why is it Important? A Journey to Adaptive MDM Contents 2 MDM Business Drivers and Business Value 4 MDM is a Journey 7 IBM MDM Portfolio An Adaptive

More information

Improving customer relationships

Improving customer relationships White paper Customer Engagement Improving customer relationships How top companies maximize lifetime value through effective customer engagement Page 2 Customer experiences help drive long-term profits.

More information

Customer Segmentation and Profitability

Customer Segmentation and Profitability Customer Segmentation and Profitability Building Loyal, Profitable Customers S O L U T I O N P A P E R : FINANCIAL SERVICES SOLUTION PAPER: FINANCIAL SERVICES Customer Segmentation and Profitability Building

More information

MSc Marketing Management - LM561

MSc Marketing Management - LM561 MSc Marketing Management LM561 1. Objectives The programme aims to explore the nature and role of marketing in contemporary society. It will emphasise the role of marketing a new product and new business

More information

MERCHANDISING OPTIMIZATION DRIVING SALES AND LOWERING COSTS

MERCHANDISING OPTIMIZATION DRIVING SALES AND LOWERING COSTS MERCHANDISING OPTIMIZATION DRIVING SALES AND LOWERING COSTS Better Merchandising Procurement and Sourcing Supply Chain Management Toronto Montreal Chicago 90 Richmond Street E., Suite 100 600 de Maisonneuve

More information

Smart shopping with your bank Card Linked Offers and Merchant Funded Rewards The Next Generation Loyalty Program

Smart shopping with your bank Card Linked Offers and Merchant Funded Rewards The Next Generation Loyalty Program Smart shopping with your bank Card Linked Offers and Merchant Funded Rewards The Next Generation Loyalty Program Business ValueBusiness Value The Four Strategic Technology Areas The Must Haves for Competitive

More information

Product Marketing Manager

Product Marketing Manager Product Marketing Manager JOB TITLE: Product Marketing Manager Either Part Time or Full Time COMPANY DESCRIPTION: SmartUQ (SmartUQ.com) provides breakthrough analytics software for engineering applications.

More information

Drive Retail Sales and Enhance Loyalty by Streamlining Your Contact Center

Drive Retail Sales and Enhance Loyalty by Streamlining Your Contact Center SAP Brief SAP Customer Relationship Management SAP Contact Center Objectives Drive Retail Sales and Enhance Loyalty by Streamlining Your Contact Center Create a better retail experience across multiple

More information

THE PROCESS OF PREPARATION AND IMPLEMENTATION OF CRM IN THE COMPANY

THE PROCESS OF PREPARATION AND IMPLEMENTATION OF CRM IN THE COMPANY Journal of Information, Control and Management Systems, Vol. 6, (2008), No.1 95 THE PROCESS OF PREPARATION AND IMPLEMENTATION OF CRM IN THE COMPANY Viliam LENDEL, Milan KUBINA University of Žilina, Faculty

More information

Communication and marketing services

Communication and marketing services Communication and marketing services Contents Creativity is contagious. Pass it on. Albert Einstein 4. How we can help you 6. Creative services 8. Digital services 10. Print management 12. Customer communications

More information

Boost Profits with Better Marketing Analytics

Boost Profits with Better Marketing Analytics Boost Profits with Better Marketing Analytics Marketing Solutions for the Utilities Industry Publication Date: July, 2014 www.datamentors.com info@datamentors.com 01. Boost Profits with Better Marketing

More information

The 8 Elements of a Successful Sales

The 8 Elements of a Successful Sales The 8 Elements of a Successful Sales Effectiveness Program Introduction: There is lot more to sales effectiveness programs then what meets the eye initially. Some companies focus their efforts of sales

More information

What is multichannel How to Protect communications?

What is multichannel How to Protect communications? August September 2014 What is multichannel How to Protect communications? Your Data Practical Why ideas is it to important help organizations for your business? comply with data protection legislation

More information

Driving Profits from Loyalty

Driving Profits from Loyalty Driving Profits from Loyalty Overview 1 P a g e 5 Steps to Driving Profit from Loyalty 1. Customer Portfolio Analysis This is the first step on the road to customer profitability where we can begin to

More information

Good News Marketing Publishing & Subscription Services

Good News Marketing Publishing & Subscription Services Good News Marketing Publishing & Subscription Services December 2014 HH&S 27 Years of Good News Marketing HH&S have a unique experience in both newspaper circulation and subscription marketing Richard

More information

Advanced Multichannel Order Management Solutions That Optimize Sales Performance

Advanced Multichannel Order Management Solutions That Optimize Sales Performance Advanced Multichannel Order Management Solutions That Optimize Sales Performance Analytics that help you make accurate, informed decisions Scalable and Vendor-Neutral; work with any service provider Over

More information

Omni-Channel Marketing for Customer Driven Interaction

Omni-Channel Marketing for Customer Driven Interaction Omni-Channel Marketing for Customer Driven Interaction 2 Omni-Channel Marketing for Customer-Driven Interaction The Customer Driven Experience With the growing impact of mobile apps and digital touchpoints

More information

Medical Billing & Credit Card Marketing Report

Medical Billing & Credit Card Marketing Report Brochure More information from http://www.researchandmarkets.com/reports/605998/ Trends in Credit, Debit and Prepaid Direct Marketing Description: A time-saving, single-source reference on the latest trends

More information

The State of Manufacturing. A Survey of Key Business Objectives and Challenges among Mid-Market Manufacturing Companies

The State of Manufacturing. A Survey of Key Business Objectives and Challenges among Mid-Market Manufacturing Companies A Survey of Key Business Objectives and Challenges among Mid-Market Manufacturing Companies Table of Contents Executive Summary..................................................... 3 Methodology...........................................................

More information

Past, present, and future Analytics at Loyalty NZ. V. Morder SUNZ 2014

Past, present, and future Analytics at Loyalty NZ. V. Morder SUNZ 2014 Past, present, and future Analytics at Loyalty NZ V. Morder SUNZ 2014 Contents Visions The undisputed customer loyalty experts To create, maintain and motivate loyal customers for our Participants Win

More information

How To Integrate Cloud Crm Without A Master Data Management Strategy

How To Integrate Cloud Crm Without A Master Data Management Strategy MDM-Powered Cloud Computing to Boost Sales Leverage Master Data Management(MDM) for operational effectiveness of sale organization Panigrahi, Subhrajyoti (Subbu) 3/1/2011 Table of Contents Building an

More information

SURVEY RESULTS: Predictive Analytics Business Applications

SURVEY RESULTS: Predictive Analytics Business Applications SURVEY RESULTS: Predictive Analytics Business Applications Executive Summary and Analysis The first annual Predictive Analytics Business Applications survey was open for four weeks beginning early January,

More information

CONSUMER MARKETING 2014-2015

CONSUMER MARKETING 2014-2015 CONSUMER MARKETING 2014-2015 March 2014 3 rd edition 405 pages ISBN# 9781577831952 Published by: Richard K. Miller & Associates (RKMA) PART I: OVERVIEW 1 CONSUMER MARKETING 1.1 Scope 1.2 Market Assessment

More information

Traditional Market Research and Big Data Integration

Traditional Market Research and Big Data Integration Traditional Market Research and Big Data Integration Unlocking the Secrets to Why Customers Act the Way That They Do Greg Mishkin Vice President, Research and Consulting Market Strategies International

More information

CRM and One to One Marketing. Michael Collins Marketing and Data Strategist Travelosophy

CRM and One to One Marketing. Michael Collins Marketing and Data Strategist Travelosophy CRM and One to One Marketing Michael Collins Marketing and Data Strategist Travelosophy Travel Companies are Lucky! Travel Companies are Lucky! Traditionally they have collected: Customer and prospect

More information

Generating Customer Insight with the Multi-Partner Program HappyDigits. Athens, 24th September 2008 Thorsten Franz

Generating Customer Insight with the Multi-Partner Program HappyDigits. Athens, 24th September 2008 Thorsten Franz Generating Insight with the Multi-Partner Program HappyDigits Athens, 24th September 2008 Thorsten Franz Generating Insight with the Multi-Partner Program HappyDigits A brief introduction: Who is CAP,

More information

Data Functionality in Marketing

Data Functionality in Marketing Data Functionality in Marketing By German Sacristan, X1 Head of Marketing and Customer Experience, UK and author of The Digital & Direct Marketing Goose Data is not a new thing. Successful businesses have

More information

AgilOne integrates with your existing Silverpop implementation

AgilOne integrates with your existing Silverpop implementation AgilOne integrates with your existing Silverpop implementation AgilOne s Predictive Marketing Cloud comes out of the box with a bi-directional Silverpop integration to improve email conversion, and raise

More information

Right Time Revenue Optimization

Right Time Revenue Optimization More Revenue, Faster Right Time Revenue Optimization More Revenue, Faster Summary: The Short List Here s our suggested short list from this paper: What is right time revenue optimization? It s marketing

More information

Email Media: CRM opportunities from employee email traffic $ CONVERSION RETENTION PERSONALISATION PROFILING

Email Media: CRM opportunities from employee email traffic $ CONVERSION RETENTION PERSONALISATION PROFILING Email Media: CRM opportunities from employee email traffic $ CONVERSION RETENTION PERSONALISATION PROFILING CRM opportunities from employee email traffic No matter how sophisticated a company s CRM programme

More information

The Emergence of Internet Marketing. white paper

The Emergence of Internet Marketing. white paper The Emergence of Internet Marketing white paper Traditional marketing relies on decisions in four basic controllable categories labeled the four P s : Product, Price, Place and Promotion. In this marketing

More information

Analysis. Marketing Automation: Adding Science to the Art of Marketing. April 2011. Service Area. Business Development Strategies

Analysis. Marketing Automation: Adding Science to the Art of Marketing. April 2011. Service Area. Business Development Strategies Analysis April 2011 Marketing Automation: Adding Science to the Art of Marketing Service Area Business Development Strategies Comments or Questions? Table of Contents Key Highlights... 2 Introduction...

More information

10 ways Professional Service companies can increase their profits through marketing

10 ways Professional Service companies can increase their profits through marketing 10 ways Professional Service companies can increase their profits through marketing A Xander Marketing Guide T: 03302232770 E: hello@xandermarketing.com W: www.xandermarketing.com Introduction Traditionally

More information

Insurance Marketing White Paper The benefits of implementing marketing automation into your email marketing strategy

Insurance Marketing White Paper The benefits of implementing marketing automation into your email marketing strategy Insurance Marketing White Paper The benefits of implementing marketing automation into your email marketing strategy Katie Traynier July 2013 Email and Website Optimisation Introduction Most email marketers

More information

BSBMKG508A Plan direct marketing activities

BSBMKG508A Plan direct marketing activities BSBMKG508A Plan direct marketing activities Revision Number: 1 BSBMKG508A Plan direct marketing activities Modification History Not applicable. Unit Descriptor Unit descriptor This unit describes the performance

More information

6/10/2015. Chapter Nine Overview. Learning Outcomes. Opening Case: Twitter: A Social CRM Tool

6/10/2015. Chapter Nine Overview. Learning Outcomes. Opening Case: Twitter: A Social CRM Tool Opening Case: Twitter: A Social CRM Tool McGraw-Hill-Ryerson 2015 The McGraw-Hill Companies, All Rights Reserved Chapter Nine Overview SECTION 9.1 CRM FUNDAMENTALS Introduction Using Information to Drive

More information

Enhancing customer-centric strategies. An Experian Data Quality white paper

Enhancing customer-centric strategies. An Experian Data Quality white paper Enhancing customer-centric strategies An Experian Data Quality white paper Introduction The retail industry is slowly shifting the way in which contact data is collected, used, and prioritized. With this

More information

Transforming the Way to Market, Sell and Service

Transforming the Way to Market, Sell and Service Customer Relationship Management (CRM) Transforming the Way to Market, Sell and Service Agenda I. CRM definition and overview II. Getting started with CRM Initiatives 2 1 What is CRM? Customer Relationship

More information

PAST PRESENT FUTURE YoU can T TEll where ThEY RE going if YoU don T know where ThEY ve been.

PAST PRESENT FUTURE YoU can T TEll where ThEY RE going if YoU don T know where ThEY ve been. PAST PRESENT FUTURE You can t tell where they re going if you don t know where they ve been. L everage the power of millions of customer transactions to maximize your share of customer travel spend. Vistrio

More information

SYLLABUS - DIRECT MARKETING AND SALES PROMOTION (10 Credits)

SYLLABUS - DIRECT MARKETING AND SALES PROMOTION (10 Credits) SYLLABUS - DIRECT MARKETING AND SALES PROMOTION (10 Credits) This unit aims to provide candidates with an understanding of the disciplines and techniques of direct marketing and sales promotion at an operational

More information

How to create an effective data management strategy

How to create an effective data management strategy How to create an effective data management strategy Companies today are storing more and more data, whether that s your key account contacts, existing customer information or potential prospects it s not

More information

Customer Experience: Neue Wege im Salesprozess von Banken

Customer Experience: Neue Wege im Salesprozess von Banken Customer Experience: Neue Wege im Salesprozess von Banken Norbert Schweimanns Essen, 10. Juli 2007 Agenda 1 Integrated business model: Private & Business Clients 2 Directing customer within the Outbound

More information

Customer Relationship Management

Customer Relationship Management 1 Customer Relationship Management Customer relationship management (CRM) consists of the processes a company uses to track and organize its contacts with its current and prospective customers. CRM software

More information

White Paper. Real-time Customer Engagement and Big Data are Changing Marketing

White Paper. Real-time Customer Engagement and Big Data are Changing Marketing Real-time Customer Engagement and Big Data are Changing Marketing Real-time Customer Engagement and Big Data are Changing Marketing Marketing is rapidly approaching to what marketers have often dreamed

More information

TELEMARKETING Don t miss a Golden Egg opportunity to turn your telemarketing campaigns into profit centers.

TELEMARKETING Don t miss a Golden Egg opportunity to turn your telemarketing campaigns into profit centers. of the BROADER ROLE TELEMARKETING Don t miss a Golden Egg opportunity to turn your telemarketing campaigns into profit centers. NEW 1555 Pony Express Hwy Home, KS 66438 (800) 882-0803 ronen@bluevalley.net

More information

Integrated Communication

Integrated Communication Integrated Communication Integrated Communication is a 15-credit mandatory module which sits within the suite of Level 4 modules. To gain the CIM Level 4 Certificate in Professional Marketing a pass in

More information

The Big Data Customer Intelligence Challenge

The Big Data Customer Intelligence Challenge The Big Data Customer Intelligence Challenge Big Data Marketing Data Visualization Nicolas Terrasse SAS France 28 mars 2013 TRANSFORMING MARKETING BIG DATA : UNE REALITE Big data is a reality and affects

More information

DATA MINING STRATEGIES AND TECHNIQUES FOR CRM SYSTEMS

DATA MINING STRATEGIES AND TECHNIQUES FOR CRM SYSTEMS DATA MINING STRATEGIES AND TECHNIQUES FOR CRM SYSTEMS Dr. Abdullah S. Al-Mudimigh, Zahid Ullah, Farrukh Saleem Department of Information System College of Computer and Information Sciences King Saud University,Riyadh

More information

Data Products and Services. The one-stop-shop for all your business-to-consumer data requirements

Data Products and Services. The one-stop-shop for all your business-to-consumer data requirements Data Products and Services The one-stop-shop for all your business-to-consumer data requirements Put data and insight back at the heart of your marketing Knowing who to target, when, via what channel and

More information

SOCIAL CUSTOMER RELATIONSHIP MANAGEMENT (SCRM) IN INDIAN RETAIL INDUSTRY

SOCIAL CUSTOMER RELATIONSHIP MANAGEMENT (SCRM) IN INDIAN RETAIL INDUSTRY SOCIAL CUSTOMER RELATIONSHIP MANAGEMENT (SCRM) IN INDIAN RETAIL Dr. A.R. Annadurai* INDUSTRY Abstract: Social CRM is an advanced form of customer relationship management that uses social media services,

More information

Customer Relationship Management

Customer Relationship Management Customer Relationship Management Introduction... Ed Sander 15+ years of experience in Direct Marketing, Database Marketing, CRM, On-line Marketing Pet Food, Tissue Products, Mail Order Office Supplies,

More information

Customer Data Management in Retail

Customer Data Management in Retail Enterprise Master Customer in Retail From Product to Customer Centric September 2006 Retail Agenda Retail Challenges Master - Customer Integration Retail Case Study Questions and Answers 2 Retail Challenges

More information

Marketing Plan Checklist

Marketing Plan Checklist Marketing Plan Checklist Water Street Design, LLC 205 North Cameron Street Winchester, VA 22601 540-667-6646 waterstdesign.com Creating a Marketing Plan You d be surprised how many large brands rely on

More information

LEAD NURTURING STRATEGY WHITE PAPER. November 2013

LEAD NURTURING STRATEGY WHITE PAPER. November 2013 LEAD NURTURING STRATEGY WHITE PAPER November 2013 TABLE OF CONTENTS 1. EXECUTIVE SUMMARY 2. INTRODUCTION 3. WHAT IS LEAD NURTURING? 4. OUTLINING AN EFFICIENT LEAD NURTURING STRATEGY 4.1. BUYER PERSONA

More information

Customer Experience Management

Customer Experience Management Customer Experience Management Best Practices for Voice of the Customer (VoC) Programmes Jörg Höhner Senior Vice President Global Head of Automotive SPA Future Thinking The Evolution of Customer Satisfaction

More information

a. Languages: English will be the primary language of the collection. b. Chronological Guidelines: Current and recent topics are of major interest.

a. Languages: English will be the primary language of the collection. b. Chronological Guidelines: Current and recent topics are of major interest. Georgia State University University Library Collection Development Policy Department of Marketing Purpose: To provide guidance in the selection of library materials to support the curriculum for the program

More information

9. 3 CUSTOMER RELATIONSHIP MANAGEMENT SYSTEMS

9. 3 CUSTOMER RELATIONSHIP MANAGEMENT SYSTEMS Chapter 9 Achieving Operational Excellence and Customer Intimacy: Enterprise Applications 349 FIGURE 9-5 THE FUTURE INTERNET-DRIVEN SUPPLY CHAIN The future Internet-driven supply chain operates like a

More information

Shell CRM 2020. October 2014

Shell CRM 2020. October 2014 Shell CRM 2020 October 2014 MOST CONFIDENTIAL 2 2 THE SITE OF THE FUTURE RETAIL VISION Experience Role in Retail Strategy BEST FUELS RETAILER IN THE WORLD Accelerate Future Heartlands Defend and Grow the

More information

Exceptional Customer Experience AND Credit Risk Management: How to Achieve Both

Exceptional Customer Experience AND Credit Risk Management: How to Achieve Both Exceptional Customer Experience AND Credit Risk Management: How to Achieve Both Lynn Brunner Experian and the marks used herein are service marks or registered trademarks of Experian Information Solutions,

More information

Creating Greater Revenues Through Retention

Creating Greater Revenues Through Retention Creating Greater Revenues Through Retention Or, how to make more with less by Erica S. Thomsen Abstract: Creating Greater Revenue Through Retention seeks to demonstrate the power of reallocating a portion

More information

Boost Email Relevancy with Dynamic Content. Using Dynamic Content for Advanced Personalization & Customization

Boost Email Relevancy with Dynamic Content. Using Dynamic Content for Advanced Personalization & Customization Boost Email Relevancy with Dynamic Content Using Dynamic Content for Advanced Personalization & Customization 1 Boost Conversions with Dynamic Content 5/2013 Introduction In this paper we ll discuss using

More information

ACS 3907 E-Commerce. Instructor: Kerry Augustine March 3 rd 2015. Bowen Hui, Beyond the Cube Consulting Services Ltd.

ACS 3907 E-Commerce. Instructor: Kerry Augustine March 3 rd 2015. Bowen Hui, Beyond the Cube Consulting Services Ltd. ACS 3907 E-Commerce Instructor: Kerry Augustine March 3 rd 2015 CUSTOMER RELATIONSHIP MANAGEMENT (CRM) SYSTEMS Managing materials, services and information from suppliers through to the organization s

More information

B2B E-Commerce Solutions Empower Wholesale Distributors

B2B E-Commerce Solutions Empower Wholesale Distributors SAP Thought Leadership Paper Wholesale Distribution B2B E-Commerce Solutions Empower Wholesale Distributors Achieve Interaction Excellence with Outstanding Online Experiences and High-Quality Digital Content

More information

Collaborative CRM Workshop. 04 Strategy and Tactics Development

Collaborative CRM Workshop. 04 Strategy and Tactics Development Collaborative CRM Workshop 04 Strategy and Tactics Development 1 Collaborative CRM 2005 04 Strategy & Tactics Development Copyright ECR Europe 2005. All rights reserved. Version 7.0 June 2005 Collaborative

More information

Lead nurturing: Using email marketing to convert a prospect into a sale

Lead nurturing: Using email marketing to convert a prospect into a sale Lead nurturing: Using email marketing to convert a prospect into a sale Patrick Zuluaga Director PMZ Marketing Have you heard this before? Email does not work for customer acquisition but rocks for customer

More information

paragyte Whitepaper The Significance of CRM in Retail Industry

paragyte Whitepaper The Significance of CRM in Retail Industry Whitepaper The Significance of CRM in Retail Industry Retail Industry overview The retail sector has seen unprecedented growth in the last few years and according to research firm Lucintel, the global

More information

National Commission for Academic Accreditation & Assessment. Standards for Quality Assurance and Accreditation of Higher Education Programs

National Commission for Academic Accreditation & Assessment. Standards for Quality Assurance and Accreditation of Higher Education Programs National Commission for Academic Accreditation & Assessment Standards for Quality Assurance and Accreditation of Higher Education Programs November 2009 Standards for Quality Assurance and Accreditation

More information

Supporting Businesses through innovative internet solutions and information technology

Supporting Businesses through innovative internet solutions and information technology Supporting Businesses through innovative internet solutions and information technology WEB DEVELOPMENT, WEB HOSTING, SOCIAL MEDIA ADVERTISING, IT TRAINING, IT INFRASTRUCTURE MANAGEMENT, ERP DEPLOYMENT,

More information