Customer Relationship Management (CRM) – Maximising Customer Value This programme equips you with the key CRM concepts and the role CRM plays in improving corporate productivity and profitability. Using a comprehensive framework, it discusses the various key processes involved in CRM and provides an integrated approach to managing relationships with customers.
Key Benefits
Understand CRM in the context of the organisation's business and customer strategy
Understand the benefits of CRM and the processes that constitute a CRM framework
Use Customer Lifetime Value, BCG Matrix and the McKinsey/GE Customer Portfolio Matrix to select customer portfolios
Manage the activities of the Customer Life-Cycle, i.e. customer acquisition, retention and recovery
Identify the most appropriate channels and media through which to interact with customers
Identify the most appropriate performance indicators to measure the effectiveness of the CRM activities
Learn the critical success factors in implementing a CRM
Course Content
What is Customer Relationship Management?
How does CRM impact the organisation
Does the organisation need CRM?
Strategy Development
What business are you in?
CRM supporting the Business Strategy
Looking at Customers
Identifying your customer
Segmenting your custome
Customer expectations
Value Creation
Customer and company value
Customer Life Cycle
Building Value Propositio
Customer lifetime value
Customer Interactions
Channel and media integration
CRM Information System
Organisation information on customers
Measuring CRM
Measuring performance
Characteristics of excellent CRM
Learning Methodology Interactive methodologies such as discussion, presentation and case studies are used to provide participants with many opportunities to acquire and demonstrate their learning. Who Should Attend Managers who need to set-up and manage CRM systems in their company, Executives who need to implement Customer Relationship Management activities and All Customer Service Personnel.
Course Details Duration: 2 days (14 hrs) Time: 9am - 5pm Course Fee: $449.40 (Incl 7% GST) SDF Support: $56.00 [SDF support is applicable for SMEs only. Conditions apply.]