This paper is a case study discussing different Customer Resource Management (CRM) systems possible for Kucera Clothiers.
Case Study # 83802 |
1,125 words (
approx. 4.5 pages ) |
5 sources |
2005
|
$ 23.95
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Abstract
This paper discusses different recommendations for Customer Resource Management (CRM) systems to be used by Kucera Clothiers in their implementation of a CRM (Customer Resource Management) System . The author points out that Kucera Clothiers desires to improve service to customers by tracking customer purchases at both the brick and mortar stores and online. The paper relates that a CRM system provides seamless access to customer's information and the ability to leverage this information quickly for trends and analyses while working with customers.
From the Paper
"The recommendation made is for the implementation of a CRM (Customer Resource Management) System to improve service to customers by tracking customer purchases at both the brick and mortar stores and online. Customer Resource Management (CRM) systems provide seamless access to customer's information, ability to leverage this information quickly for trends and analyses while working with customers, and well organized information that is retrievable from multiple access points. However, CRM systems often require an organizational wide implementation, which may replace already proven systems, would require substantial installation time for mapping existing data, and significant training time for all employees. Different forms of CRM are also possible, in part depending on the type of information to be gathered and tracked. Kucera Clothiers has more than 3,500 locations and 100,000 employees throughout the world, selling both in brick-and-mortar stores and through a website for online sales."
Tags:crm, implementation, research
This paper discusses three CRM (Customer Resource Management) business solutions in the case of Kucera Clothier.
Essay # 83903 |
1,800 words (
approx. 7.2 pages ) |
6 sources |
2005
|
$ 34.95
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Abstract
This paper evaluate three CRM (Customer Resource Management) business solutions: Dashboard Customer Service and CRM system from Iventa, a wireless system from PeopleSoft and a new CRM system from Teradata. The author selects the best technology and explains why it is better than the other two. The paper relates that they are compared in terms of features, capabilities, costs, return on investment and other dimensions
From the Paper
"Three CRM (Customer Resource Management) systems have been recommended to Kucera Clothier, and now the three need to be analyzed for features, costs, and limitations. The three are offered by different companies, one the Dashboard Customer Service and CRM system from Iventa, a second a wireless system from PeopleSoft, and the third a new CRM system from Teradata. The Dashboard's Customer Service and CRM system is advertised as "a completely integrated and automated way to provide your visitors, customers, subscribers and/or members world-class service in a low cost, highly efficient manner. Automatically track all interaction your customer has with your website and your support personnel. Empower your customers to help themselves by providing access to edit information, view order status and tracking data, view customer service requests and responses, renew or upgrade memberships, and search your own knowledge base and FAQ's."
Tags:crm, technology, solutions
This paper looks at system for customer relationship management (CRM), concentrating on the hospitality industry.
Analytical Essay # 123403 |
2,500 words (
approx. 10 pages ) |
50 sources |
MLA | 2008
|
$ 45.95
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Abstract
In this article, the writer examines customer relationship management (CRM) systems, including their operational, analytical, and collaborative aspects and technology. The writer looks at how they relate to the hospitality industry and improving customer relations.
From the Paper
"Customer relationship management (CRM) creates a comprehensive picture of customer needs expectations and behaviors by analyzing information from every customer transaction. Although CRM can be leveraged to improve various aspects of ordering and fulfillment 'The intent of CRM is to create a dynamic environment of continuously improving customer relationships'. CRM is in part an information-gathering protocol that creates the customer intelligence necessary to develop customer relationships. By collecting storing and analyzing customer information companies can develop and maintain better relationships ..."
Tags:customer, customer relationship management, CRM, vendor, operational, technology, system, software, hospitality industry, customer
An overview of e-CRM, electronic customer relationship management.
Term Paper # 121710 |
1,000 words (
approx. 4 pages ) |
14 sources |
APA | 2008
|
$ 21.95
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This paper discusses the concepts involved in e-CRM (customer relationship management), and explains how it has changed the marketing function. The paper looks at the use of self-service web applications.
From the Paper
"The advent of e-business has brought with it the need for electronic ways of handling tasks and services previously handled in person in bricks-and-mortar stores or via the corporate offices of retailers. One such service is customer relationship management (CRM). An e-tailer cannot chat up the customers to build relationships with them; he needs a technological solution that can help him achieve the same benefits sight unseen. E-CRM is the use of information technology (IT) for CRM purposes."
Tags:e-CRM, marketing, data mining, e-business, customer service
This paper defines and examines the effectiveness of the CRM software system in business.
Essay # 67724 |
1,733 words (
approx. 6.9 pages ) |
14 sources |
MLA | 2006
|
$ 33.95
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Abstract
The writer of this paper defines CRM as customer relationship management, which is an information industry phrase for methodologies, software and internet facilities that assist an enterprise in handling customer relationships in a structured way. This paper details the uses and effectiveness of the CRM enterprise software system, which when installed correctly aids large companies in all areas concerning customer service. CRM is a business tactic centered on the idea of being customer-centric. This paper examines the main aim of CRM which is to achieve maximum revenue through better customer fulfillment while at the same time enhancing connections at each customer touch point. This paper also discusses the various types of CRM programs as well as their relevant components.
Table of Contents:
Executive Summary
Introduction
Definition of CRM
Component of CRM
Types of CRM
Benefit and Issues of CRM
Conclusion
References
From the Paper
"The Contact Center is a vital constituent of an efficient CRM strategy as primary sales, service and retention level for many companies. (Definitions of CRM on the Web) A significant move in applying a CRM solution is to assess all of the procedures within a company. During this assessment, a company will understand that documents play a major role in some of those processes. A quick glance at the financial department of any company will confirm the previous statement to be true. When a company identifies critical documents, it has to work out how its new CRM system will manage them. It's at this instant that the company will recognize the significance of incorporating a document management solution with its selected CRM system."
Tags:business, software, service, customer, application, revenue
Investigates if revenue management (RM) and customer relationship management (CRM )are appropriate systems for the Queen's Hotel.
Business Plan # 106114 |
2,940 words (
approx. 11.8 pages ) |
12 sources |
APA | 2008
|
$ 52.95
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This paper examines two management concepts called revenue management (RM) and customer relationship management (CRM) that are increasingly used in the hotel and hospitality industry, where competition is most severe and cutthroat. The author evaluates the appropriateness of a RM model and CRM system for the profitability of the relatively small Queen's Hotel at the British Isle of Wight, which is not part of a chain. The paper explains that software is available to support each system. The author concludes by recommending the viability of RM and CRM for the hotel.
Table of Contents:
Introduction
Queen's Hotel
RM & CRM
Critique
RM Package
CRM System
Recommendation
From the Paper
"The RM model at Queen's Hotel intends to optimize pricing for its room by considering variability over time and capacity constraints. This is run on Excel spreadsheet whose task is precisely to price hotel rooms and set capacities for various room classes. Operated on three phases, the RM model starts by setting the classes of rooms, identifying prices and expected demand as well as the demand elasticity for each class. Elasticity here refers to the percentage increase in demand with a 1 percent increase in prices."
Tags:ties, yield management, price optimization, guests, data collection
This paper discusses whether customer relationship management (CRM) and information technology (IT) can successfully be used in tandem in business.
Term Paper # 117839 |
852 words (
approx. 3.4 pages ) |
10 sources |
APA | 2009
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$ 18.95
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This paper demonstrates that customer relationship management (CRM) and information technology (IT) in business can satisfy the customer and increase business productivity without sacrificing one for the other. The paper discusses the PrintingForLess.com company as a success story of CRM in business and the PeopleFirst Finance LLC as a symbol of failure of CRM. The paper comes to the conclusion that CRM can be used successfully in IT business relations if business workers can stay motivated by upper management, thereby creating satisfied customers.
From the Paper
"The question being researched is whether or not customer relationship management (CRM) and information technology (IT) in business can provide improvements to the business and satisfy customers without sacrificing one for the other? According to Wikipedia, CRM is defined as "the methods and technologies used by companies to manage their relationships with clients" by storing information on customers through an automated process that generates the information for marketing purposes using a software programs. Most of CRM consumers are big corporations who do business on-line and through automated telephone service hoping to increase profits and keep current customers and generate new ones."
Tags:productivity, consumer, loyalty, efficiency
This paper explores whether the current profile of customer relationship management (CRM) deployment across industry has been effective and what, if any, future relevance CRM will have in these industries.
Essay # 100327 |
2,015 words (
approx. 8.1 pages ) |
13 sources |
APA | 2007
|
$ 38.95
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Abstract
This paper explains that customer relationship management CRM allows organizations to develop a closer relationship with customers and to monetize the data and information, which would normally lay dormant within untouched massive databases. The author points out that CRM has become a business differentiator and especially has become relevant for e-commerce applications that find a ready infrastructure in which to be integrated. The paper suggests that the single most prevalent reason for the failure of CRM to deliver on expected returns is an organization that focuses too much on the data analysis function and loses sight of the actual customer transactions that are the most important part of the business process.
Table of Contents:
Research Hypothesis
Introduction
Technology Background
Historical
Technology
How It Functions
Suppliers
Consumers
Application of the Technology
Organizational Use
Applications
Strengths
Weaknesses
Success
Failure
Future Trends
The Future
Forces of Change
Conclusions
From the Paper
"Retail banking has taken a leading role in deploying e-commerce and e-business functionality in relation to its CRM initiatives. On-line banking has become a fact of life and hardly any commercial and consumer banking institution would consider going to market without these services integrated into its CRM portfolio." . Retail banking institutions have mastered the art of on-line bill paying, transfers, deposits, and account management to the degree that many customers simply do not feel the need or the desire to visit the bank."
Tags:e-commerce, portfolio, banking, software, databases
This paper presents a research proposal to investigate the idea that best customer relationship management (CRM) practice keeps airlines afloat against a turbulent business environment.
Research Proposal # 108875 |
2,357 words (
approx. 9.4 pages ) |
31 sources |
APA | 2008
|
$ 43.95
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Abstract
This paper presents a thesis proposal that will examine the increasing use of customer relationship management (CRM) in the airline industry, which is currently beleaguered by soaring oil prices, rising global inflation and interest rates, instability in currency exchange rates and the overall slowdown of the global economy. The paper relates that the primary objective of the thesis is to determine if CRM practice is really the breakthrough management technique that can help solidify the financial position of an airline, which is considered one of the hardest businesses to manage. The writer proposes that this should be done through the case study approach, by conducting a relevant survey and interviews with airlines that have successfully weathered the ongoing fuel crisis and global uncertainties. Two successful companies are proposed as case study samples for the survey and extensive person-to-person interviews, namely, Southwest Airlines and American Airlines. The writer concludes that the research aims to uncover from the CRM perspective how airlines succeed in delivering superior and convenient travel experience to forge a long-term relationship with customers.
Outline:
Introduction
Main Question
2 Sub-questions
Literature Review
Proposed Methodology
Reflections
Conclusion
From the Paper
"Whilst one airline after another goes out of business or on the edge of bankruptcy, a handful of airlines continue to operate profitably as if no crisis assails the industry at all. The most prominent of these successful airlines are Southwest Airlines, Cathay Pacific, Singapore Airlines, American Airlines and EasyJet. These airlines are deemed successful not only in terms of revenues and passengers enplaned but also in terms of ratings for customer satisfaction. Southwest Airlines, for example, was recently honored by the US Department of Transportation for having the least number of complaints received from customers. It is interesting to see what management and operational strategies do these airlines employ to insulate their companies against the current economic crisis as well as the instabilities common to the industry, which can be highly instructive to both practitioners and students of management and marketing."
Tags:passengers, profitability, plane, tickets, online
A review of the article "Avoid the Four Perils of CRM" by Darrell K. Rigby, Frederick F. Reichheld and Phil Schefter.
Article Review # 97599 |
869 words (
approx. 3.5 pages ) |
0 sources |
2007
|
$ 18.95
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Abstract
This paper examines how, in the article, "Avoid the Four Perils of CRM" , authors Darrell K. Rigby, Frederick F. Reichheld and Phil Schefter provide insightful analysis and guidance from their collective experience advising companies on how to augment their marketing, selling and service strategies more effectively using customer relationship management (CRM) software. It looks at how the authors collectively concur that the need for companies to first define their strategies and the processes required to accomplish their goals is the first step to effectively layering in CRM as an IT investment.
From the Paper
"The four perils the authors mention include implementing CRM before creating a customer strategy, rolling out CRM before changing your organization to match, assuming the more CRM technology the better, and stalking, not wooing your customers. These four perils all either directly or indirectly relate to change management, a key lesson the authors expand upon in their examples of how CRM implementations can typically fail. An excellent insight from the article is that the mere automating of customer-facing processes does not guarantee success of a strategy; in fact this is another point of failure. "
Tags:Customer, Relationship, Management, it, technology