Page 31 - DMGT308_CUSTOMER_RELATIONSHIP_MANAGEMENT
P. 31

Customer Relationship Management




                    Notes          CRM Technology Components
                                   The following are the components, which are common to different CRM approaches.
                                   CRM Engine: This could be the customer data repository. The data mart, the data warehouse is
                                   the one where all the data on customer is captured and stored. This could include basic stuff such
                                   as your name, address, telephone number, birth date etc. It could also include more sophisticated
                                   information like how many times you have accessed a particular web site and what you did on
                                   the web pages you accessed. It could also include the help desk support and the purchase history.
                                   Ultimately, the purpose is a single gathering point for all individual customer information so
                                   that a unified customer view can be created throughout the company departments that need to
                                   know the data stored in this CRM engine house.
                                   Front Office Solutions: These are the unified applications that run on the top of the customer
                                   data warehouse. They could be sales force automations, marketing automation, or service and
                                   support customer interaction applications. In the client server environment (and now in the
                                   internet environment), they provide employees with the information on the basis of which the
                                   decision of “what is to be done? or “What next is to be done with the customer is made?” The
                                   more specific applications provide an element of self-service for the customer.
                                   Enterprise Application Integration: They sit between back office and front office. They also sit
                                   between the newly installed CRM system and old systems implemented by the enterprise. They
                                   permit CRM to CRM communication. They are pieces of codes, connectors and bridges that as a
                                   body are called as EAIs. EAIs provide messaging services and data mapping services that allow
                                   one system to communicate with different other systems regardless of their formatting.




                                     Notes Consumer insight helps identify hidden meanings in consumer feedback, such as
                                     discovering latent consumer needs or value that they themselves might not be aware of
                                     and applying this information to our products. LG Electronics is making every effort to
                                     explore consumer insight and to reflect it in product development and marketing, thereby
                                     increasing consumer value.




                                     Did u know?  LG Electronics opened a global marketing portal site as an in-house marketing
                                     centre in July 2008 so that marketing personnel around the world could share and learn
                                     from important best practices  as well  as marketing  strategies and activities. LGE will
                                     continue to expand the portal and strengthen its function as a Global Insight Hub.




                                      Task  What are important components of CRM?


                                   Self Assessment

                                   Fill in the blanks:
                                   1.  The first model component of CRM architecture is …………………….

                                   2.  There are …………………… types of technological components of CRM.
                                   3.  Departmental model is possible for …………………… size of organizations.





          26                                LOVELY PROFESSIONAL UNIVERSITY
   26   27   28   29   30   31   32   33   34   35   36