Ogilvy Interactive TeamCustomer Relationship Management (CRM)Vladimir M JordanovDecember 2nd, 2000Oglivy Interactive Beijing Boot-camp1Customers
Who are these guys
2What is CRM
In-depth analysis of customer behavior and attributes
Applying of the achieved knowledge in the formulation of marketing campaigns, strategies and treatment plans
More than just a set of technologies – it is a process
3Why CRM
Company existence – quest for profit
Three ways to increase the profitability of the customer base Acquire more customers Optimize the value of the existing customers Retain the right customers longer Acquiring new customer cost 5-10 times more that retaining the existing one Loyal customers will will buy more and are willing to pay premium prices 20/80 rule – 20% of the custom