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2018 | OriginalPaper | Buchkapitel

4. Implementing the CRM Strategy

verfasst von : V. Kumar, Werner Reinartz

Erschienen in: Customer Relationship Management

Verlag: Springer Berlin Heidelberg

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Abstract

Implementing the CRM Strategy involves putting together a sequential order of operations that comprises of the following components: (1) the various elements of a CRM System such as the company to customer touch points that cover sales, marketing, and service functions, (2) ascertaining the ROI of the planned CRM initiative by considering the costs and implementation timeframe, and (3) the project and data requirements for the deployment of the CRM project. To explain the process of CRM implementation, this chapter reviews a case study involving British financial service company Capital One. This case highlights the factors that impact the implementation of CRM in an organization.

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Fußnoten
1
Churn rate is the number of existing customers who have left by the end of a given period divided by the number of existing customers at the beginning of the respective period.
 
2
This case was prepared by Ulrike Wiehr, the Boston Consulting Group MBA Fellow, under the supervision of Professor Werner J. Reinartz, at INSEAD.
 
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Metadaten
Titel
Implementing the CRM Strategy
verfasst von
V. Kumar
Werner Reinartz
Copyright-Jahr
2018
Verlag
Springer Berlin Heidelberg
DOI
https://doi.org/10.1007/978-3-662-55381-7_4