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SAP CRM

 
Industry : IT Products Functional Area : Application Software
Activity:  1 comments  156 views  last activity : 07 06 2010 20:18:04 +0000
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CUSTOMER RELATIONSHIP MANAGEMENT is a customer centric business strategy with the goal of maximizing profitability, revenue and customer satisfaction.

But companies face problems while implementing customer relationship management. Here is something interesting for those who are looking to get ideas as to how to rise from a customer service disaster.

It is very important to understand that there is no CRM magic wand that you can install one time and forget it. All the promises made by companies offering this systems and programs fall flat because of lack of integration and false expectations.

Working in a high-pressure customer service environment I have tried many tools and techniques to improve customer experience and found few techniques that really work in the real world. These steps are designed for companies who in dire need some fast track solution for their customer problem but they can also be implemented in any origination who want loyal customers.

 

Step 1- Never ever underestimate your customer

Customers are coming from varied background and have totally different thought process. Hence we cannot expect to get customer satisfaction just by giving a standard offerings. CRM is not a magic, it should be tailored to suit the variety in customers. 

 

Step 2 - Educate your customers

Rather than educating the customers  about the products features and functionalities, it is a better option to educate them with how the product will be useful for them, how will it help them to solve their problems. 

 

Step 3 - Become Customer ambassador

When customers choose your company they get emotionally attached to you and the products or services you offer. If you become customer ambassador (customer voice) in your organization your relationship with the customer will improve ten folds. Customers will get an internal champion who can direct their requirements to the right department and 50% of your customers problems will be solved.

 

Step 4 - Keep your customers engaged

A successful company engages the customers in the company activities. Keep the customer busy and make them come back to you. You can conduct regular customer surveys and interviews. Encourage your customers to participate in company sweepstakes.

 

Step 5 - Fire them if you have no choice

Identify the nature of the customers, loyal customers are more important that the others. It is not a wrong decision to dismiss a nagging customer.It is very important to identify and fire the customers who are drilling hole in your profit margin before they suck the last dollar from your bank account. You don't have to be harsh or rude to your customers but you can politely ask them to try others options.

 
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1 comments on "Five Step CRM Quick Fix - How to Rise From the Customer Service Disaster Like a Phoenix"
  Commented by  Anil Tadmari, Head/VP/GM-Corporate Planning/Strategy, MACCAFERRI    | 06 25 2008 00:56:39 +0000
Good analysis
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