Purchase Solution

Utilizing Customer Relation Management (CRM) Data

Not what you're looking for?

Ask Custom Question

The student submitted the following question:
Does your organization use electronic Customer Relation Management (CRM) data and how is it providing value?

This solution provides an example from an electronics store retailer. Customer service is polled through direct email; to see how well consumers rate their overall service. It explains the importance of both initial customer satisfaction and follow-up surveys in determining how likely repeat business will occur. If feedback is negative, this provides an organization with immediate input on what should be changed.

Purchase this Solution

Solution Summary

This solution provides an actual work example of when, where and how electronic Customer Relation Management (CRM) data is used in consumer store setting. In this example, retailers use venues such as online surveys or emails to see how consumers would rate their shopping experience. Electronic CRM data can provide retailers with near instant feedback on how customers feel. The solution contains approximately 400 words.

Solution Preview

The example utilized is a small, family-owned electronics store. It has products such as cell phones, tablets, music devices, car alarms and stereos. The store does utilize several forms of electronic Customer Relation Management (CRM) data gathering techniques. At the point of sale, all customers are asked for an email address. This is optional, but the advantages stressed in providing an email address include not only a customer satisfaction survey, but sales and promotion alerts. In the event a customer buys a warranty for their product, an email address is required. The initial survey that ...

Purchase this Solution


Free BrainMass Quizzes
Six Sigma for Process Improvement

A high level understanding of Six Sigma and what it is all about. This just gives you a glimpse of Six Sigma which entails more in-depth knowledge of processes and techniques.

Situational Leadership

This quiz will help you better understand Situational Leadership and its theories.

IPOs

This Quiz is compiled of questions that pertain to IPOs (Initial Public Offerings)

Understanding Management

This quiz will help you understand the dimensions of employee diversity as well as how to manage a culturally diverse workforce.

Introduction to Finance

This quiz test introductory finance topics.