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CRM UNIT 1_1 - KV Institute of Management and Information
CRM UNIT 1_1 - KV Institute of Management and Information

... “Customer Relationship Management is a comprehensive strategy and process of acquiring, retaining and partnering with selective customers to create superior value for the company and the customer.” “Customer relationship management is about attracting, developing, maintaining and retaining profitabl ...
The Power of People: Exploring `Why` CRM Software in Real Estate
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... available  will  generate  a graphical  report on  demand providing  a  visual  guide  to  exactly  which types  of  homes are  still  available  in  any  given  project.  Managers  can  release  inventory  on  a  scheduled  basis  or  update  price  changes  in  real  time  keeping  everyone  infor ...
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... a specified period) in that CP measures the past and CLV looks forward. As such, CLV can be more useful in shaping managers’ decisions but is much more difficult to quantify. While quantifying CP is a matter of carefully reporting and summarizing the results of past activity, quantifying CLV involve ...
Chapter 10 Customer Management - Springer Static Content Server
Chapter 10 Customer Management - Springer Static Content Server

... CRM is focused on facilitating the customer service process. Being more responsive to the customer requires that sales and service be able to make effective customer management decisions and design superior responsiveness based on their capability to identify what brings value to the customer CRM is ...
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... and management of all activities involved in sourcing and procurement, conversion, and all Logistics Management activities. Importantly, it also includes coordination and collaboration with channel partners, which can be suppliers, intermediaries, third-party service providers, and customers. In ess ...
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... Special sales and service training is another element that must be integrated into an overall system for building customer loyalty. Training must emphasize the cross sell, or suggestive sell, in which complementary products or services are added to the basic purchase. While much of traditional custo ...
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... customers and selling to existing customers becomes apparent. In general, existing customers are far more profitable than new customers because they have already “agreed” to purchase from the firm. The barriers of resistance to becoming a customer have been overcome. While acquiring new customers is ...
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1. Understanding Marketing Management
1. Understanding Marketing Management

... president of marketing): the purpose of marketing is to sell more stuff to more people more often for more money to make more profit. Focus: undertake an aggressive selling and promotion effort. Practiced most aggressively with unsought goods (e.g., insurance, encyclopedias, and funeral plots). ...
The Marketing Concept
The Marketing Concept

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... several companies’ dealers and representatives are using the internet to market their products, and are building their business networks by using proven lead generation systems in collaboration with specialized lead generation companies. Network marketing or direct selling overall may also be referr ...
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... customers and organization. The three main elements of the value creation process are (1) determining the value the organization can provide to its customers, (2) determining the value that an organization can receive from its customers, and (3) managing the value exchange which involves a process o ...
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... hundreds of SEOs, content marketers, senior executives and industry experts all under one roof. The roster of content and case studies was unparalleled and everyone walked away with valuable insights and new relationships. Now in its fourth year, the Conductor Collaboration Conference 2014 will brin ...
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Revenue management

Revenue Management is the application of disciplined analytics that predict consumer behavior at the micro-market level and optimize product availability and price to maximize revenue growth. The primary aim of Revenue Management is selling the right product to the right customer at the right time for the right price and with the right pack. The essence of this discipline is in understanding customers' perception of product value and accurately aligning product prices, placement and availability with each customer segment.
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