ELECTIVE COURSE - IV
(B) CUSTOMER RELATIONSHIP MANAGEMENT
Objective : To facilitates the students to understand the process of
CRM, implementation of CRM strategies and customisation
of services
UNIT I
Introduction and Significance - CRM Emerging Concepts; Need for
CRM; CRM Applications; CRM Decisions; The Myth of Customer
Satisfaction; CRM Model; Understanding Principles of Customer
Relationship; Relationship Building Strategies; Building Customer
Relationship Management by Customer Retention; Stages of
Retention; Sequences in Retention Process; Understanding Strategies
to Prevent Defection and Recover Customers.
UNIT II
CRM Process: Introduction and Objectives - an Insight into CRM and
e-CRM/ online CRM; The CRM cycle - Assessment Phase; Planning
Phase; The Executive Phase; Modules in CRM, 4C's of CRM Process;
CRM Process for Marketing Organization; CRM Affiliation in Retailing
Sector; Key e-CRM features.
UNIT III
CRM Architecture: IT Tools in CRM; Data Warehousing - Integrating
Data from different phases with Data Warehousing Technology; Data
Mining: - Learning from Information Using Date Mining Technology
like OLAP etc.; Understanding of Data Mining Process; Use of
Modelling Tools; Benefits of CRM Architecture in Sales & Productivity;
Relationship Marketing and Customer Care, CRM Over Internet.
UNIT IV
CRM Implementation: Choosing the right CRM Solution; Framework
for Implementing CRM: a Step-by-Step Process: Five Phases of CRM
Projects
UNIT V
Development of Customizations; Beta Test and Data Import; Train and
Retain; Roll out and System Hand-off; Support, System Optimization
and Follow-up; Client/Server CRM Model; Use of CRM in Call Centers
using Computer Telephony Integration (CTI); CTI Functionality;
Integration of CRM with ERP System. Case Studies
Reference Books:
1. Mohammed, H. Peeru and a Sagadevan (2004). Customer Relationship
Management. Vikas Publishing House, Delhi.
2. Paul Greenberge (2005). CRM-Essential Customer Strategies for the
21st Century. Tata McGraw Hill.
3. William, G. Zikmund, Raymund McLeod Jr.; Faye W. Gilbert (2003).
Customer Relationships Management. Wiley.
4. Alex Berson, Stephen Smith, Kurt Thearling (2004). Building Data
Mining Applications for CRM. Tata McGraw Hill
27