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The Art of CRM

You're reading from   The Art of CRM Proven strategies for modern customer relationship management

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Product type Paperback
Published in May 2019
Publisher
ISBN-13 9781789538922
Length 360 pages
Edition 1st Edition
Concepts
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Author (1):
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Max Fatouretchi Max Fatouretchi
Author Profile Icon Max Fatouretchi
Max Fatouretchi
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Toc

Table of Contents (13) Chapters Close

Preface Introduction FREE CHAPTER 1. What is CRM? 2. Getting to Know Your Customer 3. Conceptualizing the CRM Design from Business Requirements 4. Architecting Your CRM Solution – Preparing for Today and Tomorrow 5. Utilizing Artificial Intelligence and Machine Learning in Your CRM STRATEGY 6. GDPR and Regulatory Compliance 7. CRM Integration Strategies 8. Cloud Versus On-premise Versus Hybrid – The Deployment of a CRM Platform 9. CRM Differentiators Other Books You May Enjoy Index

TCO/ROI

I always like to reiterate how important TCO/ROI is and remind stakeholders about that. I talked a lot about TCO/ROI and the cost-value matrix in Chapter 3, Conceptualizing the CRM Design from Business Requirements.

In this chapter, we're going to focus on designing a solution for the future. To do this, you will need to have some basic measurement metrics that have been agreed on by your business leaders in order to improve processes and outcomes. This is a key success factor for the design and the justification of the investment. All stakeholders need to be on board with the CRM metrics before starting with the design.

The metrics are driven by requirements analyses and are instrumental not only for a TCO/ROI measurement but for the design of the solution, and more importantly, for user acceptance by business departments.

Typically, CRM metrics define the sales, marketing, and customer service process improvements at the very highest levels of a company. You'll define...

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