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Why is CRM Critical to the Success of Companies? (5 marks) Under this heading discuss the following topics: Why is Customer Relationship Management becoming increasingly
- Why is CRM Critical to the Success of Companies? (5 marks) Under this heading discuss the following topics:
- Why is Customer Relationship Management becoming increasingly important in recent years?
- How is technology playing a role in helping companies manage their customer relationships?
- Potential Drawbacks of CRM (5 marks) Under this heading discuss five reasons why implementing a customer relationship management (CRM) solution might not have the desired results - why it may not be a success or lead to the results the company expects.
- Future of CRM (5 marks) Under this heading, answer at least 3 of the questions below regarding what CRM will become in the future:
- How will customers' expectations of companies change over the next 5 to 10 years?
- How will the relationships between consumers and suppliers change in the future?
- What types of technology are emerging or will emerge to help manage customer and supplier expectations?
- What is the future of the B2B relationship between customers/suppliers?
- What tools will help marketers better serve customers and manage their CRM strategies?
- Select a company that you think really understands CRM and has an effective strategy in place. (5 marks) Discuss their approach to strategic CRM and related activities, strategies, and performance outcomes.
- 5 marks for formatting, appropriate referencing using APA citations (https://libraryguides.centennialcollege.ca/apastyleguide), completeness, spelling, grammar.
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