3.0 Discuss The Current State of CRM Practice in Emerging Markets Using The Example of Russia

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3.

0 Discuss the current state of CRM practice in emerging


markets using the example of Russia.
Increasing the number of customers represents a tremendous branding

and sales opportunity .


In Russia, there used to be an emphasis on collectivistic approaches to
business and a reliance on capital and functional aspects over human
assets.
New services are offered for customers, and there is more linkage.
Finance and telecommunication industries are the largest sectors
currently employing CRM strategies.

Question 3.0 (cont.)


CRM Association was founded in July 2004.
They conduct CRM forums, conferences, and discussions; to assist
organizations with training; to distribute publications in order to increase
awareness about CRM business practices; and to conduct research.
Goal of the CRM Association is to build CRM awareness and share the
best technologies and practices.
According to specialists, Russia currently represents large investment

opportunities for foreign CRM technology and consulting companies.

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