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Summer Training Project Report ON Title of Project Report Undertaken at
Summer Training Project Report ON Title of Project Report Undertaken at
ON
TITLE OF PROJECT REPORT UNDERTAKEN AT
Management”
Submitted in the partial fulfillment for the award of Degree of Bachelor in Business Administration 2018-
2021
This is to certify that the project entitled “Study on Customer Relationship Management” submitted
by Gagan Chauhan, Enroll no 00221501718. has been done under my guidance and supervision in
partial fulfillment of Bachelor of Business Administration.
The working analysis mentioned in this report has been undertaken by the candidate himself and
necessary reference has been recognized and acknowledged in the text of the report.
Mr Sunil Kumar
“Many talented people have contributed to the successful completion of this work and I would like to
extend a word of thanks and appreciation to all of them.”
First, I take this opportunity to acknowledge my institution Studies,CPJ College of Higher Studies &
School of Law
Indraprastha University where I am pursuing my degree Bachelor of Business Administration.
Second, I empress my thanks to Mr Sunil kumar Internal Project Guide, for her guidance, support
and encouragement which helped me in completing my project.
Above all, I would like to thank the Almighty God without whom this work could never have
been completed.
Gagan Chauhan
Declaration
I GAGAN CHAUHAN Enrollment no. 00221501718 from BBA – VA Semester of CHANDERPRABHU Jain
College of Higher Studies & School Of Law, NARELA New-Delhi hereby declare that the Major project (BBA
312) titled “ STUDY ON CUSTOMER RELATIONSHIP MANAGEMENT ” conducted at MARUTI
SUZUKI.
VASANT KUNJ , NEW DELHI is an original work and the same has not been submitted to any
other Institute for the award of any other degree. A presentation of the Summer Project Report was
made on and the suggestions approved by the faculty were duly incorporated.
TABLE OF CONTENTS
1. INTRODUCTION
• -RESEARCH STUDY
3. RESEARCH METHODOLOGY
• -TOOLS OF RESEARCH
• -RESOURCE OF DATA
5. CONCLUSION
6. BIBLIOGRAPHY
INTRODUCTION
ORGANIZATION OVERVIEW
• Maruti Udyog Limited (MUL) was established in Feb 1981 through an Act of Parliament, to
meet the growing demand of a personal mode of transport caused by the lack of an efficient
public transport system.
• Suzuki Motor Company was chosen from seven prospective partners worldwide. This was due
not only to their undisputed leadership in small cars but also to their commitment to actively
bring to MUL contemporary technology and Japanese management practices (which had
catapulted Japan over USA to the status of the top auto manufacturing country in the world).
• A licence and a Joint Venture agreement was signed
between Govt of India and Suzuki Motor Company (now Suzuki Motor Corporation of Japan)
in Oct 1982.
Production of large number of motor vehicles which was necessary for economic growth.
Our Vision
Technological Advantage
• We have introduced the superior 16 * 4 Hypertech engines across the entire Maruti Suzuki
range. This new technology harnesses the power of a brainy 16-bit computer to a fuel-efficient
4-valve engine to create optimum engine delivery. This means every Maruti Suzuki owner gets
the ideal combination of power and performance from his car.
• Our other innovation has been the introduction of Electronic Power Steering (EPS) in select
models. This results in better and greater maneuverability. In other words, our cars have
become even more pleasurable to drive.
Production /R & D
• Spread over a sprawling 297 acres with 3 fully-integrated production facilities, the Maruti
Udyog Plant has already rolled out over 4.3 million vehicles. In fact, on an average, two vehicles
roll out of the factory every minute. And it takes on an average, just 14 hours to make a car.
More importantly, with an incredible range of 11 models available in 50 variants, there's a
Maruti Suzuki made here to fit every car-buyer's budget. And dream.
PRODUCTION MILESTONES
MILESTONES
2005
2004
• Alto becomes
India's new
• best selling
car LPG
variant of
'Omni Cargo'
Versa 5-
seater, a new
variant
• Maruti closed the financial year 2003-04 with an annual sale of 472122 units, the highest ever
since the company began operations 20 years ago
2003
• Production of 4 millionth vehicle. Listed on BSE and NSE after a public issue oversubscribed 10
times
2002
• WagonR Pride
• Maruti Insurance. Two new subsidiaries started: Maruti Insurance Distributor Services
and Maruti Insurance Brokers Limited
• Alto Spin LXi, with electronic power steering
• •
• 2001
• Suzuki Motor Corporation (SMC) increases its stake in Maruti to 54.2 percent
• Zen LXi
• Alto Vxi
• Launch of versa
2000
• New Alto
• IDTR (Institute of Driving Training and Research) launched jointly with the Delhi government
to promote safe driving habits
1999
• Wagon R
• Launch of Maruti - Suzuki innovative traffic beat in Delhi and Chennai as social initiatives
1998
1997
production
1996
• Gypsy (E) (970cc, 4WD 8 seater)
1995
• With the launch of second plant, installed capacity reached 200,000 units
1994
1993
• Zen(993cc, hatchback Car), which was later exported in Europe and
elsewhere as the Alto
1992
1991
1988
1987
1986
1985
1984
1983
1982
• License and JV agreement signed between Maruti Udyog Ltd. and SMC of Japan
1981
• Maruti Udyog Ltd was incorporated under the provisions of the Indian Companies Act,
1956
2005
year
• Number one in JD Power CSI for the sixth time in a row - the only car to win it so many
times M800, WagonR and Swift topped their segments in the TNS Total Customer Satisfaction Study.
• Leadership in the JD Power Initial Quality Study - Alto number one in its segment for the
2nd time in a row, Esteem number
one in its segment for the 3rd year in a row, Swift number one in the premium
compact segment
• WagonR and Esteem top their segments in the JD Power APEAL study
• TNS ranks Maruti 4th in the Corporate Reputation Strength (CSR) study (#1 in Auto
sector)-Feb 05
• Maruti bagged the "Manufacturer of the year" award from Autocar-CNBC (2nd time in a
row)-Feb 05
• Business World ranks Maruti among top five most respected companies in India-Oct 04
India by
2004
• Maruti Suzuki was No. 1 in Customer atisfaction, No. 1 in Sales Satisfaction No.1 in Product Quality
(Esteem and Alto) and No. 1 in Product Appeal (Esteem and Wagon R)
• Business World ranked us among the country's five most respected companies
• Maruti 800, Maruti Zen and Maruti Esteem make it to the top 10 automotive brands in "Most
Trusted Brand survey 2003" J D Power ranked 3 models of Maruti on top: Wagonr, Zen and Esteem
• Maruti 800 and Wagonr top in NFO Total Customer Satisfaction Study 2003.
2001
• MUL tops in J D Power CSI (2001) for 2nd time in a row: another international first
2000
• Maruti bags JD Power CSI - 1st rank; unique achievement by market leader anywhere in the world
1999
• Central Board of Excise & Customs awards Maruti with "Samman Patra", for contribution to
exchequer and being an ideal tax assessee
1998
1994-95
1994
1992-93
1991-92
• Maruti Suzuki owners experience fewer problems with their vehicles than any other car
manufacturer in India (J.D. Power IQS Study 2004). The Alto was chosen No.1 in the premium compact
car segment and the Esteem in the entry level mid - size car segment across 9 parameters.
• The J.D. Power APEAL Study 2004 proclaimed the Wagon R no. 1 in the premium compact car
segment and the Esteem No.1 in the entry level mid - size car segment. This study measures owner in
terms of design, content, layout and performance of vehicles across 8 parameters.
A Buying Experience Like No Other
• Maruti Suzuki has a sales network of 307 state-of -the-art showrooms across 189 cities, with a
workforce of over 6000 trained sales personnel to guide our customers in finding the right car. Our high
sales and customer care standards led us to achieve the No.1 nameplate in the J.D. Power SSI Study 2004.
• In the J.D. Power CSI Study 2004, Maruti Suzuki scored the highest across all 7 parameters: least
problems experienced with vehicle serviced, highest service quality, best in-service experience, best
service delivery, best service advisor experience, most user-friendly service and best service initiation
experience.
• 92% of Maruti Suzuki owners feel that work gets done right the first time during service. The J.D.
Power CSI study 2004 also reveals that 97% of Maruti Suzuki owners would probably recommend the
same make of vehicle, while 90% owners would probably repurchase the same make of vehicle.
needs met under one roof. Whether it is easy finance, insurance, fleet management services, exchange-
Maruti Suzuki is set to provide a single-window solution for all your car related needs.
• The acquisition cost is unfortunately not the only cost you face when buying a car. Although a car may
be affordable to buy, it may not necessarily be affordable to maintain, as some of its regularly used spare
parts may be priced quite steeply. Not so in the case of a Maruit Suzuki. It is in the economy segment
that the affordability of spares is most competitive, and it is here where Maruti Suzuki shines.
• The highest satisfaction ratings with regard to cost of ownership among all models are all Maruti
Suzuki vehicles: Zen, Wagon R, Esteem, Maruti 800, Alto and Omni. We are proud to have the lowest
cost of operation/km (among petrol vehicles) - the top 5 models are all Maruti Suzuki models: Maruti
800, Alto, Zen, Omni and Wagon R.
MARUTI CULTURE
Our employees are our greatest strength and asset. It is this underlying philosophy that has moulded our
workforce into a team with common goals and objectives. Our Employee-Management relationship is
therefore characterized by:
Participative Management.
•
Team work & Kaizen.
•
Communication and information sharing.
•
Open office culture for easy accessibility
•
To implement this philosophy, we have taken several measures like a flat organizational structure. There
are only three levels of responsibilities ranging from the Board Of Directors, Division Heads to
Department Heads. Other visible features of this philosophy are an open office, common uniforms (at all
levels), and a common canteen for all.
RESEARCH STUDY
1.
SCOPE OF THE STUDY
2.
To study and understand various aspects of Customer relationship management at MARUTI SUZUKI.
This study extends its emphasis on studying various economic , social , geographical and political
aspects of trade relations between india and the gulf countries.
It further extends to suggest possible measures and steps to further strengthen the trade
structure between india and the gulf countries.
This study is an effort to highlight various
strategic factors which are crucial for the trade –ties between india and the gulf countries.
RESEARCH METHODOLOGY
TOOLS OF RESEARCH
1.
RESOURCE OF DATA
2.
A Research Methodology defines the purpose of the research, how it proceeds, how to measure
progress and what constitute success with respect to the objectives determined for carrying out the
research study.
Exploratory research: this kind of research has the primary objective of development of insights
into the problem. It studies the main area where the problem lies and also tries to evaluate some
appropriate courses of action.
The research methodology for the present study has
been adopted to reflect these realties and help reach the logical conclusion in an objective and scientific
manner.
NATURE OF DATA
• Secondary data: secondary data that is already available and published .it could be internal and
external source of data. Internal source: which originates from the specific field or area where research is
carried out e.g. publish broachers, official reports etc.
• External source: This originates outside the field of study like books, periodicals, journals,
newspapers and the Internet.
DATA COLLECTION
• Secondary data has been used which is collected through articles, reports, journals, magazines,
newspapers reports prepared by research scholars, universities and internet.
TOOLS AND TECHNIQES
• Analysis of data has been done with help of various statistical tools like the tables and graphs.
AT
MARUTI
• Includes the methodologies, technology and capabilities that help an enterprise manage customer
relationships. The general purpose of CRM is to enable organizations to better manage their customers
through the introduction of reliable systems, processes and procedures.
IMPLEMENTING CRM
• Customer Relationship Management is a corporate level strategy which focuses on creating and
maintaining lasting relationships with its customers. Although there are several commercial CRM
software
packages on the market which support CRM strategy, it is
not a technology itself. Rather, a holistic change in an organisation's philosophy which places emphasis
on the customer.
To be effective, the CRM process has been integrated with end-to-end across marketing, sales, and
customer service.
• To Track all aspects of selling to customers and prospects as well as customer support.
Before implementing the CRM segment the management
at MARUTI did a survey to identify what profile aspects it feels are relevant to its business, such as what
information it needs to serve its customers, the customer's past financial history, the effects of the CRM
segment and what information is not useful. Being able to eliminate unwanted information is a large
aspect of implementing CRM systems.
• Operational CRM - automation to the basic business processes (marketing, sales, service)
• Analytical CRM - support to analyze customer behavior, implements business intelligence alike
technology
• Collaborative CRM - ensures the contact with customers (phone, email, fax, web, sms, post, in
person)
OPERATIONAL CRM
Operational CRM at Maruti includes customer contact (sales, marketing and service). Tasks resulting
from these processes are forwarded to employees responsible for them, as well as the information
necessary for carrying out the tasks and interfaces to back-end applications are being provided and
activities with customers are being documented for further reference.
• Delivers personalized and efficient marketing, sales, and service through multi-channel collaboration
• Enables a 360-degree view of the customer while you are interacting with them
• Sales people and service engineers can access complete history of all customer interaction with the
company, regardless of the touch point .
The operational part of CRM typically involves three general areas of business at Maruti:
Sales force automation (SFA)
• SFA automates the critical sales and sales force management functions of Maruti, i.e., lead/account
management, contact management, quote management, forecasting, sales administration, keeping track
of customer preferences, buying habits, and demographics, as well as performance management. SFA
tools are designed to improve field sales productivity. Key infrastructure requirements of SFA are mobile
synchronization and integrated product configuration.
• CSS at Maruti automates the service requests, complaints, product returns, and information
requests. The internal help desk and inbound call-center support for customer inquiries have been
evolved into the "customer interaction center" (CIC), using multiple channels (Web, phone/fax, face-to-
face, kiosk, etc). Key infrastructure requirements of CSS include computer telephony integration (CTI)
which provides high volume processing capability, and reliability.
Enterprise marketing automation (EMA)
• EMA of the company provides information about the business environment, including competitors of
Maruti, industry trends, and macro environmental variables. It is the execution side of campaign and
lead management. The intent of EMA applications is to improve marketing campaign efficiencies.
Functions include demographic analysis, variable segmentation, and predictive modeling occur on the
analytical (Business Intelligence) side.
• Integrated CRM software is often also known as "front office solutions." Of Maruti, This is because
they deal directly with the customer of the company.
• Maruti uses CRM software to store all of their customer's details. When a customer calls at maruti,
the system is used to retrieve and store information relevant to the customer. By serving the customer
quickly and efficiently, and also keeping all information on a customer in one place, a the management at
Maruti aims to make cost savings, and also encourage new customers.
ANALYTICAL CRM
In analytical CRM, data gathered within operational CRM and/or other sources are analyzed to segment
customers or to identify potential to enhance client relationship. Customer analysis typically leads to
targeted campaigns to increase share of customer's wallet. Examples of Campaigns directed towards
customers are:
attrition.
etc.
•
•
•
•
• Contact channel optimization
Contact Optimization
•
Customer
Acquisition /
•
Reactivation /
Retention Customer
•
Segmentation
•
Customer Satisfaction
Measurement /
•
Increase Sales
Coverage
•
Optimization Fraud
Detection and analysis
Financial Forecasts
Pricing Optimization
Product Development
Program Evaluation
Data collection and analysis is viewed as a continuing and iterative process. Ideally, business decisions are
refined over time, based on feedback from earlier analysis and decisions. Therefore, a successful
analytical CRM projects take advantage of a data warehouse to provide suitable data.
COLLABORATIVE CRM
Collaborative CRM facilitates interactions with customers through all channels (personal, letter, fax,
phone, web, e-mail) and supports co-
ordination of employee teams and channels. It is a
solution that brings people, processes and data together so company can better serve and retain their
customers.
MANAGEMENT
CRM, in its broadest sense, means managing all interactions and business with customers. This includes,
but is not limited to, improving
customer service. The CRM program allows Maruti to
acquire customers, service the customer, increase the value of the customer to the company, retain good
customers, and determine which customers can be retained or given a higher level of service. A good
CRM program can improve customer service by facilitating communication in several ways :
• Provide product information, product use information, and technical assistance on web sites that
are accessible 24 hours a day, 7 days a week.
• Identify how each individual customer defines quality, and then design a service strategy for
each customer based on these individual requirements and expectations.
• Provide a fast mechanism for managing and scheduling follow-up sales calls to assess post-
purchase cognitive dissonance, repurchase probabilities, repurchase times, and repurchase frequencies.
• Provide a mechanism to track all points of contact between customer and the company, and do it
in an integrated way so that all sources and types of contact are included, and all users of the system see
the same view of the customer (reduces confusion).
• Provide a user-friendly mechanism for registering customer complaints (complaints that are not
registered with the company cannot be resolved, and are a major source of customer dissatisfaction).
• Provide a fast mechanism for handling problems and
complaints (complaints that are resolved quickly can increase customer satisfaction).
• Provide a fast mechanism for correcting service deficiencies (correct the problem before other
customers experience the same dissatisfaction).
• Use internet cookies to track customer interests and personalize product offerings accordingly.
• Provide a fast mechanism for managing and scheduling maintenance, repair, and on-going
support (improve efficiency and effectiveness).
• The CRM can be integrated into other cross-functional systems and thereby provide accounting
and production information to customers when they want it.
IMPROVING CUSTOMER
RELATIONSHIPS
CRM programs also are able to improve customer relationships. Proponents say this is
so because:
• CRM technology can track customer interests, needs, and buying habits as they progress through
their life cycles, and tailor the marketing effort accordingly. This way customers get exactly what they
want as they change.
• The technology can track customer product use as the product progresses through its life cycle, and
tailor the service strategy accordingly. These way customers get what they need as the product ages.
• In industrial markets, the technology can be used to micro-segment the buying centre and help
coordinate the conflicting and changing purchase criteria of its members.
• When any of the technology-driven improvements in customer service (mentioned above) contribute
to long-term customer satisfaction, they can ensure repeat purchases, improve customer relationships,
increase customer loyalty, decrease customer turnover, decrease marketing costs (associated with
customer acquisition and customer “training”), increase sales revenue, and thereby increase profit
margins.
• Repeat purchase, however, comes from customer satisfaction - which in turn comes from a deeper
understanding of each customer, their individual business challenges and proposing solutions for those
challenges rather than a "one size fits all" approach.
• CRM software enables sales people to achieve this one on one approach to selling and can automate
some elements of it via
tailorable marketing communications. However, all of
these elements are facilitated by or for humans to achieve - CRM is therefore a company-wide attitude as
much as a software solution.
PURPOSE OF RESEARCH STUDY
A Research Methodology defines the purpose of the research, how it proceeds, how to measure
progress and what constitute success with respect to the objectives determined for carrying out the
research study.
Exploratory research: this kind of research has the primary objective of development of
insights into the problem. It studies the main area where the problem lies and also tries to evaluate
some appropriate courses of action.
The research methodology for the present study has been adopted to reflect these realties and
help reach the logical conclusion in an objective and scientific manner.
NATURE OF DATA
• Secondary data: secondary data that is already available and published .it could be internal and
external source of data. Internal
source: which originates from the specific field or area
where research is carried out e.g. publish broachers, official reports etc.
• External source: This originates outside the field of study like books, periodicals, journals,
newspapers and the Internet.
DATA COLLECTION
Secondary data has been used which is collected through articles, reports, journals, magazines,
newspapers reports prepared by research scholars, universities and internet.
Analysis of data has been done with help of various statistical tools like the tables and graphs.
MARUTI
• Includes the methodologies, technology and capabilities that help an enterprise manage customer
relationships. The general purpose of CRM is to enable organizations to better manage their
customers through the introduction of reliable systems, processes and procedures.
IMPLEMENTING CRM
• Customer Relationship Management is a corporate
level strategy which focuses on creating and maintaining lasting relationships with its customers.
Although there are several commercial CRM software packages on the market which support CRM
strategy, it is not a technology itself. Rather, a holistic change in an organisation's philosophy which
places emphasis on the customer.
To be effective, the CRM process has been integrated with end-to-end across marketing, sales, and
customer service.
THE OBJECTIVES OF CRM AT MARUTI:-
• To Track all aspects of selling to customers and prospects as well as customer support.
Before implementing the CRM segment the management at MARUTI did a survey to identify what
profile aspects it feels are relevant to its business, such as what information it needs to serve its
customers, the customer's past financial history, the effects of the CRM segment and what information
is not useful. Being able to eliminate unwanted information is a large aspect of implementing CRM
systems.
ARCHITECTURE OF CRM AT MARUTI
• Operational CRM - automation to the basic business processes (marketing, sales, service)
• Analytical CRM - support to analyze customer behavior, implements business intelligence alike
technology
• Collaborative CRM - ensures the contact with customers (phone, email, fax, web, sms, post, in
person)
OPERATIONAL CRM
Operational CRM at Maruti includes customer contact (sales, marketing and service). Tasks resulting
from these processes are forwarded to employees responsible for them, as well as the information
necessary for carrying out the tasks and interfaces to back-end applications are being provided and
activities with customers are being documented for further reference.
Operational CRM provides the following benefits:
• Delivers personalized and efficient marketing, sales, and service through multi-channel
collaboration
• Enables a 360-degree view of the customer while you are interacting with them
• Sales people and service engineers can access complete history of all customer interaction
with the company, regardless of the touch point .
The operational part of CRM typically involves three general areas of business at Maruti:
• SFA automates the critical sales and sales force management functions of Maruti, i.e.,
lead/account management, contact management, quote management, forecasting,
sales administration, keeping track of customer preferences, buying habits, and
demographics, as well as performance management. SFA tools are designed to
improve field sales productivity. Key infrastructure requirements of SFA are mobile
synchronization and integrated product configuration.
CUSTOMER SERVICE AND SUPPORT (CSS)
• CSS at Maruti automates the service requests, complaints, product returns, and information
requests. The internal help desk and inbound call-center support for customer inquiries have
been evolved into the "customer interaction center" (CIC), using multiple channels (Web,
phone/fax, face-to-face, kiosk, etc). Key infrastructure requirements of CSS include computer
telephony integration (CTI) which provides high volume processing capability, and reliability.
• EMA of the company provides information about the business environment, including
competitors of Maruti, industry trends, and macro environmental variables. It is the execution
side of campaign and lead management. The intent of EMA applications is to improve
marketing campaign efficiencies. Functions include demographic analysis, variable
segmentation, and predictive modeling occur on the analytical (Business Intelligence) side.
• Integrated CRM software is often also known as "front office solutions." Of Maruti, This is
because they deal directly with the customer of the company.
• Maruti uses CRM software to store all of their customer's details. When a customer calls at
maruti, the system is used to
retrieve and store information relevant to the
customer. By serving the customer quickly and efficiently, and also keeping all
information on a customer in one place, a the management at Maruti aims to make
cost savings, and also encourage new customers.
ANALYTICAL CRM
In analytical CRM, data gathered within operational CRM and/or other sources are analyzed to
segment customers or to identify potential to enhance client relationship. Customer analysis typically
leads to targeted campaigns to increase share of customer's wallet. Examples of Campaigns directed
towards customers are:
• Contact Optimization
• Customer Segmentation
• Financial Forecasts
• Pricing Optimization
• Product Development
• Program Evaluation
Data collection and analysis is viewed as a continuing and iterative process. Ideally, business
decisions are refined over time, based on feedback from earlier analysis and decisions.
Therefore, a successful analytical CRM projects take advantage of a data warehouse to
provide suitable data.
COLLABORATIVE CRM
Collaborative CRM facilitates interactions with customers through all channels (personal,
letter, fax, phone, web, e-mail) and supports co-ordination of employee teams and channels. It
is a solution that brings people, processes and data together so company can better serve and
retain their customers.
CRM, in its broadest sense, means managing all interactions and business with customers.
This includes, but is not limited to, improving customer service. The CRM program allows
Maruti to acquire customers, service the customer, increase the value of the customer to the
company, retain good customers, and determine which customers can be retained or given a
higher level of service. A good CRM program can improve customer service by facilitating
communication in several ways :
• Provide product information, product use information, and technical assistance on
web sites that are accessible 24 hours a day, 7 days a week.
• Identify how each individual customer defines quality, and then design a service
strategy for each customer based on these individual requirements and expectations.
• Provide a fast mechanism for managing and scheduling follow-up sales calls to assess
post-purchase cognitive dissonance, repurchase probabilities, repurchase times, and
repurchase frequencies.
• Provide a mechanism to track all points of contact between customer and the
company, and do it in an integrated way so that all sources and types of contact are
included, and all users of the system see the same view of the customer (reduces
confusion).
• Provide a fast mechanism for handling problems and complaints (complaints that are
resolved quickly can increase customer satisfaction).
• Provide a fast mechanism for correcting service deficiencies (correct the problem
before other customers experience the same dissatisfaction).
• Use internet cookies to track customer interests and personalize
product offerings accordingly.
• Provide a fast mechanism for managing and scheduling maintenance, repair, and on-
going support (improve efficiency and effectiveness).
• The CRM can be integrated into other cross-functional systems and thereby provide
accounting and production information to customers when they want it.
• CRM technology can track customer interests, needs, and buying habits as they progress
through their life cycles, and tailor the marketing effort accordingly. This way customers
get exactly what they want as they change.
• The technology can track customer product use as the product progresses through its life
cycle, and tailor the service strategy accordingly. This way customers get what they need
as the product ages.
• In industrial markets, the technology can be used to micro-segment the buying centre and
help coordinate the conflicting and changing purchase criteria of its members.
• Repeat purchase, however, comes from customer satisfaction - which in turn comes from
a deeper understanding of each customer, their individual business challenges and
proposing solutions for those challenges rather than a "one size fits all" approach.
• CRM software enables sales people to achieve this one on one approach to selling and can
automate some elements of it via tailorable marketing communications. However, all of
these elements are facilitated by or for humans to achieve - CRM is therefore a company-
wide attitude as much as a software solution.
CRM PROCESSES AND FUNCTIONS:
• technical white paper uses Business Rules (a set of Enterprise Rules that define the
“actions” to be taken and are termed as “Customer recommended actions or CRA”).
The Decision engine takes as input the Customer Profile, Contact History and applies
the stored Business Rules thereby creating a set of one or more Recommended
Actions for the customers. The Business Rules Management component enables the
creation, deletion, analysis and storage of the Business Rules in a repository. The
Customer Profile component is generated based on the information in the Customer
Information File (CIF),
Customer Information Warehouse (segmentation,
AUTOMATION:
RECOMMENDATIONS AND
CONCLUSION
• Provide a fast mechanism for handling problems and complaints (complaints that are
resolved quickly can increase customer satisfaction).
• Provide a fast mechanism for correcting service deficiencies (correct the problem
before other customers experience the same dissatisfaction).
• Use internet cookies to track customer interests and personalize product offerings
accordingly.
• Provide a fast mechanism for managing and scheduling maintenance, repair, and on-
going support (improve efficiency and effectiveness).
BIBLIOGRAPHY
Books
• Crm- chattopadhya
Journals
Web sites
Www.marutiudyog.com
Gurgaon.nic.in/maruti.htm
Auto.indiamart.com
Economictimes.indiatimes.com
En.wikipedia.org/wiki
www.citrix.com