This paper studied on the customer relationship management(CRM) focused on personalization systems through literature review and some case studies in the Korean firms.
The critical findings are as follows.
1.The core CRM process competencies are cro...
This paper studied on the customer relationship management(CRM) focused on personalization systems through literature review and some case studies in the Korean firms.
The critical findings are as follows.
1.The core CRM process competencies are cross-selling and up-selling, direct marketing and fulfillment, customer service and support, store front and field service, and retention management.
2.Personalization can be a powerful tool for customer acquisition and support. On the other hand, the widespread adoption of personalization may create loyal customers who are not subject to the temptations of other suppliers.
3.It is desirable that business managers adopt the integrated CRM architectures including eCRM and mCRM in order to increase efficiency and effectiveness of management.
4.Personalization design in the integrated CRM rely on customization of personal needs and wants. Therefore, it is necessary to build up the foundation of Internet and mobile communication infrastructures and to have employees learn about knowledge and skills of IT before formulating of its system.
5.A designer of personalization systems pay regard to formulate customer-centric organization and strategic personalization solutions because it focus on establishing of enterprise-level objectives rather than its partial functions. Otherwise, the systems call for comprehensive linkage including ERP, PRM, IMC, UMS, and so on which are other innovation tools of business process.
6.Personalization in the integrated CRM system focus on life time values of customers in order to retain with customer relationship. Accordingly, planning of it regard to collaborative filtering system, which is a leading approach when the product space is complicated and consumer's preferences are highly subjective, qualitative, and complex.
7.Personal customization can be certainly realized through cyber coordination in the collaborative filtering system.