Research was undertaken to aim at recognizing the necessity of CRM(Customer Relationship Management), and searching the way for application differentiated in internet and off-lines in aspect of marketing, according to the changes in marketing environm...
Research was undertaken to aim at recognizing the necessity of CRM(Customer Relationship Management), and searching the way for application differentiated in internet and off-lines in aspect of marketing, according to the changes in marketing environment. The results are as follows:
First, CRM can make businesses optimize the role within customer value chain to improve the process of customer relations, locate the businesses effectively to the utmost within industry value chain, and establish the coordination of the greatest value or interdependent relationship.
Second, customers and businesses can have organic relations owing to the development of communication channels about the customer by the use of CRM; new technology can be accepted easily and promptly to offer the value to customers, and secure the competitiveness, due to the interoperability of information processing; technical issues does not limit the business growth, because of the expandability; businesses can interact with the customer variously, owing to the developed information technology.
Third, looking at the market size and the present condition of the use of CRM in the first quarter of 2000, the availability can be known from the management of many customers, as the market size formed as follows: financial sector indicated the highest rate of all, 37.3% or 28.55 billion won, followed by telecommunication 17.2% or 13.13 billion, manufacture 14.3% or 10.91 billion, trade/distribution 9.9% or 7.6 billion, internet service 6.7% or 5.111 billion.
Fourth, vendors, most of which are IT companies based on the DW, ERP, statistical processing, etc, challenging to CRM market in local CRM solution supply market are characterized by the peculiar characteristics on the basis of platform technology.
Fifth, the efficiency of management and the introduction of new claim system make the maintenance rate of customers increase, by combining DB of customers, which are dispersed because of the use of CRM structure, into one; the customer management can be differentiated by integrating the retrenchment of costs caused by the reduction of management time, the increasing opportunities of cross selling, and the emergency management system. Besides, differentiated customer management contributes to the improvement of the whole sale and the profit rate absolutely.
As has been discussed above, the strategy and the expected effect by the use of CRM can be used by the measure giving the effective information when the project of marketing strategy such as the availability of selecting the target customer in specific goods are formed, and also used by the merchandise development, using CRM as the tool for target marketing. Furthermore, CRM can give the information of customers' needs when the strategy for the development and improvement of goods is established, and it has availability in that it can be used by classifying into four ways―the strategy of facilitating customers by the detailed purpose in the customer-oriented strategy, the strategy of crossing-selling, that of customer maintenance, and the management strategy of seceding customers.