4.10 customer management(2)

profileduty13
mark3014W19-SVSeminarSlides11.pptx

MARK3014 Customer Management

Week 19

CRM to Social CRM (Part 2)

Presented by Shelton Giwa

Have You Registered Your Attendance?

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This is an opportunity for DMU students to nominate academic or learning support staff for a new Students' Choice Teaching Award (SCTA).

Students are invited to nominate a member or members of academic or learning support staff

for one of these awards.

Nominations can be made via online at

  dmu.ac.uk/scta2024 

by Friday 24th February.

Agenda

5 – 9 February

Let’s Recap

How CRM is evolving with digital developments (including Social Media)

Considerations & challenges for companies/organisations

CRM to Social CRM (SCRM)

Application of SCRM

As part of Customer Management

In particular, as part of multi -channel journey’s

And how to actively listen to make continuous product & service improvements

Last week …

This week…

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When was the last time you made a purchase decision ONLY using a social media channel?

Building customer dialogue and brand loyalty mostly comprises multiple touch points – customers expect to ‘switch channels’ with ease

Web pages are increasingly the ‘digital shop window’

For social media, ‘’it's all about influence, social ads and a multi-channel path to purchase’’ (emarketer, 2018)

40% of ecommerce purchases are started on another device (Criteo 2015)

Increasing number of high street purchases begin in a digital environment

Multi channel perspective: Social media as part of the overall experience

‘Critical Moments of Truth’

across multiple touch points

Quality is perceived on multiple dimensions across the total customer experience

Increasing expectation to

‘make customers lives easier’

Moments of truth - when something goes wrong, recover quickly and efficiently

Generating trust and loyalty to both retain and recommend (NPS)

Social media is rarely used by customers in isolation

Why think about ‘multi channel’

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What does this mean for organisations ?

Kaufman & Horton (2015)

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Digital marketing

According to the Digital Marketing Institute, (cited in core text) digital marketing is:

“The use of digital channels to promote or market products and services to consumers and businesses”

Dibb et al (2016) define digital marketing as:

The use of technology-led channels of communication and selling to manage customer interaction and provide customer experience in a digitally-connected environment.

“Management and execution of marketing using digital electronic technologies and channels (e.g. web, email, digital television, wireless media) and digital data about user/customer characteristics and behaviour”

(Baines et al., 2017:313)

Don Peppers on transparency & trust

Key messages …

Social Media brings transparency

Transparency brings consumer power

There is no hiding place for your products and services – they need to perform for customers

Are you competent ?

What are your intentions – will you do the right thing ; deliver what I need in the right way ?

Do you have trustability ?

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Advantages of digital marketing

Provides additional options for marketing communications

Web searches and internet viewing have become routine behaviour.

Gives marketers more direct and diverse channel possibilities

Established companies are developing multi-channel strategies

Many new entrants choose on-line trading only

Enables marketers to capture greater insights into consumers

Immediacy

Two-way interaction

Extensive profiling of customer histories and behaviours

Explodes the ways in which marketers build relationships

Far more direct and frequent interactions

Bespoke tailoring of information, deals and propositions

Provides access to customers 24/7 as never before - wherever they are, and whenever they want to connect.

For each persona define preferences:

Platforms (web, email, mobile)

Platform usage (hours)

Content consumption:

General site types &

category-specific

Social media - content

creation & participation

Search behaviour

Trusted brands

Business application example : customer understanding is vital to an SCRM approach

Smartinsights.com (2018)

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Which digital channels does your chosen company for CW1 use?

Activity 1- 5 minutes

Can you take

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Thank You

Any Questions?

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