Podcast
Questions and Answers
Which of the following is NOT a disadvantage of social networks?
Which of the following is NOT a disadvantage of social networks?
- Increased productivity (correct)
- Potential for addiction
- Risk of identity theft
- Loss of privacy
What is the role of social networks in CRM strategies?
What is the role of social networks in CRM strategies?
- Providing a platform for anonymous online shopping.
- Restricting access to customer data and information.
- Enabling companies to connect with customers in real time. (correct)
- Eliminating the need for personalized customer service.
Which of these CRM software solutions is specifically designed for small and medium-sized businesses?
Which of these CRM software solutions is specifically designed for small and medium-sized businesses?
- Microsoft Dynamics 365
- Salesforce CRM
- HubSpot CRM
- Zoho CRM (correct)
What is the main goal of CRM software solutions?
What is the main goal of CRM software solutions?
Which of the following is NOT a common feature of CRM software solutions?
Which of the following is NOT a common feature of CRM software solutions?
How do software solutions enhance CRM system implementation through social network integration?
How do software solutions enhance CRM system implementation through social network integration?
Which of the following is a benefit of using CRM software solutions?
Which of the following is a benefit of using CRM software solutions?
What is the main purpose of analytical modules in CRM software?
What is the main purpose of analytical modules in CRM software?
Which of the following is NOT an implication of AI on CRM systems?
Which of the following is NOT an implication of AI on CRM systems?
What is a key difference between traditional CRM and AI-powered CRM?
What is a key difference between traditional CRM and AI-powered CRM?
Which of the following is NOT a step in AI-CRM implementation?
Which of the following is NOT a step in AI-CRM implementation?
Which of the following is NOT a challenge of CRM implementation?
Which of the following is NOT a challenge of CRM implementation?
Which of the following is NOT a benefit of integrating chatbots into CRM systems?
Which of the following is NOT a benefit of integrating chatbots into CRM systems?
What is a common challenge faced by students in an educational setting?
What is a common challenge faced by students in an educational setting?
Which of the following is NOT a benefit of CRM implementation in an educational setting?
Which of the following is NOT a benefit of CRM implementation in an educational setting?
What is a key conclusion from CRM implementation in education?
What is a key conclusion from CRM implementation in education?
What is the primary goal of predictive analytics in CRM?
What is the primary goal of predictive analytics in CRM?
Which of the following is NOT a key goal of CRM implementation?
Which of the following is NOT a key goal of CRM implementation?
Which is the MOST common support channel in the telecom industry?
Which is the MOST common support channel in the telecom industry?
What is the first step in successful CRM system implementation?
What is the first step in successful CRM system implementation?
Which is NOT a potential challenge during CRM implementation?
Which is NOT a potential challenge during CRM implementation?
How does Augmented Reality (AR) enhance customer experience in CRM?
How does Augmented Reality (AR) enhance customer experience in CRM?
How does Virtual Reality (VR) contribute to sales within CRM?
How does Virtual Reality (VR) contribute to sales within CRM?
How does AR impact employee training in CRM?
How does AR impact employee training in CRM?
What is a long-term benefit of using AR and VR in CRM?
What is a long-term benefit of using AR and VR in CRM?
How do AR and VR influence customer decision-making?
How do AR and VR influence customer decision-making?
How do AR and VR improve customer support in CRM systems?
How do AR and VR improve customer support in CRM systems?
What is the primary goal of customer journey mapping?
What is the primary goal of customer journey mapping?
Which of the following is NOT a step in customer journey mapping?
Which of the following is NOT a step in customer journey mapping?
What does the concept of Customer Experience (CX) encompass?
What does the concept of Customer Experience (CX) encompass?
What is the purpose of a Persona in customer journey mapping?
What is the purpose of a Persona in customer journey mapping?
Which is NOT a stage in the customer decision-making process?
Which is NOT a stage in the customer decision-making process?
What is a key aspect of CRM as a business process?
What is a key aspect of CRM as a business process?
Which of the following is NOT a possible financial outcome of CRM implementation?
Which of the following is NOT a possible financial outcome of CRM implementation?
What is the primary purpose of AI-CRM?
What is the primary purpose of AI-CRM?
Flashcards
Social Networks
Social Networks
Online platforms connecting users with shared interests.
Advantages of Social Networks
Advantages of Social Networks
Benefits like free advertising and real-time user interaction.
Disadvantages of Social Networks
Disadvantages of Social Networks
Drawbacks such as privacy loss and misinformation spread.
Role of Social Networks in CRM
Role of Social Networks in CRM
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CRM Software Solutions
CRM Software Solutions
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Common Features of CRM
Common Features of CRM
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Salesforce CRM
Salesforce CRM
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Analytical Modules in CRM
Analytical Modules in CRM
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Implications of AI on CRM
Implications of AI on CRM
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Traditional CRM vs AI-powered CRM
Traditional CRM vs AI-powered CRM
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AI-CRM Implementation Steps
AI-CRM Implementation Steps
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Challenges of CRM Implementation
Challenges of CRM Implementation
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Benefits of Chatbots in CRM
Benefits of Chatbots in CRM
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Common Student Challenges
Common Student Challenges
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CRM Solutions for Students
CRM Solutions for Students
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Benefits of CRM in Education
Benefits of CRM in Education
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Predictive Analytics
Predictive Analytics
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CRM Goals
CRM Goals
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Support Channels
Support Channels
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CRM Implementation Steps
CRM Implementation Steps
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CRM Challenges
CRM Challenges
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Augmented Reality (AR)
Augmented Reality (AR)
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Virtual Reality (VR)
Virtual Reality (VR)
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Customer Journey Mapping
Customer Journey Mapping
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Customer Experience (CX)
Customer Experience (CX)
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Customer Persona
Customer Persona
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Customer Decision-Making Process
Customer Decision-Making Process
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AI-CRM
AI-CRM
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Data Collection in CRM
Data Collection in CRM
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Key CRM Processes
Key CRM Processes
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Financial Outcomes of CRM
Financial Outcomes of CRM
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Study Notes
Social Networks and Software Solutions for CRM System Implementation
- Social networks are online platforms enabling connections based on shared interests.
- Advantages include reconnecting, promoting profiles, free advertising, expanded reach, and real-time interaction.
- Disadvantages include privacy loss, identity theft risk, potential addiction, and misinformation spread.
- Social networks in CRM enable real-time, two-way communication with customers.
- Benefits include collecting feedback, personalizing service, building loyalty, increasing satisfaction, and faster responses to inquiries.
- CRM software solutions collect, analyze, and utilize customer data, improving service personalization and marketing optimization.
- Examples of CRM software include Salesforce CRM, HubSpot CRM, Microsoft Dynamics 365, and Zoho CRM.
- Common features include contact management, workflow automation, data analysis, service personalization, and social network integration.
Support Channels of Telecom Operators and Successful CRM Implementation
- CRM software provides tools like analytical modules, predictive analytics, and personalized operations to enhance customer relationships and business processes.
- Key goals of CRM implementation include attracting new customers, reducing costs, improving support and productivity, expanding markets, analyzing competitors, and ensuring consistent information flow.
- Support channels in telecom include physical points, call centers, and digital channels. SMS and notifications are also common.
- Successful CRM implementation involves clearly defining the vision, optimizing business processes, selecting appropriate technology, integrating systems, training employees, piloting systems, and continuous monitoring and adaptation.
- Challenges include employee resistance, system integration, high implementation costs, inadequate adaptation to processes, data quality issues, training difficulties, and maintenance/compliance.
Augmented Reality (AR), Virtual Reality (VR), and CRM
- AR and VR enhance CRM by providing interactive and personalized customer experiences.
- AR enables visualizing products in real-world settings, reducing uncertainty.
- VR creates immersive experiences, making them emotionally engaging.
- AR and VR improve sales by creating virtual stores, enabling immersive product demonstrations, and raising customer confidence.
- VR and AR improve employee training through virtual simulations and real-time visual instructions.
- Long-term benefits include increased customer loyalty, reduced costs, and competitive advantages.
- AR/VR affect customer decision-making by providing realistic product visualizations and interactive experiences, accelerating decision-making.
- AR/VR enhance customer support via visual troubleshooting guides and immersive customer education.
Customer Journey Mapping
- Customer journey mapping visualizes customer interactions with a company from the customer's perspective and enhances experiences.
- Steps include gathering customer information, developing hypotheses, researching processes/needs/perceptions, analyzing findings, and mapping the journey.
- Customer Experience (CX) encompasses physical and emotional interactions with products, systems, and brand services.
- Persona stands for fictional representations of target customer groups, helping companies better understand different customer types.
- Customer decision-making includes recognizing needs, searching for information, evaluating alternatives, making purchases, and post-purchase evaluations.
CRM as a Business Process – Data Collection and Management
- CRM as a business process involves data collection, customer segmentation, communication, process automation, service personalization, and performance tracking.
- Possible financial outcomes include increased profits, return on investment, and lost revenue.
- Key CRM implementation processes involve strategy development, value creation, multi-channel integration, information management, and performance evaluation.
- Important customer data includes descriptive, identity, progressive profiling, qualitative, and quantitative data.
Using AI Tools to Enhance CRM
- AI-CRM utilizes AI technologies (machine learning, NLP) to enhance customer engagement processes.
- AI's implications in CRM include data analysis, improved service, better decision-making, enhanced customer experience, and customer segmentation.
- AI-CRM differs from traditional CRM in its content-driven nature (AI-CRM) versus the data-driven focus of traditional CRM.
- AI-CRM implementation involves managing big data, researching AI/ML techniques, and transforming business processes with AI.
- Challenges in CRM implementation include high costs, data privacy issues, technical complexities, skills gaps, rapid technological changes, and resistance to change.
- Integrating chatbots into CRM systems offers scalability, 24/7 availability, cost-effectiveness, and personalization.
CRM in Education as a Tool for Sustainable Student Enrollment
- Common student challenges include inconsistent results, a lack of information about courses/exams, delays in processing documents.
- CRM solutions offer ticket systems, integrated phone lines/chat/support/portals.
- Benefits include cost efficiency, faster problem resolution, higher student satisfaction, and improved employee productivity.
- Successful CRM implementation in education requires top management involvement, clear communication, understanding end-user needs, aligning with business needs, and choosing user-friendly software.
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