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Managing Customer Relationships: A Strategic Framework 2nd Revised edition [Kietas viršelis]

3.63/5 (50 ratings by Goodreads)
  • Formatas: Hardback, 528 pages, aukštis x plotis x storis: 261x184x40 mm, weight: 1090 g, Illustrations
  • Išleidimo metai: 08-Feb-2011
  • Leidėjas: John Wiley & Sons Ltd
  • ISBN-10: 0470423471
  • ISBN-13: 9780470423479
Kitos knygos pagal šią temą:
  • Formatas: Hardback, 528 pages, aukštis x plotis x storis: 261x184x40 mm, weight: 1090 g, Illustrations
  • Išleidimo metai: 08-Feb-2011
  • Leidėjas: John Wiley & Sons Ltd
  • ISBN-10: 0470423471
  • ISBN-13: 9780470423479
Kitos knygos pagal šią temą:
"No company can succeed without customers. If you don't have customers, you don't have a business. You have a hobby."---From Managing Customer Relationships, Second Edition

Now fully revised and updated with new examples, case studies, and references with contributing works from industry leaders and academic experts, Managing Customer Relationships is one of the first books designed to develop an understanding of the pedagogy of managing customer relationships. With an emphasis on customer strategies and building customer value, the Second Edition focuses on marketing accountability and metrics and advanced customer valuation approaches, including Return on Customer. The new edition offers a full discussion of the influence of social networking on customer empowerment and customer relationship management (CRM).

In today's competitive marketplace, managing customer relationships (and CRM) has become critical to a company's profitability and longterm success. To become more customer - focused, skilled managers, IT professionals, and marketing executives must understand how to build profitable relationships with each customer and how to make everyday managerial decisions that increase the value of a company by increasing the value of the customer base.

With contributions from academic and industry leaders, Peppers and Rogers incorporate many of the principles of individualized customer relationships that they are best known for, equipping professionals with techniques every company can put to use in sharpening its competitive advantage.

In today's competitive marketplace, managing customer relationships or customer relationship management (CRM) is critical to a company's profitability and long-term success. Fully revised and updated, Managing Customer Relationships, Second Edition contains principles that serve business managers as a useful underpinning for understanding how to build and manage customer relationships. Written by Don Peppers and Martha Rogers, two of the foremost thought leaders in CRM, the new edition contains updated examples, case studies, and references with contributing works from various industry leaders.
Preface xi
PART I PRINCIPLES OF MANAGING CUSTOMER RELATIONSHIPS
1(70)
Chapter 1 Evolution of Relationships with Customers
3(34)
Roots of Customer Relationship Management
5(5)
Traditional Marketing Redux
10(1)
The View from Here
11(7)
Philip Kotler
What is a Relationship?
18(1)
Who is the Customer?
18(3)
Return on Customer: Measuring the Efficiency with Which Customers Create Value
21(3)
The Technology Revolution and the Customer Revolution
24(1)
Initial Assessment: Where Is a Firm on the Customer-Strategy Map?
24(2)
Royal Bank of Canada's 18 Million Loyal Customers
26(4)
CRM ROI in Financial Services
30(3)
Summary
33(1)
Food for Thought
34(1)
Glossary
34(3)
Chapter 2 The Thinking behind Customer Relationships
37(34)
Why Do Companies Work at Being "Customer-Centric"?
37(2)
What Characterizes a Relationship?
39(3)
Thinking about Relationship Theory
42(13)
Julie Edell Britton
Cultivating the Customer Connection: A Framework for Understanding Customer Relationships
55(9)
James G. Barnes
Customer Loyalty: Is It an Attitude? Or a Behavior?
64(2)
Loyalty Programs
66(2)
Summary
68(1)
Food for Thought
69(1)
Glossary
69(2)
PART II IDIC IMPLEMENTATION PROCESS: A MODEL FOR MANAGING CUSTOMER RELATIONSHIPS
71(234)
Chapter 3 Customer Relationships: Basic Building Blocks of IDIC and Trust
73(30)
Trust and Relationships Happen in Tandem
74(2)
IDIC: Four Implementation Tasks for Creating and Managing Customer Relationships
76(3)
How Does Trust Characterize a Learning Relationship?
79(1)
The Speed of Trust
80(2)
Stephen M. R. Covey
The Trust Equation: Generating Customer Trust
82(7)
Charles H. Green
Becoming the Customer's Trusted Agent
89(1)
The Age of Transparency
90(3)
Dov Seidman
Corporate Heresy
93(2)
The Man with the Folding Chair
95(2)
Relationships Require Information, but Information Comes Only with Trust
97(2)
CRM Scenario: Governments Develop Learning Relationships with "Citizen-Customers"
99(2)
Summary
101(1)
Food for Thought
101(1)
Glossary
101(2)
Chapter 4 Identifying Customers
103(18)
Individual Information Requires Customer Recognition
104(2)
Real Objective of Frequency Marketing Programs
106(3)
What Does Identify Mean?
109(4)
Customer Data Revolution
113(4)
Role of Smart Markets in Managing Relationships with Customers
117(2)
Rashi Glazer
Summary
119(1)
Food for Thought
119(1)
Glossary
120(1)
Chapter 5 Differentiating Customers: Some Customers Are Worth More than Others
121(38)
Customer Value is a Future-Oriented Variable
123(7)
Recognizing the Hidden Potential Value in Customers
130(5)
Pelin Turunc
Assessing a Customer's Potential Value
135(1)
Different Customers Have Different Values
135(1)
Pareto Principle and Power-Law Distributions
136(5)
Customer Referral Value
141(3)
Is It Fair to "Fire" Unprofitable Customers?
144(2)
Dealing with Tough Customers
146(5)
Canada Post: Using Value to Differentiate Customer Relationships
151(4)
Janet LeBlanc
Summary
155(1)
Food for Thought
156(1)
Glossary
156(3)
Chapter 6 Differentiating Customers by Their Needs
159(26)
Definitions
160(3)
Demographics Do Not Reveal Needs
163(1)
Differentiating Customers by Need: An Illustration
163(2)
Scenario: Financial Services
165(1)
Understanding Customer Behaviors and Needs
166(2)
Kerem Can Ozkisacik
Needs May Not Be Rational, but Everybody Has Them
168(1)
Why Doesn't Every Company Already Differentiate Its Customers by Needs?
169(1)
Categorizing Customers by Their Needs
169(2)
Understanding Needs
171(2)
Community Knowledge
173(3)
Healthcare Firms Care for and about Patient Needs
176(2)
Using Needs Differentiation to Build Customer Value
178(2)
Scenario: Universities Differentiate Students' Needs
180(3)
Summary
183(1)
Food for Thought
184(1)
Glossary
184(1)
Chapter 7 Interacting with Customers: Customer Collaboration Strategy
185(32)
Dialogue Requirements
186(1)
Implicit and Explicit Bargains
187(2)
Do Consumers Really Want One-to-One Marketing?
189(2)
Two-Way, Addressable Media: A Sampling
191(1)
Technology of Interaction Requires Integrating across the Entire Enterprise
192(3)
Touchpoint Mapping
195(6)
Mounir Ariss
Customer Dialogue: A Unique and Valuable Asset
201(2)
Customizing Online Communication
203(2)
Tom Spitale
Not All Interactions Qualify as "Dialogue"
205(1)
When the Best Contact Is No Contact
206(3)
Bill Price
David Jaffe
Is the Contact Center a Cost Center, a Profit Center, or an Equity-Building Center?
209(1)
Judi Hand
Cost Efficiency and Effectiveness of Customer Interaction
210(1)
Complaining Customers: Hidden Assets?
211(2)
Summary
213(1)
Food for Thought
214(1)
Glossary
214(3)
Chapter 8 Customer Insight, Dialogue, and Social Media
217(26)
The Dollars and Sense of Social Media
218(4)
Listening to Customers
222(1)
The Importance of Listening and Social Media
223(4)
Becky Carroll
Crowd Service: Customers Helping Other Customers
227(8)
Natalie L. Petouhoff
Age of Transparency
235(3)
Social Media: Power to the People!
238(3)
Yochai Benkler
Summary
241(1)
Food for Thought
241(1)
Glossary
241(2)
Chapter 9 Privacy and Customer Feedback
243(32)
Permission Marketing
248(6)
Seth Godin
Individual Privacy and Data Protection
254(3)
Larry A. Ponemon
Privacy in Europe Is a Different World
257(1)
European Organization for Economic Cooperation and Development Privacy Guidelines
258(1)
Privacy Pledges Build Enterprise Trust
259(3)
Ten Points to Consider in Developing a Company's Privacy Pledge
262(1)
Submitting Data Online
263(1)
Blown to Bits
264(4)
Hal Abelson
Ken Ledeen
Harry Lewis
Universal ID
268(1)
Privacy on the Net
268(5)
Esther Dyson
Summary
273(1)
Food for Thought
274(1)
Glossary
274(1)
Chapter 10 The Payoff of IDIC: Using Mass Customization to Build Learning Relationships
275(30)
How Can Customization Be Profitable?
276(2)
Demand Chain and Supply Chain
278(5)
Mass Customization: Some Examples
283(2)
Technology Accelerates Mass Customization
285(1)
Redefining the Business: Tesco
286(2)
Customization of Standardized Products and Services
288(3)
Value Streams
291(1)
Bentley Systems Creates Value Streams
292(3)
Who Will Write the New Business Rules for Personalization?
295(6)
Bruce Kasanoff
Culture Rules
301(2)
Summary
303(1)
Food for Thought
303(1)
Glossary
304(1)
PART III MEASURING AND MANAGING TO BUILD CUSTOMER VALUE
305(178)
Chapter 11 Optimizing around the Customer: Measuring the Success of Customer-Based Initiatives
307(42)
Customer Equity
312(3)
What is the Value Today of a Customer You Don't Yet Have?
315(2)
Customer Loyalty and Customer Equity
317(4)
Return on Customer
321(1)
Return on Customer = Total Shareholder Return
322(5)
Measuring, Analyzing, and Utilizing Return on Customer
327(4)
Onder Oguzhan
Leading Indicators of LTV Change
331(8)
Stats and the Single Customer
339(1)
Maximize Long-Term Value and Hit Short-Term Targets
340(6)
Yucel Ersoz
Summary
346(1)
Food for Thought
346(1)
Glossary
347(2)
Chapter 12 Using Customer Analytics to Build the Success of the Customer-Strategy Enterprise
349(32)
Verizon Wireless Uses Analytics to Predict and Reduce Churn
351(2)
CRM in the Cloud
353(6)
Optimizing Customer Relationships with Advanced Analytics
359(2)
Judy Bayer
Ronald S. Swift
Holistic Customer View Is Essential for Managing Customer-Centric Strategies
361(7)
Jim Goodnight
Boosting Profits by Upselling in Firebrand Real Estate Developers
368(7)
Yucel Ersoz
Looking for the Right Time to Sell a Mortgage Loan
375(3)
Yucel Ersoz
Summary
378(1)
Food for Thought
379(1)
Glossary
379(2)
Chapter 13 Organizing and Managing the Profitable Customer-Strategy Enterprise: Part 1
381(28)
Capabilities That Yield a Relationship Advantage
383(7)
George S. Day
Becoming a Customer-Strategy Organization
390(6)
Marijo Puleo
Relationship Governance
396(4)
Customer Experience Maturity Monitor: The State of Customer Experience Capabilities and Competencies
400(7)
Jeff Gilleland
Summary
407(1)
Food for Thought
407(1)
Glossary
407(2)
Chapter 14 Organizing and Managing the Profitable Customer-Strategy Enterprise: Part 2
409(42)
Pilot Projects and Incremental Change
410(2)
Picket Fence Strategy
412(1)
Segment Management
413(1)
Customer Portfolio Management
414(1)
Transition across the Enterprise
415(2)
Using Up Customers
417(3)
Customer Service Starts when the Customer Experience Fails
420(4)
Christopher J. Zane
How Do We Fix Service?
424(6)
Bill Price
David Jaffe
Improving Customer Service at an Online Financial Services Firm
430(2)
Transformation from Product Centricity to Customer Centricity
432(1)
Pelin Turunc
Transition Process for Other Key Enterprise Areas
433(6)
How
439(4)
Dov Seidman
Managing Employees in the Customer-Strategy Enterprise
443(3)
The Everyday Leader
446(1)
Marilyn Carlson Nelson
Summary
447(1)
Food for Thought
448(1)
Glossary
448(3)
Chapter 15 Where Do We Go from Here?
451(32)
Managing Customer Relationships: The Technology Adoption Life Cycle
452(8)
Geoffrey A. Moore
Looking to the Future: Business Becomes Truly Collaborative
460(4)
Paul Greenberg
Leadership Behavior of Customer Relationship Managers
464(2)
Maintain and Increase the Trust of Customers
466(14)
Summary
480(1)
Food for Thought
481(2)
Name Index 483(4)
Term Index 487
DON PEPPERS is a Founding Partner at Peppers & Rogers Group. He is a former CEO of a top-20 direct marketing agency. He is a globally respected thought leader, futurist, and consultant. He holds a degree in astronautical engineering from the U.S. Air Force Academy and a master's in public affairs from Princeton University's Woodrow Wilson School. His popular blog, "Peppers Unplugged," can be found at www.1to1media.com. MARTHA ROGERS is a Founding Partner at Peppers & Rogers Group and is in demand for speaking and thought leadership on six continents. She is also an adjunct professor at the Fuqua School of Business at Duke University. She earned her PhD at University of Tennessee as a Bickel Fellow, and has led multi-year, multimillion-dollar research programs. PEPPERS and ROGERS have published eight best-selling books and are "always working on the next one." Their first book, The One to One Future, was named "Book of the Year" by Tom Peters and "one of the two or three most important business books ever written" by George Gendren, then editor of Inc. Their second book, Enterprise One to One, was given a five-star rating by the Wall Street Journal. The books appear in nineteen languages. They have also published in Harvard Business Review and other academic publications.