33 Pages Posted: 5 Feb 2003
Date Written: 17 2002 9,
Skepticism and disappointment have replaced the initial enthusiasm about CRM. The disappointing results of CRM-projects are often related to difficulties that managers encounter in embedding CRM in their strategy and organization structure. In this article we present a classification scheme on how CRM can be strategically embedded in organizations using the value disciplines of Treacy and Wiersema. We use the findings from three case studies to illustrate our classification. Based on these case studies and interviews with managers we distinguish between strategic and tactical CRM, and derive important issues that managers should consider before successfully implementing CRM.
Keywords: customer relationship management, marketing strategy, marketing performance
JEL Classification: M, M31, C44
Suggested Citation: Suggested Citation
Verhoef, Peter C. and Langerak, Fred, Further Thoughts on Crm (17 2002 9,). ERIM Report Series Reference No. ERS-2002-83-MKT. Available at SSRN: https://ssrn.com/abstract=371023
By Komal Chopra