Customer Experience Management
Building a Loyal Clientele
Relationship building is the central theme of CRM. It lays the foundation for building a loyal clientele. Retaining an existing customer always works out cheaper than adding new customers to the existing customer base. Customer loyalty is nurtured over a period of time by making intelligent and sensitive use of data generated from your CRM systems.
What is Customer Experience Management?
Customer experience management or CEM is the next evolutionary step for CRM. With CEM, the focus is on customer experience rather than on operational practices. A “customer centric” attitude is central to making use of the data generated. A CEM strategy aims to involve the top-level management at every level so that the practices implemented are not purely market- or operations driven. Every interaction with the customer is viewed as an opportunity to learn more about his preferences, his lifestyle, and what drives his purchase decisions.
