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IT and CRM

A basic CRM model

Data source &

gathering system

Database system

Data warehouse

Information delivery system

Information users

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 Markets have always recognized the

importance of gathering detailed data for the purpose of producing information that enable them to develop marketing strategies.

 Both hardware and software technology enable the retention of massive files of in- depth data for long periods of time in a data warehouse.

IT and CRM

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A Basic CRM Model

Data sources and gathering

system

Database system

Date warehouse

system

Information deliver system

Information users

 Data sources provide data that describes relationships with customers.

 Data gathering system converts this incoming data to a database.

 The data warehouse system prepares the data for storage, stores the data, describes the data so that it might later be retrieved, and performs a management and control function.

 An information delivery system makes the contents of the data

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A Basic CRM Model

Data sources and gathering

system

Database system

Date warehouse

system

Information deliver system

Information users

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1. Data sources and gathering system

Data consists of facts and figures that are difficult to uses because of their volume.

Information consists of meaningful compilations and summaries of data that tell the user something he or she needs to know.

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1. Data sources and gathering system

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1. Data sources and gathering system

 Company collect data from contact points which provides the opportunity to learn more about the customer’s behavior, background, and needs.

 Contact points, or touch point is any transaction or

customer interaction with the organization. A purchase transaction, telephone call, sending email, are all

contact points.

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1. Data sources and gathering system

 For example, a warranty card can ask for demographic information.

 Point of sale input (POS) or electronic data interchange (EDI) can scan product data from the bar codes and

customer data from credit cards.

 Internet input, a web-based system allow customer to

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1. Data sources and gathering system

Research confirms that 70%

of consumer decisions are made at Point of Sale, so it’s critical to keep your product and brand in full view of the consumer.

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A Basic CRM Model

Data sources and gathering

system

Database system

Date warehouse

system

Information deliver system

Information users

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2. Database system

 Database is an accumulation of computer-based data that is arranged in a format to facilitate

retrieval.

 It is a corporate resource, and a firm can have more that one.

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2. Database system

For example,

the marketing department or financial department

can have its own customer and salesperson

databases.

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2. Database system

Database structure : Relational structure

 The beauty if this structure is that it makes use of data elements already in the data tables to

integrate the contents of multiple tables.

 It is the current standard for the storage of business data, but they were not specifically

designed to handle data views that involve large number of dimensions.

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2. Database system

Database structure : Relational structure

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2. Database system

Database structure: Multidimensional structure

 To overcome the relational structure limitation, software vendors have developed database

management systems for multidimensional databases.

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2. Database system

Database structure: Multidimensional structure

The term hypercube has been coined to describe data arrayed by three or more dimensions.

The 3D analysis of customer, product and time. The star identifies the location in the cube where a quantitative

measure (such as sales amount)

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A Basic CRM Model

Data sources and gathering

system

Database system

Date warehouse

system

Information deliver system

Information users

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3. Data warehouse system

A data warehouse is a large reservoir of detailed and summary data that describes the firm and its

activities, organized by the various business units in way to facilitate easy retrieval of information that describes the firm’s activities.

The data warehouse is the central element in the CRM system.

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A Basic CRM Model

Data sources and gathering

system

Database system

Date warehouse

system

Information deliver system

Information users

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4. Information delivery system

Generally, data mining is the process of analyzing data from different perspectives and summarizing it into useful information.

A natural source resides in the ground, if the resource is to be used, it must be

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4. Information delivery system

Data mining 4 main functions - Classification

- Clusters

- Associations

- Sequences or patterns

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4. Information delivery system

Data mining functions

1. Classification : determining classifications for the data

 Business often classify their customers based on the customers’ behavior so that special products and services can be offered to the more valuable classes- the best customers.

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4. Information delivery system

Data mining functions

1. Classification : determining classifications for the data

 We can use RFM = Recency, Frequency, Monetary

 RFM enables customers to be arrayed in terms of recent purchases, frequency purchases, and

average purchase amount.

 The data warehouse is queried to obtain the data on each customer, and then a quantitative analysis is conducted to arrive at the classifications.

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4. Information delivery system

Data mining functions

1. Classification : determining classifications for the data

 The goal of classification is to accurately predict the target class for each case in the data.

 For example, a classification model could be used to identify loan applicants as low, medium, or high

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4. Information delivery system

Customers

Watching move time/month Gary = 10 days

Peter = 7 days Kel = 2 days Mimi = 5 days Ano = 4 days Criteria

Watching move time/month Heavy users = 10-12 days Medium users = 6-9 days Light users = 1-5 days

Heavy Medium Light 1

3 3

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4. Information delivery system

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4. Information delivery system

Data mining functions

2. Clusters: Data items are grouped.

 Marketers like to be able to identify clusters of customer with similar characteristics.

 For example-demographics, geographic, activity, psychographic, and behavioral.

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4. Information delivery system

People love People always go watch movie People love

fishing

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4. Information delivery system

Data mining functions

3. Associations: Data is mined to anticipate behavior patterns and trends.

 Company wants to know whether such association exist, and their strength, so that they can make

decision based on the related products.

 For example, when deciding on store layout, a food retailer can locate items in the same area if the

items are frequently bought together.

 Beer and diaper case.

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4. Information delivery system

Data mining functions

4. Sequences or patterns : Data is mined to anticipate behavior patterns and trends.

 Companies are also interested in any patterns or sequences in a customer’s purchase behavior.

Perhaps certain behaviors occur in a certain sequence.

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4. Information delivery system

Look at the time customer made a purchase

Buying order

(sequence)

What is the most

frequent pattern?

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4. Information delivery system

Data mining functions

4. Sequences or patterns : Data is mined to anticipate behavior patterns and trends.

 Not only discovers a sequential pattern but it also identifies other behaviors with similar pattern.

 A customer cluster may make purchases in a certain sequence and similar time sequence

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4. Information delivery system

Data analysis

 In order for the CRM system to discover patterns in the warehouse data largely independent of user

direction, the system must exhibit some type of intelligence.

 Several methodologies have been employed.

Among the more popular are decision trees,

genetic algorithms, memory based reasoning, and neural network.

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4. Information delivery system

Information delivery software (to do an analysis we need a software)

OLAP is geared to the needs of the data warehouse user, enabling the interactive user to perform

multidimensional analyses and obtain quick responses.

OLAP also supports drill down, roll up, drill across, and drill through.

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4. Information delivery system

OLAP also supports drill down, roll up, drill across.

Summary info.

(Net sales for Phuket sales region) Hierarchy 1

(Customer) Hierarchy 2

(Salesperson) Hierarchy 3 (Product) Detailed info.

(Net sales for Customer No.21198) Detailed data.

(Sales items for Customer No.21198) Roll up

Drill across Drill down

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A Basic CRM Model

Data sources and gathering

system

Database system

Date warehouse

system

Information deliver system

Information users

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5. Information users

The information will be used by problem solvers and decision makers throughout the firm. Within each businesses areas, user can be

- novices - analysts

- power users

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5. Information users

Novice is someone with no special computer training, who typically wishes to obtain information without the need for a great deal of analysis. (Executives)

Analyst is someone who is skilled in the use of

analysis and statistical tools and transform data into a form that is usable by someone else. (Manager’s staff)

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5. Information users

Power user is someone who can sophisticatedly perform the work of analyst plus perform more advanced operations. Information professional.

(Marketing researcher, industrial engineers)

References

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