
What is
Customer Relationship Management (CRM)?
Customer Relationship Management (CRM) is a
customer-focused business strategy designed to optimize an
organization’s profitability, revenue and customer
satisfaction. In our case it might be called (PRM) Patron
Relationship Management, but you get the idea, it the buzz
of successful companies who realize that its easier to sell
more products and services to existing happy customers than
to win new ones over from a competitor who have no
relationship with you. In a nutshell the CRM goal is to;
easily market to and manage every customer and prospect,
process and track every sale, and build and maintain long
lasting relationships well after the initial sale has been
made. It is the cornerstone to a successful
neighborhood-marketing program.
Patron Profiles offers an easy-to-use interface with many
features. Each record contains useful fields to retain
information about each diner, in order to take customer
service to the next level and specifically target that
client in your future marketing campaigns. It seems foolish
to promote a Luxury line to an off-price retailer, or
contemporary line to a line to a bridal store.
By tracking individual customers, and their purchase
and visit history, operators can calculate the frequency,
churn (the net gain and loss of customers), and core
customer ratings that drive revenue. Here are several ways
to utilize the CRM methodology in the promotion of your
Rep Business:
·
Tell customers you "wish they were here."
by sending a promotional postcard to your patrons who hasn't
frequented the Sales Rep in the past few markets
·
Piggy back lines that are successfully be
sold to a customer
·
Offer timely delivery advise
·
Send heads up on inventory availability
reports
·
Give Fashion forecast or trend information
·
Special events - "Come celebrate St.
Patrick's Day with us!"
·
Specials for event/guest designer
appearences/trunkshows
·
Immediate Off-Price deals/specials - "We just got a
flip-flops. Come in today for a only $12.95."
·
Early or Late time shopping promotions even
if it is to relax and order over a glass of wine.
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