Meaning of CRM
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Meaning of CRM

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 Meaning of CRM

CRM is an acronym for “Customer Relationship Management,” and in Japanese it is called “Customer Relationship Management” or “Customer Information Management.”

 Meaning of CRM

Although it is often thought of as a simple customer management system, the spread of

IT

systems has made it possible to centrally manage customer information as a

marketing

method, analyze that information, and utilize it for a company’s sales strategy. Ta.

Specific example of CRM analysis

 Meaning of CRM

What kind of analysis methods are actually used in CRM?

 Meaning of CRM

There are various methods such as “decile analysis,” ”

RFM analysis

,” and “behavioral trend analysis,” but here I will explain one specific example.

  1. Create

    a marketing strategy

    with RFM analysis

RFM analysis is an analysis that divides customers into groups based on the following content.

  • Recency (latest purchase date)

Divide customers into five groups based on their most recent purchase date. Companies with the most recent purchase date will be in the top group.

  • Frequency (purchase frequency)
 Meaning of CRM

Similarly, customers are divided into five groups based on purchase frequency. Companies with high purchasing frequency form the top group.

  • Monetary (purchase amount)

Divide your customers into five groups based on their past purchases. Companies with higher purchase amounts are placed in higher ranking groups.

 Meaning of CRM

Companies that belong to each top group can be said to be good customers. In some cases, these three values ​​can be analyzed in combination, and in other cases, all three values ​​can be combined and considered as an overall rank.

 Meaning of CRM

The important thing is to clarify the purpose of customer analysis and then carry out the actual analysis work.

 Meaning of CRM

Reference article

 Meaning of CRM

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