May 1, 2024
Updated May 8, 2025
22 minute read
Customer Relationship Management (CRM): A Comprehensive Guide
Customer Relationship Management, commonly known as CRM, refers to the strategies, practices, and technologies that companies use to manage and analyze customer interactions and data throughout the customer lifecycle. The primary goal is to improve customer service relationships, assist in customer retention, and drive sales growth. At a high level, CRM systems are designed to compile information on customers across different channels — or points of contact between the customer and the company — which could include the company's website, telephone, live chat, direct mail, marketing materials, and social media. CRM systems can also give customer-facing staff detailed information on customers' personal information, purchase history, buying preferences, and concerns.
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Find a path to becoming a CRM. Learn more at:
OpenCourser.com/topic/arkb8m/cr
Reading list
We've selected 11 books
that we think will supplement your
learning. Use these to
develop background knowledge, enrich your coursework, and gain a
deeper understanding of the topics covered in
CRM.
This well-known textbook provides a thorough and comprehensive foundation to CRM and provides practical steps on how to implement and apply CRM principles. is designed for students but will also be helpful for managers and executives.
This well-respected book gives readers a solid foundation to CRM, with a particular focus on conceptual strengths and practical applications. There is also a chapter on customer privacy and ethical issues.
Provides a deep dive into the use of data and analytics to drive CRM initiatives. The authors describe various advanced analytical techniques and provide guidance on how to implement them in real-world scenarios.
Focuses on a critical aspect of CRM – customer effort. Given that customers tend to do business with those companies that make it easy for them, the authors provide practical advice on how to increase customer loyalty by reducing customer effort.
One of the most important aspects of CRM is understanding the importance of the customer experience. goes beyond CRM and discusses the role of technology such as social media and big data.
This CRM guide provides a thorough overview of all aspects of the technology including topics such as defining business objectives, marketing automation, improving customer service, and analytics. is very accessible and easy to follow, making it ideal for those new to CRM.
CRM can only be successful if underpinned by a great strategy. Rumelt explains the key elements of good and bad strategies and provides a practical approach to developing a strategy for your CRM initiatives.
Many established corporations struggle to adopt new technologies. explains why this occurs, and provides guidance on how to successfully implement new CRM software.
Many of the principles of the Lean Startup methodology can be applied to CRM projects. will be of great interest to those involved in CRM implementation and especially those in larger corporate environments.
Is ideal for anyone who wants to improve customer service in any business environment. While this book is focused on retail, the principles discussed can be applied to other industries. The authors have unique insights given their long tenure providing consulting services to Nordstrom.
This classic marketing text is helpful for CRM professionals seeking to market CRM products and services. Moore provides a framework for understanding the challenges of selling to mainstream customers.
For more information about how these books relate to this course, visit:
OpenCourser.com/topic/arkb8m/cr
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