Chapter 5 Crm Process Cycle Knowledge Discovery

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subject Authors Greg Marshall, Mark Johnston

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APPLICATION QUESTIONS
1. Consider each of the brands below. Assuming that a strong CRM system is in place in each
brand’s parent firm, what specific actions can marketing managers take in each case to
ensure high satisfaction and loyalty among the most profitable customers?
a. Aeropostale
b. Wynn Las Vegas
c. Your own college or university
d. Subaru automobiles
e. GE home appliances
2. Consider the CRM process cycle of knowledge discovery, market planning, customer
interaction, and analysis and refinement. Pick a company of interest to you and identify
one of its important brands or product lines (it can be a good or a service). Chart what
you believe the CRM process cycle should be for that firm, paying particular attention to
identifying the relevant customer touchpoints. Be as specific as you can in describing
each of the cycle elements.
Student answers will vary based on companies/brands/product lines chosen. As an
example, consider AT&T’s cellular phone business:
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3. In the chapter you read about several Big Data sources. For each Big Data source listed
below, identify an organization that you believe uses (or could use) that data source and
then briefly describe how you believe the organization currently uses (or could use) data
from each source to answer a specific marketing question or make a marketing-related
decision (questions and decisions you identify can be different for each data source).
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Students should be able to provide a variety of organizations based on their personal
experience as consumers. Some examples follow.
a. Social media platforms
b. Customers’ Internet-connected devices
c. Mobile applications
d. Commercial entities
e. Government agencies
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4. Select an organization that employs a highly personalized approach to selling products or
services to its customers online. Ideally, this is one that you have used in the past so that
you are more familiar with it.
Most students will quickly choose Amazon, so it may be best to eliminate that choice to
get students to think of other options. Another example is the clothing company Stitch
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a. What are some different ways that the selected organization employs personalization
in its marketing efforts?
b. What are some specific actions/behaviors that customers engage in on the
organization’s website that enable personalized marketing efforts you identified
above?
c. What are some specific actions/behaviors that an organization could collect data on
that might provide evidence that the personalization efforts identified above have had
a positive effect?
d. Which type of marketing analytics approach(es) discussed in this chapter would be
best suited for establishing the value of personalization for the organization?
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5. Pick a firm that interests you and for which you have some knowledge of its offerings.
a. How would this firm benefit from a marketing dashboard approach?
Alignment of Marketing with the Firm - A marketing dashboard aligns marketing
objectives with the company’s financial objectives and corporate strategy through the
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b. What elements would you recommend it put onto its dashboard? Why do you
recommend the ones you do?
Goals and Objectives - These are the goals of the company, translated into a set of
marketing objectives. All ideas, initiatives, and metrics should be considered in light
of these.
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c. How could the firm avoid some of the pitfalls potentially associated with marketing
dashboards?
Over-reliance on “inside-out” measurement. Having too many internal measures
puts the focus on what you already know instead of on the unpredictably dynamic
MANAGEMENT DECISION CASE
Outline India: Enabling the Jump from Data to Decisions
This case helps students get to the essence of marketing analytics. By using a company in India,
where the multi-billion-dollar data infrastructure available in much of the west is absent, it may
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Questions for Consideration
1. What general and specific types of market data would you need to perform an analysis of the
Indian market? Which of these data might be less available in a developing country?
If we think of the highest generic categories of data one may use to analyze a market, there
are three categories we can use to start the discussion. For each of these, I’ll contrast
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2. If you were faced with the problem Outline India facestrying to gather not only a large
amount of data, but making sure that data is of high qualityhow might you go about
helping to ensure that the data are accurate and complete?
One way to look at this problem is to consider the resources available. Labor is one resource
India has in relative abundance when compare to the US. As such, it is more economically
3. What are some non-technological barriers Outline India may face when trying to gather data
in the field?
Language There are 22 languages listed in the Indian Constitution as being officially
recognized for conducting at least regional government business and the exams for public
service within each region. If that wasn’t complex enough, there are dozens of additional
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SUGGESTED VIDEO
Best Buy: Using Customer Centricity to Connect with Customers (7:53 minutes)
Description: Most of Best Buy's success is understanding Consumer Behavior. The company
has adopted a theory called 'customer centricity' - listening to the customer and putting them at
the forefront of the store. Best Buy has researched its consumer to understand fully what the
consumer is looking for.
1. What are the advantages and disadvantages of Best Buy’s customer centricity strategy?
Potential Advantages
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Chapter 05
CRM, Big Data, and Marketing Analytics
1 https://www.walmart.com/cp/walmart-mobile-app/1087865, accessed 1/2/18.
2 https://www.dezyre.com/article/how-big-data-analysis-helped-increase-walmarts-sales-turnover/109, accessed
1/2/18.
3 https://www.umbel.com/blog/marketing/14-brands-using-mobile-apps-instead-ads-build-loyalty/, accessed 1/2/18.
4 http://www.asics.com/us/en-us/shoes/c/shoes?gclid=CjwKCAiA-KzSBRAnEiwAkmQ1529imvl_sOij_0EA_BptB-
BHdXKGFAqabpqGwcbjlrs8oam7pweoKRoCPgMQAvD_BwE&gclsrc=aw.ds, accessed 1/2/18.
5 https://www.addthis.com/blog/2015/01/20/examples-of-personalization/#.WkvTRFUrKUk , accessed 1/2/18.
6 https://www.stitchfix.com/?ad=186546591783&gclid=CjwKCAiA-
KzSBRAnEiwAkmQ15wEb2YgWR6O4W4jLJRK65hcbw42KG76EdZAxkpi2mATDA9RpuSv3RRoCPhkQAvD_
BwE , accessed 1/2/18.
7 https://www.fastcompany.com/40447766/heres-why-stitch-fixs-ipo-is-the-tech-exit-you-should-actually-care-about
, accessed 1/2/18.
8 https://www.stitchfix.com/?ad=186546591783&gclid=CjwKCAiA-
KzSBRAnEiwAkmQ15wEb2YgWR6O4W4jLJRK65hcbw42KG76EdZAxkpi2mATDA9RpuSv3RRoCPhkQAvD_
BwE , accessed 1/2/18.
9 https://www.quora.com/How-accurate-are-Indias-official-statistics-about-population-of-India-and-
census/answer/Narayanan-Unni?srid=0Iw9

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