Digital CRM

EM1F5M84

Program
PGE
PGE 3A - International and European Business (IEB)
UE
Digital strategy
Semester
B
Discipline
Marketing
Contact hours
24 H
Number of spots
45
ECTS
5
Open to visitors
Yes
Language
Coordinator
Dobromir STOYANOV


Pedagogical contribution of the course to the program

Développer un management à impact grâce aux connaissances et aux outils les plus récents dans les domaines du management

Developing a strategic and managerial vision in a complex, uncertain and changing environment
Evaluate sustainable managerial practices using managerial concepts and instruments as well as digital tools
Design solutions adapted to organizational problems by applying relevant methodologies

Développer des compétences managériales de niveau avancé se traduisant par un leadership responsable

Co-build a managerial and organizational culture through collaborations and team projects
Recommend decision making by taking a critical approach to driving change in organizations

Pratiquer un management à impact dans un environnement multiculturel et international, porté par un "European mindset"

Communicate in a professional context in (foreign) languages, in writing and/or orally
Formulate solutions to organizational challenges in a multicultural and international context, driven by a "European mindset"

Description

In today’s highly competitive business environment the art of effective interaction with the customers is crucial to the organization’s success. This is especially important in the digital era when consumers are frequently and simultaneously connected to multiple communication platforms. This course examines the digital customer relationship management (CRM) as an integrated strategic, technological and human approach that enables the company to build and maintain mutually beneficial long-term relationships with its customers. It reveals how CRM practices can be used to enhance marketing performance through the implementation of various strategies for customer acquisition, retention, and development. Some major marketing issues are discussed such as: 1) What is a relationship? What are the key factors determining a high-quality relationship 2) Why do/don’t companies want to engage in relationships with customers? 3) Why do/don’t customers want to engage in relationships with companies? 4) How to develop and implement a CRM project? 5) What is customer experience? How should we measure it? What are some experiential strategies for enhancing it? 6) What is customer value? How can we measure it? 7) How can we retain our profitable customers?

Teaching methods

Face-to-face

- Lectures

In group

- Exercises
- Oral presentations
- Projects
- Case studies/texts

Interaction

- Discussions/debates

Others

No items in this list have been checked.

Learning objectives

Cognitive domain

Upon completion of this course, students should be able to
  • - (level 4) manage the various stages of the customer lifecycle by adopting appropriate strategies for customer acquisition, retention and development
  • - (level 5) measure behavioural and attitudinal customer loyalty
  • - (level 5) measure customer experience through various tools and experiential providers
  • - (level 6) design a uniquely, seamless, networked, omnichannel, personalized, and anthropomorphized CRM strategy
  • - (level 6) incorporate the notion of emotional intelligence in the development of relationship marketing strategy
  • - (level 6) enhance their understanding on the multifaceted nature of CRM, as a combination of people, processes and technology that aims to build and maintain profitable customer relationships.

Affective domain

Upon completion of this course, students should be able to
None affective domain have been associated with this course yet

Outline

1. Introduction to customer relationship management. Understanding relationships. 2. Customer portfolio management. CRM and customer experience. 3. Creating customer value. Managing the customer lifecycle: customer acquisition, retention & development. 4. CRM and marketing automation: The case of a CRM provider 5. Final evaluation of the student’s CRM projects. Discussion & Feedback

No prerequisite has been provided

Knowledge in / Key concepts to master

Marketing basics

Teaching material

Mandatory tools for the course

- Computer
- Calculator

Documents in all formats

- Photocopies
- Newspaper articles
- Worksheets

Moodle platform


- Interface to submit coursework

Software

- Pack Office (Word, Excel, PowerPoint, Access)

Additional electronic platforms

No items in this list have been checked.

Recommended reading


1. Buttle, F. & S. Maklan (2019). Customer Relationship Management: concepts & technologies 4th ed., Routledge 2. Belli, A., O’Rourke, AM., Carrillat, F.A. et al. (2022). 40 years of loyalty programs: how effective are they? Generalizations from a meta-analysis. Journal of the Academy of Marketing Science, 50, 147–173 3. Doligalski, T. (2015). Internet-Based Customer Value Management. Developing Customer Relationships Online. Springer 4. Steinhoff et al. (2019). Online relationship marketing. Journal of the Academy of Marketing Science Vol. 47, No. 3: pp. 369-393.


1. Payne, A. & P. Frow (2013). Strategic Customer Management Integrating Relationship Marketing and CRM. Cambridge 2. Chaffey, D. & PR. Smith (2017). Digital Marketing Excellence: Planning, Optimizing and Integrating Online marketing. 5th edition

EM Research: Be sure to mobilize at least one resource

Textbooks, case studies, translated material, etc. can be entered
Stoyanov, D. K., Stoyanova, R. D., & Stoyanov, K. S. (2023). Chemistry of Marketing: Application of Chemical Thermodynamics Laws to Closed and Isolated Marketing Systems. Journal of Macromarketing, 0(0). https://doi.org/10.1177/02761467231184141

Assessment

List of assessment methods

Intermediate assessment / continuous assessment 1Other (date, pop quiz, etc.) : every session
Written and oral / Individual / English / Weight : 30 %
Details : Participation in class and homework assignments
This evaluation is used to measure ILO2.2-PGE, ILO4.1-PGE
Intermediate assessment / continuous assessment 2Class no. 5
Written / Individual / English / Weight : 30 %
Details : Mid-term test
This evaluation is used to measure ILO1.2-PGE, ILO4.1-PGE
Intermediate assessment / continuous assessment 3Last class
Written and oral / Group / English / Weight : 40 %
Details : Group work project: students have to form international teams and illustrate the implementation of a CRM project for a company of their own choice. Half of this evaluation (20%) is based on the written group work presentation prepared by the students at home (For example: MS PowerPoint, Prezi etc.). One of the team members should send the presentation to the professor by e-mail at least one day before the final session. The other half of this evaluation is based on the individual performance of each team member during project presentation in class (20%).
This evaluation is used to measure ILO1.1-PGE, ILO1.3-PGE, ILO2.1-PGE, ILO4.2-PGE
No assessment methods have been attributed to this course yet.