BMBAMK05

Customer Relationship Management Analytics

L-T-P3-0-0 Session2025-26 TypeTheory
Appears in 1 semester

MBA Business Analytics · Sem 4 (Specialization: Marketing (MK))

Syllabus

5 units · 40 lecture hours
Unit1

Unit 1: Fundamentals of CRM and Customer-Centric Strategy

8 hrs

CRM overview and definitions, Evolution of CRM from sales to analytics, Strategic importance of CRM in business, Types of CRM – Operational, Analytical, Collaborative, CRM lifecycle stages, CRM success factors and challenges, Role of data in CRM, Customer touchpoints and omnichannel experience

Unit2

Unit 2: Customer Data Management and Segmentation

8 hrs

Types of customer data – demographic, transactional, behavioral, Data collection techniques and customer data platforms (CDPs), Customer database design and data quality management, Customer segmentation techniques – RFM, cluster analysis, behavioral segmentation, Data visualization in CRM using dashboards, Predictive analytics for customer behavior, Customer personas and journey mapping

Unit3

Unit 3: CRM Analytics and Metrics

8 hrs

Key CRM metrics – CLV, CAC, churn rate, retention rate, Customer satisfaction and Net Promoter Score (NPS), Models for customer acquisition and retention, Uplift modeling and cross-sell/up-sell strategies, Lead scoring and pipeline analytics, Campaign effectiveness analytics, Customer lifetime value models, Role of machine learning in CRM analytics

Unit4

Unit 4: Tools, Technology and CRM Platforms

8 hrs

Overview of CRM software – Salesforce, Zoho, HubSpot, Microsoft Dynamics, CRM implementation process and challenges, CRM and cloud-based architecture, CRM integration with ERP, Social CRM and mobile CRM, Real-time CRM analytics and automation, AI applications in CRM – chatbots, recommender systems, CRM dashboards and KPI monitoring

Unit5

Unit 5: Advanced Applications and CRM Strategy Design

8 hrs

Churn analysis and customer win-back strategies, Personalization using CRM insights, Email and loyalty program analytics, Voice of customer analytics, Case study: CRM success in banking/retail/e-commerce, Ethics and data privacy in CRM analytics, ROI measurement of CRM initiatives, Building CRM roadmap for digital transformation

Course Objectives5 points
  • Provide a comprehensive understanding of CRM concepts and their strategic importance in customer-centric organizations.
  • Enable students to explore analytical techniques for customer acquisition, retention, segmentation, and loyalty.
  • Equip learners with skills to use data-driven insights for CRM decisions and personalized marketing strategies.
  • Familiarize students with CRM tools and technologies including Salesforce, HubSpot, and customer analytics platforms.
  • Develop the ability to apply CRM analytics for lifecycle management, churn prediction, and revenue growth.
Course Outcomes (COs)5 outcomes

After completion of the course student will be able to:

  1. CO1Understand the fundamentals of CRM, its types, lifecycle, and strategic importance in customer-centric business models.K1, K2
  2. CO2Analyse customer data, segmentation methods, and customer journey mapping using CRM tools and techniques.K3, K4
  3. CO3Apply CRM analytics and metrics to measure customer value, retention, satisfaction, and campaign effectiveness.K3, K4
  4. CO4Evaluate CRM technologies, platforms, and AI-based tools for implementation, integration, and automation.K4, K5
  5. CO5Design data-driven CRM strategies using advanced applications and assess their impact on business performance and transformation.K5, K6

Textbooks

  1. Customer Relationship Management: Concepts and Technologies by Francis Buttle & Stan Maklan, Publisher: Routledge, 4th Edition
  2. CRM at the Speed of Light by Paul Greenberg, Publisher: McGraw-Hill
  3. Customer Analytics for Dummies by Jeff Sauro, Publisher: Wiley Supplementary Resources:
  4. Salesforce Trailhead (Free CRM learning modules)
  5. Hub Spot Academy – CRM Certification
  6. Harvard Business Review articles on Customer Experience & Retention
  7. Real-time dashboards using Power BI or Tableau for CRM

Official AKTU syllabus

This subject is on page 24, 25 of the original AKTU PDF.

Official AKTU syllabus PDF ↗