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Journal of Marketing Insights in the Classroom

A Strategic Framework for CRM

A.F.T Payne and P.E. Frow

Journal of Marketing Insights in the Classroom

JM Insights in the Classroom

Full Citation: ​
Payne, A.F.T. and Frow, P.E. (2005), “A Strategic Framework for CRM”, Journal of Marketing, 69 (4), 167-176.

Abstract Article
In this article, the authors develop a conceptual framework for customer relationship management (CRM) that helps broaden the understanding of CRM and its role in enhancing customer value and, as a result, shareholder value. The authors explore definitional aspects of CRM, and they identify three alternative perspectives of CRM. The authors emphasize the need for a cross-functional, process-oriented approach that positions CRM at a strategic level. They identify five key cross-functional CRM processes: a strategy development process, a value creation process, a multichannel integration process, an information management process, and a performance assessment process. They develop a new conceptual framework based on these processes and explore the role and function of each element in the framework. The synthesis of the diverse concepts within the literature on CRM and relationship marketing into a single, process-based framework should provide deeper insight into achieving success with CRM strategy and implementation.  ​


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Topic Areas: ​
Customer Relationship Management, Equity and Lifetime Value; Marketing Metrics; Marketing Organization; Marketing Strategy; Multi/Omnichannel Marketing​

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Related Marketing Courses
Principles of Marketing, Core Marketing, Introduction to Marketing ManagementMarketing Strategy;

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