*MBA, Ph.D, FDP, IIM, Indore
**(Former Joint Director-ICWAI), Professor & Director, Vidyasagar Institute of Management (VIM), Near Awadhpuri, BHEL, Bhopal (M.P) - 462 022. (India)
***Assistant Professor, Department of Computer Application & IT, Vidyasagar Institute of Management (VIM), Near Awadhpuri, BHEL, Bhopal (M.P) - 462 022. (India)
****Assistant Professor, Vidyasagar Institute of Management (VIM), Near Awadhpuri, BHEL, Bhopal (M.P) - 462 022. (India)
Online published on 30 September, 2013.
Understanding customer behavior is important to adjusting business strategies, increasing revenues, identifying new opportunities and expanding business activities. The vital importance of such knowledge of these objectives is not new; in fact it's always been a fixture of business success, what's new is that many organizations have an impressive variety of data & information resources that leads to reveal about customer behavior, purchasing decision, price sensitivity, attitudes, etc. Diverse businesses and leading enterprises, now-a-days uses data warehouses with customer focus that sets them apart from their traditional operational databases. The data mining and data warehouses have become the bases on which specific business aims can be achieved & predictive model can be built. Generally, data mining and warehousing sometimes called data or knowledge discovery are the process of analyzing data from different perspectives and summarizing it into useful information where information that can be used to increase revenue, cuts costs, or both. Data mining software is one of a number of analytical tools for analyzing data. It allows users to analyze data from many different dimensions or angles, categorize it, and summarize the relationships identified. Technically, data mining is the process of finding correlations or patterns among dozens of fields in large relational databases. This work presents the Data Mining and Warehousing in CRM, integration of CRM with Data Mining & Warehouse by creating a customer database, explain the whole Data Mining process for CRM and facilitate of Data Mining & Warehousing for organization.
Mining, Warehouse, CRM, SPSS, Operational, Analytical, Collaborative