Customer Portfolio Analysis
CPA, the first step in the CRM value chain acknowledges that not all customers have equal value to the company. CPA asks the question: ‘who are our SSCs (strategically-significant customers)?’
SSC’s is defined thoroughly above so let’s move toward CPA. CPA tells us what our customers giving value to us?
A customer portfolio comprises the mixture of groups that make up the customer base of a business. For example, Coca-Cola's customer portfolio consists of restaurants, grocery stores, amusement parks and sports arenas.
It means before starting the CRM process, an organization should know about their customers thoroughly.