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Customer relationship management the name itself suggests that it is an enterprise application that deals with the interaction of the future customers of the companys management organizing and coordinating sales and marketing and giving better customer services along with technical support.

Customer relationship management is about. Customer relationship management crm is an organizational strategy that is customer focused and customer driven. How do we define crm. Development of this type of bonding drives the business to new levels of success.

It allows an organization to gain insights into customers shopping and buying behaviors. The goal is to improve customer service relationships and assist in customer retention and drive sales growth. By storing the data collected you are able to access it by multiple users at once allocate it to various departments and identify prospects leads and sales opportunities all from the one place.

Crm is a system that allows businesses to manage track and review their relationships with other businesses as well as their customers. Crm is often used to refer to technology companies. Customer relationship management crm is the combination of practices strategies and technologies that companies use to manage and analyze customer interactions and data throughout the customer lifecycle.

Customer relationship management is the strongest and the most efficient approach in maintaining and creating relationships with customers. Its a technology used to manage interactions with customers and potential customers. Customer relationship management is not only pure business but also ideate strong personal bonding within people.

Terms in this set 34 customer relationship management crm transformation of people processes and technology needed to become a customer driven organization. A crm system helps organisations build customer relationships and streamline processes so they can increase sales improve customer service and increase profitability. Method to enhance experience of individual customers so theyre customer 4life.

Crm stands for customer relationship management.

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