answersLogoWhite

0


Best Answer
Customer Relationship ManagementCRM aims to create and maintain a mutually beneficial relationship between a company and its clients. In this mode of trade relations, the company seeks customer loyalty by offering him a quality of service he would not find elsewhere.The image often used to illustrate this concept is that of the relationship between a shopkeeper and his customers. The loyalty of these is rewarded because the merchant knows their needs and is able to respond and anticipate it (like a baker who puts aside a cooked stick to your preference and makes you credit).
User Avatar

Wiki User

βˆ™ 7y ago
This answer is:
User Avatar

Add your answer:

Earn +20 pts
Q: What is Customer Relationship Management?
Write your answer...
Submit
Still have questions?
magnify glass
imp
Related questions

Can you get a proper questionnaire on customer relationship management in banks?

questionnaire on customer relationship management in banks


What programs offer good customer relationship software?

"OnContact Software, which is a product of Customer Relationship Management (CRM), is one program which offers customer relationship management software."


CRM?

Customer Relationship Management


What are the main benefits of a Customer Relationship Management System?

Main benefits of a Customer Relationship Management System have to do with the customer themselves. It ensures that the customer is getting dealt with properly and in an orderly manner.


Suggest marketing topics for project in Toyota?

Customer Relationship Management Quality Management Customer Segmentation


What is the link between information management and customer relationship management?

Relationship is like boyfriend and girlfriend management and customers are the same


Is there a degree program for customer relationship management?

There are degrees and certificates for Customer Relationship Management, however, Organizational Leadership and General Business Management Degrees may be easier to find in your area.


What does CRM management stand for?

CRM stands for Customer Relationship Management but it could mean and Customer Relationship Marketing, so give the the sentence and i will explain what it means there.


What is Customer Relationship Management initiative?

Customer Relationship Management is the way one mountains their relationship with customers. An initiative would most likely be some type of either intrinsic or extrinsic incentive for maintaining positive customer relationships.


What are the potential returns of customer relationship management?

Customer relationship management may bring about 1. Customer loyalty 2. Firms goodwill 3. Better social relationship between customer (society) and the firm 4. Timely product improvements as per customers need.


What exactly is a CRM package?

A CRM package is computer software. It is a type of computer software which helps companies with customer relationship management. CRM stands for customer relationship management.


What is objectives of customer relationship management in winning competition service marketing in travel agency?

"What is objectives of customer relationship management in winning competition service marketing in travel agency?"