Business Driven Technology
7th Edition
ISBN: 9781259567322
Author: Paige Baltzan Instructor
Publisher: McGraw-Hill Education
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Chapter 11, Problem 5RQ
Program Plan Intro
Customer relationship management (CRM):
This concept came into frame to manage a company’s interaction with current and potential customers. This approach uses data analysis about the customer’s history with a company so as to improve business relationships with customers and it specifically focuses on customer retention and ultimately driving sales growth. It is also useful to learn more about the company’s target audiences and how to fulfill their needs.
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Chapter 11 Solutions
Business Driven Technology
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- Explain the significance of lead management in CRM and how it contributes to effective customer relationship management.arrow_forwardList and explain how customer relationship management software saves money and helps.arrow_forwardHow can companies proactively gather customer feedback to identify potential sources of conflict before they escalate?arrow_forward
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- What are three particular steps a company may take to win over customers' mistrust?arrow_forwardCustomer satisfaction should be both a goal and a marketing tool for companies. Discusarrow_forwardExplain why most successful e-commerce organizations such as amazon.com use online marketing mix strategies?arrow_forward
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