Customer Relationship
()
About this ebook
Customer Relationship Management is of a great use to the
multi-level business arrangement. Its use can be dated back to
the era of pre-industrialisation when its need was found for
keeping track about the needs and demands of the customer.
Many advancements were made since the time but the term
'CRM' was finally identified in 2005. Till date the CRM
continuously gets updated with the recent technological
advancements made in the software department. This makes
the CRM to be endowed with best of the features till date.
The CRM even keeps a database consisting of information
about its customers personal details as well as the details about
the purchasing interests of the customer such as like and
dislikes for the item, purchasing history etc. Apart from this,
the company also tries to maintain communication through
social media platforms to keep themselves updated with the
experiences of the customers about the use of their product. It
is also essential for maintaining relationship with their customers
(new or old) which reflects upon the organisation's final output
value.
There is a wide application of Customer Relationship
Management in certain fields and its scope remains wide.
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Book preview
Customer Relationship - IntroBooks Team
Customer
Relationship
IntroBooks #495
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ALL RIGHTS RESERVED.
Preface
Customer Relationship Management is of a great use to the multi-level business arrangement. Its use can be dated back to the era of pre-industrialisation when its need was found for keeping track about the needs and demands of the customer.
Many advancements were made since the time but the term ‘CRM’ was finally identified in 2005. Till date the CRM continuously gets updated with the recent technological advancements made in the software department. This makes the CRM to be endowed with best of the features till date.
The CRM even keeps a database consisting of information about its customers personal details as well as the details about the purchasing interests of the customer such as like and dislikes for the item, purchasing history etc. Apart from this, the company also tries to maintain communication through social media platforms to keep themselves updated with the experiences of the customers about the use of their product. It is also essential for maintaining relationship with their customers (new or old) which reflects upon the organisation’s final output value.
There is a wide application of Customer Relationship Management in certain fields and its scope remains wide.
Summary
Customer Relationship Management is associated with the integration of marketing sales, customer service and supply chain functions of the company to achieve maximum productivity and efficiency in delivering customer satisfaction. It is a team effort of people working together towards achieving the maximum profit for the industry.
There are many aspects of CRM that should be kept in mind. It begins with finding of customers which require the use of their products. Once the relationship is established it is important to remain in touch with the customer. The company creates a database of its clients for