Customer relationship management crm helps

    • [DOC File]DEVELOPING CUSTOMER RELATIONSHIPS AND VALUE THROUGH …

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      a. Customer Relationship Management (CRM) This focuses on identifying a firm’s most valued customers and building long-term customer relationships to build loyalty. The process involves building and maintaining profitable customer relationships through superior customer value. Examples can be simple courtesy phone calls from car dealerships ...

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    • [DOCX File]Customer Relationship Management (CRM):

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      To make the most of all your contacts with customers every day-whether on the web, by phone, or via mail,you need customer relationship management tools that help you both keep the customers you have and add new ones; target the right offer to the right customer at the right time; and combine marketing, sales, and service to create a 360º view of your customers.Infor's Customer Relationship ...

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    • [DOCX File]INSTITUTE OF BANKERS IN MALAWI

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      As a newly recruited Customer Relationship Managers, briefly advise management on three reasons why CRM should be seen as a an important asset in achieving success in a bank. (Total 15 marks) [Total 15 Marks] Answers Question 1. No: Key Points; 1. CRM helps marketers take an asset-based view of their customers and thus make better decisions compared to managers who view their customers as ...

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    • [DOCX File]BEST PRACTICES: CUSTOMER RELATIONSHIP MANAGEMENT

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      CRM (Customer Relationship Management) is the successful blend of a business strategy and technology that enables a company to achieve their goals. The technology provides companies with ways to keep contact with existing customers, manage leads more effectively, measure results more often and standardize business processes.

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