Customer relationship management | Sjain Ventures

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Transcript of Customer relationship management | Sjain Ventures

Customer Relationship Management

Customer relationship management, or CRM, refers to reliable systems, processes, and procedures

that enable firms to raised manage client relationships.

CRM could be a company level strategy that focuses on making and maintaining effective communication with

its customers.

Ideally, a sound CRM strategy should develop an end-to-end process that encompasses sales, customer service,

and marketing.

A productive customer relationship plan will manage all business-related operations and

interactions with customers simultaneously.

It often includes special software programs, known as CRM programs,

that aid companies in tracking and organizing their customer base.

CRM improves relationships between customers and firms because it permits a corporation to satisfy the

requirements of the customer by keeping track of their interests and improving product and

services accordingly.

A solid CRM program will increase customer loyalty,

decrease selling prices, and increase revenue and profits.

Essentially, it greatly improves the way your company and sales representative or other professionals do

business with customers.

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