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ISSN 2063-5346
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EFFECTIVENESS OF CUSTOMER RELATIONSHIP MANAGEMENT

Main Article Content

Beena P, Puneetharaju S, Suhas M, Priyadarshini D Y
» doi: 10.31838/ecb/2023.12.6.98

Abstract

Customer Relationship Management (CRM) has emerged as a critical business approach for organizations aiming to build long-lasting relationships with their customers. In today's competitive market, successful CRM implementation has become a key differentiating factor for businesses seeking sustainable growth and profitability. This abstract provides an overview of the key components and strategies involved in effective customer relationship management and explores its implications for organizations. The first section of the abstract highlights the foundational elements of CRM, including data collection, customer segmentation, and the integration of technology solutions. It emphasizes the importance of gathering and analyzing customer data to gain insights into their preferences, behaviors, and needs. Furthermore, it emphasizes the significance of categorizing customers into segments to tailor personalized marketing efforts and maximize customer satisfaction.

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