A Critical Study of Customer Relationship Management (CRM)
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Abstract
No company can succeed without customers. If you don’t have customers, you don’t have a business. You have a hobby. —Don Peppers and Martha Rogers CRM is the strategic process of selecting customers that a firm can most profitably serve and shaping interactions between a company and these customers. The ultimate goal is to optimize the current and future value of customers for the company Customer Relationship Management (CRM) is a technology or software solution that helps track data and information about customers to enable better customer service. Others think of CRM, or one-to-one, as an elaborate marketing or customer service discipline. We even recently heard CRM described as “personalized e-mail.”
References
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