What is Customer Relationship Management (CRM) & Why it is Important
Customer Relationship Management (CRM) is a strategy and set of tools used to manage and analyze customer interactions and data throughout the customer lifecycle, aiming to improve business relationships.
Why is Customer Relationship Management (CRM) important?
CRM is important because it enables businesses to manage customer interactions, improve customer satisfaction, and increase customer loyalty, ultimately leading to higher revenue and growth.
An easy way to understand Customer Relationship Management (CRM)
Think of it as a system that helps businesses organize and manage their interactions with customers, keeping track of important information and improving communication.