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Ch. 1
Ch. 1

... Customer relationship management (also called CRM) is defined as: “the overall process of building and maintaining profitable customer relationships by delivering superior customer value and satisfaction.” ...
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... Basic marketing: Sales men simply sells product Reactive marketing: Sales men sells product and encourages customer to call up in case of any queries Accountable marketing: Sales men rings up the customer asking for problems, suggestions and improvements Proactive marketing: Salesmen contacts custom ...
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Why loyalty marketing means customer retention

... “baker’s tips” event, or product sampling sessions can help you to keep your top customers coming back and spending more per visit. Plus it can help you transform already-loyal customers into brand ambassadors who attract others to your business. ...
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... SFA is a customer management tool that is one of the fastest growing elements of the MkIS.  SFA applications are often integrated with the CRM system.  SFA involves the application of IT to the sales function or, more appropriately, to the activities leading to a sale. These activities include ac ...
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Chapter 37. The Promotional Mix

... Chapter 37. The Promotional Mix—Terms and Definitions buzz marketing. Promotion designed to look as though it is coming from an unbiased stranger or a friend, instead of from a corporation. customer relationship management (CRM). Gathering and using customer data to develop better communications wit ...
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Customer relationship management

Customer relationship management (CRM) is an approach to managing a company’s interaction with current and future customers. It often involves using technology to organize, automate, and synchronize sales, marketing, customer service, and technical support.
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