Value of customer relationship management


One way e-businesses can differentiate their business is by providing benefits to the customer. One important aspect is customer service, such as FAQ or one-click shopping cart. Markets see the value of customer relationship management (CRM). The goal is to maintain a long-term relationship with the customers.

Explain the importance of customer service and customer support in an e-business and discuss some of the strategies businesses can use in creating customer service, customer support levels and customer relationship management.

Points to consider include the following:

The life time value of a customer

  • FAQ's
  • Tailor programs
  • Customization
  • Handling returns
  • Shopping cart
  • Ease of use
  • Security
  • Call centers

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Other Management: Value of customer relationship management
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