Value of customer relationship management


Problem:

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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Management Information Sys: Value of customer relationship management
Reference No:- TGS02009484

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