Tag: crm

By Riya Jain & Priya Chetty on May 7, 2021 No Comments

In order to analyze the customer lifecycle in a business, it is important to measure key performance indicators (KPIs).

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By Priya Chetty on April 29, 2020 No Comments

To inspire loyalty amongst customers, most standalone hotels, and hotel chains have implemented customer loyalty programs.

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Customer relationship management is one of the core processes of an organization which deals in establishing, enhancing and maintaining the long term associations with the customers (Chalmeta, 2006).

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The final phases of CRM re-implementation in business comprise of project implementation and CRM evaluation performance.

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Customer value creation has various meanings, some may consider it as the price of a commodity, whereas, others may consider value as a benefit or utility that is achieved after consumption.

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Customer portfolio is a list segmented into the various groups of customer that a business should build relationships with. It is basically a tool that helps to keep track of customer activities and generate relationships with them.

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By Avishek Majumder on May 3, 2019 No Comments

Having built the CRM project foundations, the next phase involves the specification of needs for the CRM and selecting the right suitable partner in conduction of CRM.

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A customer database, for small businesses often start out as a small excel worksheet whereas larger organizations use different tools to manage millions of customers for a specific time period.

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