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1. Customers Rarely Matter
2. Can’t Remember Much
3. Communicating Random Meaning
4. Customers Rudimentarily Managed
5. Customer Relationship Management
With respect to Marketing, CRM stands for Customer Relationship Management.
Customer Relationship Management but in another segment, Credit Risk Management also
(CRM) is a term that refers to practices, strategies and technologies that companies use to manage and analyze customer interactions and data throughout the customer lifecycle so its Customer Relation Management
CRM stands for Customer Relationship Management, a term first coined in the1990’s
The literal and original meaning of the expression “Customer Relationship Management” was, simply, managing the relationship with your customer. Today it is used to describe IT systems and software designed to help you manage this relationship.
Like many buzzwords, the term CRM has been adopted by IT system vendors to fit their product. CRM might be used to describe a cloud CRM systems for sales people (Sales Force Automation, Opportunity Management), for marketing people (Marketing Automation, Campaign Management), for Helpdesks (Customer Service and Support), email and voice logging, and so on.
''CRM'' stand for (5)customer relationship management since it facilitate buissness to manage business realtion and the information among them.
5. Customer Relationship Management
1. Customer Rarely Matter
.................................... Option #5. Customer Relationship Management
CRM stands for Customer Relationship Management.