Asked by Queen Jenni on Jul 14, 2024
Verified
Customer relationship management is primarily used by firms to ________.
A) attract new customers
B) survey profitable customers
C) retain loyal customers
D) target infrequent customers
Retain Loyal Customers
Strategies and practices aimed at keeping customers who repeatedly buy from or support a business.
Infrequent Customers
Individuals who purchase goods or services from a business irregularly or rarely.
Survey Profitable
A survey method designed to understand the profitability of various aspects of a business, often focusing on customer satisfaction and product/service viability.
- Ascertain techniques for bolstering customer allegiance and financial gains via CRM.
- Understand the significance of tailoring the marketing mix to engage and draw in customers.
Verified Answer
Learning Objectives
- Ascertain techniques for bolstering customer allegiance and financial gains via CRM.
- Understand the significance of tailoring the marketing mix to engage and draw in customers.
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