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Customers are important and key stakeholders of the business. |
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All aspects of the relationship with customers have to be adjusted for and encompassed within the customer relationship management system. |
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These include customers contact details, sales history: frequency, type of sale, price range, etc. |
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They can also include information on after sales dealings and returns. |
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This system helps review the current operations with customers, but it is also vital for improving and adapting to the customers’ needs. |
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It allows for trends to be spotted, and can help massively in the decision making process. |
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It is also a powerful tool for future marketing procedures. |
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Figure 4.4 illustrates the Customer Relationship Management System Key features. |
