Asian Journal of Development Matters
  • Year: 2011
  • Volume: 5
  • Issue: 1

Customer Relationship Management: An Opportunity for Competitive Advantage

  • Author:
  • Fatemeh Ghanbari
  • Total Page Count: 5
  • Page Number: 118 to 122

Department of Studies in Communication and Journalism, University of Mysore, India

Abstract

CRM helps to solve the problem by meshing everyone together and focusing the entire organization on the customer. Like all strategic initiatives, CRM requires commitment and understanding throughout the company, not just in marketing. In all, it adds to a sense of expectation and loyalty being instilled within the consumer and the development of a relationship between company and customer that competitors find hard to break.

Keywords

Customer relationship Management, CRM Business Cycle, Six Market Framework, Use of Technology in CRM, Six E's of e-CRM