Answered

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What is the primary objective of the Customer Relationship Management (CRM) process?

A. To develop a base of loyal customers who patronize the retailer frequently
B. To offer the best prices possible to their target customer
C. To satisfy customers by providing discounts and special offers
D. To increase foot traffic into retail stores

Sagot :

GinnyAnswer

Final answer:

The primary goal of CRM is to build customer loyalty through personalized experiences and quality service to attract repeat customers and drive business growth.


Explanation:

The primary objective of the Customer Relationship Management (CRM) process is to develop a base of loyal customers who patronize the retailer frequently. Customer-intimate companies focus on tailoring products and services to build lasting customer loyalty by understanding the lifetime value of customers and providing personalized experiences.

By investing in strategies like micromerchandising programs tailored to specific customer needs, companies like Kraft USA strengthen their focus on customer intimacy. Additionally, utilizing digital channels such as company websites and social media allows organizations to manage customer relationships effectively.

Establishing a good reputation through delivering quality products and services encourages repeat customers, who play a vital role in attracting new customers through positive recommendations, ultimately supporting the growth of the business.


Learn more about Customer Relationship Management (CRM) here:

https://brainly.com/question/50961568


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