What is the primary objective of CRM process?
A) To develop a base of loyal customers who patronize the retailer frequently
B) To satisfy customers by providing discounts and special offers
C) To increase the foot-traffic into retail stores
D) To offer the best prices possible to their target customer
E) To attract customers away from competitors
Correct Answer:
Verified
Q10: Developing retail programs for small groups or
Q11: The customer lifetime value (CLV) is the
Q12: Which of the following statements is True
Q13: Customer loyalty is limited to ensuring satisfaction
Q14: _ refers to the percentage of the
Q16: A data warehouse normally contains information on
Q17: _ indicates that customers are committed to
Q18: Customer loyalty can be enhanced by creating
Q19: Customers in the platinum segment place more
Q20: Customer loyalty means
A) customers are committed to
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