Which of the following statements does not describe the customer relationship management process that retailers implement?
A) The process begins with the collection and analysis of data about a retailer's customers and the identification of its best customers.
B) CRM is an iterative process that turns customer data into customer loyalty and repeat-purchase behavior.
C) Retailers concentrate on providing more value to their best customers using targeted promotions.
D) Loyal customers share a personal bond with retailers.
E) All of these statements describe customer relationship management.
Correct Answer:
Verified
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