Podcast
Questions and Answers
What is the focus of the retention stage in customer relationship management?
What is the focus of the retention stage in customer relationship management?
- Acquiring new customers through online marketing
- Transforming satisfied customers into brand advocates
- Personalized interactions and loyalty programs (correct)
- Nurturing existing customer relationships for upselling
How is customer retention emphasized in the relationship development stage?
How is customer retention emphasized in the relationship development stage?
- Converting loyal buyers into brand advocates
- Creating a positive overall experience for new clients
- Proactive communication and addressing concerns (correct)
- Attracting potential customers through online marketing
What is the primary goal of acquisition in E-CRM for managing customer relationships?
What is the primary goal of acquisition in E-CRM for managing customer relationships?
- Attracting and onboarding new customers (correct)
- Cross-selling and upselling products/services
- Analyzing customer data for personalized offerings
- Nurturing existing customer relationships
How does expansion in E-CRM contribute to increasing transaction values?
How does expansion in E-CRM contribute to increasing transaction values?
What is the strategic framework for managing customer relationships in digital environments?
What is the strategic framework for managing customer relationships in digital environments?
How did E-CRM impact the loyalty program at XYZ Electronics?
How did E-CRM impact the loyalty program at XYZ Electronics?
What advantages did XYZ Electronics realize by implementing E-CRM?
What advantages did XYZ Electronics realize by implementing E-CRM?
How did E-CRM assist XYZ Electronics in managing customer information from multiple sources?
How did E-CRM assist XYZ Electronics in managing customer information from multiple sources?
What benefits did proactive customer service bring to XYZ Electronics through E-CRM?
What benefits did proactive customer service bring to XYZ Electronics through E-CRM?
How did E-CRM contribute to increased consumer engagement at XYZ Electronics?
How did E-CRM contribute to increased consumer engagement at XYZ Electronics?