Question

A key element of customer relationship management is to: Group of answer choices keep the price of goods as low as possible. develop a strategy to achieve the largest possible market share. allow customers to participate in the management decisions of the firm. learn as much as possible about customers.\

Answer 1

A key element of customer relationship management is to: develop a strategy to achieve the largest possible market share.

• A company or other organization manages its relationships with consumers using a process called customer relationship management, which often involves studying a lot of data through data analysis.
• CRM systems come in three basic categories: operational, analytical, and collaborative. Here's how to pick the best one to give your clients better conversational customer experiences.
• Customer retention, loyalty, profitability, and satisfaction are the four pillars of customer relationship management.
• A tool known as customer relationship management (CRM) is used to handle all interactions and relationships between your business and its clients. Simple is the aim: strengthen commercial ties. CRM systems assist businesses in maintaining contact with clients, streamlining procedures, and boosting profitability.

Thus this is the answer.

To learn more about CRM, refer:brainly.com/question/27993518

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