Foundations of Business (Custom Package)
4th Edition
ISBN: 9781305937857
Author: Pride
Publisher: Cengage
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Question
Chapter 11, Problem 1CC
Summary Introduction
To determine: The ways in which technology help to build long-term customer relationships.
Introduction: Customer is any individual or group who may have curiosity for purchasing, or has purchased goods or services from an organization. Every time while paying a bill or purchasing something from a store an individual is considered as their consumer.
Expert Solution & Answer
Explanation of Solution
The ways in which technology help to build long-term customer relationships are as follows:
- To formulate long term customer relationships, marketers are progressively swinging to marketing exploration and data innovation.
- Customer relationships management (CRM) spotlights on utilizing data about consumers to make marketing strategies that create and maintain attractive consumer relationships.
- By expanding consumer relationships after some time, businesses attempt to hold and increment long term benefit through client dedication.
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Chapter 11 Solutions
Foundations of Business (Custom Package)
Ch. 11 - Prob. 1CCCh. 11 - Prob. 2CCCh. 11 - Prob. 3CCCh. 11 - Prob. 4CCCh. 11 - Prob. 5CCCh. 11 - Prob. 6CCCh. 11 - Prob. 7CCCh. 11 - Prob. 8CCCh. 11 - Prob. 9CCCh. 11 - Prob. 10CC
Ch. 11 - Prob. 11CCCh. 11 - Prob. 12CCCh. 11 - Prob. 13CCCh. 11 - Prob. 14CCCh. 11 - Prob. 15CCCh. 11 - Prob. 16CCCh. 11 - Prob. 17CCCh. 11 - Prob. 18CCCh. 11 - Prob. 19CCCh. 11 - Prob. 20CCCh. 11 - Prob. 21CCCh. 11 - Prob. 22CCCh. 11 - Prob. 23CCCh. 11 - Prob. 24CCCh. 11 - Prob. 25CCCh. 11 - Prob. 26CCCh. 11 - Prob. 27CCCh. 11 - Prob. 1DQCh. 11 - Prob. 2DQCh. 11 - Prob. 3DQCh. 11 - Prob. 4DQCh. 11 - Prob. 5DQCh. 11 - Prob. 6DQCh. 11 - Prob. 7DQCh. 11 - Prob. 8DQCh. 11 - Prob. 9DQCh. 11 - Prob. 10DQCh. 11 - Prob. 11DQCh. 11 - Prob. 12DQCh. 11 - Prob. 13DQ
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