Abstract
Customer Relationship Management (CRM) provides various offers to customers based on their past behaviors and demographic characteristics. It also depicts service representatives’ information about the profit range of customers and the ways they used to generate profits. CRM attains the attraction of new customers through increased brand loyalty, price decline, high proficiency, and provides a competitive advantage. Retailers are in the situation to pay keen attention on brand loyalty in order to sustain in the existing competitive market. Retail outlet draws out a mental picture in the mind of the customer.
References
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