What is the primary function of analytics in customer relationship management (CRM)? 🔊
The primary function of analytics in customer relationship management (CRM) is to analyze customer data to improve relationships and drive sales effectiveness. By utilizing analytics, businesses can gain insights into customer preferences, behaviors, and needs. This facilitates more targeted marketing strategies and personalized interactions, which enhance customer satisfaction and loyalty. Furthermore, analytics helps in identifying patterns that inform product development and customer support enhancements, ultimately contributing to sustained business growth and competitive advantage.
Equestions.com Team – Verified by subject-matter experts