Abstract

Consumer relationship management can be explicated as the procedure of gaining, retaining and developing rewarding consumers. It demands an unambiguous centre on the service characteristics that signify value to the consumer and initiates allegiance. CRM is considered to be 10% strategy and 90% action as per according to certain literature. It is considered as business strategy that increases value to customer services in bank and brings customers near to business. To derive customer delight a proper strategic alliance is required in implementation. E-CRM emerged from internet and web technology, which helps in facilitation of implementation of customer relationship management. It relies on internet or web-based interactions between company and customers.

Full Text
Paper version not known

Talk to us

Join us for a 30 min session where you can share your feedback and ask us any queries you have

Schedule a call

Disclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.