Abstract

As one important part of customer economy, CRM (Customer Relationship Management) has been widely adopted by various enterprises. By reserving win-win relationship between customers and enterprises, CRM can effectively help enterprises to increase profit margins, and to promote competitive power. To provide helpful views for researchers and business managers, in this paper we divided CRM developmental history into three stages, including embryo stage, formation stage (i.e. contact management, sales force automation and call center) and maturity stage (i.e. operational CRM, collaborative CRM and analytical CRM), and then we analyzed the stages respectively. Furthermore, we discussed on the actual applications in and outside China. We found that in China the basic knowledge of CRM still needs to be popularized, and a lot of Chinese enterprises are too sensitive to the prices of CRM products. Some helpful conclusions were provided finally.

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.