Customer Relationship Management (CRM) is a strategy and technology used by businesses to manage interactions with current and potential customers. The goal of CRM is to improve customer satisfaction, loyalty, and retention by organizing and automating customer communications, tracking sales leads, managing marketing campaigns, and providing customer support. CRM systems store customer data, such as contact details, purchase history, and preferences, to personalize interactions and provide better service. Effective CRM helps businesses build stronger relationships with customers, streamline processes, and ultimately drive sales growth and long-term success.
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