Customer relationship management
Here are some vocabulary words related to Customer Relationship Management (CRM):
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Customer Relationship Management (CRM):
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The process of managing interactions with current and potential customers to improve customer satisfaction and loyalty.
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Customer Retention:
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The strategy of keeping existing customers and encouraging repeat purchases.
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Customer Acquisition:
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The process of attracting and gaining new customers.
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Customer Segmentation:
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Dividing customers into groups based on characteristics such as demographics, behavior, or preferences.
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Customer Engagement:
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The level of interaction and involvement customers have with a brand or company.
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Customer Satisfaction:
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The extent to which customers are happy and content with a product or service.
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Customer Loyalty:
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The tendency of customers to repeatedly choose and support a particular brand or company.
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Upselling:
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Encouraging customers to purchase additional or upgraded products or services.
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Cross-Selling:
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Offering customers related or complementary products or services to what they are already purchasing.
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Churn Rate:
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The percentage of customers who stop using a product or service over a specific period.
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Customer Feedback:
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Information provided by customers about their experience with a product or service.
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Customer Support:
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Services provided to customers to assist them in using a product or resolving issues.
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Lead Generation:
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The process of identifying potential customers who are interested in a product or service.
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Sales Funnel:
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The stages that potential customers go through in the buying process, from awareness to purchase.
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CRM Software:
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Technology used to manage and analyze customer interactions and data.
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Personalization:
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Tailoring products, services, or marketing efforts to meet individual customer needs and preferences.
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Touchpoints:
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Any point of contact between a customer and a company, such as website visits, social media interactions, or customer service calls.
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Customer Lifetime Value:
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The total value a customer contributes to a company over the duration of their relationship.
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Customer Advocacy:
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Customers who actively promote and recommend a brand or product to others.
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Retention Rate:
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The percentage of customers that a company keeps over a specific period.
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Customer Onboarding:
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The process of familiarizing new customers with a product or service and helping them get started.
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Customer Analytics:
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The use of data and analysis to gain insights into customer behavior and preferences.
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Feedback Loop:
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A continuous process of collecting customer feedback and using it to make improvements.
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Net Promoter Score (NPS):
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A metric used to measure customer satisfaction and loyalty based on the likelihood of customers recommending a company to others.
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Customer Complaints:
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Expressions of dissatisfaction or issues raised by customers regarding a product or service.
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Customer Journey:
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The complete sum of experiences a customer goes through when interacting with a company, from initial contact to post-purchase.
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Customer Persona:
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A fictional representation of an ideal customer, based on research and data, used to understand customer needs and preferences.
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Customer Service:
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The support and assistance provided to customers before, during, and after the purchase of a product or service.
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Customer Database:
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A centralized collection of customer information, including contact details, purchase history, and preferences.
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Customer Engagement Strategies:
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Planned activities and initiatives aimed at increasing customer involvement and interaction with a brand.
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Customer Persona:
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A fictional representation of an ideal customer, based on research and data, used to understand customer needs and preferences.
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Customer Service:
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The support and assistance provided to customers before, during, and after the purchase of a product or service.
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Customer Database:
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A centralized collection of customer information, including contact details, purchase history, and preferences.
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Customer Engagement Strategies:
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Planned activities and initiatives aimed at increasing customer involvement and interaction with a brand.
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Customer Touchpoints:
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Various points of contact and interaction between a customer and a company, such as website visits, social media interactions, emails, or customer service calls.
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Customer Advocacy:
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Customers who actively promote and recommend a brand or product to others.
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Customer Onboarding:
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The process of familiarizing new customers with a product or service and helping them get started.
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Customer Analytics:
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The use of data and analysis to gain insights into customer behavior and preferences.
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Feedback Loop:
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A continuous process of collecting customer feedback and using it to make improvements.
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Net Promoter Score (NPS):
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A metric used to measure customer satisfaction and loyalty based on the likelihood of customers recommending a company to others.
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Remember to practice using these words in various sentences and scenarios to enhance your understanding and fluency. Good luck with your language learning!
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