The management of customer relationship has two main objectives:
to acquire customers and to keep customers. Advertising and promotion can
attract and acquire customers. The decision to buy or not a particular product
is based on the customer’s perceived value and suitability of the said product.
Once the customer makes a decision to purchase, customer relationship
management must aim to keep the customer by conveying the message that
the product’s value and suitability is maintained or even enhanced. Today, new
ICT applications are available to facilitate efforts aimed in this direction and help
organizations to improve the ways in which they deal with and keep customers.
By the application of customer relationship management it is possible to track
customer records and harmonize automated customer interactions.