CUSTOMER RELATIONSHIP MANAGEMENT STRATEGIES AS A DRIVER OF ORGANIZATIONAL PERFORMANCE

Authors

  • B.V.Rakesh Babu Author

DOI:

https://doi.org/10.64751/ijdim.2023.v2.n2.pp26-33

Keywords:

Customer Relationship Management, CRM Strategies, Organizational Performance, Customer Satisfaction, Customer Loyalty, Strategic Management, Competitive Advantage.

Abstract

Customer Relationship Management (CRM) has emerged as a critical strategic tool for organizations seeking to enhance performance in highly competitive and customer-centric markets. This study examines how effective CRM strategies act as a key driver of organizational performance by strengthening customer acquisition, retention, and long-term relationship value. The research emphasizes the alignment of CRM initiatives with organizational goals, supported by data analytics, digital platforms, and customer-centric processes. By integrating strategic planning, technology-enabled insights, and relationship-oriented practices, organizations can improve operational efficiency, customer satisfaction, and profitability. The study highlights the role of CRM strategies in enabling informed decision-making, enhancing service quality, and fostering customer loyalty, which collectively contribute to sustainable competitive advantage. The findings suggest that organizations that adopt well-structured CRM strategies experience measurable improvements in financial performance, market share, and overall organizational effectiveness.

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Published

2023-04-18

How to Cite

B.V.Rakesh Babu. (2023). CUSTOMER RELATIONSHIP MANAGEMENT STRATEGIES AS A DRIVER OF ORGANIZATIONAL PERFORMANCE. International Journal of Data Science and IoT Management System, 2(2), 26-33. https://doi.org/10.64751/ijdim.2023.v2.n2.pp26-33

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