CRM, or customer relationship management, is a set of tools and strategies used to manage and analyze customer interactions and data throughout the customer lifecycle. In the context of e-commerce and online retail, CRM can be used to manage customer interactions across multiple channels, such as email, social media, and live chat. It can also be used to track customer behavior and purchasing history, allowing businesses to personalize their marketing efforts and improve customer retention. Additionally, CRM can be integrated with other business systems, such as inventory management and accounting, to provide a holistic view of the customer and the business. Overall, CRM can help e-commerce businesses improve their customer service and sales.
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