What does CRM mean in International Business?

This page is about the meanings of the acronym/abbreviation/shorthand CRM in the Business field in general and in the International Business terminology in particular.

Customer Relationship Management

Business » International Business

Rate it:5.0 / 3 votes

Translation

Find a translation for Customer Relationship Management in other languages:

Select another language:

  • - Select -
  • 简体中文 (Chinese - Simplified)
  • 繁體中文 (Chinese - Traditional)
  • Español (Spanish)
  • Esperanto (Esperanto)
  • 日本語 (Japanese)
  • Português (Portuguese)
  • Deutsch (German)
  • العربية (Arabic)
  • Français (French)
  • Русский (Russian)
  • ಕನ್ನಡ (Kannada)
  • 한국어 (Korean)
  • עברית (Hebrew)
  • Gaeilge (Irish)
  • Українська (Ukrainian)
  • اردو (Urdu)
  • Magyar (Hungarian)
  • मानक हिन्दी (Hindi)
  • Indonesia (Indonesian)
  • Italiano (Italian)
  • தமிழ் (Tamil)
  • Türkçe (Turkish)
  • తెలుగు (Telugu)
  • ภาษาไทย (Thai)
  • Tiếng Việt (Vietnamese)
  • Čeština (Czech)
  • Polski (Polish)
  • Bahasa Indonesia (Indonesian)
  • Românește (Romanian)
  • Nederlands (Dutch)
  • Ελληνικά (Greek)
  • Latinum (Latin)
  • Svenska (Swedish)
  • Dansk (Danish)
  • Suomi (Finnish)
  • فارسی (Persian)
  • ייִדיש (Yiddish)
  • հայերեն (Armenian)
  • Norsk (Norwegian)
  • English (English)

Definition

What does CRM mean?

Customer relationship management
Customer relationship management (CRM) is a process in which a business or other organization administers its interactions with customers, typically using data analysis to study large amounts of information.CRM systems compile data from a range of different communication channels, including a company's website, telephone, email, live chat, marketing materials and more recently, social media. They allow businesses to learn more about their target audiences and how to best cater for their needs, thus retaining customers and driving sales growth. CRM may be used with past, present or potential customers. The concepts, procedures, and rules that a corporation follows when communicating with its consumers are referred to as CRM. This complete connection covers direct contact with customers, such as sales and service-related operations, forecasting, and the analysis of consumer patterns and behaviors, from the perspective of the company. According to Gartner, the global CRM market size is estimated at $69 billion in 2020.

see more »

Popularity rank by frequency of use

How popular is CRM among other acronyms?

CRM#1#351#12977

Embed

Citation

Use the citation below to add this abbreviation to your bibliography:

Style:MLAChicagoAPA

"CRM." Abbreviations.com. STANDS4 LLC, 2024. Web. 28 Mar. 2024. <https://www.abbreviations.com/term/123531>.

Discuss this CRM abbreviation with the community:

0 Comments

    Browse Abbreviations.com

    Free, no signup required:

    Add to Chrome

    Get instant explanation for any acronym or abbreviation that hits you anywhere on the web!

    Free, no signup required:

    Add to Firefox

    Get instant explanation for any acronym or abbreviation that hits you anywhere on the web!

    Quiz

    The ultimate acronym test

    »
    NESW
    A North, East, South, West
    B Neat Elf Sleigh Workers
    C No Eating Shredded Clams
    D Near Episode Seventy Woohoo