This document outlines a 6 question online test from Global Business School on Customer Relationship Management (CRM) dated April 27, 2020. The test questions assess understanding of customer retention strategies, reasons for losing customers, issues with CRM in business-to-business markets, how marketers can increase CRM during the pandemic, how CRM tools help achieve customer satisfaction, and customer segmentation based on loyalty, profitability and satisfaction. Students are asked to answer each question and provide relevant examples to receive marks.
This document outlines a 6 question online test from Global Business School on Customer Relationship Management (CRM) dated April 27, 2020. The test questions assess understanding of customer retention strategies, reasons for losing customers, issues with CRM in business-to-business markets, how marketers can increase CRM during the pandemic, how CRM tools help achieve customer satisfaction, and customer segmentation based on loyalty, profitability and satisfaction. Students are asked to answer each question and provide relevant examples to receive marks.
This document outlines a 6 question online test from Global Business School on Customer Relationship Management (CRM) dated April 27, 2020. The test questions assess understanding of customer retention strategies, reasons for losing customers, issues with CRM in business-to-business markets, how marketers can increase CRM during the pandemic, how CRM tools help achieve customer satisfaction, and customer segmentation based on loyalty, profitability and satisfaction. Students are asked to answer each question and provide relevant examples to receive marks.
1. Discuss Customer retention strategies and problems occurred during
retaining customers with an example.(3 marks) 2. Discuss the reasons why marketers lose their customer. Choose a type of business to give reasons.(3 marks) 3. Discuss issues in Customer Relationship strategies in B2B markets with the help of examples (3 marks) 4. How can marketers try to increase CRM during current Pandemic and lockdown? Explain with an example(3 marks) 5. Explain how a CRM tool/software could help a business achieve customer satisfaction by an example (4 marks) 6. Explain the marketer’s segmentation of different types customers based on loyalty/profitability/ satisfaction by choosing a sector of your choice. (4 marks)