Index Customer Relationship Management: A Business Strategy:CRM Lifecycle:CRM Process:Data Processing Techniques:Segmentation:Association:Predictive Modeling:Deviation Detection:Detection of Abandonment:eCRM:Model Management:Summary:Creating customer value is the defining factor of a productive business. Customer satisfaction ensures long-term business profitability. Customer bases designed over a period of time tested to be Brobdingnagian make it easy to increase the reach of a selected company's product or service. The process through which a company creates value for the customer is usually referred to as Client Relationship Management (CRM). By implementing a CRM strategy, a company will improve business processes and technology solutions related to merchandising, marketing and service functions across all customer touchpoints. In brackets: internet, e-mail, telephone, fax. Say no to plagiarism. Get a tailor-made essay on "Why Violent Video Games Shouldn't Be Banned"? Get an Original Essay The goal of CRM applications is to attract, retain, and manage a company's profitable customers. Electronic support for these activities is provided by the company's business intelligence system. Data mining is a telephone support method where we tend to look for patterns in information and thus gather previously unknown information. Such imprecise information becomes instrumental in facilitating intelligent selections to maximize the ability of associates in nursing organizations to create value for their customers. During this period, customer information becomes a valuable business quality. Customer Relationship Management: A Business Strategy: Customer relationship management has been outlined in numerous ways. The most comprehensive definitions of CRM are as follows: A business term that creates superior value and profitability through a comprehensive and systematic approach to quickly acquire, manage and retain the right customer. A comprehensive approach that provides seamless integration of every business space that touches the customer - specifically, marketing, sales, customer service and field support through the combination of individuals, method and technology, leveraging the revolutionary impact of the network. CRM Life Cycle: CRM could be a business strategy that enables the company to attract new customers, retain profitable ones and retain prevalent customers. CRM follows a life cycle, and therefore it is necessary to recognize the importance of each of the various stages of the life cycle for CRM to be successful. Researchers, mainly from the industry, have developed CRM models to change the United States to know the method of managing customer relationships. Hyperion Solutions has planned a model to see the life cycle of CRM processes. CRM Process: Customer Relationship Management cluster LLC has sculpted the CRM method, which could be an elaborate description of the style during which CRM is conducted in organizations. The CRM model contains systems that support and manage four styles of business. In the first type, new customers are attracted and profitable customers are retained. customer/customer preferences are known. Customers differentiate themselves based on the idea that their preferences and techniques are designed to work with shoppers, recognizing variations across various buyer segments. In the third type, the organization offers tailored solutions to meet buyers' needs/preferences to encourage action from them. In the last type, the organization executes transactions and.